Saturday, November 22, 2008

Charlie Wilson does not understand economics

Too many comments on this one.

First he votes to raise the minimum wage. If he'd do a little reading, he'd understand this puts people out of work. If employers have to decide if it's more cost effective to buy a machine since they can't afford to hire workers, how does this help those this "raise" is supposed to help? Also, if stores raise their prices because the labor price goes up, who pays? Those that the bill was supposed to have helped. And on top of paying higher prices, now they are out of work.

Which brings me to the next point:

Now he votes to extend unemployment "benefits" (redistribution of wealth). He also voted to do this in May. So how does paying people not to work help our unemployment situation? We should be encouraging folks to work, not paying them not to.

Another dumb idea: Bailout the auto industry. We should let them make the decisions they have to to stay in business. Everyone knows they need to get rid of the greedy union thugs sucking them dry and making our automobiles less competitive than Honda, Nissan, Toyota, etc, who, by the way, do just fine building cars in the US. The only difference is, they are non-union. Giving Detroit taxpayer money would reward bad management and just prolong the inevitable. If they had to fix their business now, they might have a chance. Of course the union backed dems want to continue to receive their campaign contributions from the unions, hence their support of this bailout.

Lastly, Wilson's support of the deceptively labelled "Employee Free Choice Act". See previous post here.

Our Representative knows nothing about economics.................or he does know about economics and doesn't care, just wanting to receive union campaign checks. Either way, he needs to go.

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