
<p>President Biden has issued an <a href="https://punchingbagpost.com/2021/01/bidens-plan-for-day-1-reverse-all-of-trumps-achievements/">Executive Order</a> granting all federal workers a minimum wage of $15. So, what is wrong with that? EVERYTHING!!!</p>



<p>First of all, increasing the federal compensation levels for federal workers should be part of the federal budget process. That means Congress should establish any minimum wage. But – unfortunately – Congress does truly little of what it is supposed to do. As a result, it has created a law-making, war-declaring budget-establishing vacuum that Executive Orders are filling – putting the Balance of Power concept out of whack.</p>



<p>The second problem is that the Order is pure political symbolism with little to no impact on the economy or on the federal workforce. ; And that is arguably a good thing. ; It will not add to our federal expenses. ; But that only applies to this Executive Order regarding federal workers. ; An expansive private sector order would have bad results – as noted below.</p>



<h3 class="wp-block-heading">Why won’t this particular Order have any impact? ; </h3>



<p>If you have kids, you may be familiar with the book series, “Where’s Waldo?” ; Each page has a cartoon featuring hundreds of tiny people in various settings. ; The object was to find Waldo among the crowd.</p>



<p>This reminds me of that kiddie challenge because finding a federal employee making less than $15-per-hour is as difficult as finding Waldo – maybe more so. Remember, job-for-job federal workers – and almost all government workers – are highly paid when compared to private sector counterparts.</p>



<p>The third issue is that the minimum wage, itself, is devoid of the promised benefits. It applies to a very small percentage of American workers – and the modest benefits for the few will be short-lived. Individual employers will find it necessary to undertake one of three strategies – or a combination of the three – to cover the cost of any imposed increase. Employers will:</p>



<h3 class="wp-block-heading">Forgo planned or future general wage increases. ; </h3>



<p>Eventually, even low-level inflation catches up, and the benefit is nullified. ; That is why there are demands to increase the minimum wage over and over again.</p>



<h3 class="wp-block-heading">Delay in hiring or even laying off workers. ; </h3>



<p>Virtually every economist and business leader – from Bill Gates to the owner of Joe’s Diner – have confirmed that fact. ; Increasing minimum wage thwarts any plans for job creation. ; It is a job killer – and the higher the minimum wage the more jobs it kills.</p>



<h3 class="wp-block-heading">Raise prices </h3>



<p>Adding to the financial burden of all consumers. ; Regulation of wages and prices has never worked. ; It has created inflation and/or resulted in shortages.</p>



<p>Minimum wages are never living wages – and never have been. They are intended for that segment of the working public that does not require a full-time living wage. Minimum wage is for interns, second incomes, semi-charitable work, retirees, teenage part-time workers, etc. As the minimum wage increases, those types of opportunities shrink or disappear.</p>



<p>The increase in the minimum wage for federal workers is just one more indication that Biden is going to rule from the top-down philosophy of the radical left whether it benefits we the people or not.</p>



<p>So. There ‘tis.</p>

Biden Orders Minimum Wage for Bureaucrats
