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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'.
TOPICS: Business/Economy; Conspiracy; Government; Politics
KEYWORDS: jobs; minimumwage; obamanomics; reaganomics; unemployment
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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/)
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.
To: Reaganite Republican
23
posted on
02/19/2014 10:54:55 AM PST
by
Mrs. Don-o
(Takes one to know one, and vice versa.)
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 whats 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. Lets 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.
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)
To: Mrs. Don-o
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