No Institution Left Unregulated: Obama’s War on Food Co-ops

I’ve never been part of a food co-op and that is probably because my politics are right of center. Somehow I have always thought of food co-ops as a product of the left. Perhaps I am wrong but that has been my impression. But I also realized they were unique among Left-leaning endeavors. Unlike minimum wage law or soda size restrictions, food co-ops are a private creation in the marketplace that are not driven by coercion. They are sustained by the voluntary cooperation of their members. So Read more […]

Court Upholds Appeal to St Louis City Wage Increase Law

An ordinance passed in August by Mayor Francis Slay and the St. Louis City Board of Aldermen to raise the municipality’s minimum wage from the current state mandated $7.65 per hour to $11 per hour by 2018 was struck down by a circuit judge today. On the local news tonight, the reporter bemoaned the fact that minimum wage earners in the City of St. Louis would have to continue to struggle to put food on the table.  While it is true that an additional $3.35 an hour ($146 per week) is enough money Read more […]

Minimum Wage Lesson: Union That Campaigned for It Wants Exemption

The union officials who demanded no exceptions to the Los Angeles minimum wage hike are now giving us a minimum wage lesson by asking for an exception. Minimum wage increases don’t increase unemployment, they argue. Or, rather, they assert. There is no argument. But then suddenly the truth comes out when the very people arguing that a higher minimum wage must be inflicted on all businesses without exception suddenly demand an exception in order to increase union employment. From the Los Read more […]

Daily Beast Writer Figured Out Minimum Wage Hurts Poor

She writes as if she hates admitting that real economists have said for centuries that raising the minimum wage hurts poor people. Even as she raises the issue she tries to make “conservative economists” appear unreliable: This week, the Los Angeles City Council voted to increase its minimum wage to $15 an hour, from the current $9, by 2020, joining the ranks of other liberal cities like Seattle and San Francisco who are acting despite federal inaction on the issue. But L.A. is the largest Read more […]

Independent Bookstore Closes Due to Minimum Wage Hike

How is minimum wage going to help people when it takes away their jobs? Here is the website of one of those glorious independent bookstores. From the store’s About web page: We love books. They’re our friends. Good books and bad books, 1st editions and beat up paperbacks. We love how they smell, how they feel, and the way they sound when you open them (A customer once said that he liked how they tasted. . . we watch him very carefully when he’s in the store).  We read voraciously. We Read more […]

How Economists Hide Damage of Minimum Wage Laws

Minimum wage laws are hurting us more than we are being told—the truth is hidden by a simple trick. People constantly assure us that minimum wage will be helpful. When confronted with economic reality, however, many then change tactics. They promise that the damage done by minimum wage law will be minimal. That admission by itself should alert us that minimum wage law is a curse rather than a blessing, but the defense of minimum wage laws is quite subversive. It fools even the skeptical Read more […]

Study Calculates How Many Jobs Lost to Minimum Wage Law

It makes good sense to believe that a minimum wage law destroys jobs. Common sense will point out to you that, if a company is struggling, its revenue cannot increase if they are forced to pay more for employees. For example, what would happen to McDonald’s, which is already struggling, if every employee was paid double? And now there is more evidence. reports: “Study Claims Minimum Wage Increase Cost Americans 1.4 Million U.S. Jobs.” A new study by researchers Jeffrey Read more […]

McDonald’s Sales Collapsing from Obama Recovery

McDonald’s sales have declined drastically in the last month. Why should conservatives care about a fast food chain? There are two special reasons. The first is that we are constantly bombarded with propaganda about a “living wage” or at least an increase in the minimum wage law. Obviously, McDonald’s cannot afford that. Unions and other liberals continue to treat McDonald’s as a hoarder of money, when they are in fact a vulnerable group of restaurants. The other reason is that it Read more […]

Minimum Wage Vote Proves Ignorance Still a Majority

The November 4 elections included a minimum wage vote in four states. In all four states the measure to raise the minimum wage passed. Josh Barro writes at the New York Times website, The wage increase won its biggest margin of victory in Alaska, where it garnered 69 percent of the vote. In Arkansas, it received 65 percent; in Nebraska, 59 percent approved raising the minimum wage, while in South Dakota, the margin was 53 percent. The proposals differed in their particulars. Alaska would Read more […]

Minimum Wage Reality: Restaurant Charges Extra to Cover Expense

When a business starts losing more money to its employees, it must charge more for goods and services or else cut the number of employees. Politicians increase the minimum wage knowing this, but also hoping that the changes will be hidden. They want the people who get extra money to thank the government without asking why prices are now higher. They also want the people who lose a job or who can’t find a new job to not consider that this is a “government benefit.” Minimum wage law depends Read more […]

McDonald’s Owners Are As Pessimistic as Ever, So Let’s Double Their Labor Costs

You would have to be living under a rock in this country to not realize that there are a shipload of fools who think that it is self evident that McDonald’s restaurants should be paying no less than fifteen dollars an hour to their employees. The assumption is that the restaurants have swimming pools full of cash in which the owners are frolicking like Scrooge McDuck. Here’s a little tip from CNBC: “McDonald’s franchisees most pessimistic in a decade.” McDonald’s franchisees’ sales outlook Read more […]

Seattle Minimum Wage Law Is How Some Businesses Try to Destroy Other Businesses

Fifteen dollars an hour is a painful increase in expense for small businesses. Seattle politicians had made a promise that they found voters would not permit them to forget. So now they are stuck with it. Some are suing in order to get some relief. Fox News reports, “I guarantee not everyone will survive,” warned David Jones, who owns a Subway franchise in Seattle. “This discriminatory law will affect some franchisees and they will go out of business.”  The International Franchise Read more […]