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Obama calls for raising minimum wage to $9 an hour
Associated Press ^ | Feb 12, 2013 9:19 PM EST | Jim Kuhnhenn

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. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Government; News/Current Events; US: District of Columbia
KEYWORDS: antibusiness; antimanufacturing; liberalagenda; minimumwage; obama
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Hmm. San Francisco raised its minimum wage to $10.29/hour and it damaged employment and business in general.
1 posted on 02/12/2013 9:07:22 PM PST by Olog-hai
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To: Olog-hai

That will do wonders for the employment situation.


2 posted on 02/12/2013 9:10:36 PM PST by Vince Ferrer
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To: Olog-hai

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).


3 posted on 02/12/2013 9:12:08 PM PST by Ouchthatonehurt
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To: Olog-hai

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.


4 posted on 02/12/2013 9:16:32 PM PST by Bryan
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To: Olog-hai

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?


5 posted on 02/12/2013 9:17:15 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: Olog-hai
Mark my words. The stock market will drop significantly tomorrow not only for this minimum wage advocacy but for the SOTU overall. Not since FDR has there been a president more at war with business than Zero.
6 posted on 02/12/2013 9:17:30 PM PST by re_nortex
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To: Olog-hai

Jumping the min wage to $9 per hr would be inflation on steroids


7 posted on 02/12/2013 9:19:57 PM PST by SeminoleCounty (GOP = Greenlighting Obama's Programs)
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To: Olog-hai

If $9/hour minimum is good, then $50/hour would be great! Right?


8 posted on 02/12/2013 9:21:04 PM PST by PGR88
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To: Olog-hai

Why $9.00 an hour. If your into this minimum wage thing and you think it really matters go for $20.00 an hour.


9 posted on 02/12/2013 9:21:32 PM PST by Wiggins
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To: Olog-hai

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.


10 posted on 02/12/2013 9:23:09 PM PST by Sequoyah101
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To: re_nortex

” 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.


11 posted on 02/12/2013 9:25:08 PM PST by AlexW
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To: 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.”

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

http://www.shadowstats.com/article/no-438-public-comment-on-inflation-measurement

http://www.shadowstats.com/


12 posted on 02/12/2013 9:28:13 PM PST by kaehurowing
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To: Olog-hai

This is insane.


13 posted on 02/12/2013 9:30:42 PM PST by Salvation ("With God all things are possible." Matthew 19:26)
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To: Olog-hai

Make the mimimum wage $100 per hour and overtime after 5 hours a day.


14 posted on 02/12/2013 9:32:51 PM PST by P-Marlowe (There can be no Victory without a fight and no battle without wounds.)
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To: re_nortex

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.


15 posted on 02/12/2013 9:32:59 PM PST by GeronL (http://asspos.blogspot.com)
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To: 2ndDivisionVet
Wouldn’t it be great to have a president who has actually worked a real job in the real world?

Wouldn't it be great if we had a president who wasn't a communist fool and servant of the devil?

16 posted on 02/12/2013 9:35:23 PM PST by Bullish (This usurper is leaving one hell of a poop stain on our Constitution)
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To: Olog-hai

Still not done putting Americans out of work.


17 posted on 02/12/2013 9:35:52 PM PST by <1/1,000,000th%
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To: Olog-hai

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.


18 posted on 02/12/2013 9:37:24 PM PST by Anitius Severinus Boethius (www.wilsonharpbooks.com)
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To: Olog-hai

and all the happy little union elves dance their jig.

because they will demand raises if the lowest skilled workers get an increase.


19 posted on 02/12/2013 9:37:47 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: kaehurowing

“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.”


20 posted on 02/12/2013 9:38:04 PM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: GeronL

“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.


21 posted on 02/12/2013 9:39:46 PM PST by AlexW
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To: lepton

I hate AutoCorrect.


22 posted on 02/12/2013 9:39:46 PM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: Anitius Severinus Boethius

put the working poor into the highest tax bracket!

ha, flat tax.

heh


23 posted on 02/12/2013 9:39:59 PM PST by GeronL (http://asspos.blogspot.com)
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To: kaehurowing

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 don’t 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.


24 posted on 02/12/2013 9:42:14 PM PST by saintgermaine
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To: P-Marlowe

“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....


25 posted on 02/12/2013 9:43:25 PM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: Olog-hai

President Clueless.


26 posted on 02/12/2013 9:43:37 PM PST by DennisR (Look around - God gives countless, indisputable clues that He does, indeed, exist.)
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To: Olog-hai

Here in North Dakota, you can’t get anyone to work for only $9/hr.


27 posted on 02/12/2013 9:48:18 PM PST by upsdriver ( Palin/West '16)
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To: GeronL

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


28 posted on 02/12/2013 9:49:14 PM PST by Fai Mao
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To: PGR88

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?


29 posted on 02/12/2013 9:54:49 PM PST by kevao (.)
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To: Olog-hai
Hmm. San Francisco raised its minimum wage to $10.29/hour and it damaged employment and business in general.

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.

30 posted on 02/12/2013 10:11:10 PM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: Olog-hai

9.00...OK, but why stop there, now that the rules of economic forces no longer apply to the economy...


31 posted on 02/12/2013 10:13:10 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: re_nortex
Mark my words. The stock market will drop significantly tomorrow not only for this minimum wage advocacy but for the SOTU overall. Not since FDR has there been a president more at war with business than Zero.

So how does this guy, and Dems generally, draw so much corporate support?

32 posted on 02/12/2013 10:14:56 PM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: Olog-hai

Hey, lets raise minimum wage to one million dollars an hour! We will all be rich?

What could go wrong?


33 posted on 02/12/2013 10:16:20 PM PST by donmeaker (Blunderbuss: A short weapon, ... now superceded in civilized countries by more advanced weaponry.)
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To: Anitius Severinus Boethius; donmeaker

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.


34 posted on 02/12/2013 10:21:56 PM PST by Terry Mross (How long before America is gone?)
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To: Olog-hai
Obama calls for raising minimum wage to $9 an hour

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!!



/sarc

35 posted on 02/12/2013 10:25:21 PM PST by DustyMoment (Congress - another name for anti-American criminals!!)
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To: Olog-hai

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.)


36 posted on 02/12/2013 10:27:11 PM PST by TBP (Obama lies, Granny dies.)
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To: Vince Ferrer
That will do wonders for the employment situation.


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

37 posted on 02/12/2013 10:33:35 PM PST by rdcbn
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To: Olog-hai; All

Wow, he wants to pay as much as Walmart.


38 posted on 02/12/2013 10:42:30 PM PST by gleeaikin
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To: rdcbn
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.

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.

39 posted on 02/12/2013 10:49:47 PM PST by Vince Ferrer
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To: AlexW

“Marxist/Leninist life for all, with an onion in every pot.”
And NO MEAT with that onion, comrade! (Borscht, you can have/s;)


40 posted on 02/12/2013 10:56:23 PM PST by Frank_2001
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To: Olog-hai

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.


41 posted on 02/12/2013 10:58:38 PM PST by Figure11 (There's nothing an agnostic can't do if he doesn't know whether he believes in it or not.)
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To: Olog-hai

I can’t pay for 0bamaCare on $9 per hour. Better make it $100.


42 posted on 02/12/2013 11:13:08 PM PST by TigersEye (The irresponsible should not be leading the responsible.)
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To: Salvation

China doesn`t think so. Watch the outflow of manufacturing to that country if obama/soetoro gets his way.


43 posted on 02/12/2013 11:14:44 PM PST by Para-Ord.45
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To: Vince Ferrer

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!


44 posted on 02/12/2013 11:35:22 PM PST by Obama_Is_Sabotaging_America (PRISON AT BENGHAZI?????)
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To: Olog-hai

Zer0 is another moron utopian Harvard Socialist Utopian clone.


45 posted on 02/13/2013 12:05:49 AM PST by ChiMark (America no more)
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To: Olog-hai

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.


46 posted on 02/13/2013 12:52:24 AM PST by Iron Munro (I miss America, don't you?)
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To: re_nortex

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.


47 posted on 02/13/2013 1:58:04 AM PST by momincombatboots (Back to West by G-d Virginia.)
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To: Ouchthatonehurt

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.


48 posted on 02/13/2013 1:58:19 AM PST by albie (`)
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To: Anitius Severinus Boethius

what if they call your bluff and pass it?


49 posted on 02/13/2013 2:11:39 AM PST by cableguymn (The founding fathers would be shooting by now..)
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To: Olog-hai

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!


50 posted on 02/13/2013 2:54:17 AM PST by DH (Once the tainted finger of government touches anything the rot begins)
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