Opinion: Washington D.C. Once Again Shows How Radical Left Socialism Isn’t for the Little Guy
The Washington D.C. city council has passed a ‘living wage’ law that will make attaining a living wage much harder for the poorest in that city.
The bill would require big box retailers, like Wal-Mart, to pay a minimum wage of $12.50 an hour, but in true socialist form, the bill excludes retailers that are union shops from this requirement.
It’s amazing that in this country’s capital such blatant abuse of power is so commonplace.
Due to the ruling, Wal-Mart has abandoned three proposed stores in the city.
The city council does not seem to realize that stores like Wal-Mart are able to compete by keeping prices low, and that only works by maintaining a very small profit margin and counting on sheer numbers to make it worth it.
The D.C. City council also can’t seem to understand that raising the minimum wage does not bring those in no-skill low wage jobs into ‘living wage’ territory. When the minimum wage is raised all producers must raise prices to compensate, everything becomes more expensive to the point that the new minimum wage has about the same purchasing power as the old in the end.
Not to mention that with every increase, unemployment increases due to the added costs.
So not only did the DC city council give special treatment to union shops, they told their unemployed poor, which is a portion of their population higher than the national average, that they would rather see them stay unemployed while prices rise for the new minimum than leave prices as they are and allow hundreds of them to find employment at the old minimum wage.
So much for the left wing claim that they are for the little guy.
Andrew Montalvo is a KFYO Talkshow Producer. Let him know what you think in the comments below.