For the economically challenged

By: Diane Benjamin . They won’t be getting tips. California raised minimum wage to $20 an hour for fast food workers. Below are articles detailing the results: (hint: higher prices, layoffs, automation) https://www.msn.com/en-us/money/other/california-s-20-minimum-wage-is-killing-thousands-of-jobs/ar-BB1kE8gS https://ijr.com/california-fast-food-chains-fire-workers-20-minimum-wage-kicks https://www.latimes.com/business/story/2024-03-27/fast-food-minimum-wage Economics 101 should be required in high school. Raising the minimum wage hurts more people than helps. Next a real […]

Koos shows true colors again

by:  Diane Benjamin Maybe you remember Normal Mayor Koos was a signing member of Mayor’s Against Illegal Guns. (http://blnnews.com/2013/01/25/mayors-against-illegal-guns/)  That group was started by former New York Mayor Michael Bloomberg, the same guy who tried to limit the size of soda people in New York can buy.  Bloomberg then interjected tons of money across the […]

Better take your lunch Thursday!

Somebody in Chicago is organizing a protest here!  Wow, I guess we’ve hit the big time.  They obviously don’t understand how wages are set, so here is the link again:  http://blnnews.com/2012/08/22/the-minimum-wage-fallacy/ People with limited skills shouldn’t expect to earn a lot of money.  Your dollar worth is measured by your skills.  Fast food workers are […]

The Minimum Wage Fallacy

UPDATE:  This article was originally published in August of 2012.  Since Gov Quinn doesn’t understand economics, I’m republishing it.   If you want to see higher unemployment, order food yourself at fast food restaurants, and make it impossible for youth to find jobs – raise the minimum wage! by:  Diane Benjamin Minimum Wage – Living […]