Cheap Liberal Philanthropy
Liberal politicians and quasi-Marxist unions in my home state of New Jersey are pushing for legislation to raise the minimum wage to $15 an hour–almost twice the current rate, $8.38–as part of a campaign to raise it to $15 in all 50 states.
This is a classic example of good works as practiced by hypocrites: works that wind up doing no one any good at all, and which someone else has got to pay for. No charity ever comes out of a liberal’s own pocket.
Just as Obamacare magically transformed countless full-time jobs into part-time jobs, the $15 minimum wage will transform countless lower-paying jobs into no jobs at all–for the simple reason that employers won’t be able to hire minimum wage employees without raising the cost of their product to a level which the market won’t bear. Unless you think people will be lining up around the block to pay $30 for a pizza.
But hey, why stop at $15? As long as you’re giving away other people’s money, why not make it $30? Or $50?
Oh–and it goes without saying that, if you double the minimum wage, employees who are already making $15 an hour are going to want their wages doubled, too. Government by fools and hypocrites–hot dog!
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