The Black Informant

African-American culture, news commentary, politics

The Minimum Wage (Neoperspectives.com)

The rational for these laws arise from the government’s premise that the citizens of this country are too stupid and greedy to know what to pay each other for an hourly wage and so have decided to throw employers in jail if they pay their workers less than the government, in it’s infinite wisdom, arbitrarily decides. Some interests groups (unions) make money when their competitors have to raise prices due to their artificially inflated labor costs and so these unions generously donate a portion of their ill-gotten money back to the corrupt politicians who passed the unconstitutional laws. Of course, a minor side effect is that many employers don’t find it particularly advantageous to hire people to work for them at inflated costs. Luckily, most people, notably white male professionals, weren’t directly effected by this as they tend to make more then minimum wage. However, these laws had a huge effect on poor unskilled people, teenagers, and especially poor unskilled African American teenagers in inner city neighboorhoods, who, already being ravaged by the destructiveness of government inflicted welfare, were even further devastated by these policies. In 1954 the minimum wage laws were changed to apply to all sectors of the economy, not just manufacturing, and were soon drastically raised…

…Yet some 90% of African Americans apparently didn’t view the transfer of wealth from their youth to union members as terribly problematic and so continue(d) to vote for Democratic candidates. In fact, the NAACP, National Urban League, and National Council of Negro Women, along with almost every major black political leader, fought to raise the minimum wage in the 1990s…more

Article also includes plenty of graphics!!

April 19, 2005 - Posted by Duane | Uncategorized | | No Comments

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  1. Did you know?

    Trackback by Liberty1st Blog: Red meat for a blue state. | April 19, 2005

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