Listening to Neal Boortz discuss he demands of the “Occupy Wall Street” movement reminds states their demands will destroy the economy, with the current realistic unemployment rate of nearly 20% ready to soar if these leftists' agenda is met.
The crazy mandates wanted by the organisers is to raise the minimum wage, which four years ago was raised 40% from $5.15 to $7.25 per hour, to $20 per hour. When the Pelosi Reign of Terror led a 40% hike in the minimum wage in 2007 by a no-debate, no-discussion supermajority forcedown, the beginning of the current American crisis in jobs began, as Walter E. Williams noted in [i]Race and Economics: How Much Can Be Blamed by Discrimination [/i]? Youth unemployment starts at the 15% range and in some groups is over 40%, as noted by Charles Payne this summer on Fox Business Network, as a byproduct of the Pelosi stupidity. James Sherk of the Heritage Foundation noted rescinding the 40% minimum wage hike would encourage such hiring of novices, and create more entry-level hiring. He notes this on the job training results in most workers accelerating skills that result in raises, including interacting with co-workers and bosses. The result of the last severe round of minimum wage hikes led to a lack of entry-level hiring as the value of hiring such workers was lacking. Some states have added further hikes to destroy their states.
A nearly 150% hike in the minimum wage to $20 would destroy jobs for good, and businesses would choose to locate their businesses in Mexico, or worse yet, the rising four nations of the BRIC (Brasil, Россия, India, and Communist China).
A related demand is to guarantee such income – regardless of the person is employed or not. This has no logic. Another is “free college education,” but thanks to ObamaCare, the federal government, not private parties or financial institutions, is the only place for student loans, and we are paying the price for having gambling money subsidise college education in South Carolina after over a decade of such outrageous policies. A government monopoly is the worst possible idea, and the passing of ObamaCare gave us one, and a mandate by these activists is to fully implement ObamaCare by adopting the Canadian-style single payer system that outlaws private industry and kill health care.
Another demand of these liberals is to outlaw oil, gas, coal, and nuclear energy to push the standard liberal mantra of “wind and solar only”. However, as SCANA investors were told at a meeting, wind energy requires a minimum of 3.6 m/s of constant wind, and turbines shut down if the wind speed exceeds 20 m/s. The total demand of outlawing oil, gas, coal, and nuclear, with related “ecological restoration,” reminds me of the Taliban's anti-industry push. Many Communists have adopted the extreme environmentalist movement in order to push the idea of government in control of everything, and Lenin's Birthday (22 April 1870) is celebrated under the disguise of “saving the planet,” which popular culture has taught is more important than anything, and we see it in our trashy schoolbooks, where math, science, history, writing, and classics are ignored, while the fads of the trash are mandated in schools.
These activists demand gross Keynesian economics of spending on infrastructure, and have no regard on how they will pay for this, including a request of forgiveness of all debt, thereby creating a massive “spending without responsibility,” thinking we are a massive credit card that by law they will pay our debt. Money does not grow on trees, and they want spending without paying for it. What lesson does this teach a generation? Spend even past being broke, and get away with it?
Other demands mandate “card check,” which is part of the Left's push to unionise the entire nation, which would likely include a ban on replacement workers and legalisation of closed shops. And of course, we have the sexual deviants, successfully imposing speech codes and replacing the military with an activist organisation pushing their agenda, who want to occupy America to impose marriage laws and adoption policies in their form, banning churches from anything.
Regardless of the agenda by separate activists in Occupy Wall Street and related left-wing events, it's clear they want a utopia reminiscent of the CCCP that will fail. ◙