Re: Minimum Wage Led to Job Loss...Just as Predicted

"The_Carpathia" <writingken@[EMAIL PROTECTED]
> wrote in message
news:cf9b1633-f1fe-4320-bce3-1b0123b37937@[EMAIL PROTECTED]
> When the minimum wage was being increased, a whole host of people,
> including myself, said that this would lead to unemployment, as
> employers were faced with the same human resources budget to pay out
> at a higher rate.  It was simple math, but a lot of liberals said that
> it wouldn't happen.  They suggested that paying a higher minimum wage
> would not lead to less jobs (though they couldn't explain how that
> would keep from happening).
>
> Well, now, it's happening....
> http://news.yahoo.com/s/ap/20080502/ap_on_bi_go_ec_fi/economy
>
> Faced with rising human resource cost and the same money, employers
> (from private businesses to public school districts) ARE hiring less
> people, and all of the newly unemployed can thank the Democrat
> proposal to raise the minimum wage for their pink slip.  The irony
> here (almost funny) is that the Democrats have made it really hard on
> their next President (when they win the next election), being given a
> tight job market, rising (and unaddressed) social security issues,
> rising (and unaddressed) medicare issues, student loan interest rates,
> and much more that they just kept pu****ng off to later.
>
> Kenneth Clifton

Libs have proved them selves to be poor judge of character, poor money
managers and poor social engineers