The law of work does seem utterly unfair-but there it is, and nothing can change it: the higher the pay in enjoyment the worker gets out of it, the higher shall be his pay in cash, too.
Using cheap and efficient energy makes every other American industry more productive, and thus makes American employers far more competitive in global markets. Productivity creates higher paying jobs in America; it doesn't destroy them.
When I was a student at Princeton University, I was working part time in a grocery store. I saw an ad for teachers of a prep course. I don't remember what it paid, but it was easily double or triple the minimum wage.
We took the position we wanted our people to be better than minimum wage, so we're going to pay better than minimum wage, and we still do that.
I pay people very, very well - probably more than I have to. But that costs me less money in the long run because I'm not having to constantly train somebody. I pay them enough that they don't go seeking a higher scale at the next restaurant.
My question becomes, 'If we want to empower people with higher pay, there are probably better ways to do it that are more enduring than simply a federal mandate on wage level.'
I want to create an economy where minimum wage is a very brief stepping stone to higher-paying jobs so people can realize their dreams.
What I want to do is create jobs that make the minimum wage irrelevant.
If you want to know what the biggest thing in your way to an improved standard of living, higher pay, a more rewarding career is: Barack Obama and the Democrat Party and their economic policies. They are the roadblock.
Special interests don't want border controls because uncontrolled immigration lowers wages, but the job of a president is to fight for higher pay for all Americans, including recent legal immigrants living here today.
After years of working on books, I eventually took a more business-oriented job, for the same sorts of reasons that most people take most new jobs: fancier title, higher pay, opportunities for advancement.
Making a success in show business is like getting a big promotion on a job. You get more prestige, more authority, more money - and you also get longer hours, more work, and more responsibility. It evens out.
