C. Edmund Wright
So today the minimum wage goes up by government mandate. What a time for celebration, right? What wonderful compassion is being show by our government, right?
We have no idea whether any workers will actually make more money as a result. But consider what is really happening today that we know for sure:
A: Small business owners just took a pay cut.
B: Some hourly workers will get less hours.
C: Some hourly workers will get laid off.
D: Some union contracts just got raised.
E: None of the businesses affected will have one more penny in sales volume as a result.
F: There has still never been a sighting of the mythical "family of four trying to make it on one minimum wage income."
G: If such a family were sighted, they still could not make it on one minimum wage income.
Isn't government intervention into the economy fantastic?
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
The minimum wage achieves nothing else, raises costs for everyone to compensate, and doesn't encourage personal initiative. Freeze it where it currently is, gradually phase it out over ten years, and then never raise it again . The MW was a stupid idea in it's conception, and does vastly more harm than good.
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Kevin Haendiges
NAHC Life Member
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