Democrats plan aggressive demagoguery on minimum wage issue, in spite of CBO report

Posted by: ST on February 24, 2014 at 11:27 am
Money on trees

Apparently, Democrats think money grows on trees.

Via The Hill:

Democrats believe they are winning the battle over the minimum wage, despite an official budget report this week that found it would cost the economy a half-million jobs.

House and Senate Democratic aides told The Hill they believe they can discredit and overcome the CBO report, which offered ammunition to Republicans who argue a wage hike would hurt the economy.

The Democrats bolster their case by pointing to a November Gallup poll that found 76 percent of those surveyed favor raising the minimum wage from $7.25 per hour to $9.

They also argue the CBO report is contradicted by other economic research, and tout a letter pushed by the White House in which 600 economists say raising the minimum wage would have no major effect on jobs.

“This report is not a major obstacle,” one House Democratic leadership aide said.

“Really the polling is so strong in favor of the minimum wage,” another House Democratic aide said. “Do centrist Republicans really want to go back to their districts and say they opposed this over some abstract report that lots of economists have criticized? There is just not enough there, there.”

Sen. Tom Harkin (D-Iowa), the lead sponsor of the Senate bill to raise the minimum wage, said the CBO report shows raising the minimum wage benefits a large number of people so it is a net positive.

“That’s why an overwhelming majority of Americans — on both sides of the aisle — want Congress to raise the wage, and I look forward to having this important bill on the Senate floor in the weeks ahead,” Harkin said.

Republicans say Democrats are kidding themselves.

“That CBO report showed what Republicans have been saying about raising the minimum wage – that it will destroy jobs, in this case up to one million jobs, dealing a devastating blow to the very people that need help most in the Obama economy,” one Senate GOP aide said.

The CBO report offered an analysis on what would happen if the minimum wage was raised to $10.10 per hour, as advocated by President Obama and congressional Democrats.

It found the wage hike would cost 500,000 jobs by 2016, but also that it would lift 900,000 people out of poverty by increasing incomes.

Senate Democrats say they are going forward with a likely March or early April vote on raising the wage.

In the House, Democrats are moving forward as soon as next week with the rollout of a discharge petition that would seek to force a vote in the lower chamber.

The discharge petition has the backing of about 190 of the 200-member Democratic caucus, aides say.

“We obviously hope it will win enough Republicans to pass,” the leadership aide added. “If they don’t pass it, then good policy is always good politics.”

Translation: We know it won’t pass but we’re gonna put it out there anyway because polling supposedly indicates most people are “for it” and we desperately need a “winning” issue that will lift us over the Obamacare hump – in spite of the fact that up to a million people could lose their jobs if the bill did somehow pass.

Just another shameless attempt at the left trying to buy votes from vulnerable, gullible citizens in a critical election year because they don’t have anything else to run on.  Anyone surprised? :-w

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2 Responses to “Democrats plan aggressive demagoguery on minimum wage issue, in spite of CBO report”

Comments

  1. Sefton says:

    Just as a wild experiment, I often wonder how Democrats would respond if Republicans saw their minimum wage increase and raised it even more.
    ie. Beat them at their own game, or make them counter a ridiculous Republican min. wage increase with the very same argument Republicans and the CBO are making about job losses and business closings.

  2. Tuerqas says:

    It is just so pointless to control one aspect of the market. Force employers to pay more for labor, but don’t price control, categorize teenage starter jobs, eliminate part time employment or tighten rules on part time employment (the list goes on). What do these idiot lawmakers think, that owners are going to pay these new wages out of their profits? If so, they are just plain institutionally stupid or insane. If not, they must realize that the repercussions are increased prices (thus increasing the poverty line) and/or loss of things like, full time labor positions to save on benefits, teenage jobs, overtime, which may be keeping many people above water, etc.

    Of course, the only real conclusion, is that it is an election point as stated above.