Steve G.

Why the minimum wage sucks.

In Democrats, Economics on February 28, 2007 at 8:21 pm

The Democrats passed it a while back, and Dubya rolled over like a little bitch. Everyone was like “OMG YAY NOW TEH POOR WILL FINALLY BE OKAY.” Hell, even Walmart, Soul-Sucking Corporate Enemy Of The People, was cheering for it. It was the feel-good political blockbuster of winter.

But it was a fucking stupid idea, and even though it hasn’t taken effect yet, it’s already started screwing over the poor.

Remember how I mentioned Walmart? Yeah, those bastardfucks were cheering this on because they realized that nobody with money would bother shopping at their store. However, raise the minimum wage and their core consumer base suddenly has a little more spending money… money they’d spend at Walmart. Not only that, but Walmart was already paying $7 and change an hour on average, so raising the minimum wage would only hurt their competition.

That’s not all though!

I went shopping with the $16.50 that the State of Nebraska thinks I earned over the last two weeks (yay severe underreporting of hours! I need a new job) the other day and went to buy soda. Knowing that I couldn’t afford the decent Cherry Coke that I usually buy for $.98, I was prepared to buy the fuck nasty Sam’s Cola because it was $.50. Lo and behold, when I got there, the Cherry Coke was $1.24 and the Sam’s Cola was $.62. Yes, that’s right. The minimum wage hasn’t even HIT yet and they’re already raising prices.

So let’s sum up. Minimum wage rises, throws about 7% of the poor out of a job. On top of that, before the wage even hits, prices for basic consumer goods go up to the point that it’ll negate any wage hike in the first place.

At least I can rest assured that the price of habañero lube that Big Government/Corporate America is using to fuck me up the ass hasn’t gone up. Either that, or they’re just sucking up the cost out of the goodness of their hearts. They rape because they care.

  1. Okay I’ll bite and being a Libertarian I’ll probably get smacked for what I am going to say.
    I wish the LP would get off its dead ass on the inflation issue and then maybe we would not have to discuss the minimum wage issue. If inflation was not wrecking the dollar then there would be no need to increase the minimum wage, but were is the LP’s flyer in inflation?
    Let’s quit beating on the poor folks and pick on the socialist on wall street, or is that the welfare queens of Wall street.
    And Stuart the market minimum is probably higher than what they raised it to so it’ll be no big deal. One job lost to it is too many, but how much can we deal with?
    And the cost of that soft drink is up because of the war and related inflation.
    MHW
    p.s. Most of the Nordic countries do not have minimum wage laws Sweden, and Denmark don’t and maybe Norway and Iceland.

  2. Oh, I have no problem whatsoever with fighting inflation. And as I’m poor myself, I don’t think I’d be beating my own self up.

    Can’t really argue with your economic analysis.

  3. “Remember how I mentioned Walmart? Yeah, those bastardfucks were cheering this on because they realized that nobody with money would bother shopping at their store. However, raise the minimum wage and their core consumer base suddenly has a little more spending money… money they’d spend at Walmart. Not only that, but Walmart was already paying $7 and change an hour on average, so raising the minimum wage would only hurt their competition.”

    This is not the real reason that Wal-Mart is in favor of minimum wage increases. The real reason that they support it is because they know that it hurts smaller businesses and therefore helps eliminate competition against Wal-Mart.

  4. For anyone just joining us who has not been to page 2 yet our walmart coverage continues at

    http://www.lastfreevoice.com/2007/02/17/wal-mart-the-corporate-welfare-queen/

  5. Stuart
    Could you please call me I have a question off line
    770-861-5855

  6. All right, I’ve copied the number down… do you want me to edit it out of your post for privacy’s sake?

  7. No I post it every where. If anyone needs help on campaigns they can always call me or in the case of most of you people that write for this blog you might need some help being bailed out of jail :)

  8. All right… that works. I’ll try calling you tomorrow.

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