1 00:00:00,000 --> 00:00:08,240 You are listening to No PC Allowed, aka No Political Correctness Allowed, and I 2 00:00:08,240 --> 00:00:18,960 am Mac Iverson. Minimum wage, maximum stupidity. This is the dumbest idea 3 00:00:18,960 --> 00:00:24,360 imaginable and anyone with a triple-digit IQ should know it, but bleeding heart 4 00:00:24,360 --> 00:00:31,160 politicians love condescending to the poor. Never-ending increases in the 5 00:00:31,160 --> 00:00:35,960 minimum wage intersects perfectly with artificial intelligence, AI, stealing jobs 6 00:00:35,960 --> 00:00:40,720 and opportunities away from your kids and grandkids. This has George Soros dirty 7 00:00:40,720 --> 00:00:46,800 little myths all over it. Isn't it funny how none of the power brokers in the AI 8 00:00:46,800 --> 00:00:51,600 industry want to openly and honestly debate the pros and cons of AI? They 9 00:00:51,600 --> 00:00:57,280 don't even want to sell it to us with a slick sales pitch. Just this is the 10 00:00:57,280 --> 00:01:05,120 future and here it is. Take it or leave it. But if it's forced upon us we won't 11 00:01:05,120 --> 00:01:10,880 be able to leave it. That line jackal George Soros claims to want an open 12 00:01:10,880 --> 00:01:18,440 society. No. In reality he wants the opposite. A closed a-hole society where 13 00:01:18,440 --> 00:01:23,680 he and others like him, his son and other family members, can run a rough shod over 14 00:01:23,680 --> 00:01:30,080 everyone else, especially the poor. And his obsession with endlessly increasing 15 00:01:30,080 --> 00:01:35,240 the minimum wage proves it. It is the precursor to reparations for the poor. 16 00:01:35,240 --> 00:01:41,000 The millions who won't be able to find any work because of AI and the minimum 17 00:01:41,000 --> 00:01:46,760 wage, they will need to be stuck in welfare payouts for the rest of their 18 00:01:46,760 --> 00:01:52,880 lives. No wonder so many people don't want to have kids anymore. For too many 19 00:01:52,880 --> 00:01:58,640 it can easily turn into hell on earth. That's a mistaken notion but too many 20 00:01:58,640 --> 00:02:04,320 people these days obviously see it that way. All of the rationalizations for 21 00:02:04,320 --> 00:02:09,000 endless minimum wage increases sounds very funny to me because it's so 22 00:02:09,000 --> 00:02:15,160 obviously dishonest. Number one, they claim it is to keep pace with increases 23 00:02:15,160 --> 00:02:20,560 in costs of living. But recent massive government spending and increases in 24 00:02:20,560 --> 00:02:26,440 money supply fuels inflation and increases in costs of living. And number 25 00:02:26,440 --> 00:02:31,360 two, they claim it will lift millions out of poverty. This one especially makes me 26 00:02:31,360 --> 00:02:36,520 chuckle because it's so stupid sounding. The mere possibility of a technicality 27 00:02:36,520 --> 00:02:43,520 of pushing some people barely above the poverty level due to an increase of the 28 00:02:43,520 --> 00:02:47,680 minimum wage is a silly trivial benefit when compared to all the obvious 29 00:02:47,680 --> 00:02:54,800 drawbacks of an increase for everybody else who is supposed to benefit. The 30 00:02:54,800 --> 00:03:01,080 Congressional Budget Office, CBO, claims that 1.3 million people magically 31 00:03:01,080 --> 00:03:05,840 climb more or less permanently out of poverty just because of a significant 32 00:03:05,840 --> 00:03:12,760 increase. But the fallacy of the CBO is contained in its very name. The CBO is a 33 00:03:12,760 --> 00:03:17,800 reflection of our turncoat and traitorous Congress. The same Congress 34 00:03:17,800 --> 00:03:23,400 that has allowed and continues to allow some 10,000 illegal aliens to cross into 35 00:03:23,400 --> 00:03:29,840 America per day. Proponents claim that this pay increase auto-magically removes 36 00:03:29,840 --> 00:03:34,360 many millions of families out of the need for federal and state welfare type 37 00:03:34,360 --> 00:03:39,600 programs. This may make sense to all the low-information, low-intelligence 38 00:03:39,600 --> 00:03:45,880 voters, mostly in the demon cat Democrat Party, but a coercive tax upon businesses 39 00:03:45,880 --> 00:03:51,880 always negatively affects the hard-working, industrious, private sector 40 00:03:51,880 --> 00:03:57,320 middle class the most. Not the Democrat controlled unions or the government 41 00:03:57,320 --> 00:04:03,440 union sectors of the economy, but those entrepreneurial minded job creators known 42 00:04:03,440 --> 00:04:09,400 as small businesses. It hurts them most because they are not the crony socialist 43 00:04:09,400 --> 00:04:14,960 giant corporations who do benefit greatly from the minimum wage increases 44 00:04:14,960 --> 00:04:20,800 because it helps stomp out their much smaller competitors. The very small 45 00:04:20,800 --> 00:04:25,880 competitors, especially those employing only one to five hundred employees, the 46 00:04:25,880 --> 00:04:29,640 ones who can never compete with a Walmart or a Target or McDonald's 47 00:04:29,640 --> 00:04:35,960 because the playing field is so uneven. Even former California governor, ultra 48 00:04:35,960 --> 00:04:43,280 left-wing Jerry Brown, knew this. He admitted it, but still supported increase. 49 00:04:43,280 --> 00:04:49,880 Why? Because that's the way business is done with the deep state. Keep their jack 50 00:04:49,880 --> 00:04:57,160 boots clamp firmly down on the throats of the poor. As long as Americans continue 51 00:04:57,160 --> 00:05:04,040 to act like morons, the corruption will never, never, ever end. That, dear listener, 52 00:05:04,040 --> 00:05:10,200 is a mathematical certainty. Americans must wake up in order to create a 53 00:05:10,200 --> 00:05:17,800 conservative renaissance. Sleepyheads make poor warriors. So these so-called pros 54 00:05:17,800 --> 00:05:24,000 of a pay increase are actually cons. More obvious cons. Businesses have to 55 00:05:24,000 --> 00:05:29,360 increase prices, thus fueling inflation. We are now experiencing hyperinflation 56 00:05:29,360 --> 00:05:35,400 across many sectors as a result. Minimum wages have in turn increased operating 57 00:05:35,400 --> 00:05:39,120 expenses across the board, hurting millions of Americans, especially the 58 00:05:39,120 --> 00:05:44,520 ones who supposedly benefit from the pay increase. So they take one step forward 59 00:05:44,520 --> 00:05:49,760 and two steps back because, let's face it, even $15 an hour or more isn't much, 60 00:05:49,760 --> 00:05:54,560 even though that is enough to cripple and destroy a small business competitor 61 00:05:54,560 --> 00:06:00,640 forever. So the real winners are the crony socialist corporations who keep all 62 00:06:00,640 --> 00:06:06,240 the small players from competing. Also, the bleeding heart, lying sack of garbage 63 00:06:06,240 --> 00:06:11,440 politicians win because they keep all of their big corporate donors happy. The 64 00:06:11,440 --> 00:06:15,840 minimum wage class gets conned into thinking they're getting a good deal and 65 00:06:15,840 --> 00:06:21,200 so the majority of these simpletons stay loyal to the demon cat Democrat Party 66 00:06:21,200 --> 00:06:26,960 while they stay stuck in generous pain but menial jobs, possibly for the rest of 67 00:06:26,960 --> 00:06:32,320 their lives. But at least they'll gratefully vote against those free evil 68 00:06:32,320 --> 00:06:37,240 enterprise Republicans for the rest of their lives too, which is one of the 69 00:06:37,240 --> 00:06:46,320 unstated major goals of the increase in minimum wage. Another big con of this con 70 00:06:46,320 --> 00:06:53,400 job minimum wage increase is job losses. Fewer jobs and inferior customer service 71 00:06:53,400 --> 00:06:58,920 is a logical result. Labor is a major cost of doing business and expensive 72 00:06:58,920 --> 00:07:03,760 employees must be cut to maintain profitability. Empirical evidence shows 73 00:07:03,760 --> 00:07:08,400 that minimum wage increases leads to price increases in goods and services 74 00:07:08,400 --> 00:07:15,880 produced with lower and lower skilled labor, leading to lower quality. Millions 75 00:07:15,880 --> 00:07:21,240 of jobs are now being lost and millions more will be lost to lower wage countries 76 00:07:21,240 --> 00:07:27,120 due to AI advancements. The US job market becomes tighter because companies can't 77 00:07:27,120 --> 00:07:32,320 afford to make expensive mistakes with more casual hiring practices. So a 78 00:07:32,320 --> 00:07:38,120 larger number of over qualified workers get hired at the expense of the ones the 79 00:07:38,120 --> 00:07:45,400 minimum wage was ostensibly supposed to benefit, the young and inexperienced. This 80 00:07:45,400 --> 00:07:50,640 minimum wage idea is being further bastardized and degraded into a Ponzi 81 00:07:50,640 --> 00:07:53,960 scheme for the wealthy and privileged at the expense of the young and the poor. 82 00:07:53,960 --> 00:08:00,760 Again the exact opposite effect that it claims. But most Americans foolishly 83 00:08:00,760 --> 00:08:06,640 don't see any of it. The overwhelming majority view it as a good thing. Not 84 00:08:06,640 --> 00:08:13,200 only is an increase an obviously glaringly bad thing, but the very idea of 85 00:08:13,200 --> 00:08:20,400 a minimum wage, any minimum wage, even $1 per hour, has been absolutely 86 00:08:20,400 --> 00:08:27,360 devastating to young Americans. But we've become used to it. Gone are the days of 87 00:08:27,360 --> 00:08:32,920 the Horatio Alger young hero, ready to tear at the world by boldly charging 88 00:08:32,920 --> 00:08:37,080 into an office and saying I will work for nothing and start at the bottom for 89 00:08:37,080 --> 00:08:43,240 a month. Just give me a chance to prove my moxie and my medal. That kind of 90 00:08:43,240 --> 00:08:48,840 American free enterprise economy would be booming if only we allowed it. The 91 00:08:48,840 --> 00:08:55,120 creme de la creme would rise to the top, but alas the loyers and the prissy 92 00:08:55,120 --> 00:09:00,860 sissified fairness Nazis have taken over America at least for the time being. The 93 00:09:00,860 --> 00:09:05,920 federal minimum wage was implemented in 1938 under the very dishonest and 94 00:09:05,920 --> 00:09:12,920 Orwellian sounding Fair Labor Standards Act. It started at 25 cents per hour and 95 00:09:12,920 --> 00:09:18,360 has since increased some 23 times. Proponents of the increased minimum wage 96 00:09:18,360 --> 00:09:23,840 argue that when adjusted for inflation, minimum wage has decreased significantly 97 00:09:23,840 --> 00:09:28,560 over the decades. But government interference such as minimum wage 98 00:09:28,560 --> 00:09:34,600 mandates are largely responsible for inflation. The government caused the 99 00:09:34,600 --> 00:09:39,400 inflation and now government wants to fix the Frankenstein that it created. In 100 00:09:39,400 --> 00:09:47,560 what universe does this make any sense at all? Americans lack gusto because 101 00:09:47,560 --> 00:09:53,080 loyers have sucked the aggressive instincts out of the poor and middle 102 00:09:53,080 --> 00:09:58,920 class young American males in particular. A sad depressed politically correct 103 00:09:58,920 --> 00:10:05,480 passivity stands like stale stinking swamp water in the place of a rock-solid 104 00:10:05,480 --> 00:10:12,160 and ingenious work ethic. Success is now reserved for all the entitled trust fund 105 00:10:12,160 --> 00:10:18,520 spoiled snot noses who grew up to be arrogant free enterprise hating a-holes 106 00:10:18,520 --> 00:10:26,280 like Bill hates the truth gates, Jeff suck a buck, weird beard, and Jeff bozos 107 00:10:26,280 --> 00:10:33,600 etc etc ad nauseum. When the minimum wage was put in practice in 1938, inflation 108 00:10:33,600 --> 00:10:39,160 really took off in the 40s and jobs became scarce because small businesses 109 00:10:39,160 --> 00:10:43,640 which almost by definition were struggling were also struggling to hire 110 00:10:43,640 --> 00:10:48,400 and so more and more males especially were left on the streets to fend for 111 00:10:48,400 --> 00:10:55,400 themselves when they should have been working. Back then there was a 9.4% black 112 00:10:55,400 --> 00:11:01,840 unemployment rate and 10.4% for whites. Today's actual real unemployment rates 113 00:11:01,840 --> 00:11:09,040 are even higher partly because of recent increases in minimum wages. Unions love 114 00:11:09,040 --> 00:11:14,240 raises in the minimum wage not because they're compassionate but because the 115 00:11:14,240 --> 00:11:19,560 more inexperienced workers earn the more likely more experienced union workers 116 00:11:19,560 --> 00:11:24,560 are to actually get more work. The higher the minimum wage goes the more likely 117 00:11:24,560 --> 00:11:29,400 they are to be displaced by the union workers thus benefiting union 118 00:11:29,400 --> 00:11:36,080 leadership above all else. The majority of minimum wage earners are part-time. 119 00:11:36,080 --> 00:11:42,280 This trend is growing. Businesses are increasingly finding AI to substitute for 120 00:11:42,280 --> 00:11:47,080 sassy and irresponsible teen workers. Another one of the main goals of minimum 121 00:11:47,080 --> 00:11:52,400 wage an increase in automation. An increase in minimum wage corresponds 122 00:11:52,400 --> 00:11:58,440 with advancements in artificial intelligence. The AI industry greatly 123 00:11:58,440 --> 00:12:03,640 advances when it is pressured through damaging laws such as this to expand its 124 00:12:03,640 --> 00:12:10,640 business model. The AI industry supports fewer workers of course. They stand to 125 00:12:10,640 --> 00:12:14,880 make billions even trillions in the coming years if Americans don't wake up 126 00:12:14,880 --> 00:12:21,000 and stand against this blatant profit and power grab to wreck the character and 127 00:12:21,000 --> 00:12:26,320 dignity building nature of entry-level low-paying opportunities for all young 128 00:12:26,320 --> 00:12:32,400 people. Minimum wage depresses income of those earning slightly more than minimum 129 00:12:32,400 --> 00:12:40,320 wage. $20 per hour workers lose out to $16 per hour workers. Recent studies show 130 00:12:40,320 --> 00:12:45,040 that this makes young workers remain less skilled well into their late 20s. 131 00:12:45,040 --> 00:12:50,360 Fewer skills because of the motivation to stay stuck in lower paying and safer 132 00:12:50,360 --> 00:12:58,040 but unchallenging jobs with no futures. Most people agree that a worker should be 133 00:12:58,040 --> 00:13:03,720 paid what they're worth to their employer. By contrast, minimum wage is a 134 00:13:03,720 --> 00:13:09,600 very anti-capitalist notion. Hiring someone for a wage that they cannot 135 00:13:09,600 --> 00:13:14,720 achieve in the real world without government coercion spells possible doom 136 00:13:14,720 --> 00:13:20,480 for their future well-being. It makes them soft and uncompetitive. It's a 137 00:13:20,480 --> 00:13:24,760 handout not from government but from the struggling business and especially a 138 00:13:24,760 --> 00:13:30,040 struggling small business it's designed to cripple both the employee and the 139 00:13:30,040 --> 00:13:35,560 business. That's radically unfair and tyrannical but Americans are so 140 00:13:35,560 --> 00:13:41,540 brainwashed on this pansy notion of so-called quote helping unquote the young 141 00:13:41,540 --> 00:13:45,920 and inexperienced to the point of suffocating their initiative and 142 00:13:45,920 --> 00:13:52,760 drowning their drive. Minimum wage has socialist communist class envy written 143 00:13:52,760 --> 00:13:58,200 all over it. The Davos billionaire set does not want any future competitors 144 00:13:58,200 --> 00:14:03,760 rising up from the ranks of the working class to ever challenge the thrones of 145 00:14:03,760 --> 00:14:08,680 their children's children's children. These power brokers want even more power 146 00:14:08,680 --> 00:14:14,480 so they must create unemployed and unemployable losers whose only real 147 00:14:14,480 --> 00:14:19,120 skill is sitting on their butts munching on chicken McNuggets at McDonald's and 148 00:14:19,120 --> 00:14:25,000 counting the weeks months and years as they quickly tick away. The Davos demons 149 00:14:25,000 --> 00:14:30,080 and Chinese communist fascists want consumers of their damning not goods but 150 00:14:30,080 --> 00:14:36,480 bads and services be it a COVID booster shot or a porn flick or home delivery 151 00:14:36,480 --> 00:14:40,560 of pot or whatever crooked concept they can cook up for average Americans to 152 00:14:40,560 --> 00:14:45,480 keep them feeling broken lost and defeated and this all benefits the Davos 153 00:14:45,480 --> 00:14:51,920 demons always always it's all for their benefit never yours or the average 154 00:14:51,920 --> 00:14:58,280 American citizen. The worst part of all this again it is hurting the growing and 155 00:14:58,280 --> 00:15:02,520 struggling American small business. Collectively they are the largest 156 00:15:02,520 --> 00:15:08,520 employers in America. Minimum wage is a special crippling and potential lethal 157 00:15:08,520 --> 00:15:13,120 tax against them while greatly benefiting bigger corporate entities and 158 00:15:13,120 --> 00:15:18,800 so it's especially pernicious even evil. It's outrageously unfair especially to 159 00:15:18,800 --> 00:15:25,600 the little guy the forgotten man both employee and employer. A minimum wage job 160 00:15:25,600 --> 00:15:31,800 should never be the endgame. It is a transitional occupational wage only. 161 00:15:31,800 --> 00:15:37,080 It essentially becomes a private business issuing a welfare check for 162 00:15:37,080 --> 00:15:43,080 the lazy. For the United States of America this is dead wrong but a minimum 163 00:15:43,080 --> 00:15:50,160 sense of morals will bring down our warped sense of entitlement which is at 164 00:15:50,160 --> 00:15:57,980 the very base of all human corruption. The obvious upshot of all this the 165 00:15:57,980 --> 00:16:03,480 higher the minimum wage creeps so creeps the employers notion to not hire at all 166 00:16:03,480 --> 00:16:10,400 but simply make do and to rely on advancements in automation. Self-driving 167 00:16:10,400 --> 00:16:15,440 cars are important to destroying those millions of blue-collar driving jobs. 168 00:16:15,440 --> 00:16:21,120 It's the one-two punch of minimum wage increases and driverless cars to create 169 00:16:21,120 --> 00:16:27,120 more pathetic of victims on purpose so that they abandon the Republican Party 170 00:16:27,120 --> 00:16:32,400 and join the demon cat Democrats for permanent unemployment compensations and 171 00:16:32,400 --> 00:16:39,480 benefits lifetime welfare for the poorest and least educated of American citizens. 172 00:16:39,480 --> 00:16:46,000 You see of course the deep state has already wargamed all of this. Don't think 173 00:16:46,000 --> 00:16:50,280 for a moment that these dangerous intersectionalities are of mere 174 00:16:50,280 --> 00:16:57,640 coincidence. The vast majority of honest economists know that minimum wage laws 175 00:16:57,640 --> 00:17:02,880 in general increase unemployment rates for young inexperienced workers. This is 176 00:17:02,880 --> 00:17:09,760 the last thing that America and the world needs. In all of economics 177 00:17:09,760 --> 00:17:15,440 artificially high prices create surpluses whether with produce 178 00:17:15,440 --> 00:17:20,200 manufactured goods or anything else the same is true for our fake minimum wage 179 00:17:20,200 --> 00:17:26,400 laws. It creates a surplus of unneeded human capital or potential employees who 180 00:17:26,400 --> 00:17:33,840 have no jobs. This is extreme common sense. This is also basic common sense. 181 00:17:33,840 --> 00:17:39,840 Everyone needs to know it. The minimum wage overall destroys human potential. It 182 00:17:39,840 --> 00:17:47,360 increases poverty. It hurts our economy. It hurts America and we must stop it. 183 00:17:47,360 --> 00:17:53,040 Minimum wage dehumanizes because small important jobs that adds flavor to the 184 00:17:53,040 --> 00:17:57,520 human experience go AWOL. No longer is there the person to show you to your 185 00:17:57,520 --> 00:18:02,640 seat in a darkened theater because that job doesn't lead to productivity even 186 00:18:02,640 --> 00:18:07,680 though it enhances the experience of the consumer making the consumer happier and 187 00:18:07,680 --> 00:18:12,560 therefore making the average American happier. Also corporations can afford to 188 00:18:12,560 --> 00:18:17,160 pay slightly higher minimum wages stifling those interested in working for 189 00:18:17,160 --> 00:18:22,400 smaller operations that can't afford it. For small businesses federal withholding 190 00:18:22,400 --> 00:18:26,840 goes way up and also workers compensation insurance increases as well. 191 00:18:26,840 --> 00:18:32,680 This means higher prices for consumers to especially these smaller businesses 192 00:18:32,680 --> 00:18:37,360 which means less job security which means fewer workers interested in 193 00:18:37,360 --> 00:18:42,080 working for these struggling businesses. All of these intentional and planned 194 00:18:42,080 --> 00:18:45,840 intersectionalities means that minimum wage laws hurt small business 195 00:18:45,840 --> 00:18:50,760 especially and many won't survive because of it. Here's an interesting 196 00:18:50,760 --> 00:18:55,160 development. Democrats and Republicans are flipping sides in many ways. 197 00:18:55,160 --> 00:18:59,640 Conservatives today are far more interested in the welfare of the poor. 198 00:18:59,640 --> 00:19:04,560 The Democrats other than the standard and predictable lip service from these so 199 00:19:04,560 --> 00:19:10,800 called progressives regressives in reality. Now the demon cat Democrats 200 00:19:10,800 --> 00:19:16,240 especially want endless war in Ukraine support systemic child abuse through 201 00:19:16,240 --> 00:19:22,000 gender confusion and genital mutilation and with counterproductive forced 202 00:19:22,000 --> 00:19:28,200 increases in wages. All of this converging to make sure the poor can 203 00:19:28,200 --> 00:19:34,280 never pull themselves up by their own bootstraps. It seems so obvious that 204 00:19:34,280 --> 00:19:41,200 today the left detests the poor and will do anything policy wise to keep them 205 00:19:41,200 --> 00:19:47,640 down and out forever forever. Action steps only two. Number one this is a 206 00:19:47,640 --> 00:19:52,120 recurring theme for me don't watch or read or listen to any of the network 207 00:19:52,120 --> 00:19:59,400 news or drive-by media. It's 90% lies and 10% truth. Like Satan they mix truth 208 00:19:59,400 --> 00:20:05,480 with lies to deceive. You will actually lose IQ points listening to them. 209 00:20:05,480 --> 00:20:12,480 Number two simply personally demand open town hall public debates on the pros 210 00:20:12,480 --> 00:20:19,080 and cons of advancements in AI and the minimum wage. Who benefits and who does 211 00:20:19,080 --> 00:20:24,400 it displace? The power brokers will try to overpower and manipulate this entire 212 00:20:24,400 --> 00:20:29,920 forum process. So it's important that these forums have extreme transparency so 213 00:20:29,920 --> 00:20:34,360 that average folks have the most exposure and opportunity to express 214 00:20:34,360 --> 00:20:40,280 themselves without being censored. We must push to the maximum all of those 215 00:20:40,280 --> 00:20:48,720 ideas that empower the average American. You've been listening to No PC Allowed. I 216 00:20:48,720 --> 00:20:56,440 am Mac Iverson. We will meet again next week and every week.