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I get why Obama's pushing this, but my concern is that he might be pricing some businesses out of the federal contractor market. I'm curious to know the rationale behind raising it 39 percent, and how it's going to impact specific industries.
Perhaps they believe the more money people get paid the more likely they are to go out and buy things thus stimulating the economy?
The far right is claiming President Obama is a “Socialistic dictator” because he has used executive orders in the past and plans to do so in the future.
When you hear this from them, please set the record straight: President Obama has averaged fewer executive orders, per year, than any president in the last 125 years.
well actually......
Obama has almost the same amount that bush had in 8 years.....and again...then most was the fascist FDR
How raising the federal minimum wage would help working families and give the economy a boost?
It won't do jack.
Before the left gets all wet over this and the right gets wound up in outrage, consider these points.
First, any EO Obama signs can be unsigned by his successor.
Secondly, and more importantly, this hike is on NEW contracts, not existing contracts or contracts that are extended. And I defy anyone to find anyone not making more than MW in the defense industry.
So, this is just a gigantic load of crap. Its meaningless and for show. Smoke and mirrors to indicate that he is doing something about MW and wage inequality.
The bottom line is this EO is not worth using as toilet paper.
A reminder: The wages for the employees of Federal Contractors are often set by The Davis-Bacon Prevailing Wage Act (google it and learn something).
VERY FEW, if any, such employees work for minimum wage!
"So, this is just a gigantic load of crap. Its meaningless and for show. Smoke and mirrors to indicate that he is doing something about MW and wage inequality.
The bottom line is this EO is not worth using as toilet paper."
THAT is a FACT!!
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