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Obama: Customers will accept paying more for higher minimum wage
Washington Examiner ^ | 10/7/15 | Sean Higgins

Posted on 10/07/2015 4:40:35 PM PDT by markomalley

President Obama said Wednesday that consumers would be OK paying higher prices if they knew it was the result of an increase in the national minimum wage. He argued that there was therefore no practical reason for anyone to oppose a hike.

"I think that most of us are price-sensitive. We're not looking to over-pay. On the other hand, I'll bet that a lot of folks here, if they go to a restaurant, and they know that the people working there are making a living wage, the fact that they may be paying an extra dollar for a burger, would feel OK," Obama said, adding, "Some people might not be able to afford it, but a lot of people could."

The president went on to say that it "would have an impact" in the debate over the minimum wage if consumers could be made more aware of the connection between a higher minimum wage and higher prices.

Obama made the comments at a White House event dubbed the "Summit on Worker Voice," a day-long event to promote organized labor in the workplace. The comments were part of larger discussion about changing attitudes toward outdated notions about workplace issues. He conceded that many businesses, especially restaurants, operate on tight profit margins and would have to pass the higher costs from a higher minimum wage onto consumers.

Democratic presidential candidate Hillary Clinton sent a signed copy of her memoir Hard Choices to several of the major Republican presidential candidates. Kentucky Sen. Rand Paul responded by signing the book with a message for Clinton and auctioning the memoir on eBay.

"Hillary, you refused to provide security for our mission in Benghazi," Paul wrote. "Should forever preclude you from higher office! Rand Paul."

The book signed by Paul and Clinton has already received several bids online, in excess of $300 as of press time.

Clinton first delivered the book to the presidential candidates with a letter stating that she thought the candidates may want to read the book since they had questioned her record during the most

Obama has supported several increases in the national minimum wage, which is currently $7.25 an hour. In 2013, he endorsed a Democratic legislative proposal to raise it to $10.20. Earlier this year, he endorsed a new Democratic proposal to raise it increase it to $12 an hour.

Organized labor has long supported higher minimum wages because they reduce the amount of cheap, non-union labor available to employers as well as create pressure to raise wages generally.


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: economy; livingwage; minimumwage; obama
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To: markomalley
President Obama said Wednesday that consumers would be OK paying higher prices if they knew it was the result of an increase in the national minimum wage.

They have never once been willing to pay more for "Made in the USA" - with the result that "Made in the USA" now means "Made in a Sweatshop in Los Angeles by Illegal Aliens."

61 posted on 10/07/2015 5:14:53 PM PDT by Mr. Jeeves (Heteropatriarchal Capitalist)
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To: Grams A

Lol!


62 posted on 10/07/2015 5:15:18 PM PDT by MNGal
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To: markomalley

NOT UNLESS it comes out of obuma and moosebutt’s salary....


63 posted on 10/07/2015 5:16:23 PM PDT by HarleyLady27 (I have such happy days, and hope you do too!!!)
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To: markomalley

http://abc7news.com/careers/mayor-urges-support-for-small-businesses-struggling-with-minimum-wage/544533/

So many stories out there like above


64 posted on 10/07/2015 5:17:15 PM PDT by BookmanTheJanitor
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To: markomalley

Obama: Employeee will accept more layoffs for higher minimum wage

there fixed it


65 posted on 10/07/2015 5:17:53 PM PDT by bunkerhill7 ((("The Second Amendment has no limits on firepower"-NY State Senator Kathleen A. Marchione."))))))
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To: Louis Foxwell

What is arugula, it doesn’t sound fit to eat by man or beast!


66 posted on 10/07/2015 5:23:36 PM PDT by dalereed
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To: markomalley

What a maroon. Raise the minimum wage and you give businesses a great incentive to automate.


67 posted on 10/07/2015 5:27:28 PM PDT by RKBA Democrat (Voting is like choosing whether you'd prefer the crips or MS-13 to take over your neighborhood.)
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To: markomalley

It’s a little scary living in a world where the leader of the western world is unbounded by reality.


68 posted on 10/07/2015 5:27:42 PM PDT by spodefly (This is my tag line. There are many like it, but this one is mine.)
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To: markomalley

The government has NO business telling ANY business what they should pay ANY employee.


69 posted on 10/07/2015 5:27:50 PM PDT by From The Deer Stand
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To: markomalley

Shut down this corrupt government and haul that POS out of our White House.

IMPEACH Obama, nothing he says or does is good for this country. .


70 posted on 10/07/2015 5:28:47 PM PDT by Gator113 (~~Cruz, OR LOSE~~ Ted Cruz REMAINS the only true Conservative in this race. ~~ just livin' life~~)
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To: Dilbert San Diego

Automation. You won’t be dealing with a person at all.


71 posted on 10/07/2015 5:28:56 PM PDT by RKBA Democrat (Voting is like choosing whether you'd prefer the crips or MS-13 to take over your neighborhood.)
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To: markomalley
"On the other hand, I'll bet that a lot of folks here, if they go to a restaurant, and they know that the people working there are making a living wage, the fact that they may be paying an extra dollar for a burger, would feel OK," Obama said, adding, "Some people might not be able to afford it, but a lot of people could."

The people Obama interacts with every day make (I won't say "earn") $150K, $1 million, more than $1 million ... $100 more for a burger (which they eat maybe once per year) is something they wouldn't even notice.

The Census Bureau estimated real median household income at $53,657 for 2014. You betcha $1 would have an effect!

72 posted on 10/07/2015 5:29:43 PM PDT by Sooth2222 ("In a democracy people get the leaders they deserve." - Joseph de Maistre, 1753-1821)
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To: kingu

Number 9: the task is automated, eliminating the need for the worker, their “living wage”, their health insurance, unemployment insurance, and payroll taxes.


73 posted on 10/07/2015 5:31:44 PM PDT by RKBA Democrat (Voting is like choosing whether you'd prefer the crips or MS-13 to take over your neighborhood.)
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To: doyle

Robot hamburger factory makes 360 Gourmet Burgers every hour...
http://www.freerepublic.com/focus/f-bloggers/3100817/posts

Tech Company Develops Robots to Replace $15 /Hr Workers – Can Produce 1 Burger Every 10 Seconds
http://www.freerepublic.com/focus/f-chat/3315561/posts


74 posted on 10/07/2015 5:34:13 PM PDT by 2ndDivisionVet (TED CRUZ. You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: UCANSEE2

Shoot, I’m a well off white boy and I can’t afford KFC!!


75 posted on 10/07/2015 5:41:57 PM PDT by Mathews (Ecclesiastes 10:2 (NIV), Luke 22:36 (NIV))
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To: MNGal

No, 0bama really is that stupid.


76 posted on 10/07/2015 5:47:02 PM PDT by TigersEye (This is the age of the death of reason and rule of law. Prepare!)
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To: markomalley
...the fact that they may be paying an extra dollar for a burger, would feel OK," Obama said...

Obama said...obama said...obama said...

What a dumb ass.

FUBO.

77 posted on 10/07/2015 5:47:50 PM PDT by OldSmaj (obama is a worthless mohametan. Impeach his ass now!)
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To: markomalley
FUB0!!!

78 posted on 10/07/2015 5:52:52 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY)
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To: markomalley
Would some Congressional leader (Who controls both parts) with an (R) next to their name please engage this wannabe totalitarian...
79 posted on 10/07/2015 5:57:00 PM PDT by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: markomalley

Clueless.


80 posted on 10/07/2015 6:02:14 PM PDT by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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