Why a $15 Minimum Wage Will Kill Small Businesses ‘For The Good of The People’

“The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” – Thomas Sowell My Facebook timeline regularly lights up with Bernie Sanders memes, many of which are positive in their depiction of the Socialist Senator. But what few people understand is that there is no free lunch. Money doesn’t come from the earth or the sky, it comes from work. I know most Democrats Read more […]

Seattle’s Minimum Wage Cost City 1,000 Restaurant Jobs in One Month

What was it that we kept saying would happen if we were to enact a high minimum wage? Prices would necessarily rise, business would go down as a result, and people would lose their jobs. We can look at Seattle as sort of a test case of what happens when the government decides that private businesses have to pay a certain amount to their employees. When the government gets involved in wage controls, bad things happen. And it was all predictable. In June of last year, the city of Seattle decided Read more […]

Bernie Sanders Campaigns on $15/Hour Minimum Wage; Pays His Interns $12/Hour

Bernie Sanders wants to raise the federal minimum wage to $15 an hour, but he sees fit to pay his interns only $12 an hour. You might say, “$15, $12, what’s the difference?” Well, $3 to be exact. In a press release, Sanders stated: “It is a national disgrace that millions of full-time workers are living in poverty and millions more are forced to work two or three jobs just to pay their bills,” Sanders said at the outdoor rally near the Capitol. “In the year 2015, a job must lift workers Read more […]

$15 Minimum Wage Group Wants to Pay Employees $12.25

In their defense, they said they’d start out paying $12.25, and after 90 days, they’d raise the pay to $15. But still. You’ve got to admit this is a little ironic. A group that’s affiliated with one of the largest unions in the country (AFL-CIO), who campaigns for a $15-per-hour minimum wage, needs to hire someone, and they’re paying only $12.25 an hour. The job posting was a Facebook advertisement and was seen by Cody McLaughlin who happens to work at a Portland PR firm. He responded Read more […]

What Will Robots Do to the Minimum Wage?

There have been many arguments about raising the minimum wage in the US. While I think fixing our monetary policy would probably do more for low-income workers, it seems there’s one factor in this debate that hasn’t been much discussed: robots. The fact is that robotics have almost gotten to the point where machines can do most minimum wage jobs. Flipping burgers, taking orders, cleaning, organizing merchandise, data entry, and so many more minimum wage jobs are just barely out of the reach Read more […]

College Students Demand $50 an Hour Minimum Wage

In less than an hour, Dan Joseph with MRC-TV was able to garner 21 signatures from students for his pretend petition to raise the minimum wage to $50 an hour. A few refused, but 21 in less than an hour is pretty extraordinary. These were students on the campus of George Mason University, a school known for its prestigious economics program. You’d think that an economics major would see the problem with having the government mandate that businesses pay their employees a minimum of $50 an hour. Read more […]

The Kind of Minimum Wage Hike I Can Really Get Behind

Conservatives get so tired of the civil government forcibly redistributing our wealth, sometimes we forget that voluntary redistribution of wealth is not just allowable, but commendable. Regardless of his political convictions, I applaud the active generosity of Dan Price, the CEO of credit card processor Gravity Payments. He has taken the minimum wage issue into his own hands by promising $70k a year minimum salary to every one of his employees. His idea bubbled into reality on Monday afternoon, Read more […]

Local San Francisco Bookstore Dies of Minimum Wage Hikes

We’ve said it over and over again. Minimum wage hikes will not do a thing to help anyone. They result in either higher prices or layoffs, but they hurt small, local businesses the most. It seems the first casualty confirming our fears has been tallied in über-liberal San Francisco. Borderlands Bookstore will be closing its doors, thanks to the minimum wage increase: In November, San Francisco voters overwhelmingly passed a measure that will increase the minimum wage within the city to $15 per Read more […]

Blockbuster Study as Minimum Wage Goes Up so does Unemployment!

Is it mean to say ‘we told you so’? Ok. Well, I don’t really care about not being mean so… ‘we told you so’! A recent study shows that as minimum wage goes up employment drops. Which would mean that instead of helping people artificially raising the minimum wage is actually hurting poor people – just like conservatives have been saying for years.    The National Bureau of Economic Research (NBER) released a study Monday showing employment for low-skilled workers falls as the Read more […]

Liberal University Won’t Comply With Minimum Wage Hike Because of “Budget Constraints”

A liberal university is now proving the conservative case against minimum wage law. UC Berkeley says it can’t comply with a local ordinance that raises the minimum wage to $10 an hour because of “budget constraints.” It’s funny, because that’s exactly what conservatives have been saying all along as a reason against government wage controls. While giant corporations can afford the wage increases, many small businesses can’t comply with such stringent government mandates and controls, Read more […]

Liberal Group Lobbies for $20/Hr. Minimum Wage; Pays Their Employees $13/Hr.

There’s a liberal group called the Freedom Socialist Party that’s been pushing Congress to raise the minimum wage to $20/hour while compensating their own workers only $13/hour. Okay, maybe they’re a socialist group. Liberal, socialist…what’s the difference? How Orwellian of them to use the words “freedom” and “socialist” (two antithetical ideas) in the same group name. Here’s The Blaze: “Raise the minimum wage to $20 an hour,” the party’s official 2012 platform advocates. Read more […]

Why is the Middle Class Evaporating?

If you listen to leftists and big-government stooges, the middle class is evaporating because of low minimum wage, greedy corporations, and tax-breaks for the rich. Which would indicate that, in order to grow the middle class, the civil government needs to get more involved. No one argues with the fact that the middle class drives economic growth, and is therefore a crucial component of economic recovery, but what is the real problem here? I think it can be boiled down to a few things: Crony Read more […]