MCViewPoint

Opinion from a Libertarian ViewPoint

Minimum Wage – The Gift That Keeps On Giving.

Posted by Martin C. Fox on November 22, 2014

Early 20th century Progressives and eugenicists were concerned about the quality of life. Mostly theirs. The so-called “inferior” and “low wage” races at that time were the Irish, Eastern Europeans, Italians, blacks and Chinese. Their willingness to work for less and for longer hours combined with high birth rates raised fear in WASP circles. Progressive pioneer Theodore Roosevelt coined a term for allowing this to continue – “Race Suicide”.

Royal Meeker, Woodrow Wilson’s Commissioner of Labor, advocated a minimum wage as it would keep the “unfit” out of the labor force. Wilson too was a racist and an advocate of Jim Crow and minimum wage. Meeker and Wilson knew no one would hire some poor uneducated soul if it was going to cost more to do it. Employers want to get something for their money. See “Rents and Race” by Anderson and Kiriazis in the Independent Review.

Walter Williams has written extensively on how in the early 1900s blacks had employment rates comparable to whites. He illustrates how each increase in the minimum wage has resulted in lower employment rates for the poor, young and uneducated. Minimum wage does what it was intended.

Today’s self-service gas stations, self-service grocery check outs, ATMs and McDonald’s overt implementation of automated ordering and payment wouldn’t be happening if employers thought they were getting their moneys worth. Thank you big government.

Minimum wage – the gift that keeps on giving.

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