Raising the minimum wage is like the adage of killing the goose that lays the golden eggs. Businesses provide jobs and wealth for people and putting onerous regulations on businesses is killing the goose that lays the golden eggs.
Jobs are not social programs!!!
I penned this for our friends at Free Dominion:
Connie wrote:
I don't believe in a minimum wage.
Connie is correct- in 1987, in a rare bit of sanity, the New York Times published and editorial titled
"The Correct Minimum Wage = 0"
I owned an operated retail and service businesses here for decades, so let me tell you a secret- I didn't pay my employees...
...my customers did. That is Y-O-U...
Same as they did all the taxes, and all the regulatory fees imposed by "the caring classes."
And there's a darker side to mandating any kind of an extra cost upon any business.
Most have what I call marginal employees- they are worth paying a little, but not paying much more... Worth $5.00 an hour? Maybe, because they do show up and go away when you want them to.
Worth $10.00 an hour? Better to let them go, and give the savings to the better people. They'll be grateful.
Link:
http://www.freedominion.ca/phpBB2/viewtopic.php?p=832890&highlight=#832890
Well, there is always the whole Constitution thing....
Where is the grammar Nazi when you need him.
Business does not exist to provide workers with jobs, or health care benefits or paid vacations, etc., etc., etc. Business exists to provide goods and services to consumers and industry at a fair price and make a profit. Minimum wage laws interfere with employers and employees ability to honestly and contractually agree to compensation for services rendered.
An employee has skills and abilities that he markets to employers. Any compensation he receives for those skills belongs to him and him alone. No one has the right to demand that employees are entitled to an arbitrary compensation for those skills. It should be left to the employer and employee to negotiate that between themselves.
Ignoring for a moment the constitutional issues, do you think there would be more: