Tag Archives: profit

Minimum Wage Absurdity

The absurdity of these people always astounds me. It’s like they never outgrew their bible.

Here’s the deal. It’s complex, but not that complex. Anyone in 9th grade oughta be able to grasp it – which is why the bedwetters don’t/won’t/ can’t.

  1. A corporation is a THING, an inanimate object. It has no “duties,” moral, ethical or otherwise, any more than does your car or your carpet.
  2. The people who run public corporations have two duties. A legal duty to maximize shareholder earnings (really to ensure best use of company money/earnings/investment, which is the same thing) by making
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