jump to navigation

President Obama Finds Another Way to Kill the Economy December 5, 2013

Posted by geoff in News.

Well, you’ve got your minimum wage increase that’s buried in Obamacare, you’ve got your protestors arguing for a minimum wage of $15/hr, and you’ve got your President, who believes that raising the minimum wage will create 140,000 jobs.

And then you’ve got reality, as delightfully graphed by Ironman at Political Calculations a couple of years ago:*


Create 140,000 jobs? I’m kind of doubting it.

*He includes California because it represents 1 out of 8 working teens, and because it illustrates that just looking at the federal minimum wage does not capture the effects of the minimum wage hikes among the individual states.


1. Jimbro - December 5, 2013

We resemble Venezuela more and more with each passing day.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: