The governor of Illinois recently said on national television that the minimum wage law should be passed by the legislature of Illinois because there is a fundamental principle involved. It goes back to the Bible, he says. The principle is this: if you work 40 hours a week, you should not have to live in poverty.
Let’s talk poverty. I don’t mean South Side Chicago poverty, which can be called flash mob cell phone poverty. I mean real poverty. At last report, approximately 1.2 billion people in the world live on an income of under two dollars a day. These people are clearly in poverty. What is the governor of Illinois going to do about this? What should he do? What does the Bible say he should do?
The correct answer is . . . nothing.
But the governor thinks the minimum wage law is based on a biblical principle. Dare he do nothing? Dare he just sit there and let people starve? So, will he now recommend that the legislatures of all those nations in whose jurisdictions people earn $2 a day pass a minimum-wage law of $10.65 an hour, which Illinois is about to do? Those people will go from $2 a day, or $80 a week, to $426 a week. Presto: no more poverty!
(For the rest of my article, click the link.)