42+% Black Teenage Unemployment Rate? Price Them Completely Out-of-the-Market w/$10 Min Wage!

Reaganite Republican ^ | 19 February 2014 | Reaganite Republican

[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

[Reaganite Republican]

***ping***

[Buckeye McFrog]

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

[Qwackertoo]

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

[353FMG]

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

[Reaganite Republican]

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

[GeronL]

bump

[Reaganite Republican]

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

[circlecity]

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.

[joshua c]

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

[Doogle]

...change from Odungoville

[Baynative]

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.

[nfldgirl]

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.

[MeshugeMikey]

Great Minds

[I want the USA back]

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.

[morphing libertarian]

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.

[Pearls Before Swine]

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

[PGalt]

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

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

[goodnesswins]

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.