Comments on Real Honest Thinking: Minimum Wage

You are nuts. I imagine the way you made the mini...

2010-01-06T15:44:10.670-05:00

You are nuts. I imagine the way you made the minimum wage job work is that you had your nice and warm parents house to live at and eat free food. I would bet money that you could not live 3 months on the streets with a wife and 2 kids to support, working at minimum wage, without your obviously wealthy family.

Haha, nice shout out to Jennifer bro.

2009-07-22T02:40:25.657-04:00

Haha, nice shout out to Jennifer bro.

I love it when the Democrats criticize existing mi...

2009-07-21T17:19:09.952-04:00

I love it when the Democrats criticize existing minimum wage as not being a "living wage" for a wife and 2 kids. Yeah, so what? Then he guy flipping hamburgers should be motivated to improve his work ethic, experience and education in order to increase his value so HE can support his wife and 2 kids and not ask some small businessman to do so at the expense of someone else having any job at all.

Speaking of the Minimum Wage Ron above stated: "If one looks at basic economics one can see that it is not a good idea." Ron is of course correct and it is the ONLY valid basis of evaluation, but of course that would neutralize the "debate" and "political opportunism."

I helped form a company on behalf of my Brother-In-Law and friend that they invested $175,000 the government didn't get in taxes. If they had gotten it in some "fair share" scheme of the Democrats then the government could have made entitlement payments to about 8-10 families for one year, but instead we created "permanent" jobs for 20 employees representing 20 families. [Point, Chapter & Verse] ............steve

The question of the minimum wage has always genera...

2009-07-21T14:08:35.719-04:00

The question of the minimum wage has always generated a great deal of debate. If one looks at basic economics one can see that it is not a good idea. First take goods, if the price of an item is set artifically high then the people who make that item tend to make more hoping to benefit from the increase in price, however at the same time the people buying said item buy less because of the increased price causing a surplus of that item. The reverse happens if the price is set artifically low creating shortages. In the case of setting wages above the free market level this means,as you said, fewer people will be hired. However just as important the item produced or the service provided will increase causing a corresponding decrease in demand for that item or that service and those who continue to buy said item or use that service will pay more, hence having less money to use or buy other services or items. Its like the old broken window thing, "a broken window is bad for the home-owner, but good for the glass company. I suppose the bottom line is this---politicans will enact laws that favor groups that tend to support them at the expense of those groups who do not. Interfering in the free market is never, I repeat never good---just to many variable for the government to understand and attempt to make adjustment for.

Found your blog via twitter--following. Visit me sometime at TOTUS my is a young blog, but I've worked it hard and now have a PR4 ranking. When you visit my site if you like what you see there drop off a comment to that effect and I will add you to the blog roll there, hoping you will do same for me. I will help us both in time with google as external links are important to them and eventually drive more visitors to your site. We all enjoy having readers and getting comments. I see you put work into your postings and that good. Sometime I do the same, and sometime I import articles from other sources. I also do satire as I like to poke fun at those on the political scence, particularly Obama and the left. I'm a retired history and political science teacher living in the deep south (south Mississippi). The heart of red country.