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Federal contractors used as testing ground for Obama social agenda


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federal-contractors-used-as-testing-ground-for-obaWashington Times:

President Obama is increasingly using federal contractors as testing grounds for his social agenda, including a higher minimum wage and expanded gay rights.

 

But contractors warn about an eventual tipping point when rules become too costly or difficult. Driving bidders out of the marketplace, they say, will lead to fewer choices and higher costs for the government.

 

“I would hate to see there be less competition as companies drop out of federal contracting,” said Connie Bertram, co-chair of the government contractor compliance practice at Proskauer. “Contractors are being unfairly picked on because at this point the administration is having difficulty getting things through Congress.”Scissors-32x32.png

 


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The Unseen Costs of the Minimum Wage

Mises Daily: Thursday, September 04, 2014 by Josh Grossman

A recent article at US News and World Report by Pat Garofalo quotes Associated Press writer Christopher Rugaber who says that “US states that boosted their minimums at the beginning of the year, the number of jobs grew an average of 0.85 percent from January through June. The average for the other 37 states was 0.61 percent.” However, this appears to be another example of the Broken Window fallacy refuted by Frédéric Bastiat in his famous essay “That Which is Seen and Unseen.” In the introduction Bastiat states that

 

in the economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects. Of these effects, the first only is immediate; it manifests itself simultaneously with its cause — it is seen. The others unfold in succession — they are not seen: it is well for us if they are foreseen. Between a good and a bad economist this constitutes the whole difference — the one takes account of the visible effect; the other takes account both of the effects which are seen and also of those which it is necessary to foresee.

 

By raising wage rates, the public can see their states’ minimum-wage earners making more money. This is the factor that is seen. What is unseen is the number of jobs

http://mises.org/daily/6868/The-Unseen-Costs-of-the-Minimum-Wage

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McDonalds-protest.jpg

Rally for a higher minimum wage outside a McDonald's restaurant at the Empire State Plaza concourse in Albany, N.Y., in May / AP

BY: Bill McMorrisSeptember 4, 2014 5:20 pm

The flacks behind Thursday’s protests over wages for fast food employees have earned millions from unions for their efforts to lighten the pockets of middle class franchise operators.

http://freebeacon.com/issues/the-one-percenters-behind-fast-food-protests/

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