Thursday, January 15, 2015

How to Reduce Middle Class Income -- 7 Days of Paid Sick Leave

Valerie Jarrett, Obama's main advisor, has proposed, on Obama's behalf, mandating a minimum seven days of paid sick leave for US companies.

Who pays for this?  The answer should be obvious -- the employees themselves pay for this.  Employers will simply offer a lower wage and salary package to employees, if forced by law to provide this benefit.

This proposal would in no way increase overall compensation for the middle class.  It would, in fact, reduce worker compensation dollar for dollar by whatever the costs of providing 7 days of mandatory paid sick leave amount to.

If enough mandates like this are forced onto unwitting employees, their overall money wage and salary will continue to drift lower -- thereby exaggerating the so-called inequality of income.  These mandates cannot increase labor costs, instead they simply force the costs of these mandates onto the backs of working Americans and reduce their money income.

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