Charles Krauthammer Points Out the Hipocrisy & Lies of Obama/Democrats Increasing Minimum Wage … Obama’s Minimum Wage Plan Would Hurt Poor
Democrats and their hypocrisy with the CBO numbers and the very people that they claim to help.
Fox News contributor and syndicated columnist, Charles Krauthammer, appeard on the ‘Kelly File’ and shredded Barack Obama’s and Democrats claims that a raise in the minimum wage will help the poor. Krauthammer stated that this Democrat plan to increase the minimum wage to $10.10 to help the poor would hurt the very people that Obama supposedly intended to help. Krauthammer and Kelly both showed Obama’s and Democrat hypocrisy when it comes to dismissing the CBO’s evaluation of the minimum wage plan because it goes against their agenda.
However, Charles Krauthammer’s most important point and damning statement which is causing Dems to cringe was as follows: “Democrats like to redistribute income, and they pretend it’s always from the rich to the poor. What the CBO has shown, absolutely clearly, is that when you raise the minimum wage, you’re redistributing income from one set of low income people to another set of low income people.”
Krauthammer continued by saying that the math contradicts the Obama administration’s claim that it wants to help poorer Americans.
“We know that Dems like to redistribute income, and they pretend it’s always from the rich to the poor,” he said. “What the CBO has shown, absolutely clearly, is that when you raise the minimum wage, you’re redistributing income from one set of low income people to another set of low income people.”
And the damage will fall on those who are most economically vulnerable, Krauthammer said.
“There are going to be about half a million people who go from $7 an hour to zero,” he said. “They’re going to be destitute.”
Krauthammer finished by saying that raising the minimum wage would, in fact, have the reverse effect of its intention.
“The irony is, that the winners get a marginal advantage, but for the losers, it’s devastation,” he said. “This administration is robbing the people it says it really wants to help.”