Time for Action !!
My 2¢ Worth
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My 2¢ Worth
Death by #RaiseTheWage #MinimumWage
#SupplyAndDemand should be the rule when it comes to setting the cost of labor. That is what the Uniform Code of Naturalization and Immigration is supposed to accomplish.
When the government artificially establishes a minimum wage, businesses simply add that cost to the products and services they sell/provide. Have you ever wondered why a loaf of bread and gallon of milk cost so much more today than they did 75 years earlier?
The average US wage in 1910 was 22 cents per hour.
A loaf of bread: 7 cents [3.14 loaves of bread/hour]
Seems that with The Fair Labor Standards Act of 1938, the U.S. minimum wage was initially set at $0.25 per hour
The average US wage in 2019 averages $7.25 dollars per hour.
Bread priced at $2.50 in 2019 [2.09 loaves of bread/hour]
Seems as though we get less for our money as the minimum wage increases.
Immigration and Naturalization, supposedly controlled by Congress, is supposed to only allow immigrants into these united States to increase the number of jobs when our employment rate is high, by encouraging people with valid businesses and the resources to finance its startup or relocation to come in. When businesses legitimately need workers to fill empty jobs; Congress then sends out requests to friendly countries for those with the skills needed for those jobs. in this way, the ration of jobs to citizens to work them always favors the citizen.
When government allows a glut of people from other countries to enter these united States legally or worse yet, illegally, the supply of labor goes sky-high and the people coming over the borders (generally willing to work rock-bottom wages) allow businesses to lay off and fire those they pay higher wages.
When the government artificially inflates the the wage-cost to businesses the businesses actually increase the cost of their products and services in a never-ending battle to maintain profits -- all the while, the works keep getting screwed over.