THE FANTASY DISINTEGRATES

Posted in Uncategorized by Baba - Jun 27, 2017

Socialists, Globalists, and Elitists, like  George Soros and virtually all Democrats, have invested a lot in establishing the $15 per-hour minimum wage. Their idea is to upgrade the lower income level by redistributing money from the middle and upper class.

People who use their brains logically said, rightly, that paying a worker more than they generate as bottom line profit for their employer will not be sustainable and will eventually hurt the entry-level workers chances for entering the workforce.

Yeah, about that…

A new study in Seattle, where the $15 wage has been in-place for a while, has shown that entry level workers there are making more per hour (3%) but taking home less (9%) because employers reduced their hours in order to avoid losing money. The average worker income loss from the “raise” is $125 per month.

Also, 5,000 fewer entry level jobs have been created since the anti free market policy was enacted.

The idea of paying an employee more than their fair share of what they contribute to the employer’s bottom line is not a free market practice.

Liberal doctrine is opposed to a free market.

 

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