Wednesday, January 24, 2007

Well, that raising of the minimum wage bill backfired

didn't it! Nancy Pelosi and others wanted the bill to only raise minimum wage about two dollars over ten years. But, Republicans wanted added to the bill a tax cut for businesses. So the minimum wage bill did not get past the Senate.

My opinion: Just raise the minimum wage..the consumer ends up getting charged more to compensate anyway. It's no skin off of business; they merely reflect the cost onto the consumer.

But what did past was: A huge tax break for businesses to hire "low income or disadvantaged workers." In other words....let's keep the poor down there where they belong....and let's not try to give them a break!!

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