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In reply to the discussion: Obama pushes $9 minimum wage bill in visit to red state Texas [View all]ProSense
(116,464 posts)6. And here is Harkin's statement
http://www.harkin.senate.gov/press/release.cfm?i=339662
Also, the President's proposal ties the minimum wage to inflation.
Who knew that someone would find the President pushing an increase to the minimum wage upsetting?
Also, the President's proposal ties the minimum wage to inflation.
Raise That Wage
By PAUL KRUGMAN
President Obama laid out a number of good ideas in his State of the Union address. Unfortunately, almost all of them would require spending money and given Republican control of the House of Representatives, its hard to imagine that happening.
One major proposal, however, wouldnt involve budget outlays: the presidents call for a rise in the minimum wage from $7.25 an hour to $9, with subsequent increases in line with inflation. The question we need to ask is: Would this be good policy? And the answer, perhaps surprisingly, is a clear yes....the current level of the minimum wage is very low by any reasonable standard. For about four decades, increases in the minimum wage have consistently fallen behind inflation, so that in real terms the minimum wage is substantially lower than it was in the 1960s. Meanwhile, worker productivity has doubled. Isnt it time for a raise?
Now, you might argue that even if the current minimum wage seems low, raising it would cost jobs. But theres evidence on that question lots and lots of evidence, because the minimum wage is one of the most studied issues in all of economics. U.S. experience, it turns out, offers many natural experiments here, in which one state raises its minimum wage while others do not. And while there are dissenters, as there always are, the great preponderance of the evidence from these natural experiments points to little if any negative effect of minimum wage increases on employment.
<...>
So Mr. Obamas wage proposal is good economics. Its also good politics: a wage increase is supported by an overwhelming majority of voters, including a strong majority of self-identified Republican women (but not men). Yet G.O.P. leaders in Congress are opposed to any rise. Why? They say that theyre concerned about the people who might lose their jobs, never mind the evidence that this wont actually happen. But this isnt credible...todays Republican leaders clearly feel disdain for low-wage workers. Bear in mind that such workers, even if they work full time, by and large dont pay income taxes (although they pay plenty in payroll and sales taxes), while they may receive benefits like Medicaid and food stamps. And you know what this makes them, in the eyes of the G.O.P.: takers, members of the contemptible 47 percent who, as Mitt Romney said to nods of approval, wont take responsibility for their own lives.
- more -
http://www.nytimes.com/2013/02/18/opinion/krugman-raise-that-wage.html
By PAUL KRUGMAN
President Obama laid out a number of good ideas in his State of the Union address. Unfortunately, almost all of them would require spending money and given Republican control of the House of Representatives, its hard to imagine that happening.
One major proposal, however, wouldnt involve budget outlays: the presidents call for a rise in the minimum wage from $7.25 an hour to $9, with subsequent increases in line with inflation. The question we need to ask is: Would this be good policy? And the answer, perhaps surprisingly, is a clear yes....the current level of the minimum wage is very low by any reasonable standard. For about four decades, increases in the minimum wage have consistently fallen behind inflation, so that in real terms the minimum wage is substantially lower than it was in the 1960s. Meanwhile, worker productivity has doubled. Isnt it time for a raise?
Now, you might argue that even if the current minimum wage seems low, raising it would cost jobs. But theres evidence on that question lots and lots of evidence, because the minimum wage is one of the most studied issues in all of economics. U.S. experience, it turns out, offers many natural experiments here, in which one state raises its minimum wage while others do not. And while there are dissenters, as there always are, the great preponderance of the evidence from these natural experiments points to little if any negative effect of minimum wage increases on employment.
<...>
So Mr. Obamas wage proposal is good economics. Its also good politics: a wage increase is supported by an overwhelming majority of voters, including a strong majority of self-identified Republican women (but not men). Yet G.O.P. leaders in Congress are opposed to any rise. Why? They say that theyre concerned about the people who might lose their jobs, never mind the evidence that this wont actually happen. But this isnt credible...todays Republican leaders clearly feel disdain for low-wage workers. Bear in mind that such workers, even if they work full time, by and large dont pay income taxes (although they pay plenty in payroll and sales taxes), while they may receive benefits like Medicaid and food stamps. And you know what this makes them, in the eyes of the G.O.P.: takers, members of the contemptible 47 percent who, as Mitt Romney said to nods of approval, wont take responsibility for their own lives.
- more -
http://www.nytimes.com/2013/02/18/opinion/krugman-raise-that-wage.html
Who knew that someone would find the President pushing an increase to the minimum wage upsetting?
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more crappy framing from Obama - the word he needs to use is "republicans" NOT Congress nt
msongs
May 2013
#10
I'm sorry, but you haven't been paying attention. The president HAS been blaming Republicans
Liberal_Stalwart71
May 2013
#14
It's worse than that. It's a fucking insult as long as the President is simultaneously
woo me with science
May 2013
#20
Don't tell me it's not a shameful pittance! I've been on minimum wage for 5 yrs now.
Cobalt Violet
May 2013
#24
Nor are the people who would be thrilled to get $9 an hour be shameful, either.
freshwest
May 2013
#28
I want to see him push for parity for tipped workers, not the $2.13/hour BS currently
CreekDog
May 2013
#37
The Third Way specializes at mocking the impoverishment of millions.
woo me with science
May 2013
#79
Yep. While acknowledging that we're not where I want to be, I appreciate the progress that is made.
Warren DeMontague
May 2013
#48
Thanks for putting words in my mouth. That's always a good tactic when trying to make a point.
Dawgs
May 2013
#74
Problem is trying to mandate a "living wage" would be difficult considering
cstanleytech
May 2013
#82