“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
“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 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.
I dunno how that can be. The S.S, Administration said inflation was 01.8% in 2012. They wouldn't lie to old people would they?