Galt's Gulch

Libs suggesting a Maximum Wage

Posted by KYFHO 10 years, 7 months ago to Economics
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I really can't even read the article right now. We just keep living more and more of the nightmare.
SOURCE URL: http://www.glennbeck.com/2014/04/23/progressives-new-battle-implementing-a-maximum-wage/

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  • Posted by $ Susanne 10 years, 7 months ago
    Next thing you know, they'll be quoting Franklin, as if it's some holy gospel. What it *will* do is kill entrepreneurism, and in so doing seal to coffin of the USA (which I am certain is the true, yet kind of hidden, agenda) and bring us firmly into the era of the rebirth of Marxist Stalinism. by transferring all ownership to the all-powerful State and making us yet another "People's free socialist democrat (ruled) (un)republic..."
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    • Posted by khalling 10 years, 7 months ago
      I was wondering how long it would take that crackpot swiss idea to show up in the US. btw, even the swiss ultimately rejected it
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      • Posted by richrobinson 10 years, 7 months ago
        Corporate America would just find a way around it anyway. It would be one of those feel good laws. If GE can pay zero taxes they can figure out how to pay their execs whatever they want. This is just more Progressive pandering.
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        • Posted by $ Susanne 10 years, 7 months ago
          I get some dotgov communistic agency telling me how to run my biznez, how much I have to pay my workers and myself, not on the quality and quantity of how much they make us but on some socialistic leninistic crapola formula not based in reality, then, my dears... its time to move on... or strike. Want to earn a living? What are yo worth to me, to our "family", and to our investors? Because I have NO time to waste on non productive slugs...
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  • Posted by richrobinson 10 years, 7 months ago
    I have heard this idea floated before. Its funny that the income spread has gotten worse under progressive administrations and now they say they have the fix for it. The Free Market is the right answer.
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  • Posted by iroseland 10 years, 7 months ago
    This is pretty predictable from the "you didn't build that" crowed. To follow their broke-ass illogic
    If you didn't build it then it must not be yours.
    If it is, but was not built by you it must have been built by "the people". The state is "the people" so .: it belongs to the state.
    Since it belongs to the state the state and .: "the people" should be able to set wages.
    Guh! I need to go home now and take a bath..

    Of course they replace "if" with "since" and freedom with the muzzle of a gun.

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  • Posted by SRS66East 10 years, 7 months ago
    Such an idea would definitely cause the "gone Galt" exodus of talent we see in AS. Unless they also implement a US version of directive 10-289 and force everyone to stay in their jobs, in which case the game is over anyway, because everyone will KNOW that they are now slaves.
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  • Posted by $ Maphesdus 10 years, 7 months ago
    Let's see here...

    Progs want to impose a maximum wage limiting how much a person can legally earn.
    Progs want to say that corporations are not people.

    Hmmm, seems awfully suspicious to me. I wonder, do they have corporate backing? Cuz' those two things together seem like they would heavily favor corporations and screw over everyone else.
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