Bernie Sanders, God bless him, has a new book out and was on "CBS This Morning" pitching his progressive agenga to the unsuspecting American public. He was asked about the minimum wage and again stated that if you work 40 hours a week you shouldn't be living in poverty and the panel nods in agreement and some actually say yes.
It's so fustrating hearing this, seeing the polls showing Americans want this and knowing how totally wrong it is. Being willing to pay more for everything you buy so someone can have a living wage is compassionate. Not knowing that the opposite will happen is ignorant. Knowing an increase in the minimum wage will have the opposite result and still wanting to do it because it feels right is just wrong.
It doesn't take a rocket scientist to figure out that new business models are eliminating low wage jobs. Left leaning politicians, progressives, elites, etc... that are pushing the minimum wage are either living in a bubble or not paying attention to what is going on the world.
With every increase in the minimum wage low skill jobs are phased out. Agricultural products are being harvested by machines. Workers are being replaced by robots. Wait staffs are being eliminated and kiosks are replacing order takers.
Low-wage jobs once educated and provided spending money for our nation's youth. These low wage jobs provided tempory employment and transition options for the recently unemployed but more and more they are being phased out.
Growing up in America and not understanding how a free-market economy works within a capitalistic system is beyond me. Bernie pleae stop using Sweden as an example of how democratic socialism can work... They haven't been socialist since the 60's when they figured out it doesn't work. Sweden, in many ways is more capitalistic than the United States and oh by the way they do not have ANY minimum wage laws.
"The Right Minimum Wage Should be Zero"
Monday, November 26, 2018
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