Sunday, January 31, 2021

The week in review with Bill Katz the editor of Urgent Agenda

The week in review with Bill Katz the editor of Urgent Agenda 01/31 by Silvio Canto Jr | Politics

Guest: Bill Katz, the editor of Urgent Agenda.....President Biden and more executive orders...Texas fights back on energy....Impeachment # 2 coming......Students and teachers unions......
and more stories...click to listen:

Is Joe Biden's presidency the reincarnation of Jimmy Carter's?

Back in 1976, I voted for President Ford after supporting Governor Reagan in the primaries.  It was a close election, but Texas and a few others went blue that year, and Governor Carter was in.

Around 10 A.M. the next day, the election went for Mr. Carter, and I felt a bit depressed.  How did this happen?  After a few days, I said to my friends that the country would regret this decision.  Honestly, it was the same feeling I had when Mr. Biden assumed the presidency.

A day ago, I saw this article by Daniel Gallington, and it makes a lot of sense:

The reason Mr. Biden will fail so soon is that many more millions than voted for him will realize — and quickly — that they made a mistake.  In some ways, it will be a similar reaction ... to the election of Jimmy Carter in 1976, when many of his voters quickly realized they had screwed up.

So why/how did we elect the wrong person — both in 1976 and again in 2020?  The exact reason for this was/is the focused public voter reaction on a single and very specific set of circumstances, rather than as an endorsement of a generalized political agenda.

Isn't that the truth? 

President Biden's administration will quickly fail for two reasons, or maybe I should say two executive orders:

1. Gas prices will go up because you can't destroy supply without affecting the cost at the pump.  It's great to talk about "green energy," but we are still going to put something that comes from fossil fuels in our cars.

2. The border will explode.  You can't tell people you are going to reverse President Trump's border policies without giving inspiration to many to walk north and get legalized.

Just wait: that buyer's remorse is coming and coming fast.  In a year, many voters will remember President Trump's low gasoline prices and the order on the border.  They will want those good old days back, including the tweets!

PS: You can listen to my show (Canto Talk).

Happy # 74 Nolan Ryan

We remember the great Nolan Ryan who was born on this day in 1947 in Refugio, Texas.    

His numbers are unbelievable:   324 wins, 3.19 ERA, 5,714 K and 7 no-hitters.     

Ryan was elected to the Hall of Fame in 1999.

P.S.  You can listen to my show (Canto Talk).  If you like our posts, drop a dime here.



Saturday, January 30, 2021

The teachers unions are their own worst enemies

The teachers unions are not making a lot of friends these days.  Their insistence on keeping schools closed out of fears of COVID is damaging to children.  And they seem to be going out of their way to blow up relationships, especially with the parents who pay their taxes, i.e., teacher salaries!

It reminds me of that famous line from Napoleon: "Never interrupt your enemy when he is making a mistake".
 
Well, I am not going to refer to the unions as my enemy.  Nevertheless, I am not very happy with them and lots of others seem to agree with me.
 
David Brooks, writing in the New York Times, is right:   
 
The first fact is that remote learning is a disaster, especially for disadvantaged students.

I recommend an article Alec MacGillis wrote for ProPublica last fall on how things were going for students in Baltimore. It paints a finely grained portrait of chaos: online classes in which almost no students show up, schedules rearranged at the last minute, Zoom links that are inaccessible. The 12-year-old boy at the center of the piece was passionate about school before the pandemic, but by last fall he was talking about school in the past tense.

The broader data on school closure is horrendous. Mental health problems have increased. Many children have simply vanished from official oversight. Schools in Hillsborough County, Fla., started the year missing 7,000 students.

The children who are attending aren’t learning much. A Stanford study suggested that the average student has lost at least a third of a year’s worth of learning in reading and three-quarters of a year’s worth of learning in math.

Private and some public schools are already operating safely all around the country, with little evidence that attendance is spreading the virus.
 
That's correct and I can see it with my own eyes.  The Catholic schools and other private schools are up and running.  They are super-careful and go out of their way to protect the teachers and students.  The bottom line is that they are teaching students.
 
On the other hand, the teachers unions have managed to shut down in-class teaching for millions of kids, coast-to-coast.
 
Why are the teachers unions acting like this?   My guess is that they just wanted to oppose President Trump.  After all, they do support the Democrats most of the time.
 
My second guess is that it's a monopoly and parents face two alternatives: home schooling or pay tuition. Unfortunately, a lot of working couples can not afford to have one parent stay home and serve as a home school teacher.  Also, paying tuition may not be an option for many family budgets, especially the ones paying property taxes that finance schools.
 
So where do we go?  We are moving in the direction of many parents taking control of their kids' education.  I like that option.  I don't think that the teachers unions will when state legislatures start passing laws that support alternatives to public schools.
 
Memo to parents:  Be patient because the public school monopoly is destroying itself.  
 
P.S.  You can listen to my show (Canto Talk).

If you remember ‘El LLanero Solitario & Toro’ (The Lone Ranger and Tonto)

Like some of you, I grew up watching “The Lone Ranger” on TV. In my case, it was the Spanish dubbed version of the show before we came to the U.S. 

Up here, his friend was Tonto. In Spanish, it was “Toro.” It did not take me long to figure that one out.

As I learned, the show started on the radio on this day in 1933, although I don’t know if there was a Spanish version for the radio. However, I do recall my father talking about “comics” in Spanish.. In 2010, I heard some of those old radio shows and they were great.

Eventually, radio became TV and “The Lone Ranger” was seen by millions of kids like me.

P.S. You can listen to my show (Canto Talk).

Happy # 80 to VP Dick Cheney, one of my heroes!

Former VP Dick Cheney was born in Nebraska on this day in 1941.   He later moved to Wyoming where he went to college and entered politics.     
We came to know Dick Cheney when he became White House Chief of Staff under President Ford, 1975-77.  Later, Mr. Cheney was elected to the House in 1978 and reelected five times. 
In 1989, President Bush nominated him for Secretary of Defense and oversaw the very successful 1991 Operation Desert Storm.     
In 2000, he was elected VP under the second President Bush.   
VP Cheney was a critical national security player in the Bush administration.    In all, Mr. Cheney served four US presidents, from Nixon to Ford to Bush to Bush.  
P.S.  You can listen to my show (Canto Talk).  Here are a couple of good Cheney books:







Happy # 78 Davey Johnson

Related image
We say happy birthday to Davey Johnson, who was born on this day in Orlando, Florida in 1943.   

We remember Johnson as a great second baseman and then as a manager.   

As a player, he hit .261 with 136 HR & 609 RBI over 1,435 games.    He played in 4 World Series with Baltimore and won several Gold Gloves.

As a manager, he won 1,372 games with an excellent .562 winning pct.    He led the New York Mets to the 1986 World Series title.   Johnson also won division titles with Baltimore in 1997 and Washington in 2012.

Great player & manager.

P.S.  You can listen to my show (Canto Talk).  If you like our posts, drop a dime here.


Friday, January 29, 2021

Public education and parents plus climate change & jobs plus other stories

Public education and parents plus climate change & jobs plus other stories 01/29 by Silvio Canto Jr | Politics

Public education and parents......Climate change and jobs.......Cuomo and COVID information......MLB Hall of Fame 1936.........and other stories......click to listen:

Friday’s video: Put the kids in the classroom


Friday’s video: 
Put the kids in the classroom 
Click to watch:

 

1986: The Challenger disaster and President Reagan's speech

We think of President Reagan as “the great communicator.” Indeed, he communicated conservative ideas better than anyone. Many of his speeches were memorable, from “the evil empire” to “tear down this wall.”  However, his best speech wasn’t political at all.  

it happened on the day that he spoke to the nation about the terrible Challenger explosion of 1986.   As you may remember, most of the country fell in love with Christa McAuliffe, a teacher going into space.  

Also watching that morning were her family and millions of students all over.   It was one of those moments where everyone was cheering the same way.  It was awesome.  

The story had a bad ending.  The Challenger exploded 73 seconds after takeoff and a wonderful morning turned into a nightmare.

Around that time, I driving to a business lunch and listening to everything on the radio.  I heard the takeoff and the first word of an explosion. I walked into the restaurant and everyone was watching the television. It was one of those moments when nothing else mattered, including lunch.  

Later, President Reagan spoke to the nation about the tragedy, and specially to the children who had seen their teacher blown up in space. Suddenly, you realize why it matters to have a president who can speak from the heart:

And I want to say something to the schoolchildren of America who were watching the live coverage of the shuttle’s takeoff. I know it is hard to understand, but sometimes painful things like this happen. It’s all part of the process of exploration and discovery. It’s all part of taking a chance and expanding man’s horizons. The future doesn’t belong to the fainthearted; it belongs to the brave. The Challenger crew was pulling us into the future, and we’ll continue to follow them.

It was a wonderful speech and you should watch it in full. It was an awful day but we had a man in the Oval Office who could bring us together.  

P.S.  You can listen to my show (Canto Talk).  If you like our posts, drop a dime here.





Thursday, January 28, 2021

Executive orders plus impeachment and Jose Marti 1853-95)

Executive orders plus impeachment and Jose Marti 1853-95) 01/28 by Silvio Canto Jr | Politics

33 executive orders and growing.....Impeachment # 2 is a total joke.......Jose Marti (1853-95)....Challenger tragedy 1986......and other stories......click to listen:

Thursday’s video: The Challenger 1986 and President Reagan’s speech Clic...


Thursday’s video: 
The Challenger 1986 and President Reagan’s speech 
Click to watch:

 

We remember Jose Marti....born on this day 1853


Jose Marti was born in Cuba on this day in 1853.  His parents were Spanish and settled on the island.  At the time, Cuba was a Spanish colony and Marti's generation played a major role in the long and very costly Cuban War of Independence.   My father's grandfather was part of that generation and stood up to Spain in the second half of the 19th century.  My grandmother’s cousin actually fought in that conflict.

Marti was more of an intellectual than a warrior.  His poetry and books are read in every university all over the world.  In 1966, one of his poems or "versos sencillos" became the lyrics for "Guantanamera" the pop song recorded by The Sandpipers.  ("Yo soy un hombre sincero de donde crece la palma" or "I am a truthfull man from the land of palm trees")

Marti was killed in 1895 in a confrontation with Spanish troops.  It happened a couple of years before the Maine exploded in Havana's harbor and the U.S. intervened.    

From our early days in the U.S., my father had a picture of Jose Marti on the wall of his home office where he'd play chess. It was next to a pre-Castro "peso bill" with Marti's picture framed on the wall.  It was nostalgia and a reminder that the pre-Castro peso actually had the same value as a dollar. My father was a banker in Cuba, so he knew a thing or two about the exchange rates.

Marti's picture was a part of our family pictures on the wall.  It was there between our First Communion photos, my parents' wedding, the grandparents and other souvenirs from Cuba.  My guess is that most Cuban families have a picture of Marti on their walls too. 

My parents also had a Marti quote on their wall:

"Nunca son más bellas las playas del destierro que cuando se les dice adiós."

It loosely translates to “The beaches of the exile are never more beautiful that when you wave good-bye to them.”  It's a reminder that many Cubans came to the U.S. hoping for a return to a free Cuba.  As my mother used to say, the quote took her back to a beautiful and lovely place called Cuba.

So we remember Jose Marti today and all of those conversations that I had with my late father about the man he called "The Apostle of Cuban independence."

P.S.  You can listen to my show (Canto Talk).  If you like our posts, drop a dime here.   Click for our chat with Professor Lopez, author: 

Wednesday, January 27, 2021

Week # 1 of the Biden presidency with George Rodriguez, political analyst

Week # 1 of the Biden presidency with George Rodriguez, political analyst 01/27 by Silvio Canto Jr | Politics

Guest: George Rodriguez, South Texas conservative....Texas fights back on the deportations executive order......and the first week of the Biden presidency....
and other stories...click to listen:

Wednesday’s video: Does anyone remember Biden talking about this in the ...


Wednesday’s video: Does anyone remember Biden talking about this in the campaign? Click to watch:

Senator Leahy will preside over the Trump impeachment trial?

The U.S. House did it.   The House managers walked over to the U.S. Senate and dropped off the article of impeachment.  

In short, it blames President Trump for inciting a riot, but is that true?  Well, truth does not really matter in this case.  The snap impeachment was just one more effort to squeeze whatever juice out of the Trump orange.   
 
The Democrats cannot live without their "daily Trump" and that's what the impeachment was really about.
 
The trial will be bizarre.  Supreme Court Chief Justice John Roberts won't be there because no president is on trial.  It appears more and more that GOP senators will vote to acquit the former president.  
 
However, the strangest aspect of this trial will be the presence of Senator Patrick Leahy, the Senate president pro tempore, as presiding judge. 
 
So let me get this straight.  The Democrats have chosen one of the most partisan senators on their side to oversee this show.  After all, they don't call him "the ‘Nastiest’ Democrat" because he is a nice guy.  On the contrary, Senator Leahy plays hardball and is not someone who will give President Trump the "due process" that the U.S. House failed to do.
 
Let the circus begin.  President Trump will benefit from this travesty.  Again, God only knows why President Biden has not stopped this nonsense. Maybe he’s afraid to.
 
P.S.  You can listen to my show (Canto Talk).

Tuesday, January 26, 2021

Impeachment is a joke plus filibuster stays in place and other stories

Impeachment is a joke plus filibuster stays in place and other stories 01/26 by Silvio Canto Jr | Politics

Impeachment is a joke.....GOP keeps the filibuster in place.....Transgender rules will hurt girls' sports...........Happy # 85 Bob Eucker......
and other stories....click to listen:

Tuesday’s video: The impeachment is a joke



Tuesday’s video: The impeachment is a joke Click to watch:



Hurting the girls by helping the boys?

Over the years, I have seen a few high school "track and field" events.  As I remember, the girls were over here and the boys over there.  They competed separately because they are physically different.

Enter Biden and his new executive order about something called "transgenders."  This is from Ramona Tausz:   

The Biden presidency, we’re told, is a historic win for women. With Kamala Harris as his Madam Vice President and a record number of women in his Cabinet, the new commander in chief is advancing the female cause. “This is what breaking the glass ceiling looks like,” Sen. Amy Klobuchar enthused on Inauguration Day.

As is often the case, the gratuitous symbolic victories distract from more significant, material losses. Hours after Harris became the first female vice president, Biden signed an executive order that discriminates against her entire sex.

The directive, titled “Preventing and Combating Discrimination on the Basis of Gender Identity or Sexual Orientation,” spells disaster for women’s shelters, sports and health care in the name of transgender equality.

For instance: Institutions that receive Title IX funding must allow biological males who identify as female to compete in women’s athletics. “Children should be able to learn without worrying about whether they will be denied access to . . . school sports,” the order states.

This is awful.   Nobody is denying children "access" to school sports.  We're just saying that boys and girls are different, i.e. boys are bigger and stronger and it's just biology not a violation of civil rights.

Furthermore, did any of this come up during the "basement campaign"?  Did any reporter ask then candidate Biden about his plans to do this?

Well, let's just say that the "devout Catholic" has a long list to go to confession about, from abortion to now confusing boys and girls.

P.S.  You can listen to my show (Canto Talk).


Happy # 85 Bob Uecker



Image result for bob uecker imagesWe remember Bob Uecker who was born in Milwaukee on this day in 1935.

Once upon a time, Bob Uecker played baseball.   My guess is that most of us remember him as the radio voice of the Milwaukee Brewers and one of those funny baseball movies.

As a major league catcher (1962-67),  Uecker hit .200 in 297 games (217 starts), 146 hits, 14 HR and 74 RBI.  He played with Milwaukee and then backed Tim McCarver in the 1964 World Series.

In 1971, he came home to be the radio & TV voice of the Brewers.

P.S.  You can listen to my show (Canto Talk).  If you like our posts, drop a dime here.

 

 

Monday, January 25, 2021

Border and remittances plus more executive orders & Tom Brady

Border and remittances plus more executive orders & Tom Brady 01/25 by Silvio Canto Jr | Politics

Border issues and remittances going south........President Biden could be in real trouble with gasoline prices and border chaos........Biden and transgenders......Brady back in Super Bowl....Happy # 80 Neil Diamond......
and other stories......click to listen:

Monday’s video: Billions of dollars are going south


Monday’s video: Billions of dollars are going south Click to watch:

 

It’s the remittances not poverty

We hear that President Biden and President Lopez-Obrador spoke by phone.  According to news reports, the Mexican president said that the U.S. is offering US$ 4 billion to Central America.  

I guess that President Biden is hoping that money going south will keep caravans from going north, or something like that.  It sounds good but it won’t really work.

The biggest problem with Mexico and Central America is that the leaders have grown accustomed to remesas or remittances.  They flow south every week, from one guy in Texas sending mom a $100 a month to even bigger numbers.  These remittances are the social net for many of these countries, as we see in this WSJ report:    

Mexicans working in the U.S. sent record amounts of money to relatives back home last year, illustrating the resilience of the U.S. economy despite the shutdowns imposed to fight the pandemic.

The surge in remittances, which surprised analysts and migrants alike, provided a lifeline for many poorer Mexicans in the midst of the country’s biggest economic slump in decades.

Remittances rose 11% to $36.9 billion in the first 11 months of the year, more than the record $36.4 billion sent in all of 2019, according to figures released this week by Mexico’s central bank. The average remittance was 4.3% higher at $340, the bank said.

In Guatemala, El Salvador and Honduras—the Central American countries that make up the Northern Triangle — remittances slumped in April but later rebounded, and were up 3.4% from January through October.

So the money goes south and keeps going south.  

In theory, dealing with the root cause of poverty is a noble idea.  In this case, they are not coming here because they are poor.  They are coming here because they can make more money and send dollars to mom.

Can it be stopped?  Not really.   Unfortunately, the politicians are used to having their folks outside taking care of the people inside.

P.S.  You can listen to my show (Canto Talk).

Tom Brady in Yogi Berra post-season territory


(You can listen to my show (Canto Talk).   If you like our posts, drop a dime here.)
---------------------------------

Congratulations to Tom Brady and his 10th trip to the Super Bowl.  He was 6-3 in his first 9 appearances with the Patriots.  

We have not seen this kind of post-season mastery since Yogi Berra, who played with 10 World Series champions.  

Happy # 76 Wally Bunker



Image result for wally bunker images
We remember Wally Bunker who was born in Seattle on this day in 1945.

Bunker had a great start with the Orioles.   He went 19-5 with the 1964 Orioles.    Bunker was one of the many young arms along with Dave McNally and Jim Palmer.

In 1966, Wally pitched a 1-0 victory in game 3 of the 1966 World Series.   It put the O's up 3-0 in that Series against LA.

He ended up with the expansion KC Royals after the 1968 draft.     Actually, he pitched well in KC, won 12 games and threw the first pitch in the expansion team's history.

Bunker retired after after the 1971 season.

P.S.  You can listen to my show (Canto Talk).  If you like our posts, drop a dime here.
 


Sunday, January 24, 2021

The week in review with Bill Katz, the editor of Urgent Agenda

The week in review with Bill Katz, the editor of Urgent Agenda 01/24 by Silvio Canto Jr | Politics

Guest: Bill Katz, the editor of Urgent Agenda.....
President Biden week 1 and lots of executive orders from deportations to The Keystone Pipeline to others.....Impeachment trial # 2 set for the week of February 8th.......The violence in Portland.........
and more stories.......click to listen:

1954 was a great year for Hank Aaron

We learned of Hank Aaron's death.   Many of us remember that Monday Night Game of the Week when Hank Aaron hit #715 and broke Babe Ruth's home run record.  Or, our parents remember his home run in 1957 to clinch the NL pennant for the Milwaukee Braves.  Or, going into the Hall of Fame with Frank Robinson in 1982.

Today, we recall 1954 or Hank Aaron's first year in the majors.  Two years before, he was with the Negro American League champion Indianapolis Clowns.
 
Like other young players, Hank Aaron went to spring training in 1954 hoping to crack the major league roster.  It happened when veteran Bobby Thomson of "The Giants win the pennant" fame was injured.  Aaron made the roster and you know the rest of the story.
 
Early in the 1954 season, he hit # 1 of those career 755 home runs.  The pitcher was veteran Vic Raschi, the former Yankee now pitching for the Cardinals.
 
I saw Aaron play in 1971.  I followed his career closely, from collecting baseball cards as a kid to catching the games on TV.
 
Aaron was a great player and a gentleman.   
  
P.S.  You can listen to my show (Canto Talk).

Happy # 80 to Neil Diamond

P.S.  You can listen to my show (Canto Talk).  If you like our posts, drop a dime here.

  

Saturday, January 23, 2021

Another president with a busy pen.....

President Biden's pen has been busy.  At this point, he'll be out of ink soon and these executive orders will be challenged in the courts.   We understand that Texas is preparing a legal challenge to the deportations executive order.   More challenges are coming!

More importantly, the tsunami of executive orders confirm two things:

1) President Biden does not have the votes in the Congress to do any of this by law; and,

2) President Biden is too weak to stand up to the hysterical left, from immigration activists and environmentalists more concerned with pipelines than jobs.   

As we learned with DACA, executive orders are divisive and usually end up in the courts. 

P.S.  You can listen to my show (Canto Talk).

January 1968: The USS Pueblo seized by North Korea


We remember today another anniversary of the 1968 Pueblo incident.   

The North Koreans seized the ship, the sailors were taken prisoners and the Johnson administration did not respond.     What a terrible act of weakness and impotence!  

What lesson did North Korea learn?  They learned that seizing a US ship and holding sailors had no consequences! Maybe the Johnson administration had too much on its plate, from the Tet Offensive to the deteriorating political situation over here.  

Nevertheless, the crew of the USS Pueblo spent 11 months in North Korea.   Why didn't the US respond to a clear act of war?  Again, weakness always sends the wrong message.  It invites more not less!  

I am going to read Jack Cheevers' book below and get his thoughts.  

PS: You can listen to my show (Canto Talk). 


Friday, January 22, 2021

Roe v Wade 1973 plus impeachment trial and RIP Hank Aaron

Roe v Wade 1973 plus impeachment trial and RIP Hank Aaron 01/22 by Silvio Canto Jr | Politics

Roe v Wade 1973........Executive orders from the pipeline to immigration........Impeachment trial coming soon.....We remember Hank Aaron (1934-2021)...
and other stories......click to listen:

Friday’s video: Another anniversary of Roe v Wade


Friday’s video: Another anniversary of Roe v Wade Click to watch:

Thursday, January 21, 2021

Biden Day 1 plus executive orders & a word about media coverage

Biden Day 1 plus executive orders & a word about media coverage 01/21 by Silvio Canto Jr | Politics

President Biden spoke and now we start governing......Lots of executive orders but he needs to work with Congress.....Portland violence again.....The media and day 1 of the Biden presidency....Immigration will be tough if a path to citizenship is proposed.....Cuba terror state.......President Carter pardons draft dodgers 1977.....
and other stories......click to listen:

Thursday’s video: President Biden spoke but unity still a problem

 


Thursday’s video:

President Biden spoke but unity still a problem
Click to watch:

Keep Cuba on terror list

President Trump leaves one strong accomplishment:  The Trump administration designated Cuba as a state sponsor of terrorism.


I agree with Anna Rosa Quintana:  

Managing the Cuban regime will present a key challenge for the incoming Biden administration’s Western Hemisphere policy team. Circumstances have changed from when former President Barack Obama normalized relations and unilaterally conceded on a host of matters. Cuba continued enabling Maduro’s repressive regime, human rights on the island worsened, and dozens of U.S. and Canadian diplomats in Cuba fell victim to sonic attacks.

In other words, President Obama's Cuba card was a disaster.  

I recall watching President Obama's Cuba opening speech with my ailing father back in December 2014.  My father's words were that Raul Castro was looking for dollars and Mr. Obama for a legacy.  My late father turned out to be right that opening Cuba did not work as planned.

The incoming Biden administration will face pressure to erase everything with Trump's name on it, from the Keystone pipeline to naming Cuba as a terror state.  I hope that common sense prevails and they leave Cuba on the terror list.

P.S.  You can listen to my show (Canto Talk).

Happy # 80 Placido Domingo

Image result for placido domingo images
We say happy birthday to Placido Domingo born on this day in Madrid, Spain, in 1941.

Domingo made his US debut in Dallas in 1961.     I did not know that.       

He's been on stage for 50 years:  over 3,800 performances of 147 roles plus many audio and video recordings and films.

It's hard to pick a favorite.    I love "Siempre en mi corazon", his 1983 LP of Ernesto Lecuona songs.    It'd make a great gift for Valentine's Day.

PS: You can listen to my show (Canto Talk) and follow me on Twitter.

Wednesday, January 20, 2021

We will chat with Leslie & Dawn about the future of our politics


Guest: We will look at the Trump presidency and the new Biden administration with Leslie Eastman & Dawn Wildman.......
and more stories....click to listen:

Wednesday’s video: Biden in Trump out

 


Wednesday’s video:

Biden in Trump out
Click to listen:

The problem with the minimum wage

We understand that President Biden will propose increasing the minimum wage to $ 15 an hour, according to news reports.   Like before, increasing the minimum wage will do nothing to help the people it intends to help.   This is a good note from Andy Puzder:    

President-elect Joe Biden proposed increasing the federal minimum wage from the current $7.25 to $15 an hour as part of his coronavirus relief package announced Thursday night. Such a dramatic increase would exacerbate the devastating impact economic lockdowns are having on small businesses, while doing great harm to 10.7 million Americans who are unemployed.

The situation is so desperate for struggling small businesses that Congress recently increased the total funds available under the Payroll Protection Program to nearly $1 trillion to help them pay their employees and stay afloat.

In other words, most businesses can't meet their current payroll.  So what are we doing increasing the cost of payroll by changing the minimum wage?

P.S.  You can listen to my show (Canto Talk).

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