How The Private Sector Pays For Obama's Idea of "Honest Wages" - Granite Grok

How The Private Sector Pays For Obama’s Idea of “Honest Wages”

Culled from Jonah Goldberg’s Column c/o the New York Post

National Review’s Andrew Johnson noted that Zingerman’s is pretty expensive. That small Reuben cost $13.99 — pickle included. The large goes for nearly $17. The irony might have been lost on Obama that Zingerman’s “honest wages” also lead to high prices.

The alternative to pricing customers out of the market for your goods and services is to pay for that inflated cost of labor with fewer employees, fewer hours, or less benefits.  You cannot make things cost more in a vacuum.

The beauty for Democrats in the vacuum party,  who are pushing for a higher minimum wage as a cure for their own guilt or as an offset for some anticipated future political misfortune, is that they will never have to decide whether to charge customers more or to cut staff or hours.  Employees, business owners, and customers will make those decisions and suffer for them while progressives living on a dishonest wage–at the expense of the work of others–defend their lie to our collective economic ruin.

The real REAL irony?  If everything costs more because government forces an increase in wages any benefit of that increase is erased…along with jobs and hours worked.  It’s a net loss all around.

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