Saturday, September 25, 2021
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Occupy Wall Street and the Living Wage

If an evil corporation didn't make that computer, who did?

The usual idiots posted their #OccupyWallStreet demands. I couldn’t get past the first one. They went from zero to stupid in 4 seconds.

Demand one: Restoration of the living wage. This demand can only be met by ending “Freetrade” by re-imposing trade tariffs on all imported goods entering the American market to level the playing field for domestic family farming and domestic manufacturing as most nations that are dumping cheap products onto the American market have radical wage and environmental regulation advantages. Another policy that must be instituted is raise the minimum wage to twenty dollars an hr.

How does this Living Wage crap keep coming up? The existence of the Chupacabra or the Tooth Fairy is more likely. How long does it take to figure out that it doesn’t work that way? I’m not the sharpest tack in the box and am devising my line of reasoning with the limited resources provided me by the Minnesota Public Education system many, many years ago (I rode the bus, uphill both ways), but someone tell me where I’m going wrong. Please.

Let’s use the Fast Food Industry as our Living Wage model. You can get a job flipping burgers with no experience what-so-ever. The only requirements are that you be able to dress nicely (pull your pants above your drawers and keep them there for 15 minutes) and communicate on at least a limited level in English or some close derivative. Currently you will have to work your way up to operating the deep fryer or interacting with customers via the drive thru window loudspeaker system (theoretically). As a probationary burger-flipper you will currently receive the federally mandated minimum wage, $7.25 an hour. Burger flipping also includes two “fringe benefits,” jack and sh*t, about what the level of expertise demands. Combining these labor costs with the cost of buns, meat and condiments results in a meal costing approximately $7.00. These are NC costs, investigated daily, I hate to cook.

Now let’s implement the leftist wacko’s Living Wage. They suggest at least $20, for the ease of my limited mathematical abilities let’s say 3 times the current minimum wage. Right off the top of my head that means the price of that $7 double with cheese, fries and a drink just went to $21. Actually the cost of the meal probably went to $40 because you have to add in the higher cost of the buns, meat and condiments when each of the bun, meat and condiment manufacturers raise their employees’ wages to the new Living Wage.

You still work flipping burgers, haven’t been able to keep your pants above your ass-crack for more than a few seconds at a time and are still challenged by anything beyond the most basic, like, english and stuff, but everyone is getting the Living Wage regardless of the amount of skill or effort they put into their job, you’re getting three times the pay you were but now your lunch costs 8 times what it used to. Guess what, your Living Wage ain’t.

What do we do next? It won’t matter, because before some evil democrat politician devises a way to enslave us even further the Chinese will figure out a way to ship happy meals made by someone working for sweat shop wages here in an insulated container, overnight for only $35.99. Now you don’t even have your less-than-living-wage, now you don’t even have a job. The fast food industry just priced itself out of existence, much like textiles, steel mills and so many other Union jobs have in recent history.

It’s not a living wage, it’s a death wage but you are welcome to protest and get arrested demanding it all you want. Just don’t expect those of us with three or more brain cells to support you.

nessa
Retired Paratrooper, Biker, Tattoo Artist

5 COMMENTS

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5 COMMENTS

    • I keep wondering, what democracy? Our Founding Fathers saw the faults inherent in majority rule and avoided them. Who cares about the faults in democracy? We don’t have one! If you’re going to protest something shouldn’t you know what it is you’re protesting?

  1. Thanks Nessa.
    So many misconceptions about the minimum wage. Unfortunately it is an easy to sell to the simple minded. Increase the minimum wage and give me a raise.

    $2, $20 or $2000 doesn’t matter unless you compare it to the cost of goods.
    With the Fed deliberately devaluing the dollar year after year the cost of a so-called living wage must also be raised constantly.
    This is of course inflationary which erodes the purchasing power further still. Which necessitates another wage increase and so on.

    On the other hand, we can talk about increasing purchasing power which is the real issue.

    Labor is a commodity like any other. The way to raise the price of a commodity is to to increase demand for the commodity or decrease supply.
    When dealing with labor the surest way to increase demand is to scrap the minimum wage. Without out a minimum wage full employment is possible. Next scrap unemployment benefits and people will take the jobs they can find.
    When virtually everybody has a job doing productive work, supply of goods goes up and prices of goods come down.
    Because of scarce unemployed people, pressure is created on employers to raise wages in order to retain employees or to try picking off other employers best employees.
    So while supply of goods goes up so do wages. With no FED printing money this causes a REAL increase in purchasing power. This is what happened from 1800 to 1913.

    Finally decreasing the supply of labor is one method used by the government. One example of this is the mandatory retirement age imposed on airline pilots. They speak of increasing safety by kicking out the most experienced pilots. Only government would be dumb enough to even say such a thing. The real purpose of the mandatory retirement age is to decrease the supply of pilots. Originally it was meant to ensure new pilots would have jobs by sending the old ones out to pasture. And it does raise the wage of pilots but only by decreasing overall net productivity of pilots. Which in turn causes the price of a ticket to go up.
    Requiring hair dressers or tattoo artists to have licenses or truck drivers to have CDLs decreases the pool of “qualified” people and does raise wages. But only by increasing prices to consumers due to decreases in productivity.
    Decreasing the supply of labor artificially is inflationary and destroys the buying power of other laborers.

    The answer? Scrap the FED, scrap most licensing schemes, scrap the minimum wage and unemployment and let freedom work.

    • I keep wondering, what democracy? Our Founding Fathers saw the faults inherent in majority rule and avoided them. Who cares about the faults in democracy? We don’t have one! If you’re going to protest something shouldn’t you know what it is you’re protesting?

  1. Thanks Nessa.
    So many misconceptions about the minimum wage. Unfortunately it is an easy to sell to the simple minded. Increase the minimum wage and give me a raise.

    $2, $20 or $2000 doesn’t matter unless you compare it to the cost of goods.
    With the Fed deliberately devaluing the dollar year after year the cost of a so-called living wage must also be raised constantly.
    This is of course inflationary which erodes the purchasing power further still. Which necessitates another wage increase and so on.

    On the other hand, we can talk about increasing purchasing power which is the real issue.

    Labor is a commodity like any other. The way to raise the price of a commodity is to to increase demand for the commodity or decrease supply.
    When dealing with labor the surest way to increase demand is to scrap the minimum wage. Without out a minimum wage full employment is possible. Next scrap unemployment benefits and people will take the jobs they can find.
    When virtually everybody has a job doing productive work, supply of goods goes up and prices of goods come down.
    Because of scarce unemployed people, pressure is created on employers to raise wages in order to retain employees or to try picking off other employers best employees.
    So while supply of goods goes up so do wages. With no FED printing money this causes a REAL increase in purchasing power. This is what happened from 1800 to 1913.

    Finally decreasing the supply of labor is one method used by the government. One example of this is the mandatory retirement age imposed on airline pilots. They speak of increasing safety by kicking out the most experienced pilots. Only government would be dumb enough to even say such a thing. The real purpose of the mandatory retirement age is to decrease the supply of pilots. Originally it was meant to ensure new pilots would have jobs by sending the old ones out to pasture. And it does raise the wage of pilots but only by decreasing overall net productivity of pilots. Which in turn causes the price of a ticket to go up.
    Requiring hair dressers or tattoo artists to have licenses or truck drivers to have CDLs decreases the pool of “qualified” people and does raise wages. But only by increasing prices to consumers due to decreases in productivity.
    Decreasing the supply of labor artificially is inflationary and destroys the buying power of other laborers.

    The answer? Scrap the FED, scrap most licensing schemes, scrap the minimum wage and unemployment and let freedom work.

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