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February 18, 2014

CBO: Hiking Minimum Wage to $10.10 Would Eliminate 500,000 Jobs

On February 4th, the CBO released a report projecting that Obamacare will result in the loss of 2.5 million jobs in the next ten years. Kathleen Sebelius just disputed that, and you should believe her, because she oversaw the Obamacare Website.

Now the CBO says that another one of Obama's policies, hiking the minimum wage by three bucks, will cost the country another half-million jobs.

Oh, and not by 2024, either. By 2016.

Countdown until Nancy Pelosi comes out to tell us, once again, how exciting it is not work at all.

By the way, Mark Murray, who opined a couple of weeks ago that a ten-tour-of-duty disabled veteran's story was really the story of Barack Obama, immediately started firing out his defenses of Obama on this:

If you take CBO job estimates as gospel, then you know "Gang of 8" immig bill expands workforce by 6M by 2023 http://t.co/9QiVgmlCjy
— Mark Murray (@mmurraypolitics) February 18, 2014

Mark Murray is NBC News' Political Director.

posted by Ace at 04:22 PM

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Now the CBO says that another one of Obama's policies, hiking the minimum wage by three bucks, will cost the country another half-million jobs. Oh, and not by 2024, either. By 2016. Countdown until Nancy Pelosi comes out to tell us, once again, how exciting it is not work at all. By the way, Mark Murray, who opined a couple of weeks ago that a ten-tour-of-duty disabled veteran's story was really the story of Barack Obama, immediately started firing out his defenses of Obama on this: If you take CBO job estimates as gospel, then you know "Gang of 8" immig bill expands workforce by 6M by 2023 http://t.co/9QiVgmlCjy — Mark Murray (@mmurraypolitics) February 18, 2014 Mark Murray is NBC News' Political Director. posted by Ace at 04:22 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments sidney: "So when tens of thousands of people lose their job ..." 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