Skip to comments.Obama calls for raising minimum wage to $9 an hour
Posted on 02/12/2013 9:07:11 PM PST by Olog-hai
President Barack Obama wants an increase in the minimum hourly wage from the current $7.25 to $9 by the end of 2015. Obama also proposes the minimum wage be required to keep pace with inflation.
The proposal, which Obama made during his State of the Union address Tuesday, is sure to draw opposition from business groups and congressional Republicans who say higher rates increase costs and reduce employment.
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That will do wonders for the employment situation.
He knows it will never pass.
All it was about is showing that he cares for the little guy (while he is busy actually enslaving him).
This will bring us a lot closer to $5.00 a gallon gasoline and the $10.00 Happy Meal — not to mention more expensive motel rooms. Businesses that employ minimum wage workers will either shut down, or jack up their prices. Generally that means retail stores, gas stations, motels and restaurants.
Why not $25/hr or more? Wouldn’t it be great to have a president who has actually worked a real job in the real world?
Jumping the min wage to $9 per hr would be inflation on steroids
If $9/hour minimum is good, then $50/hour would be great! Right?
Why $9.00 an hour. If your into this minimum wage thing and you think it really matters go for $20.00 an hour.
Oh hell, just make it $38 an hour and make it equal to welfare payments and all the other crap.
No wait, that is tax free stuff. Never mind. They won’t work for $38 an hour if you give ‘em welfare better make it $45... that’ll fix it.
” Not since FDR has there been a president more at war with business than Zero. “
Obozo’s attitude is that we don’t need no stinkin private biznes...Communisim do be da peoples biznes.
Marxist/Leninist life for all, with an onion in every pot.
“President Barack Obama wants an increase in the minimum hourly wage from the current $7.25 to $9 by the end of 2015. Obama also proposes the minimum wage be required to keep pace with inflation.”
This is the same federal government that has fraudulently manipulated CPI reporting to conclude there is no inflation, when in fact inflation is presently running at more than 10% per annum.
For discussion of how the federal government manipulates the CPI reporting see
This is insane.
Make the mimimum wage $100 per hour and overtime after 5 hours a day.
The stock market bears little relation to business. Large institutional traders are not necessarily on our side. Many large business are on the dole and get favors from government to limit their competition.
Wouldn't it be great if we had a president who wasn't a communist fool and servant of the devil?
Still not done putting Americans out of work.
I would love, love, LOVE for the GOP in the house to pass a $100/hour minimum wage bill. Then when the Senate and President oppose it, just run on that:
The Republicans wanted to give you a $100/hour minimum wage, but the Democrats said “No!”. The Democrats say they are for the working poor, but when the bill came to them, they turned you down.
Make the Democrats try to explain to the “low information voters” (i.e. stupid people) why they voted it down.
and all the happy little union elves dance their jig.
because they will demand raises if the lowest skilled workers get an increase.
“President Barack Obama once to Federally bar low skilled workers who cannot yet produce more than nine dollars an hour worth of labor from any employment whatsoever.”
“The stock market bears little relation to business.”
As I have said for some time now...It is no longer your father’s stock market.
It is computers doing the “pump and dump” scam, much to delight of Soros, the Hungarian, and his ilk.
I hate AutoCorrect.
put the working poor into the highest tax bracket!
ha, flat tax.
The Illinois governor wants the minimum wage at $ 10.00/hr. If he succeeds it will just put some more kids on the streets, especially from minorities who in turn will peddle dope and when things dont work out they just shoot up the place and each other and once again we will have Chicago in the lead with the murder rate. And what will they do next? Scream their bloody heads off that we need stricter gun control.
President Barack Obama wants to Federally bar low skilled workers who cannot yet produce more than nine dollars an hour worth of labor from any employment whatsoever.
There...corrected for autoCorrect....
Here in North Dakota, you can’t get anyone to work for only $9/hr.
Actually poster that is not to far off.
If they raise the minimum wage to $9 or $10 an hour but do not adjust the tax tables then more lower income people pay taxes. Couple that with a reduction in the work week to increase over time and suddenly a lot more people become tax payers
Of course inflation rises but then the low income people simply ask the government for help which because it is now taxing a greater percentage of the population it can give.
In a sense so tax reforms could go for this as it is a way to spread the tax base to the stupid. If done as a one time deal it would effectively debase the currency which would then stabilize at lower level. So $10 an hour would equal $.50 an hour before but now the $.50 an hour workers would pay income tax.
But I doubt Obama is smart enough to have figured that out
I wonder, if Boehner had the balls to force through the House a bill raising minimum wage to $100/hr, what would the Democrat Senate and Obama do with it? Stand with greedy corporations to deny working Americans a “living wage,” or pass it, knowing the unemployment rate would go to 95% in less than a month?
You can tell they're not too upset about that. In the the name of helping the poooor, they price themselves out of hiring very many entry-level workers.
9.00...OK, but why stop there, now that the rules of economic forces no longer apply to the economy...
So how does this guy, and Dems generally, draw so much corporate support?
Hey, lets raise minimum wage to one million dollars an hour! We will all be rich?
What could go wrong?
What makes you think the dems wouldn’t vote for it? When companies start laying off it’ll be the corporations’ fault.
don, not long after Beck’s TV show started some black guy suggested giving everyone a million dollars.
Why $9? Why not $15? Or $25?
I know, let's make America a country of millionaires and make the minimum wage $250/hr!? I mean, why should lawyers get that much money when a moron who dropped out and can't sweep floors DOESN'T!?? After all, fair is fair!!
Republicans have an opening here. They should introduce a bill to raise the minimum wage to $50 an hour, then accuse the Democrats of not wanting working people to have decent wages. The Democrats will be forced to explain why raising it that high will kill jobs. then they’ve made our argument for us. Meanwhile, the GOP makes the Democrats look uncaring nad unfeeling (which they are.)
Well, I don't know about you, but I am so relieved that when this passes, people will have enough money to pay their astronomical Obamacare health care cost increases.
Who dares say that Obama is not a genius at these things
Wow, he wants to pay as much as Walmart.
This really benefits the business owners. Obmacare increases their costs per employee, but raising the minimum wage raises the cost per employee. Oh wait, it doesn't benefit them. Well, I guess they will have to lay off more minimum wage people.
“Marxist/Leninist life for all, with an onion in every pot.”
And NO MEAT with that onion, comrade! (Borscht, you can have/s;)
No minimum wage, abolish all workplace safety laws, allow employers to hire whoever they want regardless of sex, and religion or color. Abolish workplace harassment laws and affirmative action programs. That’ll fix the economy.
I can’t pay for 0bamaCare on $9 per hour. Better make it $100.
China doesn`t think so. Watch the outflow of manufacturing to that country if obama/soetoro gets his way.
While avg. middle class America sees a reduction in yearly salaries.. Just ‘leveling the playing field’ I guess. Illegals from Mexico are on their way!
Zer0 is another moron utopian Harvard Socialist Utopian clone.
Obama is like a kid that stole his mother’s grocery money and spent it on candy and soda for his pals.
They all love him and think he is a great guy.
Meanwhile, his mother had to buy food for the family on credit with no way to pay it back.
I do not share your belief in Wall Street. The stock market has been happily sucking on the teet of Free Gov’t money and it will not stop soon. It may go down like it always does after he speaks to make adjustments, but it will soar again. The stock market priced in gold however, ouch reality. Wall Street has a big interest in Uncle sugar’s monetary policy. Maybe you will be right, but the stock market has been disconnected from our economy and every other country’s economy for some time. It only makes minor adjustments to major shifts. Crony Capitalism Alert. Correction... President of recovery illusion alert.
I agree. It’s to keep the “regular guy” (uninformed voter) on his side. Many businesess already pay $9.00+ per hour. They have to because they’re competing with unemployment benefits and entitlement benefits.
what if they call your bluff and pass it?
It’s all “smoke and mirrors.”
$9.00 is not $9.00.
An employer also has additional costs that come with that figure.
An increase in the employer’s Social Security matching payment.
An increase in unemployment compensation costs based upon payroll to the state and federal government.
An increase in workman’s compensation costs based upon payroll.
A decrease in net profits of the business.
An increase in the costs of doing business.
And, depending on the state, a whole host of other increases in cost of doing business.
You can bet that $9.00 will turn out to be over $15.00 per hour after all of the smoke clears.
I own a small business and I can tell you that any increase in the minimum wage is a Fascist move by the government to trick the population paying more taxes through an increased wage structure.
The “icing on the cake” is that higher employee costs does not help minimum wage workers.....it get’s them fired!