Call me crazy, but don’t you find it interesting that the jump in the unemployment rate comes about a month after the hike in the minimum wage? <\/p>\n
I know for a fact that at least two people at one local business were laid-off because the business could not absorb the increased costs. Admittedly those jobs didn’t provide a living income – but in one of the two cases above the job provided additional income to a struggling family – and now they have to find a way to replace not just the difference between the old rate and the new rate, but the old rate and zero. Zippo. Zilch. And there’s no unemployment insurance either – he hadn’t been at the job long enough.<\/p>\n
Way To Go! all you caring, benevolent, progressive liberals. Basic economics has taught us that when the cost of doing business goes up one of two things will happen: Business passes the increases on to the customers (Inflation), or they cut costs (Unemployment) because the only “business” that has a printing press in the back room is the federal government. <\/p>\n
I know that the folks who generally have minimum wage jobs probably don’t have the educational background to understand the economic system, but the people who pushed for the higher minimum wage (like Steve Bullock – candidate for Attorney General) surely do – and they have chosen to ignore economic realities for political feel-good demagoguery.<\/p>\n
Shame on them.<\/p>\n","protected":false},"excerpt":{"rendered":"
Call me crazy, but don’t you find it interesting that the jump in the unemployment rate comes about a month after the hike in the minimum wage? I know for a fact that at least two people at one local … Continue reading