• Setup menu at Appearance » Menus and assign menu to Top Bar Navigation
Thursday, June 30, 2022
No Result
View All Result
The Hub Press
  • Top News
  • World
  • Politics
  • Business
  • Sports
  • Travel
  • Health
  • News TV
  • Lifestyle
  • Science
  • Entertainment
  • Top News
  • World
  • Politics
  • Business
  • Sports
  • Travel
  • Health
  • News TV
  • Lifestyle
  • Science
  • Entertainment
No Result
View All Result
The Hub Press
No Result
View All Result
Home Top News

Bernie Sanders’s Case for Raising the Minimum Wage Falls Apart

by Thehub Press
June 3, 2021
in Top News
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter


“[I]n my view, it all comes down to this.  Are you on the side of the working people in America who desperately need a raise?  Or are you on the side of the wealthy and the powerful who want to continue exploiting their workers and paying starvation wages?  It ain’t more complicated than that.”

This is a comment from my high school fellow track team buddy, the junior senator from Vermont.

Bernie Sanders is wrong; it is quite a bit more complicated than that.  If it were that simple, why, oh, why do advocates of this pernicious legislation merely call for a stinking, lousy, cheap-skatey $15 per hour?  Wouldn’t an hourly $25, or $50, or $150 show even more support for the working class?  The senator from Vermont is forever waxing eloquent about a “living wage.”  Surely these other figures are more “livable” than his $15!

But even with regard to that niggardly $15, Bernie says this: “I am offering an amendment today with Majority Leader Schumer, Senator Patty Murray, Senator Ron Wyden, and many others in this Chamber to gradually increase the minimum wage to $15 an hour by 2025.”

But why gradually?  According to his lights, the poor are suffering, grievously, by presently being underpaid.  Why, oh, why do they have to wait until 2025 to be completely rescued?

Senator Sanders says: “Nobody in America can survive on $7.25 an hour, $9 an hour, or $12 an hour.  We need an economy in which all of our workers earn at least a living wage.”  How does he square this with his espoused gradualism?

If there were someone in need of a full dose of penicillin, Dr. B. Sanders would administer it to him right away, this minute.  He would not do it gradually, bit by bit, more each year until the full dose finally reached the patient in, of all years, 2025.  Enquiring minds want to know about this present postponement.

In Bernie’s recent Senate speech, he also said this: “For too long, Congress has responded to the needs of the wealthy and the powerful.  Now it is time to respond to the needs of working families — black and white, Latino, Native American[.]”

Bernie doesn’t seem to realize that before the advent of this vicious legislation, in the 1930s, the unemployment rate of whites and blacks, youngsters and the middle-aged was about equal; all were within a few points of each other.  But due to the minimum wage law, the unemployment rate of teens is double that of adults, and blacks suffer twice the rate of unemployment of whites.  Black young people suffer from quadruple the unemployment rate of middle-aged whites!

Read the Whole Article


The Best of Walter E. Block



CNN

Thehub Press

Thehub Press

Next Post

Andrew Yang blasts Eric Adams with 'corruption' allegations in heated NYC Democratic mayoral debate

Recommended

No Content Available




  • Top News
  • World
  • Politics
  • Business
  • Sports
  • Travel
  • Health
  • News TV
  • Lifestyle
  • Science
  • Entertainment

© 2019 Thehub.Press

No Result
View All Result
  • Top News
  • World
  • Politics
  • Business
  • Sports
  • Travel
  • Health
  • News TV
  • Lifestyle
  • Science
  • Entertainment

© 2019 Thehub.Press