The White House looks like it’s in denial.
The Problem with Giving America a Raise
In his State of the Union Address, President Obama told Congress to “give America a raise.” But as the job forecasts are revealing, he might as well have told them to “kill some American jobs.”
Why? Heritage experts forecasted months ago that a proposed minimum wage hike would kill the very jobs it’s supposed to support. But when the Congressional Budget Office (CBO) said the same thing this week, it forced the White House and congressional liberals to defend their calls for the increase.
The CBO estimated that the wage hike Obama and his allies champion would cost 500,000 jobs.
More...
Heritage Foundation Amy Payne -- Bio and
Archives |
Comments
The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.
