Kerry’s Minimum Wage Pandering
Jay McCarthy notes Kerry’s proposal to raise the minimum wage.
When I first heard that commercial on TV I was dumbfounded.
Washington State has the highest minimum wage in the country, more than $7.00/hour. It also has one of the highest unemployment rates.
What good is a minimum wage if you can’t get a job because it’s too expensive for an employer to hire you?
Those who have low-end minimum wage jobs will get a raise while those who lose their jobs or can’t get them, will make less. Their wages will drop to zero.
Zero.
Now that’s a minimum wage! Can’t get more minimum than that.
I guess that’s what John Kerry means when he talks about more people making a minimum wage.
He should be thinking about how to end government manipulation of the marketplace which inevitably forces large numbers of people to funnel portions of their money into the hands of a select few. The resulting disparity in income is what puts lower wage earners at a disadvantage. The lack of competition forces all people to pay more for goods and services, and the poor feel it the most.
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