 When Bernie Sanders hires help, economies hold sway: those promises of fifteen bucks an hour fade away. The Democrats, politically, think minimums should rise but budgets soon destroy the dreams of socialistic guys. Declared unconstitutional in 1935, this stupid law progressives still support remains alive. But basic economics shows the folly of the thought: the unemployment problems and the poverty it's wrought. What Bernie cannot understand is how supply's involved. He honestly believes that pricing floors will get things solved. A millionaire, himself, he struts his minute on the stage, but fails to see the market's role in setting any wage. So Sanders, sitting pretty in Piketty's one percent (the grand result of royalties from books on his dissent), insists on pushing wages well above their normal worth so unemployment spikes and jobs experience a dearth. He doesn't see unnatural wages raising up the price of every product workers buy, from beer to steak to rice. With higher prices, goods are purchased less now than before; the workers paid to make them, yet again, are shown the door. When employees are getting fired, pink-slipped, shown the door, this new supply of workers gluts the labor market more. Eventually, distorted laws of economics fray... so government should just distort them *more* to save the day! But maybe someday kids will study econ right in school and learn the curves: supply, demand, and economics' rule that prices, even wages, find their spot where curves can meet without the fatal errors of the socialists' conceit. ~Stephanie Herman, @libertarianarts <center></center> <center> <h6>*I have two accounts: @geke for the venns, military spending, and personal posts ... and @libertarianarts for political and economic poetry / art / film reviews etc.*</h6> </center> <center></center> 
| author | libertarianarts |
|---|---|
| permlink | an-ode-to-the-minimum-wage |
| category | poetry |
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| root_title | "An Ode to the Minimum Wage" |
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| voter | weight | wgt% | rshares | pct | time |
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| svamiva | 0 | 82,785,901,857 | 52% | ||
| libertarianarts | 0 | 631,029,340 | 100% | ||
| geke | 0 | 98,316,572,751 | 100% | ||
| thechosenwhan | 0 | 11,853,601,139 | 100% | ||
| jimitations | 0 | 1,629,125,613 | 100% | ||
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Congratulations @libertarianarts! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) : <table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@libertarianarts/payout.png?201907252255"></td><td>You received more than 10 as payout for your posts. Your next target is to reach a total payout of 50</td></tr> </table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@libertarianarts) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=libertarianarts)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
| author | steemitboard |
|---|---|
| permlink | steemitboard-notify-libertarianarts-20190725t233056000z |
| category | poetry |
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