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42+% Black Teenage Unemployment Rate? Price Them Completely Out-of-the-Market w/$10 Min Wage!
Reaganite Republican ^ | 19 February 2014 | Reaganite Republican

Posted on 02/19/2014 9:25:44 AM PST by Reaganite Republican


CBO report says $10 minimum wage would zap 500,000+ jobs...


The guaranteed way of holding the poor, the minorities 
and the disenfranchised out of the mainstream is 
if you price their original services too high..." -Art Laffer

Although Rep Duncan Hunter (R-Ca) attmepted to floor a bill a couple years back that would have forced the (now politicized) US Labor Department to publish real unemployment numbers -ones that actually reflect the all-time-record number of Americans who have given up/left the labor force- we still can't believe a word from this vile regime, and have to settle for outside estimates to get some feel for reality...


To some it seems intentional... Dear Leader would prefer to see us all on welfare than gainfully employed - he likes his serfs fully dependent on government, and at his knees- even more so re. 'progressive' political base in the US inner-city. Obama's basically replacing jobs with entitlements... that's what hopenchange is all about.

And while we can't prove Obama's intentions, according to Ronald Reagan's top economic mind (Art Laffer advised an administration that created over twenty million jobs) the likely results of Obama's Marxist policies are no mystery... Mr Laffer's long called the minimum wage 'The Black Teenage Unemployment Act', and considers a 40% hike in the min. wage now proposed by the White House as just still more economic lunacy.

Ronald Reagan -and Art Laffer- delivered 6.8% growth in 1984... the highest in 50 years, going-on to add nearly 1/3 to US GDP by then end of his second term. This was the equivalent of the entire economy of West Germany -world's third largest then- being tacked on top of the existing American economy he 'inherited' from Jimmy Carter.

Why would anybody listen to this radical, incompetent, lying fool Barack Obama when he tells you his new left-wing issue-of-the-day won't cost us jobs, freedom, and American economic might? That's what he always says- instead, listen to somebody who's actually been successful at something economic other than buying a bag of 'choom'.

-[video]-

Gateway Pundit   Breitbart   NewsMax   FoxNews


TOPICS: Business/Economy; Conspiracy; Government; Politics
KEYWORDS: jobs; minimumwage; obamanomics; reaganomics; unemployment

1 posted on 02/19/2014 9:25:44 AM PST by Reaganite Republican
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To: AdvisorB; ken5050; sten; paythefiddler; gattaca; bayliving; SeminoleCounty; chesley; Vendome; ...

***ping***


2 posted on 02/19/2014 9:26:29 AM PST by Reaganite Republican
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To: Reaganite Republican

When you aren’t busy chasing Trader Joe’s out of the neighborhood because they’re “too white”.


3 posted on 02/19/2014 9:26:48 AM PST by Buckeye McFrog
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To: Reaganite Republican

And how high will it go with Immigration Reform? 100%.


4 posted on 02/19/2014 9:28:55 AM PST by Qwackertoo (Going into Politic Free Zone Momma Grizzly hibernation for a while after this week, maybe forever.)
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To: Reaganite Republican

Good ol’ Obama’s reverse logic having devastating effects on the country.


5 posted on 02/19/2014 9:29:20 AM PST by 353FMG
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To: Buckeye McFrog

That TJ’s would have done irreparable damage to the community- fer instance, it would have made it obvious that jobs DO exist for those seeking them, and right on their doorstep... uh oh


6 posted on 02/19/2014 9:33:09 AM PST by Reaganite Republican
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To: Reaganite Republican

bump


7 posted on 02/19/2014 9:33:12 AM PST by GeronL (Vote for Conservatives not for Republicans!)
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To: 353FMG

Or it’s intentional because he only likes bankrupted serfs with their independence from government thoroughly crushed


8 posted on 02/19/2014 9:34:01 AM PST by Reaganite Republican
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To: Reaganite Republican

Aren’t these people paying attention to Obama’s trained economists? They assure us that massive increases in the cost of labor will have no effect on employment.


9 posted on 02/19/2014 9:34:35 AM PST by circlecity
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To: Reaganite Republican

If they truly want to help, they should repeal the minimum wage laws.


10 posted on 02/19/2014 9:37:15 AM PST by joshua c (Please dont feed the liberals)
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To: Reaganite Republican

...change from Odungoville


11 posted on 02/19/2014 9:37:48 AM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Reaganite Republican
Raising the minimum wage just might have unforeseen consequences. Right now it is the bottom rung of the employment ladder where almost anyone can get hired and have a chance to learn the basics of coming to work, reacting to the public or the demands of the job and pleasing the boss.

As the wage being paid raises, so does the bar of competence and even the first rung of employment may become more competitive which in turn could leave a growing percentage unemployable as people who have learned some workplace skills and mannerisms start showing up to apply.

12 posted on 02/19/2014 9:39:24 AM PST by Baynative (Got bulbs? Check my profile page.)
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To: Reaganite Republican

Reminds me of the young guy who left a message on my answer machine last night about my alma mater’s annual fund drive - no doubt, most likely a student at the same college. He spoke in “mumble-speak” with no clear pronunciation/enunciation, no cordial, pleasant expression at all. I wonder how in the world people expect to get a $10+ an hour job when they cannot even speak properly, coherently, intelligently.


13 posted on 02/19/2014 9:41:05 AM PST by nfldgirl
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To: Reaganite Republican
Great Minds




14 posted on 02/19/2014 9:48:08 AM PST by MeshugeMikey (Where are The Weapons Of Mass Global Climate Change Destruction?)
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Comment #15 Removed by Moderator

To: Reaganite Republican

This is their intention: expand the class of unhappy people by keeping them poor. Then claim that they have to take more money from people who are earning more.

Complete misery and control is what they want.


16 posted on 02/19/2014 9:51:13 AM PST by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
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To: Reaganite Republican

If there has to be a minimum wage, why not make an exemption for teenagers or students so they can do something productive and make a few bucks.


17 posted on 02/19/2014 9:51:58 AM PST by morphing libertarian
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To: Reaganite Republican

Treat black kids like white kids. Hire them as interns. isn’t the minimum wage for college educated interns approximately zero?


18 posted on 02/19/2014 9:51:59 AM PST by Pearls Before Swine
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To: Reaganite Republican

Free from “job lock”. All hail King Hussein!

USA! (United Socialists of America)
USA! (United Socialists of America)
USA! (United Socialists of America)


19 posted on 02/19/2014 9:59:18 AM PST by PGalt
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To: Mean Maryjean

Those are the kind of people being beat out by another kind....the Mexican legal immigrant who is general manager for an orchard I know of....he gets paid $70K per year, plus gets free housing....and this year he got a 20K bonus....and cried when he received it.


20 posted on 02/19/2014 10:04:37 AM PST by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods.)
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To: Reaganite Republican

The Left wants blacks ALL on the federal dole except the ones who are helping the Left rule as bureaucrats and enforcers. And it gets the added benefit that blacks in the cities increasingly keep the middle class off balance with their increasing criminal activity which will be enhanced by putting more of the young men out of work.


21 posted on 02/19/2014 10:45:00 AM PST by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: arthurus

An EBT army. Just look what happens in certain neighborhoods when a few housing vouchers are handed out. Or when a Walmart’s EBT processing computer crashed in 17 states.


22 posted on 02/19/2014 10:53:17 AM PST by Organic Panic
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To: Reaganite Republican

bttt


23 posted on 02/19/2014 10:54:55 AM PST by Mrs. Don-o (Takes one to know one, and vice versa.)
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To: Reaganite Republican
As we discuss the President's newest tool for dividing Americans--something he calls, "income inequality," perhaps Economics Professor Dr. Walter E. Williams's common-sense, and economically sound, advice might be helpful.

That advice may be found here. Essays on other subjects, such as government-controlled minimum wage levels, also are available at the site.

Williams introduces the "income inequality" matter in this paragraph:

"Democrats plan to demagogue income inequality and the wealth gap for political gain in this year's elections. Most of what’s said about income inequality is stupid or, at best, ill-informed. Much to their disgrace, economists focusing on measures of income inequality bring little light to the issue. Let’s look at it." - Walter E. Williams

The following magazine ad was published many years ago, and utilized Dr. Williams clear message on the consequences of government-forced minimum wage laws. Since his conclusions are based on sound principles, they are as valid today as they were then.

Min. Wage photo MinWage2.jpg

24 posted on 02/19/2014 11:20:19 AM PST by loveliberty2
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To: Reaganite Republican

purposly do poorly in school cause ya don’t care to be called a “tom’.
Geet a few “hoes”preggers and go to jail for some reason.
Then expect a job?
Maybe if ya wear your trousers a little lower ya punk ass thugs.


25 posted on 02/19/2014 12:26:58 PM PST by Joe Boucher ((FUBO) obammy lied and lied and lied)
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To: Mrs. Don-o

Thank you kindly


26 posted on 02/19/2014 10:30:43 PM PST by Reaganite Republican
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