Obama says he wants to bring jobs back to the US, and then in the same speech says he wants to raise the minimum wage (which most union contracts are tied to) and wants to clamp down on emissions from manufacturers...
Does not sound real "business friendly" to me.
I personally find his speeches pointless anyways. He does have the gift of oratory, he just does not do govern like he frames it in his speeches, so it is pointless.
I cannot watch the guy...he clearly reminds me of a fellow I used to work for.....literally...on any important issue...if his lips were moving...he was telling a lie....commitments to clients, employees, regulators, superiors, etc......even resembles him mannerisms, etc... except for race !! Myboss was white....and talk about a guy that would throw anyone under the bus !!!
Obama is a socialist.
His speeches are pie in the sky. After 4 years in office he is still has no clue.
He is a con man and a very good one …that is the only thing he is good at.
He will go down in history as the worst president ever.
God Bless America
And quite frankly, Obama low-balled it. The minimum wage should be raised to $10-$12. Had he done the smart thing, and done that before health care reform, we'd be a lot farther down the road of recovery than we are right now.
When workers have more money in their pockets, they spend more. Demand goes up and businesses see increased sales.
It's not a coincidence that when the value of the minimum wage was the highest that unemployment reached the 2nd lowest level for all of the 20th century.
I agree, I can't for the life of me understand why most Republicans cannot understand this.
When workers have more money in their pockets, they spend more. Demand goes up and businesses see increased sales.
It's not a coincidence that when the value of the minimum wage was the highest that unemployment reached the 2nd lowest level for all of the 20th century.
They don't want government to be in the business of creating jobs.
Government can create all the well paying jobs they want. The problem, where is government going to get the funds to pay people?
1 question : If raising the minimum wage is the answer why not make the minimum fifty dollars an hour ?
When minimum wage goes up the cost of goods and services go up at the same time many jobs are cut . The people you are trying to help, the poor , get hurt the most by the increased cost of survival and loss of job opportunities .
http://www.marketplace.org/topics/wealth-poverty/pay-day/does-minimum-wage-hurt-poor
When workers have more money in their pockets, they spend more. Demand goes up and businesses see increased sales.
It's not a coincidence that when the value of the minimum wage was the highest that unemployment reached the 2nd lowest level for all of the 20th century.
is an important step in reducing the increases in the working poor.
But to get people started in a career.
could only find work delivering pizzas', working at MacDonalds or HomeDepot.
Teddy Roosevelt was the first person who proposed a living wage. FDR borrowed from that idea to create the minimum wage. Just like how he borrowed from Teddy's Square Deal to create the New Deal.
Teddy defined a living wage thusly:
"The monetary equivalent of a living wage varies according to local conditions, but must include: enough to secure the elements of a normal standard of living-- a standard high enough to make morality possible, (so people don't have to steal) to provide for education and recreation, to care for immature members of the family, to maintain the family during periods of sickness, and to permit of reasonable saving for old age."
Today the minimum wage does not provide that. Not only does it not provide that for a family, but it fails to provide that for a single individual.
The minimum wage was to a way to keep sweat shops from paying too little.
As part of FDR's New Deal, the National Recovery Administration under the National Industrial Recovery Act of 1933 sought to establish a federal minimum wage. However, in 1935, the U.S. Supreme Court deemed this act unconstitutional.
The minimum wage was included in the Fair Labor Act of 1938.
Again the minimum wage was never meant to be a "living wage". However, since BO is clueless when it comes to the economy and what creates job growth and creation (unless there government jobs), his answer is to raise the minimum wage.
Here's a homework assignment for you. Go back and look at every since time the minumum wage has been increased. Take note of the unemployment rate the month that increase kicked in. Then look at the unemployment rate 12 months after that increase.
correlation does not equal causation. - by willywonka4u, 2/11/2013 10:55:56 AM
A storng middle class drives the economy. No two ways about it, the middle class buy most of the consumer goods sold in the US. Not to mention the amount being put into 401 k and ira s.
It could just be a correlation if you see one thing follow another a couple times.
But when raising the minimum wage has continually lowered unemployment, and when we were raising the minimum wage almost every year, the unemployment rate dropped to the 2nd lowest rate for all of the 20th century.
That's one hell of coincidence.
Willy, IMO, the minimum wage should be $15.00-$17.00/hour. Who the hell can live on $9.00/hour? But,then again, there won't be any more Burger King $6.49 value meals either, lol. More like $7.99.
Wages go up, cost of goods goes up, and the guy making $9 an hour is back to have the same spending power he had to start with.
Why do liberals always think businesses will just "take it" and not pass along the cost. Companies do not pay wages, end consumer do, companies do not pay taxes, end consumers do....
It's is a rat trap which businesses have already figured out and the end consumer lost this one.
Come on Willy, you know this!!
Does not sound real "business friendly" to me.
I personally find his speeches pointless anyways. He does have the gift of oratory, he just does not do govern like he frames it in his speeches, so it is pointless.
Stupidest argument, employers will hire mor people when the wages are low. Let us test that logic, cut everynone's wages by 25% and see whether employers hireb5% more.
It is the Lambaugh logic, a person has never run a business, managed business other than running his mouth which he doesn't know how to manage.
Show me a business that makes hiring decisions based on minimum wages, I will show you business standing in the bankruptcy court.
Yes, if we don'tbfigur out a way to grow without destroying he planet, we don't have to worry about a thing soon enough. You Repugnants have the same drivel for everything.