“Show Me Da Money!” *Open Thread*

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That is basically what Obama is demanding in yet another vote-buying scheme by this Administration. Yes, he is going around demanding that the Minimum Wage be raised to $10.10 an hour, and has already said he is going to make government contractors do this. You know, all by his own self with that phone and pen he has on him. But Obama wants it raised across the land.

There’s a little problem with that, though. Seems raising the wage to that much will have a negative effect on job creation, according to the CBO (Congressional Budget Office). Oops. The Hill has the story:

[…] The new report found that raising the minimum wage to $10.10 would result in 500,000 fewer jobs being created by 2016.

CBO looked at two options for raising the minimum wage, and did so without prompting from Congress.

The first is similar to the Senate Democratic approach, and would raise the minimum wage in three steps every year through 2016 until reaching the $10.10 level on July 1, 2016. This option also includes an increase to the minimum wage for tipped workers and indexes the wage increase to inflation.

CBO also looked at a second option in which the wage rises to $9 per hour over two years. Under this option, CBO did not index the wage hike to inflation.

Under this scenario, there would be 100,000 fewer jobs in 2016 than if the wage was not changed. Low-wage workers still employed would make $9 billion more and real income increases factoring in job losses would be $1 billion.

Under the $10.10 option, 900,000 fewer people would be living in poverty by 2016, while under the $9 option 300,000 people would rise out of poverty, CBO found.

The figures on poverty are important because Obama is making the minimum wage hike a key part of his message that government must do more to tackle income inequality. Democrats have rallied around the minimum wage hike, which polls well among Democrats, Republicans and Independent voters. […] (Click here to read the rest.)

Oopsy daisy. Yeah, that’s not great. Here is more on this story (and bonus coverage of Sec. Sebellius making her absurd claim about Obamacare and job loss):

Here’s the thing. As the CBO discovered (from The Hill), while this would indeed increase the salary for a number of people, and impact the deficit slightly, that deficit decrease would turn around to a deficit within a few years. Awesome.

But here’s the thing very few seem to be discussing from what I have seen: if you increase the unskilled workers’ pay by that amount, what are the workers who are already MAKING $10.10 from working up the ladder going to want? Are they not going to want THEIR pay increased if they have been working at the place of employment increasing their skills, hence their pay? Wouldn’t you? But that, too, would have an impact on the business providing the jobs, would it not? Yes, is the answer from this employer, and this is just considering the $9 option (discussed in the CBO review above):

[…] She echoes Olivio’s concern that the $1.75 hike would increase her entire pay scale.

“Why should they accept the minimum [at $9] when they have more experience?” Orzano says. “We will have to reduce hours, cut back seasonal hires and employees will have to work harder to maintain the operation.”

She says her business only makes between four and five cents in profit on every dollar it brings in, so raising the minimum wage and accounting for inflation is unfair. The move would likely lead to her cutting hours instead of raising prices.

[…]

“They are students or this is a second job,” she says. “I don’t know anywhere in the country where you can support a family on minimum wage.” (Click here to read the rest.)

Yeah, no kidding. That, along with working one’s way up, is the point the writer of the following letter from my local paper, thePost and Courier, made very well:

Minimum wage

When I was 12 years of age, I was busy trying to earn spending money. This included caddying, $1.50 for 18 holes, leading ponies around a 1/6-mile circle for $1.85 a day, and a morning newspaper route.

At the ripe old age of 16, I was able to acquire my working papers (I suppose that was a child protection law requirement) assuring prospective employers that it was safe to hire me.

I had the opportunity to be interviewed by two prosperous gentlemen who owned a small chain of stores.

One of the owners asked me how much I expected to get paid working in their warehouse.

I responded that I was worth a penny a minute and guaranteed I would work diligently for that amount.

After several minutes, the gentleman said, “Young man, I like the way you handle yourself. We are going to start you off at 75 cents an hour.”

I was elated.

About two weeks later, I found out that the minimum wage was 75 cents per hour. I worked there, and received raises until I graduated from high school several years later. I learned a lot.

Minimum wage is a way to make it until you pull yourself up by your bootstraps, become an achiever, and proud that you earned your measly pay on the way up.

It is not meant to be a career, just a starting point, a short rung on the ladder of life. Climb the ladder.

If you remain on the bottom rung, so be it. It’s your choice.

Exactly right, IMHO. It is not meant to be a lifetime choice for employment. It is the very bottom rung, from which one should be trying to work UP rather a career in and of itself. But that point is ignored in the Democrats’ attempt to, once again, buy votes prior to an election.

That is not hyperbole considering the White House freak out over this latest CBO report and their spin over the report.

“Duplicitous” would be the word I would use about their lying ways. How about you? And this is an Open Thread. Have at it!

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25 Responses to ““Show Me Da Money!” *Open Thread*”

  1. helenk3 Says:

    if you factor in the increased costs for an employer due to obamacare and then add a higher minimum wage, no point in hiring low skilled workers. it is not cost effective.

    • Katherine B. Says:

      That’s a very practical observation. I’m sure it would help if this administration actually had any real live business people who’ve actually run a business instead of the academics, politicians, and lifelong government workers who seem to surround the community organizer in chief. Obamacare + hike in the minimum wage = disaster.

      • Rabble Rouser Reverend Amy Says:

        Oh, Katherine – there you go using that logic thing again!!

        But yes – it is not cost effective all things considered.

        You hit a big issue, Katherine – most of the people making these decisions have not had to manage a real company, or haven’t worked in the private sector for so long,t hey haven’t the foggiest how things work. Moreover, as someone noted this morning on the news, if people acted in the private sector like they do in gov’t (think Kathleen Sebellius and the massive FAIL of Obamacare), they would be FIRED. They sure as hell wouldn’t at least keep their jobs or get promoted (Susan Rice, the 3 people involved in Fast and Furious).

  2. helenk3 Says:

    http://video.foxnews.com/v/3226828949001/fcc-considering-plans-to-place-govt-monitors-in-newsrooms/#sp=show-clips

    backtrack’s FCC wants to place people in news rooms. guess they want MSNBC to be pitch perfect in spewing the propaganda and make sure no true facts get reported

    • Rabble Rouser Reverend Amy Says:

      I saw something the other day abt them wanting to tell news organizations what pieces to run, which was bad enough. But to have GOVERNMENT MONITORS in the newsrooms?? That is so antithetical to everything for which we are supposed to stand.

      No wonder we are in the 40s now of countries for freedom of the press (as I wrote abt the other day)…

    • kenoshamarge Says:

      This is absolutely contrary to the 1st Amendment!

      Even liberal media types are apt to get a bit skittish about this. Just the thought that at some point in time a Republican Administration would have the power to march the FCC through their newsrooms may make them protest something that they haven’t the integrity to protest simply on it’s merits.

      • Rabble Rouser Reverend Amy Says:

        Yes, it is. Judge Napolitano went off on this idea this morning. He said it was absolutely an affront to the First Amendment.

        It is a shame that that is the only reason those folks would find it problematic, isn’t it? But I guess that is the best they can muster in their exceedingly partisan, personality-cult driven, world…

  3. cindyindie Says:

    Excellent post and assessment, Cuzin…..and LOVE the header! LOL

    What keeps going through my head is the chilling declaration/ promise Obama made in 2008:

    “We are going to fundamentally change America…..”

    That forecast is coming true and it’s horrifying to watch!
    Imagine encouraging people not to work.
    Imagine playing roulette with jobs.
    Imagine promoting lying about the workforce.
    Well, we don’t have to imagine. It’s happening!

    • Rabble Rouser Reverend Amy Says:

      Thanks, Cuz!

      You said it – it was a declaration in ways we didn’t quite expect. It is truly astonishing to see where Obama and the Democrats are taking this country…

  4. helenk3 Says:

    https://newsbusters.org/blogs/tom-blumer/2014/02/19/okeefe-catches-battleground-texas-illegally-using-info-newly-registered-#main-content

    James O’Keefe strikes again this time in Texas

  5. foxyladi14 Says:

    great post as usual Amy. 😀

  6. insanitybytes22 Says:

    The other part about hiking minimum wage is that the cost of goods always goes up. It’s just common sense, if you have to pay employees more, you have to raise your prices. That wage increase does nothing to help people if everything costs more.

    There is one little dirty secret, however. A minimum wage increase will put many people in a higher tax bracket, so they’ll owe the government more. Also, their “free” healthcare costs will increase. By the time the Gov is finished “helping” minimum wage workers, we’ll see if they have any check left at all.

    • Rabble Rouser Reverend Amy Says:

      That is exactly right on both counts, insanity. The costs of goods will necessarily have to go up, which is why all of the union protests at fast food restaurants demanding increased pay was so incredibly short-sighted. If they raise the pay for all of their workers, they HAVE to increase the costs of the goods they provide. They HAVE to do so, and this is, again, the problem when people are unclear on basic economic principles. Or, as Greg Gutfield just said, MATH.

      Absolutely, this can end up putting them in a higher tax bracket, and impact the cost of their healthcare. Excellent point!

  7. helenk3 Says:

    expect higher costs for milk and vegetables thanks to the drought in California.

  8. helenk3 Says:

    Truce in Kiev

  9. helenk3 Says:

    http://canadafreepress.com/index.php/article/61265

    being Free and Ignorant is impossible

  10. cindyindie Says:

    Cuz–here’s a little background/traveling music for the gestapo, I mean, FCC, when they visit newsrooms and monitor the “free” press. Enjoy! 🙂

  11. helenk3 Says:

    http://www.thegatewaypundit.com/2014/02/three-west-virginia-child-daycares-close-due-in-part-to-obamacare-costs/

    obamacare strikes again

  12. helenk3 Says:

    http://www.duhprogressive.com/index.php/site-map/419-thank-you-for-freeing-me-from-my-job-lock-president-obama

    Freedom is just another word for nothing left to lose

  13. helenk3 Says:

    http://weaselzippers.us/174968-subpar-anti-obama-street-art-covers-santa-monica/

    who ever thought this one up, it is a good one

    • Rabble Rouser Reverend Amy Says:

      That is FANTASTIC!!!! Thank you for that! 😀

      And I have to say, even though his approval in CA is higher than the national average, at 55.8%, it is lower than I expected fro CA…

  14. helenk3 Says:

    https://newsbusters.org/blogs/tom-blumer/2014/02/19/press-outlets-all-over-report-milk-price-increases-while-ignoring-larger#main-content

    EPA strikes again and the msm not talking about it

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