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Lowering the Minimum Wage to Help Recovery

A Lower Minimum Wage Will Help

A Lower Minimum Wage Will Help

Proponents of higher and higher minimum wage mandates understand that the higher wages demanded by law will cost jobs. But they don’t care. To them, fewer jobs at higher wages are preferable.

But is it?

In these times of high unemployment, we need to do anything we can to get people back to work.

Most small businesses are not hiring at this point. Many businesses (in general) shed the excess earlier this year and cut to a point where they can survive the rest of the year. Very few hired for Christmas, and despite Obama’s assertions that the recession is over, it looks like we are in for a new round of job cuts and closings after Christmas, leading to a slowing, if not complete reversal, of any recovery.

The outlook for 2010 looks bleak. With the current overzealous controls and regulations the Democrats have placed on businesses, and the higher taxes sure to come, it would appear the Government is doing more harm than good.

If the surviving businesses see an uptick in the economy next year, most will resist hiring help at $7.25 per hour, instead working existing employees a bit harder.

At a lesser rate, more businesses will take a chance much earlier and hire more workers. Especially part timers, which is most likely the first type of jobs growth we will see.

About Tom White

Tom is a US Navy Veteran, owns an Insurance Agency and is currently an IT Manager for a Virginia Distributor. He has been published in American Thinker, currently writes for the Richmond Examiner as well as Virginia Right! Blog.

Tom lives in Hanover County, Va and is involved in politics at every level and is a Recovering Republican who has finally had enough of the War on Conservatives in progress with the Leadership of the GOP on a National Level.

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Tom White Says:

Nothing is more conservative than a republican wanting to get their majority back. And nothing is more liberal than a republican WITH a majority.

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