To: reflecting
The small factory (fewer than ten employees) I work in now is the ONLY ONE of all our competitors in our market segment which makes our type of product here in America instead of in Asia. If this $2/hr minimum wage increase were enacted, then we would HAVE to raise our wages across the board by the same amount even though all of our employees currently make significantly more than the minimum wage (plus we have health insurance). Since our competitors costs (wages) will not be going up (because their employees are Chinese) they will drive us out of business within about a year and all of us will be out looking for new jobs. I'm happy with my current job and don't want to be out pounding pavement looking for a new one because some Keynesian economics worshiper with a wealth redistribution bug up his ass got his way.
35 posted on
07/28/2006 10:34:23 AM PDT by
spinestein
(Follow "The Bronze Rule")
To: spinestein
If your job is that rare is it not already on the soon to be extent list?I am not minimizing the impact this would have on you or your family....the fault is not with the wage laws but with the free trade policies....which threaten to beggar us all.
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