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Mar 3, 2021 ~ David Harsanyi, 'AOC’s Terrible Minimum-Wage Argument' Comparision to Denmark where McD employees make $22/hr is very misleading. Denmark has no minimum wage. About half of that goes to taxes and food and other goods are far more expensive there. [David Harsanyi, Economics, For the record, it’s Congresswoman Ocasio-Cortez, Minimum Wage]
Feb 25, 2021 ~ Veronique de Rugy, 'Don't Overlook Minimum Wage's Negative Effects' Economist Walter Williams always explained why the negative effects of minimum wage outweighed the positive and good intentions. CBO estimates 1.4 million jobs lost for $15. Business go under. Less hours, hiring. [Economics, Minimum Wage, Walter Williams]
Feb 9, 2021 ~ The CBO released a report analyzing the economic impact of the Raise the Wage Act, which would increase the minimum wage to $15 by 2025. Results: $54 billion deficit increase, would drive up the prices of goods and services, and would kill 1.4 million jobs. Lose, lose, lose. [Economics, Economy, Minimum Wage]
Feb 5, 2021 ~ The mayor of Long Beach mandated $4 raise for all grocery store workers. Kroger had to close 2 stores in response putting many out of work. Biden during debate, 'there is no evidence that when you raise the minimum wage, businesses go out of business. That is simply not true.' [Economics, Economy, Minimum Wage]
Feb 5, 2021 ~ Mario Loyola, 'The Dark Side of the Minimum Wage' 'The data show that increasing the minimum wage results in a significant net increase in unemployment. The increase is particularly pronounced among young adults - and most pronounced of all among low-skilled workers.' [Economics, Economy, Minimum Wage]
Nov 17, 2020 ~ Ryan Mills, 'Florida Restaurateurs Warn Minimum-Wage Mandate Could Shut Them Down' Dems never get that artificially raising wages cuts hours, jobs, raises prices, shuts down businesses, shifts to more automation like touch screens etc. 'There’s no pot of gold in this building.' [Economics, Economy, Minimum Wage]
Dec 26, 2019 ~ Seattle waitress lost her job 'as a consequence of the city's harmful minimum-wage experiment.' She says 'I'm proudly progressive in my politics, but my experience shows that progressives should reconsider minimum-wage laws that hurt the very workers they're trying to protect.' [Minimum Wage, Economics]
Oct 15, 2019 ~ As usual, minimum wage hike unintended consequences make things worse for workers. CNN Business 'the wage increases are not helping because their hours are falling.' 'I got that dollar raise but I'm getting $200 less in my paycheck' Some forced to quit because hours too low. [Minimum Wage, Economics]
Aug 3, 2019 ~ Johnny Kampis article, 'Disparities in Cost of Living Show Folly of Uniform Federal Minimum Wage' A federal number is useless. 'you'd have to make nearly $54 an hour in San Francisco to have the same quality of life that you'd get on $15 an hour in Cullman.' [Minimum Wage, Economics]
Jul 24, 2019 ~ Stossel 'Wages War' 'After Seattle raised its minimum wage to $15, entry-level job growth stalled. Job growth continued in the rest of Washington state but not in Seattle.' Businesses once hired 'inexperienced kids and trained them, giving them valuable starter experience'. [Minimum Wage, Economics, John Stossel]
Jul 23, 2019 ~ Rashida Tlaib one ups her democrat colleagues by calling for a $20 minimum wage. They all look stupid now calling for $15 since the government can arbitrarily set the minimum wage to any amount with no consequence. Her cheers will be short lived when the next dem calls for $30. [Minimum Wage, Economics, Tlaib]
Jul 18, 2019 ~ Sanders demands companies pay $15 per hour but refuses to pay his campaign workers $15 per hour. After criticism, he then does everything a business has to do to meet an artificial minimum wage. Cuts some people's hours, fires other people. Rhetoric meets reality. [Politics, Minimum Wage, Sanders]
Jul 8, 2019 ~ Restaurants Unlimited which operates 35 restaurants filed for bankruptcy due to minimum wage impact. 'Over the past three years, the company's profitability has been significantly impacted by progressive wage laws along the Pacific coast that have increased the minimum wage'. [Minimum Wage, Economics]
Jul 8, 2019 ~ CBO runs numbers on a $15 federal minimum wage and reports that it would eliminate about 1.3 million jobs while reducing standard of living for the consumers who will pay higher prices. Only dems think you can legislate wages with no consequence but then why not $100 per hour? [Minimum Wage, Economics]
Apr 24, 2019 ~ Kamala Harris is a fountain of misinformation and fake news. She starts with the fake wage gap claim, 'Women are paid on average 77% to the dollar? for doing the same work.' And moves to saying 'the majority of women are minimum wage workers.' Both claims are totally false. [Economics, Fake News, Gender Pay Gap, Harris, Minimum Wage]
Mar 25, 2019 ~ New York waitresses write letter telling celebrities like Sarah Jessica Parker, Michelle Williams, Amy Poehler and Amy Schumer to 'butt out'. They are pushing for wait staff to make minimum wage. But when adopted, it kills their tips and they make far less. [Minimum Wage, Economics]
Mar 21, 2019 ~ AOC was one of the people who pushed for a $15 minimum wage in NYC. It turns out, that was exactly what put 'The Coffee Shop' in Union Square out of business. The very place that AOC worked. Unsurprising to economists, 75% of whom oppose a $15 minimum wage. Dems are all in. [Economics, Minimum Wage, For the record, it’s Congresswoman Ocasio-Cortez]
Mar 6, 2019 ~ Survey 74% of Economists oppose hiking the minimum wage to $15 an hour. 84% think $15 minimum wage would negatively affect youth employment. 77% believe it would have a negative impact on the number of jobs available. But democrats are all in. They don't understand economics. [Minimum Wage, Economics]
Mar 6, 2019 ~ Amazon Raises Minimum Wage For Whole Foods Workers to $15 per hour. But then cuts hours significantly to compensate. Many making less than before minimum wage hike. Dems think they can simply legislate what people make. Why not $100 then? [Minimum Wage, Economics]
Jan 31, 2019 ~ New Yorkers shocked to find food prices rising after minimum wage hike - higher prices, less demand, reduced hours, layoffs, closings - all of the predicable results. [Minimum Wage, Economics]
Jan 19, 2019 ~ Predictably, NYC Restaurants Slash Staff over $15 Minimum Wage that was instituted late last year - 'We lost control of our largest controllable expense. So in order to live with that and stay in business, we're cutting hours.' [Minimum Wage, Economics]
Dec 29, 2018 ~ Kevin Williamson, 'On Minimum Wage, a Flight from Reality' - Great piece explaining why legislating wages is self defeating - you can't force people to value anything including labor more than it is worth because labor is traded for goods and people know how they value goods. [Minimum Wage, Economics, Kevin Williamson]
Sep 10, 2018 ~ Tucker Carlson who usually knows better and Bernie Sanders who never does argue that Amazon should be taxed the amount their workers get welfare - its the same flawed minimum wage argument for paying workers more than they are worth. Welfare would be more without the job. [Minimum Wage, Economics, Sanders]
Aug 12, 2018 ~ Minnesota minimum wage hike leads to predictable results - hikes have led to slower job growth in the restaurant industry and significant job losses among younger workers, a new study has found [Minimum Wage, Economics]
Aug 4, 2018 ~ Stossel explains again why increasing minimum wages in restaurants would do more harm than good - where it was tried hundreds of restaurants closed, hours were cut, etc. - did not lower harassment either [Minimum Wage, Economics, John Stossel]
Jul 23, 2018 ~ Jazz Shaw, 'The Fight for 15 Is Knocking NYC Out'. 'This minimum wage spike has forced several New York City businesses to shutter their doors and will claim many more victims soon.' Fight for 15 fools are winning themselves a place in the unemployment line. [Minimum Wage, Economics]
Jul 23, 2018 ~ Adios, entry level jobs at the Golden Arches - McDonalds is installing self serve kiosks in all locations by 2020 - The Fight for 15 fools won themselves a place in the unemployment line. [Minimum Wage, Economics]
Jun 24, 2018 ~ Starbucks bailing on urban centers after minimum wage hikes - Closing 130 stores, many in locations that have raised minimum wage - company cited wage increase requirements as one of the reasons [Minimum Wage, Economics]
Mar 10, 2018 ~ CaliBurger creates a burger flipping robot named Flippy that does a better job at it than humans. Created in an environment where minimum wage just hit $12 and is rising to $15. As the minimum wages rise, companies automate to remain competitive, killing those very jobs. [Minimum Wage, Economics]
Jan 7, 2018 ~ Jazz Shaw article, 'Canadians shocked when minimum wage hike negatively impacts workers' - loss of paid breaks, benefits, and perks - shift from full time to part time - and wages set to keep rising. Liberals think artificially raising wages has no negative consequences. [Minimum Wage, Economics]
Oct 26, 2017 ~ Dudley Dough, the Boston pizza restaurant based on the principles of 'economic justice' and 'fair wages' went out of business. No one who understands actual economics is surprised. Its failure illustrates the unworkability with a high minimum wage. [Minimum Wage, Economics]
Aug 13, 2017 ~ J.A. Frascino, MD, Left Wing Politics is all about 'feelin' good' - most of their policies from Affirmative Action to Minimum Wage do way more harm than good but supporting them feels good. [Affirmative Action, Minimum Wage, Politics]
Aug 6, 2017 ~ BET television network reports on disparate impact on black teens of minimum wage rise. 'Black Teens Are Fired When the Minimum Wage Rises' Economists Walter Williams and Thomas Sowell have been explaining this for decades but it comes as surprise to dems ignorant of economics. [Minimum Wage, Economics, Race, Walter Williams]
Jul 29, 2017 ~ Minimum Wage Laws are Destroying Jobs - Just as Predicted - Study by University of Washington Economists - workers making $125 less per month than they were before the increase - most affordable places hit hardest - many thousands of jobs destroyed, restaurants closed [Minimum Wage, Economics]
Jul 15, 2017 ~ Maine restaurant workers successfully lobby to reduce their minimum wage. They understand economics better than liberal politicians who are busy 'helping' people out of jobs and wages elsewhere. Now St. Louis reduces their minimum wage from $10 to $7.70 for same reasons. [Minimum Wage, Economics]
Apr 29, 2017 ~ The true cost of California's minimum wage hikes - CA business owner explains how he has to deal with them - not just layoffs and business failures - people above minimum wage can't get raises - high performers can't be rewarded [Minimum Wage, Economics]
Mar 13, 2017 ~ Tyler Durden, 'Minimum Wage Massacre - Wendy's Unleashes 1,000 Robots To Counter Higher Labor Costs' - others follow - predictable as the sun rising but the left will never stop harming the very people they claim they are helping. Legislating prices and wages doesn't work. [Minimum Wage, Economics]
Jan 15, 2017 ~ Larry Elder, 'Living Wage Is as Wrongheaded as the Minimum Wage' - Arguments against the minimum wage are so basic to economics that even left wing economists like Krugman and Jonathan Gruber got it. Living wage is just another phrase for minimum wage. [Larry Elder, Economics, Minimum Wage]
Dec 31, 2016 ~ Minimum wage hikes create 45,000 new robot jobs at Amazon as they are forced to automate jobs where it used to be cost effective to use people. Democrats will never get that you can't make people worth a certain salary by making it illegal to pay less. [Minimum Wage, Economics]
Dec 31, 2016 ~ Ed Rensi, 'Thanks To 'Fight For $15' Minimum Wage, McDonald's Unveils Job-Replacing Self-Service Kiosks Nationwide' - Predictions were right - Jobs lost, businesses closed - purpose was always to enrich SEIU members whose salaries are tied to the minimum wage. [Minimum Wage, Economics, Unions]

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