Raising Minimum Wage Won"t Work to Fix The Obama Administration"s Problem With Socialism
If it were only that simple - raising minimum wage that is - but alas, it isn't, not even close.
You see, what we've done with our endless attempts to tweak the free market economy, and realize I am using that terminology very loosely, all we've done is engaged in manipulation, crony capitalism and socialist theory.
Now that things are not working optimal, we are moving to fix our unintended consequences.
Might I suggest that increasing the wage minimum will only make things worse - not only for society, consumers, businesses, investment class, but also for the very people who receive the increase - in fact, in the long run, they will be hurt most of all.
Seriously, let me help you think this through, because it's not Werner von Braun level science.
It's really basic Economics 101 - too bad they don't teach it in high school and college anymore - which somewhat explains why those making the lowest wage like the idea of a pay increase - and who wouldn't want to be on the receiving end of more money you think? On the front page of the New York Times on December 30, 2013 there was an article written by Jonathan Martin and Michael D.
Shear titled; "Democrats Turn to Minimum Wage as 2014 Strategy," but think about that for a second, this is all about populist propaganda and socialist politics.
Let me explain.
It is absolutely ridiculous for anyone to assume that raising wage minimums will help with the income divide or equality or even poverty for that matter.
You see, if you raise minimum wage people will have slightly more to spend temporarily - the wealthy people, investment class will have that money in less than 3-transactions or it will flow to foreign shores where everything is made.
Then the prices will go up due to supply and demand and all that increase in pay won't help because their dollars will buy less.
Why are Americans so stupid when it comes to economics? The socialists have corrupted common sense and reasoning through brainwashing.
So, if smarter people know this, why are they demanding we do so - raise the wage? Well, the wealthy are tired of being chastised as the 1%, the politicians want more votes, and no one wants class warfare - so this appeals to those looking for a solution - but beware it will be temporary at best and disastrous in the longer term.
Many business models cannot survive if they raise costs to the buyers or consumers, because there is a price at which no one is interested.
At a carwash that might be $22 and for a fast food burger it might be $8.
00 but whatever it is raising wages and health care costs runs many businesses up against that price point and if you cannot make a profit you cannot stay in business and thus, you are not providing any jobs are you? Indeed.
Please consider all this and think on it - seriously, don't wimp out - think about it.
You see, what we've done with our endless attempts to tweak the free market economy, and realize I am using that terminology very loosely, all we've done is engaged in manipulation, crony capitalism and socialist theory.
Now that things are not working optimal, we are moving to fix our unintended consequences.
Might I suggest that increasing the wage minimum will only make things worse - not only for society, consumers, businesses, investment class, but also for the very people who receive the increase - in fact, in the long run, they will be hurt most of all.
Seriously, let me help you think this through, because it's not Werner von Braun level science.
It's really basic Economics 101 - too bad they don't teach it in high school and college anymore - which somewhat explains why those making the lowest wage like the idea of a pay increase - and who wouldn't want to be on the receiving end of more money you think? On the front page of the New York Times on December 30, 2013 there was an article written by Jonathan Martin and Michael D.
Shear titled; "Democrats Turn to Minimum Wage as 2014 Strategy," but think about that for a second, this is all about populist propaganda and socialist politics.
Let me explain.
It is absolutely ridiculous for anyone to assume that raising wage minimums will help with the income divide or equality or even poverty for that matter.
You see, if you raise minimum wage people will have slightly more to spend temporarily - the wealthy people, investment class will have that money in less than 3-transactions or it will flow to foreign shores where everything is made.
Then the prices will go up due to supply and demand and all that increase in pay won't help because their dollars will buy less.
Why are Americans so stupid when it comes to economics? The socialists have corrupted common sense and reasoning through brainwashing.
So, if smarter people know this, why are they demanding we do so - raise the wage? Well, the wealthy are tired of being chastised as the 1%, the politicians want more votes, and no one wants class warfare - so this appeals to those looking for a solution - but beware it will be temporary at best and disastrous in the longer term.
Many business models cannot survive if they raise costs to the buyers or consumers, because there is a price at which no one is interested.
At a carwash that might be $22 and for a fast food burger it might be $8.
00 but whatever it is raising wages and health care costs runs many businesses up against that price point and if you cannot make a profit you cannot stay in business and thus, you are not providing any jobs are you? Indeed.
Please consider all this and think on it - seriously, don't wimp out - think about it.