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Thu Feb 14, 2013, 10:56 AM

GOP Warns Obama's Minimum Wage Plan a Bad Idea

http://www.cbn.com/cbnnews/politics/2013/February/GOP-Warns-Obamas-Minimum-Wage-Plan-a-Bad-Idea/
President Obama is launching a new campaign to hike the federal minimum wage. In his State of the Union address he said he wants it raised from $7.25 to $9 an hour.

The president talked up his most controversial new proposal in Ashville, N.C., Wednesday.

"It's time for an increase in the minimum wage because if you work full-time, you shouldn't be in poverty," he said.

The White House said raising the minimum wage to $9 an hour would boost wages for 15 million Americans making the minimum or just above, lifting many of them out of poverty and helping to revive the economy.

Henderson County, N.C., resident Lukas Case, who makes minimum wage, is on board with the president's plan.

"Well, it's not fun living paycheck to paycheck," Case said. " be able to do more things; have a better life."

The boost would be enough to lift at least some people out of poverty.

A full-time minimum wage worker earns $14,500 a year. For a single parent with a child, that's below the federal poverty line. Making $9 an hour would mean an annual salary of $18,000 -- slightly above the poverty level.

Critics say, however, the move would hurt the unemployment rate because employers won't be able to hire as many workers.

"When you raise the price of employment, guess what happens? You get less of it," House Speaker John Boehner, R-Ohio, said. "Why would we want to make it harder for small employers to hire people?"

North Carolina small business owner Daniel Robinson agreed with Boehner's assessment of the president's plan.

"With me, I'd just have to cut employees; it'd be me," Robinson said. "I'd have to come down here and work, open and close by myself and just do everything because that's the only way you can afford it."

Opponents of raising the minimum wage point to the unemployment rate among young people.

Youth unemployment increased to 15 percent after the minimum wage went up in 2007. Now it's at nearly 24 percent, much higher than the overall unemployment rate.

The president faces a tough battle from Congress on raising the minimum wage. Republicans say increasing it will only send the unemployment rate higher when hiring people becomes more expensive for employers.

-CBN

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Reply GOP Warns Obama's Minimum Wage Plan a Bad Idea (Original post)
Dpm12 Feb 2013 OP
kelliekat44 Feb 2013 #1
Ichingcarpenter Feb 2013 #2
Thinkingabout Feb 2013 #3
Scuba Feb 2013 #4
The Velveteen Ocelot Feb 2013 #5
RC Feb 2013 #6

Response to Dpm12 (Original post)

Thu Feb 14, 2013, 10:57 AM

1. Any program to help the poor or disadvantaged is a bad thing to GOP. nt

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Response to Dpm12 (Original post)

Thu Feb 14, 2013, 11:02 AM

2. I wouldn't post news from CNS

Even though the story is a little tame for them. Its owned by Pat Robertson

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Response to Dpm12 (Original post)

Thu Feb 14, 2013, 11:13 AM

3. Now this must be one of the most stupid conclusion one could come up with.

Either the employer needs the employee or they don't. This cutting employees is a dumb threat. Cutting hours to get someone below the 29 hours a week so the employer with over 50 employees does not have to provide health insurance is dumb in for the fact those employees would fall into the Medicare programs, another welfare program to the benefit of employers such as Walmart.

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Response to Dpm12 (Original post)

Thu Feb 14, 2013, 11:15 AM

4. GOP makes statement. Fact checkers show it's false/lies. CBN covers it anyway.

Why post that drivel here?

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Response to Dpm12 (Original post)

Thu Feb 14, 2013, 11:33 AM

5. If businesses need employees they will hire them.

And employee wages are tax-deductible to the business. All that whining about paying employees a little more per hour causing less employment is ridiculous - if a business requires a certain number of employees to function, it will hire that number of employees. Those employees will then return their increased wages back to the economy, making it possible for that business to sell more of its product or service. Henry Ford - not exactly a shining example of liberalism - knew this when he raised the wages of his workers: he wanted them to be able to buy Fords.

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Response to Dpm12 (Original post)

Thu Feb 14, 2013, 11:40 AM

6. A higher minimum wage would help the recovery. Help Main Street over Wall Street.

 

because people would have more money to spend. Can't be having none a that. [For the sarcasm impaired --->

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