Posted on 02/18/2014 12:56:18 PM PST by The Old Hoosier
The non-partisan Congressional Budget Office has just released an estimate that an increase of the minimum wage to $10.10 per hour could result in the loss of up to 1 million jobs...
(Excerpt) Read more at conservativeintel.com ...
think the LIV has any idea what the CBO is?
The CBO should have also noted that, with the exception of the federal entities indicated in the Constitution’s Clauses 16 & 17 of Section 8 of Article I, entites under the exclusive legislative control of Congress, that the states have never delgated to Congress, via the Constitution, the specific power to regulate a national minimum wage. It’s up to the individual states to decide their own minimum wages, Congress wrongly exploiting the misconception of a national minimum wage to win votes from low-information voters for many decades.
On the other hand, if the Article V supermajority of states thinks that a national mimimum wage is a good idea, then they can always amend the Constitution to delegate to Congress the specific power to regulate a national mimimum wage.
I think you misunderstood me. I’m not compartmentalizing, the Dems will, whenever and however it suits them. They will praise their new favorite “Republican” when he goes along with them on amnestry (regardless of motive, because principles are irrelevant to them), only to declare him an enemy of the people the next day, when he comes out against a minimum wage hike.
For the record, I am a legal immigrant, paid the fees, jumped the hoops, stood in the lines to have the priviledge of being in this country. I oppose any politician, regardless of party affiliation, who supports amnesty. Rewarding criminal behavior will only encourage more of such behavior, and it is a slap in the face to legal immigrants who respect the laws of this nation.
Furthermore, I not only oppose an increase in the minimum wage, but I oppose the existence of a minimum wage as a whole. Wages should be determined by economic principles, not some bureaucrat.
I’m talking about Obama’s minions. The CBO has been giving him some grief lately. Time for them to feel his wrath!
CBO estimate?
What GAO Found
The 26 major federal agencies that were required to participate in the PortfolioStat initiative fully addressed four of seven key requirements established by the Office of Management and Budget (OMB). However, only 1 of the 26 agencies addressed all the requirements. For example, agencies did not develop action plans that addressed all elements, such as criteria for identifying wasteful, low-value or duplicative information technology (IT) investments, or migrate two commodity IT areas—such as enterprise IT systems and IT infrastructure—to a shared service by the end of 2012.
http://www.gao.gov/products/GAO-14-65
Heads should roll in the list of agencies at the link and/or the agency should be shut down.
UNaccountable bureaucrats (socialists) ALERT
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