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Obama to sign order on federal minimum wage hike Wednesday
Reuters ^ | 2/12/14

Posted on 02/12/2014 6:50:50 AM PST by SoFloFreeper

...Obama will sign an executive order on Wednesday to raise the minimum wage for federal contract workers to $10.10 an hour starting next year, the White House said.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: taxes
Today is the day skilled workers begin getting the shaft by the Clown.
1 posted on 02/12/2014 6:50:50 AM PST by SoFloFreeper
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To: SoFloFreeper

Reuters, EAGER to engage in the worship of BO, put this in their story and DID NOT CHALLENGE the story :

“The executive order the president will sign today will benefit hundreds of thousands of people,” the White House said in a statement.

“It will also improve the value that taxpayers are getting from the federal government’s investment. Studies show that boosting low wages will reduce turnover and absenteeism, while also boosting morale and improving the incentives for workers, leading to higher productivity overall.”


2 posted on 02/12/2014 6:53:44 AM PST by SoFloFreeper
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To: SoFloFreeper

BAD move Obama.

America does NOT need higher wages.

However we need to be a whole lot more aggressive internationally, to bring back American jobs.

Jobs. Jobs. Jobs.


3 posted on 02/12/2014 6:54:26 AM PST by Cringing Negativism Network ( http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: SoFloFreeper

I’m waiting for the unions to renegotiate their wages keyed to this minimum. Obama is a tricky SOB. He’s perfectly capable of whipping up the parasites who, if they worked, would get minimum wage, while at the same time, making jobs harder for them to find and (his other objective) at the same time boosting the government paid wages of his union supporters.


4 posted on 02/12/2014 6:57:00 AM PST by Pearls Before Swine
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To: SoFloFreeper

If he raises the minimum wage for contract workers, then isn’t he increasing federal spending? And aren’t all spending increases supposed to originate in the House?


5 posted on 02/12/2014 6:58:36 AM PST by Maceman
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To: SoFloFreeper

Those who insist on a minimum wage should be forced to reimburse businesses that are forced to apply them.


6 posted on 02/12/2014 7:02:39 AM PST by windsorknot
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To: SoFloFreeper
Obama to sign order on federal minimum wage hike Wednesday

When the indonesian/kenyan usuper, der 0berFuhrer, emperor 0bama is removed, ALL ORDERS, LAWS, ACTS, etc. from his regime should be declared NULL and VOID, retroactive to noon Jan 20, 2009!

7 posted on 02/12/2014 7:04:46 AM PST by The Sons of Liberty (Who but a TYRANT shoves down another man's throat what he has exempted himself from?)
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To: SoFloFreeper

How many Federal Contract workers work for minimum wage now?
Can’t be that many - anyone know?


8 posted on 02/12/2014 7:06:44 AM PST by libertarian27 (FreeRepublic Cookbooks 2011 & 2012 - Click Profile)
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To: FReepers

Click The Pic To Donate

Support FR, Donate Monthly If You Can

9 posted on 02/12/2014 7:14:51 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: SoFloFreeper

who gives a flip?

we need to concentrate attention
on —> Obamacare <—.


10 posted on 02/12/2014 7:23:25 AM PST by RockyTx
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To: SoFloFreeper

“It will also improve the value that taxpayers are getting from the federal government’s investment. Studies show that boosting low wages will reduce turnover and absenteeism, while also boosting morale and improving the incentives for workers, leading to higher productivity overall.”

I just love those satire articles.


11 posted on 02/12/2014 7:34:49 AM PST by UCANSEE2 (I forgot what my tagline was supposed to say)
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To: SoFloFreeper

well it’s good they passed(well in the house) debt limit because government is going to need the money ,D’oh


12 posted on 02/12/2014 7:36:47 AM PST by molson209 (Hillary Clinton)
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To: libertarian27
Can’t be that many - anyone know?

Even if there is only one, it doesn't matter. UNION wages are based on Federal Minimum Wage. It goes up, so does theirs.

That is what is at issue.

13 posted on 02/12/2014 7:37:47 AM PST by UCANSEE2 (I forgot what my tagline was supposed to say)
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To: SoFloFreeper

...and all the government contract workers and unions who pay is linked to the lowest federal pay get a raise!


14 posted on 02/12/2014 7:37:55 AM PST by Atlas Sneezed ("Income Inequality?" Let's start with Washington DC vs. the rest of the nation!)
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To: SoFloFreeper

Obama is a POLITICIAN, and every politician realizes that promoting “a raise for America” is a sure winner at the polls.

Nobody has ever been turned out of office for supporting a hike in the minimum wage.

This has absolutely nothing to do with economics; it has everything to do with winning elections.


15 posted on 02/12/2014 7:56:36 AM PST by Walrus (America died on November 6, 2012 --- RIP)
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To: SoFloFreeper

Someone is going to bid a contract using the DOL SCA approved rates that are below this $10.10 decree. They will lose the bid and will protest, taking the issue to court. I will be watching


16 posted on 02/12/2014 7:58:38 AM PST by centurion316
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To: Maceman

You expect boehner to speak against his lord and master?


17 posted on 02/12/2014 8:14:58 AM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: LibLieSlayer
You expect boehner to speak against his lord and master?

No, but I'm curious as a matter of Constitutional law, even though there is no more Constitutional law.

18 posted on 02/12/2014 8:22:59 AM PST by Maceman
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To: UCANSEE2

If they were honest, they’d tell you what really happens.

The owner of a business can spend X number of dollars per hour per laborer. When the government does not interfere, the owner employs as many employees as he can to provide good service. Good service equals happy customers and happy customers equal more revenue.

When the government dictates you must pay X+2 dollars per hour per laborer, the business owner is forced to reduce the amount of labor he buys so that it falls within his budget. But, the amount of labor required to provide good service does not decrease with the amount of laborers, leading to greater loads on the remaining workforce. These employees become less happy and provide worse service (at the additional cost dictated by the government). Lower levels of service equal less happy customers and less happy customers give less revenue to the business.

On top of that, in the first example, more employees are making money and the business makes more money. More revenue for laborers and owners equal more taxes paid to the government. The converse is true in the second example.

Our politicians and journalists have no understanding of the labor market.


19 posted on 02/12/2014 8:37:52 AM PST by Dexter Morgan (Everyone hides who they are.)
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To: Maceman

We are of like minds then... lawlessness perpetrated by lawmakers and law enforcers. George Washington weeps for us.


20 posted on 02/12/2014 8:57:23 AM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: SoFloFreeper

Inflation to ensue.


21 posted on 02/12/2014 9:34:10 AM PST by Vaduz
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