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re: In 100 words or less how can raising the min. wage help the middle class?**

Posted on 1/30/14 at 10:26 am to
Posted by doubleb
Baton Rouge
Member since Aug 2006
36616 posts
Posted on 1/30/14 at 10:26 am to
quote:

its pretty obvious that helping the middle class has never been an Obama objective, I don't think the OP was implying this either


He says it is.

From last year:

?
quote:

A stronger middle class is a key to a stronger economy:
A range of economic studies show that modestly raising the minimum wage increases earnings and reduces poverty without jeopardizing employment. In fact, leading economists like Lawrence Katz, Richard Freeman, and Laura Tyson and businesses like Costco, Wal-Mart, and Stride Rite have supported past increases to the minimum wage, in part because increasing worker productivity and purchasing power for consumers will also help the overall economy
.
Posted by Zach
Gizmonic Institute
Member since May 2005
112803 posts
Posted on 1/30/14 at 10:28 am to
BTW, O'Reilly came out BIG TIME last night insisting that the GOP go along with Obama's 10.10 MW hike.

His logic: "There is nobody out there working at a job that isn't worth ten bucks an hour."

I think that's very shaky assertion on his part.
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