How Biden is raising the minimum
wage by the back door
New York Post,
by
David Marcus
Original Article
Posted By: Imright,
6/5/2021 8:39:40 AM
How do you raise the minimum wage without raising the minimum wage?This is a riddle that the Biden administration has solved with a set of economic policies that specialize in perverse incentives to crush small business. Chief among these policies is continuing unemployment aid to millions of Americans while job openings go unfilled. Once again this week the jobs numbers underperformed, missing projections by 100,000. This is starting to be a habit for Biden. Increasingly Build Back Better looks more like sit on the couch and watch the checks roll in.
My opinion is that this isn't a backdoor to a higher minimum wage; its a backdoor to Universal Basic Income (also known as Money for Nothing). UBI is crack cocaine to the masses - the government pays you to exist, and controls your every move. Get out of line, and Uncle Sugar cuts off your allowance.
10 people like this.
Reply 2 - Posted by:
bighambone 6/5/2021 8:53:14 AM (No. 806456)
Chances are in the end, it will be the law of supply and demand that will ultimately be the decider of what wages will be paid and how much American workers will earn, regardless of leftist Democrat covert efforts to control the private labor market and wages.
8 people like this.
Reply 3 - Posted by:
NancyD 6/5/2021 9:05:46 AM (No. 806468)
They think it's the back door, but its in our face! In Michigan, our idiot gov is paying people to stay on part time by supplementing the income with taxpayers money. They think they are being sly, but we see it, we are not dumb.
8 people like this.
Reply 4 - Posted by:
OBX Pete 6/5/2021 9:28:59 AM (No. 806488)
The federal government has no business telling ANY private business what they must pay their employees. PERIOD !!!!
9 people like this.
Reply 5 - Posted by:
snowoutlaw 6/5/2021 10:12:33 AM (No. 806522)
At the same time he is increasing the supply of (illegals ) low skilled laborers which is forcing wages down.
5 people like this.
Remember, there were supposed to be 2 million in April, which was downgraded to around 700,000 now.
Imagine, you're on unemployment, and getting $400 per week, then they give you another $300 per week.
That would be the equivalent of $17.50 per hour for many of those hotel, restaurant and bar jobs (hospitality industry) that were largely devastated due to the shutdown.
But, I wonder how some will feel, come August/September, when the extra Federal weekly payment is gone, and they start looking for a job - how will they be viewed as a potential employee?
1 person likes this.
Reply 7 - Posted by:
JrSample 6/5/2021 11:43:16 AM (No. 806620)
It is also a payoff to his Mega-corporation donors for the purpose of driving small startup competition out of business.
1 person likes this.
Reply 8 - Posted by:
JHHolliday 6/5/2021 12:08:19 PM (No. 806650)
Gee, who would have thought paying people to stay home instead of working would result in them...staying home?
My wife likes to shop at our nearby Dollar Store. She came home yesterday because the store had closed at 2:00 pm for lack of help. One local restaurant is running ads for dishwashers for $13 per hour. I really don’t blame the average worker staying home and drawing more than they could working. To them it’s a sound financial decision.
2 people like this.
Reply 9 - Posted by:
nosillod 6/5/2021 12:39:19 PM (No. 806683)
In the mean time I am seeing more self checkouts and I expect to see more kiosks replacing workers. Joe is just cost justifying non human customer interfacing. Ask yourself, when was the last time someone pumped my gas for me?
2 people like this.
Reply 10 - Posted by:
JackBurton 6/5/2021 1:12:53 PM (No. 806726)
I miss the days when the economy was doing so well that wages were rising due to market forces.
Not force of government.
1 person likes this.
Reply 11 - Posted by:
MickTurn 6/5/2021 2:52:04 PM (No. 806813)
Build Back Buffoons!
0 people like this.
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