The monumental, mathematical stupidity of Obama’s minimum wage edict

Yesterday President Obama once again displayed his adept skill at playing the “low hanging fruit” game of politics by formally signing an executive order raising the pay for employees of federal contract workers. Of course, he wants Congress to do the same for all Americans.

Never mind the fact that “all Americans” who actually earn the minimum wage amount to about 1.6 million workers. That’s it. Despite the fact he says that increasing the wage nationwide will “lift millions out of poverty immediately.”

But the second and third order effects of doing this will have widespread deleterious effects for businesses who employ hourly wage workers – and exacerbate unemployment.

I happened to have lunch today with a local business leader possessing a stellar economics background — as opposed to a community organizer. We discussed some basic economics, and did the math.

President Obama demands business owners with employees working on federal contracts must pay a minimum wage of $10.10. Now, if I’m an employee who has worked at one of those companies for a couple years already and have worked my way up to $10.10, but someone new comes on board immediately at the higher wage, I’d have a problem with it. I’d go to my boss and ask for a raise, since I have longer tenure. So maybe I get a raise to $13.00.

But what about the employee with higher skills than me? She already makes $13.00. It’s certainly not fair for her to stay at $13.00, right? She should get $16.00, at least.

This is the definition of wage inflation and this is what Obama is creating. He likes to say raising the hourly minimum wage from $7.25 to $10.10 would boost the economy. But that’s yet another Obama lie.

Business owners are in business to, well, make a profit. Now, with higher tax, regulatory and employee costs, business owners have to make a decision. They can push the new costs onto the consumer. They can push employees to part-time and cut benefits. They can cut employee positions and find ways to increase productivity without human cost. Or lastly, what Obama seems to prefer, they can go out of business, stay at home, get a government subsidy check, and rediscover themselves and their interests.

Economics really is simple in the world of practical application. Maybe not in the liberal academic theoretical world — after all, what percentage of folks in the Obama administration actually have private sector experience? Hmm, I know the fella at the top ain’t one of ‘em.

I believe we should have policies — both tax and regulatory — that enable business owners, especially small business, to raise wages for their employees. We do not need some imperial highness who believes he can by edict grant wage increases to us peasants and serfs.

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114 Comments on "The monumental, mathematical stupidity of Obama’s minimum wage edict"

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Chris
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There may only be 1.6 million Americans making minimum wage, but how many make between $7.25 and $10.10? Do that math, and maybe Obama’s figures are possible.

That being said, I am against the minimum wage hike.

Brian
Guest

35 million Americans – 26 percent of our workforce – earn less than $10.55 an hour. Allen West leaves out that key detail.

Hilda
Guest

35 million? where do you get your information?

Kim Hillstrom
Guest

3.6 million people are at or below the minimum wage.

bob77021
Guest

Please cite your source.

Will Cook
Guest

Remember A good Executive surrounds themselves with competent People. He has never been an Executive.And there is a saying you don’t k
now what you don’t Know.

Mark Shuler
Guest

And, as the employers need to make a profit, the cost of goods also goes up…thereby nullifying the minimum wage increase, and keeping the poor where they are now.

Stephanie Snyder Staker
Guest
Stephanie Snyder Staker
Yep, you do get it! Same thing with the unions wanting minimum wage at $15.00 – who do you think will be enriched by that hourly wage? Certainly not the employee. The cost of goods WILL go up – it has to! How is a small business owner going to be able to pay his employees, rent, utilities, insurance, etc. not to mention all the employee taxes the employer has to pay. That is another detail never talked about – the unemployment tax, Social Security match (what they take out of your check, the employer has to pay for your… Read more »
Keyser Soze
Guest

now here is a guy that gets it !

Deborah Lurie Edery
Guest

Georgia has a minimum wage of $5.15 and a lower cost of living. Connecticut has the highest minimum wage and cost of living. How can we have a Federal minimum wage? One size doesn’t fit 50 states. That holds true for health insurance as well.

Patti
Guest

It would be interesting to know how many of the 1.6 million minimum wage earners are teenagers. I believe that a teen who earns minimum wage may just have a chance at a dose of reality, enough to make them want to do better in life, work their way up or go to college for the higher paying job. The United States has always been the land of opportunity. Anyone can get a college education and move in to the higher-paying jobs. By raising the minimum wage, it could take away some of the incentive to better ourselves.

jaswim
Guest
You can read my story above. The more of these blogs I read the more I know I was correct that the same people who blog about Obama destroying our economy and Obamacare, of which I happen to agree with, all of a sudden once any increase is minimum wage is mentioned, they suddenly forget that hard working Americans are being hurt by our President’s policies, not to mention Big Business and a willing Congress for years making policy that favor the rich at others expense. You know why teen unemployment is so high? I’ll tell you why, just go… Read more »
Patti
Guest
I also have worked since age 14. I started out babysitting for $1.50 per hour. At age 16 to $2.15 per hour at Wendy’s. I paid for my own clothes, my school lunches, and had almost nothing left over. BUT, that put a fire under me to do the best job possible. THANK GOD FOR THOSE YEARS OF EARNING SO LITTLE. I’ve never be a victim, or expected something to be handed to me. After a few months at Wendy’s, I earned a pay raise. Promptly at age 18 (still working at Wendy’s) I got a grant and a student… Read more »
Keyser Soze
Guest

Agreed, with a teen unemployment rate of 25%, are you ready for that to go higher if you raise the MW. When Teens have no work experience it stunts their entire career path. People just do not think these things through.

Matt W
Guest
As a former small business owner and one who is striving to once again become one, the worst thing you can do to small businesses is raise the minimum wage. I ran my own business for nearly 18 years and started paying myself only $4.50 per hour, based on a 40 hour week, while actually working 90-100 hours. As my business grew, I was able to pay myself and my workers more, but to bring in someone who knew absolutely nothing about manufacturing and machining and start them out that high is ludicrous. On the other hand, I never gave… Read more »
bob77021
Guest

Well said !

The_Patriot
Guest

Agreed 100%

Patti
Guest

I think that Mr. Owe-Bama should get minimum wage pay for the fantabulous job he is doing! Hip-hip-horrific!

The_Patriot
Guest

He should forfeit the millions he has made while being in office, for all the pain and suffering he has caused all of us

JOEL714
Guest

we know our liar in chief is not good at the truth, but it seems the son of a bitch can’t count either.

Sandra Barnett
Guest

Bush also raised the minimum wage.

Sherill Weber
Guest

Bush has been out of office for a little over 5 years now. Join us in the year 2014. The Bush card has expired.

jaswim
Guest

Guessing your not having to make a living on $7.25 an hour. I thank Bush for raising the minimum wage and while I think Obama is increasing it too much for the Federal Workers, I too would like to see it raised enough to keep up with inflation and the new added costs in our healthcare thanks to Obama.

Sherill Weber
Guest
I worked at a minimum wage job during high school and right after. But then I moved myself up and didn’t settle there. I do agree with you that some sort of raise but not what he is doing and the fact that with the government contracts no plan was put into place how they were going to handle that? The contractors aren’t going to be able to tell the government that they are going to raise their rates because they are under a signed contact. Not to mention the fact that some of them have union workers and subcontractors.… Read more »
jaswim
Guest
Glad to hear you agree with some amount of raise and that is all I agree to as well. I realize the huge jump Obama is suggesting is crazy. In the past minimum wage increases have been maybe a dollar an hour, which is all I really want to keep up with the added cost of living we have witnessed under this presidency. As for the insurance dilemma it is not as good as you may think. I live in a state that did not expand Medicaid and I am therefore not eligible. Furthermore, currently I am making below $11,500… Read more »
Sherill Weber
Guest
Jaswim I am so sorry. I know we complain and complain out here and at times we forget about people like you who are really out there trying to get themselves ahead and not willing to give up. If I made lite on Obamacare I’m sorry because I am 100% against it. He has destroyed our health care system. All the touting that Washington has done on how Obamacare will let you make the decision of working or not working is such a bunch of bs. But here are people like you that are not only willing to work one… Read more »
jaswim
Guest
Thank you for your support. I totally agree that he has destroyed our healthcare system and as far as unemployment, I don’t believe we are being told the true figures. How many of these so called jobs are now only part time, because I know a few too many like myself for these stats to be correct. In addition, this man is so manipulative, I can see the numbers being rigged. I also saw the news about what the IRS told employers and this just another ploy to cover himself. I’m going to have to check out the Common Core… Read more »
Sherill Weber
Guest
Your welcome. I’ve been where you are so I know what it’s like. Many years ago I lost my job due to funds and they had to cut back. I was the newest employed so I was the first to go. Had just gotten divorced and had a mortgage. Filed for unemployment and a week later I went to a temp agency and the next day was on a almost permanent job assignment. At the same time I took a job with some friends of mine who had a 93 year old lady that lived with them. I took care… Read more »
Keyser Soze
Guest

not 38%

j
Guest

sounds like common core rounding…

Billy Bob
Guest

Why not 20.00 per hour? Then after 6 months, $50.00 per hour. One year it goes to $100.00 per hour. Now that would lift millions out of poverty immediately. Naturally no one could afford to hire them, but that’s not the point is it.

jaswim
Guest
Why not $5.00 and hour or maybe even $3.00. Better yet, let’s just repeal the Fair Standard Act of 1938 and bring back the good old days of “the Sweatshops.” Every time I read about this issue on a Conservative website I hear the same warn out arguments coming from the right. A hike from $7.25 to $10.00 is too much, that much I will agree, but the impression I get is that most Conservatives are against any raise in the minimum wage. So what if the cost of living has gone up, just pull yourself up by your boot… Read more »
Ophelia1
Guest

How is we can afford to give certain CEOs $30 million a year?

Billy Bob
Guest

Because those CEO’s run companies that bring in big bucks. I would also wager most of their employees aren’t paid $7.25 per hour.

Lisa Amador
Guest
“We” don’t pay CEOs $30 million per year. That’s where you get things all twisted. A CEO that has risked his own money, and most likely that of others (investors), to bring an idea to fruition to become successful because consumers demand “it” and more of “it,” allows that business to grow organically – to which it must hire more workers at various levels to produce the demanded goods or services, meaning that that CEO “earns” a percentage of his own profits from his own company. For example; a CEO creates, designs, and develops a shoe that sells 1 million… Read more »
Guest
Guest
A minimum of 3.5 Million Americans earn at, or under the federal minimum wage. For those of you too stupid to deduce this yourselves, that is millions. These regulations are put in place to protect the people from otherwise getting taken advantage of. The cost of living increases dramatically, and so should the minimum wage. Its common sense! Economically it is very beneficial contrary to what your selfish conservative lobby would lead you to believe (Spending millions themselves to do so). When poor workers have more money to spend, they spend it, almost entirely in the local community, on basic… Read more »
Timmy Kobayashi
Guest
A minimum of 3.5 Million Americans earn at, or under the federal minimum wage. For those of you too absent minded to deduce this yourselves, that is millions. These regulations are put in place to protect the people from otherwise getting taken advantage of. The cost of living increases dramatically, and so should the minimum wage. Its common sense! Economically it is very beneficial contrary to what your selfish conservative lobby would lead you to believe (Spending millions themselves to do so). When poor workers have more money to spend, they spend it, almost entirely in the local community, on… Read more »
Fred Werner
Guest

1.6 on minimum 2.x below if their job isn’t affected by minimum wage already why would it suddenly matter if changed?

Billy Bob
Guest
Haven’t done the math have you Timmy? $7.25 vs $10.10 per hour. 25 employees X $2.85 more per hour = $71.25 a hour labor increase. $71.25 X 8 hour shift = $570 per day increase in labor. $570 per day increase X 30 days = $17,100 additional cost for labor. $17,100 X 12 months = $205,200 per year additional cost for labor.. This is in addition to what was already being paid at $7.25 per hour or $522,000 per year for a total of $727,200 in labor costs. So, how is this business supposed to thrive paying an extra $205,200… Read more »
BayMan
Guest

…and taxes. Don’t forget taxes. The greater the salary, even at an additional 2.85 an hour, is more taxes (federal, state, FICA) taken out, and other deductions. The recipients won’t see $10.10.

John
Guest

You haven’t mentioned all of the added taxes or expenses City – State – Federal, the proprietor will be responsible for as well as OBC; this Ex Order shows his blatant disregard for the seriousness of our economical condition; it almost seems/feels like it is with a purpose. This is another Albatrose on our already painful economic condition. No good will come from this!

jaswim
Guest
I agree that $10.00 is too big an increase, but you do realize that the figure you ended up with for some CEO’s is much less than their yearly bonus for these already millionaires. Furthermore, as someone who is now is making a lot less, I can tell you I am also spending a lot less and I know there are many like myself. Speaking of thriving I recently saw a report that stores such as Sears and JcPenney’s and resteraunts like Red Lobster and Olive Garden are having financial difficulties, while the least expensive and most expensive places seem… Read more »
Fred Werner
Guest

Realy doubt if CEOs or share holders are going to take a cut. Think Billy is talking more of small businesses.

Billy Bob
Guest
I did not come up with any figure for CEO’s. The only figure I came up with was a small business owner having to pay an additional $205,200 a year in labor costs. To stay in business he has to recoup that money by either raising prices or letting people go. Raise prices too much and customers will do their talking with their feet. Cut people and employees will be doing more work for the same pay. Cut hours and the employee loses money and looks for full time work elsewhere. For every action, there is a reaction. The Democrats… Read more »
jaswim
Guest
I totally agree with you that what the Democrats said was a plain stupid excuse in my opinion. However, I believe both parties have supported policy of wealthy CEO’s for years now that have limited the number of us who can get descent paying jobs. Try living on $7.25 and hour and all you can find is part time work. Not a teenager, a 52 year old adult who has been hurt badly by the economy. It can’t be done and I won’t lie at times it’s made me feel like giving up, but that is something I just can’t… Read more »
Toast
Guest

without a CEO they wouldnt have a job though…

jaswim
Guest
That may be true, but do you think that justifies what many of them have done to this country. Outsourcing our jobs, hiring illegal aliens in some instances and guest workers to save on costs, cutting pensions, slashing hours to keep from having to provide benefits to their employees, etc…Have you seen or read about how many of the people in places like China and India are treated, how little they are paid, and the dangerous conditions in which they work in these American companies. Isn’t this why the Fair Standards Labor Act of 1938 was passed, to stop this… Read more »
Billy Bob
Guest

Correct. I have never gotten a job from a poor man.

Lisa Amador
Guest
How are you taken advantage of when you actively seek employment, walk through the door, ask for a job, promise to fulfill “x” responsibilities in exchange for “y” compensation, sign a contract, shake hands, and voluntarily drive to and from work every day? And, if you don’t like that job, you are free, as an individual to quit that job, apply for another job somewhere else for better compensation and/or better work, with no one, absolutely no one standing in your way. You are free to work or not work. What you may not do is break your promise and… Read more »
jaswim
Guest
I am for a dollar increase in minimum wage and I believe Obama is taking it too far. You can read my story above. However, Timmy is correct that regulations have been put in place to protect average Americans from being taken advantage of by the wealthy owners of businesses. People are greedy and the only thing that has changed since the 19th century sweatshops of America is that many of those practices have been made illegal in the US for good reason., but since the 1970’s wealthy owners have found their way around this obstacle by outsourcing our jobs… Read more »
Lisa Amador
Guest
That is so untrue. I would love to see an example of this. I do know of the million-plus individuals that walked into a fast food restaurant or other menial work-place, applied for a position, agreed to a wage in exchange for work, and then complain. The law allows an employee to insist on overtime pay, so unless they are working more than 40 hours, or whatever they agreed, it’s hardly sweat-shop conditions. In fact, most places are so far-removed from abusive conditions that they actually coddle the idle employee and a second generation of lazy, entitled, and petulant knuckleheads.… Read more »
jaswim
Guest
Entitled to your opinion, but I sure see it differently. First of all you need to re-read what I wrote, I said nothing about conditions being sweatshop material today in America. I said I did not want to see a return of sweatshop type conditions, which I sincerely believe would return if minimum wage laws, as well as safety and child labor regulations, were taken away. I think all one has to do is take a good look at the conditions that existed in this country, that played a major role in such laws being established in the first place,… Read more »
Sherill Weber
Guest
Timmy,,,it’s not just about the increase in wages. The contractors that have contracts with government are going to have to probably increase the contract, they are going to lose employees and of course will hire new. Some will have to renegotiate their collective bargaining agreements with the unions. Then they have to worry about their sub-contractors. If the government doesn’t renegotiate the existing contract with the contractors,,,they lose money and then somebody is going to lose their job. Plus Obama hasn’t even worked out the details on this. It’s nice you wanted say what you want out here, everybody does,… Read more »
Keyser Soze
Guest

You lost me at “selfish conservative”. You really should take an Economics 101 course, you have done nothing but parrot the socialist mantra. Raising the MW for people to spend more locally does nothing but increase the velocity of money, which means more money chasing goods and services and causing inflation. In essence, raising the MW will give low wage earners enough money to pay themselves, nothing is achieved.

Uncle Sam
Guest
That part right before you mention “when poor workers have more money to spend…” Who exactly gives them that more money? The employer right! And where does the employer get that money? Raising the price on the consumer. So in essence, it is income redistribution. I am employed in a profession that requires higher education, I am not getting a raise, but I am subsidizing the worker that “will have more money to spend growing the economy” The jobs you are advocating for are not meant to be permanent jobs. No one forced those people to not move up. There… Read more »
Sherill Weber
Guest

He’s just a kid,,,,he’ll learn in time. Life will teach him the hard knocks.

Daniel De Kok
Guest

I wonder how many of these companies have hourly employees affiliated with a union that supported BO over the last 5 years.

Sherill Weber
Guest

There are some. They don’t even have details worked out on this yet and the contractors that already have contracts,,,may have to redo the contracts along with pending contracts bids that are not sitting there. There are also sub-contractors involved in this.

Fred Werner
Guest

IDK but I’m thinking not whole lot of people working for the gov are at minimum wage, maybe house keeping??

Sherill Weber
Guest

Around 70% of contract workers are at minimum wage.

Sherill Weber
Guest
I was reading that Obama doesn’t have all the details worked out on this yet. But that being,,,,the businesses that have the contracts with the government will also have to increase the minimum wage of about 70% of the people who make under the $10.10. They will experience low moral because somebody now is making what another person is making after working so many years and also experience employee turn over. Some contractors have unionized employees and may also be required to renegotiate their collective bargaining agreements. Then you take in consideration the contract with the government. The contractor could… Read more »
Fred Werner
Guest

Obama probably has no clue just saying what the puppet masters tell him to.

Sherill Weber
Guest

Don’t know about puppet masters but I agree he has no clue. Or does he? Maybe he knows exactly what he is doing. Perhaps he is a Putin Wannabe.

Toast
Guest

Happened to me whne a boss hired someone and my boss would not give me a raise even though I worked there for a long time and got a raise less than a month before minimun wage was increased. Pain in the ass.

Fred Werner
Guest

here is some one who studies economics, try to open you mind and understand the big picture of what mandatory minimum wages do..

http://bastiat.mises.org/2014/01/hazlitt-explains-minimum-wage-laws/

Sherill Weber
Guest

Fred,,,thank you. See what I wrote about the contractors and their contracts.

Fred Werner
Guest

there are almost 2 million below minimum wage
who evidently wouldn’t be affected by an increase since for some reason
they don’t make minimum any way? waitresses and waiters come to mind

http://www.bls.gov/cps/minwage2012tbls.htm

RBear0
Guest

1.6 is correct. Salaried workers would not be affected?

Wayne Wilhelm
Guest

It’s not uncommon for waitresses / waiters to earn over $20 an hour. They live off of their tips.

Fred Werner
Guest

After tips most certainly

Jeff Turnage
Guest

Even if that 1.6 million number is correct, you do realize that raising the minimum wage doesn’t just apply to those currently receiving minimum wage. It’s a raise for everyone making less than $10.10 per hour, which is tens of millions.

John
Guest

Especially with this administration you GOTTA READ THE SMALL PRINT;

jeff
Guest

Jeff he is only raising the minimum wage of people with future federal contracts.

jaswim
Guest
This is one area where I can neither agree with the right or left. I believe there should be an increase in the minimum wage from $7.25 to $8.25 an hour. However, I won’t argue that Obama is asking for too great an increase and I also agree that such a drastic increase will result in more lost jobs. At the same time I really get frustrated when the right argues against any kind of increase in minimum wage. In one breath some will be talking about how Obamas policies, especially Obamacare, are killing our economy, but mention an increase… Read more »
jims_blog
Guest

“SCATHING” BUT “TRUE”!!! And congress has given him unilateral athority to “DECLARE “MARSHALL LAW”, get over it we have “NO” help from the political front either!!! “IMPEACH” oboma before “WE THE PEOPLE” REGRET EVERYTHING OBOZO TRIES!!! i “hate” THIS “Lying” bastard!!!

Sherill Weber
Guest

Jaswin,,,ignore what that idiot said to you.

Daryl Watson
Guest

Government has no legal authority to be involved in wages. That is between the worker and the and the employer. Minimum wage should be 000000000000000 now there’s a real minimum wage. If your 52 and making minimum wage then you are a failure.

jaswim
Guest
Government has no legal authority to be involved in wages, really, so why did they pass the Fair Standard Labor Act of 1938? I guess you must of never opened your History book in school and read about the days when there were sweatshops in America and how many people were underpaid, lived in deplorable conditions, and taken advantage of while the rich “Robber Barrons,” got richer. Did you skip the story of the Triangle Waist Shirt Factory or the story of how children who worked in the coal mines growth was stunted from being bent over so long. Did… Read more »
Immyowngrandpa
Guest

Wow Daryl. I agree with your comment except for the last sentence!! You must live a perfect life in your little corner of the world. Unfortunately, Jaswin’s story is not uncommon. We’ve heard of CEO’s losing it all and now deliver pizzas as one of two or three jobs to make ends meet! Go to your local home improvement store or fast food joint and ask older workers what they used to do for a living. Be warned!! That may require you to leave your Mom’s basement and go see what the real world is like. I’ll echo Sherill’s comments!!

Daryl Watson
Guest
I don’t live in my mom’s basement, she never had a basement and she passed away a few years ago. I deleted my comment and apologize. I retired in 2009 and am now living in the Philippines. Could not afford to live in the USA on my social security and “one hell of a retirement” of $282.22. Total monthly income of $1,599.22. I am conservative have never voted for a democrat or a 3rd party. I am a tea party advocate and will vote for whoever is on the republican ticket, even Christie, whew that stinks. Hoping one of the… Read more »
Sherill Weber
Guest

Daryl it takes a big person to come back and apologize for what they said. We all really do have our stories and what we have had to do in order to survive and take care of ourselves. I would also like to apologize to you for calling your what I did. You also have a good day and GOD bless you also.

Sherill Weber
Guest
How can you say that? Obviously you have never had to walk in her shoes. You don’t know her. How dare you call her a failure. She is no failure. She got knocked down and is struggling to get back up on her feet and your royal butt sits there and calls her a failure???? A failure is somebody who totally gives up and expects the government to pay them and take care of them. Oh that’s right,,,you are probably retired living on social security of one he&& of a good pension. And I’m sorry that I have to say… Read more »
Sherill Weber
Guest

Jaswim I missed this in our other postings we wrote to each other. I mentioned to you I would use your story. On April 15th, I am attending a Tea Party rally,,your story is coming with me. I told you in our other postings to each other how you can reach me. That IS open to you.

jaswim
Guest

Thanks, I appreciate the support.

waterdog
Guest

Both political parties live in there dream world, there mantra is ( Its there fault not ours ). I hope you land in a safe place where you will thrive. Keep looking up, you are not alone.

jaswim
Guest

TY

Gary Hardwick
Guest

Simplify the whole damn thing by tying a raise to the minimum wage much like the raise to the “federal” and military percentages.

Sal Ciccio
Guest

The government has no business in dictating the nature of compensation! Its only role is adjudication contractual differences between employer and employee!

jims_blog
Guest

Exactly, but according to the “BOY KING” it IS his responsibility!!! Which I have “NEVER UNDERSTOOD”!!!

Joseph Robb
Guest
I am by no means an expert on the topic, but it was a thought of mine that this would just make more employers hire independent contractors instead of hourly employees. I had to find work at a repo company where there was no hourly wage, just my cut of every car I found and towed. If I didnt find a car, I didn’t get paid for my time. I drove around sometimes for days without finding anything, wearing body armor for much less than minimum wage. At companies like this you are only paid if you produce, or pay… Read more »
swampwiz
Guest

I am sure that you would not have been doing that kind of job if the net income were less than that fro ma minimum wage job.

jims_blog
Guest

even if it’s the “ONLY” job available? If so your “kidding” yourself!!!

Brent Alberts
Guest

Would sure like to see your documentation proving only 1.6 million earn minimum wage right now. Not buying it.

Kent Betts
Guest

I agree. Minimum wage recipients are legion. Many with college degrees, but that is another topic.

jims_blog
Guest

I’ve known “Strippers” with degrees, it’s all in how you prize yourself!!! obozo doesn’t “prize or value any “AMERICAN” especially a “WHITE” AMERICAN trying to better themselves!!! It’s “ALL ABOUT HIM”!!! The wanna be “BOY KING”!!! IMPEACH oboma!!! HE “HATES YOU”!!!

Dean Ames
Guest

there are more than 16 million people that earn $8.35 or less per hour and about 8 million that earn minimum wage, not 1.6 million. would someone please get the true statistics before posting things like this….the rise of the minimum wage to $10.10 will be almost catastrophic to the economy.

jims_blog
Guest

Read on “infowars” Feb14 obozo had “DECLARED MARSHALL LAW”, so what do ya think about minium wage, it’s “ALL” in obozos mind, and futhermore, Moochella” said last year when they went to Africa, Moochella said brrack didn’t want to visit “HIS” HOMELAND” “KENYA”, would someone please “EXPLAIN” why our reps. are being “STUPID IDIOTS”, Impeach the “TRAITOR BASTARD”
!!!

Sherill Weber
Guest

This is the information I found on it. But it was based on 2012. There were 3.6 million hourly paid workers in the US with wages at or below the federal minimum wage of $7.25 per hour. At that time those workers made up 4.7% of the 75.3 million workers age 16 and over who were paid at hourly rates. Now that was in 2012 and with all that’s come on since I’m sure that figure has increased.

abbypatch
Guest

Question Sherill: Does that 3.6 million includes waitresses/servers in the restaurant business? The reason I ask is because they are exempt from minimum wage requirements due to the tips they receive and should NOT be counted in that total.

Sherill Weber
Guest

Here’s another link,,,this is the one where I got the figures from and farther down on it,,,,it mentions tips adding to wages which I’m thinking would be waitresses/servers. Here’s the link for you. http://www.bls.gov/opub/ted/2013/ted_20130325.htm

Sherill Weber
Guest

Hi,,,The table I found I believe included that in the figures. Of course I neglected to bookmark that one. I can’t find it again but I found another one from the bureau. On this one the figures are quoted as 75.3 millions work at minimum or below minimum wage. It gives a better breakdown. I’m giving you the link so you can see for yourself. This time I’ll make sure I bookmark it. 1.6 million is mentioned in this one. http://www.bls.gov/cps/minwage2012.htm

jayceej
Guest
I would question that 1.6 million figure as well. Even if that were the true figure at 7.25, what about all the others between that and 10.10? However, I am more concerned about those who are not going to get any raise. I am on a pretty low fixed income. I am doing fine, but if minimum wage goes that high, prices will rise, and then what? One follows the other. It is a never ending cycle. We need to be more concerned with putting people back to work. When there is a need for more workers, wages will rise… Read more »
Sherill Weber
Guest

I think he forgot to put the percent sign in 1.6. I found figures for 2012 which was posted by the US Depart of Labor on March 25, 2013. At that time it was 3.6 million and taking that into 313.9 people in the US I came up with 1.1% for 2012. I posted the info I found below under Dean Ames.

swampwiz
Guest

There should be a program of guaranteed income, which would serve the purpose, among others, of obviating the need for minimum wage in the first place. Of course, with such a program around, there would be a lot less desperate folks who would take such a Dickensian job.

Betty
Guest

All hes causeing is a dominio effect that will hurt everyone .Obama cant figure out anything .Oh he dont want to do the right thing ,hes here to pay whities back ,But it will effect everyone .hes a real dumbass

jims_blog
Guest

I read on “infowars on Feb 14 obozo declared “MARSHALL LAW” , here it comes kiddies!!! The traitor has “DECIVED” the “WORLD” especially the American People. Here it comes “kiddies”!!!

TomJoadisJob
Guest

http://www.bls.gov/cps/minwage2011.htm

Among those paid by the hour, 1.7 million earned exactly the prevailing Federal minimum wage of $7.25 per hour. About 2.2 million had wages below the minimum.2 Together, these 3.8 million workers with wages at or below the Federal minimum made up 5.2 percent of all hourly-paid workers.

TomJoadisJob
Guest

http://www.businessweek.com/articles/2014-02-13/making-the-economic-case-for-more-than-the-minimum-wage

The argument that a wage floor kills jobs has been weakened by careful research over the past 20 years, beginning with a seminal 1994 study by David Card of the University of California at Berkeley and Alan Krueger of Princeton. The duo compared employment in fast-food restaurants in New Jersey, which had just enacted a minimum wage hike, with fast-food restaurants across the border in Pennsylvania, which had kept its rate the same. The result: no reduction in New Jersey’s employment rolls.

TomJoadisJob
Guest

http://www.forbes.com/sites/beltway/2014/02/11/raising-the-minimum-wage-would-be-good-for-wal-mart-and-america/

Each year Wal-Mart’s struggling employees receive billions of dollars in government social welfare benefits, with the costs borne by the general taxpayer.

TomJoadisJob
Guest

http://www.dailyfinance.com/2014/02/16/the-shocking-decline-of-americas-real-minimum-wage/

Today’s minimum wage earners are making less than their parents (or grandparents) might have made on an adjusted basis — the current nominal $7.25 hourly rate has not been matched in real terms since the early ’80s.

lokiswife
Guest

Here’s a story about someone who was making minimum wage at his job, working his way up from janitor to teacher to principal of the school where he worked as a janitor.

http://www.cbsnews.com/news/louisiana-principals-success-is-a-lesson-in-perseverance/

jims_blog
Guest

Question, off topic, I read this morning on “infowars” oboma has “DECLARED MARSHALL LAW on Friday the 14th, in preparation for Israel striking Iran, have any ideas as the truth?

Sherill Weber
Guest

Friday the 14th? That’s passed. But I was reading something last night about Israel taking a stand. I can’t find it now. Can you post the link of what you found?

youngka
Guest
I love getting your emails Allen West! …..Does anyone in Govt. have ANY common sense…? Just making up laws here and there when the mood hits him…? You raise minimum wage (in this case, WHY just one GROUP got a raise) and GUESS WHAT? Prices go up for the WHOLE public…..soooooo, now—it didn’t help, just another step up in poverty….. If I got 2% raise at the job of 26 years—-I HAD TO work my butt off….and since I was ALREADY doing that there was no way I’d ever get a raise…There are only so many hours in a day… Read more »