said the boy not smart enough to understand the business model of a lemonade stand...
Posted on 03/08/2014 10:04:41 AM PST by Olog-hai
President Barack Obama says he’s hearing from business owners across the country who are voluntarily paying their workers more than the federal minimum wage of $7.25 an hour.
In his weekly radio and Internet address, Obama says those actions show that change comes to Washington, not from it. …
(Excerpt) Read more at hosted.ap.org ...
said the boy not smart enough to understand the business model of a lemonade stand...
OK I’ll bite. If some businesses are already doing it (duh!) then why the need for a Federal action?
It also shows an appalling lack of economic knowledge. We can only “give America a raise” by increasing productivity. A best, increasing the minimum wage simply shifts income from one set of individuals to another, on average there is no increase. More likely, useful work will not be done at all and the net income of the national will decrease. Raising the minimum would certainly make the country poorer.
Why should anyone take Mr. Obama and his supporters seriously about anything?
Yes, but it buys Democrat votes and power -- and that's all he and his Marxist cohort care about.
Actually it is long past time we gave AMERICA a PAY CUT!
America: Obama, it’s time to give America a break. Resign.
Where the F does he think this money is coming from? He sounds like some ditzy, big-spending girlfriend from Hell. Gimme gimme gimme. Let’s get this, let’s get that. Buying something at the mall every day. Then when you say the bank account is running dry and we can’t afford any more spending, she just looks at you with a strange look on her face, or starts screaming about what a tightwad you are.
No Obama it is not time to give America a raise.
It is time to BRING BACK AMERICAN JOBS.
You are doing exactly the wrong thing. Maroon.
Maybe business owners “volunteer” to pay employees more than the federal minimum wage because they are worth more than the minimum wage to those businesses.
What a lying sack of Obama...
He means raise the price of everything so he can seal the deal on destroying our economy.
How come even our most conservative leaders aren't bringing this up? It's the perfect selling point to end the invasion of the US.
Give America a raise...cut taxes you dumba$$!
“President Barack Obama says he’s hearing from business owners across the country who are voluntarily paying their workers more than the federal minimum wage of $7.25 an hour.”
So?
I’m sure some also have casual Friday and Funny Hat Tuesdays.
The point is that they are “voluntarily”, which means go find something more important to do (like the whole Russia thing) other then being a concern troll.
> I expect a Maximum Annual Profit Act to come out of the Senate any time now.
Won’t happen because they want to us at highest possible tax rate possible. Those vacation trips, golf clubs, and golf games are expensive....
This will remove less qualified workers from the work force and will prevent entry of such workers into the work force as they will not be worth $10/hour to their employer. And who are those least qualified workers? Obama’s homies. So this will hurt blacks most. But then again, the whole minimum wage thing was directed at eliminating blacks from the workforce.
One of the greatest coups of the progressives was turning profit into a dirty word.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.