As we go into the fall, the GOP will be talking a lot about LOW TAXES and that is good. But real conservatives know that is only half the story. If we don't also find ways to drive down WAGES and BENEITS, we'll never grow the economy.
GET THE GOVERNMENT OUT OF THE WAY and LET WAGES ADJUST!
some wages are too high and some might be too low for all we know
We likely could reverse course back to prosperity and employment if we just got rid of 80% of government employees, starting with the union ones.
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.
Correcting Mr. Hasshat's grammar and punctuation.
Maybe. Getting rid of the minimum wage would solve that problem.
“Bammy’s really reachin’ for it now...
economic inertia will shake out all non politically connected wage disparities over time. the decline in tax revenue will adjust the connected workers economic wage/benefit imbalance once everything else collapses.
Government needs to stay the hell out of wages all together.
This is wrong, grossly misleading, and politically costly.
The cost of labor is too high, but not because of paycheck. It is the benefits portion that went sky-high after the health-care reform.
The enemy of prosperity are politicians that created the current housing crisis and current unemployment. The author misleads us into thinking that the problem stems from the workplace. It does not. We have enough of socialist propaganda pointing to CEOs and "capitalists." The problem is socialist politicians in the WH and Congress.