Krauthammer: Minimum Wage Hike Is Transfer Of Wealth From Low-income Earners To Low-income Earners

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George Will makes a great point too, noting that we all take it for granted that if you increase the price of something, fewer people will buy it, using the example of cigarettes and fossil fuels, but that people don’t apply the same logic to increasing the price of labor.

But then Charles Krauthammer just puts it beautifully. Via RCP:

CHARLES KRAUTHAMMER: What this is is a transfer of wealth from some low-income earners to other low-income earners. Some — of course, this is so obvious, it’s not rocket science — some will be better off, will make more, but others are going to lose everything. They’re going to lose all of their income, and they’re going to lose the first step on the ladder into employment, which is the hope for the future. So it’s a high price. You can make your choice, but there isn’t a free lunch. They are running ads saying to give America a raise, as if it’s no cost. It is a cost, and it’s other low income people who will be the ones who pay it.

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  • FreeManWalking

    I thought Will’s analogy was spot on.

  • 12grace

    So business will be more inclined to hire illegals so they can by-pass the gov’t forcing the businesses to pay more and give more expensive health care. it’s a lose-lose proposition.

    • notsofastthere

      Government considers all money theirs. They will allow you and business to keep what they deem necessary. If they need more all they do is pass a law. They are already clamping down on companies who lay off workers or reduce to part time to avoid Obamacare mandates.

      • 12grace

        Sad but true.

  • notsofastthere

    Judging from the idiocy of Mora Liasson saying you can’t live on $7 an hour, I wouldn’t pay her more than that because she has no concept of entry level position. No one is responsible for paying a living wage to an idiot with three kids, no husband, and on gov’t subsidies. If you plan on working a minimum wage job forever and raising yourself or a family – that’s all you deserve. If you don’t want to advance in life…then don’t, but don’t tell me to pay you a managers salary.

    • Steve Angell

      You have no clue what median wage is.

      • ArizonaPaul

        It’s irrelevant what the median wage is. If you want to make more than minimum wage than you need to make yourself more valuable to your employer by increasing your skill level
        and by showing up every work day on time and putting in an honest day’s work.

        • Steve Angell

          You too have no clue.
          $12/hour thus the new minimum would be very close to the median wage.
          Right get a better jod. Do you get it now. A majority of americans would get a raise if this passes. What a pitiful country.

          • ArizonaPaul

            You might get an education if you listen or read what real economists say instead of what your Marxist professors say. Think beyond stage one. What happens when the Gov. raises the minimum wage? Well, the people making your $12 will demand more because they have more experience than some new hire. This will cause inflation. Then there will more unemployment because you have raised the cost of labor for these companies. Unlike the Gov., which can print money out of thin air, businesses have only so much money to spend to pay their employees. If the Gov. says to raise the cost of the minimum wage then the owners will have to lay off people and delay hiring new people. Anyway you might try reading or listening to Thomas Sowell, Walter Williams, Gary Wolfram.

            • Steve Angell

              You made my point.

              I did get it. I think it stupid to alienate a majority of voters against the party. This is why the Dems are not worried they can count on the GOP to kill their base by oposing this. Bill are higher and higher pay lower and lower and the GOP is against doing anything to really help.

              Inflation caused far more by debt the GOP is all for that as proven by clean bill.

              GOP did nothing with 2010 wins they denigrate us keep our pay low. Why vote for them? All they do is empower Obama anyway.

              To hades with the GOP. Tea Party or I vote against all RINOs.

      • factsobill

        You, on the other hand, just have no clue!

  • stage9

    When did George Will join Fox?

    More income = more taxes. The genius of liberal-marxist economics. The poor remain impoverished and the autocrat gets richer….I’m sorry, the “bourgeois”. That’s a fancy marxist word for rich politicians who impoverish everyone but themselves.

    • Conservator1

      I’ve met George Will and published a number of his articles when Reagan was president. Since that time, Will has steadily moved back to his inner liberalism. And if you ever met him, I’m sure your comment would’ve been far stronger.

      He’s an elitist SOB like your typical liberal pundit. The worst half – hour I ever spent was with him and his wife. I posted an article on the real George Will. When I find it, I will post a link here cause I’m sure you will be interested.


      Here’s the link about Will holding a dinner at his home to honor President Elect Obama.

      Obama Breaks Bread with Conservatives

  • aposematic

    What? This is a transfer of wealth to the extremes… to the poor and 1%…period. Killing the middle class is the game the D’s are playing….period!

  • sDee

    Krauthammer and Wiill seem OK with the premise that the Federal Government can dictate the price of labor to private enterprise so long as it is a not-too-high price?

    Where in the Constitution was the Federal government granteed such authority?

    • badbadlibs

      Side note here, what would you make of an IRS agent NOT showing up to the audit appointment and not calling to cancel?
      We were suppose to have our audit begin today, the date was set on the Notification of the audit and the agent never showed.
      My husband called, but no response.

      • sDee

        I would immediately be suspicious but then figure that they are maxed out. The IRS is just not geared up for this volume of frivolous audits.

        They never ever go away however. If there is anything you could make of this, a tax attorney might know.

        • badbadlibs

          Thanks for your input.
          My husband is seeing an attorney this week. If the agent ever calls (it took two weeks to hear back the first time) my husband is telling him he’s booked for the rest of the week, as he is.
          My guess is the IRS is operating as if they have no consequence to face. But, surely the guy knows people are In knots waiting to get thru this process.
          They hold our lives and livelihoods in their hands and not so much as a phone call to say they will have to reschedule.

  • sDee

    Greg Brannon, NC constitutionalist Candidate for US Senate talks to Glenn Beck today.

    Rove and the GOP establishment are running a progressive yes man against him. Thom Tillis. Please support Brannon. Help send a message loud and clear to the GOP – WE ARE TAKING AMERICA AND OUR PARTY BACK.

  • Sandra123456

    Raising the minimum wage will result in layoffs and increase the cost of living. What economic dope thinks this is a good idea?

  • badbadlibs

    Liberals have gone stark, raving mad. That’s the only explanation. They are completely devoid of any capability to reason. Raise the min wage and wave good bye to even more jobs and hello to higher prices for everything.
    If the left planned to be this stupid they couldn’t have done a better job.

  • PVG

    It’s not rocket science, it has nothing to do with helping low wage earners. Union wages are tied to the minimum wage rate. It’s all about paying off his union thugs not JOBS!
    I loathe this narcissistic poser.

  • Steve Angell

    Krauthammer generally smart.
    Not so here.
    Basically all poor will get a raise. Median wage is $12.

    • Conserv_58

      Correction: Mr. Krauthammer is a very intelligent man. Your position on the minimum wage is clearly devoid of sound reasoning.

      • Steve Angell

        You are so smart. Why bother with facts?

    • sarahsupporter

      No, think it through. What Charles is saying is if minimum wage is increased, there will be less hires. If a company or fast food place has to give their employees an increased pay on minimum wage, that business will not hire any more employees. For example, they will have 5 employees at the higher minimum wage, or 7 employees at today’s minimum wage rate. So now 2 folks can’t get a job. Got it? That company only has so many dollars to spend on employees/hires so it has to be that way.

      • Steve Angell

        Old argument nehlecting they would cut if they could. Neglecting that many work two or three jobs thus could be better off with two after this anyway.

        Also many realize welfare pays more than min wage now.

        Higher wages will fill some jobs low wages do not now fill.

  • welltempered2

    Obamacare worked out great. So let’s listen to them again!

  • Swamp Fox

    The person who asks me, “Paper or plastic?”, when checking out at the grocery is definitely worth $20 an hour.

    Edit: I do hope this is read with the understanding that the statement is dripping with sarcasm.

    • maynardb50

      Good idea. Then I would not feel obliged to give them a $2 tip when they carry out my groceries.

    • johnos2112

      Why not make it $50 an hour? $100 an hour?

      • Swamp Fox

        Right. And the people working in the Deli Dept. are supplying us food >>> food keeps us alive >>> therefore the person handling my bologna is obviously a healthcare worker >>> healthcare workers should make no less than $200 an hour. After all, right is right… right?

        • johnos2112

          So you are in favor of higher labor costs errr, minimum wage increase?

          • Swamp Fox

            Not at all. That is why I said that I was being sarcastic. Raising the minimum wage is economical insanity.

  • Cool Ranch, Texas

    In the war against the superstitions and illusions of today’s progressives, knowledge is your most potent weapon:

  • timsrighty

    This would be disastrous for teenagers, 16 to 19, who are looking for part time work while in high school or decline college and desire to go to work right out of high school.

  • Patriot077

    Some history on the minimum wage, and I thought it was merely a way to increase union dues and taxes, and to buy votes:

    • sDee

      Makes a whole lot of sense from that perspective.

      When I read something like that it just reinforces how the GOP is simply part of the game. They could explain minimum wage that way to America. Instead they distract us like a matador with a red cape.

      • Patriot077

        Yes, the GOP establishment are on the same page with the woodrow wilson progressives. Hope we can get a few more to reinforce Cruz and Lee. There are a few great candidates putting it on the line – like Greg Brannon and Matt Bevin to mention just a couple.
        I’ve tried to explain some of the minimum wage issues to younger people and they just don’t get it.

  • Swamp Fox

    At the end of the day this would cause disgruntled workers across the board. If the low-end earners get nearly a $3 raise, bringing them closer to people who have worked their way from minimum wage to $10, $12, $15 an hour… the latter most certainly are no longer going to be happy with their level of pay.

    End game – everything that Street Hoops (Obama) does is meant to strip power from the people and drive a wedge between them to cause animosity amongnst the masses near and far. Anything to bring down our nation is what this muzzie plans on doing.

    This crap of dictating who must do, or must not do, this and that… must be stopped. I know I just stated the obvious, but I’m pissed and flustered.

  • Guein

    Mara Liason has been on NPR too long. I suppose she’s not used to having shallow arguments refuted so easily. Will’s point about the cause and effect of government policy is priceless.

  • johnos2112

    This is nothing more than forced labor cost increases on business owners and increased cost of goods and services to Americans that will pay for it.


    …until you get rid of your DICTATOR DEAR LEADER MARXIST SOCIALIST COMMUNITY ORGANIZER IN CHIEF Barack Hussein Mao Obama all this complaining and whining will have NO EFFECT THAT IS NO EFFECT on his actions for the remainder of his term in the Oval Office.”

  • Sentinel

    Well said… but we ALL will pay for this in one way or another: higher prices, poor service, lower quality products, higher unemployment, continued stagnation economically, increased crime is likely… this is foolish.

  • sonofliberty

    more Marxist/lenin tactics. just 2.8% of americans workers earn at or below the min. wage. dept of labor states 1.6 mllion (1.1%) earn $7.25. another 2.6 million americans make less..i.e. waitresses, bartender since they earn tips. Total 3.6 million (2.8%) out of 320 million americans.

  • Bob Bartlett

    I have worked at a part-time job for 11 years. Now newly hired employees will make just about as much as me without paying their dues? We don’t welcome government intervention in business. We are capitalists which works fine without government intervention.