protectionist
Diamond Member
- Oct 20, 2013
- 57,638
- 18,644
- 2,250
President Obama is requesting that the Congress raise the minimum wage to $10.10/hour. While this still is a low wage, it's a lot better than the current ludicrous $7.25/hour. There are a number of good reasons why this ought to be done.
1. The humanitarian aspect for the workers.
2. It raises disposable income, thereby increasing business sales$$$, and income, and thereby enabling businesses to hire more workers.
3. It is overwhelmingly supported by the American people (who also happen to be voters).
4. The often heard criticism that it will destroy jobs is shaky at best.
So here, Republicans have an opportunity to gain the favor of American voters just a few months before a midterm election. They also have an opportunity to get the biggest monkey off their back that they've had for 30 years, namely Reaganism. That is the mindset that acts in favor of the rich (low taxes, low spending, small govt, low minimum wage), at the expense of everyone else. This is a policy that has political failure written all over it.
Will the Republicans take the opportunity, and gain major advantage from it, or will they persist with their "destroy jobs" mantra, bolstered by a questionable report from Congress budget analysts ? The republicans mistakenly believe that dislike of Obamacare will propel them to victories in upcoming elections. I say that's a bad bet, and going against this MW increase is an even worse one. In essence, it narrows down to a big victory for Obama, which is partially why Obama is doing ir right at this time.
I say it is time for the Republican party to get back to its days of strength during the Eisenhower administration, and shuck away the Reaganist ideals once and for all (which were never meant for anything other than padding the pockets of Ronald Reagan himself and his highly paid movie star pals). The Senate is expected to debate a minimum wage bill next month that would increase the current $7.25 an hour federal minimum wage in three increments to $10.10 by 2016, with annual increases reflecting inflation after that. My guess is the Republicans will stick to their bewildering Reaganist positions, and hang themselves once again. In the process, all the good things they would have accomplished will go down the drain, but they'll get lots of thank you cards >> from the Muslim Brotherhood, the NAACP, the SEIU, HRC, La Raza, MALDEF, LULAC, and most of all, the Democratic Party.
1. The humanitarian aspect for the workers.
2. It raises disposable income, thereby increasing business sales$$$, and income, and thereby enabling businesses to hire more workers.
3. It is overwhelmingly supported by the American people (who also happen to be voters).
4. The often heard criticism that it will destroy jobs is shaky at best.
So here, Republicans have an opportunity to gain the favor of American voters just a few months before a midterm election. They also have an opportunity to get the biggest monkey off their back that they've had for 30 years, namely Reaganism. That is the mindset that acts in favor of the rich (low taxes, low spending, small govt, low minimum wage), at the expense of everyone else. This is a policy that has political failure written all over it.
Will the Republicans take the opportunity, and gain major advantage from it, or will they persist with their "destroy jobs" mantra, bolstered by a questionable report from Congress budget analysts ? The republicans mistakenly believe that dislike of Obamacare will propel them to victories in upcoming elections. I say that's a bad bet, and going against this MW increase is an even worse one. In essence, it narrows down to a big victory for Obama, which is partially why Obama is doing ir right at this time.
I say it is time for the Republican party to get back to its days of strength during the Eisenhower administration, and shuck away the Reaganist ideals once and for all (which were never meant for anything other than padding the pockets of Ronald Reagan himself and his highly paid movie star pals). The Senate is expected to debate a minimum wage bill next month that would increase the current $7.25 an hour federal minimum wage in three increments to $10.10 by 2016, with annual increases reflecting inflation after that. My guess is the Republicans will stick to their bewildering Reaganist positions, and hang themselves once again. In the process, all the good things they would have accomplished will go down the drain, but they'll get lots of thank you cards >> from the Muslim Brotherhood, the NAACP, the SEIU, HRC, La Raza, MALDEF, LULAC, and most of all, the Democratic Party.