The liberals are at it again, claiming one thing (minimum wage), and doing another (job loss); and now they are after entry level jobs!

in #informationwar5 years ago

Okay, a little logic here; if we raise the minimum wage to $15 per hour, a lot of entry jobs will disappear. Small businesses will automate, and those job, once automated; are gone forever. $600 per week will pay for a lot of automation.

Image from article:
https://dailycaller.com/2019/03/06/minimum-wage-increase-economists/
stupid bernie.jpg

Analysis from economists on minimum wage:
https://dailycaller.com/2019/03/06/minimum-wage-increase-economists/

Of the respondents, 74 percent opposed raising the minimum wage to $15 an hour. Eighty-four percent said raising the minimum wage would negatively impact young people in or searching for jobs.

All this will do is to increase the rate of inflation, where the new wage will buy about the same as their previous wage used to buy. Ironically, the only difference is that it will look better on he 1040 form, and increase government income. Net result is that those so helped will end up with less buying power; and the only ones to gain will be the government.

Just 6 percent of respondents touted raising the minimum wage as an effective way of helping people in poverty. Roughly two-thirds of economists said an effective minimum wage is $10 an hour or less. Thirty-nine percent said the minimum wage should remain at $7.25 or be lowered.

Raising the minimum wage does NOT help the disadvantaged; it only takes their jobs!

The other thing is an observation, a minimum wage job was NEVER intended to be a job that a person used for a primary long term income. It is, by definition, an entry level job for the unskilled; to get experience. This accumulated experience allows the employee to get a better paying job.

IF you want more than a Minimum wage, get more than a minimum experience level; so you have a skill to SELL!

This issue from the small business perspective:
https://dailycaller.com/2019/01/16/small-business-owners-concerns-minimum-wage-hike/

“Right now we are in an economy that is thriving,” Job Creators Network President and CEO Alfredo Ortiz told reporters Wednesday. “We have grave concerns about the impact that this is going to have on small business overall.”

To me this looks much simpler, the liberals are trying to poison the well, to rob President Trump of a booming economy, before 2020! So they do Not give a damn for minimum wage people, they only want to screw the economy; to attack President Trump!

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Yeah....sounds about right!!! Gesh!

Anything to damage the Republic! They really hate President Trump. They will do anything they can think of to hurt him too.

They know that their minions in the MSM will cover for them, and blame everything on President Trump!

>:(

I don't understand how the minimum wage argument even exists. Anyone who has taken Econ 101 knows the problems that accompany price floors and ceilings.

You are assuming brain activity in Ccongress. IMHO, there is None!

They want the economy to tank, so they can blame President Trump leading into the elections. So a few serfs starve to death....

:)>

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This is intended to destroy our economy, and finish off our Republic, once and for all!

:)>

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