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To: Kaslin

Democratic politicians make such a huge deal about the minimum wage not because of the poor or trying to help somebody. Minimum wage clauses are built (probably) in every union contract. When the minimum wage goes up, the union wage scale goes up too. Haven’t you noticed that every time there’s a minimum wage boost that there’s also a jump in real inflation? Wages go up, more money is chasing the same amount of goods, and goods become relatively scarcer; the price goes up.


3 posted on 06/01/2011 5:12:32 AM PDT by Gen.Blather
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To: Gen.Blather
The Law of Supply and Demand is a natural law, like gravity. Every time someone thinks they can violate it, or pass a restraining order against it, reality kicks in at some point. The usual case is exemplified by Nixon's freezing of gas prices, which only served to aggravate the shortage of gasoline throughout the country. Suppliers simply refused to sell the product at a loss. Just like farmers poured milk out on the ground (1950’s? 1960’s?) rather than accept artificially low prices. I remember the TV film footage, but not the year. Freezing health costs would have the same effect, unless health care providers are forced to work overtime - in which case there would be job slow down actions. Unofficial, of course, but effective nevertheless.

The real purpose for increasing the minimum wage is to allow union negotiators more leverage by pointing out that their members are far more qualified than mere minimum wage people.

4 posted on 06/01/2011 5:24:30 AM PDT by Pecos (Constitutionalist. Liberty and Honor will not die on my watch.)
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To: Gen.Blather

In other words, minimum wage increases are just a way of increasing the output of the

DEMOCRAT PARTY’S MONEY LAUNDERING SYSTEM.


7 posted on 06/01/2011 5:37:57 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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