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Saturday, April 05, 2008

Hillary Gives An Unwitting Lesson About The Minimum Wage

Last night Hillary Clinton appeared on The Tonight Show with Jay Leno and told this story about a little boy she met in Indianapolis (story begins at about 1:11).

Here’s a transcript of her story:

I was in Indianapolis the other day and I was shaking hands after I spoke. And there was this young boy about eleven years old and he’s trying to tell me something—you know the crowd was yelling—so I leaned over and he said, “You know, my mom makes minimum wage and even though it went up, her hours were cut. So we’re not making any more money. Can you help her?” You know, when somebody says something like that to you, it really does kind of energize me.  I think, yeah, I can, I’m going to really try to help you, because this is wrong. And everywhere I go I hear stories like that about veterans who don’t get health care, about people, who are, you know, losing their jobs, and I think we can do so much better. So for me it’s just get up every day and fight on because this country’s worth fighting for.

After Hillary finishes the story she launches into a litany of American economic woe - including bemoaning of money borrowed from China and middle class people barely scraping by - but the best point she made in her entire populist speech was the one about the mother getting less hours after minimum wage went up.

One point against the minimum wage made over and over again by people like myself is that by increasing the cost of low-wage labor you actually reduce demand for low-wage labor.  Minimum wage jobs are, by definition, the least important jobs at a given business.  Thus they are the most expendable.  If you artificially inflate the price of the labor doing those jobs, business owners are just going to make do with less of that labor.

In short: This kid’s mom had her hours cut in half because people like Hillary Clinton raised the minimum wage.

That’s if this kid even existed in the first place.  The odds that Hillary managed to meet one of the 0.033% of American workers who actually make the minimum wage is pretty slim.

Comments

Avatar for halatbis

I agree, it is always a surprise to me how these politicians have a tear-jerking story about someone, who,through no fault of their own, have been savaged by this oppressive free enterprise system.  Hillary “heard” this heartfelt plea and she will turn the national economic system on its head to make it right for this kid’s mom.  Right!

halatbis on April 5, 2008 at 08:17 am

Rob.  I agree with the 0.033% figure.  I think that liberals use the term minimum wage in loose terms when it helps them win cheap points, (which is in the communist manifesto)

The average price of wage-labour is the minimum wage

as opposed to what is normally referred to as the federal minimum wage which will be $6.55 this year.  In this “story”, the proverbial single mom, just trying to make it in the world.... etc.  She made some choices.  Did she complete High School, stay off drugs as well as nicotine and alcohol?  Did she abstain from premarital sex?  Is she married?  Has she avoided breaking laws?  All these questions are not revealed.  I personally know a few people in this very category who do not even have a HS diploma who are making about double the minimum wage and are 40+ hour employees.  I would be glad to debate this farce with anyone.


Communism is evil

Chief RZ on April 5, 2008 at 08:27 am
Rob
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I think this kid, if there was in fact a kid, needs to be told that he and his mother need to accomplish things for themselves instead of waiting around for some politician to do it for them.


When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

-- Thomas Jefferson

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Rob on April 5, 2008 at 09:23 am

Here in Missouri, they tied the state minimum wage to the “cost of living” which of course rises with each minimum wage increase, which of course triggers another minimum wage increase, etc. etc. etc…

I am surprised the Congress didn’t try this budget buster out as well.

The little Kennedy declared all of America’s troubles were caused by capitalism today in Hawaii (as opposed to good old fashioned bootlegging I suppose)

How have we gotten in this shape!

golfmann on April 5, 2008 at 09:25 am
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Here in Missouri, they tied the state minimum wage to the “cost of living” which of course rises with each minimum wage increase, which of course triggers another minimum wage increase, etc. etc. etc…

For them that’s a feature, not a bug.


When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

-- Thomas Jefferson

Rob’s recently listened-to songs:

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Rob on April 5, 2008 at 09:30 am

Time will tell how devistating this “feature” will be to what used to be called the Show Me State.

golfmann on April 5, 2008 at 09:34 am

I am so-o-o disappointed in the state of our economic understanding in the US today .  It seems that countries around the world have learned from us the benefits of low, flat tax rates and limited govt. intervention in the marketplace, but we the providers of the great example of Reaganomics are preparing to make some of the largest economic errors in our history, at least since Hoover and Roosevelt.  I dread the impact of the dems controlling all branches of govt.  Why didn’t Leno make Rob’s point right then and there, right after Hil spouted this nonsense?

Zsa Zsa on April 5, 2008 at 01:28 pm

The employers can’t afford Hillary’s “help”.

Hillary, as well as every leftist, are annoying uninvited guests who crashed the party. The bitch needs to butt out.

likwidshoe on April 5, 2008 at 01:48 pm

Hillary should tell that woman how to make $100,000 from a $1,000 dollar investment like she did.

Mickey on April 5, 2008 at 07:47 pm
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