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Minimum Wage Hike Support Falls On CBO Jobs Warning
Investor's Business Daily ^ | 02/27/2014 | John Merline

Posted on 02/28/2014 8:03:57 AM PST by IBD editorial writer

Less than half the public support a sharp boost in the minimum wage when told that it could cost the economy half a million jobs, according to the latest IBD/TIPP Poll out Thursday.

That comes amid reports that some Senate Democrats are backing away from President Obama´s push to boost the minimum wage by 39% over the next two years, to $10.10 an hour, after the Congressional Budget Office found that it would kill 500,000 jobs.

Unlike other surveys, the IBD/TIPP Poll asked two questions about the minimum wage.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: cbo; jobs; minimumwage

1 posted on 02/28/2014 8:03:58 AM PST by IBD editorial writer
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To: IBD editorial writer

Well, so much for that Obama Admin policy initiative that was going to energize the voters and lower classes to come out in waves for Dems this Fall.

Lasted all of about a week.


2 posted on 02/28/2014 8:05:30 AM PST by FAA
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To: IBD editorial writer

Want to raise the minimum wage? Increase the pay of most of the military under the grade of E-4. They make less than minimum wage and are risking their lives to do so.


3 posted on 02/28/2014 8:06:11 AM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: IBD editorial writer

WIll the great leader address this?

Will he recant on his claims of a new minimum wage creating new jobs.

will he instead avoid these numbers like the plague?

Is this friday[?]


4 posted on 02/28/2014 8:07:04 AM PST by MeshugeMikey (how many times has obie fundamentaly transformed obamacare now?)
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To: IBD editorial writer

Hope Mr. Elmendorf will enjoy his lifetime of IRS audits...


5 posted on 02/28/2014 8:07:09 AM PST by Buckeye McFrog
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To: IBD editorial writer

Amazing what happens to polls when you tell the consequences of liberalism.


6 posted on 02/28/2014 8:07:29 AM PST by nhwingut (This tagline is for lease)
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To: MeshugeMikey

“WIll the great leader address this?..”

Yes. He will blame the GOP in Congress. Media will repeat it to the masses. The masses will buy it. Rinse and repeat.


7 posted on 02/28/2014 8:20:22 AM PST by FAA
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To: Don Corleone

“Want to raise the minimum wage? Increase the pay of most of the military under the grade of E-4. They make less than minimum wage and are risking their lives to do so.”
************************
Excellent, I can remember many years ago being an E5 with a wife and daughter and being qualified for welfare, I wouldn’t take it.


8 posted on 02/28/2014 8:29:23 AM PST by mongo141 (Revolution ver. 2.0, just a matter of when, not a matter of if!)
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To: FReepers

FR To The Finish Line!

9 posted on 02/28/2014 8:30:55 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: FAA
One DAY...One Day.... Obamas gonna have a close encounter..


10 posted on 02/28/2014 9:17:25 AM PST by MeshugeMikey (how many times has obie fundamentaly transformed obamacare now?)
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