Friday, February 5, 2016
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Preview the Paper Preview the Paper

Preview this week's Paper
A limited number of pages are displayed in this preview.
Preview this Week’s Issue ›
Subscribe Today ›

Lost & Found

*Includes FREE photo online! mywcn.com/lostandfound
Bear, please come home! Missing since October 22, 2014, black Manx cat (no tail), shy. Reward! Help him find his way home. 210-635-7560.
Found: Basset Hound, Hwy. 97 W./Hospital Blvd., Floresville. Call 830-391-2153 between 9 a.m.-11:30 p.m.
More Lost & Found ads ›

Help Wanted

The Cutting Edge Salon and Spa in Nixon is looking for experienced hair stylist and manicurist. Call 830-582-2233.
General labor position for local home builder, must have drivers license, driving trailers, clean up, carpentry work, etc., starting at $10. 210-279-4123.
More Help Wanted ads ›

Featured Videos





Video Vault ›
Richardson Chevrolet homeTNMCRE/MAX home
You’ve been granted free access to this subscribers only article.

Section A: General News


Letter: Minimum wage hike merely a Band-Aid




E-Mail this Story to a Friend
Print this Story
May 14, 2014 | 4,535 views | 58 comments

Editor:

Once again we are hearing about a higher minimum wage. But basic economics shows that raising the minimum wage is nothing but a feel-good Band-Aid on a festering problem.

The strength of any wage is its buying power. In 1966, the minimum wage was $1.25 per hour. But gas was only 24.9 cents a gallon. One hour of minimum wage could buy five gallons of gas! That $1.25 in 1966 had much more buying power than even the highest proposed minimum wage today.

Buying power is dependent upon the cost of the products one buys. The cost of products is based on their cost of production. When minimum wage goes up, the cost of production of most products goes up and the buying power of the individual dollar goes down. If minimum wage was raised, within a few weeks the cost of living would rise to compensate for the new cost of production. The new minimum wage would soon have no more buying power than the present minimum wage. It might have less!

How can we help those on minimum wage? Simply lower the cost of living by raising the buying power of each dollar. How could government raise the buying power of the dollar? By lowering taxes!

When you make money, you pay income tax. When you buy a product, you pay sales tax. But that’s not all! Built into the price you pay before sales tax is the cost of the tax that the industry has to pay. The prices of all products are adjusted to cover the taxes involved in production.

If taxes are lowered on business, the cost of products goes down. If income taxes are lowered, the usable portion of your income goes up. If sales tax is lowered, the buying power of your wages goes up.

Raising minimum wage doesn’t really help the poor or anyone else. Lowering taxes helps the poor and everyone else.

STEVE CASEY

Stonewall, La.
 

Your Opinions and Comments

 
4th Generation Texan  
Sutherland Spriungs  
May 28, 2014 10:32am
 
Have I mentioned that I wiped something off my shoes the other day and I immediately thought of Obama?

 
4th Generation Texan  
Sutherland Spriungs  
May 26, 2014 10:18am
 
I'm feeling nauseous watching Obama at the Memorial Day celebration. I'm thinking that he shouldn't be allowed to breathe the same air as the gathered military heros at that sacred place. Obama cares absolutely nothing ... More ›

 
Bob Pritts  
St Hedwig, TX  
May 23, 2014 11:35am
 
Grouch, You're right. Last time I checked the Wall Street indexes I noticed that there were only two indexes ... The Retail Index and the Wholesale Index. I already said that your pizza restaurants were retail but were ... More ›

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
May 23, 2014 10:58am
 
Due to your never ending quest to convince me that fast food operations are not retail, I see no reason to continue this exchange. Being a simple country boy, it's hard to convince me that a pig is not a pig, no matter ... More ›

 
Bob Pritts  
St Hedwig, TX  
May 23, 2014 9:13am
 
Grouch, See if I can explain it to you this way. I think we can agree that Apple is a retailer. But, when seeking to buy or sell its stock its labeled as in the electronics index along with other electronics companies. ... More ›

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
May 23, 2014 4:37am
 
Bob Pritts ... I do not have a fixation with 'retail' but I do respond to false statements. Just call it a 'detail' fixation. For some unknown reason, you stated that fast food outlets were not considered ... More ›

 
Bob Pritts  
St Hedwig, TX  
May 22, 2014 9:58pm
 
Grouch, You're right. I shouldn't have guessed it was Pizza Hut. It could been any number of pizza outfits ... Dominoes, Little Caesar's, Papa John's, etc. What is this fixation you have with retail? I tried to make ... More ›

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
May 22, 2014 9:17pm
 
Bob Pritts..... My bakery example was in response to your contention that fast food outlets cannot be classified as retail. I found a web site that used the exact same figures that you claimed to have privy to because of your ... More ›

 
Bob Pritts  
St Hedwig, TX  
May 22, 2014 8:36pm
 
Grouch, I don't doubt you did find wage data. The data you found would be an industry average ... correct? Does it give you the payroll averages on individual franchises ... McDonalds, Pizza Hut, Wendys, KFC, Burger King, ... More ›

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
May 22, 2014 6:36pm
 
Mr Pritts..... That's strange because I found wage data on a NRA site, it just wasn't broken down to fast food outlets. So if you got the info at a NRA convention, would that suggest it might be a bit outdated ? I was ... More ›

Share your comment or opinion on this story!


You must be logged in to post a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Section A: General News Archives


Full article available to Wilson County News subscribers only. Click here to subscribe. Agencies uncover $400K in stolen vehicles, parts (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. China Grove begins vote on tax rollback (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Clock running out for Floresville recall issue (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Connally expands high-tech health care (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Council action changes boards (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Court Update (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Deputies charge Floresville spurned lover with arson (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Deputies investigate recent thefts (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: The demand for villains (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Editorial: What’s in a city charter? Is it like a … Constitution? (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Eight-liner opponents face deadline (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. FELPS pools tornado damage claim with city, Floresville ISD (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Floresville USDA accountant resigns (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Free CERT disaster course (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Get a free heart health screening in Kenedy Feb. 12 (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Greater LV Chamber to meet (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. H-E-B recalls cookware (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Hold on for now (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. It’s all happening at Nixon-Smiley Elementary (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Kicaster area will have fire coverage (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Landfill welcomes China Grove junk (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Apple Pie author extends thanks (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Gonzales differs with writer’s conclusion (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Letter: Talamantez truly a man of the people (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Life Line Screening event set in Floresville Feb. 28 (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Mock Republican Debate Feb. 20 (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Nixon-Smiley livestock show set for March (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. One dead in game-room robbery (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Pioneer Award honors Burnside (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Pirates Cove in Poth offers after-school care service (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Police Blotter (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Save the date for Lincoln Dinner (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. School district cops ink deal with city, county (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Second responders to meet (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Stockdale, La Vernia units respond to back-to-back fires (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Tanneberger is top agent (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Weigh in on Loop 410 changes (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. Wilson County Hermann Sons lodges meet new-member goal (February 3, 2016)
Full article available to Wilson County News subscribers only. Click here to subscribe. ‘Loving’ heart-shaped treats are for the birds (February 3, 2016)