One would think Omaha would wait to see how Lincoln's attempt in circumventing the State Legislature plays out before going down that same trail. But then again, spending taxpayer money is seldom a deterrent in political crapshoots.
Lawyer Aimee Melton is correct on the law. Second cousin Danny Begley is wrong on the law. State law is supreme over city law on this topic. Omaha has home rule, but its authority doesn't extend to wages.
Rent control is a component of capital controls which never turn out well. Countries and governments that have implemented capital controls have always found nothing but failure and economic downturn. Neither Omaha nor Lincoln should want to venture down that road to economic chaos.
Worse, the idea of minimum wage is based on feudal economics, where elected officials act like the lord of the manor, deciding what’s best for us.
Modern economics began in 1776 when Adam Smith’s “Wealth of Nations” was published. It described that in a free market both buyer and seller benefit. Smith said it was like “an invisible hand” that creates wealth and brought prosperity for all. What Nebraska needs are elected officials for the 21th century, not the Dark Ages.
One would think Omaha would wait to see how Lincoln's attempt in circumventing the State Legislature plays out before going down that same trail. But then again, spending taxpayer money is seldom a deterrent in political crapshoots.
Lawyer Aimee Melton is correct on the law. Second cousin Danny Begley is wrong on the law. State law is supreme over city law on this topic. Omaha has home rule, but its authority doesn't extend to wages.
Rent control is a component of capital controls which never turn out well. Countries and governments that have implemented capital controls have always found nothing but failure and economic downturn. Neither Omaha nor Lincoln should want to venture down that road to economic chaos.
One only has to look to New York City for a prime example of the havoc rent control can wreak on a city
Worse, the idea of minimum wage is based on feudal economics, where elected officials act like the lord of the manor, deciding what’s best for us.
Modern economics began in 1776 when Adam Smith’s “Wealth of Nations” was published. It described that in a free market both buyer and seller benefit. Smith said it was like “an invisible hand” that creates wealth and brought prosperity for all. What Nebraska needs are elected officials for the 21th century, not the Dark Ages.