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Speaker John Boehner is so against raising the minimum wage that he once said he would rather commit suicide than vote for a “clean” increase.
The Ohio Republican and son of a barkeep has repeatedly opposed federally mandated hike increases, which have been a constant in the Democrats’ election-year playbook.
Boehner has “always believed that it's a job killer,” former Ohio Rep. Steve LaTourette, a labor-friendly Republican who is close to Boehner, told The Hill. He pointed to the Congressional Budget Office’s recent report that found that increasing the minimum wage could cost the economy 500,000 jobs.
neo96
Wage increases kill economic output, and they do put people out of work. Since small business is the largest employer in this country whose margins are already minuscule. The wage increase is putting a bandaid on a perceived problem that doesn't address the root cause.
BritofTexas
neo96
Wage increases kill economic output, and they do put people out of work. Since small business is the largest employer in this country whose margins are already minuscule. The wage increase is putting a bandaid on a perceived problem that doesn't address the root cause.
Are you advocating for everyone to take a pay cut to boost the economy?
BritofTexas
neo96
Wage increases kill economic output, and they do put people out of work. Since small business is the largest employer in this country whose margins are already minuscule. The wage increase is putting a bandaid on a perceived problem that doesn't address the root cause.
Are you advocating for everyone to take a pay cut to boost the economy?
reply to post by neo96
Compound that with food inflation, and the devaluation of the dollar which means any wage increase is meaningless.
neo96
If the proponents of 'wage increases' wanted to help people, and the economy they would cut taxes.
More money for employers, and employees.
Instead of taking more money from employers who are already paying out their butts for their employees.
Like unemployment insurance,workmans comp,and half of their employees social security, and medicare on top of everything else it takes to keep their doors open.
reply to post by neo96
If the proponents of 'wage increases' wanted to help people, and the economy they would cut taxes.
...it's not like your taxes are increasing to try and pay for all the food stamp programs, housing benefits, welfare ect. that these people need because they can't make a living wage.
Higher wages means a wider Tax base coupled with less Tax revenue spent on Food Stamps etc. Which of course leads to lowering that deficit that you keep complaining about.
The US Government runs a defecit of more than a TRILLION dollars every year. With less tax revenue, how does the government keep this little charade going? You can't keep borrowing forever. Sooner or later...the bill comes due.
I completely disagree with your assesment. If people have more money....they will spend more money. This will drive the economy and create demand, which creates jobs. If nobody has any money then it's just a matter of time before small businesses go unde
OMsk3ptic
If democrats really cared about getting people jobs they wouldn't be killing the economy with taxes, regulations, and BS about global warming/climate change. You think people are hurting now? Wait til Obama's EPA regulations kick in, electricity prices are going to skyrocket. Dem-Comms don't want to create jobs, they want people to become dependent on the state, which will give them their permanent peasant army.
Minimum wage increase the biggest beneficiary is the US government who gets more 'tax money'. Then between the increased percentages of payroll taxes that employee's, and employers will end up paying. Compound that with food inflation, and the devaluation of the dollar which means any wage increase is meaningless.
reply to post by neo96
I did say cut taxes did i not ?
Things like gas tax,sales tax, alcohol tax, tobacco taxes.
If people have more money eh ?