Laissez-faire Economics Develop Highly Skilled Labor and Competitive Markets
A basic living income from the Federal government will not work because of laissez-faire economics, which means that markets must provide an environment in which individuals and companies are competitive, so they are productive. It would ensure the American economy would no longer be productive, would make America dependent upon imports in which the United States would not be able to pay for by offsetting the trade deficit with exports of goods and services. Businesses need to become more rigid and require more out of their employees, allowing the companies to make more revenue, and thus be able to pay for highly skilled labor. Individuals need to take risks to achieve financial success in America, by borrowing more money for their education, to pay it back faster later. Free rides and student loan forgiveness should only be provided to those that perform well. Government programs can ensure that even “disabled” Americans can perform well to receive a salary as a federal employee, even if private companies are unable to hire them due to disparity or implied outlooks of low performance by disabled employees. Organizations should spend more on business development and workforce development, including with the disabled, to force them to work for their organization, including through the development and use of programs utilizing public utilities such as Artificial Telepathy, which can enable thoughts, regardless of their nature, to help organizations flourish, even by forcing the positive thoughts through mind control applications that improve thoughts rather than degrade them to cause psychological disabilities and entitlements that make workers less productive.
Minimum Wage Increase Negatively Affects Core Economics of Values of Goods and Services
A minimum wage hike will cause inflation; therefore, it will raise the costs of goods and services that rely on minimum wage labor. It will prompt higher wage and salary earning employees to request raises; therefore, higher wage-earning employees get paid more systemic to minimum wage increases, which will also raise prices of goods and services. When employees are not required to work as much for the money they earn, such as due to decreased demand, due to inflation, due to rising costs of goods and services above the rates that consumers can afford, demand and supply meet an equilibrium price at a lower trade volume, causing recession or depression, depending upon how high wages and salaries are raised, defeating the purpose of increasing the minimum wage, until the value added in the goods and services is enough of an increase to justify increasing wages and salaries, dependent upon the individual markets and their market conditions, even specific to an organization based on the demand for its goods and services, in addition to the selling prices for its goods and services, in addition to net profits and Return on Investment (ROI).
