P@triot
Diamond Member
As with everything else, the history of the Democrats policies is dark, racist, and the very definition of evil - including minimum wage:
So where did the concept originate from?
“Well, they very clearly had an idea to get rid of the lower classes – a sort of Eugenic way to get rid of people who are inferior,” Stu explained. “They would price them out of the labor market so they wouldn’t have jobs.”
Sidney Webb, English economist and co-Founder of the Fabian Society in the early 1900s, believed that establishing a minimum wage above the value of “the unemployables” as he called them, would lock them out of the market thus eliminating them as a class.
“Of all ways of dealing with these unfortunate parasites the most ruinous to the community is to allow them unrestrainedly to compete as wage earners,” Webb said.
That was actually a common sentiment in America at the time. in America shared this belief as well. Around the same time, a Princeton economist said this:
“It is much better to enact a minimum-wage law even if it deprives these unfortunates of work… better that the state should support the inefficient wholly and prevent the multiplication of the breed than subsidize incompetence and unthrift, enabling them to bring forth more of their kind.”
Who was that Princeton economist? Royal Meeker, U.S. Commissioner of Labor, under Woodrow Wilson.
DoesnÂ’t all make so much more sense now?
The real history behind the minimum wage (HINT: It involves progressives and eugenics)
So where did the concept originate from?
“Well, they very clearly had an idea to get rid of the lower classes – a sort of Eugenic way to get rid of people who are inferior,” Stu explained. “They would price them out of the labor market so they wouldn’t have jobs.”
Sidney Webb, English economist and co-Founder of the Fabian Society in the early 1900s, believed that establishing a minimum wage above the value of “the unemployables” as he called them, would lock them out of the market thus eliminating them as a class.
“Of all ways of dealing with these unfortunate parasites the most ruinous to the community is to allow them unrestrainedly to compete as wage earners,” Webb said.
That was actually a common sentiment in America at the time. in America shared this belief as well. Around the same time, a Princeton economist said this:
“It is much better to enact a minimum-wage law even if it deprives these unfortunates of work… better that the state should support the inefficient wholly and prevent the multiplication of the breed than subsidize incompetence and unthrift, enabling them to bring forth more of their kind.”
Who was that Princeton economist? Royal Meeker, U.S. Commissioner of Labor, under Woodrow Wilson.
DoesnÂ’t all make so much more sense now?
The real history behind the minimum wage (HINT: It involves progressives and eugenics)