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.”
Click here to watch video via FOX News
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.”
Imagine That … CBO Says Raising the Minimum Wage will Cost From 500,000 to 1,000,000 Jobs
What a shocker, President Barack Obama’s minimum wage economic policies look to destroy more jobs …
The Congressional Budget Office (CBO) released a report on the economic effects of Barack Obama’s proposal to increase the minimum wage from its present $7.25 per hour to $10.10. The CBO looked at two options. One, raise the minimum wage in three steps to $10.10 by 2016, and Two, raise it in two steps to $9.00 by 2016. In either option, the US economy either loses some jobs or many jobs, but make no mistake, they will lose jobs. The CBO announced that an increase in the minimum wage will cost between 500,000 and one million jobs. Basically, Obama and Democrats boasting about raising the minimum wage is nothing more than a distraction to their current political nightmare.
Well this does not fit the Obama/Democrat Talking points …
Once fully implemented in the second half of 2016, the $10.10 option would reduce total employment by about 500,000 workers, or 0.3 percent, CBO projects (see the table below). As with any such estimates, however, the actual losses could be smaller or larger; in CBO’s assessment, there is about a two-thirds chance that the effect would be in the range between a very slight reduction in employment and a reduction in employment of 1.0 million workers.
As summed up by the PJ Tatler, the report in that there is one positive impact to raising the minimum wage, although one groups silver lining is another’s silver bullet. Is it really worth raising some out of poverty at the expense of even more people losing their jobs completely?
The CBO does find one positive impact: Raising the minimum wage would move some 900,000 Americans out of poverty.
But that would come at the cost of potentially sending a million workers out of jobs altogether. That’s hardly the goal that Obama and the Democrats are selling.
The Washington Times discusses Three ways that the CBO contradicts Obama on minimum wage. Imagine that, Obama lying?
- Obama: “The opponents of the minimum wage have been using the same arguments for years, and time and again they’ve been proven wrong. Raising the minimum wage is good for business, and it’s good for workers, and it’s good for the economy.”
- Obama: “Rais[ing] the federal minimum wage to $10.10 wouldn’t just raise wages for minimum-wage workers, its effect would lift wages for about 28 million Americans.”
- Obama: Raising the minimum wage to $10.10 per hour, “would lift millions of Americans out of poverty immediately.”
I have to ask the following parting question: How is it that Obama and his minions can tell us what the positive benefits will be to raising the minimum wage, but they can’t tell us to the person how many are 100% enrolled in Obamacare and have paid their first premiun when the data is on a database in front of them?
VP Biden Uses MLK Day Address to Race Bait … ‘Our Opponents Know the Single Most Dangerous Thing to Give Us Is the Right to Vote’
Remember what I said about those using Martin Luther King Jr’s message to pander and use to their own self-serving agendas …
Enter Vice President Joe Biden using Martin Luther King Jr. Day as a vehicle to attack voter ID laws and comparing them to poll taxes and literacy tests. Because God forbid we taking voting more serious and want to know that fraud is not being committed more than using photo ID to buy alcohol, cash a check, enter your work place or get on a plane. Biden went on to tell the Al Sharpton crowd, need we say more, “This has been the ultimate fight because our opponents know the single most dangerous thing to give us is the right to vote. ” Hmm, speaking of literacy, does crazy Joe realize that we all do have the right to vote?
I need what operator, a valid form of ID to get into the event, OK.
Vice President Joe Biden used Martin Luther King Jr. Day to launch an all-out attack on voter ID laws, which he implied were similar to poll taxes and literacy tests.
“This has been the ultimate fight because our opponents know the single most dangerous thing to give us is the right to vote,” Biden said Monday at a breakfast sponsored by Rev. Al Sharpton’s National Action Network in Washington, D.C. “Now we’re in a hail storm.”
The vice president went on to rip into the U.S. Supreme Court for weakening the Voting Rights Act.
Biden told the Sharpton group they are doing “God’s work” and praised both King and President Lyndon B. Johnson, who signed both the 1964 Civil Rights Act and the 1965 Voting Rights Act into law.
Posted January 20, 2014 by Scared Monkeys Al Sharpton, Class Warfare, Democrats, Government, Idiot, Joseph Biden, Liberals, Minorities, Progressives, Race Card, Voter Fraud, Voter ID Card, Voting Blocks | one comment |
GEEZ … Rep. Sheila Jackson Lee (D-TX) Calls for “Unemployment Insurance for Working Men and Women” (Video)
The gentle woman from Texas said, “the pope being named man of the year has spoken to the world eloquently,” hah, which is more than I can say for Sheila Jackson Lee.
US Rep. Sheila Jackson Lee called for “unemployment insurance for working men and women.” Huh, didn’t Barack Obama and his minions just tell us that the economy is rebounding? Why would we need an further continuation of long term unemployment. Looks like Sheila Jackson Lee wants to go one better and provide unemployment benefits to the working as well. I am hoping that she misspoke, but then again with these liberal Democrats and Obamanomics, one never knows.
Hey, why not unemployment insurance for all … according to Democrats, best way to grow the economy. What is wrong with these people? How did America ever elect these socialists into the majority of anything?
VIDEO – Washington Free Beacon
Let’s not forget this other classic Sheila Jackson Lee moments of brilliance:
- Entitlements Are ‘Earned
- I Stand Here a Freed Slave
- Thinks America planted flag on Mars not the Moon
- My Constituents are Ill-Informed
- There are two Vietnam’s: North and South
- Constitution Gives Me Immunity to Discriminate Against the Disabled
Posted December 14, 2013 by Scared Monkeys Bizarre, Class Warfare, Democrats, Economy, Entitlement Programs, Government, House of Representatives, Liberals, Moonbats, Nanny State - Big Government, Obamanomics, Progressives, Radicals, Shelia Jackson Lee (D-TX), Unemployment, Welfare, Welfare State, WTF, You Tube - VIDEO | one comment |
Quid Pro Quo … Detroit City Council Woman JoAnn Watson Tells Obama, We Voted for you, Now Bail us Out with Government Bacon
Ask Not What Your Country Can Do For You“. Ask what you can do for your country.
Ask not what you can do for your country, but what you can take from your country. Welcome to the Obama “Quid pro quo” BACON BAILOUT.
The Left demands government pork for votes … Detroit Council woman Joann Watson wants some “bacon” from Barack Obama after blacks voted for him. Elections do have consequences and now it appears time for Obama to payback for all of his class warfare political rhetoric. Watson literally said its time for some “quid pro quo”. Since blacks in Detroit, Michigan overwhelmingly voted for Obama, they deserve a bailout. Thus, as stated at Michelle Malkin, a city that has been consistently mismanaged and run into the ground now expects and demands a bailout. It is the same old story as usual. Provide no fiscal responsibility and expect that some one else will bail you out. All that is accomplished is the same vicious, idiotic cycle continues. Look for Illinois and California to be asking Obama to bail out their failed states as well. It is obvious that people voted for Obama for what he could take from others to give to them.
Our people voted for Obama and now we expect pork from him. How morally bankrupt has this country become?
The city of Detroit faces a major financial crisis and one member of city council thinks President Barack Obama should step in and help.
City Council member JoAnn Watson said Tuesday the citizens support of Obama in last month’s election was enough reason for the president to bailout the struggling the city. (Click the video player to listen)
“Our people in an overwhelming way supported the re-election of this president and there ought to be a quid pro quo and you ought to exercise leadership on that,” said Watson. “Of course, not just that, but why not?”
As Weasel Zippers opines, Bacon is defined as Obamaphones, EBT cards, food stamps, “stimulus” money.
Posted December 6, 2012 by Scared Monkeys 2012 Elections, Bail Outs, Barack Obama, Black Vote, Class Warfare, cronyism, Democrats, Government, Government Dependent Class, Obamanation, Quid Pro Quo | 4 comments |