Without a doubt, this past year you’ve heard the Bernie Sander’s mantra “a just wage”. When Bernie wasn’t chanting, Bernie railed against the 1 %, Wall St., corporations and just about anyone who made money (except those on the Left making money (i.e. George Soros, Bill Gates and Warren Buffett)).
And, as you know, Bernie’s answer to income differences was the penumbra of socialism’s cloud by day and a minimum wage increase to provide a home fire at night.
Yet, nothing happens in isolation, Bernie. Griping about unfairness may get you ten thousand followers but it doesn’t feed those followers in a desert economy. A kingdom understanding can and does. So, for starters, ….
Below is an excellent brief discussion about the minimum wage. Samuel Gregg, of the Acton Institute, speaks of a need for awareness on the part of both employers and employees about economic conditions and for each not to be myopic in their concerns.
Nothing happens in isolation.