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The Unstated Logic of Every Every Minimum-Wage Law

Summary:
A deputy sheriff pays a visit to a small business. He confronts the owner. DS: I see you got a “help wanted” sign in your window. Owner: That is correct. DS: How much is the starting wage? Owner: The federal minimum wage. DS: We got a local minimum wage of an hour. Time to buy old US gold coins Owner: I cannot afford that much. DS: That don’t cut it with me, boy. The city government says you got to pay a living wage. Owner: I already do. All of my employees are alive. DS: You trying to make me look stupid, boy? Owner: You don’t need any help from me. DS: I see. A smart ass. Well, we got ways of dealing with smart asses. I’m writing you up. You’re going to pay a ,000 fine, I expect. Owner: That’s outrageous. DS: No, it

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A deputy sheriff pays a visit to a small business. He confronts the owner.

DS: I see you got a “help wanted” sign in your window.

Owner: That is correct.

DS: How much is the starting wage?

Owner: The federal minimum wage.

DS: We got a local minimum wage of $15 an hour.

Time to buy old US gold coins

Owner: I cannot afford that much.

DS: That don’t cut it with me, boy. The city government says you got to pay a living wage.

Owner: I already do. All of my employees are alive.

DS: You trying to make me look stupid, boy?

Owner: You don’t need any help from me.

DS: I see. A smart ass. Well, we got ways of dealing with smart asses. I’m writing you up. You’re going to pay a $10,000 fine, I expect.

Owner: That’s outrageous.

DS: No, it ain’t. $334,000 is outrageous. That’s what Seattle collects. We’re real lenient around here.

Owner: But I cannot afford to pay $15/hour.

DS: Well, then, you need to go into another line of work.

Owner: But I have invested everything I own in this business. I took out a large loan.

DS: Then you better have gotten someone to co-sign the note.

Owner: I will have to fire all my employees.

DS: Then they will get jobs that pay a living wage.

Owner: But they can’t get jobs that pay more than I do. That’s why they took my offer. I’m the best deal they have.

DS: You’re one of them exploiters. You take advantage of poor people. That’s not going to be allowed.

Owner: You’re going to kill small businesses all over town.

DS: Serves them right.

Owner: But how will they support their families?

DS: Not my problem.

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Gary North

Gary Kilgore North (born February 1942) is an American Christian Reconstructionist theorist and economic historian. North has authored or coauthored over fifty books on topics including Christian theology, economics, and history. He is an Associated Scholar of the Ludwig von Mises Institute.

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