The money printing's been great for the so-called one-percenters, thanks Obama. But the middle-class and working poor are getting hosed - the very people Obama and the Democrats use as voodoo dolls to get and keep power.
Harry Reid is the junk-yard dog Obama uses to play these games. This time it's all about the mid-term election in November.
First, dirty Harry is pitting the long-line-long-term jobless against adding more billions to the shit-pile of debt the Democrats can't defend. Extending the extended jobless benefits have been necessary because Obama and Reid have failed to create any real full-time jobs.
The second, and more more disturbing is the head-fake the Democrats jerk over the minimum wage. The left-wingers like to spit out the union-originated misnomer 'living wage'.
So what's the truth about the minimum wage?
- Just 2.8% of the labor force works for minimum wage - did you know that?
- Half of min wage workers are age 16-24 - not exactly supporters of families.
- Low-end wage earners already bottom out at $20.31, 3x the fed min wage level.
- Every labor study since 1935 has concluded a minimum wage kills jobs.
- Blacks and other minorities get ass-kicked the most by a min wage that prices them out.
- Even Christine Romer and other 'progressive' economist say the min wage is no answer.
- 21 states already have a min wage higher than the fed standard.
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