Nobody in the Reineke family is happy about Michigan’s first minimum wage increase in 10 years.
Nineteen-year-old John Reineke’s work hours at a snack shop at Central Michigan University were cut in half when the minimum wage went up the first time in October, and his family’s ice cream shop will employ fewer workers this summer when the wage goes up again.
Like the Reinekes’ ice cream shop, businesses across the state — from small restaurants to colleges to Goodwill Industries — are bracing for the second bump in the state’s minimum in July, when it will increase from $6.95 an hour to $7.15. It will go up a third time, to $7.40, on July 1, 2008.
About 464,000 Michigan workers, or about one in six, will directly benefit from the increases, according to the Bureau of Labor Statistics.
Advocates of the increases say they’re long overdue and will help families and the economy in the long run.
But hundreds of businesses — mostly small and mostly in the service industry, particularly fast food — disagree. They say they are cutting workers’ hours, hiring fewer workers and raising the prices of their goods to make up for the extra expense of the higher wages. Critics also question the timing of the increases, saying they only do more damage to a state already in financial straits.
In any given week, you can visit a left-wing blog and find some sort of link to some Keynesian economist who will articulate that raising the minimum wage does not cut the number of minimum wage jobs.
But these economists have 1. Never run their own small business employing minimum wage employees, and 2. Rarely, if ever, ventured outside of their protected little university teaching jobs to see how things work in the real world.
So what the leftists have is a number of long treatises about how the minimum wage is a good thing that helps people out. They read them as gospel and if ever someone invades their little bubble with something from reality, like this article, they immidately blame the business owner for not taking what I have heard called numerous time as “A Cut in Profits”.
They are a sick bunch of fucks, aren’t they?
Found at Right Thinking