The Minimum Wage Debate

is, Stoessel is right, and Pearlstein is wrong...:)

btw, very good job...:)

Unfortunately, the debate is basically over and minimum wage is a done deal. Bush won't veto the bill I don't think. He will foolishly believe it will garner him some political good will. It won't

As always, I appreciate your stopping by and commenting.

Artificially raising the price of anything is inflationary. If we had only one worker and one employer and that worker was employer's only customer, the employer would raise the price of his product by the exact amount of the employee's raise.

Artificially raising the price of anything is inflationary. If we had only one worker and one employer and that worker was employer's only customer, the employer would raise the price of his product by the exact amount of the employee's raise.

By claiming that a min. wage increase is long overdue after spending the past five years laying total blame to the Bush Administration for the outsourcing of jobs to foriegn competitors.

Just what do dems think are the reasons why companies outsource?? Now we hear their rhetoric that its because CEO's just want to get richer and that these companies just hate America. But do they really believe that anyone besides full time subscription readers to Moveon.org buy this BS?

There are probably hundreds, if not thousands of companies that have resisted the urge to outsource because of the desire to stick it out. Even in the face of skyrocketing legal, medical, and environmental expenses that doing business in this country brings. Now add 30% increase in labor expenses to manufacturing in the next two to three years and what do you think is going to happen??

Yep, the very people the dems thought they were trying to help, will be out of work once they break the camels back with the last straw as India, China, Indonesia and Central and South America benefit from federally mandated outsourcing from the Dem controlled congress of 2006 to 2008....not to mention that even mentioning min. wage on a federal level in basically unconstitutional.