To comment on the proposed IRS regulation to restrict the Freedom of Speech of conservative groups:
http://www.regulations.gov/#!submitComment;D=IRS-2013-0038-0001
—
From: http://townhall.com/columnists/walterewilliams/2014/01/08/politics-and-minimum-wage-n1772533/page/full
“Politics and Minimum Wage
Walter E. Williams
January 8, 2014
There’s little debate among academic economists about the effect of minimum wages. University of California, Irvine economist David Neumark has examined more than 100 major academic studies on the minimum wage. He reports that 85 percent of the studies ‘find a negative employment effect on low-skilled workers (Of course! If not, why not have a minimum wage of $100 per hour? The cost of labor is not isolated from other factors in the costs of production! It operates on supply and demand just like all other costs!—my addition).’ A 1976 American Economic Association survey found that 90 percent of its members agreed that increasing the minimum wage raises unemployment among young and unskilled workers. A 1990 survey reported in the American Economic Review (1992) found that 80 percent of economists agreed with the statement that increases in the minimum wage cause unemployment among the youth and low-skilled. If you’re searching for a consensus in a field of study, most of the time you can examine the field’s introductory and intermediate college textbooks. Economics textbooks that mention the minimum wage say that it increases unemployment for the least skilled worker (My use of red. So much for the Obama Administration being a champion for the poor! It is a LIE! He either does not know basic economics, which is quite possible. Or he does not care, which is also quite possible!—my addition) The only significant debate about the minimum wage is the magnitude of its effect. Some studies argue that a 10 percent increase in the minimum wage will cause a 1 percent increase in unemployment, whereas others predict a higher increase.
How about the politics of the minimum wage? In the political arena, one dumps on people who can’t dump back on him. Minimum wages have their greatest unemployment impact on the least skilled worker. After all, who’s going to pay a worker an hourly wage of $10 if that worker is so unfortunate as to have skills that enable him to produce only $5 worth of value per hour (Not anyone who wants to stay in business. The cost of the worker, in the long run, MUST be lower than the value produced by the worker. That is just common sense! Would you give me $15 for an ordinary, everyday $10 bill? Would President Obama? Yet, that is what he wants businesses to do! He wants to force them to do it!—my addition)? Who are these workers? For the most part, they are low-skilled teens or young adults, most of whom are poorly educated blacks and Latinos. The unemployment statistics in our urban areas confirm this prediction, with teen unemployment rates as high as 50 percent (And impacting Black teens more than other racial groups! Our first “Black” President has been a disaster for the overall Black population in this country! And that is a fact!—my addition) .
The politics of the minimum wage are simple. No congressman or president owes his office to the poorly educated black and Latino youth vote. Moreover, the victims of the minimum wage do not know why they suffer high unemployment, and neither do most of their ‘benefactors.’ Minimum wage beneficiaries are highly organized, and they do have the necessary political clout to get Congress to price their low-skilled competition out of the market so they can demand higher wages (And that is the point! Minimum wage laws restrict competition in the labor market by pricing unskilled workers out of the market!—my addition). Concerned about the devastating unemployment effects of the minimum wage, Republican politicians have long resisted increases in the minimum wage, but that makes no political sense. The reason is the beneficiaries of preventing increases in the minimum wage don’t vote Republican no matter what; where’s the political quid pro quo (However, it is the right, principled action to take for the good of the nation!—my addition)?
Higher-skilled and union workers are not the only beneficiaries of higher minimum wages. Among other beneficiaries are manufacturers who produce substitutes for workers. A recent example of this is Wawa’s experiment with customers using touch screens as substitutes for counter clerks. A customer at the convenience store selects his order from a touch screen. He takes a printed slip to the cashier to pay for it while it’s being filled (You see a similar situation in grocery stores with self-checkout stations. You are the unpaid clerk. The machine takes the place of the paid clerk! The cost is less or the stores would not do it! The low income worker who demands a high minimum wage is demanding that their own labor be priced out of the market! It is self-destructive!—my addition). I imagine that soon the customer’s interaction with the cashier will be eliminated with a swipe of a credit card. Raising the minimum wage and other employment costs speeds up the automation process. I’m old enough to remember attendants at gasoline stations and theater ushers, who are virtually absent today. It’s not because today’s Americans like to smell gasoline fumes and stumble down the aisles in the dark to find their seat. The minimum wage law has eliminated such jobs.
Finally, there’s a nastier side to support for minimum wage laws, documented in my book ‘Race and Economics: How Much Can Be Blamed on Discrimination (The author of this article is a Black economist and one of the best economists I know!—my addition)?’ During South Africa’s apartheid era, racist labor unions were the country’s major supporters of minimum wage laws for blacks (Deviously clever! Pricing the competition workers out of the market! And to the uninformed, how can one call them racist?—my addition). Their stated intention was to protect white workers from having to compete with lower-wage black workers. Our nation’s first minimum wage law, the Davis-Bacon Act of 1931, had racist motivation. Among the widespread racist sentiment was that of American Federation of Labor President William Green, who complained, ‘Colored labor is being sought to demoralize wage rates.’
Why do governments think they are more competent to set the cost of labor for a business than the actual business owners? Because they are dealing with other people’s money? In impact, it is State sanctioned stealing. Three things could happen with minimum wage laws (A fourth being some combination of the three).
1) The business has less employees because it can only afford 2 instead of three or pays higher earning employees less [Stealing from the workers]
2) The cost of the goods and services sold increases in price [Stealing from the customers]
3) The owner loses profit and at some point, if he loses too much profit, will go out of business (Profit, of course, is the owners wages!) [Stealing from the owners].
It is impossible to have a State sanctioned minimum wage in a vacuum! And the State is the one stealing NOT the business owners!
—
This is my two part suggestion to Tea Party groups, social conservatives, Constitutionalists, and anyone else who wants to save our Republic from the approaching destruction.
1) Run as many conservative candidates in as many Republican primaries as possible.
2) Then, run as many independent and/or third party candidates as possible in as many races as possible where we did not win the primary.
That is why I am working to get the Constitution Party on the ballot in Texas. If we get on the ballot, we will have two Congressional House candidates running and two State candidates running. Getting on the ballot is the first step. Winning elections is the second. Winning elections will grow the Party. The Constitution Party is much more in line with the Tea Party movement than is the Republican Party. And I have been involved with all three!
—
http://cptexas.us/home/
—
If elected to Congress, I will not, under any circumstances, vote for present Speaker of the House John Boehner to be Speaker of the House. I call on every Republican primary candidate running in Texas Congressional District 19 to publicly (in writing) make the same pledge. It would not be a bad idea for every Republican candidate running for the House of Representatives to give the same pledge. See my post at http://christiangunslinger3.blogspot.com on December 16, 2013 entitled “Speaker of the House John Boehner Attacks the Tea Party Again for Being Fiscally Responsible!”
—
If I am elected to the House, I will use the Constitution, as written, to do everything in my power to stop judicial tyranny! Will the other candidates pledge the same? I know our present Representative has NOT done everything possible to stop judicial tyranny! Why is that?
—
Competition is good for the economy and competition is good for the Republican Party!!! Competition keeps Congressmen committed to we the people!!! Primary Republicans who do not support the Constitution as written.
—
http://cptexas.us/home/
