To The Daily Sun,
Democrats are demanding an increase in the minimum wage. They just can't decide how much to raise it. Our president thinks $10.10 an hour would be just about right. Fast food workers think $15 an hour is just about right. Well, why not $25 an hour or even $50 an hour. If we make it $100 an hour then no one will need welfare.
So, all you small- and medium-sized-business owners, the backbone of our economy, what are you waiting for? What's that you say? There would be no profit and hence no incentive to stay in business at the $10 to $15 an hour starting pay. Businesses would close en masse and unemployment would soar. At $10.10 per hour, hiring will stagnate which will hurt young folks trying to get into the workforce for the first time. Approximately 30 percent of minimum wage workers are under the age of 30.
Please check out these realities for the young among us according to Nick Pappas, N.H. director for Generation Opportunity. (1) The vast majority of minimum wage earners in our state are young citizens working part-time or entry-level jobs to make some extra cash after school or just to gain work experience. (2) A minimum wage hike only serves to raise the barriers to entry. (3) Youth unemployment is nearly 16 percent and has remained at historic highs for the past five years. Raising the minimum wage will only exacerbate the plight of the young who are already subsidizing the elderly through Social Security and now Obamacare. Raising the minimum wage so drastically and so quickly will hurt the poor and low-skilled workers the most. Automation will accelerate, causing fewer available jobs. The price of some goods will increase, hurting the poorest among us.
An executive research firm, The Lucas Group recent report explains that the 40 percent proposed wage increase would slow business expansion, cause hiring freezes and even cause some business closures. The service industry would be especially hard hit. The Congressional Budget Office reports that raising the minimum wage to $10.10 could kill up to 1 million jobs.
Fred Wszolek boils down the real winners in this "cycle of minimum wage economics." Higher minimum wages equals higher union dues. Some jobs disappear while money pours into the coffers of big labor with which to fund Democrats running for re-election. So Fred says that there are indeed winners — politicians in Washington and their big labor allies.
History has shown that when government gets out of the way, the private sector engine of free enterprise roars into action. President Obama, with no real-world experience, thinks he knows better. With as much expertise as Wile E. Coyote setting an ACME trap for the roadrunners, he shuns Congress, pounds his chest and commands, "America does not stand still — and neither will I. So wherever and whenever I can take steps without legislation to expand opportunity for more American families, that's what I'm going to do."
The imperialist president has spoken while the economy continues to sag and the labor participation rate is now the lowest since 1978. Why some still believe Obama actually likes the country he was elected to preserve is the mystery of the decade. He is making sure we are no more exceptional than any other country. The liberal good intentions of the minimum wage hike, especially if enacted in such a reckless and capricious manner, will add just one more nail to the coffin of our president's failed five year jobs recovery.
Last Updated on Wednesday, 11 June 2014 09:44
To The Daily Sun,
Back in the days of the Seabrook nuclear plant's building we became familiar with the idea of C.W.I.P. — construction-work-in-progress charges. I still keep an old Gov. Gallen election sign that's pro-Gallen and anti-C.W.I.P. Utilities wanted to expand by building expensive plants and getting construction money through rates charged to consumers.
There could be no end in sight, this financing plan. Wonderful for the utility, very tough on the consumers who do need our electricity, so are captive.
Now, I wonder if so-outrageously high student debt is not a failure of similar financial-planning thinking. Our higher educational institutions, competing for students as businesses do for customers, expand their campus extras, those showy amenities (what some people call furbelows) that let them compete. Students pay higher tuition and higher and higher to cover the campus's costs. Students and their families are captive, because numbers show that adult financial security is more likely with a college degree.
Sen. Elizabeth Warren's new student loan bill that allows people to refinance their student loans at a low rate, an option currently denied to most borrowers by federal rules, would help to alleviate the problem. We should encourage our Republican Sen. Ayotte and our Democratic Sen. Shaheen to sign on to the bill. New Hampshire students are among the most indebted in the country. But in the long run, we need affordable or free four-year degree institutions. Community colleges give the basics for two years without the alluring live-in and furbelow promotions. Four-year institutions, especially public ones, should fix their business heads and renew their vows to provide an affordable education, cut back on showy extras that get put in place and then need maintenance just as a more-than-basic house does.
Lynn Rudmin Chong
Last Updated on Wednesday, 11 June 2014 09:40
To The Daily Sun,
I read the article in your paper about a (Gilford) parent getting arrested. Down in (New) Jersey, we would say, "Now, that's ghetto."
Poor conservative parent who actually has some involvement with what their kids doing at school.
The other parents should have taken notice; this was a learning moment but they missed the boat by complaining that the guy "spoke out of turn, or his time was up". What kind of crap is that? The guy has a ligit gripe and he gets arrested?
Here's a good question: Why don't the cops go the the town beach and arrest every high school foulmouthed girl running around after school.
I was in town the last few days and visited the beach while here and saw and heard just that. All your prima donas (expletive) this and (expletive) that, all for everyone to hear.
The problem is this: most parents are clueless and don't give a hoot where there daughters are as long as there out of their hair.
The guy at the meeting was representing his whole community and he didn't even know it. How? Simple, school lets kids read this kind of ("Nineteen Minutes") material and the impressionable little darlings grow up to be a bunch of you know whats, flooding our communities, breaking down the very fabric of any goodness.
And the board members say "Oh, they did a good job". Let's see how your kids are doing in five or 10 years.
Finally, someone who gives a damn has enough passion for what's good and right to get arrested and all you idiots can do is quietly giggle amongst your little cliques.
Oak Ridge, N.J.
Last Updated on Wednesday, 11 June 2014 09:36
To The Daily Sun,
I'm always amazed at how much stays the same in Laconia and the Lakes Region: Te beauty of the lake, favorite restaurants, the same people posting the same endless letters in The Laconia Daily Sun, with the same old "talking points."
Bob Meade fits right in with his disproved list of "concerns" about raising the minimum wage.
There are so many very-low-wage workers, and we pay for huge social welfare programs for them. Paying a decent salary would save something on the order of tens of billions of dollars. Raising the minimum wage will help curb government spending on social services, strengthen the economy.
Doesn't it make more sense for employers to pay their workers then passing the cost to the government?
In a recorded message, a McDonald's employee who reported not being able to make ends meet was advised to sign up for food stamps and other government assistance programs. McDonald's is really the one getting government subsidies. They can pay a low wage and keep their high profits.
Last Updated on Wednesday, 11 June 2014 09:31
To The Daily Sun,
Well, finally Hillary Clinton has explained it all. She relied on the "experts" about security in Libya and Benghazi. Now we're all just supposed to move on and forget about it, I guess. Really?
One question: just who were these "experts" and how come they were so wrong? Look the British, French and everyone else had pulled their diplomats out, so how come we didn't? The place was a snake pit before the "Arab spring" and was worse after. That facility had been attacked before as had those of other nations' facilities, so why was security so lacking? Where were the Libyan security forces? Why wasn't there anyone on alert on the 9-11 anniversary especially in that region of the world? And then there was that cock and bull story, cover-up after, just weeks before the election. Nothing suspicious here just move on, Hillary says. Forget the whole thing.
I'm sorry. I did say just one question, didn't I? Well I guess there are a lot of questions we still have after all this time that does make a difference, at least to those of us that care and don't have their eye on running for president. I have to think Hillary must be in the running for victim of the year to hear the left spin it. Tying her wagon to Obama's, laughingly called, foreign policy has to be the dumbest thing this woman has done in a career full of dumb things. (My opinion).
The Obama policy has been full of appeasement to some of the worst, most-abusive nations in term of human rights and aggressive mindedness. Traditional allies have been treated more like after-thoughts or ignored, or worse, while Islamic terror support groups, like CAIR, are given an open door to the White House.
Now we have Obama releasing five of the worst, most dangerous terrorists in the world in a trade for a suspected deserter. Two of these guys are wanted by the U.N. for crimes against humanity. What are we to make of this?
Last Updated on Tuesday, 10 June 2014 09:58