Friday, April 4, 2008

Reality Punches Hillary In The Face - She Fails To Notice

You just gotta love listening to Democrats talk about the economy; I mean, even someone like me, who's economic knowledge is pretty basic, can find these huge gaping wholes in the very premises of their arguments. Exhibit A, today, is none other than everyone's favorite sniper-fire dodging, former First Lady, Hillary Clinton. Last night, in an appearance on Leno, she was talking about why she continues to keep on truckin' with this campaign of hers, and she told some sob story about a little boy who's mother makes minimum wage; and how she keeps on going on because she knows she can "really help" people like this mom.

(Here's the actual video. If you really feel like watching, the story starts at about 3:23 in; otherwise, I've summarized it below.)



Basically, this little boy told the Hildabeast that even though the Democratic Congress recently raised the minimum wage, his mother still wasn't making anymore money because - get this - they cut her hours after the minimum wage increased! After saying this, in almost those exact words, Hillary goes on, unfazed, to some new point - completely unaware of the fact that she just got smacked in the face by a perfect example of why raising the minimum wage doesn't work; and why it doesn't actually increase people's overall earnings.

You see, an employer already has a specific budget for employee salaries that is calculated into his overall budget; and he's not just going to increase that budget in direct proportion to every single increase in the minimum wage; afterall, he's trying to make money and turn a profit in his own right. Thus, a minimum wage increase leads to one of two outcomes in a typical workplace: either A) the employer will have their employees work less time, for the same amount of pay; or B) they will fire some employees and give those that remain higher pay, but with longer hours.

Most employers choose Option B) because it makes things easier for them, which is why increasing the minimum wage will generally cause increases in the unemployment rate. In the case of the young Hillary supporter's mom, it seems the employer didn't want to fire anyone, so he chose Option A); which, if you think about it, could be beneficial to this woman - if she were to use the extra time she now has to, say, get a second job. Working more! Now there's a sure-fire way to make more money! Of course, that's not how Hillary (or any welfare liberal, for that matter) sees things. Heck, she's probably already formulating some new 'free' handout, 'free' training program, or other ill-conceived piece of Legislation to 'solve' the problem.

Reagan once said the 9 scariest words in the English language are "I'm from the government and I'm here to help" - but, personally, I think "Don't you worry, Hillary Clinton is here to help" sounds infinitely more frightening.

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