Reuters, EAGER to engage in the worship of BO, put this in their story and DID NOT CHALLENGE the story :
“The executive order the president will sign today will benefit hundreds of thousands of people,” the White House said in a statement.
“It will also improve the value that taxpayers are getting from the federal government’s investment. Studies show that boosting low wages will reduce turnover and absenteeism, while also boosting morale and improving the incentives for workers, leading to higher productivity overall.”
BAD move Obama.
America does NOT need higher wages.
However we need to be a whole lot more aggressive internationally, to bring back American jobs.
Jobs. Jobs. Jobs.
I’m waiting for the unions to renegotiate their wages keyed to this minimum. Obama is a tricky SOB. He’s perfectly capable of whipping up the parasites who, if they worked, would get minimum wage, while at the same time, making jobs harder for them to find and (his other objective) at the same time boosting the government paid wages of his union supporters.
If he raises the minimum wage for contract workers, then isn’t he increasing federal spending? And aren’t all spending increases supposed to originate in the House?
Those who insist on a minimum wage should be forced to reimburse businesses that are forced to apply them.
When the indonesian/kenyan usuper, der 0berFuhrer, emperor 0bama is removed, ALL ORDERS, LAWS, ACTS, etc. from his regime should be declared NULL and VOID, retroactive to noon Jan 20, 2009!
How many Federal Contract workers work for minimum wage now?
Can’t be that many - anyone know?
who gives a flip?
we need to concentrate attention
on —> Obamacare <—.
well it’s good they passed(well in the house) debt limit because government is going to need the money ,D’oh
...and all the government contract workers and unions who pay is linked to the lowest federal pay get a raise!
Obama is a POLITICIAN, and every politician realizes that promoting “a raise for America” is a sure winner at the polls.
Nobody has ever been turned out of office for supporting a hike in the minimum wage.
This has absolutely nothing to do with economics; it has everything to do with winning elections.
Someone is going to bid a contract using the DOL SCA approved rates that are below this $10.10 decree. They will lose the bid and will protest, taking the issue to court. I will be watching
Inflation to ensue.