Please sir, may I have some more?
Chicago's city council couldn't muster the votes to over-ride Mayor Daly's veto on an ordinance that would force "mega-retailers" (see - Wal-Mart) to pay higher wages.
This outcome, which I favor, gives me a chance to talk out of both sides of my mouth.
First, my problem with mandatory wages, especially those above minimum wage. The problem is the potential for a lose-lose situation. If a person is willing to work do a job for a given wage, and an employer is willing to hire someone for that wage, but a law exists that says the transaction can't take place, then both the potential employee and the employer lose. You may be willing to work, want to work and able to work, but because you and a potential employer agree that you're services are worth less than the law, or a union agreement allow, you aren't allowed to work. If an employer want's to hire someone for a given task, but it is of only marginal worth, they cannot seek out anyone to fill that need unless the value is above the law, or union, stated wage. Both sides lose. Not because of any evil master-plan, but because some (well intentioned) third party has decided what's best for you.
Quick aside, sports unions have perfected this. They've acutally made it impossible for an athlete to work for less than the several hundred thousand league minimum. If I'm an aging vet willing to work for $100k, possibly the last big income year of my life, and I can't because of the veterans minimum, I'm not sure I'm real jazzed with my union. Anyhoo...
Back to the minimum wage. As it stands, it's way, way to low. Even if it's just used as a guide line (which it mostly is, no one makes the minimum wage for any length of time, but everyone know's how their pay relates to the minimum wage) it's not an accurate measure of income to survive. The minimum wage should be scrapped or brought to a more reasonable level. I like the idea of using it not as a legal floor, but as a national guideline.
But, I can't get my stomach to take the idea that Congress get's an annual pay raise, while the minimum wage stays stagnant. Yes, yes, Congressfolk always make noise about not spending the money of small business owners, but those same business owners are also tax-payers. Well, Congress sure has no problem spending that money on themselves. Jackasses. So here's my proposal. Link Congressonal pay increases to the minimum wage. Minimum wage goes up, so do Congressional salaries. No minimum wage increase, no Congressional pay increase. One further note one Congressional salaries, I think the state they represent should pay the salary, not the nation. Makes much more sense to me. Whether they choose the former or the latter, I'm happy.
And that's what this is really all about anyway.






























