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.

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 the Founder of PolitiCrossing, one of the World's Top 50 Speakers and a member of the Motivational Speakers Hall of Fame. 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-three books with three million copies in print in 14 languages and over 450 articles on success, leadership, sales and motivation.



 
 
 

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RNC: A Convention for the Ages

Night after night, hour after hour, one fabulous speaker with one fabulous message after another appeared on stage

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Long-time convention watchers on both sides of the political spectrum agree that the 2024 Republican National Convention in Milwaukee was one for the ages. The electricity in the room was off the charts. Delegates from across the 50 States sensed that they were in for something unique and special.

What Sets it a Part

Virtually all conventions have stirring speakers, but in this particular convention it seemed as if night after night, hour after hour, one fabulous speaker with one fabulous message after another appeared on stage. Whether it was the gold star parents, Donald Trump’s expert golfing granddaughter, Peter Navarro recently out of prison, Vivek Ramaswami with his incredible insight and diction, Ted Cruz, Marco Rubio, Kellyanne Conway, Dr Ben Carson, Sarah Huckabee Sanders, both of Donald Trump’s elder sons, and their mates, J.D. Vance, and everyone in between, it is difficult to fathom how the convention could have proceeded any better, at least from the standpoint of television viewing, if not for all in attendance.
 
With the backdrop of Donald Trump dodging a bullet just days earlier, people were excited to know that not only would he be presenting on the final day, but that breaking with tradition, he would appear every evening, along with members of his family. We were introduced to grandchildren we’ve never seen before. Trump’s long history of friendships with those in the fight game, as well as real estate developers, recording artists, and everyday people was on display.

Invigoration Plus

The convention goers were invigorated. Each state’s delegation proudly supported Donald Trump, and J.D. Vance, and played significant roles throughout the four days, as well as some of the early activities the weekend before.
 
With the impetus that the GOP has following the convention, it’s time now to ensure that the nearly state goes Republican in a strong way. The wind is at our backs, we feel energized, we’ve got the volunteers, our mission is clear, and now it’s time to make it happen.
 
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Is Unity Possible? No. Here’s Why.

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Now, introducing Share Right health sharing by conservatives, for conservatives! Quit giving your money to woke insurance companies and support other conservatives while saving TONS! Take less than 60 seconds and get a quote and see how much YOU can SAVE. All you need is your birthday and how many people in your family. No other info needed to get an instant quote. Take 60 seconds and see. Just click here or on the image below!

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A lot of people ask, “Can we ever find unity with people on the other side of the aisle?”

PolitiCrossing founder Chris Widener says the answer is a resounding “No.”

Check out his theory in the video below:

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