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Showing posts with the label wealth creation

Maine's Minimum Wage Bill Ties Increase to Inflation

TWEET THIS  http://goo.gl/CxEs6H Mikkel Clair Nissen Of Denmakrk Rants About Minimum Wage Hoax By Danish Government   An Act To Adjust Maine's Minimum Wage Annually Based on Cost-of-living Changes Be it enacted by the People of the State of Maine as follows: Sec. 1.  26 MRSA §664, sub-§1,   as amended by PL 2007, c. 640, §4,  is further amended to read: 1.  Minimum wage.     The minimum hourly wage is  $6.50 per hour. Starting October 1, 2006, the minimum hourly wage is $6.75 per hour. Starting October 1, 2007, the minimum hourly wage is $7.00 per hour. Starting October 1, 2008, the minimum hourly wage is $7.25 per hour. Starting October 1, 2009, the minimum hourly wage is  $7.50 per hour.  Starting October 1, 2013, the minimum hourly wage is $8.50 per hour. Starting October 1, 2014 and each October 1st thereafter, if there is an increase in the Consumer Price Index on June 30th of that year from the Consum...

The DECD and the Micro-economy

TWEET THIS  http://goo.gl/Rdeky9 The next section of the DECD statute is called  Article 2-B: MAINE MICROENTERPRISE INITIATIVE . It appears to be a devise designed to give the appearance of support for the micro economy- in name only - since the redistributed wealth will be granted to a non-profit organization. In the context of the rest of this statute, including the section on encouraging globalization through the foreign trade zone and another that excludes of the retail sector from benefits distributed by the tax payer funded Department of Community and Economic Development, this section comes across as barely concealed disdain held by the authors of the DECD statute toward the micro economic sector. Here we have the DECD generously offering to help the micro economy to train their staffs by giving money directly to non-profit organizations. What did the lawmakers who wrote the DECD statute  imagine the micro economy to be ? A collective component of the econ...

Wealth Creation VS Wealth Redistribution

In 2007 I was browsing the Internet, when much to my surprise I found a database for New England Arts, about which I had not previously been aware. I thought that I had already entered our business information in all the Maine and New England directories. I proceeded to add our information but soon found out that this database was different from all the others, it required agreeing to terms created by The New England Foundation For The Arts. Upon reading the terms, I found them completely unacceptable as it virtually required giving the New England Foundations For the Arts unlimited rights over any information submitted to the database or “deep linked” to the data base- with the term “deep link” left undefined. In 2011 I am growing our business through another arts database, which is popularly known as Etsy . It is for all things handcrafted including paintings and other art works. The work that one can find in this database runs the gambit form the young artisan starting out and cre...