House Republicans yesterday declared "something fishy" about the major tuna company in House Speaker Nancy Pelosi's San Francisco district being exempted from the minimum-wage increase that Democrats approved this week.
"I am shocked," said Rep. Eric Cantor, Virginia Republican and his party's chief deputy whip, noting that Mrs. Pelosi campaigned heavily on promises of honest government. "Now we find out that she is exempting hometown companies from minimum wage. This is exactly the hypocrisy and double talk that we have come to expect from the Democrats."
The only thing that is wrong about this article is that Cantor is "shocked"...Why is that?
Dem's motto: Do as I say, not as I do.
In a side note: I have found the one person this actually helps: High school and college students who work at McDonalds...well done Dem's.
Saturday, January 13, 2007
GOP hits Pelosi's 'hypocrisy' on wage bill
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The Game
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1:18 AM
Labels: liberal hypocracy
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Professor Kurgman, Ph.D., Ph.D., Ph.D., has a hilarious spoof on the current insanity concerning the new price floors socialists want to impose in the labor market.
Daily Kos Debunks Minimum Wage Myths
Ah well, you (in the royal sense of the word) voted for 'em you got 'em.
You may want to read from a source besides the right-slanted Washington Times. Here's an article from The Hill which has some points of interest:
"But the disparity between American Samoa and the Northern Mariana islands' wage policies is nothing new, and the Democrats' minimum wage bill does not mention American Samoa in any way."
"While the Commonwealth of the Northern Mariana Islands (CNMI) has been exempt from any federal minimum wage standards – an exemption that former Majority Leader Tom DeLay (R-Texas) and disgraced lobbyist Jack Abramoff worked for years to protect – Samoa has operated under federal minimum wage laws for years.
"Samoa, however, has a federal wage review board in place that allows it to evaluate the effect incremental increases in its minimum wages would have on the territory’s economy."
Read more here.
Interesting link, Jason. The page's author writes about something that he clearly pulled out of his ass because I read the diary he cites and it bears absolutely no relationship in words or context to what Kurgman has written.
Kurgman also uses the typical wingnut tactic of equating criticism with anger. Any "liberal" or Democrat who criticizes ANYTHING is apparently ANGRY. Nice try at framing but it doesn't work anymore. Not sure it ever did, really.
Jim--
You're completely missing the economic point of the satire.
Making it illegal for citizens to sell their labor at anything less than $12hr when it is only worth $7.50hr is economic nonsense. It is also anti-freedom and anti-American. It would be like some Democrat telling me I can only sell my old Mitsubishi for nothing less than $8,000, when, since it has almost 300,000 miles on it, I'd be lucky to get $500 for it.
Now, I certainly will not be able to sell my car for more than it is worth. Why is the labor market any different? If you believe that I should be allowed to sell my car at any price I desire, there is no reason to believe the case of labor is any different.
Peter Kurgman isn't a real person; it is a spoof of Comrade Paul Krugman, The People's economist, at the New York Slimes. The guy is a Keynesian retread.
I understand that it is a spoof of Krugman. But he was citing mcjoan, not Krugman.
The labor market IS different. I think there is a difference between selling your old Buick and selling your labor in order to eat or pay rent.
"I think there is a difference between selling your old Buick and selling your labor in order to eat or pay rent."
Care to specify how the laws of supply and demand vanish in this particular case, and this case only? For Nobel Laureate economist James M. Buchanan spells out clearly what your astonishing claim entails:
"...no self-respecting economist would claim that increases in the minimum wage increase employment. Such a claim, if seriously advanced, becomes equivalent to a denial that there is even minimum scientific content in economics, and that, in consequence, economists can do nothing but write as advocates for ideological interests. Fortunately, only a handful of economists are willing to throw over the teaching of two centuries; we have not yet become a bevy of camp-following whores.”
Jason quotes Buchanan thusly:
"no self-respecting economist would claim that increases in the minimum wage increase employment."
Who claimed that an increases in the minimum wage increase employment? I didn't. Mcjoan didn't. Sounds like another false strawman.
I also did not claim that the laws of supply and demand vansish. I simply said that there might be something more important than the market when it comes to feeding and housing people.
Just the same Jim, to ignore the teachings of those two centuries will do little to help feed and house those in need or prevent more from suffering from that need.
Jim--
In other words, you want minimum wages, even though they put people out of work, because you believe the unemployment will be marginal and the government can absorb unhired workers through charity.
Over 80% of people making minimum wage live in households that make 40K a year or more, so I'm not convinced food and shelter is an issue. It appears the Dems sadly are promoting making people dependent on government for the sake of making people dependent on government.
The tragedy is that through good intentions, small businesses will suffer, and in many cases perish. It is ironic-- Dems claim to be against behemoths like Walmart, but are punishing the small, local competitors. As usual, the best of intentions, but the worst of results.
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