BUT THIS STUDY DOESNT FIT THE NARRATIVE. With careful statistical controls, this one proves that minimum wage laws DO cause massive unemployment among the very people they are supposed to help. Simple logic tells you why. Note that minimum wage laws do NOT say: An employer MUST hire you AND pay you X dollars. Instead, minimum wage laws say, in effect: It is ILLEGAL for you to hold a job UNLESS some employer is willing to hire you for A MINIMUM of X dollars per hour. In other words, if an employer doesnt think you are WORTH the minimum of X dollars per hour, you will remain jobless. And that is exactly what this study shows...to the level of 1.4 million unemployed. But will liberals change their minds? Will they stop trying to repeal the natural laws of supply and demand by their subjective commandments? Hell, no. Real-world harm to real people dont matter. This is all about THEM, the liberals -- and passing laws are mere symbolic declarations of their moral commitments and credentials, to make them feel self-righteous. So by all means, lets pass a law ordering Walmart to raise wages to...what? $15 per hour? $25? Why not $100? Ask yourself what YOU would do as an employer, in response. Youd hire fewer people. Youd cut back full-time workers to part-time. Youd install robots and automation to replace workers. Youd export jobs by contracting with cheaper foreign labor -- or move entire facilities offshore. And if you are a small business -- a beauty salon, a family restaurant, a pizza joint, an auto repair shop -- you might even go out of business, because a big corporation might be able to absorb higher labor costs that you cant. But any way you slice it, raising the minimum wage is a job killer. Because, math. And liberals DO NOT CARE. Because, Narrative. breitbart/Big-Government/2014/12/11/Minimum-Wage-Cost-Americans-1-4-Million-US-Jobs-Study-Finds
Posted on: Thu, 11 Dec 2014 15:44:19 +0000
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