Businesses deserve to make a fair profit, their employees deserve fair wages to live on. Currently here in America wages are being held too low for many Americans to thrive... along with the businesses they work for, which is leading to more and more poverty.
It seems to me that Americans should thrive, along with the businesses they work for. American businesses are thriving right now, Americans are not. America has the largest economy in the world, it can afford to pay fair, living wages to American workers.
Do you know how this happens? It is technique that replaced slavery. Much easier to manage.
Well I will fill you in a little anyway.
As the slave trade was declared illegal by the major power of the day in 1803 I think, labor got a little more difficult to obtain. If my history servers me correctly, Jefferson signed the a treaty with the Great Britian as the result, in support of this ban on the slave trade. The first treaty the US ever entered, but I might be in error. Even though Slavery was still legal in the US, labor became in short supply, but as always a way is found. Indentured Servitude became a way to fill the labor need, all it had already been widely used in the North. Hardly different than slavery while the end date was a future date. This carried on for years up into the 20th century, filling the needs in the US for cheap labor. But after WWII and the world began to work it's way out of poverty, with all the US aid, fewer and fewer people were willing to become indentured just to get to the US. Probably around the 1950s and 1960s, the workers in the US held their highest position in society in wages relative to the economy of the day and the value of the dollar.
Then some bright soul pointed out that immigrants wanted to come to the US as free men and women not indentured servants. Walla! a new immigration policy was born. Then we got H1 visa programs to get more technical help. Hell the want adds in the paper
for talented people were endless in the 60 -70s. I remember Bill Gates personal addressing house or Senate committees, begging them to allow more visas for engineers and programmers so he could build his wonderful systems. He just couldn't do it with the US work force. He succeeded and the salaries of Engineers and programmers dropped. The want adds in the newspapers disappeared. Well done Bill! Others learned the lessons Including the Democrats. The newbies vote Democrat!!!!
Well hell why wait for visas" Just come, nobody knows the difference! And the Democrats and the people that want a worker are fine with the help. Employers have no need to raise the wages, when they come. Of course congress might raise the wage from time to time to attract the vote of the those that care. But the fact is, the minimum wage is not needed when labor is in short supply. Right now with unemployment very low, employer are raising their job offer price and still find it hard to fill some jobs. If you can't make a profit with the wages you must pay, then perhaps that job does need to be done somewhere else. But Government should not be making that decision unknowingly via the minimum wage being set too high.
Wages will follow supply, it is the natural order, employers will hire the best they can get for the least price. Congress should not raise the wage beyond a profitable level for the least profitable business.
