The View From 1776
Wednesday, February 05, 2014
And Now A Word From Our Sponsor Karl Marx
President Obama, still clinging to his bible The Communist Manifesto, makes class warfare a focal theme for redistributing income. If restaurant chain and Walmart workers can’t unite and throw off their chains, Obama will do it for them with executive orders that by-pass Congress to impose higher minimum wages.
As with almost every element of liberal-progressive (aka, Marxian) doctrine, imposing higher minimum wages does next to nothing directly to create wealth for the workforce. What it does, however, is provide leverage for socialistic labor unions to push up their wages and benefits at the expense of the general public.