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To: Quilla; All
"Americans are working harder than ever, but millions of hardworking men and women across the country aren't getting their fair share," Kennedy said . . .

Why is it that these liberals just don't understand basic ecomonics? Forcing an increase in the minimum wage is not providing a "fair share" for people working in entry level jobs. When the minimum wage is increased employers have to either raise prices or cut jobs to afford the forced increases. If they raise prices, then all consumers have to pay out more - leaving them with less discresionary income. This includes those who just received the wage increase. So, the prices of goods and services still remain out of their economic reach and they actually lose ground as a result. People living on higher wages also lose out - so everyone suffers. Maybe that's what the dims regard as "fair". Then there is the issue of lost jobs resulting from forced increases in the minimum wage. So, the dims want these entry level employees to become unemployed and not have any income to live off of. Yeah, they're the party of the "little guy" alright. Now, let's take Quilla's 15 employees. If they are all at $6.00 an hour, the increase goes like this = 15 X $1.25 increase X 8 hours per day = $150 per day increased wage costs for this one employer. If they are paid for 52 weeks out of the year, then the increase in wages Quilla has to pay out is $150 per day X 5 days per week X 52 weeks = $39,000 per year just in wage increases. Unless Quilla increases his prices, he will have to pay out the equivalent of an additional 3.125 employee wages per year, or he will have to cut two jobs at least to keep competitive. Yeah, the dims have a great solution there, don't they? Why doesn't the entry level employee take the initiative to go get additional education/training so that they can obtain a higher paying position? That's what most of the rest of us do in life. I'd even be willing to consider programs aimed at increasing the work force skills so that people have the option of moving into better paying jobs. But an arbitrary increase in the minimum wage is idiotic at best. Why do people vote dims into office when we know that all they wish to do is decrease options for all of us.

38 posted on 11/16/2006 11:30:13 AM PST by SoldierDad (Proud Father of a 10th Mountain Division 2nd BCT Soldier Home on Leave)
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To: SoldierDad

This is not about basic economics. It's about the "nanny state". They'll take care of us from womb to tomb! Isn't it great to know that you have nothing to worry about for the rest of your life!? (sarc)


45 posted on 11/16/2006 11:35:53 AM PST by albie
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To: SoldierDad
Who would want to work for minimum wage? Just end it and people would work for what they feel their worth is.

Everyone that thinks they are worth $7.25 now are free to work for that, or more, or less.

Since there is no slavery now, nobody is forced to work for any amount.

For "minimum wage" to have any justification people would have to be forced to accept that or nothing. Most people make far and away more so that argument holds no water.
70 posted on 11/16/2006 11:53:04 AM PST by Beagle8U (Angry voters tend to make poor choices politically.....Unfortunately we all have to live with them.)
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