Minimum Wage Part 1

Filed under: In The Right Mind |
Dan Adamini - In The Right Mind - Featured - Rant

Dan Adamini – In The Right Mind – Featured – Rant

Marquette, MIApril 7, 2014 – The President Pushes for an Increase in the minimum wage

 

President Obama was in Michigan last week continuing to reinforce the conclusion that he has no business sense whatsoever. Now it isn’t just HIS fault. The entire democrat population seems to NOT understand economics. Perhaps if more of them had ever signed the Front of a paycheck instead of only the Back of a paycheck… we wouldn’t need to have this same discussion every few years.

Many Studies have shown that when the minimum wage increases, those earning that wage actually go backward. The increased cost of things purchased by those at the bottom outweighs the increased income earned. Even Ben Franklin in 1768 warned against the concept – I guess there were liberal nuts back then too!

Finally, have you noticed that the president always makes his speech from a place that pays more than the minimum wage? If his supporters weren’t so dim, they’d see he invalidates his own argument. These places pay more because their employees are worth it, and have proven themselves so. Minimum wage is a starting wage. Very few stay there. Here endeth the lesson (at least part 1)

Dan Adamini – In The Right Mind

 

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