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Why So Stingy, Joe?

 

Howdy. If you could kindly refrain from insurrectionism for a moment or three, let’s all adjust our permanent face diapers (triple layers, people!), and talk about money. Amen, Awoman, etc.

By the grace of Bramah, and by really working the cemetery and foreign algorithm votes, notorious hippity-hopper, Joey B. worked his way into the White House basement. When not sleeping, creeping, or sniffing, his handlers have him signing executive orders and plotting some sort of great reset. One of his (handlers’) schemes involves raising the minimum wage from $7.25 to $15.00 per hour. 

Look, our recovery plan also calls for an increase in the minimum wage, at 15 — at least $15.00 an hour.  No one in America should work 40 hours a week making below the poverty line.  Fifteen dollars gets people above the poverty line.  We have so many millions of people working 40 hours a week — working — and some with two jobs, and they’re still below the poverty line.  

So remarked RHEast’s daddy, on January 22, 2021, whilst signing EOs and hyping his (handlers’) American Rescue Plan. Yes, please! Won’t someone rescue the Americans? Maybe they could start by shipping out the Big Guy’s (handlers’) cabinet, the members of which do share a certain monolithic nature, no?

A week later, Obama’s Veep’s (handlers’) Press Secretary, Jen “Deer in the Headlights” Psaki, in response to a fake media question about “Fifteen,” meekly mumbled something about Chairman Sanders, Congress, Parliament moving forward, a path forward, expediting urgency, and certainly feeling something. I, for one, was inspired. Inspired, but underwhelmed. Here’s why:

Between 1960 and 1964, the minimum wage increased from $1 to $1.15. Between those years, the Treasury was doing something funny with the dollar and the federal reserve note (a legitimate President was also assassinated, though I’m sure the events were completely unrelated). Also between 1960 and 1964, the price of an ounce of silver bounced around between $.91 and $1.29. This is a rough example of how the minimum wage was once pegged to the silver dollar. If it were still so connected, then the present minimum wage would be around $28 per hour. Soooo … why so low, Creepy Joe?

Read the whole thing (almost as I submitted it) at TPC!