As of now, I am in control here, in the White House

Tag Archives: minimum wage

Thank God. Business Advice from Obama.

The little things come out accidentally. Because, no matter the phoniness, no matter the hired message massagers, people are who they are, and they eventually reveal themselves.

If you really want to understand where President Obama and his coterie are coming from, have a look at this statement released on Labor Day by Secretary of Labor Tom Perez.

He describes a woman, Austraberta Rodriguez:

She’s worked as a janitor for more than 30 years, and for most of that time, her wages put her below the poverty level. Every cent she’s earned has gone toward providing the basics for her children and grandchildren. Today, she’s still earning the minimum wage — which, in Texas, is just $7.25 an hour.

Now, never mind that raising the minimum wage overwhelmingly helps families who are NOT in poverty. For example, about a quarter of those making the bottom salary are teens. And forget for a moment that for about every every two people who are brought above the poverty line when the minimum wage is increased, one loses their job entirely.

I’m not here to debate the minimum wage. I’m not even sure that a small hike in the minimum wage at this point would be harmful. I’m here to show you this, another portion of Perez’s statement:

A higher minimum wage doesn’t just help workers like Austraberta. It helps the businesses they work for too. It improves employee morale, productivity, and customer service. It reduces turnover, absenteeism, and training costs.

And besides, when working families have more money in their pockets, they pump it right back into their local economies. They spend it on goods and services where they live. And that helps the businesses providing those goods and services to grow. And that creates more jobs.

Think about the extraordinary hubris of this statement, the audacity, if you will.

Here it is, the government, telling businessmen and women what’s right for their businesses. If only they could follow the wisdom of Tom Perez and Barack Obama, they’d know that raising the minimum wage is GOOD FOR BUSINESS.

Tom PerezPresumably businesspeople are either too stupid to do what’s in their interests – or too distracted by their own greedy instinct to hoard the money for themselves – to figure out what is sound business smarts.

But Tom Perez knows!!

Because Tom Perez, unlike most of these boneheaded, culturally backward business types, graduated from Brown University and Harvard Law School. He then spent six years at the Department of Justice before going to work for Ted Kennedy. Then it was on to the Clinton administration Department of Health and Human Services.

Following a mediocre run in Maryland state politics, he was appointed to the Maryland Department of Labor before being made assistant attorney general by President Obama and finally, last year, Secretary of Labor.

I give you Tom’s work history not because I think you are in the market for a good biography, but to make clear to you that . . .

TOM PEREZ HAS NEVER CREATED A SINGLE JOB IN HIS LIFE

And neither, as we already know, has his boss.

And yet, here Tom is, lecturing businessmen and women, many of whom – those who succeed, anyway – routinely put in twelve hour days and generate the tax revenues that have paid Tom’s salary all his life.

Because Tom, and Obama’s other geniuses, know what’s best for you. They read it – in a book!

They are from the government, and they are here to help. They’ll give you the help you need, and the help you want. Because they’ve looked at you and your business from their grand perches, and found you wanting.

CBO: Minimum Wage Hike Costs 500,000 jobs

A plan backed by President Obama to increase the minimum hourly wage from $7.25 to $10.10 would cost the United States 500,000 jobs in just two and a half years, according to the Congressional Budget Office.

The CBO, which earlier this month released the startling finding that 2.5 million workers would scale back their hours or stop working because of Obamacare, is proving once again that it is a repository of reliable data while the White House is a suppository of useless information.

Writing just six days ago in blog post on the White House website, Council of Economic Advisors Chairman Jason Furman claimed raising the minimum wage would have a negligible impact on jobs.

Finally, as one recent review of minimum wage research published since 2000 concluded, “The weight of that evidence points to little or no employment response to modest increases in the minimum wage.”

Furman neglected to mention that the Center for Economic Policy Research, which performed the “review,” is a left-wing think tank which last year released a study showing that if people would only work less it would cool global warming.

So Furman did some damage control blogging today, emphasizing that “16.5 million people making less than $10.10 per hour would get a raise if the minimum wage is increased.”

Okay. So maybe those who lose their jobs can move in with them.

Furman’s first blog post was followed by a scurrilous weekly address Saturday by President Obama, who was in full class warfare, truth-bending mode:

While those at the top are doing better than ever, average wages have barely budged.  Too many Americans are working harder than ever just to get by, let alone get ahead.  And that’s been true since long before the recession hit.

That’s why we’ve got to build an economy that works for everybody, not just a fortunate few.

A fortunate few? Fortunate to have had the good sense to work their asses off.

An overwhelming majority of Americans support raising a minimum wage that’s worth about 20% less than when Ronald Reagan took office.

This one really caused me to reach for the smelling salts. Or some Fiji Water – on the advice of the first lady – anything to keep me passing out from the shock and awe of Obama’s dishonesty.

Obama tries to invoke Reagan, suggesting Republicans should support him. But notice what he actually said . . . when Ronald Reagan took office.

WHO HAD JUST BEEN PRESIDENT WHEN REAGAN TOOK OFFICE? AND HOW WERE THINGS GOING UNDER JIMMY CARTER?

Sorry, drank a little too much water.

Obama is actually making a favorable mention of Jimmy Carter’s economic policy. I guess it makes sense when you think about it.

Under Reagan, the minimum wage remained at the same dollar value – declining steadily in real terms – while the economy boomed.

This next one made me laugh so hard I nearly detached my gall bladder. I’m serious.

It will give more businesses more customers with more money to spend – and that means growing the economy for everyone.

Now let’s think about this. Because, really, Obama doesn’t seem to understand who PAYS the increased minimum wage. He thinks it just magically materializes, or comes from rich people who have stashed stolen millions on their golf bags.

IT’S PAID BY BUSINESSES. So the money paid by businesses comes back to them in spending from the people they gave the money to. THE SAME MONEY. And that’s supposed to help businesses?

Does spitting in the wind add to your reservoir of saliva?

The opponents of raising folks’ wages have deployed the same old arguments for years, and time and again, they’ve been proven wrong.

In fact, increases in the minimum wage have coincided with three of the last four recessions, including the hikes in 2007, 2008, and 2009 that accompanied the current slowdown.

Here, just to torture you, is Obama’s commentary on the minimum wage. Hold onto your gall bladder.