Profound logic

Posted Friday, Dec. 06, 2013  comments  Print Reprints
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U.S. House Speaker John Boehner supports the Republican Party’s opposition to a minimum wage increase by commenting, “When you raise the price of employment, guess what happens? You get less of it.”

His implication was that layoffs will result — fewer people will be employed.

By that profound logic, we should be lowering the price of employment, so more people will be employed — a stroke of economic genius by the Republican leadership.

Of course each employee would have less to spend, so that the increase in employment would be offset by layoffs.

And eventually only management employees would be flipping burgers and waiting on customers in retail stores.

Meanwhile, we would be cutting back on food stamps, trying to scuttle the Affordable Care Act, reducing subsidized housing programs, the school lunch program — cutting the federal budget while we increase our support of the homeless shelters.

Fortunately, a growing group of enlightened business people and politicians are not swallowing this tale, and minimum wages are being raised — even in Texas — without waiting for the congressional obstructionists to act.

— Jan Fersing, Fort Worth

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