I am outraged.
Once again republicans in congress have shown their ideologically infused disregard for the minimum wage. They once again shot down an attempt to raise it. Why? Why on earth does republican ideology say the minimum wage is bad or raising it is harmful? The argument i hear is about business and particularly small business- that raising the minimum wage will decrease jobs and be difficult on small business owners.
Firstly this is not going to be a wide-spread truth no matter how dramatic your scenario- secondly- what state has the highest minimum wage in the county? Mine. Washington state, which has more jobs across the board and a much stronger economy than most of the US states... and there very well may be this relationship between the minimum wage and a stronger economy (or there damn well should be according to republican logic (see below))
Reganomics (see: republican ideology economics) claims as its primary principal the notion that when people have more money, they spend more, they then boost the economy and increase job opportunities. This is the logic and reasoning behind all those tax cuts and those recent ones the republicans passed earlier in Bush's career. Ok, we will just assume this is true. So how does the minimum wage hurt the economy again? small business ...what? so...
When people earn more, they spend more (earn more = have more money) so....
By the republicans own logic- by the their own founding economic principal ( people having more money = people spending more= better economy) i have just justified an increase in minimum wage and contradicted their own argument against the minimum wage using their own time honored logic.
I dont feel the need to expand on this, as its pretty basic connect the dots here. The republicans are simply following a confused and literally self-contradicting economic-ideology, without realizing it, they have just turned their backs on the reason(ing) for tax cuts- something they all seem to hold so near and dear.
But, fuck, this makes it seem like its all just a sham.
Lahti
1 year ago
No comments:
Post a Comment