1Declaration: Free Markets, Free People, Free Minds

I have noted this before but it is worth mentioning again. Minimum wage is an evil program designed by socialist politicians to buy the votes of unknowing and kool-aid drinking voters who will believe anything you tell them without questioning the repercussions of the governments actions if they seem beneficial enough. Let's think about this for a moment.

The government decides that people who are among the lowest income earners in American society deserve to earn more because life is too hard on them and they can't get the things that they want or need so they decide to raise the minimum wage like they have recently. The lowest earners now earn more and can afford more or at least that is the idea. What could be wrong with this?

Minimum wage is an artificial level designed by the government that does not base the quality of the persons work or the strength of their personal value in determining their wage. This consequentially hurts the companies ability to hire labor at a reasonable price with regards to the employee has to offer. Additionally there will always be some sort of minimum that will be accepted by the employee. If a company is offering $1 an hour and another is offering $2 for the same position the company offering $1 will be forced to increase their wage or be forced to take the lower quality employee who will accept that job at that price. Wage's if left to the free market will sort themselves out to what society and employees are willing to accept.

Examining basic economics will tell you that if you increase the cost of labor the cost of the product will increase, the company will have to take a hit in profits, or the company will have to cut costs. All three of these are detrimental to lower income earners in America. Keep in mind that only less than .55% of income earners in America actually earn minimum wage and a solid plurality of those are teenagers whom are still in school and dependent upon their families (I'll get back to this point).

Increasing the cost of products will increase the cost of living further hurting the lower income families and those who are unemployed, not to mention making life more difficult for those who already earn over minimum wage but do not get a raise to cover the difference of the minimum wage increase. A company is not likely to take a hit in their profits. Why? Afterall, to most of the Left profits are evil. Profits allow the company to expand their business allowing for further job creation. It takes wealth to create wealth something the government cannot do. The third option is the most prevalent and can be seen in the latest job reports with a jump in unemployment among low income earners and teenage employment after the new increase in minimum wage.

The quote below by Milton Friedman has been highly researched as I have pointed out in previous articles. Government statistics clearly show that when minimum wage increases teenage and black jobs have decreased to be able to afford the artificial wage increase that was not deserved.

Keep in mind the more sinister aspect of minimum wage increases that is not mentioned often and the primary reason for minimum wage increases. Unions. Many unions accross the country have their wages directly tied as a factor of minimum wage. Unions are a special interest group of the left and are a direct cause relating to jobs leaving this country.

Minimum wage is not a matter of care for the lowest wage earners in America. Minimum wage increases are a political tool designed to garner more power from the least understanding groups of people in America to enslave them to the political Left.

Get ready for more layoffs next summer as minimum wage increases again. To view the detrimental effects of minimum wage increases in qualitiative data please check this article out.