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Joe Biden Goes For the Jugular In His Bid to Destroy Small Business

 
By streiff | Jan 15, 2021 1:30 PM ET
 
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AP Photo/Matt Slocum

Yesterday, as part of the boondoggle that the incoming Biden administration will propose to wreck the United States economy, Biden pushed the idea of a $15 per hour federal minimum wage.

 
 

 

There should be a national minimum wage of $15 an hour. Nobody working 40 hours a week should be living below the poverty line.

(Joe has a nice chancre going there on that upper lip)

Along the way, he makes wild claims about the number of children…we are seriously back to the Clintonian “for the children” nonsense, aren’t we?…that will be lifted out of poverty, etc., etc.

Just some observations on this. A one-time infusion of cash lifts no one out of poverty. What it does is create an entitlement. These direct cash payments are nothing but a gateway drug to the guaranteed minimum income. The need for these payments could be mostly, if not wholly, obviated by pulling on our big-boy panties and opening the economy back up. That, unfortunately, would require moral courage, a commodity that has been in short supply for the past year and promises to become even more rare in the coming one.

Biden’s rhetoric on the minimum wage is the same tired old pablum that the left has tried to cram down our throats for years as we have been prodded, increasingly at bayonet point, down that mucky road to serfdom and socialism.

If you are not an entry-level employee and are working for minimum wage, maybe you are the problem and not the entire US economy. The poverty line argument is one of those bureaucrats like to use because they get to decide what the word means. The number, itself, is utterly meaningless as a “living wage” and “poverty line” mean entirely different things depending upon where you live.

 

There is a mountain of evidence indicating that all raising the minimum wage does it cause employers, particularly small businesses, to not hire people or use part-time employees. While there are claims that there has been no impact in some locations, that does not imply that taking a local rule and making it national will not have consequences. As an economic plan and a means for helping people, it is juvenile, and it will not work.

As a political tool, though, it is golden.

Years ago, the medical profession was the backbone of the Republican party. According to the Journal of the American Medical Association, that is no longer true:

Between 1991 and 2012, the political alignment of US physicians shifted from predominantly Republican toward the Democrats. The variables driving this change, including the increasing percentage of female physicians and the decreasing percentage of physicians in solo and small practices, are likely to drive further changes.

The American Medical Association website has more details:

The share of physicians who are owners fell by more than seven percentage points in the six years between 2012 and 2018, data from the Benchmark Surveys shows. During the six-year span between 1988 and 1994, ownership fell 14.4 percentage points, from 72.1% in 1988 to 57.7% by 1994.

At one time, a supermajority of doctors were also small-businessmen. That drove them to support free-enterprise and personal responsibility. Now a majority are employees of large corporations, and their political focus has shifted towards the same government regulation and nanny-state behavior that provides them a living.

 

Just as these regular checks from the government are a gateway drug to guaranteed minimum income, the doubling of the minimum wage is simply a bludgeon to kill off small businesses and replace a freedom-oriented entrepreneurial class with corporate employees. When married to the current program of lockdowns and the permanent changes to our economy that the public health nazis are sure to impose under a Biden presidency, the foundation has been laid to ensure that small businesses can neither meet the regulatory burden of operations or the financial costs of hiring employees who can’t earn sufficient revenue to cover their cost.

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While I have not read the entire package yet, I have found one part of the all the stimulus packages that I will continue to disagree with. And that is the Federal Money for unemployment, on top of what states are giving the unemployed. I am tired of hearing how all these people need the money, yet there are over 6 MILLION open jobs out there for people to work. 6 MILLION--and those are job openings that are reported, doesn't even include all the illegal immigrant jobs being filled out there. And yet we, THE AMERICAN TAXPAYER, are providing $300 more a week for these "unemployed people". Take that and put it with the Texas average of $330 per week, and these individuals are getting $630 a week in unemployment. And just imagine the money wasted on those people during the summer when it was $600 more a week from the federal government. Definitely a re-distribution of wealth, and people don't even see it. $930 dollars a week, $3720 a month--that is more than a lot of teachers make, but yet the unemployed need that money more than those working. SMFH.

https://www.bls.gov/news.release/jolts.nr0.htm

First thing that should happen--cut off any federal extra dollars to unemployment. These people in Texas are making $15.75 an hour to stay at home, they need to be working instead. If you cut off the $300 or the $400 uncle joe wants to provide--then these people either go back to work or make $8.25 per hour to stay at home. This is a waste of AMERICAN TAXPAYER funds. Because if more people are working, the government actually gets to take in more tax dollars from income taxes, so they can pay for all their worthless pet projects. So who will pay for it now. Well they say the rich, but they leave and hide their money--so it'll fall to those of us that actually work and pay our bills and taxes. Just like gas prices--keep spending more to make sure that we support the masses that seem to be entitled. SMFH. FISCAL LIBERALISM STINKS LIKE :poop:!!!!!!

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Just now, Monte1076 said:

"States" is the key word, there. And how are the businesses in those states doing? Are those employees getting the same amount of hours?

Couldn't tell you...do know that from what I read that most had reached a point where they knew the federal government wouldn't act, so they did what they thought was right for their workers. Voters voted for it. The federal minimum wage hasn't been touched since 2009. 

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1 minute ago, BarryLaverty said:

Couldn't tell you...do know that from what I read that most had reached a point where they knew the federal government wouldn't act, so they did what they thought was right for their workers. Voters voted for it. The federal minimum wage hasn't been touched since 2009. 

Anecdotes and related stories suggest the increase to $15 won't go the way people think it will. There's a good possibility it leads to reductions in staffing levels, and reductions in hours. It doesn't do the cashier who is making $12 per hour and working 25 hours per week a whole lot of good if they're making $15 and only working 20 hours per week, does it? In fact, in that case, it would make zero difference ($12 x 25 is the same as $15 x 20). And, to some extent, it could "price out" people, too. If you're talking 40 hours per week ($480/week at $12/hr vs $600/week at $15/hr), then you've got a difference of $120/week. And that might be a different discussion.

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1 hour ago, Monte1076 said:

Anecdotes and related stories suggest the increase to $15 won't go the way people think it will. There's a good possibility it leads to reductions in staffing levels, and reductions in hours. It doesn't do the cashier who is making $12 per hour and working 25 hours per week a whole lot of good if they're making $15 and only working 20 hours per week, does it? In fact, in that case, it would make zero difference ($12 x 25 is the same as $15 x 20). And, to some extent, it could "price out" people, too. If you're talking 40 hours per week ($480/week at $12/hr vs $600/week at $15/hr), then you've got a difference of $120/week. And that might be a different discussion.

Inflation is the biggest problem. When it cost more to get goods to the consumer it is going to come back around. Simple economics Making 100 dollars an hour does no good if Bread is 80 dollars a loaf. Used this because of Revelations by the way 

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3 hours ago, BarryLaverty said:

Didn't like 20 states pass a $15 minimum wage in November? 

https://www.ncsl.org/research/labor-and-employment/state-minimum-wage-chart.aspx#:~:text=New York became the second,hour by July 1%2C 2020.

No, that is not correct. Only one state passed a $15 minimum wage in November--Florida--and it increases in increments, starting in September of 2021--to $10 and then goes upward from there. 

What is true is 29 states & DC have raised their minimum wages above the federal rate of $7.25 an hour.

5 states have no state minimum wage and 2 have minimum wages below $7.25--its all in the link. 

  • Florida voters approved Amendment 2, raising the state minimum wage to $15.00 per hour by 2026. The amendment raises the minimum wage to $10.00 per hour effective September 2021, with a continuing annual increase until reaching $15.00 per hour. 
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39 minutes ago, DannyZuco said:

Just being nosy, what do you start your employees hourly rate at? $10/$12/$15/$20?

Just for arguments sake. You don't have to give the real answer, but a ball park? 

Salary $750 for 40 hours... after that $20 an hour cash on top of the 750... driver usually averages close to $1000 a week, we only work half a day Saturday the times we do work

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19 hours ago, JETT said:

Salary $750 for 40 hours... after that $20 an hour cash on top of the 750... driver usually averages close to $1000 a week, we only work half a day Saturday the times we do work

So basically $18.75 an hour, but you are paying cash on overtime pay, instead of giving them their $28.13 cents an hour. What you have described is about 10 hours of overtime a week. Now I don't have a problem with that, but I think the government will, especially when we are going broke. You are not really paying enough into the FIT & FICA. I mean another $250 taxed per employee would sure help our government and all those stimulus checks and freebies they want to give out. It seems that you are not doing your civic duty---Man, I promise I am only joking around, with you. Heck, for that money--I might be applying soon. I can drive, I can shovel :poop: with the best of them. LOL. 😂😂🤣

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8 minutes ago, DannyZuco said:

So basically $18.75 an hour, but you are paying cash on overtime pay, instead of giving them their $28.13 cents an hour. What you have described is about 10 hours of overtime a week. Now I don't have a problem with that, but I think the government will, especially when we are going broke. You are not really paying enough into the FIT & FICA. I mean another $250 taxed per employee would sure help our government and all those stimulus checks and freebies they want to give out. It seems that you are not doing your civic duty---Man, I promise I am only joking around, with you. Heck, for that money--I might be applying soon. I can drive, I can shovel :poop: with the best of them. LOL. 😂😂🤣

CDL with tanker endorsement

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The business owners better negotiate a 10 to 12  dollar an hour minimum wage increase.  If not the American population will cram 15 dollar an hour down their throat.  Just look at the Florida, Missouri, and Arkansas wage increase on their state ballot las November.  

Florida - 61% for 39% against. : Florida passes $15-an-hour minimum wage bill (nypost.com)

Arkansas - 68% for 32% against: Voters Pass Bill to Increase the Arkansas Minimum Wage | Workest (zenefits.com)

Missouri - 60% for: Election 2018: Missouri passes minimum wage hike, not gas tax | The Kansas City Star

 

Florida is a swing-state.  Missouri and Arkansas is a deep red state.  The people have spoken.  Raise the minimum wages now.   You better believe the the Democrats will push this issue in the mid-term elections in 2022.  It is a winning issue for them.  

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