Competition

Destroyer

Boon to Big Business!

Illinois’ $15-per-hour Minimum Wage Proposal Is Just ‘Pie in the Sky’

Illinois’ legislators proposed a $15 per-hour minimum wage bill, to be realized by 2022, under the assumption that it would benefit workers at jobs that were never meant for heads of households in the first place, but instead were often entry level job for teens. 

Did it ever occur to lawmakers that the unfunded mandate would mostly be imposed upon small businesses, that the wage increase would set into motion a push to raise the wages of others who were at or near to the $15-per-hour wage level, and that if businesses are unable to find money in their budget to pay for the wage hikes, robots, which don’t have to paid either benefits or salaries, will take the place of humans? 

The $15 Minimum Wage movement had its fourth anniversary on November 29, 2016.  On this anniversary thousands of Fight for 15 supporters calling for a fairer minimum wage, marched, sat in and got arrested in 340 cities across the nation, including Chicago. 

At first the Fight for 15 movement was all about fast-food workers, but it has now expanded to include airport workers, childcare workers, adjunct professors and more, making the movement one of the nation’s largest progressive movements alongside movements by undocumented immigrants, Black Lives Matter and environmental activists fighting global warming.

DYI QUICK COMMENT:  Undocumented workers?  Their correctly called illegals – not someone who didn’t fill out a few forms and everything is ok.  

Global warming?  Activists using the global warming scam as a means to create a “climate crises.” Their remedy for this falsehood (man made) climate change requires a centralized economy to eliminate the underpinnings of global warming.  This provides a platform to propel a socialist state by attempting to shred free(dom)-market ideology.

A day after the House passed its $15 minimum wage bill, the Senate followed suit on May 31, with its proposal to raise the state’s minimum wage of $8.25, incrementally, until it reached $15 in 2022.  Democratic Senator Kimberly Lightford, the bill’s sponsor, described the bill as the best chance to raise wages and improve living conditions for many Illinois residents.

 Illinois legislator’s throw a bone to small business!

(DYI) 

• Even though tax credits would be available to businesses with 50 employees or fewer to help cover the costs, Mark Grant, state director for the National Federation of Independent Business, in a written statement, warned that businesses would have limited options in dealing with the wage increase.

Can Illinois afford to lose more jobs or impede businesses from expanding or creating jobs, when according to the U.S. Department of Labor Illinois has added only a net 100 jobs since the year 2000? That means Illinois employers have added 1 new job every two months.  Not only will the young find it more difficult to get first jobs, but technology will replace employees because of increased cost.

DYI:

If this legislation passes in Illinois will be a boon to big business reducing competition from small business the life blood of capitalism.  Small companies – despite the tax credit(s) bone – will hamper the formation of new businesses thus a reduction in employment.  Since competition will be lessened the big firms will be able to pass on some of the costs to their customers plus this will speed up automation reducing employment further.  From a politician’s point of view – especially Democrats who are in bed with big government/big business (fascists) – this is a four way win.

1. Those who do receive the new $15 dollar an hour minimum wage will be endured to vote Democrat.
2. The newly unemployed will leave the State of Illinois seeking employment opportunities else where thus unable to vote against the politician(s) who enacted this job killing legislation.
3. Those who do stay will out of necessity move onto the numerous welfare schemes thus once again enduring them to the Democratic party.
4. Big business has lessened competition.  Politicians will score campaign contributions furthering their reelection possibilities plus possible job opportunities with these corporations after finishing a political career.

DYI