More lefties learn the glory of the 15 dollar minimum wage....unemployment.....

"In truth, there is only one way to regard a minimum wage law: it is compulsory unemployment, period. The law says: it is illegal, and therefore criminal, for anyone to hire anyone else below the level of X dollars an hour. This means, plainly and simply, that a large number of free and voluntary wage contracts are now outlawed and hence that there will be a large amount of unemployment. Remember that the minimum wage law provides no jobs; it only outlaws them; and outlawed jobs are the inevitable result."

" Too often, we give the benefit of the doubt to folks who support a higher minimum wage. We shouldn't. There are only two reasons someone would support so bad an idea: either they don't realize the economic harm it causes, or they want the harm."

They know what they're doing; they want to do the harm.
 
Damned if I know how you arrived there.
I've repeatedly said that being poor should be uncomfortable and that hunger is a great motivator. What part of that implies larger government?

The reality of our country. If people aren't making enough money the government helps them, that is simply the reality. If you want smaller government then employers need to pay enough that employees aren't on welfare. If you want people making very little then that leads to bigger government.

What an amazing example of circular logic.

It's the truth. Low wages just increase government dependence.
Your statement is correct but there's more to it. If you raise the minimum wage, to 10.00/hr, according to the CBO, there will be job loss of 500,000 jobs, however 900,000 people will still be pushed above the poverty level and will see either the loss of all or a partial loss of government support.

That 500,000 is highly disputed. Most do believe there would be any significant job loss if any.
That's true. The private sector is creating over 2.5 million new jobs a year, half of them low income. Our economy should have no problem absorbing most of those that might loose there job.
 
If a business is unable to pay decent wages, than damit go out of business...who the hell cares...we have walmart!!
 
If minimum wage is economically and morally valid....
meme-minimum.png


Why propose half-measures for social/economic justice?
 

Forum List

Back
Top