Tuesday, March 19, 2013

More on the "Minimum Wage" con game--Kipling warned us.....

Come to think of it, mandating higher wages is also a clever “ghost” tax hike on the part of the Left.

Some taxes, like the property tax, are obvious, because they hit with a noticeable impact. Ditto for hiked sales taxes percentages and spiked user and registration fees.

But a gradual spiraling cost mandate, imposed on private industry? Not so noticeable.

So the minimum wage mandate is a “ghost” tax increase.

The average working stiff will believe government when it blames “big business” (which in reality is ALL commerce) when Commerce responds to the government created price spiral by raising prices in order to keep investment returns and purchasing power up to snuff.

Wages rise, then prices rise to cover wages, and higher wages are demanded yet again to keep up with increased prices, and we all play a game of “leapfrog” that no one can win because there is no finish line.

And the inflation/stagflation will just come back with a vengeance, as the price of the higher wage gets passed on to the consumer. And suddenly the “living wage” isn’t liveable anymore….the dupes who cheer this on can’t see more than one step ahead.

To paraphrase that Rudyard Kipling poem, "The Gods Of The Copybook Headings":
“And so the leftist progressives, promised abundance for all,
By robbing selected Peter, to pay for collective Paul,
And though we had more and more money, Less and Less that our money would buy,
And the free market economists shook their heads and said “if you don’t work you die.”

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