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1 posted on 02/19/2014 5:35:07 AM PST by SeekAndFind
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To: SeekAndFind

But the White House issued a statement saying “they are wrong”. So I guess everything is OK.


2 posted on 02/19/2014 5:43:15 AM PST by Buckeye McFrog
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To: SeekAndFind

Vicious Circle ... Once started, is difficult to stop. Inflation or Deflation ... two sides of one coin. No matter on which side the coin lands ... Huge Losses.


3 posted on 02/19/2014 5:46:36 AM PST by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: SeekAndFind
CBO says 500,000 jobs will be eliminated as minimum wage increases

These are just "job-locked" workers, yearning to breathe free, free from the shackles that bind them to their meager paychecks. With Obamacare, they need not worry about the day-to-day drudgeries inflicted upon them in their minimum-wage job.

4 posted on 02/19/2014 5:46:53 AM PST by Lou L (Health "insurance" is NOT the same as health "care")
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To: SeekAndFind
When I was in grad school in the '60's studying economics, I cannot remember reading a single article that said raising the minimum wage helped the people it was designed to help. In every study, the young, inexperienced, often minority worker, ended up having a significant increase in unemployment, taking years to fall to pre-increase levels. Yet, people have the economic IQ of a pile of bricks, and politicians play on this stupidity. About the best thing these idiots will be able to say is: "Yeah, but if I had a job, I'd be making $10.10/hr."

Stupid.

5 posted on 02/19/2014 5:47:07 AM PST by econjack (I'm not bossy...I just know what you should be doing.)
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To: SeekAndFind

Raising the minimum wage is very popular, it will be interesting to see if this sways any opinions.


7 posted on 02/19/2014 5:52:14 AM PST by sickoflibs (Obama : 'Any path to US citizenship for illegals HERE is a special path to it ')
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To: SeekAndFind

The CBO’s range of the number of lost jobs went up to 1 million...


8 posted on 02/19/2014 5:54:23 AM PST by ltc8k6
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To: SeekAndFind

Maybe it would help some of the PACs to run Union stories. For example, “Most of the news your read and TV you watch is produced by members of a UNION. The unions are the biggest contributors to politicians (show chart). Why do you think the folks that suggest to you that business pay more or that wages should be hirer or that there should be more UNION jobs in government - why do this stories get such favorable treatment...UNIONS!!” Then show some fat union bosses at a conference - Tag LINE - Unions they get all the good press.


9 posted on 02/19/2014 6:00:31 AM PST by q_an_a (the more laws the less justice)
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To: SeekAndFind

CBO says 500,000 jobs will be eliminated low level employees will be emancipated from work as minimum wage increases



[/s]

==

The WH's response:

White House Attacks CBO Over Minimum Wage Report (Truth:Obama :: Kryptonite:Superman)
12 posted on 02/19/2014 6:20:49 AM PST by TomGuy
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To: SeekAndFind

Something’s gotta give. You either lose jobs, cut hours, eliminate benefits, stagnate the wages of proven employees, raise prices or all of the above.


13 posted on 02/19/2014 6:23:20 AM PST by Phillyred
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To: SeekAndFind
We need to propose a new law for all government/public sector employees. Let's call it...

“The Public Employee Fair Wage Act”

The concept is simple, nobody is forced to live on minimum wage. Everyone will be paid the same. After all, doesn't fairness require that everyone have a living wage?

Let's use public schools as an example. We take the entire employee wage budget and divide it equally for every employee. Principal to janitor and lunch lady, everyone gets the same ‘fair’ wage.

The janitor and lunch lady will get a nice bump in wages to a very livable $17.28 hr. That would warm the hearts of all the liberals...right?

Too be fair pensions and benefits will have to divided equally too, so everyone will get an Owebamacare ‘Bronze’ basic plan and a pension of $16,437.00 yr after 40 years of service.

With their Social Security check of $14,000 a year they can retire in relative comfort with a tad over 30k a year.

There should be some savings for the schools in money spent bargaining all those union contracts, the whole thing can now be figured out on the back of a napkin over lunch!

That should put everyone safely over the food stamp level so we won't have to read anymore newspaper articles about first year teachers on food stamps. Those were real tearjerkers around contract time every year.

Now we just follow the same plan through every government dept and the liberals will have fair wages for everyone.

14 posted on 02/19/2014 6:30:13 AM PST by Beagle8U (Unions are an Affirmative Action program for Slackers! .)
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To: SeekAndFind
500,000 lose jobs but they are part of a family. So how many new folks will be added to the poverty numbers.

Wow....Talk about manipulating numbers.

15 posted on 02/19/2014 6:30:46 AM PST by Sacajaweau
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To: SeekAndFind

Raising the minimum wage increases the risk of “job-lock.”

Best leave it where it is now or, better yet, reduce it.

Can’t be too careful, y’know.


17 posted on 02/19/2014 6:48:54 AM PST by Arm_Bears (Shoot cops that shoot dogs.)
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To: SeekAndFind

George Will had it right. Liberals raise the price of tobacco to cut down smoking, raise the price of gas to discourage driving but can’t see the effect of raising the price of labor.


20 posted on 02/19/2014 8:31:52 AM PST by Starstruck (If my reply offends, you probably don't understand sarcasm or criticism...or do.)
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