Monday, January 29, 2007

Kennedrunk's economic illiteracy

From Neal Boortz:
The Democrats class warfare minimum wage increased is now being debated in the Senate .. and Ted Kennedy is about to have a stroke. Did you hear this pathetic man screaming at the Republicans? "What is it about it (the minimum wage) that drives you Republicans crazy? What is it about working men and women that you find so offensive?"

Well ... of course .. most of you will recognize this as cheap demagoguery. There are two faulty premises to Kennedy's question:

1. The working wage has some meaningful connection to "working" men and women.

2. Republicans are offended by working men and women.

Both premises are false.

Let's deal with this "working men and women" line first. This rhetorical nonsense is now a basic part of the left wing class warfare arsenal. The goal here is to foster the idea that the more money you make the less you work. The reality is that there we have two resources we can use to make money, physical labor and mental labor. Most of us use a combination of the two. The ugly little fact is that, generally speaking, and professional athletes aside, the more of your mind you use the more money you will make, and the more of your muscle you use the less money you'll make.

Here's another fact. The more money you make, the more likely it is that you will vote Republican. The less money you make, the more likely you will vote Democrat. Bring this all together and you'll soon figure out that the more you use physical labor to earn money, the more likely it is you will vote Democrat.

Knowing that almost all Americans value the concept of hard work, the Democrats have worked to promote the concept that the only real work that physical labor. Working with your mind -- managing investments, for instance -- just isn't work. Therefore the only real working people out there are those who work with their hands instead of their brains .... or those more likely to vote Democrat. Once you've made this absurd concept a reality you have created a wonderful class warfare weapon. If you're smarter than the average bear, and if you realize that it is not the role of government to set wages, you then become an enemy of "working men and women."

This, then, enables Ted Kennedy's demagoguery. He first asks what it is about the minimum wage that, as he says, drives Republicans so crazy. Simple. First -- there are still a few Republicans out there who believe that in a free market economy it is not the role of government to set wages. If the government can set a minimum wage, what is to stop the government from setting a maximum wage? If the government can set a minimum wage, then why can't the government set a minimum wage based on family size? Why can't the Imperial Federal Government of the United States just pass a law saying that the minimum wage goes up by $2.00 per hour for every child born to the worker? Once you allow the government to have a say in establishing the value of labor ... the sky is the limit. Where does it stop?

Secondly ... Republicans realize that less than 20% of the people in this country who earn the minimum wage live in families that are anywhere near or below the poverty level. Over six out of ten people who begin work at the minimum wage have received their first raise within the first year. Only 15% of minimum wage workers are still receiving the minimum wage after three years on their job. What percentage of the full time work force is earning just the minimum wage? Around 1 percent.

So .. to answer Kennedy's screaming questions: The minimum wage drives (some) Republicans crazy because there is absolutely nothing in our Constitution that allows the government to set wages, and the minimum wage is used by Democrats as nothing more than a tool of class warfare. Around one percent of full-time workers earn the minimum wage, and most of them are part of families that are well above the poverty line. It just isn't an issue. Knowing Republicans are also upset because they know that the Democrats push for the minimum wage increases are just another way of telling unions "thanks for your support."

And to answer Kennedy's second question, there is nothing about "working men and women" that Republicans find offensive. What they do find offensive is the Democrat use of the phrase "working people" as a tool of class warfare through their attempts to convince lower income Americans that those who make more than they do aren't really working for the money they earn.
Considering that Ted Kennedrunk was born with a silver brandy sniffer in his mouth, one wonders if through his fermented stupor, he sees the irony of bashing those he does not consider to be "working people"?

By the way, for those of you who haven't been here long, please click here to read why Democrats really want to raise minimum wage. Hint: unions are clamoring for it, despite the fact that union workers don't make anything NEAR minimum wage.

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