Sunday, September 08, 2013

Minimum Wage Doubles? : Unemployment Doubles

What all this marching is about is the 'Lotto' mentality - get rich fast and live the good life without have to wait half a life time and daily hard work. This is the message from our fearless leaders in our government and unions that continue to demand more resources from the productive individuals in ur society as they didn't obtain their personal positions legitimately, they took it from the those that did the actual work, thus making the theft okay. 

This is the message that the unions use to ferment division among the workers and industry, divide and conquer. The problem here is those that are being attacked are not in the business to provide jobs for the general public, they are in business to make a profit. If the profit falls and it makes no sense to continue the business, they will shut the doors, laying off all the workers. For many in the unions and our government this is a good thing. The more people that are unemployed, the more the progressive socialists believe will vote Democrat. One hand washes the other.

The problem, of course, is when the number of unemployed outnumber those that are employed, who will foot the bill to support all of the social services that are required to sustain those that are products of failed union and government agendas? Then who will they blame when the system no longer can function to support their socialist agenda? Who will be the scapegoat for failure of the system?

"McWages" and the Middle Class
Source: Phil Hickey, "'McWages' Can Be the Path to the Middle Class," Wall Street Journal, August 28, 2013.
September 6, 2013

Phil Hickey, chairman of the National Restaurant Association, says his first job was at age 14 washing dishes at a Big Boy restaurant in his hometown of Detroit. He says it was a job that gave him a strong work ethic and taught valuable skills that helped him move from the kitchen to eventually owning nine of his own restaurants.
This experience is not uncommon.
  • The first job held by nearly one in three Americans is in the restaurant industry.
  • In addition to teaching personal responsibility, teamwork, discipline and accountability, these positions provide workers with opportunities for successful careers.
  • Many of them advance from their entry-level, minimum-wage positions.
  • Nine out of 10 salaried restaurant employees start off in hourly positions.
Protesters at fast-food restaurants around the country in recent weeks have alleged that fast-food workers can't survive on $7.25 an hour, the national minimum wage, and that restaurants must pay all of their employees a "living wage" of $15 an hour.
The majority of workers who earn a minimum wage in the United States work outside of the restaurant industry.
  • Only 5 percent of the 10 million restaurant employees earn the minimum wage.
  • Seventy-one percent of minimum-wage employees in the restaurant industry are under the age of 25.
The U.S. restaurant industry is vital to the country's economic growth and has helped fuel the recovery now underway.
  • Employment nationwide grew by 1.7 percent in 2012
  • The restaurant industry employment grew 3.4percent -- making 2012 the 13th consecutive year that the restaurant industry has outperformed overall U.S. employment growth.
Efforts to devalue the industry and mandate changes, like raising the minimum wage, hurt workers by preventing businesses of all sizes from creating more jobs. As the U.S. economy continues to recover, let's focus on preparing workers for high-growth positions and helping businesses expand -- not on implementing policies that would eliminate jobs and shutter local businesses.
 

No comments: