Does everybody remember this socialist hero of the Left?
The Seattle CEO who reaped a publicity bonanza when he boosted the salaries of his employees to a minimum of $70,000 a year says he has fallen on hard times.
Dan Price, 31, tells the New York Times that things have gotten so bad he’s been forced to rent out his house.
[ImageSource] Only three months ago Price was generating headlines—and accusations of being a socialist — when he announced the new salary minimum for all 120 employees at his Gravity Payments credit card processing firm. Price said he was doing it, and slashing his $1 million pay package to pay for it, to address the wealth gap.
“I’m working as hard as I ever worked to make it work,” he told the Times in a video that shows him sitting on a plastic bucket in the garage of his house. “I’m renting out my house right now to try and make ends meet myself.”
DEAR AMERICA: Dear Millennials and Dear Brainwashing University Professors: Socialism. Already. Failed. This may come as a shock. But it was actually tried once back in the day in places called Germany, Russia, and in all slightly varying forms, most of Europe. It has failed! Hello: GREECE? There is a reason why in a Free Market, you earn what you are worth. This man is a hero to the radical left because they wanted so desperately for him to succeed so they could all clamor: High Minimum Wage works! We MUST now use this model in government to help EVERYONE! But, the minute you stop earning what you are worth, you are no longer in a free market. You are in a controlled market. Controlled by government regulation and mandate. It sounds like when Government intervenes in the Free Market that they are actually in fact, making all things fair. HOWEVER, it is actually quite the opposite. When government intervenes it introduces a new set of rules, like the mafia, which cannot be superseded and which are artificial and alien. The free market is only fair when government does NOT intervene! This works great for the lazy, but completely hoses the hard working, creative, backbone of America that has built her to what she is today. Socialism is the enemy of the American Dream, and we are under attack. –American Godfather