Friday, January 18, 2019

Dems' $15 Minimum Wage = Two Million Lost Jobs

Via Billy

 

Congressional Democrats roll out a legislative proposal to raise the minimum wage by more than 100%.

Congressional Democrats rolled out their latest vote-fishing and yet economy-crippling legislative proposal Wednesday — a nationwide minimum wage of $15 an hour to be fully implemented by 2024. With the announcement, Speaker Nancy Pelosi opined, “A $15 federal minimum wage affirms the bedrock idea of fairness in our country: that hard work deserves a decent wage.”

Rep. Bobby Scott (D-VA) declared, “When we put money in the pockets of American workers, they spend that money in their communities. So this bill will stimulate the economy on main street.” Scott failed to elaborate on who the “we” is that he’s referring to, but it’s a good bet he wasn’t talking about business owners who pay wages. Instead, he was no doubt referencing himself and Democrats, given the party’s long history of believing that the government, not private citizens working in a free-market economy, is responsible for producing wealth.

2 comments:

  1. The government should have zero authority over wages, working conditions, retirement, contracts, or any manner of legitimate commerce. It should act as referee not as judge.

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    Replies
    1. It should act as referee not as judge.

      Well said.

      Delete