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NEW YORKPresident Joseph R. Biden, Jr. and other Leftists reassure Americans that hiking the federal minimum wage from $7.25 to $15 per hour will rescue laborers from destitution.

Biden said last month: “Fifteen dollars gets people above the poverty line.”

Alas, as Monty Python once put it, there’s just one teensy problemette: Someone actually has to pay this money to wage earners. 

Employers already are struggling under COVID-19 lockdowns and economic slowdowns. Many barely can pay the few employees whom they have not dismissed already. Biden and his fellow Democrats would squeeze them even further.

The last thing America’s business owners need is for Uncle Sam to ride them any harder than they already are getting ridden by Democrat economic powerhouses such as, respectively, governors Gavin Newsom and Andrew Cuomo of California and New York and mayors Eric Garcetti and Bill de Blasio of Los Angeles and New York City.

Some employers, now pushed to the edge, simply will fire workers. The Congressional Budget Office recently forecast that a $15 minimum wage would kill some 1.4 million jobs. That’s akin to everyone in San Diego suddenly getting laid off and wondering how to pay for dinner.

Other employers will keep their staffers in place. However, they simply will reduce their work schedules to flatten labor costs. Someone who makes $10 per hour and earns $400 per week might be excited about the prospect of a 50 percent wage boost. But if her boss says, “Janet, we’re cutting you to 26.6 hours per week,” then making $399 weekly starts to look less appetizing.

Employers already have used this strategy to limit the economic damage that local deep thinkers have tried to foist on them in San Francisco, Seattle, and other centers of Democrat urbanicide.

If anyone should root for Job-killer Joe’s proposal, it’s the International Brotherhood of Robots. The $15 minimum wage will be the biggest step forward in automation since the ATM reduced the need for pesky bank tellers.

As Biden and his Leftist pals increase the cost of labor, they will make robots and automation relatively more affordable and appealing.

Such pieces of capital equipment do not get paid. Machines don’t demand wage increases. Robots don’t strike. They never call in sick. They neither show up with hangovers nor step away for smoke breaks. They don’t spend hours texting their friends, watching doggie videos on their smart phones, or flirting with customers and colleagues, which could trigger sexual-harassment lawsuits.

Money aside, these already are appealing reasons to replace cashiers with self-pay checkout devices and substitute waiters with touch-screen food-ordering computer tablets. A fat, federal wage hike could clinch this deal for many employers.

And why stop at $15 per hour? Congressman Ro Khanna (D – California) wants a $23-per-hour minimum wage. That’s such an odd number. Why not make it a smooth $25?

But why stop there?

Think big, America!

Why not $100-per-hour?

A $100-per-hour minimum wage would give every U.S. worker at least $208,000 annually. Just think of the possibilities!

If Democrats really want to see wages rise, even to $15-per-hour or beyond, they should learn from Republicans.

President Donald J. Trump helped American workers enjoy $15-per-hour wages voluntarily.

Under the Trump/GOP Tax Cuts and Jobs Act, numerous employers shared their tax savings with employees.

Americans for Tax Reform reports that at least 45 employers hiked their minimum wages to $15 per hour, including major job creators such as Charter Communications, JP Morgan Chase, and Met Life. 

Cigna and at least two other enterprises hiked hourly wages to $16 — all without government mandates.

Pre-COVID, Trumponomics’ tax cuts and regulatory relief also turbocharged median household income from $59,039 in 2016 to $68,703 in 2019. For everyday Americans, this $9,664 was a 16.4 percent income boost, averaging 5.5 percent annually.

If Biden and the Democrats really want to put more money in American workers’ pockets, they should lower their bosses’ taxes.

Deroy Murdock is a Manhattan-based Fox News Contributor, a contributing editor with National Review Online, and a senior fellow with the London Center for Policy Research.

Deroy Murdock is a Manhattan-based Fox News Contributor, a contributing editor with National Review Online, and a senior fellow with the London Center for Policy Research.

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3 months ago

Common sense and grade school economics are not the leftist elites forte. Being millionaires themselves, they have no real world experience. They live in a protective bubble and think that’s normal.

Ros Fe
3 months ago

Just look at what happened in Canada when they increased the minimum wage to $15. And that was before Covid. Massive layoffs. More automation. No jobs for teenagers as adults took the entry level jobs they once held. But with the lay offs in the adult community they quickly snapped up the lower jobs just to have one.

3 months ago

The push for a cashless society would help the Robots look even better, ask Pelosi, and her Democrat buddies.

Walter Goddard
3 months ago

The min wage hike, takes the same starry eyed path of fantasy, as the Green New Deal..
.. Making it a matter of law, instead of a free market compromise, launches it out into some distant galaxy and beyond the reach of the people, required to magically conjure up the money!

Randy
3 months ago

Impeach Biden n Harras ASAP. But start with Harris because biden may be finish because he’s losing his mind.

Merle
3 months ago

Thank you Sir, now we know why evil Nancy is so hell bent on destroying America. She’s a first generation battlebot.

Janet Lapsley
3 months ago

Seattle is a good example of what happens with $15 hr pay. Robots and lower tips to servers. The servers actually lose $$. Businesses close. Unemployment goes up and people move. Hateful program.

3 months ago

Thank you, Mr Murdock for your eloquent explanation which hits the nail on the head. The Dems don’t understand the Economy and they try to destroy it completely so the uneducated depend on the ever expanding Government. That is what Socialism will look like if they continue down this road.

OldConservativeGuy
3 months ago

I always knew that Liberals couldn’t do math. Actually, since they have declared that getting the right answer is racist, they probably don’t even want to be caught trying. Let’s try the more verbal and simple explanation. Often wages are a company’s single biggest expense especially in the service industries that are increasingly prevalent in our society. When expenses get bigger than revenues, a company goes out of business. When it doesn’t exist, there is no one to pay the employees and they become unemployed. When they are unemployed, they get assistance from the government which doesn’t make anything so it must tax entities — companies and people — that do. Increased taxes are just like increased wages. More companies go out of business and more people are unemployed. See how that works!!

John K
3 months ago

Don’t forget that AOC, (Another obscured Crybaby) has the answer to that. In her world, people unable, or unwilling to work get paid anyway.
Now back to the taxes. After there is on one left to tax, the government goes out of business. I see that as win, as we the people can then take over and start over.

Jim Dahlberg
3 months ago

Raisen min wage has never in the history of our country has gotten anybody above the poverty level. The reason is now they will raise the bar on what is poverty. so here we go again must raise the Min wage again.

Grenebeard
3 months ago

I have 4 employees who make close to 30 an hour, I have 4 more who make 10 an hour. Before I pay those 10 an hour guys, 15 an hour, I will cut them loose and the 30 an hour guys will just have to pick up the slack.

Jim
3 months ago

Had all these people not only finished high school, but gone on to get further education they could earn good wage.

Demanding a higher wage for a high school kids job is insane! They have NO clue what it costs the employer for unemployment insurance, workers compensation insurance, matching payroll taxes, etc…etc…

Maybe had they gotten a decent education and gone into business for themselves, they would clearly see it all first hand!

Anyone who cow tows to $15 per hour wages will lose my business before they go out of business!