May 6, 2023
There are never enough regulations for progressives
By Jack Hellner
Bernie Sanders now wants a minimum wage of $17 per hour and a 32-hour work week.
"It's time to reduce the work week to 32 hours with no loss in pay. It's time to reduce the stress level in our country and allow Americans to enjoy a better quality of life. It's time to make sure that working people benefit from rapidly increasing technology, not just large corporations that are already doing phenomenally well," Sanders wrote.
Bernie, like most progressives, probably has no idea what that does to inflation and the hit that causes to productivity. Here is a simple calculation: If you get the same pay for 32 hours that you got for 40 hours you divide 32 into 40, which is 80%, so that is an automatic 20% increase in costs to the businesses, and that will have to be passed to the customers.
Bernie seems to have no idea what a policy like this would do to incentivize companies to hire fewer people and replace them with automation, but he probably doesn't care. The goal of Democrats for decades seems to be making more people dependent on the government instead of having a goal to make more people independent and giving them the opportunity to move up the economic ladder.
A huge problem is that members of Congress haven't worked even an average of 32 hours a week for a long time, so they live in an alternative universe. Five of the richest ten counties in the United States are around Washington, D.C., where they produce nothing but more bureaucracy for the rest of us, but there is never enough. The question is, when will the politicians and bureaucrats ever think they have confiscated more than their fair share? The answer is never.
more
https://www.americanthinker.com/blog/2023/05/there_are_never_enough_regulations_for_progressives.html
