Federally Mandated Minimum Wage is a Bad Idea | FRIDAY FIELD NOTES
Order of Man
Ryan Michler
4.8 • 9.1K Ratings
🗓️ 12 February 2021
⏱️ 38 minutes
🧾️ Download transcript
Summary
Today, I give five reasons why a federally mandated minimum wage is a bad idea. Hit me up on Instagram at @ryanmichler and share with me what's working in your life.
SHOW HIGHLIGHTS
- 4:00 Point #1: It doesn't consider varying living expenses within states
- 6:19 Point #2: It sets the precedence that government can medal in individual affairs
- 9:27 Point #3: It disincentivizes growth, expansion, and career progression
- 14:40 Point #4: It prices young people out of work
- 19:23 Point #5: It puts millions of people out of work
- 24:11 Incurring $54 billion of debt
- 26:18 An increased cost of living and inflation
- 27:35 An increased spending for employment benefits
- 29:00 Your moral obligation to look after those under your care
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Transcript
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| 0:00.0 | You're a man of action. You live life to the fullest. |
| 0:03.0 | Embrace your fears and boldly charge your own path. |
| 0:06.0 | When life knocks you down, you get back up one more time. |
| 0:09.0 | Every time you are not easily deterred and defeated. |
| 0:13.0 | Rugged, resilient, strong. |
| 0:15.0 | This is your life. This is who you are. |
| 0:18.0 | This is who you will become. |
| 0:20.0 | At the end of the day, and after all is said and done, |
| 0:23.0 | you can call yourself a man. |
| 0:25.0 | Gentlemen, what is going on today? |
| 0:27.0 | I am Ryan Nicler, and I am the host and the founder of the U.S. Department of Homelandry and |
| 0:30.5 | podcast, Ruben Walker. Here, welcome back. |
| 0:33.0 | I've got a conversation I want to have with you today that is bound to ruffle some feathers. |
| 0:39.0 | But it's a conversation that needs to be brought up because it is important and to impact |
| 0:44.0 | Americans, it's going to impact people, it's going to impact their lives, and not for the better. |
| 0:49.0 | So we're going to talk about the idea of a federally mandated minimum wage today. |
| 0:54.0 | Now, I know as we have this conversation, now there's going to be those of you who are going to be upset |
| 1:00.0 | that I'm talking about something that could potentially be viewed as political. |
| 1:04.0 | And although it might be viewed as political, I think there's some great points that I'm going to make here that should be bipartisan. |
| 1:11.0 | If you're a man, regardless of what side of the political aisle or spectrum you sit on, |
| 1:17.0 | this is something that should be very important to you. |
| 1:20.0 | So I'm going to get to that in a minute. Before I do, I want to make a mention of my friends over at Origin Mane. |
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