President Failure looking to further punish middle class with proxy tax known as minimum wage increase: Let us just predict how this will work out. The econ morons will claim that raising the minimum wage will benefit the poor. Those in the know will counter that it will do little more than decrease employment while raising everybody’s cost of living -again. If the measure goes through the economic damage will occur as predicted while the econ morons once again claim that “nobody could have seen this coming”. After making that statement they will then demand a higher minimum wage, a trillion more dollars be printed out of nowhere for “stimulus” and congratulate Obama for the fantastic sound his fiddle makes while the country burns.
<< “It has become very clear to everyone involved who is analytical and not ideological that the rational strategy, for both large and small firms, is to cease providing health care insurance to employees”