Law

COLUMN: Escape from Colorado's minimal wage entice | Opinion – Colorado Springs Gazette

Now is the time to remove the state's minimum wage mandate from the Colorado constitution before it can do massive damage.

Mind you, I find the idea of ​​a minimum wage immoral and ugly, as I'll explain in a moment. But I argue that we have to remove this mandate from the constitution and, assuming we have to keep it at all, just add it to the statute. And do it this year.

The statutes can be changed by the legislature and the governor at any time. State constitutional amendments are slow, difficult and must be submitted to the people for approval.

The constitution is difficult to change.

Our constitutional mandate increases the minimum wage every year by the rate of inflation. That sounds good and guarantees that minimum wage workers at least keep up with the "cost of living".

Unfortunately, most Americans don't remember inflation. I don't even really remember it. In the 1970s, when price inflation destroyed lives, it was my father's problem. I had more pressing matters, like girls. So why bring up the subject now?

We forget how quickly inflation can start and how easily it can get out of hand.

There are many signs that, despite the drive the Federal Reserve is trying to calm us down, inflation may be galloping again this year.

While there are a variety of factors that lead to price inflation, the most important one is the pressure of money by the Federal Reserve and the speed at which that money flows through the economy.

The Fed has been pumping fabricated money into the system for decades, making inflation likely inevitable. But the COVID orgy of money printing is like nothing an American has ever seen.

Trillions over trillion dollars were made out of nothing in 2020. And now that President Joe Biden and Democratic control rule both houses, more is safe. Look for $ 2,000 per person stimulus checks and massive bailouts for states coming soon once the post-pandemic economy begins to warm. (Invented money + speed from a growing economy = price inflation)

What does this have to do with the minimum wage in Colorado?

Well, as was proven in the 1970s, high inflation and high unemployment can combine and accelerate both.

Stagflation.

If (and it's an “if”) inflation explodes, our constitutional mandate will raise the minimum wage in Colorado.

As wages soar, fewer employers can afford to hire workers – and unemployment rises.

Colorado could find itself in a situation where people are desperate for a job, but because of its constitutional mandate, no one can afford to hire them.

Imagine a minimum wage of $ 20, then $ 30, and then $ 50. There may be tons of people willing to work for far less, but the state constitution makes this a crime. It could get out of hand.

And you thought Colorado's unemployment system was having problems with COVID?

The easy way to prevent this from happening is to shift the mandate from the constitution to the law. In practice nothing changes, but if this inflation / unemployment scenario occurs the legislature would have the power to fix it.

Legislators should include this reform in the November vote this year.

A complete constitutional abolition of the minimum wage would be better now, but politically impossible.

The minimum wage is hateful and bigoted.

Laws that prevent people from entering into a voluntary relationship of their choice are just morally abhorrent. Money isn't the only factor in getting a job. People choose voluntary relationships such as employment for a myriad of reasons.

Take two hypothetical neighbors. Ginger sets up her own auditing company. Maryanne is her neighbor at home and the kids are finally going to school, which means she finally has time to devote herself to developing new professional skills. For example, Ginger can only afford $ 5 an hour for the help she urgently needs to grow her young business.

Maryanne wants to learn bookkeeping, and for her a flexible schedule and no commute are more important than a higher wage. This fits perfectly!

Now, remember, if Ginger and Marianne wanted a lesbian relationship or a same-sex marriage, the law rightly protects their desire for those relationships.

But if they want an employer-employee relationship, that's too perverse for the law to allow.

Apparently, leftists only support consensual relationships when people are naked.

Jon Caldara is President of the Independence Institute in Denver and hosts "The Devil's Advocate with Jon Caldara" on Colorado Public Television Channel 12.

Jon Caldara is President of the Independence Institute in Denver and hosts "The Devil's Advocate with Jon Caldara" on Colorado Public Television Channel 12.

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