Should Minimum Wage Be Raised?

     We have all heard the arguments about raising minimum wage, some say it will increase layoffs or raise merchandise pricing and others say it will decrease poverty and the income inequality gap. so lets look at some facts about the issue right now.

1. According to Investors Report Daily 38% of employers would cut staff in response to minimum wage increases. That means more unemployment.
2. San Francisco raised minimum wage a decade ago and it seems to have worked out well for the state economy.
3. A raise in minimum wage will coincide with an increase in merchandise cost and in effect canceling out the raise in the first place.
4. As union membership decreases minimum wage goes along with it.

If minimum wage workers get a raise shouldn't everyone else get an equal raise?

     

     So by these facts and and a little bit of common sense we can determine that raising minimum wage is not the job of congress, but the job of the labor unions and the responsibility ow workers to join these unions if they wish to be represented on an income level.

     People may not want to admit it but we as individuals have value and that value also correspond to supply and demand. We are guaranteed life liberty and the pursuit of happiness. If you are reading this, you are alive. You are free to do do whatever you wish if you are not concerned with legal repercussions. and you may pursue higher income, higher education or whatever makes you happy. these freedoms will make or break you, after-all you were using these freedoms to choose not to do what it takes to be a step ahead of your peers and now you have the freedom to decide what to do next.  

By Kevin Locks

The Problem Of The 1 Percent?

     I am not a big fan of the rich, but I am a big fan of a high GDP, and country with the richest of rich tend to have the highest GDP's regardless of income inequality. Some say that income inequality is worse today than its's ever been but I disagree. Look at the peasant and king or the slave and the master or the proletariat and the bourgeoisie. Today's income gap is business as usual for the people of the world and that's something we just have to get over.

     That's not to say we can't do things better, for example i think the key to stopping class warfare is simple. Tax, a flat rate percentage tax regardless of income. It's that simple, the powers at be definitely know it but that is an issue that both parties can use for control and distraction.

   Another idea is a 22-25 percent tax on inheritance. This might sound outrageous but my military bonus is taxed at 22 percent and I risk violent death as opposed to some grandson of a billionaire becoming the 3rd generation of his family not doing anything but moving money to make it. Now as much as I would love to hand down any future wealth of mine to my family we must stop these people from coasting generation to generation providing nothing for our country.

     Massive corporate fines on things like environmental damage and worker abuse and currency related crimes is another to keep the rich working for their money. NO business is to big to fail and when we believe one is and support tax theft to bail them out we stop a better business from making its rise.

     In closing I don't hate the rich and neither should you. we should however make sure the rich have to work to stay rich.

   By Kevin Locks