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To: USALiberty

The last time they raised the minimum wage in our area (this would be during the Bush years) even the lowest jobs paid more than minimum wage. Which, for anyone paying attention, meant that no minimum wage law was necessary, when demand for labor is strong, wages rise quite naturally on their own.

So what did they do? They screamed, and raised the minimum wage to about what they were paying anyway. Can’t afford to let people think they can survive without government intervention.

Am I paid too much? I don’t know, I’m paid what someone is willing to pay to get me. And everything I make goes right out the door paying for goods and services that other working people provide, so the more I make the more people make their living off of me.

The worst thing you can do is have someone appointed to decide what people should earn. If you make “too much”, in short order you find yourself out of work and your next job pays less. Or you find that raises are hard to come by until the rest of the economy eventually catches up. It all has a way of working itself out.


4 posted on 09/09/2010 4:30:26 PM PDT by marron
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To: marron
The worst thing you can do is have someone appointed to decide what people should earn.

TRUE. And that is why, when the GOP regains control, we need to pass emergency legislation cancelling ALL union contracts and repealing all minimum wage laws.
6 posted on 09/09/2010 4:34:20 PM PDT by USALiberty
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