55% of those living under the poverty rate do not work. Raising the minimum
wage will only hurt them as they will have to pay a little more for their Big
Mac and fries to cover the wage increase.
He just doesn't get it. The business leaders are right. In raising the
minimum wage you are only hurting small businesses who are already spread thin
by the $7.25/hr minimum wage. By adding $1.75/hr to that already hurtful to many
businesses wage the result could be layoffs. At the very least prices across the
board in grocery, retail and fast food will go up significantly. Any increase to
the federal minimum wage must also be accompanied with a reduction and freeze on
gas prices as wages and shipping are the chief culprit in high prices that were
once low. KDave is right when he says that it will hurt the very people he is
trying to help and further hurt the small businesses that he has already struck
a sour note with.
Based on what barack said he would do four years ago(cut the deficit in half,
keep unemployment below 8%), and based on what he actually DID, now
the best course of action is to do exactly the opposite of what barack says.
According to the BLS, the three states with the highest unemployment rates also
have minimum wages laws OVER the federal minimum - RI 10.2%, NV 10.2%, CA 9.8%.
None of the six states with the lowest unemployment rates have
minimum wage laws above the federal minimum.There are other factors
that contribute to higher unemployment rates, like closed-shop rules, etc, but a
higher minimum wage also effects employment - especially for teenagers who most
frequently make minimum wage.Of course the AP would not tell you
this because they support everything BO does.
I love living in Utah. We know everything and have all the answers. It amazes
me the President hasn't been from Utah everytime... you know, because
we're all so smart.
@Bored,No, I dont know all the answer. I only know what barack told
me four years ago and I know what he accomplished. He told me he
would cut the deficit in half during his firm term.He told me if he
was allowed his first(of many) spendathons of 787 billion that unemployment
wouldnt reach 8%I cannot tell my boss I will accomplish task A and B
and then fail miserably in tasks A and B and expect him to give me a pat on the
back, or even keep me employed. I also cannot tell him "I tried" if I
was light years away from accomplishing tasks A and B.If barack had
cut the deficit by 40% I would have said "thats pretty close, well done
obama"The deficit increased.If barack had kept the
unemployment below 8.5%, I would have said that is pretty close.It
went to over 11%Sorry, "I tried" doesn't cut it,
especially when you are the President of the United States.
Yep, well said. IF Barry was in the private sector, he would have been fired in
early 2009. That is how pathetic those that voted for him are. They believe that
a train wreck can magically right itself.
He also said "the deficit has been cut $2.5 trillion in the last few
years", and "we depend less on foreign oil".