Saturday, July 25, 2009
Job-Killing Law
The new “minimum wage law” will NOT cause $120 a month increase in disposable income, as the government tells you. It will cause many people who DO hold minimum-wage jobs to lose them because their employers just can’t afford to pay them more than they’re worth. “Secretary of Labor Hilda Solis told the USA Today that the federally mandated raise to $7.25 per hour will create “extra disposable income [that] comes to about $120 a month.” Solis expects “workers to spend much of that cash in their local communities.” What nonsense. Where does Solis think this “extra” $120 a month comes from? Does she think it falls from the skies or grows on trees? Here in the real world, when governments force firms to pay some workers more money, it has to come from somewhere. And that somewhere usually is lost jobs and lost opportunity for low-skilled workers.” (Heritage Foundation) “Minimum wage laws” are a basic scam used by all liberals, and ALWAYS cause a reduction in the number of those without skills, and thus doomed to minimum-wage jobs. This is not “my opinion.” It is a “fact of life” the liberals (Democrats) don’t understand. (Just common sense)
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