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 The comments were part of larger discussion about changing attitudes toward outdated notions about workplace issues.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.
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."
Lol!
NOT UNLESS it comes out of obuma and moosebutt’s salary....
So many stories out there like above
Obama: Employeee will accept more layoffs for higher minimum wage
there fixed it
What is arugula, it doesn’t sound fit to eat by man or beast!
What a maroon. Raise the minimum wage and you give businesses a great incentive to automate.
It’s a little scary living in a world where the leader of the western world is unbounded by reality.
The government has NO business telling ANY business what they should pay ANY employee.
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. .
Automation. You won’t be dealing with a person at all.
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!
Number 9: the task is automated, eliminating the need for the worker, their “living wage”, their health insurance, unemployment insurance, and payroll taxes.
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
Shoot, I’m a well off white boy and I can’t afford KFC!!
No, 0bama really is that stupid.
Obama said...obama said...obama said...
What a dumb ass.
FUBO.
Clueless.
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