I call upon You, Lord, God of Abraham and God of Isaac and God of Jacob and Israel, You who are the Father of our Lord Jesus Christ, the God who, through the abundance of your mercy, was well-pleased towards us so that we may know You, who made heaven and earth, who rules over all, You who are the one and the true God, above whom there is no other God; You who, by our Lord Jesus Christ gave us the gift of the Holy Spirit, give to every one who reads this writing to know You, that You alone are God, to be strengthened in You, and to avoid every heretical and godless and impious teaching.

St Irenaeus of Lyons, Against the Heresies 3:6:4

Wednesday, February 20, 2013

Wages, Unions, and Basic Economics with Gary Demar

The minimum wage is about freedom. Think about it. The government is forcing employers to pay people a certain amount of money. It’s no wonder that a majority of voters have no problem with the government taking ever higher amounts of money from workers in the form of taxes.

When the minimum wage goes up, union wages and benefits also go up. That’s why unions are always behind an increase in the minimum wage. Union workers do not make minimum wage. Unions can hold companies hostage to force up wages. They’re the fourth branch of government. When the minimum wage goes up, the wages of union employees have to go up as well, so they want new contracts to reflect a “proper” wage distance from the meager minimum wage earner...continue reading.

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