Posted on 03/05/2016 9:40:11 AM PST by John Semmens
President Obama hailed the February jobs report as evidence that "the economy is pretty darn great." The report estimated that more than 240,000 new jobs were created. Of those jobs, nearly 80% were minimum-wage.
While some critics were disappointed that such a large percentage of the jobs were at the lower end of the pay scale, the President was more upbeat. "This is precisely the sector we wanted to expand," Obama said. "The greater the number of people working for minimum wage, the greater will be the pressure on Congress to raise the minimum wage."
The President's gloating didn't stop there, though. He also tabbed the increasing ranks of low-wage workers as "a big plus for the Democratic Party. Aside from those subsisting on welfare, low-wage workers are the most reliably Democratic voters. The greater the proportion of our population that occupies these cohorts of our society, the more entrenched progressive politics and policies will become."
In related news, the President praised Obamacare as "my gift to an ailing nation" at a rally in Milwaukee this week. "Thanks to me, more people are insured than ever." Wisconsin Sen. Ron Johnson contested Obama's claims saying that "millions of Americans were thrown off health plans that they liked and forced into Obamacare plans that simultaneously raised premiums and reduced coverage. The President's 'gift' could be more aptly characterized as a punch to the gut funded by a raid on Americans' bank accounts."
if you missed any of this week's other semi-news/semi-satire posts you can find them at...
http://www.gopbriefingroom.com/index.php?topic=197402.0
While the unemployment number gets a lot of space, the declining hourly wage and hours worked, not so much.
Well yeah. For you. Free golf, free air travel, free food, free housing. It’s good to be the lyin’ king.
when I saw this on the news earlier, I told my son watch, I bet they don’t mention 80% were minimum wage jobs.
Sure enough I was right.
Have you noticed also you never hear about the homeless.
Come January 2018 after 1 yr, mysteriously Trumpvilles will pop up everywhere
Thanks to me, more parasites are insured while other peoples insurances rates increase the good old socialism way.
LOL!
I have a job that I work at 34 hrs per week. The hourly rate is one third of what I made in 1985 when adjusted for inflation. It is less than one half of what I made in 2009 when the company I worked for folded. The job is not in my field but it is the only one I can find. I make do by getting projects in my field, but I do not have the resources in either time or money to make self employment really work for me at the moment.
I cannot blame this administration for causing my woes. My age makes it hard to get hired. I failed to maintain contacts in the industry as I should have over the last three decades as I worked by myself. As a result, when the music stopped playing I found no open chair to sit in. But I do believe the last decade has been sort of a suspended animation with almost no progress toward rekindling economic growth. The trickle down impact affects everyone. It’s not like past recoveries where opportunities just came to you. It’s more like wandering through an A bomb target after the fact, looking for any sign of life.
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