Intermarkets' Privacy Policy

Donate to Ace of Spades HQ!

Recent Entries
Absent Friends
Bandersnatch 2024
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups

« Thursday Morning News Dump | Main | Another Hoax "Racist" Incident: After High School Cancels Football Season Over Alleged Racist Messages, Police Say Mother of Alleged Target is "Strong Suspect" »
December 05, 2013

With ObamaCare In Shambles, Liberals Have Decided To Pivot To...The Minimum Wage

After once again demonstrating their prowess on all matters economic with ObamaCare, liberals have turned their attention to another economy crippling idea...increasing the minimum wage.

Naturally all the usual suspects, Obama, the media, and professional liberal agitators are united for the push.

First, Obama had his big economic speech yesterday in which he called for hiking the minimum wage to address income inequality. Gotta spread it around, right?

This was tied to today's strike against fast food shops in selected cities across the country.

And then there's the lefty propaganda under the guise of non-partisan scholarship.

Whether or not most of those who work 40 hours a week at the minimum wage or near it and are supporting families believe that they are entitled to food and housing, the fact is that they are doing what we have long believed was fulfilling our basic social contract—work hard, be productive, and you and your family can live a decent life with a place to live, food on the table, clothes on your backs, and other necessities. In the past, Republicans thought that the market ought to set wages, and that a combination of government devices—including the earned-income tax credit, housing subsidies, food stamps, Medicaid, and other social-welfare programs—could fill in the gaps to make that social contract work, while also trying to remove disincentives from work via welfare reform. There is not only a continuing belief in some quarters that markets should set wages, but strenuous efforts to make deep cuts to food-stamp funding and slash other programs that help low-income workers—condemned as “takers.”

It is a fact that our economic system continues to have big gaps. The web of subsidies can create real disincentives for those at the bottom of the scale who want to work but would actually lose more benefits than their minimum-wage income would bring in. The effective marginal tax rate for a couple both making low wages if the second person works can be more than 100 percent because of benefit formulas. A couple of weeks ago, when I wrote about the war on food stamps, I mentioned a D.C. woman who is struggling to feed herself and her daughter, but calculated that she would need a job paying $15 an hour to do better. That is an artifact of poorly constructed, patchwork policies. Liberal cant notwithstanding, there is a culture of dependency that can discourage work among many. But the fact is most people out of work want to work—it defines their self-worth.

So because the liberal welfare state has become so (relatively) generous that the minimum wage would need to be nearly doubled for it to make economic sense for a person to get a job. It then of course falls to businesses to somehow find the money to pay workers more money, even though they are not providing any additional value for that increased wage.

Of course the money for that new higher wage will come from a combination of fewer workers or increased cost to consumers. Meanwhile the consumer and business owners who are expected to carry the increased wage burden will still have to pay the taxes to fund the welfare benefits that compete with wages in a never ending upward spiral.

And that's going to create economic growth?

According to Barack Obama, yes.

Do these people really believe this or are they just messing with us?

Of course no policy fight in the Age of Obama would be complete without liberal totalitarians wondering if King Barack I could just do this on his own without all the messiness of congressional involvement.

Well, progressives say, there's a whole group of low-wage workers that he can fix this for, just with the stroke of a pen. The chairmen of the Congressional Progressive Caucus, Reps. Raul Grijalva and Keith Ellison, wrote a letter that urges the president to circumvent Congress and sign an executive order to raise the minimum wage for workers employed through federal government contracts with private companies. This letter comes months after 49 members of the CPC requested the same thing from the president, only to hear radio silence about it from the White House.

"It's frustrating," says Ellison, who hand-delivered the letter to the president after his speech Wednesday. "We know his heart is in the right place and he wants to do something, and this is something he can do."

It's especially frustrating for Ellison and his caucus considering there is no chance such a measure could pass the Republican-held House and that Obama said months ago that he would use "whatever executive authority I have to help the middle class."

Unrelated prediction: Liberal love of robust unilateral executive action will end the second a Republican wins the White House again.

The minimum wage fight comes down to a fight between two camps..people who understand economics and the vast majority of Americans. You either understand that wages are a function of labor supply and demand as well as individual skills or you think pay rates are simply social constructs that can be raised or lowered devoid of any connections to real world conditions and consequences.

But hey, the same coalition that brought the wonders of their economic understanding of health insurance market to us through ObamaCare can be wrong, can they?

In crass political terms the fight to raise the minimum wage is simply about paying off Democratic constituent groups like the young, minority women and union workers with other people's money.

What's not to love about that? Unless of course you are the one being stuck with the bill or a worker who will either lose their job or fail to get one because reality will kick in no matter what liberals want to believe.

digg this
posted by DrewM. at 11:11 AM

| Access Comments

Recent Comments
San Franpsycho: "The guy shot Steve Scalise was a Democrat but that ..."

somedood: ""608 Not sure a 360 bulletproof glass would work ..."

Stateless: "Please Do Not get sucked into "he was a registered ..."

Its California: "[i]The police 'sniper' everyone points to was like ..."

It's me donna : "Luckily the crowd didn't panic and run... That was ..."

MAC V SOG: "Trump should hire some Black Water folks. ..."

Soothsayer: " Please Do Not get sucked into "he was a register ..."

somedood: ""Never messed much with really heavy 77 gr and the ..."

BurtTC: "Easier to just have wings that obscure just like t ..."

Bilwis Devourer of Innocent Souls, I'm starvin' over here: "Shamelessly stolen from elsewhere: "why do they ..."

whig: "Simple High Speed Photography of a Bullet https:/ ..."

Cuthbert the Witless: " Yeah, it's a sloped roof. Very likely the securi ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64