Posted on 09/16/2017 9:33:46 PM PDT by 2ndDivisionVet
Oh, here we go with the minimum wage stuff again. And more proof that the $15/hour initiative really isn’t the end of the road. Frankly, Republicans should ask in response to these Democratic minimum wage proposals why can’t it be $40/hour or $100/hour? We all know that the $15/hour goal is a ruse and for Montigue Magruder, who is running for Virginia House of Delegates, he wants a $26.80 minimum wage (via Brandon Morse):
(VIDEO-AT-LINK)
He also wants to jack up the minimum wage to $26.80, a height that even Bernie Sanders hadn’t the stones to suggest to his followers. Magruder was recently shown on video at a campaign rally promoting his proposed skyrocketing of the minimum wage to cheers from the crowd.
“And I want everybody to take the time, after you leave here, take the time to research on all your candidates, wherever you live. Wherever you live, you got to find out who’s running for office and who’s running in your area. Who’s supporting raising the minimum wage,” said Magruder. “I, for example, support raising the minimum wage to 26 dollars and 80 cents per hour. Because we all know this ladies and gentleman, 15 dollars an hour is just a start, it’s not enough, especially here in Richmond.”
On his site, Magruder points out on his official site that such an increase could hurt small businesses, and thus wishes only to apply this minimum wage law to businesses making more than $2 million in profit.
Oh, yeah—that’s a nice caveat. We’ve seen this in Seattle, New York, and in Maryland—proposals to hike the minimum wage are good for filling political war chests, but terrible public policy. It hurts workers; it cuts their hours, and adds more overhead costs to businesses. In Seattle, even USA Today cited the University of Washington study that pretty much said it screwed over city workers, naming the three things above as detrimental factors of the phased in minimum wage hike that was passed in 2014. The paper’s position was quite clear on this stuff: tread carefully because look at what it’s done in Seattle. In New York, 1,000 restaurants decided to close their doors after Albany caught the minimum wage fever. That’s fewer job opportunities for low-skill workers. In Maryland, Montgomery County risks losing 47,000 jobs by 2022 if they decide to hike the minimum wage.
So, yeah—I’m sure a wage that nears $30/hour will do wonders for the economy—golly.
Nothing wrong with that. Why not $5,000? Here is what the NY Slime said a while back: The Right Minimum Wage: $0.00
http://www.nytimes.com/1987/01/14/opinion/the-right-minimum-wage-0.00.html
For a state that is not in the tropics or even the subtropics, we sure have a lovely bunch of cocoNUTS.
How much money already goes to people who don’t work at all?
The portrait of a Rhodes Scholar.
Yeah, and watch how those profits over $2 million suddenly "vaporize"
Townhall has gotten all uppity about adblockers. Let ‘em fall on the ash heap with the Soviets.
“The minimum wage must be one billion dollars an hour—or I will shoot this white dude.”
Robert Mugabe
That’s races!!! :O
Just another retarded gibsmedat.
The government does not have the right to set a minimum or maximum hourly rate. End of discussion.
There are many nitwits in politics. Unfortunately, there are many pinheads who will vote for them and idiotic positions. What pathetic loons.
$26.79, and not a penny more!
You have to draw the line somewhere.
The only ones that benefit from high minimum wage rates, are the neighboring states. If the neighboring states support that kind of insanity too, then, there will be plenty of red states willing to accept the new businesses moving in.
If anybody in between is concerned with minimum wage - they need to look in the mirror and see the problem.
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