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  •  Forbes is cheering (5+ / 0-)

    This is a worry. Thanks for linking the article. Seems they are doing high fives on the tax ruling.

    •  The next reichwing Obamacare hit piece... (14+ / 0-)

      The Koch Brother's Heritage Foundation is at it again.

      They're pissed because Obama can raise the low wages of over 2 million low paid federal employees... by executive order!

      Representative Ellison was on MSNBC explaining the plan and the appeal they put into writing for the President to do this. Seems like we should be writing our reps and the President  to do this too!

      Oh... the tyranny of it all! (Snark!)

      We Bet You Haven't Heard This About Obamacare

      Another push is underway to raise the minimum wage. But what you probably haven’t heard is that Obamacare has already done that.

      The plan on the table in Congress would raise the federal minimum wage above $10 an hour (which is higher than all existing state rates). Obamacare’s mandate on employers, however, is already scheduled to raise the hourly cost of hiring a full-time worker past $10 an hour.

      The idea behind a minimum wage is to help low-income workers. But Obamacare’s mandates will hurt the job prospects of these very workers—and raising the federal minimum wage would further limit the number of jobs available.

      More at the link!
      http://blog.heritage.org/...

      •  Imagine that... (32+ / 0-)

        Millionaires paying their fare share of Medicare FICA taxes and federal employees getting a living wage... what is this country coming too???

      •  Of course, raising the minimum wage doesn't hurt.. (9+ / 0-)

        Of course, in reality raising the minimum wage doesn't hurt businesses, and doesn't cause massive layoffs, it helps businesses and leads to improved employment. This has worked out this way repeatedly, in many cities and states in many decades, so it's quite well known to anyone who cares to look at the data.

        The right-wing theory is that if an employer pays $X in salaries, if the minimum wage goes up the employer keeps their salary spend constant and fires some people. But it never actually works out that way when the minimum wage is increased. This is because the right-wing theory ignores the reality that businesses need work done, and they need a certain number of employees to do the work. So firing some of them just means that you reduce capacity so you lose sales to a competitor. And that's not actually what businesses do after wages are increased.

        In the real world what happens when the minimum wage is raised is that companies don't fire anyone, they just raise their prices a few percent to cover the higher wages. For example, if Walmart raised their minimum wage to $10/hour, they'd have to raise prices 1% to cover that cost. To customers, a 1% price increase is invisible, so it doesn't affect sales at all.

        And on top of that the right-wing theory ignores the reality that when people make better wages that's a boost to the economy. If someone makes $10 an hour instead of $8 an hour, they spend the additional money on food, clothes, housing, etc., all of which flows into the economy. So what's happened consistently whenever the minimum wage is raised is that there's a boost to the economy because customers have more money to spend. So businesses make more money. And it's even good for the government, because people who make more and spend more pay more taxes (sales, tax, etc.).

        This means that in the real world after the minimum wage is raised, there are more jobs created, not fewer.

        So given that the data clearly shows that raising the minimum wage is good for businesses, good for workers and good for the budget, it makes you wonder why anyone is against it. There's decades of data to look at, and it's well understood by economists because it's happened in so many places over so many decades. Do Republicans think that they can ignore the data and just push their "screw the poor" story anyway? And why do that when the Republicans are ultimately hurting their own businesses to do so? Do they really care more about making sure that the poor are really screwed than in growing their business? Weird.

        •  Yup! and the polls... (4+ / 0-)
          Of course, in reality raising the minimum wage doesn't hurt businesses, and doesn't cause massive layoffs, it helps businesses and leads to improved employment. This has worked out this way repeatedly, in many cities and states in many decades, so it's quite well known to anyone who cares to look at the data.
          True!

          The polls show raising the minimum wage has overwhelming support... in the last one I looked at even 57% of Republicans think it should be raised.

          If Rep. Ellison is right... and there are 2 million federal contractor employees that are making below minimum wage that could get an increase in pay... that would help stimulate the economy.

          It may be small on a national scale... but with the sequester cuts impact, every little bit helps!

        •  A civil rights leader (could have been MLK) (0+ / 0-)

          once said that you cannot keep someone else down in the ditch unless you stay there with him.  The Republican business leaders are willing to stay down in the ditch with lower profits in order to keep the poor down in the ditch

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