So, a few weeks ago, I reported that the social contract between business and its employees, between business and its communities may find itself revived. You know, the one that was abrogated under the prodding of Dr. Milton Friedman.
Continue reading Another One Chimes In…
I’ve written before about wages (here’s one example– or you could buy my book [paperback or Kindle] 🙂 ) and the purported claims that employers can’t find qualified employees. I’m not going to say that all the jobs offered are scooped up on the spot. After all, should an entrepreneur decide to build a new pharmaceutical plant in the middle of Kansas, I would not be surprised that s/he could not find a qualified Regulatory specialist within 25 miles. But, one could be found- and I’m sure someone could be willing to move to their location.
Continue reading Crocodile Tear Time?
║This is the fifth and final segment in this mini-series on minimum wage, living wages, the middle class, and taxes that I started this year, beginning on 7 January 2014.║
Continue reading Living Wages. The End of the Discussion- for now.
Here in the DC area, we are about to engage in a new kind of experiment. The minimum wage in the Maryland suburbs is going up to $ 11.50 an hour. As it will be in the city of DC. But, in Northern Virginia, the minimum wage will be the Federally mandated one of $7.25. Do you really think the jobs will leave the northern suburbs and move to Virginia?
Continue reading Living Wages. The Very Bottom Line.
Do I really care about the minimum wage per se? (I know, I’ve written about it before- as recently as 45 days ago or so: Wage Follies.) No, I worry about living wages and the middle class.
