The Minimum Wage Scam

Dear Reader, 

I am going to tell you a secret that will make a lot of politicians very angry.

The minimum wage is a scam.

• The minimum wage was not created to help the poor. It was explicitly designed by Progressives to price minorities, immigrants, and women out of the labor market

• A minimum wage is a price control. If a worker's skills only generate $12 an hour, and the government mandates a $20 wage, the employer doesn't give them a raise. 

• First jobs are not about income. They are about learning discipline, habits, and skills. 

• The New York Times predicted it “will unleash gushers of cash for Silicon Valley and Wall Street.” And Elon Musk is predicting this investment could jump 1,000x higher from here

Have you noticed how teenagers and low-skill workers can't find entry-level jobs anymore? It isn't an accident.

Right now, lawmakers in Washington are pushing to raise the federal minimum wage to $25 an hour. 

They stand in front of the cameras and talk about compassion. They talk about uplifting the poor. 

They talk about fighting corporate greed.

It is all a lie.

The minimum wage does not uplift the poor. It outlaws them.

The Dark History

Let’s look at the history they don't teach you in school.

The popular narrative is that the minimum wage was created to protect low-skill workers from exploitation. That is garbage.

In the early 20th century, Progressive-era reformers created minimum-wage laws for one specific reason: to exclude undesired workers from the labor market. 

They wanted to protect unionized white men from having to compete with minorities, immigrants, and women who were willing to work for less.

They didn't hide it. They wrote about it openly. They wanted to make it too expensive to hire "inferior" workers.

Milton Friedman said it best. He called the minimum wage a law that says employers must discriminate against people with low skills.

It was born in exclusion. And it still works exactly the same way today.

The Brutal Math

My rich dad taught me that business is about math, not emotion.

Employers do not pay wages out of kindness. They pay wages out of the revenue generated by the worker’s output.

If a young kid with no experience can only produce $12 an hour worth of value, and the government passes a law saying you have to pay him $20 an hour, what happens?

The employer doesn't magically find an extra $8. The employer doesn't hire the kid.

There is no mystery here. It is just arithmetic.

When the government mandates a wage that is higher than a worker’s productivity, they are not giving that worker a raise. 

They are pricing that worker out of the market. They are mandating unemployment.

Destroying the Ladder

The people who get hurt the most are the people who need the most help.

Teenagers. Immigrants. People with poor schooling. People who just need a chance to get their foot in the door.

These workers do not need a law declaring their labor to be more valuable than it actually is. 

They need an opportunity. They need a chance to gain skills, learn discipline, and prove themselves so their value can rise naturally.

The minimum wage denies them that opportunity.

Think about it. The gas station attendant. The grocery bagger. The dishwasher. 

These jobs used to be the first rung on the economic ladder. They taught you how to show up on time, how to take orders, how to work hard.

Those jobs are gone.

Not because we don't need those services. But because the government made it illegal to hire inexperienced workers at a wage that matches their actual productivity.

So businesses brought in the iPads. They brought in the self-checkout kiosks. They automated the jobs away.

The Illusion of Compassion

The minimum wage is the ultimate political trick.

It creates a comforting illusion. The voters see the higher wage on the paycheck of the person who kept their job. They feel good about themselves.

But they don't see the invisible victims.

They don't see the jobs that were never created. 

They don't see the hours that were cut. 

They don't see the small businesses that closed their doors because they couldn't afford the labor costs.

The politicians get to look compassionate, while shifting the entire cost onto the people who have no voice and no power.

The Loss of Freedom

At its core, the minimum wage is an attack on your freedom.

It forbids two consenting adults from making a voluntary agreement. 

If a kid wants to work for $10 an hour to get experience, and a business owner wants to hire him, the government steps in and says, "No. That is illegal."

The government assumes you are too stupid to know what is in your own best interest.

A society that is serious about opportunity does not criminalize the first rung of the economic ladder. 

It does not block the path upward with rigid mandates and fake compassion.

Wake up. 

Stop falling for the political marketing.

The minimum wage is not about helping the poor. It is about control. And the sooner you realize that, the sooner you can start building real wealth outside of their rigged system.

Kiyosaki Uncensored

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