The Poor Take Another Punch in New York City

05:15
Mayor de Blasio of New York City has issued an executive order raising the minimum wage in the city from $ 11.90 to $ 13.13.  This will not effect many New Yorkers. The upper middle incomes and the affluent will hardly be affected at all, which is probably why they support the increase.

I am reminded of Marie Antoinette's comment: "Let Them Eat Cake."

The people that will be affected are mainly people at the bottom of the economic pile.  For many of them, the minimum wage law is a "prohibition law."  It prohibts the low-skilled person from being employed.  Minimum wage laws make it a crime to have a job unless your skill set reaches a particular minimum.  New York City's deBlasio just raised that minimum.

To be fair to all, deBlasio ought to raise the minimum wage to $ 200 per hour so that well-off New Yorkers can be prohibited by law from working as well.  Why are just the folks at the bottom of the pile deemed criminals for taking a job.  Why not apply the same reasoning to everyone?

Why are laws criminalizing employment thought by the left to be good ideas?  I think the only way to get the left to appreciate the harmful impact of such laws is to raise the minimum wage to $ 200, so that such laws will affect the affluent left, like deBlasio, as well.

Share this :

BÀI VIẾT LIÊN QUAN

0 Nhận Xét