Tuesday, August 29, 2023

The Meaningless, Destructive Minimum Wage

 

EEK!! - the real minimum wage paid to teenagers is now double the posted rate.  So the faux minimum wage becomes just silly.

understand that all minimum wage legistlation is a do nothing figleaf to properly operating a true labor market where it should mean a guaranteed job for everone.  And  usually meaning a daily shift of four hours sufficient to cover food and shelter and basics.  Is that so hard to imagine?

Instead the jerks are inducing inflation to disturb the labor market which can only be brief.

Understand if you take care of the BASE of the population properly, the rest must be doing just dandy.  Screw up the base, you set the stage for the reintroduction of chattle slavery.  As we have seen happen in the so called sex trade and the drug induced criminal community.


The Meaningless, Destructive Minimum Wage


by Jacob G. Hornberger

August 25, 2023

The New York Times has just published an article on the minimum wage that is a major embarrassment to liberals/progressives. Mind you, that was clearly not the Times’ intent, but that is certainly the effect of the article.

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