— Comments —

Terry Morris writes:

I sometimes wonder how many of the “common herd” can truly grasp these simple concepts. Sometimes I think one has to “know it to understand it.”

I have four sons. I own and operate a home remodel business that I have employed them all at over the years since they were no more than ten years-old respectively (it’s part of their educations, so, sue me.) Our youngest son is 12; last summer was his first full summer working for yours truly at remodel work. When our eldest son got married and started his family, he instantly got a significant pay raise. His pay steadily increased over the next few years as his family began to grow. Prior to which, he didn’t get paid as much because I had a dozen more employees to pay, several of whom were married, with children. Even though he knew more, and was more productive than most of my other employees, he never questioned the pay situation. Our daughter married four years ago. By which time I’d gradually downsized my business and made it a family business only. In other words, I only took on enough work to keep myself and my boys employed. Our daughter’s husband, after trying his hand at a couple of different professions, ultimately decided he was interested in my line of work and wanted to give it a go. Our eldest son had long-since moved on to a different sort of work in the computer programming & maintenance field; a field he continues to work in. However, my two sons who are his younger brothers (now ages 21 & 17 respectively) continued to work for me remodeling houses. When I took their brother-in-law on as a full time employee for a time, and paid him at a higher rate than them, they never batted an eye or made a single complaint. Why? Well, because they understood he had a family to take care of, as opposed to them.

I reckon the government mandates so called “minimum wage” and “overtime” laws because it is a more lucrative/profitable means for it to collect taxes. Take the $4.80 per hr. vs. the $11.00 per hr. “minimum wage” difference in the video as an example. Not a whole lot to tax in the lower amount for a 17 year-old kid living with his parents; whereas, at over double the amount per hour per employee, the government can truly “rake it in” off their paychecks, and still leave them with an amount that seems “worth it” to drag themselves back into work the next week. Same with overtime laws and pay, but worse for the worker. Which is why it is so often complained of that working overtime hours “doesn’t pay.” I’m not a fan of “taxing” government workers either, but that is an entirely different, albeit related, matter.

I liked the video, I just highly doubt many people truly “get it.” Even after it is so clearly explained.

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