Minimum wage report puts Democrats on defensive

Nonpartisan budget analysts say a boost of the minimum wage could cost a half-million jobs
Associated Press
Feb 20, 2014

A report by Congress' nonpartisan budget analysts seems to have thrown Democrats onto the defensive after it concluded that the party's drive to boost the federal minimum wage could cost a half-million jobs by 2016.

A Congressional Budget Office report released Tuesday concluded that a gradual increase to $10.10 hourly by that year — which is what President Barack Obama and congressional Democrats are seeking — would increase pay for more than 16.5 million people, mostly those earning low wages. It also would lift 900,000 people over the federal poverty threshold, the study said.

Democrats hailed those findings. But in a congressional election year in which the slow-recovering economy remains a paramount issue, Democrats from the White House to Capitol Hill contested another of the report's conclusions: that the increase would reduce jobs in 2016 by roughly 500,000, or 0.3 percent.

That figure was the midpoint of a range of job losses the budget office estimated at somewhere from negligible to 1 million eliminated positions. And it was an unpleasant number for Democrats, who plan to make their long-shot effort to raise the minimum wage this campaign year a centerpiece of their focus on correcting income inequity between haves and have-nots.

Jason Furman, chairman of the White House's Council of Economic Advisers, and council member Betsey Stevenson referred in a blog post to a statement by more than 600 economists who cited recent academic findings that "increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers, even during times of weakness in the labor market."

"There's some respectful disagreement on the emphasis and certainty around that magnitude of employment loss," Furman told reporters of the CBO estimates. He added, "Zero is a perfectly reasonable estimate of the impact of the minimum wage on employment" based on research by other economists.

Among those echoing Furman were Sen. Tom Harkin, D-Iowa, author of the minimum wage bill the Senate plans to debate next month. His measure would boost today's $7.25 standard in three steps to $10.10 by 2016, with annual increases reflecting inflation after that.

Citing "the newest economic research using the most sophisticated methodologies," Harkin said, "since the first minimum wage was enacted more than 75 years ago, opponents have argued that a wage floor would cause job loss. But this is a myth."

Republicans, who long have solidly opposed a minimum wage boost as a job killer, wasted no time in using the budget office report to buttress their case.

"Today's CBO report shows that raising the minimum wage could destroy as many as 1 million jobs, a devastating blow to the very people that need help most in this economy," Senate Minority Leader Mitch McConnell, R-Ky., said.

"With unemployment Americans' top concern, our focus should be creating — not destroying — jobs for those who need them most," said Brendan Buck, spokesman for House Speaker John Boehner, R-Ohio.

The study also examined the impact of boosting the minimum wage to just $9 hourly by 2016, similar to what Obama embraced a year ago, and leaving it at that level afterward. That lesser increase would have smaller effects — about 100,000 fewer jobs, higher wages for 7.6 million workers and 300,000 people lifted out of poverty.

Without any changes in the minimum wage, about 45 million Americans are expected to live below the poverty line in 2016. The budget office estimates that the poverty level that year would be $24,100 for a family of four, less for smaller families.

The report said an increase to $10.10 would add $31 billion to the earnings of low-wage workers.

But it noted that only 19 percent of that increase would go to families earning less than the poverty threshold, while 29 percent would go to families earning more than triple the poverty level. That is because many low-wage earners are not in low-wage families.

In addition, income would decrease by $17 billion for families earning at least six times the poverty level because that group would be affected most by lost business income and price increases.

The report said that besides boosting wages for people earning less than $10.10 hourly, a minimum wage boost to $10.10 would help some people making more than that amount as bosses adjust their pay scales upward.

A minimum wage boost can cost jobs because employers can compensate for their higher wage costs by raising prices. That can prompt consumers to purchase fewer goods and services and, in turn, encourage companies to hire fewer workers, the report said.

A minimum wage increase also encourages some businesses to trim the number of low-paid workers. But the study said the effect can be mixed.

It noted that some companies would react by getting higher productivity from their workers, and some would see savings because increased wages could reduce turnover. Other companies could benefit as increased overall spending on goods and services by low-wage workers boosts demand for their products.

Some workers' incomes would grow as their earnings increase, causing them to pay more taxes. But for others, income would fall — reducing their tax burden — and still others would begin collecting unemployment insurance.

As a result, the budget office said a higher minimum wage would have a negligible impact on federal budget deficits.

 

Comments

Fordman

Say goodbye to the middle class! This will give every lazy person out there an opportunity to make more money, and settle down on minimum wage instead of working hard for a better life, minimum wage wasn't meant to live on.

DGMutley

C'mon, you would never let a minimum wage employee just sit on his butt, would you?

Btw, some folks are stuck working minimum wage jobs for life--enter lifetime felony tags and no mandatory high school graduation.

pntbutterandjelly

Say hello to the middle class opportunities that a higher minimum wage could give those who ARE working 2 and 3 jobs to merely survive! The lower rungs of our former middle-class ladder have been severed by corporate greed and shoved off into the governments derriere to deal with through supplements or so-called "entitlements". The entitled are those at the top of the ladder looking down upon all the peons of their dominion. (Please try again Fordman.)
Ps: What wage do you propose to pay to those who don't have the ability or opportunity for "working hard for a better life"? Sell body parts or...sell their souls?

Dr. Information

Sounds like socialism to me. Everyone gets the same no matter their education, work ethic or knowledge.

pntbutterandjelly

The REAL socialism is giving the "high and mighty" the right to NOT pay a living wage and then...pass the problem off to the Federal Government to deal with and THEN..._itch about those who get a measly minimum wage to live on while they themselves tell their well-paid lobbyists to write some new regulations so they can further benefit from the working stiffs they have shoved down the toilet. (Did I mention how they also don't pay their fair share in taxes?)
Question A + B; How many BILLIONS in aide did the petroleum industry receive last year alone? And that shouldn't be construed as "socialism"?
I get socialism is only "socialism" when you aren't the one getting the money.

pntbutterandjelly

The REAL socialism is giving the "high and mighty" the right to NOT pay a living wage and then...pass the problem off to the Federal Government to deal with and THEN..._itch about those who get a measly minimum wage to live on while they themselves tell their well-paid lobbyists to write some new regulations so they can further benefit from the working stiffs they have shoved down the toilet. (Did I mention how they also don't pay their fair share in taxes?)
Question A + B; How many BILLIONS in aide did the petroleum industry receive last year alone? And that shouldn't be construed as "socialism"?
Socialism is only "socialism" when you aren't the one getting the money.

Contango

Smellin' panic.

The Dems will do ANYTHING in an attempt to take the focus off of the Obama☭are fiasco and maybe help to stem the Nov. political bloodbath.

"4 Reasons The GOP Has A Huge Advantage In The 2014 Election":

http://www.businessinsider.com#i...

Contango

Re: "It also would lift 900,000 people over the federal poverty threshold,"

How many would have to quit work because they'd lose their taxpayer supported subsidies?

Remember: The Dems helped to coin the term "job lock."

Gotta free 'em so they can pursue their passions!

Darwin's choice

Coasterfan probably has vapor lock......

Dr. Information

The title doesn't say it all, actually it could cost upwards of a million jobs. Just another pin in the anti American voodoo doll known as Obama.

jacksonbrowne

Only an idiot would think that a majority of companies would increase wages without making cuts elsewhere. If you have 30 employees and have to raise their wages probably 5-8 are gone to balance out the increase. Oh wait, Pres. Obama fits the idiot mold.

pntbutterandjelly

Oh PLEASE! If companies cut their work force...they would also be cutting their own production and consequently their own profits. Do you REALLY think they'll do that? Get a grip. (It's somewhat odd that the average worker, both low and middle wage, incomes have either stagnated or fallen behind NOT EVEN factoring in inflation while executives incomes have gone through the roof.)

jacksonbrowne

You are ignorant like the rest of the democrats. Do you really think there will be a production slow down at fast food restaurants? Grocery and clothing stores? Most manufacturing jobs pay more than minimum wage. The service industry is the leading minimum wage paying arena.

Peninsula Pundit

I should report you to the real Jackson Browne.
I'm sure he'd repudiate every comment that's dribbled down your leg.
You mean if there are less people the same amount of work will get done?
What a dip.

jacksonbrowne

Put your real name out there penises. Residual effects. Front line people will probably not see any changes. Supporting cast is where you will see the cut backs.

Dr. Information

Good point jacksonbrowne. Lets take my friends law care business for example. He employs mostly HS and college kids during the summer. He pays them $8.00 an hour without complaints. Now, if he has to pay them 10.10 an hour, he already said he would have to let one of them go permanently. While its only a 2 dollar an hour raise, he said it would cost his small company more than $6,000 more in wages for 5 people.

We aren't talking about a guy who makes 6 figures and has a cushioned job. We are talking about a guy who has less than 10 employees, makes probably 40-50K himself and has a lot of equipment to maintain, etc.

He said it would either be the decision to raise prices to offset the cost increase or do away with a full time summer position or possibly 2.

Contango

Simple economics:

70% of the cost of labor are wages, the remaining 30% are benefits (including the employer portion of SS & Medicare).

Push up the one, the other rises as well.

Wanna end unemployment tomorrow?

Eliminate the min. wage.

Wages would eventually settle out and revert to the mean.

deertracker

It's obvious you are either clueless or a big fat liar!

Contango

Re: "It's obvious (snip) "

Tsk, tsk. Personal accusations and name calling.

Care to explain, deerturd?

Peninsula Pundit

Tsk,tsk, indeed.
YOU'D never do that, huh?
Dr. No and jackson do it for you?

deertracker

It' a summer seasonal business and different rules apply to seasonal employers. He probably pays cash under the table and it's very doubtful he claims his income because it is a cash business. You guys get on here every morning and complain just to complain. Yes, jobs will be lost but productivity will increase and the employer will not lose a dime. If the working poor has more money they will spend it thus helping the economy grow. Especially highschool kids. You guys are only concerned about yourselves, not America, not the economy, or anyone else's well being. Your idiocy is very transparent and it's very obvious that you have no answers. NONE!

Contango

Re: "productivity will increase,"

Then why not increase the min. wage to $50/hr. and watch "productivity" go through the roof?

On an economic basis, do you even know what the term "productivity" means?

Continue not to think, but just keep listening to your puppet masters. They know ALL.

BabyMomma

Stop cupping your farts and smelling them, it's getting to your head. You drive a Hybrid Don't you? You should move to San Francisco.

deertracker

@ Babymomma
Your family called. They found your brain in a creek next to your home! Run along!

Peninsula Pundit

Remember what you told me the other day,tracker. Don't over-value.
In that vein, isn't amazing how all these people are very certain what will kill jobs, but their ideas to create jobs, judging from the proposals put forth thus far, is to change nothing.
We all know what the definition of insanity is.
I would suggest they are insane.
Referring to them as idiots casts aspersions on the mentally challenged.
Good Day.

deertracker

You are right, my apologies to the mentally challenged.

Dr. Information

What different rules apply? He doesn't pay them under the table, he runs a business and has to pay workmen's comp, taxes..etc.

Doesn't claim his income? How many people run a lawn business that send out statements via the mail to their customers and get cash sent to them via the mail? Didn't you learn in grade school, you never send cash in the mail. I just text him out of curiousity. He says the last time he received cash was when he first started out, 20 years ago followed by an lol. 95% checks, the other 5% bank checks from people paying their bills online. So anymore words of wisdom chief?

pntbutterandjelly

He too will not settle for loss of production. He like others will merely pass the increase on to his clients. That then adds some additional stimulus to the economy in many POSITIVE forms RATHER than a downward spiral of deflation and L O W E R yet wages. Sooner or later that downward spiral leaves the working class with Z E R O. Right, exactly, where the corporate-mongers want it. Hence, Economic Slavery. (Now...don't ya' just love Trickle Down Economics?)

Peninsula Pundit

I wonder when the Register is going to get the 'Thumbs Up' system?
+1 on all your posts here.

pntbutterandjelly

>>Dr. Information<< Since when do attorneys need a "law care business"?

From the Grave

If we would do away with the EPA and OSHA, we could get back to making some money in this country.

pntbutterandjelly

Oh yeah. If we did away will all regulatory requirements we would all be zillionaires with missing limbs, zero wildlife infringment and irradiated swimming pools filled with gold! Oh I can see the good life now!(idiot)

SamAdams

There's another factor not mentioned here. Raising the minimum wage also means price increases. You can pretend all day long to "lift people out of poverty," but when their buying power doesn't change appreciably, the reality is that it makes no difference in their status.

This is really typical of the Obama administration, but it's also been used by others. They calculate the effects of a future raise based on today's dollars which is inaccurate at best.

Minimum wage increases are a lot like Communism. There are people who think those things SOUND good, but history has proved -- without exception -- that things just don't work that way in the real world.

Contango

Re: "price increases,"

See: Price-wage spiral.

http://en.wikipedia.org/wiki/Pri...

SamAdams

* BOOM! *

Peninsula Pundit

Obama,Obama,Obama.
I've never seen one person have so much unilateral power ascribed to him by his opponents like they do for this president.
It's really a backhanded compliment.
They are mad at him for not fixing everything, everywhere, all the time.
If he tries to move forward, they say we should stop.
If he wants to proceed cautiously, they're mad because we aren't moving forward.

If it keeps up like this, they'll be complaining they haven't seen him leap a building in a single bound yet.

SamAdams

I don't expect Obama -- or any other president -- to fix things. I expect him to stop making things WORSE!

Peninsula Pundit

Maybe you shouldn't have crossed over in the Dem primary to vote against Hilary!

Dr. Information

Its not America's fault Obama promised everyone the world and fell flat on his face.

deertracker

IF you worked wouldn't you expect at least a wage that can cover the rent? Give me a break on the communism talk. You sound ridiculous as usual.

Peninsula Pundit

There you go, waaaay overvaluing again, tracker.
Honestly, do you expect anything else?
That's sort of crazy,too.
This is a 'comment' board.
Most definitely not a 'give and take of ideas in a reasoned discussion' board.

deertracker

My bad. Some habits are hard to break.

Peninsula Pundit

I understand.

grumpy

Re: "IF you worked wouldn't you expect at least a wage that can cover the rent?"

Depends. Is it a skilled trades? Is it a job mowing lawns? a doctor? a steel worker? A part time dish washer? a full time car salesman? a part time farm worker?

Some of those should be able to pay rent with their earnings, some shouldn't. An entry level, part time job doesn't meet that level, most entry level full time jobs probably should not either. Depends are more than the name of your undies.

SamAdams

No. Expecting my wage to cover the rent has a VARIETY of factors, including the number of hours worked and the skill level needed to perform those hours of work. I don't think somebody who power washes the garage floors should be paid the same as the man who fixes the transmission. Do YOU?

deertracker

No it doesn't have a VARIETY of factors. Regardless of what job you do a fair wage is necessitated. The garage floor is usually cleaned by the same guy that fixes the transmission. Try again!

SamAdams

Fine. The hotel maid shouldn't be paid as much as the guy that rebuilds my transmission, who shouldn't be paid as much as the surgeon who took care of my medical problems. While PEOPLE might have equal value, the jobs they do DON'T.

A "fair wage" is subjective. It's also far from "necessitated." Don't make enough to pay the rent? Get more skills or get a roommate. That's what most of us did when we were starting out! In the spirit of TRUE fairness, people should be paid what they're worth (which is typically what the market will bear).

deertracker

So you value your transmission far more than having a nice clean bed to sleep in? Pay a fair wage and one won't need a roommate. Someone is still needed to do those jobs you think people should work for very little money. The maid is just as important to the hotel owner as the mechanic is to the repair shop owner. BTW, there's lots of jobs that pay far more than what our President earns.

Peninsula Pundit

In this analogy, where does the person who teaches the next generation of Americans fit in?
That answer will say a lot about a person's priorities.

thinkagain's picture
thinkagain

Value added for value received.

Contango

Re: "fair wage,"

Typical fuzzy progressive term. What does it mean?

Answer my question:

So raising the min. wage will cause workers to increase output (productivity)?

Aren't you asking them to be paid more for the same amount of work?

How does increasing wages increase productivity?

And if it does, why not increase the min. wage to $20,50,100/Hr.?

deertracker

No pooh, the goal is to be able to pay the rent. If the workers are not productive they need to be replaced. If you increase a worker's wage you can increase the worker's responsibilities thus increasing productivity. If you can run the shift with less workers and still meet your production goals or achieve the required cost percentages you have managed your business well. Increasing the wages to 50 dollars per hour is not practical or sustainable for most businesses so please stop with your dumb questions!

Contango

Re: "the goal is to be able to pay the rent."

How much is that deerturd?

Nice fuzzy concepts without facts or figures.

Give them more "responsibilities" for higher wages? Where's the gain?

Since your an "expert, when are you starting your business, and paying top wages and benefits?

No $50/Hr.? According to you, don’t higher wages lead to more productivity?

deertracker

^^^^^^^^^^^^^^^ that's why you are clueless!^^^^^^^^^^^^^^^^^^^^

Contango

Re: "clueless,"

Because you post nonsense?

If a gal. of gas goes from $3.00 to $5.00, do you tend to buy more or less?

Raising the cost of labor is the same.

Peninsula Pundit

Not because he posts nonsense, but you keep blah blahing about a 50 dollar min wage which no one has rose to support, although you've posted basically the same thing at least 10 times.
You remind me of the House that keeps voting to repeal the ACA.
They are as clueless as yourself.

Contango

Re: "Not because he posts nonsense,"

Good to see that you agree that he posts nonsense. :)

Better RE-READ the above article and attempt to comprehend it.

Contango

Re: "Give me a break on the communism talk."

True. Marx valued work. If ya didn't work, ya didn't eat.

Progressives ignorantly seek the "Land of Cockayne," where nobody works and everything is free.

The Big Dog's back

Let me think. We have been increasing productivity for how many years now and who has benefited? Oh yeah, the top 1%.

Contango

Re: "We (snip)"

"We"?

Haven't you marched into your boss's office and asked him for top wages since you're so productive?

pntbutterandjelly

Big Dog; Isn't it rather "odd" (read: disheartening) to see how so many people miss (intentionally or otherwise) what is really going on around us? The top 1% incomes have outstripped the average American's income and yet...people here on this post still "don't get it". The "income disparity" is directly (and obviously) tied to the amount of control that is available. And still...there are those who are against the very things that will help those (themselves included) who are not within the circle of the 1%er's. It IS amazing.

pntbutterandjelly

Okay then Sam>>>>let's cut their (and your) wages and see how well that works out. Are you ready to make your contribution to this theory?

Contango

Re: "let's cut their (and your) wages and see how well that works out."

Do you feel underpaid for your work?

Justme...

QUESTION FOR DEERTRACKER: What size household should a single minimum wage earner be able to support? You say they at least ought to be able to pay their rent. That's pretty vague. Personally, I'm in favor of ending this fight by establishing a fair minimum wage, then tying it to inflation so we can quit wasting time and money debating it. What should it be? How many people should it support?

deertracker

2! If there's a two parent household and both work, I say at least 4!

Justme...

OK, the federal government says a 2 person household that earns more than $15,730 per year is above the poverty line. So if one person in that household earns $7.56 an hour, and works 40 hours per week, they are above the poverty line. Folks, you heard it here first: Deertracker thinks the minimum wage should be $7.56 an hour.

deertracker

You forgot to deduct taxes there sport! Recalculate!

Justme...

Well Sport, some organization deduct taxes when using poverty level guidelines, and some do not. But, to give you the benefit of the doubt, that same person would have to earn $17,308 to pay their taxes. Therefore minimum wage should be $8.32 an hour according to deertracker. A little higher than it is, but much lower than what the administration is trying for. So let's settle on, say $8.32 an hour, tie it to inflation, and quit fighting about it every 5 years. The problem is, democrats don't know what it should be, they just think it should always be more than what it currently is.

Dr. Information

deer forgets that at that level, come April they would get nearly all the taxes they paid in back in one check. Time for that new TV.

deertracker

....and the cons want to pay with a loaf of bread and gallon of milk.

deertracker

You lose justme!

Justme...

Because you say so? Don't think so. I followed your logic and determined a minimum wage - rather than pulling a number out my @$$. I am agreeing with you: The democrats' goal is pull people out of poverty, and a person who is the head of a single income household of two should make an amount such that they are above the poverty rate. Therefore...$8.32 an hour. Deertracker and I agree on something! ;>)

deertracker

Yes because I say so! LOSER!

Dr. Information

typical response from deer when proven wrong.

jacksonbrowne

Well sport they will be getting all of their taxes back plus some when they file their tax return. Guess that blew your theory.

anthras

Re: You forgot to deduct taxes there sport! Recalculate!

Most persons in that wage class do not pay any federal income taxes however if the head of a household they do receive earned income tax credits.

KURTje

What is the pay & medical afforded to the migrant farm labour used in Ohio? Anyone have facts? (The taxed citizen pays here)

grumpy

If you're interested search. Quit being lazy and wanting others do for you. Walk your own path and take responsibility.

KURTje

Thanks for my government $$ grump. Never lazy though fired my propane supplier.

Contango

Re: "Thanks for my government $$"

And what are you currently doing to deserve it?

Burning wood? Don't care about global warming eh?

grumpy

Re: "Never lazy though fired my propane supplier."

What does one have to do with the other? And yes you are lazy if you expect others to look up stats for you. Lazy or don't know how to search.

Really are you ...

A lot of the hardest workers are the people just starting at a place of employment. These people are subject to the 89 and out, poor policy, or companies leaving to make more money somewhere else. Respect and pride have left. America has turned more towards a degree oriented society. If everyone had an associates of applied science degree, who would fill the general laborer positions. Blinders, easy way out. Open your eyes bring back decent wage jobs.

SmartCapitalist

How about this... we leave the minimum wage alone and reform the US government. Get us out of the perpetual blank check government programs give more money back to the people and get back on track. Then you will get a real pay raise!

The Big Dog's back

Go back and sit in the corner.

Contango

Re: "Go back (snip)"

Time for you to be let outside to 'do your business.'

deertracker

@BD
LOL!!!!!!!!!!!!!!!!!!!

SmartCapitalist

Little dog yelp... you should go back to the porch and let the real big dogs handle this one.
Don't get me wrong I would love to see wages rise in the U.S. but it should be through proving to your employer that you are worth more. It takes hard work and a little self confidence to approach your employer but if you truly feel you are worth more than what you are being paid it's a risk you have to take.
By the way I actually know what I'm talking about, I'm a middle class business owner who employs people in manufacturing sector. So unless you your self create wealth for others (i.e. a business owner) you really have no clue. My company DEFINITELY pays well above the minimum wage but I've got some employees that I'd love to give a pay raise to because they work hard others I'd love to bump down to minimum wage because they are worthless but when you exist in a union environment you can't reward people for their personal accomplishments like you can in non-union places. So what else do you have for me...

jacksonbrowne

Great read today from Walter E. Williams, Economics Professor at George Mason University. This read fits right into this article:

"No one can blame a person if he starts out in life poor, because how one starts out is not his fault. If he stays poor, he is to blame because it is his fault. Avoiding long-term poverty is not rocket science. First, graduate from high school. Second, get married before you have children, and stay married. Third, work at any kind of job, even one that starts out paying the minimum wage. And finally, avoid engaging in criminal behavior. It turns out that a married couple, each earning the minimum wage, would earn an annual combined income of $30,000. The Census Bureau poverty line for a family of two is $15,500, and for a family of four, it’s $23,000. By the way, no adult who starts out earning the minimum wage does so for very long."

http://econfaculty.gmu.edu/wew/a...

There are several other good points in this article as well so take a couple of minutes and read it. Makes one say hmmmmmm.

The Big Dog's back

jacka$$brown, LPT (Long Term Poverty). The new term Cons like to use. Replaces the welfare queen term of Raygun.

jacksonbrowne

Pretty simple dogdoo and I know that you and deerpoop won't understand this theory. A person controls their own destiny. I don't control yours and you don't control mine. If you want something bad enough you will work to achieve it.

Donegan

Dog, Your a liberal and a life long democrat probably been voting for them for all your life. Why are you still a obnoxious beggar wanting other peoples things? The democrats have been a party for almost 200 years now you would think they would have solved the problem by now. Oh yeah they were too busy enslaving people first by chains and now by debt. The have the right to pursue success, Not the right to take other people stuff.

pntbutterandjelly

Ummm...like the corporations who took our jobs to the Southern states then to Mexico and finally overseas? Is that the same people you are referring to or doesn't that count as "taking other people's stuff" but only as Rape and Plunder which is, seemingly, "legal". ???? Or are you referring to the bankers who held our federal government at gun point to bail themselves out of financial crisis they alone created? Is that who you are referring to? Or are they the liars, cheats and thieves on Wall Street who KNOWNINGLY stole trillions from everyday people, municipalities and other countries for their own profit and then single-handedly caused the second greatest economic calamity our country has ever faced? Is that who you are referring to? ??? I am SURE you are NOT referring to all the little people who have supported our country by going to work every day and who are also our military personnel. Are you? I didn't think so.
Thank you as you had me worried there for a second.

jacksonbrowne

Peenut I would LOVE to stop at your business and support you and all of your employees. Tell us all again what business YOU own. You know, the one where you pay all of your employees at least $10+ per hour.

pntbutterandjelly

@Jacksonbrowne: (F.Y.I.) I and my spouse do own 4 small, independent and successful businesses. And...no employees are required. Now...anything more to say? What business do own? How do you constructively contribute to society?

Donegan

PB&J Look who owns those corporations and who is rich, The answer may surprise you. The democrats pander to the poor and workers for votes with a promise of a better day. "Income equality" Has exploded in the last 5 years and Dog and his ilk still claim they are for the workers and poor. The truth is they are for themselves and would love nothing more than to destroy the middle class because they have enough money to make rational decisions without believing in a lifeline that only leads to friends and campaign donors getting rich. Look at those bankers you speak so badly of, Guess who they supported in 2008? Not the Republicans who are for the rich. No they bought the democrats and look at what they got in return. A billion times richer off your dime while your 401k's and penny stocks become worthless. Those little people as you put it who support these maniacs while they see either the same policies or worse ones being pushed through are just as much to blame as those who are actually committing them. After almost 200 years you would think people would learn. There is no such thing as a free lunch, ALL politicians lie and the majority is almost always wrong because the majority is mostly self enamored wantitalls that have no idea about how the world works.
Oh look another 75 billion just went to wall street.

Contango

Re: "Ummm...like the corporations who took our jobs to the Southern states then to Mexico and finally overseas?"

Locals which tend to have the most favorable tax rates and regs.

Capital flows to where it will best be rewarded.

Do you choose investments that will produce low returns?

Again: Who owns the corps.?

jacksonbrowne

Yet you, peenut, and your ilk are in favor of letting more of the illegals come to this country. Then, making them full blown citizens at which time they WILL work for less than their American counterpart thereby stealing jobs legally. Is that what you are referring to?

Steve P

deerdong clearly doesn't WORK, spends his days on the blogs and piddle last experience with government work didn't end so well.

deertracker

Does the P stand for pervert?

Steve P

No, P stands for productive, does deertracker stand for lazy, not working and sucking off the taxpayers?

jacksonbrowne

Why yes it does Steve! lol

KURTje

Haters are out. Figgered since so many here are from The Prometheus Society there would be more valid answers. You 2 geniuses have M any other time. Geeez......

Contango

Re: "Haters are out."

You become what you hate; careful kurt.

KURTje

Better inform yourself on the definition pooh.

Contango

Re: "Better (snip)"

Again: Look in the mirror kk.

Mr. "Govt. Check" Innocent huh? Laughable.

Dr. Information

Funny watching the liberals squirm, word twist and deflect with all this horrible news coming out.

I just sit back and say "told ya so".

OSUBuckeye59

31 of our 50 states already have a minimum wage higher than the federal minimum wage of $7.25/hr. Not necessarily that much higher, but higher still. And btw, I found it interesting how Minnesota is the only state to have a minimum wage, with qualifiers, of $6.15/hour...*LESS* than $7.25/hour. http://jobsearch.about.com/od/mi.... The qualifiers to Minnesota's minimum wage are it can only apply to businesses grossing less than $500k and not engaging in interstate commerce.

In terms of a minimum wage, I propose it's the wrong argument. I think the argument should be at least about a Living wage, namely what's generally defined as the amount required to raise a family on a single wage-earner's salary. But even talking about what should be a Living wage dollar figure is difficult because it would vary at least by State, if not by area or even city. Using Minnesota as an example since their state minimum wage is less than the federal minimum wage, it appears those in Minnesota Government evidently believe those few residents of that State making less than the federal minimum hourly wage are somehow able to do so because Minnesota in general evidently has a lower overall cost of living (shelter, food, etc.).

But sticking to the minimum wage discussion, those in favor of increasing the minimum wage argue that such an increase lifts people out of poverty, helps low-income families make ends meet and narrows the gap between the rich and poor, a gap that as of last April has increased 1000% since the 1950's: http://www.huffingtonpost.com/20.... Considering this gap, is it any wonder CEO's are the majority group arguing against an increase in the minimum wage? But the idea of a min wage increase also has a strong populist appeal, particularly in a nation where discussions about social class, when they are held at all, are nearly always framed in terms of the rich versus the poor. Of course there are those opposed to a min wage increase, aligning with arguments in the AP story how an increase would hurt small businesses, squeeze profit margins, lead to inflation, encourage employers to downsize their staff and increase the cost of goods to the end consumer.

In addition to what I've written above, I truly believe the most important thing to remember is this: even if the min wage is increased, anyone working in a min wage position needs to use it as a stepping stone while he/she in parallel is working on a plan to earn greater income through one of several avenues such as obtaining a degree that will lead to a greater income career or working as a trade apprentice or starting a new business. The belief of those in minimum wage positions that they should be able to live for any sustained length of time working in a min wage position is, IMHO, a fallacy.

The Hero Zone's picture
The Hero Zone

Thank you. Comments like this make me wish there was some kind of "fan" button.

Dr. Information

Don't worry. Obama is about to cut Medicare as well.
WASHINGTON – The Obama administration announced Friday cuts were on the table next year for Medicare Advantage, giving new ammunition to critics of the president’s health care law and disappointing some Democrats.

KURTje

It is called service pooh. So you are a taker. btw, 40mill. ready to help Agri-business because of the drought. Pay up & give up your SSI.

Contango

Re: "It is called service (snip),"

You still on active duty or just taking a taxpayer check for playing with yourself kk?

KURTje

Bob Carelton still your hero pooh?

Contango

Re: "Bob Carelton (snip)"

lol

You're flailing.

So why are you a hypocrite and get a taxpayer funded check kk?

Dr. Information

When you serve, no matter the cause, you do not brag about it. kurt served for his own self serving needs. That is pretty apparent after reading over and over again how he served and has no problem using that against anyone making a valid point.

KURTje

You two must be lacking. So neither one of you did anything for your area or country. Yet you think subsidized crooks like Stackhouse & Yost are great. Pathetic. Maybe you two can go to a Ted Nugent concert.

Contango

Re: "You two (snip)"

lol. Still flailing.

Answer the question: So why are you taking taxpayer money for doin' nothing, kk?

Dr. Information

Kurt. I do not know any Stackhouse, except J Stackhouse as in the NBA player. Yost? The guy in the paper? Why must you assume and finger point when you simply cannot directly answer questions.

KURTje

(Yawn) Repeat to pooh but you've always taken things out of context and perverted truth. Dr. we spoken before on matters regarding Willard. The end.

Contango

Re: (Yawn)(snip),"

And you make up lies and nonsense.

Again: Why do you get taxpayer money for nothing?

"Truth"? lol

Why are you afraid to answer the question, kookie?

huronguy

we are waiting for response here!!!!!

KURTje

Old man (pooh)who did nothing, feel free to contact Matt Westerhold about what my family does/did. Maybe you'd believe him though it is doubtful. Besides you cried about my city council meeting attendance. So glad you moved away.