Posted on 07/20/2014 12:20:10 PM PDT by Hojczyk
On Saturday, President Obama used his weekly address to highlight recent positive economic indicators as an argument for raising the minimum wage and increasing spending on roads, infrastructure, and job training.
The president said, "Over the past 52 months, our businesses have created nearly 10 million new jobs. The unemployment rate has fallen to its lowest point since 2008." He added, "In fact, for the first time in over a decade, business leaders worldwide have declared that China is no longer the world’s best place to invest – America is."
"Our economy grows best not from the top-down, but from the middle-out. We do better when the middle class does better," he continued. "So we have to make sure that we’re not just creating more jobs, but raising middle-class wages and incomes. We have to make sure our economy works for every works for every American."
He said, “We should fight for fair pay and paid family leave,” adding we need to “reform our job training system into a job-driven training system.”
The president also threw in a pitch for immigration reform, saying, “We should pass commonsense immigration reform that strengthens our borders and our businesses, and includes a chance for long-time residents to earn their citizenship.”
(Excerpt) Read more at breitbart.com ...
Just like the LEGO movie song.
“Everything is awesome”
I saw a “crawl” on FNC yesterday moron that had me busting a gut. Barry’s Department of “Fun With Numbers” released info that the 13 states who raised their minimum wage are hiring like crazy. Jobs are everywhere! Those states that didn’t raise their minimum wage, not so much. The big 13 saw an increase of something like 0.83%. Those who didn’t raise the minimum wage saw an increase of only 0.65%. Ya, I know. You need a magnifying glass.
More babbling from Fantasyland.
Hey, tard - wages aren’t keeping up inflation - bread is 5 dollars a loaf, gas is 4.50 a gallon - there’s 50 million on food stamps and 30 million out of work - yeah, everything’s so freaking good
He’s saying it deliberately, in celebratory fashion. He knows how lousy the economy is. He’s saying it deliberately so it sticks in the craw of every American. What a miserable miscreant this bastard is.
Take away Federal Reserve stimulus and then let’s see how strong the economy is.
I guess you have to have classes to have class warfare. Wouldn’t it be better if we were all Americans!
“Our economy grows the best... from the bottom up”.
“Which is why I’m proposing these top down solutions.”
Oh... okay...
Never has USA had so many unemployed people. Never.
The Dems have put together a robust coalition.
Entitlement Army to provide the votes.
Crony Capitalists to provide the dough.
He farts and thinks himself a great orator.
oh really? In what country?
A strong economy does not NEED a minimum wage - employers would be bidding so hard for employees, that starting wages would EXCEED the minimum wage.
Wages are a measure of the employee’s relative worth in terms of productivity. If the employee is producing substantially more than the cost of maintaining his job slot on the organizational chart, then that employee is almost assured of unlimited retention. Wages are only a part of the cost of keeping a slot open. The rest is largely a matter of fixed costs (space and equipment to be devoted to that position), and the relative variable costs of the materials and services that go into making the work product.
Bragging about those remnants of a once vibrant economy that he has not yet been able tear down and run into the ground.
Bragging about those remnants of a once vibrant economy that he has not yet been able tear down and run into the ground.
I saw a “crawl” on FNC yesterday moron that had me busting a gut. Barry’s Department of “Fun With Numbers” released info that the 13 states who raised their minimum wage are hiring like crazy. Jobs are everywhere! Those states that didn’t raise their minimum wage, not so much. The big 13 saw an increase of something like 0.83%. Those who didn’t raise the minimum wage saw an increase of only 0.65%. Ya, I know. You need a magnifying glass.
What the scum bag neglected to mention is that the minimum wage was increased in those 13 states for government contracts.
Blue Obama states were the recipients of this largess of government pork and which factored in the cost of the wage hikes into a non free market sector of the economy - i.e. artificial growth
Maybe he’s just seeing the economy at Martha’s Vineyard?.
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