Is a radical increase in minimum wage a catalyst towards slavery
Posted by Dobrien 9 years, 1 month ago to Government
I feel the dependent on entitlements class , the unemployed will increase with wages set by govt.mandate versus supply vs demand. When dependent you become enslaved .
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Sep 9, 2015 - FAR-LEFT DEMOCRATS call themselves "progressives" these days, but they're actually reactionaries who favor the few against the many.
If the sentence had meaning it would work. If it doesn't work it has no meaning. You want to hire a faulty product - givent he recidivism rates? Fine. You hire them.
from the Daily Reckoning
It really is that simple. If you’re a marginal worker, you’re expendable. The business for which you work can perhaps justify paying you $6.55 per hour to sweep or wash dishes. When then forced to pay $7.25 per hour for the same services, the business just decides they can no longer afford to hire the sweeper or dishwasher. They make other arrangements to get the jobs done. Meanwhile, the former dishwasher is now out of a job thanks to the Federal Government raising the minimum wage.
From your link: But there is one policy that actually renders many unemployable and locks them in a permanent underclass: the minimum wage.
Sound Banking in the US was destroyed by the 1913 Fed reserve act. Also in 1910, Senator Nelson Aldrich, Frank Vanderlip of National City (today know as Citibank), Henry Davison of Morgan Bank, and Paul Warburg of the Kuhn, Loeb Investment House met secretly at Jeckyll Island to craft a plan that has been progressing(sic) ever since.
Or create there own service or business.
Released prisoners cannot get work, the minimum wage makes it tough to re-integrate into society and avoid going back to jail - a problem clearly shown in the figures.
The minimum wage locks them into a permanent underclass.
http://ipa.org.au/news/3482/the-minim...
You are correct. The formula is simple. Minimum wages go up by mandate. Retailers who use it cut back on employees or go out of business. This increases the unemployment rolls, thus making more people dependent on government for sustenance. And as you point out, dependence eventually leads to slavery. The left loves dependency because that becomes their constituency.
There is a certain type of person whose thought process goes like this: "Well, I tried to get a job but no one is hiring. That's not my fault, so I might just as well take advantage of the government freebies every way I can." Of course, if this person spent as much effort applying for jobs as applying for freebies, it would eliminate at least some problems.
How can we avoid that?
Recall Mama Obama ranting during the campaign that “some folks are going to have to give-up some of their pie so that others can have some?” Neither she nor the multitudes like her understand the basics of Economics 101. Our economy is not a zero-sum game.
When the day comes that I have to lay these people off, I will just tell them that the government did this to you. They probably voted for Hillary and Obama actually.
Wage and Price Controls don’t work. You and I can see it in everyday real life. Richard Nixon tried it and failed. The Pols that run the country can’t seem to see beyond the end of their noses. Actually, they know exactly what will happen but they’re so hell-bent to reward unions, they don’t care.
Why unions? Simple. If the minimum wage is increased, naturally the union wage must also be increased. Increasing the union wage rate keeps the membership in line and fattens the pockets of the union officials. In turn, it helps get the Pols re-elected. Talk about being hypocritical. The very Pols that caused the dollar to lose purchasing power due to government deficit spending now pretend to be so munificent as to help the poor earn a “living wage.”
It certainly would be a tough decision to make that change as I'm sure for a variety of reasons you would like to produce here.
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