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So that’s the good news. We fought back from the worst economic crisis in our lifetimes. We’ve laid the foundation for America’s future growth. But here’s the problem: There’s been a long-term trend that has really been hitting middle-class folks and folks trying to get into the middle class, and that’s been going on since before most of you were born. The economy increasingly has folks at the top doing really well, but then middle-class families, people who are struggling to get into the middle class, they’re working harder, but their wages, their incomes aren’t going up.
And we’re a better country than that. In America, we do not believe in opportunity just for the few. We believe that everybody should have a chance at success. Everybody. (Applause.) And we believe our economy grows best not from the top down, but from the middle out, and from the bottom up. (Applause.) And we want to make sure that no matter where you’re born, what circumstances, how you started out, what you look like, what your last name is, who you love -- it doesn’t matter, you can succeed. That’s what we believe. (Applause.)
... //comments on teaching job, social works)//
My point is we got to make sure that everybody can afford to do things that may not pay huge sums of money but are really valuable to society.
...
All of which brings me back to this issue of the minimum wage, giving America a raise. Now, raising the minimum wage is not going to solve all of our economic challenges. The majority of folks who are working get paid more than the minimum wage. As Americans we understand that some people will earn more than others. But here’s one thing we do believe: Nobody who works full-time should be raising their family in poverty.
...
But the fact is most people who would benefit from a higher minimum wage are not teenagers taking on their first job. The average age of folks getting paid the minimum wage is 35. A majority of lower-wage jobs are held by women. Many of them work full-time, often to support a family.
... //On republicans//
Look, here’s the truth. They’re not necessarily cold-hearted, they just sincerely believe that if we give more tax breaks to a fortunate few and we invest less in the middle class, and we reduce or eliminate the safety net for the poor and the sick, and we cut food stamps, and we cut Medicaid, and we let banks and polluters and credit card companies and insurers do only what’s best for their bottom line without the responsibility to the rest of us, then somehow the economy will boom, and jobs and prosperity will trickle down to everybody.
...
What the argument is right now about is whether we also affirm the values that make sure we’ve giving everybody a chance; making sure our fellow citizens can also pursue their dreams; that we’re not just looking out for ourselves all the time, but we’re also looking out for the person next to you. That's also what America is about. That's what we have to do again.
Agit8dChop
Only Obama could raise minimum wage for the countries lowest paid workers and be ridiculed for it on ATS!
Its like some of you want him to REDUCE minimum wage.
Disgusted once again with the blinkers this site provides.
raising minimum wage is a great move by Obama and will help those living below or on the poverty line.
beezzer
Agit8dChop
Only Obama could raise minimum wage for the countries lowest paid workers and be ridiculed for it on ATS!
Its like some of you want him to REDUCE minimum wage.
Disgusted once again with the blinkers this site provides.
raising minimum wage is a great move by Obama and will help those living below or on the poverty line.
*Sigh*
I personally want these people to make MORE than minimum wage.
But that won't happen with constant government interference.
..... and get 40 million into poverty and more taxpayers into deeper debt !!
Earlier in the day, President Obama was at the University of Michigan in Ann Arbor where he talked about raising the minimum wage to $10.10 an hour up from $7.25 an hour. And while opponents say that could close some businesses, the president said a higher minimum would get 28 million people out of poverty.
Agit8dChop
Only Obama could raise minimum wage for the countries lowest paid workers and be ridiculed for it on ATS!
Its like some of you want him to REDUCE minimum wage.
Disgusted once again with the blinkers this site provides.
raising minimum wage is a great move by Obama and will help those living below or on the poverty line.
Democrats and their supporters in organized labor responded warily to Bush's proposal to link a minimum wage hike to tax breaks for business, saying the increase should be passed on its own merits. Democratic leaders have promised to make increasing the $5.15-per-hour minimum wage one of the first orders of business when the new Congress convenes Jan. 4.
hounddoghowlie
something people don't think about.
all the minimum wage is about is keeping the same amount of tax money coming in. due to the fact that they know people working for minimum wage are going to be cut back to less than 30hrs a week due to obamacare.
working 40hrs a week at $7.25 is $290, working at 30hrs a week at 10.10 is $303, just ten bucks more at the same tax rate. same amount coming in.
the dumb bastards don't think people realize this.
edit on 2-4-2014 by hounddoghowlie because: (no reason given)edit on 2-4-2014 by hounddoghowlie because: (no reason given)
Agit8dChop
Only Obama could raise minimum wage for the countries lowest paid workers and be ridiculed for it on ATS!
Its like some of you want him to REDUCE minimum wage.