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Thursday, February 27, 2014

The Minimum Wages soars to $15 in North Dakota

IN SOME PLACES IN THE STATE OF NORTH DAKOTA BUSINESSES  LIKE McDONALD'S ARE PAYING UP TO $15 MINIMUM WAGE.  I SHOULD ADD NO THANKS TO OBAMA, BUT RATHER IN SPITE OF HIM.  BECAUSE OIL AND GAS EXPLORATION IS ON PRIVATE LANDS, LANDS WHERE THE FEDERAL GOVERNMENT HAS NO CONTROL.   THE PRESIDENT IS CONSTANTLY HARPING ON THE NEED TO RAISE THE MINIMUM WAGE, WHILE AT THE SAME TIME PUSHING GOVERNMENT REGULATIONS THAT STIFLE JOB GROWTH AND KEEP WAGES DOWN.  HE ANSWER TO THESE LOW WAGES IS SIMPLY TO MANDATE AN INCREASE, A MANDATE THAT WOULD CREATE EVEN FEWER JOBS IN THE LONG RUN.  A MANDATE THAT WOULD HELP A FEW, WHILE HURTING MANY MORE.  OH WELL, WHAT ELSE SHOULD ONE EXPECT FROM A COMMUNITY ORGANIZER WHO HAS NEVER RUN A BUSINESS AND SURROUNDS HIMSELF WITH LIKE MINDED ADVISERS. CARTOON BY  CHIP BOK'S BOKBLUSTER

3 comments:

Proof said...

Simple supply and demand (still to complex for the Obama administration!).

Where ever there is competition for labor, higher paying jobs competing for a limited amount of labor, the price of that labor goes up, exactly as we see it happening in North Dakota.

The cure for a low minimum wage is job creation, not trying to artificially inflate wages to create the illusion of progress.

Sandee said...

Obama doesn't have a clue. About much of anything. Worst administration ever.

Have a fabulous day. ☺

Woodsterman (Odie) said...

Communism fails everywhere it's tried. The sheeple will learn the hard way I'm afraid.