A Great Question About Unemployment
MKFreeberg at House of Eratosthenes on Aug 07 2008 at 7:50 am | Filed under: Economy, Employment, Politicians at Work
Neal Boortz asks it here.
Why in the world isn’t anyone connecting the increase in the jobless rate last month to the increase in the minimum wage? At the beginning of the last month the minimum wage went up by 70 cents.
There are some left-wingers running around, with the same rights and privileges as you and me, insisting that an increase in the minimum wage will lower unemployment, if anything.
And, as the guy pointed out in that martial-arts video, you aren’t supposed to be trying to “raise a family” on minimum wage. That is the situation for some folks, but debating how many is pretty useless. The problem begins there. Minimum wage is for kids. Bachelors. Heck, not even bachelors. People just starting out.
Just another example: People on the left say they’re here to help people in a certain economic circumstance, and their “help” comes in the form of making it artificially expensive for others to do business with them. When business is made artificially expensive, less of it goes on. What’s so hard about that.
How about this. How about we ask the democrats to go on record, and say — yes, it is our position that if we can raise the minimum wage high enough, we’ll have full employment. And then explain to us how that works, assuming they really want to take that position.
[Discuss This Topic with MKFreeberg]
