Is there a Democrat alive that understands economics:
In an op-ed for USA Today, Senator Tom Harkin (D-IA) says that a $9 per hour minimum wage is not enough. He says, “While I was heartened to hear President Obama make the minimum wage a centerpiece of his State of the Union Address, I believe that his proposal of $9 per hour does not go far enough to ensure that working families can make ends meet.”
But might I ask you Mr. Harkin how the small business owners that employ these minimum wage workers will afford more than $9 an hour? What now small business owners aren’t suffering in this economy? Instead now we should penalize them for trying to make a living and creating jobs for those who would otherwise be employed?
The senator then goes on to give his proposal, “Soon, Rep. George Miller, D-Calif., and I will introduce legislation that would gradually increase the minimum wage to $10.10 per hour, and raise the minimum wage for tipped workers for the first time in more than 20 years. Our proposal, like President Obama’s, would also provide for automatic increases linked to changes in the cost of living.”
But what the Senator and President Obama are both forgetting is that this has an adverse effect on the hiring practices of business owners.
Read the rest here.