Sunday, May 25, 2014
You Can't Do It By Law
There is a big push today (and yesterday, and before) to raise the minimum wage. You know, that wage that people with no skills get paid for doing “scut work” because they have no skills yet and aren’t worth a whole lot of money? That part of the employment factor is set aside for people ENTERING the work market to LEARN the skills they need to rise to higher salary levels. To pay them the wage reserved for people with skills is absurd. Liberals want to give them that wage NOW, before they learn enough skills to be WORTH that higher wage. What they don’t understand is that such people are mostly KIDS, mostly still living at home. But they PRETEND that such salaries go to mostly people with families and kids of their own, which is not true. Not even CLOSE. People who have no skills at that stage of their lives have only THEMSELVES to blame for it. People at the very beginning of their working life are just NOT WORTH high salaries and to have the government make a law to FORCE employers to pay them more, until they bring some SKILLS to the table, is idiocy of the highest sort. All it does is ELIMINATE such positions and create more unemployment in that skill category. What they preach SOUNDS good, but people with no skills aren’t WORTH high salaries. I doubt if liberal politicians will ever learn that. (Brookings Institute)
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