How can the Working Person Survive in America Today, when there is no jobs?

Economics
isn’t hard, unless you’re a liberal. Before Paul Ryan was picked by
Mitt Romney to be his running mate, there was speculation that New
Jersey governor Chris Christie was in the running.

Republican governor Christie mocked a network graphic insisting that
55 percent of New Jersey residents think he would be the VP pick and 68
percent said he wouldn’t be. In case you don’t see the problem with
these numbers, 68% + 55% = 123%. We’ve heard about giving “100 and 10
percent,” but that’s a sports number. Christie remarked about the 123%
number, “That sounds like Democratic math!” Indeed.

The same is true when it comes to things like youth unemployment.
Liberals can’t understand why the unemployment number for teenagers is
so high. It’s quite simple: minimum wage laws coupled with inexperience.

It used to be that when two people competed for the same job, the
person who could undercut the cost an employer was willing to pay would
move to the head of the employment line, even if he didn’t have a lot of
experience.

An employer could take a risk on someone with a lack of experience
because he didn’t have to pay him what an experienced worker might
demand. Many of the jobs available to teens were low skilled anyway.

By making it illegal to pay someone less than a government-mandated
minimum wage, those with less experience are at a disadvantage.
Employing teenagers is now a classic Catch-22 challenge.

“Do you have experience?,” the shop owner asks.

“No, but I’m willing to work at a lower wage to gain experience.”

“Sorry,” the shop owner says. “I would be
breaking the law if I hired you for any amount less than the minimum
wage. I can hire someone with experience at the same wage I’d have to
pay you.”

“But I can’t get experience if you won’t hire me.”

“Tough luck. Write your congressman.”

Brian Levine, co-owner of Tropical Smoothie Café, knows how to add, but he also knows the law and the logic of the market place:

“A lot of it comes down to what we can
afford, versus the hours they’re available to work. We are more or less,
the minimum wage type of place. I would obviously prefer to pay minimum
wage, but I’d also go for an adult and pay them an extra dollar an
hour. They’re available, have more experience and are quicker to train.”

Renee Ward, founder of job posting site Teens4Hire.org, can also add.
“If you have two candidates for a job, and one has experience and will
take $10 an hour, and the other is a teen with no experience, who do you
think would get the job? When jobs aren’t there for anyone, it’s that
much harder.”

Once again, government is the problem not the solution to job growth.