President Obama surprised few in his State of the Union
address, which was dominated by egalitarian and populist themes. The president
is entitled to his ideology, but not to his own facts. On both the minimum wage
and gender pay gap, the president’s position runs counter to the economic
reality.
President Obama voiced strong support for legislation
sponsored by Sen. Tom Harkin, D-Iowa, and Rep. George Miller, D-Calif., to
raise the federal minimum wage from $7.25 to $10.10 per hour. He also
encouraged cities and states to raise their minimum wages, citing the five
states to have done so in the past year, while calling on businesses themselves
to increase employee pay. Every employee would certainly like to be paid more.
Unfortunately, increasing the minimum wage will decidedly not promote economic
growth nor help our present employment woes......To Read More......
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