Forcing companies to pay more always equals job losses
Posted by freedomforall 11 years, 9 months ago to Business
Excerpt:
After you heard President Barack Obama's call for a hike in the minimum wage, you probably wondered the same thing I did: Was Obama sent from the future by Skynet to prepare humanity for its ultimate dominion by robots?
But just in case the question didn't occur to you, let me explain. On Tuesday, the day before Obama called for an increase in the minimum wage, the restaurant chain Applebee's announced that it will install iPad-like tablets at every table. Chili's already made this move earlier this year.
You'll be able to place your order and pay your check at the same time.
After you heard President Barack Obama's call for a hike in the minimum wage, you probably wondered the same thing I did: Was Obama sent from the future by Skynet to prepare humanity for its ultimate dominion by robots?
But just in case the question didn't occur to you, let me explain. On Tuesday, the day before Obama called for an increase in the minimum wage, the restaurant chain Applebee's announced that it will install iPad-like tablets at every table. Chili's already made this move earlier this year.
You'll be able to place your order and pay your check at the same time.
The market evens itself out. The reason politicians think they can fix it is timing. Were they to raise wages to deal with the cost of living, they would ensure that we saw two or three interviews with people who were overjoyed that they could now afford to live in Beverly Hills. Then the masses would be distracted by the shiny object of the week before they could see any of the negative effects.
Does the left understand cause and effect? There are two possible answers to this question; the first is that they don't look at the consequences of their actions or they are doing it on purpose to hasten the destruction of America or maybe they are just too stupid!!!! OK, three...
According to most political books, around 10% of Democrats are highly educated whereas the other 90% are the lowest educated in America and most every Republican is middle class usually with some sort of skill and higher education.
I think every American should watch "Atlas Shrugged" because then everyone would hopefully understand what "Fairness policies" do this country no good.
Waiting for Directive 10-289 to go into effect.