Monday, February 24, 2014

A minimum wage economy is bad for everyone

I despise the despots who use minimum wage as a political football.  It is targeted at the least informed and most vulnerable to the impact an increasing floor will cause. 

I don't want an economy that depends on laws and rules to try to impact economic justice.

Let me tell you what real justice is.  Older men and women mentoring very low paid teenage workers (13-18 years) to equip them to work and succeed in a vibrant economy.  In many European companies, young apprentices (unpaid interns) working in industry doing the things that will lead them to lifetime ability and skill. 

What we have now is a dependence on education which does not develop skill, and regulation (Minimum Wage) to cause business to pay poorly prepared people to work which results in them trapped in businesses at low wages.

Cut loose the economy.  Cut loose workers. Get young people in the workplace.  Let them learn to work.  Let them try things.  Give companies the chance to find good workers they can.

We have a government that seems to want to be command and control and is neither. 

We have a minimum wage economy and that stinks for the workers, the companies and the economy.

I don't believe a minimum wage economy is in our best interest.

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