Minimum wage simplified for your liberal friends
Their are COUNTLESS arguments for and against the minimum wage (I checked). Forget all of them; liberals are immune to statistics and facts. Try this (I’ll make the numbers rough for the sake of simplicity).
Pizza at Pizza Hut: $5
Pizza at Olive Garden: $10
Pizza at Il Fornaio: $20
The party in power in Congress decides its unfair that Pizza Hut gets less per pizza than the other two restaurants, so they pass a bill that requires pizza be sold at a minimum price of $10 next year, and $20 the year after. Ask your liberal friend what will happen to Pizza Hut. Answer: short of changing their image to substantially more sophisticated, Pizza Hut will cease to exist.
Labor is no different than any consumer product. If someone wants to sell a pizza for $5, they should be allowed to. Raising the minimum price of pizza $10 makes it illegal to sell pizza for $5.
If the minimum wage is $5, you essentially make it illegal to sell labor for $4, or $3. Ask your liberal friend who gets hurt by making $3 labor legal, rich people or poor people. Are liberals saying there is no labor worth $3 per hour? Who decides what its worth? If flipping burgers is worth $5 per hour, might eating burgers and filling out a questionnaire be worth less than $5?
The minimum wage hurts poor people, period. Elevator operators tried to raise their wages above what their labor was worth. As a result, you had to figure out how to use that crazy contraption, and every last one of them lost their jobs. The less obvious consequence is all the people that could have started as elevator operators had to start somewhere else. Have you even experienced “full service” at a gas station? Doubtful.
The employment “singularity”
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Fast food restaurants are not only required to provide wages equal or greater than the federal minimum, but they also provide medical benefits, a 401k, everything a human could want. Electronics aren’t quite so picky. Let’s say it costs $20,000 for Burger King to employ someone at minimum wage, but a touch screen order system costs $25,000. Keep raising that minimum, liberals. The rich guys in Silicon Valley who develop touch screen technology thank you. Low wage earners aren’t as thankful.
(Here are some more in-depth analyses of the minimum wage)
Min wage increase result in unemployment increase
George Will: Minimum wage should be $0
FOR THE CHILDREN - Well, I’m not against children, so I must support this, no matter what it might be.
For those of you that have heard that Sarah Palin is a dumb country-bumpkin from the middle of nowhere, let me introduce you to Joe Biden.
A passage from Michelle Obama’s thesis: