Joe Biden’s Democrats Want To PERMANENTLY Hurt Small Businesses With a Federal $15 minimum wage law but Small businesses with fewer than 20 employees, might qualify for forgivable Paycheck Protection Program loans – February 22, 2021,
In a world of abundant welfare, the dumbest, and I repeat the dumbest law ever created is the minimum wage law. Now even if you were a lover of welfare, you should want to abolish the minimum wage law, because the minimum wage laws is putting your welfare income at risk.
Whether it’s the National Socialists or the Democrat Socialists or full-blown Communists, it’s imperative for socialists to come after your freedom of speech, your individual rights and freedoms, and your freedom of expression, because otherwise the rhetoric that comes from the ‘Progressive Left’ eventually becomes incoherent.
The $15 minimum wage could be the first major test of Democratic unity | vox.com
So, first and foremost one of the main reasons small businesses are hurting is because of the government lockdowns, secondly, even if your small business was allowed to open your cost of doing business via the government went up, and thirdly, Federally mandated $15 minimum wages will make being a small business even more expensive even if it’s only phased in the year 2025.
I read a Peter Schiff tweet the other day that said something on the lines of if the $15 minimum wage was such a great thing, wy wait until 2025, why not impose it right away? The reason why Democrats with some common sense don’t want to force the $15 minimum wage through right away because they know o the damaging impact it will have on the economy.
You have to remember that once the $15 minimum wage becomes law, any skilled employee will also want a pay raise, because why should an experienced employee get paid nearly the same amount of money as an entry-level employee? All that aside, then the government begins picking winners and losers this usually ends very badly for the economy.
The U.S dollar under Joe Biden continues to side, energy prices continue to rise and the reason for this decline in the economy has everything to do with Joe Biden, who apparently got 81 million votes, and fewer than 1% of the mail votes for Joe Biden were considered fraudulent.
So with all of this support, Joe Biden better not disappoint, apparently if you were dumb enough to hire more than 20 employees will NOT qualify for the Joe Bidens Paycheck Protection Program (PPP) loans. I don’t know how strongly these PPP loan forgiveness will be under the Joe Biden regime, even if your business was struggling prior having more than 20 employees is a sign that you had a very wealthy business person and therefore you will not qualify.
When government begins to pick economic winners and losers unexpected events and circumstances appear. It’s one thing for Joe Biden to be incoherent when speaks, it’s another thing for his written policies and edicts to be incoherent. As it stands now, Joe Biden, Mr. Executive Order himself, which means he’s going to have own this economy has to go down as one of the dumbest U.S Presidents in American history.
Even if Joe Biden doesn’t support the $15 minimum wage, he lied to the voters who do believe in it. This obviously is going to divide the country and Joe Biden has officially drawn a line in the sand for what is considered to business worthy of Paycheck Protection Program (PPP) loan forgiveness.
Hiring more than 20 employees makes you a wealthy business person not worthy of PPP Loan forgiveness? The individual medium and small-sized business owners who generate the federal income taxes that pay Joe Biden’s bills and allow the Federal Government to spend recklessly aren’t worthy of PPP loan forgiveness while hundreds of millions of Americans who contribute NOTHING to the income tax base are given free checks by the U.S government?
This is tyranny on so many different levels and it’s also divisive, when people ask why some people become ruthless businessmen, it’s little things like the Paycheck Protection Program (PPP) loan forgiveness programs and the Federal Minimum wage laws.
Interesting times ahead!