Basic Math and Psychology Destroys the $15 Minimum Wage ⋆ Politicrossing
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Basic Math and Psychology Destroys the $15 Minimum Wage

With new push for a $15 an hour national minimum wage, it’s important for us to revisit some basic math and basic psychology.

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With new push for a $15 an hour national minimum wage, it’s important for us to revisit some basic math and basic psychology, because using basic math and basic human psychology, we know beforehand exactly what’s going to happen. Let’s take a look.

For simplicity sake, let’s assume you have a store owner who has four employees who he or she pays Dollars an hour, for 40 hours each week per person. That store owner has been paying him or herself $100,000 a year. Now let’s assume that the $15 an hour minimum wage has been established.

Here’s the math: you have now increased each of the employees hourly wage by five dollars an hour. Do you have four employees, so now your costs have gone up $20 an hour. 40 hours in a week multiplied by $20 an hour equals $800 a week in extra costs. If you multiply $800 a week times 52 you have and extra $41,600 in costs per year.

Trending on PolitiCrossing.com: The Dead Do Tell Tales

Now here’s the psychology. Remember, our owner is used to you getting paid $100,000 a year from his or her business. Now, $41,600 of that is gone. It has been transferred to the employees by federal dictate. Will that owner just decide that they need to live on $59,400 a year? Of course not. Their lifestyle is most likely at the $100,000 a year level. Mortgages, cars, tuition, and vacations, among all of the other costs of living, mean that that store owner has to continue making $100,000 a year.

What is the answer? Any imbecil can tell you: You raise the prices of your goods or services! That is the way they will cover the added costs.

So, why do the Democrats want to do this? Any number of reasons, but here are three:

Punish small businesses, who are the backbone of Republican donors.

To ingratiate themselves with poorer voters who haven’t figured out that since prices will be going up, their $15 an hour won’t increase buying power.

Taxes. Now the employees pay more taxes. The owner pays more taxes. And since product prices have gone up, the total sales tax revenue goes up.

Pretty simple common sense, but who has ever accused Democrats of common sense?

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Chris is one of the World's Top 50 Speakers, member of the Motivational Speakers Hall of Fame, and one of Inc. Magazine's Top 100 Leadership Speakers. He considers it a privilege to be able to speak to people, help them lead successful lives, become extraordinary leaders and, masterful salespeople. Chris has authored twenty books with three million copies in print in 13 languages and over 450 articles on success, leadership, sales and motivation.



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News

The Dead Do Tell Tales

The words of Dr. William Maples, in describing typical suicide victims, are poignant

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It’s shame that the late Jeffrey Epstein, who allegedly hung himself, couldn’t have been examined by Dr. William R. Maples. Epstein’s body would have had a lot to say.

Poignant Words

Apart from the FBI subterfuge surrounding Epstein’s death, I found the words of Dr. Maples, in describing typical suicide victims to be poignant. Maples is a forensic researcher, diagnosing how and when people died. In his book, Dead Men Do Tell Tales, Dr. Maples, he writes, “Many of the skeletons that come into my laboratory belong to suicide victims who behaved like shy hermits in their final hours.”

“Usually they are found in remote places. People often go to some hidden place to kill themselves, whether from a desire to act alone and unhindered, or because they wish simply to disappear in solitude, spending their last moments in reflective silence.”

Would these people have killed themselves if they could’ve regularly attained reflective silence? Was their quest to die alone simply an ill-advised solution to the stresses they faced? How would their lives have been if they knew appropriate, reliable ways to find solace in the here and now, at home, at work, and everywhere in between?

Be True to Yourself

The masses take pills by the boatload. The masses race though their days. The masses, by and large, live lives of tension and turmoil. Stress has become the malady of the generation, and it’s better to not to follow the crowd.

Being true to yourself means doing what you need to do to stay healthy, balanced, and relaxed. It means having inner directedness. It requires drawing upon your knowledge, experience, and instinct to carve your own path; and to have less stress because you are less swayed by popular or prevailing norms. It is thinking and acting based on an ever-developing internal guidance system.

Being true to yourself means is learning what doesn’t work. You determine what is and is not relevant to you, and ultimately, what is and is not appropriate for you to stay in control of your day, every day, and of your life which could well extend for many decades.

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Elections

Joe Biden Bingo

Here is a tool which could help you to stay tuned on broadcasts featuring our acting president

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Even if you caught only snippets of Joe Biden’s recent press conference, you know that his mental decline continues unabated. It’s unlikely that even a handful of Americans watched the event in its entirety. Who would want to waste their time?

What’s occurring is a national travesty, and it is increasingly evident to larger portions of our population that Joe Biden is being abused as an elder, as he abuses others.

Throughout his 365 days in office, Biden has struggled to pronounce a word and then offers a non-sequitur to what he was originally saying. With regularity he tells stories that are simply false. He refers to his vice president as president. He insults vast segments of the population. He stumbles and stammers repeatedly. He checks his watch, fumbles with his mask, and snaps at people when he doesn’t like a question. And those are the least of his faux pas with audiences.

Trending on PolitiCrossing.com: The Dead Do Tell Tales

If you’re having trouble listening to Joe for more than a minute, the tool above might work for you. On the Facebook site, “Best of the Web,” I saw this Biden bingo card. It could help you to stay the course when tuned into other broadcasts featuring our acting president.

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