Does Obama hate the poor?
Townhall – Dan Holler – 2/18/2013
“In the real world, setting
a floor under the price of labor creates winners and losers,” the Wall Street
Journal points outs. While “some workers will get a $1.75 raise” “others --
typically the least educated and skilled -- will be priced out of the job
market and their pay won't rise to $9.” Going from $7.25 per hour to $0 isn’t
going to get anyone ahead.
Wonkblog explains employers
could “respond by cutting back on benefits or hours or training.” For those
living below the poverty line, those cuts would not be welcomed, and a decrease
in training will mean less opportunity for a low-skilled employee to advance,
all but ensuring the cycle of poverty continues.
One of the destructive side
effects of Obamacare is the costly employer mandate. Employers now have an
incentive to give workers just 29 hours per week to avoid triggering the law’s
definition of a “full-time” employee. Once a worker becomes “full-time,” the
employer must provide the worker with costly health insurance or pay a hefty
fine to the federal government.
As National Review’s Andrew
Stiles explained, a minimum-wage employee working 40 hours a week could see
their weekly wage increase by $70 per week under the President’s proposal.
However, if employers cut hours to avoid Obamacare, as some have already
announced, that same employee, even with the mandatory wage increase would lose
$29 per week.
If you’re a low-skilled
worker, be on the lookout for a fancy sounding bill to be introduced in
Congress, something like the Eliminating Poverty in America Act. If history is
any guide, the EPA Act will do you more harm than good.
Northwoods Patriots - Standing up for Faith, Family, Country - northwoodspatriotscomm@gmail.com
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