Common Sense for Americans

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Minimum Wage and corrupt politicians!

Posted by commonsenseforamericans on January 25, 2015 at 4:25 PM

The piece below is a response to a posting on "Galt's Gulch Online," at the link below.

http://www.galtsgulchonline.com/posts/20cfe707/straight-logic-from-todays-edition-of-the-wall-street-journal

 

Bravo Sir, you not only have your finger on the problem but have very articulately explained all the factors involved in the potential damage of forcing increased wages on the fast food business.

 

Your explanation of the damage corrupt politicians like NY Assembly Speaker Sheldon Silver cause to economies in the states or for that matter the Us economy as a whole is also right on the money, pun intended.

 

The European examples you p[resented are also 100% on point. Politicians worldwide will never acknowledge that even though they know the truth of the negative effects of high taxes and regulations because sadly their denial of these truths are based on their own corruption. No truer words were ever spoken than by Lord Acton, "Power tends to corrupt, and absolute power corrupts absolutely."

 

Fred Speckmann

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