All political power is inherent in the people, and governments derive their just powers from the consent of the governed, and are established to protect and maintain individual rights.

Thursday, March 6, 2014

$15/hour minimum wage?

Washington State Governor Jay Inslee has declared Washington State needs to have a higher minimum wage.  If the worst tradition of "liberalism" Inslee is spending someone else money, but now Inslee is too cowardly to tax it first. 

A minimum wage supposes no dignity of working -- under the minimum wage system, people don't get a wage, they are assigned a scale. 

Government forces upon them the idea that the wage earner is inferior to the employer, that only Big Brother government can make the mean ol' employer pay the wage -- premised upon the idea the worker is too weak to stand on his own hind legs. 

The government supposes the worker is a weakling, and must be protected and coddled and controlled, never to live life as a free citizen, but only to exist until it is convenient for the government autocrats to allow the worker to perish.  No free worker should believe this kind of patronizing.

The economic impact is the minimum wage has always caused a reduction in labor hours, i.e. total employment drops. 

Think about it:  If something goes up in cost, do you 1) buy more of it because you are stupid and loaded with money?  or 2) you buy less of the thing because you are not loaded with money and are watching your expenses too.  

If the $15 hour wage is adopted we will see more automation and less unskilled labor used in the market.  Another impact is new workers in the market, i.e. the young, will get frozen out.

The second result is more severe:  The actual use of labor may drop significantly because the hourly price is set too high.  If $15 is good, why isn't $35 better?  Why not make the minimum wage $35 per hour?

Obviously, government authorities will have to set the amount exactly right, or the economy goes stupid. 

The authoritarian autocrats will never confess that they are bad managers of the economy.  The authoritarian leftist will say something must be wrong with the workers, or the employers are too greedy, or anything except take responsibility.

The whole productive system can grind to a halt and jobs get sent overseas.  Some Authoritarian-Democrats will complain that America is a consumption based economy.  That is stupid.  Production has to equal (or exceed) consumption, otherwise there is a shortage.

Every time the people get fooled into demanding the government do something for them, the people have suffered.  Power always takes more than it gives

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Get the power back, workers.

Negotiate your own wage between you and your employer. Once in history, this was done by the local union, but even that doesn't exist anymore. 

Too many greedy authoritarians have seen the money they could get by pretending to be the protector of the people.  All they are looking out for is their own gain.  Don't trust them, workers.

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