Mark Levin was extremely frustrated by Romney’s assertion that we need automatic federal minimum wage increases. Or rather, by the fact that Romney doesn’t know any better.
From The Right Scoop:
He’s a Corporatist, not a Capitalist.
Rush said essentially the same thing yesterday, though Levin’s screeching is a bit more entertaining.
“Republican presidential contender Mitt Romney renewed…” Now, listen to me, folks. Mitt Romney “renewed his support yesterday for automatic increases in the federal minimum wage to keep pace with inflation, a position sharply at odds with traditional Republican business allies, conservatives, and party senior lawmakers.” By the way, folks, have you seen the teenage unemployment rate in this country? Well, can you say “25%”? It’s 16%, 18%. It’s way, way up there. The teenage unemployment rate, it’s at record highs.
Whatever it is, it is at a record high, and why do you think that is? In part, it’s the minimum wage. Businesses are having enough trouble as it is in this economy, and then to be told to go out and hire a bunch of people who have no experience and pay them an arbitrary amount of money that has no relationship to the business’s operation or cost structure, is literally absurd. And so the only option the small businessman has is not hiring anybody. You can price it… It’s sort of like raising tax rates and these dummkopfs in Washington think, “Well, you raise the tax rate and these taxpayers just sit out there like a bunch of idiots and they’ll pay it.” And every time tax rates are increased, guess what? Revenue goes down. If you want more of an activity, you cut taxes on it. If you want less of an activity, you raise taxes.
If you want more homes sold, then you allow the interest on a mortgage to be deducted. If you don’t want a lot of homes to be sold, take that deduction away. If you want to spur teenage hiring, lower the minimum wage or get rid of it. If you want to retard teenage hiring — if you want to slow it down, if you want to limit the amount of teenagers to get jobs — raise the cost of hiring them. And that’s what an increase in the minimum wage is. The minimum wage, the stock conservative answer to it is get rid of it. It certainly isn’t to raise it. It certainly isn’t to tie it to the cost of living index.”
Yup.
3. February 2012 at 10:24 am
i don’t think he has anymore feet or any more room in his mouth…
3. February 2012 at 10:27 am
Nope.
3. February 2012 at 6:42 pm
Romney just needs to STFU.
3. February 2012 at 6:44 pm
Not a chance of that now…
3. February 2012 at 7:06 pm
that idea came from his union mentality, union & government workers have automatic raises guaranteed so why not the non-union minimum wage?
I have seen so many nice products just disappear because they kept raising the price until people just stopped buying it – by the time they lowered the price back to where it was something cheaper had replaced it – I have also seen people make a lot more money b y lowering the price so more people could & would by it – this was taught in Marketing 101 in my collage days, I guess Democrats did not take the course
3. February 2012 at 7:14 pm
Too busy taking community organizing…
3. February 2012 at 11:57 pm
Surprise! Surprise!
The presumptive Republican nominee isn’t a conservative. There have been two conservative Republican nominees since 1952. Goldwater lost big, Reagan won big. The establishment Republicans hated Reagan. Sorry, I don’t remember much of Goldwater’s run but I suspect they didn’t much like Barry.
To Hell with it. I’m gonna vote “notRomney in the primary but if the sumbitch wins the nomination I’m gonna be the most ardent Romney supporter there has ever been. I’ll be out there wanting to have the asshole’s babies or something, anything to get Obama and Mooch-elle outa our house.
And I’ll still be trying to get more really conservative types in at the Statehouse and Congress. Hell, we are three or four election cycles away from having the TEA Party make a real difference.
4. February 2012 at 7:43 am
Frankly, I don’t know if I could make myself vote Romney.
4. February 2012 at 6:28 am
Go ahead and give regular increases. When the increase outstrips their skill level or production according to willingness to work, employers can dump them for new help.