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re: Why so much talk of raising minimum wage? Why no discussion on cost of living?

Posted on 5/10/14 at 11:07 am to
Posted by tigress77
BR
Member since Sep 2013
322 posts
Posted on 5/10/14 at 11:07 am to
If the Democrat party would end their war against domestic drilling on public land, then you would see a boon that would be unprecedented in this country.

What studies the Feds have allowed have shown is that ANWR may have more oil than the whole of Saudi Arabia. Imagine that. No longer would billions and billions of dollars flow to the Kingdom of the Saudis; a culture so steeped in racism, misogyny; and antithetical to Christianity, Judaism, and democracy.
This would usher in prosperity that the working class, middle classes have not seen since the industrial age was born.
However, the Democrat party knows that an empowered working and middle class will not support them.

The reason that there is such a push for minimum wage is due to the ACA Tax. There are different dates for different mandates. What will happen to about half of the labor force, which is employed by small businesses when the full time mandate arrives, is those employers will either drop employee health coverage, or switch to hiring part time workers, keeping those already employed but drop them to part time. The forty hour full time work week will end for millions of workers, or they will be forced onto govt. exchanges, or most likely a combination of both. This will happen.

The half of the workforce that is employed by large corporations will also see either their coverage dropped or reductions where companies can to less than full time.

At any rate the majority of employees will see their premiums rise substantially as they will be responsible for getting, and paying for their own insurance while many of them will be making less money. By the way the vast majority of workers that are employed full time presently will NOT meet the standard for subsidies.

So when that happens as Dems want to keep these voters, they will blame the businesses, blame the Republicans, for the only reasonable response to their own mandates in the ACA Tax.
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