5 Reasons Liberals are Wrong about the Federal Minimum Wage
Liberal policies sounds great at first glance. Raising taxes will give the government more money. Take away guns and gun violence will disappear. But they always fail to look at the nuance of these issues. Raising taxes stifles spending which hurts the economy. Taking away guns from law-abiding Americans leaves criminals with guns and civilians helpless. But the biggest failure in Liberal thinking is the minimum wage. Here are the five main reasons why a federally mandated minimum wage hurts small businesses, the economy, and most importantly, the people it’s trying to help.
1.) A high minimum wage hurts small businesses
If we raise the minimum wage, large corporations like Walmart can afford to pay their employees extra without going out of business. Sure, their profits will drop significantly but they’ll stay in business. Now think about all the new small businesses and startups struggling to get off the ground and compete with powerhouses like Walmart. These businesses often employ younger people looking for experience. A federal minimum wage increase will leave these small businesses struggling to find extra cash to pay their employees. Possible outcomes for these businesses include the following: they lay off some of their workers. This outcome forces the business to run understaffed which will likely hurt them in the long-run. They could also raise prices to pay for the wage increase. This solution hurts small businesses because they end up lacking in competitiveness in the market. The final option is to just go out of business because they can’t afford the wage increase. None of these outcomes of a minimum wage increase help small businesses.
2.) Minimum wage hurts the workers it’s trying to help
The real question here is this: which is better, two people making a lower minimum wage, or one person making a higher minimum wage and the other out of a job? Liberals make it seem like everyone gets a wage increase but that’s not true if you lose your job. Unfortunately, a company laying off only a few workers is the best case scenario. If the small business goes under, everyone loses his or her job. Now let’s say the business or corporation (Walmart for example) has to raise prices because of the minimum wage increase instead of laying people off. Now the extra money in the worker’s pocket has to go towards these higher priced goods. It’s a zero-sum game. No one ends up benefiting. And people end up getting hurt. Liberals will never tell you that.
3.) A reasonable minimum wage needs to be decided by local governments
Don’t get me wrong, a reasonable minimum wage needs to exist to ensure workers can receive a fair amount of income for entry level and unskilled jobs. But the exact amount should not and frankly cannot be decided by the federal government and should not be too high (see points 1 and 2). A reasonable minimum wage in New York City should be much higher than a minimum wage in a smaller city like Wichita, Kansas (where I’m from) and way higher than that of a rural town in the middle of nowhere. A federally mandated minimum wage cannot possibly be accurate or fair for every community. Liberals think a big government solution is always best. There’s clear evidence to the contrary here.
4.) A high minimum wage is just welfare being paid by businesses
If the free market values an entry level or unskilled job below the minimum wage, every extra dollar paid to reach the “living” wage is essentially welfare. If you believe there should be a safety net for people not making enough money to get by (which we republicans do), that safety net should not be coming from businesses. It should be coming from the government. Although liberals love spending government money, they would never pass on an opportunity to hurt businesses. The minimum wage is a perfect example of liberal business-hating. There is a huge opportunity for liberals to spend government money in a responsible way: to help people with jobs and keep small-businesses thriving. And they throw it away.
5.) Minimum wage denies workers valuable job experience
What liberals fail to acknowledge about minimum wage jobs is that the vast majority are entry level jobs done by young people to gain experience. Experience is an important part of moving up in the working world. Most people aren’t working minimum wage jobs forever. You use your minimum wage job to gain experience and move to a higher paying job. By increasing the minimum wage, there become fewer entry level jobs and here’s why. A business might be able to hire two people part time for the minimum wage if the minimum wage is low. The two people that they hire are probably young, inexperienced and don’t need a “living” wage yet to get by. If the minimum wage is too high, the business will need one experienced person to do the job that two inexperienced people could do. Why? Because the business can’t afford to pay two inexperienced young people such a high wage for such an entry level type job. Unfortunately this problem hurts the younger members of our labor force. Young people aren’t gaining experience before they need to pay for themselves. So once they do need to pay for themselves they don’t have to experience to land jobs that can pay them enough. Suddenly they feel like they need a higher minimum wage to get by. Guess which group of people overwhelmingly support Bernie Sanders (the champion of the high minimum wage)? Young people. Isn’t that ironic?
It’s clear. Conservatives have it right with the minimum wage. We need a reasonably low minimum wage, decided not by the federal government but by local governments. Don’t let liberals guilt-trip you into thinking a low minimum wage hurts workers. It doesn’t.