POLITICAL: SOTU is a crock


Seven Big Lies Obama Told In His State Of The Union Speech

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2) Raising minimum wage will help families

Obama sayeth, “[We] have a bill to fix that by lifting the minimum wage to $10.10… This will help families. It will give businesses customers with more money to spend… So join the rest of the country. Say yes. Give America a raise.”

It’s not hard to believe that Obama, who has never run a business, doesn’t understand that artificially forcing a business to pay someone more than their wage is worth will put more people out of the labor market. Making job creation more expensive leads to fewer jobs.

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I’m sorry that I believe that the “minimum wage” is essentially a tax on the poor and “middle class”. As, if  there was a difference.

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