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2013-11-09 Home Front: Politix

Democrats considering bill to lift minimum wage by 40 percent

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Posted by Fred 2013-11-09 00:00|| || Front Page|| [11125 views ] Top

#1 The loss in employee compensation resulting from the reduction in working hours (full-time to part-time) must be made up somehow. Just think of the increased revenues from federal and state tax withholding and the corresponding reduction of Obamacare subsidies.

Posted by Besoeker 2013-11-09 02:14|| 2013-11-09 02:14|| Front Page Top

#2 You could have a similar effect by moving 10 million low skilled illegals back to their point of origin. Fewer workers, higher pay. Too simple for those who lust for power.

Posted by Procopius2k 2013-11-09 08:06|| 2013-11-09 08:06|| Front Page Top

#3 BTW, doesn't it all reek of central planning? What's the next 5 Year Plan on the agenda?

Posted by Procopius2k 2013-11-09 08:07|| 2013-11-09 08:07|| Front Page Top

#4 Inflationary. Will reduce the value of saved cash & cash equivalents, and the price of debt. And who has the most debt? The government, of course, making this a way of taxing the wealthy conservatives without calling it a tax.

Posted by Glenmore 2013-11-09 08:47|| 2013-11-09 08:47|| Front Page Top

#5 You could have a similar effect by moving 10 million low skilled illegals back to their point of origin. Fewer workers, higher pay. Too simple for those who lust for power.

IMO, you get another 10 million illegals from this raise, P2k.

Posted by g(r)omgoru 2013-11-09 11:10|| 2013-11-09 11:10|| Front Page Top

#6 Sen.s Dick "Dick" Durbin and Tom Harkin. Champions of the leetle peepuls and moron ethical reprobates in their own rights

Posted by Frank G 2013-11-09 11:24|| 2013-11-09 11:24|| Front Page Top

#7 Wow so you're gonna have to be 40% more productive to keep your job...

This'll make the unemployment figures soar.

Posted by Bright Pebbles 2013-11-09 11:42|| 2013-11-09 11:42|| Front Page Top

#8 Let's make it $40 / hour, and we've solved poverty!

/dem logic

Posted by Raj 2013-11-09 12:10|| 2013-11-09 12:10|| Front Page Top

#9 While they are at it why not legislate the value of pi to be exactly 3.000...?

oH and reduce the Earth's gravity to be half of what it is now - Then everyone instantly weighs much less! What's not to like?

Pretty much the same thing...

Posted by CrazyFool 2013-11-09 12:18|| 2013-11-09 12:18|| Front Page Top

#10 Raj, I'll see your $40, and raise it $10...

Posted by Spalet Sforza7230 2013-11-09 14:34|| 2013-11-09 14:34|| Front Page Top

#11 Cost of goods, services and food goes up 40%. Might as well make it $1 million an hour. Same effect. Cost of everything goes up by at least that much.

Posted by DarthVader 2013-11-09 15:00|| 2013-11-09 15:00|| Front Page Top

#12 How many more jobs will go overseas when this goes into effect?

Posted by Abu Uluque 2013-11-09 15:52|| 2013-11-09 15:52|| Front Page Top

#13 Senate Majority Whip Dick Durbin, D-Ill., called the proposed minimum wage increase "long overdue, an important economic issue and a message to working families struggling paycheck to paycheck that we can help."

More like a payoff to the unions.

I wonder if anyone's explained to Dick what happens to prices (actual and relative) when the cost of labor is raised?

Posted by Pappy 2013-11-09 16:06|| 2013-11-09 16:06|| Front Page Top

#14 How many jobs will this destroy?

Posted by OldSpook 2013-11-09 16:17|| 2013-11-09 16:17|| Front Page Top

#15 OldSpook being good commies they can't quit destroying private sector jobs until there are NONE.

Posted by 3dc 2013-11-09 16:46|| 2013-11-09 16:46|| Front Page Top

#16 Make the minimum wage the same as Congressional pay. Give everybody the same medical and retirement benefits as Congress, then everyone's happy. What's the problem?

Posted by AlmostAnonymous5839 2013-11-09 18:12|| 2013-11-09 18:12|| Front Page Top

#17 You know the problem, the slaves can NEVER have what the slavemasters have. They must always stand above the slaves.

Posted by Silentbrick 2013-11-09 19:51|| 2013-11-09 19:51|| Front Page Top

#18 it's the Senate. Unless they can get the House Republicans to go along, nothing will happen.

Therefore, posturing.

Posted by trailing wife 2013-11-09 20:20|| 2013-11-09 20:20|| Front Page Top

23:39 Thing From Snowy Mountain
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