Minimum Wage Maximum Destruction
Feb 7, 2015 Commentary, Political
Liberals scream about a living wage though if you earn a wage and are not dead it is technically a living wage. They will tell us people can’t live on the current minimum wage and there is a push to make the minimum 15 dollars and hour. That’s right, liberals want to pay people 15 dollars an hour to screw up fast food orders.
[note]One should not be making a career out of a low skill, low paying job. If one wants more then it is wise to get educated, improve skills and seek higher skill, higher paying jobs.[/note]
It is tough to have a living on the current minimum. How on Earth is one supposed to pay for a smart phone, two cars (or one really expensive one), a place to live with air conditioning and heating along with big screen TVs and satellite or cable. Those things will not pay for themselves and they are a right, at least according to the liberals who expect business owners to cough up more money for low skilled workers.
As an aside, I do not agree with a minimum wage. Employers should be able to establish whatever wage they want to attract workers. If people want the job they agree to the pay. If the pay is too low they go somewhere else and that will force the business in question to raise its wages. The free market works well when it is really free.
Looks like San Francisco, a city in the land of fruits, nuts and flakes, decided not to wait for federal action to raise the minimum wage. It implemented a graduated raise with little thought or regard to what it would do to businesses. Why would they worry? According to liberals business owners are wealthy greedy people who hoarde their money and underpay the workers who are nothing more than slave labor.
Well, it appears as if the city got a lesson in economics:
San Franciscans had also enjoyed frequenting Borderland Books for the past 18 years to read and acquire new and used books. It’s been the perfect haunt to spend rainy San Francisco afternoons, and it’s been enjoyed by many through the years.
In fact, last year was Borderland’s most profitable year, even in the face of online competition like Amazon and Audiobooks, and other means of acquiring and reading books. That provides further confirmation just how many San Franciscans have enjoyed the quaint establishment. [Read mote at Viral Buzz]
In the end businesses that can’t afford the wage increase will close or move. If for some reason the business is able to stay the cost to consumers will rise. When labor costs rise product costs rise. Businesses never really pay tax or wage increases because those costs are passed on to consumers. If, as in the case of a bookstore where the price is fixed by the publisher, the cost can’t be passed on then the business will close or relocate.
This will happen all over and people will suffer. Fast food places will use more machines and fewer workers, other businesses will refuse to hire people that do not have training or experience and others will simply close or move.
In the end, government meddling will harm the people.
It is OK to liberals though. To them, the intentions were pure and that is all that matters…
Cave canem!
Never surrender, never submit.
Tags: cause and effect, economics, liberals, lies, minimum wage
Obama Consults With Mental Midgets From MSNBC
Dec 5, 2012 Political
The United States is in a financial crisis and the budget deal struck in 2010 is ready to rear its ugly head as the Bush era tax cuts expire and automatic budget cuts go into effect. While I think that it would be better to allow it to take place rather than give in to higher taxes and no cuts my opinion does not really count much in the process.
But, the opinion of Obama should count and he should be involved in the process. One would think he would seek out the council of people who actually know economics, like say Paul Ryan. Ryan has a degree in economics and is a good numbers person. Obama has not sought Ryan’s opinion. In fact, he has demonized Ryan and his plans.
So in between the golf games and the endless campaigning (hey Barry, you allegedly won so get to work) Obama has decided to avail himself to the process. If a deal is to be done (and I think he would be happy going over the so called fiscal cliff and blaming Republicans) then Obama wants it done soon because he and his family are going on a taxpayer funded 4 MILLION dollar vacation at the end of the year.
Obama has decided to get the opinions of some real budgetary heavy weights from MSNBC. Yes, Barack Obama had Al Sharpton, Rachael Maddow and Lawrence O’Donnell in the West Wing to discuss tax rates.
What do any of these mouthpieces of the Democrat Party know about any of this? What kind of objective opinion can they provide given that they are shills for Obama and have all espoused raising taxes on the people who pay most of the federal income taxes to begin with.
[note]Yes, everyone who earns income pays Social Security and Medicare taxes (which used to be called insurance and not taxes) but this is ostensibly paid for one’s own future. They are paying for their future retirement and medical care. The fact that government wastes the money has nothing to do with the reality that they are paying a small portion for their future. In fact, most will get more than they ever paid in thanks to higher earners who pay more.[/note]
I find it particularly strange that Sharpton is involved given that he has not paid his fair share. Big Al owes 3.7 MILLION dollars in taxes and penalties because he has not paid his fair share. He is all about screaming for others to pay but, like any liberal, he does not want to pay what he owes. Hell, Sharpton is more qualified to be Treasury Secretary than to give advice on tax rates (see Tax Cheat Tim Geithner).
Barack Obama does not have a clue. He should be working with his Democrats to provide meaningful discussion on the process. He should be looking for ways to cut spending while leaving tax rates alone unless he is in favor of LOWERING them. Lower rates will stimulate growth and spending and result in more revenue to the Treasury. If they don’t spend the additional money like they always do then we can use it to pay the bills and begin to retire the debt.
These are all items that can be discussed but in order to have any meaningful discussion the talks have to be with people who a) know what they are talking about and b) are actual involvement or influence in the process.
The Democrat operatives at MSNBC have no influence in the process and they certainly do not know what they are talking about.
The fact that Obama would insult Ryan and ignore his opinion and instead seek out O’Donnell, Sharpton and Maddow is just another demonstration of why Obama is the least qualified person to run this country (or anything for that matter). He is out of his league.
But at least by hanging with these hacks he can at least appear to be the brightest in the room…
Cave canem!
Never surrender, never submit.
Tags: Democrats, economics, lies, msnbc, Obama, paul ryan, tax cheats