June 29th, 2011 
Paul Smith Current teenage unemployment rates for May 2011:
All teenagers: 24.2%
Black teenagers: 40.7%
Male black teenagers: 45.1%
Female black teenagers: 35.9%
To paraphrase Larry Elder, lets sum up. Politicians and the mainscream media ignore market forces, dont care about the reality that demand curves slope downward, and overlook the significant adverse impacts of raising the minimum wage on teenage unemployment. But hey, at least they care. In theory. Especially for minorities.
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