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The White House Doesn't Like These Particular Facts

Discussion in 'News & Current Events' started by Revmitchell, Feb 21, 2014.

  1. Revmitchell

    Revmitchell Well-Known Member
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    A funny thing is happening to President Obama in his pursuit of redistributive economic policies: Facts are getting in the way.

    The facts in this case are being pronounced by the Congressional Budget Office (CBO), a nonpartisan federal agency that crunches numbers for the government, which concluded that raising the federal minimum wage would actually reduce employment.

    CBO’s findings are nothing new, of course. As we know, calls to raise the minimum wage are simply fodder for the President’s liberal base. And as Heritage’s James Sherk has pointed out on numerous occasions, raising the federal minimum wage would actually hurt low-income workers by forcing businesses to cut jobs—making it more difficult for unskilled workers to gain the experience necessary to get ahead.

    http://blog.heritage.org/2014/02/20...-facts/?utm_source=facebook&utm_medium=social

    http://www.thestreet.com/story/1240...es-wages-white-house-defends-1010-option.html

    http://blog.heritage.org/2014/02/20/problem-giving-america-raise/

    http://www.heritage.org/research/re...wage-jobs-lead-to-better-paying-opportunities
     
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