Biden's proposal to raise minimum wage to $15 could kill up to 3.7M jobs, CBO estimates

Discussion in 'Current Events' started by doombug, Jan 21, 2021.

  1. doombug

    doombug Well-Known Member

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    https://www.google.com/amp/s/www.washingtonexaminer.com/news/joe-biden-minimum-wage-cbo?_amp=true

    With all the turd polishing by the media you would think happy days are here again.....not so fast.

    Looks like we have mass unemployment and unrest coming thanks to Biden. Antifa is rioting, the mid east is falling apart and Biden's job killing policies are on the horizon.

    Enjoy the installed despot president America.
     
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  2. Matthewthf

    Matthewthf Well-Known Member Past Donor

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    Biden already killed 14,000 jobs when he ended the keystone pipeline permit. 2,000 of those jobs in Canada. The Prime Minister of Canada is very unhappy. Biden also entered us back into the Paris accords and ended the border wall construction.

    Trump was all about creating jobs.

    Biden is all about killing jobs
     
    Last edited: Jan 21, 2021
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  3. Vote4Future

    Vote4Future Well-Known Member

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    Dems doing what Dems do. Destroying the economy for the people!
     
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  4. Jiminy

    Jiminy Well-Known Member

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    Back to reality: Demand creates employment, in part by higher wages, not the redistribution of wealth from the middle class and the poor to the rich (supply-side socialism). Plutocratic Socialist Donnie inherited the Obama/Biden employment rate of 4.7%, and in disgrace as the worst president ever, the unemployment rate hovers near 7%.

    Trump's supply-side socialism=Trickle-down poverty,
    [​IMG]
     
  5. doombug

    doombug Well-Known Member

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    Yep, who needs a job when you have an unelected despot in office?
     
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  6. rahl

    rahl Banned

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    the economy statistically performs better under democrat administrations.
     
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  7. doombug

    doombug Well-Known Member

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    After Republicans set them up for success......
     
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  8. Jonsa

    Jonsa Well-Known Member Past Donor

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    AWESOME. imagine of not creating an additional 3 million minimum wage jobs by having a 15 min wage. Living wage anyone?
     
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  9. Jonsa

    Jonsa Well-Known Member Past Donor

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    by digging huge holes to get out of. proven track record.
     
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  10. DaveBN

    DaveBN Well-Known Member

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    Like Bush Jr and Trump did? Do tell.
     
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  11. rahl

    rahl Banned

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    nope. republicans typically leave office in a recession, and democrats turn it around. It's happened that way for the past 45 years.
     
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  12. Yulee

    Yulee Well-Known Member

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    State of Florida already has laws on the books. Minimum wage will be $15 by September 2026. Can’t blame that one on Joe
     
  13. Matthewthf

    Matthewthf Well-Known Member Past Donor

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    Donald Trump gave us record low unemployment and a record economy with record stock markets. Republicans did that.
     
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  14. doombug

    doombug Well-Known Member

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    Nope. Did not happen that way.
     
  15. Yulee

    Yulee Well-Known Member

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    Not even remotely true statement on unemployment
     
  16. Indlib

    Indlib Well-Known Member

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    So with your insight I expect you will make a fortune. You are short selling stocks right?
     
  17. Louisiana75

    Louisiana75 Well-Known Member Past Donor

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    President is killing jobs within 24 hours of inauguration and the dems defend it.

    Is this real?
     
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  18. Lil Mike

    Lil Mike Well-Known Member

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    So the $15 minimum wage will help the economy perform better?
     
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  19. Vote4Future

    Vote4Future Well-Known Member

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    I am good. Thanks for your concern!
     
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  20. Indlib

    Indlib Well-Known Member

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    What do you think the minimum wage should be?
     
  21. RP12

    RP12 Well-Known Member

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    You left out Covid...... (Hint even your meme mentions it)
     
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  22. Indlib

    Indlib Well-Known Member

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    Just wanted to know if you put your money where your mouth is. Trump suppprters are so sure the economy will plummet short selling stocks will be a sure thing.
     
    Last edited: Jan 21, 2021
  23. Lil Mike

    Lil Mike Well-Known Member

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    What does that have to do with my question?
     
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  24. Indlib

    Indlib Well-Known Member

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    Unless I misinterpreted your post, you believe an increased minimum wage will hurt the economy. I was simply curious what you think the minimum wage should be.
     
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  25. rahl

    rahl Banned

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    Trump left office with7% UE. Stock market performed almost as good as Obama’s.

    you are not going to win this debate. The date doesn’t care about your ideology.
     
    Last edited: Jan 21, 2021
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