Thursday, July 7, 2016

Go Toe To Toe.

       It surprises me no end that so many Republican legislators hate the idea of a $15 minimum wage. Why you'd think we were trying to pick their pockets and send them to the poor house. Of course raising the minimum wage to more than double would hurt business, maybe, but it would actually help the Congressmen. They could fulfill their everlasting dream of cutting entitlements, at least some.
       Ya see, by raising the minimum wage they could eliminate entitlements like the Earned income Tax Credit and most of the bothersome Food Stamp program. Hey, they'd be heroes in their own minds. The reason they'd  be happy is all the savings they could boast about. Heck they could give away another tax cut for the wealthy, which would make the rich happy.
       Of course business and industry would be unhappy because they'd have to raise prices on their products. But then way more people could afford to buy their products since they'd all be making more money. More demand would require more employees or more companies making those products. The dilemma could be solved by lowering the income of the management class. In fact that would begin to solve the inequality problem. Seems like a win-win-win solution.
       It would even make companies like Walmart somewhat happy because they could phase out their department that trains their employees on how to get funds from government entitlements. Add another win to the win column. Still there is that hurdle of Congressional conservatives to get past. No matter what the advantages there's no way Congress will allow something that's good for Americans to get past their blockade.
       It's a lot like a man who shoots off his big toe. He won't be happy until he shoots off his other big toe so he ain't lopsided. They complain about entitlements but they won't do something that will solve the problem. They'd rather lose two big toes.

No comments:

Post a Comment