MicroGroks
Prof. Don Boudreaux brings up an EXCELLENT idea / point about the miserable outcomes that may well come from really bad policies – can we hold Bernie (the socialist with three houses and millions made from his best selling books?) personally accountable? Reformatted, emphasis mine: Sen. Bernie Sanders (I-VT) wants to punitively tax certain firms …
It is clear that the advocates of any arbitrary minimum wage hike believe that if you have a job, any job, you should automatically be able to support yourself and be installed into the Middle Class. They focus on the wage and do the “it’s not important” about whether someone’s skill set is up to …
“The minimum-wage law has imposed incalculable harm on the most disadvantaged members of our society. The absence of work opportunities for many black youngsters does not only mean an absence of pocket money.”
“Socialism is a great idea. That doesn’t mean that it is a great reality (16:09)” – And The evidence doesn’t match up to the ideology.
The minimum wage law is very cleverly misnamed. The real minimum wage is zero – and that is what many inexperienced and low-skilled people receive as a result of legislation that makes it illegal to pay them what they are currently worth to an employer.
The Progressive bid to push the Federal Minimum Wage to fifteen dollars per hour hit a wall in the US Senate. The measure died 58-42 with the help of a handful of Democrats, including New Hampshire’s Jeanne Shaheen and Maggie Hassan.
If US House Rep Ro Khanna’s attitude was around when TMEW and I ran our daycare center, he would have shut us down in a heartbeat. Without a care in the world for what had gone into saving an almost failed business at the time, we bought it. But here he is.
If you have no job, you have no wages. When that is the case you are getting the minimum wage. ZERO dollars per hour. Biden has a plan to raise the federal minimum wage to $15. If we go there it will kill over a million jobs according to the CBO. Do you trust your …
The Congressional Budget Office, which can only tell you things based on what they are given, says a 15.00 national minimum wage will cost 1.4 million jobs. Sorry, it’ll cost a lot more than that. And that reaping is already underway.
The City of Long Beach, California, has elected to be a laboratory for political intrusion by Left-Wing ‘experts.’ The city passed a four-dollar an hour wage hike labeled “Hero Pay.” The added cost is forcing Kroeger to close two locations in the city.
