Minimum Wage - A Cute Vignette... - Granite Grok

Minimum Wage – A Cute Vignette…

The-world-economy-explained-with-two-cows-Part-5-Traditional-Capitalism

This comes to us from a post at FEE (The Foundation for Economic Education) that features Mike Rowe (of “Dirty Jobs” fame). It talks about the real damage caused by the minimum wage.

Related: More Damning Evidence: A Mandated Minimum Wage Hike Will Harm, Not Help

 

“There is a ladder of success that people climb,” he continued. “Some of those jobs that are out there for seven, eight, nine dollars an hour, in my view, they’re simply not intended to be careers. They’re not intended to be full-time jobs. They’re rungs on a ladder.”

“[Those jobs] are ways for people to get experience in the workforce doing a thing that might not necessarily pay you as much as you’d like, but nevertheless serves a real purpose,” Rowe added. “I worry that the path to a skilled trade can be compromised when you offer an artificially high wage for, I hate the expression, but an unskilled job.”

 

 

And this cute and clever video goes with it:

 

Would folks be willing to pitch into Bernie-Bro Bruce’s economic education? After all, while he bashes our current system, he never really explains how his Socialist outlook would work in a realistic fashion.

And I’m betting he has no real comeback for the facts outlined in this. He’ll just deflect, call us neoliberals, call us haters – because he can’t answer a straightforward question like “Whose money is it first”?

Anyways, it’s still a cute animated video.

 

 

>