One of the biggest opponents of the federal minimum wage in Samoa is StarKist Tuna, which owns one of the two packing plants that together employ more than 5,000 Samoans, or nearly 75 percent of the island’s work force. StarKist’s parent company, Del Monte Corp., has headquarters in San Francisco, which is represented by Mrs. Pelosi. The other plant belongs to California-based Chicken of the Sea.Oh, I'm sure Big Tuna had no pull with the new Speaker of the House, no pull whatsoever . . .
75% of the workforce! A clear example of a situation where making the workers better off would take money away from a company and divert it into the local economy. A clear example of a situation where it is very likely that wages are lower than a free market would dictate! A clear example of where a congress critter of the liberal persuasion should be diligently protecting workers and not handing unfair competitive advantages to particular corporations!
So what did we do when we passed this bill which has effects mostly ranging from pointless to damaging? We exempted American Samoa!
12 January 2007
Pelosi Showg Her Hand
Not only does the "culture of corruption" tag Pelosi and Reid hung on the Republicans have no merit, now the Democrats show that they play the same games. On top of that, they demonstrate a failure to understand economics at a very basic level.