Posted on 08/30/2013 4:04:22 PM PDT by Oldeconomybuyer
Labor Secretary Thomas Perez sees parallels between the 1963 March on Washington and the fast-food workers' strikes of this week.
The strikes are another sign of the need to raise the minimum wage for all workers, Perez said in an interview.
While he declined to address fast-food workers' demand to raise wages to $15 an hour, Perez said he is taking a lead role in President Barack Obama's push to boost the federal minimum wage from $7.25 to $9 an hour. Obama has called for the wage hike in several recent speeches on the economy, but Congress has not acted.
(Excerpt) Read more at latino.foxnews.com ...
Confirmed Communist Perez.
Yeah...that will create many jobs, and boast business, happy days are here again.
I’m sure there’s a chart that could correlate rising minimum wage with rising unemployment.
Economist Thomas Sowell On The Minimum Wage
Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government mandated minimum wage, because they either lose their jobs or fail to find jobs when they enter the labor force.
Racist! Bigoted! Homophobe!
Jack up the wages then jack up the prices, and real working money goes right back to where it was before they jacked it up.
Same old round robin. Nobody gets anything out of it.
Pretty F’in scary when the government starts telling private sector what they have to pay people.
0bama’s not happy with the number of illegals flooding into America. He’s looking to quadruple it.
....because 24% unemployment for 18-24 year olds is just too low!
I have posted it many times. These minimum wage fights are excellent opportunities to bring up the Democratic party’s role in the unemployment situation. They are quick to blame Bush even still but slow to recignize their own complicity. Each time they have raised the min wage since taking control of congress in 2006, the unemployment rate has increased and now here we are at 8.9% talking about doing it again.
Price fixing always creates shortages. Fixing it lower creates a shortage of supply. Fixing it higher creates a shortage of demand. In this case, fixing the price of labor (the minimum wage) higher creates a shortage of demand for that labor in the form of fewer jobs.
Perez makes Robert Reich look like Milton Friedman.
If you adjust for inflation, minimum wage is only 63% of what it was in 1974. Something to think about.
Last I heard, cabinet members don’t write legislation.
How much does the Labor Department pay its interns? Same as the White House?
So are a lots of other things.....strawman argument. ...
The House needs to pass a $20/hr min wage law and dare the Dems to move it forward.
IMO There are plenty of hills to die on, this ain’t it. Conservatives sound like Simon Legree lamenting a minimum wage increase. It is an issue to avoid...
While a federal minimum wage would reasonably apply to the federally controlled entities indicated in the Constitution’s Clause 17 of Section 8 of Article I (D.C., forts, dockyards, etc.), the states have never delegated to Congress, via the Constitution, the specific power to regulate minimum wage within a state’s borders imo.
In fact, as mentioned in related threads, the idea of a national minimum wage is arguably just a way for corrupt federal politicians to buy votes from low-information voters who are clueless about the federal government’s constitutionally limited powers.
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