To The Daily Sun,
Consider the UNINTENDED CONSEQUENCES of raising the minimum wage...
Very soon the employee of the month will have a battery. No place will the battery powered employee arrive quicker than the fast food industry. Chili's and many other chains are already on that track where computers and technology replace humans. Restaurants work on very thin profit margins of 3 to 6 percent... every increase in government and state taxes/wages results in higher costs and reduced profits to owners. Increased costs they pass on directly to customers in the form of higher prices. Forced higher wages delays every future hiring decision. It increases the determination and resolve of business owners to replace paid labor with unpaid computer technology. Waiters, waitresses and front counter personnel at places like MacDonald's and Wendy's are at the highest risk to be replaced in the first wave. The dining experience where you have no human contact except with that of fellow diners is fast on it's way. The computer tablet does not show up late for work, does not demand a raise, (minimum or otherwise), doesn't require the payment of federal payroll taxes, state wage taxes, doesn't know what a holiday is and has never heard the words paid vacation or UNION. The incentive for every business to eliminate labor increases exponentially with it's cost. These most basic principles of economics 101 seem simply above the intelligence of the average Democrat to comprehend. Like Obamacare, they simply ignore that an action can have UNINTENDED CONSEQUENCES that are far more damaging than any benefits.
There is only one way to improve the lives and finances of people in the lower economic strata of society. It is not with with a new tsunami's of welfare. It is not with another avalanches of new taxes or increases to the minimum wage in some desperate, insane search for equality at the bottom of the income scale to make us all feel better. If those Democratic approaches worked, America should be a living utopia. It is not, the country is awash in welfare and poverty. After five years of Democrats leading the country, the vast majority of Americana are sure the next generation will have it worse than they have. If you truly want to lift the lives of the lower economic half. Look east to Honk Kong. It has risen out of the ashes of pain and poverty over the past 75 years to become one of the most prosperous, vibrant and productive economies on earth. It has few taxes on anything, little promised welfare to any one, little poverty, low profile government with minimal regulations to handcuff and throttle business.. Best of all the place is recession proof. It draws unlimited investment from around the world that creates a never ending stream of new businesses with new jobs. A job is the only true path to independence. A better job is the only path from the lowest 20 percent to the highest. There is no other way as the futility of following the democratic, socialist, left leaning solutions have demonstrated for so long.