Quote:
I live in Santa Fe, NM, a place that has a government forced minimum wage soon to be over $10/hr this January, I think. I've been noticing comments in the local paper about buying local.
|
Wow, that's even higher than the Federal version of the "Teenage Unemployment Bill".
Amazes me, as a small business owner and entrepreneur, why so many would prefer to have people unemployed at $10/hr rather than having jobs available at market determined wages (and agreed upon by the wage earner).
Oh well, I guess the Federal government can always approve more job training programs (and pay for them) as we continue to price entry-level jobs out of the market place!
And as we pay inflated retail for overpriced goods and services (to prop up government wage/price controls), we can always comfort ourselves in the fact that we're "supporting the local economy".
Free market, eh?
Linear Mode
