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?

1. 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.”
2. 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.”
3. 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?

Buyers Remorse: Economist/YouGov.com Poll Finds that Only 79% of Obama Voters Given a Do-Over Would Vote for Him Again, 71% Would Vote For Someone Else

American Voters Want a Mulligan on the 2014 Presidential Election … How’s that “Hopey-Changey” stuff working out for you America?

According to a recent The Economist/YouGov.com poll, 71% of Obama voters are now inclined to vote for somebody else and “regret” their vote to reelect the president. If the election were rerun today, Obama would lose and Mitt Romney would be president. Oh, if only!!! It is too bad that so many Americans did not see what so many on the Right saw in Obama. However, for some bizarre and uninformed reason they were willing to give this failed president a second term. Now we know that if Americans had known the obvious, Obama would have lost badly in 2014.

Sadly, we do not get a do-over and are stuck with this failed president until 2016.

These fools actually thought my political pre-election rhetoric was the truth, ah, ha, ha, ha

Amazing data from the polling sample:

• 80% of whites said yes, 61% of blacks said no and 100% of Hispanics said yes.
• 84% of women said yes, and just 61% of men agreed.
• 55% of Democrats said yes, as did 71% of independents.

Given a chance to do it all over again, only 79 percent of those who voted for President Obama would vote for him again and 71 percent of Obama voters now inclined to vote for somebody else “regret” their vote to reelect the president, according to a new poll.

The Economist/YouGov.com poll found that Obama would lose enough votes in a rematch with Mitt Romney that the Republican would win. “90 percent of people who voted for Romney would do it again, compared to only 79 percent of Obama voters who would,” said the poll.

“Clearly Romney fares better, although he had fewer voters to begin with. As a proportion of the voters each of them actually received in 2012 (66 million for Obama and 61 million for Romney), the GOP candidate ends up with 55 million votes retained to Obama’s 52 million. Not exactly a wipeout. It’s also unclear for any poll that hypothetically revisits 2012 how much it says about renewed hope for Mitt Romney – who has notably been liberated from the scrutiny of a presidential campaign ­– rather than about dissatisfaction with an incumbent president who has spent the last year defending his administration over leaks, scandals and Obamacare roll-outs,” added the poll.

The GOP might want to take notice of the 100% Hispanic vote that regret their vote from above before they continue to bend over backwards and PO their base with amnesty.

Emperor Barack Obama Says, ‘I Can Do Whatever I Want’

A real look into what Barack Obama truly thinks and believes … Its Good to be King

While visiting Monticello with the French president, President Obama said, “That’s the good thing about being president, I can do whatever I want.” Hmm, you think he is joking, huh? Well, he just made another unlawful change in a law passed by Congress delaying certain employers of the employer mandate until 2016. Is some one going to remind Obama that the federal government of United States of America is composed of three distinct branches: legislative, executive and judicial, whose powers are vested by the U.S. Constitution in the Congress, the President, and the federal courts, including the Supreme Court, respectively. The powers and duties of these branches are further defined by acts of Congress, including the creation of executive departments and courts inferior to the Supreme Court. Just asking?

Remember when Our Founding Fathers created a government of, by and for the American people?

Via the pool report: Monticello:

At 4:45 POTUS and president Hollande walked out from a portico and strolled in Front of your pool with Leslie Bowman, president of the Monticello Foundation. Looking at a terrace she said that Jefferson loved to admire the landscape from there. POTUS said that he’d like to take a look and seemed delighted to “break the protocol”.

“That’s the good thing as a President, I can do whatever I want” he quipped, walking to the terrace with his guest and Ms. Bowman. Pool now in the mansion as the leaders will come and visit Jefferson’s study.

More from Kristinn Taylor at The Gateway Pundit and the comparisons to France’s King Louis XVI and his wife Queen Marie Antoinette.

No One Cares to Listen to Barack Obama’s Lies Anymore … Nielson Ratings for Obama’s 2014 SOTU was Lowest in 20 Years

Hey Barack, there just not that into you anymore, America tunes out President Obama, his promises, his agenda and his lies.

It is safe to say that America has grown tired and weary of the Obama presidency. According to the Nielson rating for Obama’s SOTU Tuesday night, was the lowest in 20 years. According to Neilson, the State of the Union Address registered only a 20.7 household share rating. That is a far cry from Obama’s 2009 SOTU ‘Hope & Change’ address where he garnered a 32.5  share. As Doug Ross opines,  I guess whiny, depressing liars aren’t good for ratings.” Obama fatigue has officially set in.

Even Biden Fell Asleep

On Tuesday, Jan. 28, 2014 President Barack Obama delivered his second State of the Union address of his second term in office. The address was carried live from 9:00 p.m. to 10:15 p.m. on 13 networks and tape-delayed on Univision. The sum of the average audience for those networks was 33,299,172 viewers with a combined household rating of 20.7. The networks carrying the address live were CBS, ABC, NBC, FOX, Azteca, Fox Business, Fox News Channel, CNN, MSNBC, CNBC, Al Jazeera America, Galavision and Mun2.

Here are the previous numbers for SOTU addresses (in millions):

2014 – 20.7
2013 – 21.8
2012 – 24
2011 – 26.6
2010 – 29.8
2009 – 32.5
2008 – 24.7
2007 – 29.6
2006 – 26.9
2005 – 25.2
2004 – 28
2003 – 38.8
2002 – 33.6
2001 – 27.6
2000 – 22.4
1999 – 31.0
1998 – 37.2
1997 – 28.4
1996 – 29.6
1995 – 29.5
1994 – 32.9
1993 – 44.3

Youth Misery Index at All-Time High Under Barack Obama … But I am Sure He Will Blame Republicans

Add another accomplishment to Barack Obama … Hardly ‘Hope and Change’ for the Youth.

The Youth Misery Index hits all-time high under Barack Obama. In 2009 when Obama took office, the YMI was at m 83.5; however, has skyrocketed to 98.6 in 2013. This represents an 18.1% increase since Obama took office. But Obama claims he is for the youth of America and the youth continue foolishly vote for him in large numbers.  The index is calculated by adding youth unemployment and average college loan debt figures with each person’s share of the national debt. And before Obama and his minions blame Bush, when President George Bush left office in 2008, the index was 69.3.

Young Americans Foundation

Pic – Young America’s Foundation

A Youth Misery Index that measures young Americans’ woes has skyrocketed under President Barack Obama and hit an all-time high.

The index, released Wednesday, was calculated by adding youth unemployment and average college loan debt figures with each person’s share of the national debt. While it has steadily grown over the decades, under Obama the figure has shot up dramatically, from 83.5 in 2009 to 98.6 in 2013.

The index has increased by 18.1 percent since Obama took office, the highest increase under any president, making Obama the worst president for youth economic opportunity, according to the nonprofit that released the figure.

“Young people are suffering under this economy,” said Ashley Pratte, program officer for Young America’s Foundation, which developed the index and calculates it annually using federal statistics. “They’re still living in their parent’s basements, unable to find full-time jobs that pay them what they need in order to pay back their debt.”

Youth unemployment in 2013 was 16.3 percent, and student loan debt came in at a record-breaking average of $29,400 last year, the foundation points out; what’s more, each person’s share of the roughly $17 trillion dollar national debt stands at its highest level ever: $52,948.

FOX and Friends – Ashley Pratte, YAF’s Public Relations Officer

Pic – screen Grab from Fox & Friends Interview:  Click on Pic for VIDEO

Sorry, but what Obama has done to the youth of America should be considered a crime … Can he be charged with child abuse? How about Generational theft?

UPDATE I: Thanks Teach for the link at the Pirate’s Cove.