in his blog Wallis claims that God Hates Inequality. Referring to the Senate vote to increase the minimum wage, Wallis says, “this is a good vote.” He goes on to make quite a claim. “It’s a political fact now that faith communities across the board, very widely, are in favor of increasing the minimum wage. Why is that? What’s the theological foundation behind that? We don’t just do politics; we do politics because of our faith.”
My studied response - if God supported raising the minimum wage, we would not have invented that dismal science, economics. Because anyone who has suffered through an economics course knows that the minimum wage is a price floor which has the affect of creating a surplus of workers. I think the rational is that for every 10 percent increase in the real minimum wage, employment falls 1 or 2 percent. In economics, a surplus of workers means people who had been working are no longer working - this is not a good thing. Of course, another problem with minimum wage laws is that most people who earn the minimum wage are middle class teenagers. The poor, people who live below the poverty line that is, tend to earn more than the minimum wage, yet still earn less than the poverty level - therefor increasing the minimum wage does not help the poor, it just puts well off middle class kids out of work.
Raising the minimum wage is a political maneuver. It does not help the poor, it is a ploy to help keep fat cat politicians in office - is this something God would support. Not the God I don't belief in!
And yes - I actually have a MBA from a major Christian University.
(Posted while listening to Woody Gurthrie - Hobo's Lullaby- off the This Land Is Our Land Collection)