Author Topic: Federal $25 minimum wage mandate would destroy nearly 5M jobs, hit booming Sun Belt hardest: study  (Read 155 times)

0 Members and 1 Guest are viewing this topic.

Offline libertybele

  • Cat Mod
  • *****
  • Posts: 71,291
  • Gender: Female
Federal $25 minimum wage mandate would destroy nearly 5M jobs, hit booming Sun Belt hardest: study

A federal $25 minimum wage mandate would destroy millions of jobs across the country and hit several of the Sun Belt states that have seen a significant influx of new residents in recent years, an economist warned in an interview with Fox News Digital.

The warnings come in response to recent legislative efforts from progressive members of Congress pushing to raise the federal minimum wage floor to $25 per hour by 2031 for large employers, while smaller businesses would reach that rate by 2038. The proposal would also eliminate the federal tip credit, raising the direct cash wage requirement for tipped employees up to $25 per hour.

Rebekah Paxton, research director at the conservative Employment Policies Institute (EPI), warned that a $25 federal mandate would be a total "job killer."..............

https://www.foxnews.com/media/federal-25-minimum-wage-mandate-destroy-nearly-5m-jobs-hit-booming-sun-belt-hardest-study

SOCIALISM IN AMERICA MUST BE EVISCERATED

Online Fantom

  • Hero Member
  • *****
  • Posts: 2,353
  • Gender: Male


Looking at that picture, I thought maybe this was a discussion on the design of the prow on our new nuclear Ice Beakers..... that overbite should work wonderfully.   :smokin:

Anyway's,   $25.00 minimum wage = $50.00 ditch diggers and $200.00 dollar bricklayers.  Entry level and end of life jobs...hamburger flippers and Wal-Mart greeters... are just the first step on the ladder.

Does not matter how you label/value the first step.. the next step up the ladder will be more. As will everything it purchases. $5.00 hamburgers become $20.00 hamburgers... $100,000 dollar houses become $500,000 houses.
Those who profess to favor freedom, and yet deprecate agitation, are men who want crops without plowing up the ground, they want rain without thunder and lightning, they want the ocean without the awful roar of its many waters.

Frederick Douglass

Offline Hoodat

  • Hero Member
  • *****
  • Posts: 43,645
Whatever AOC makes, they should make that the minimum wage.  Then, she's right back on the bottom.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Jim Jones was a socialist Democrat.

Offline Wingnut

  • In this life I have been a participant not a spectator.
  • Hero Member
  • *****
  • Posts: 27,168
  • Gender: Male
Whatever AOC makes, they should make that the minimum wage.  Then, she's right back on the bottom.

I think she likes being the one on top. 
The longer route with no traffic is shorter than the shorter route with traffic.

Online Smokin Joe

  • Hero Member
  • *****
  • Posts: 68,754
  • I was a "conspiracy theorist". Now I'm just right.
Welcome to the drive through (machine produced) hamburger special, just $39.95...

You want fries with that?
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis