Who Could Imagine?

When the minimum wage was increased, some predicted that employers would react by cutting jobs, and cutting hours for those who remained employed. At Cafe Hayek, Russ Roberts relates a yarn Hillary told Jay Leno on the Tonight show:

I was in Indianapolis the other day and I was shaking hands after I spoke. And there was this young boy about eleven years old and he's trying to tell me something—you know the crowd was yelling—so I leaned over and he said, "You know, my mom makes minimum wage and even though it went up, her hours were cut. So we're not making any more money. Can you help her?"
If you're thinking: "I bet Hillary didn't take away the obvious lesson from that", you're right.

(If your first thought was, instead: "I bet Hillary made that up," well, you're probably right about that too. I think she's learning, probably too late, to make her anecdotes as unfalsifiable as possible.)