Sen. Kennedy Ignores Economic Reality of Minimum Wage Increases, Says Employment Policies Institute

Acquire Media Corp | 10-18-2005 | Employment Policies Institute

[lilylangtree]

Very interesting.

[Brilliant]

I wouldn't say he ignores economic realities. He just doesn't care.

[DakotaGator]

The concept of "minimum wage" is stupid. More to the point, it is unconsitutional!

[grobdriver]

$7.25 is far too low.
The Honorable Senator should go for $25.00 per hour, at least.
Now that's a living wage!

[xrp]

I support Dennis Miller's [sarcastic] view on this. Make minimum wage $200,000/year.

[grobdriver]

For that, I'll change jobs!

[NRA2BFree]

Having owned several businesses, I can tell you that his legislation will put a lot of people out of work. When there is a mandated wage increase it only causes other things to go up. Like rent, groceries, etc. Small businesses are the backbone of America. Something that Kennedy knows NOTHING about. I wish that fat POS would die of a heart attack. We'd all be better off.

[oolatec]

Link? :)

[ncountylee]

Kennedy only has 3 or 4 issues and just keeps getting more shrill (and irritating) repeating the same tired mantra endlessly.

[lilylangtree]

Don't have a link. Just pulled the press release from the news service my office subscribes to.

[Ouderkirk]

The bottom line on all of the minimum wage nonsense is that it is a tax increase.

How's that you ask. Well, the teenagers who live with mom & dad will be paying more in taxes if they earn more money. Thus more money to the treasury via bracket creep.

[CBart95]

Why dignify this man's existence with any kind of acknowledgement?

[Ouderkirk]

Forgot to add that is the cost of burgers and such increases due to the higher costs the greater the sales tax revenue is also

[LIConFem]

"Sen. Kennedy Ignores Economic Reality of Minimum Wage Increases, ..."

[Last Dakotan]

What if your economic output does not have a value of $7.25 per hour?

[Savage Beast]

If Teddy Kennedy had not had rich parents, he would be a bar tender or a used car salesman. The judgment of anyone who gives him serious attention is unreliable.

[KarlInOhio]

If Teddy Kennedy had not had rich parents, he would be a bar tender

Could you imagine a bar owner saying "Ted, I'm going home for a while. You're in charge of the bar. Keep an eye on the liquor"?

[Flash Bazbeaux]

When in 1962 Edward Moore Kennedy ran for his brother’s seat in the Senate, his opponent famously said that if Kennedy’s name had been Edward Moore, his candidacy would have been a joke.

[angkor]

What if your economic output does not have a value of $7.25 per hour?

Then you and Teddy can become drinking buddies. He's buying.

[CSM]

Can't you figure it out? Results are meaningless, it is the good intention that means everything.