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cartoon Thumnail

Minimum Wage

Category: Obama 920 Views
Cartoon Blog :

Classic example of federal government meddling. Click here to learn how American Samoa's economy was destroyed by the last minimum wage increase. What's better? Employment at market wages or unemployment at high wages?   When Big Gov. meddles, the blowback is worse than the problem they're "solving".  Our economy is a disaster and we keep raising the minimum wage.  Why not make it $20/hr. so everyone can make a nice living?   Here's the cartoon math... 6 x 1 = 5 x 1.2 Any reasonable business owner is either going to keep costs constant by laying off staff or simply pass the higher costs on with higher prices.  Duh.

Posted by Jon On 08/09/2010 at 6:08 am



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