Why Is The Minimum Wage Off Limits?

[LibertyCzar]

How come no one is blaming the new Minimum Wage, rammed through this Democrat Congress with a war spending supplemental, for the economic woes we face? We face lost jobs and inflation.

Ron Paul is right about printing money out of thin air contributing to inflation. But the Fed doesn't deserve all the blame. When employers have to spend more and more money on employees, the price is obviously going to get passed to the consumer. Hello. That is just plain common sense. So how come no one is attacking the Minimum Wage?

The Democrats are such cowards. They were elected to end the war in Iraq. Instead they chose to wreck the economy.

 

[werdd]

because most americans take an attack on minimum wage seriously, they have no understanding of how a minimum wage effects the economy.

its generally taboo in politics....

 

[Jeremy]

Watch this video with Pelosi on minimum wage http://www.youtube.com/watch?v=8pFC3LKMIQo

If we do what Jan did... it'll give us the uperhand

 

[LibertyCzar]

its generally taboo in politics....

A successful Ron Paul agenda would eliminate half the federal departments and agencies and bring home the troops around the world. Ron Paul would eliminate the Fed and abolish the Department of Education. Banks would not have been state institutions. Ron Paul would have even left Bear Stearns to the market.

When the state interferes, they make things worse. This is proof. More jobs are lost and prices are higher because the feds raised the minimum wage. Of course, states like California don't care because we have higher state mandated minimum wages.

 

[nate895]

A successful Ron Paul agenda would eliminate half the federal departments and agencies and bring home the troops around the world. Ron Paul would eliminate the Fed and abolish the Department of Education. Banks would not have been state institutions. Ron Paul would have even left Bear Stearns to the market.

When the state interferes, they make things worse. This is proof. More jobs are lost and prices are higher because the feds raised the minimum wage. Of course, states like California don't care because we have higher state mandated minimum wages.

Until we fix our current monetary system by eliminating the fed, returning to the gold standard, and mandating full reserve banking, expect the people demand that the government maintain a semblance of a livable economy.

 

[dannno]

The minimum wage and welfare are both crutches for the Federal Reserve, and they are only there to make our current system somewhat tolerable to the people..

I know that in a truly free market economy with an honest monetary policy, no minimum wage is optimal, but when you are slowly pulling the carpet out from under people's feet, the ones at the bottom are going to get hurt the most. I don't know if the minimum wage is necessary in our current system or not, but it may be.

I know one major dissadvantage is the fact that some people don't need to make a lot of money, for example, kids. Kids don't have to pay rent/mortgage, so they are generally willing to work for less. Now our government mandates that they make the same as someone trying to support a family, and that is wrong.

 

[Rangeley]

I dont think the change for the federal minimum wage did much, really, considering most states had a higher rate already. I could be wrong though.

 

[forsmant]

I don't think the brokers and bankers(aka the unemployed) make minimum wage.

 

[Micah Dardar]

So how come no one is attacking the Minimum Wage?

It isn't a wise thing to walk on the toes of the man that cooks your cheeseburger.