See BS was spewing the party propaganda this morning with a story that started with Henry Ford and his per day wage rate. They “morphed” that into a story about how “most people” wanted to increase the minimum wage. These people were part of a non identified poll that opined that 65% agreed with raising the minimum wage.
Then they spewed how enlightened states like WA had already raised their minimum wage.
They closed with telling how Henry Ford only paid $5 per day to make his cars. They left out that idiot Obama and his democRAT party have wrecked the economy since 2007 when they took congress and senate and started the free money lending scam.
And whom does the increase in the minimum wage hurt more than anybody? The person who is already ABOVE the current and even the proposed minimum, in that job security is now threatened, by making the bottom so much closer than it was. The pool of cash the employer has to distribute to the individuals on the payroll is not infinite, and the size has to be based on the overall efficiency of the business. The only way a higher minimum wage may be actually paid, is to TAKE the probable pay increases that may have gone to the more productive worker, already above the minimum, and use that potential increase to cover the added cost of paying the minimum wage to the least productive workers, who, in a rational business climate, would have been discharged. Therefore, either the new worker is NOT hired, at what would be the minimum wage, or the existing worker who is simply supposed to get the new minimum wage, is discharged, as being a net loss for the employer, unable to provide sufficient production to justify keeping the position on the organizational chart, so the position is abolished, a further shrinkage of the work force.
“Minimum wage” should be an unpaid internship, until the individual worker has developed the skills necessary to actually provide value added to the employer. Unions came into existence when the principle of learning the job before getting paid more than a pittance was abandoned in the name of “social justice”, a “living wage”, and class warfare became the normal state of things.
Henry Ford kept the unions out of his plants for years by paying his workers just a little more than the unions were demanding from GM, or Studebaker, or Nash-Kelvinator, or Hudson, or Dodge, or Packard, and by discharging immediately any agitators who were trying to organize a union on the premises.
Henry Ford was not paying a “minimum” wage, he was paying a wage based entirely on productivity, a sound business proposition on his part.
Heh. I'll bet they didn't waste any time explaining how the Federal Reserve has made a $5/day wage into something that won't buy a pound of hamburger.