Tag Archives: Minimum Wage

Obama Stumping Minimum Wage Bump

I’m holding out for a time when a politician is publically shamed on-air for being a fraud. Picture this: The President is feeding the line that your worth more pay, that the minimum wage should be raised or that a living-wage should be a national standard and then someone in the audience opines; “if you really believe what you say then shouldn’t you take a pay cut!”

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Indexing Minimum Wage

Having addressed the issue in previous posts, there remains an additional component that merits consideration: Market value (however not in the manner one might think.) The great contest that yet remains to be resolved is how to address the implicit value represented by access-to-market. In the nation-state as it is enterprise (most typically multinationals) views the American marketplace as a crop to be harvested and the workforce as fertilizer.

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An Asymmetric Economic Recovery:

The Administration loves to talk “Income Disparity” but what they won’t tell you is that the greatest growth in the void is caused by the plunging household incomes of middle-America. Of course the government lunatics will suggest that the cure lies in increasing the minimum wage and thanks to Obamacare they may have actually stumbled upon a tragic fact. As ACA takes further affect and becomes applicable to employers with larger workforces it is a fact that the costs associated with implementing ACA will likely make the economics such that it’s more cost-effective for employers to increasingly favor part-time employment.

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ON AIR with Host Mike Miller of WIMA 1150

The Foundations Weekly OnPoint Series continues with Host Mike Miller of 1150 WIMA in Lima, Ohio and Policy Analyst, Curtis Greco, featuring: “Living vs. Minimum Wage – The Plight of Downwardly-Mobile Middle America.” This vignette appears throughout the week during Michael’s 6-9 a.m. (ET) Show. Ohio’s In-Tune & In-Touch Host, catch him Live in-market or online at 1150wima.com .

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Garnishing Minimum Wage

This historical relevance and application of an Entry Level Wage should not be set aside for the narrow view that suggest equity should exist between what has become known as a Living Wage (LW) and the Minimum Wage (MW); the idea ignores a critical distinction and merely serves to ease political-expedience.

Currently, with a National Labor Participation Rate softly at 63 percent how sustainable is it to use the Minimum (Entry) Wage as a tool for creating a sustainable Living Wage. Surely there is cause to Index MW for inflation however any argument in favor of the LW/MW movement ignores just how irrational it is to believe Low Tier Jobs are capable (or even favorable) of supporting nearly 40% of the Labor Pool; doing so will only serve as a justification accelerating the Downwardly Mobile Drive toward further Economic Deprivation.

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