Wednesday, December 20, 2006

Minimum Truth from President Bush

Remember just after election day when President Bush sent signals that he would be willing to sign legislation increasing the minimum wage? Turns out he was keeping his fingers crossed. At his press conference today, Reuters reports:

President George W. Bush said on Wednesday that he supports a Democratic proposal to increase the U.S. minimum wage but said it should be coupled with tax and regulatory relief for small businesses.

"I believe we should do it in a way that does not punish the millions of small businesses that are creating most of the new jobs in our country," Bush told a news conference. "So, I support pairing it with targeted tax and regulatory relief to help these small businesses stay competitive and to help keep our economy growing."

Some recent research from the Fiscal Policy Institute makes it pretty clear that raising the minimum wage doesn't punish anyone.

23 more months of this guy is going to be hard to take.

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1 comment:

Anonymous said...

We can be proud members of the WFP that we were instrumental in passing our state's minimum wage.

However, we need to pass the federal minimum wage.

We need to develope an ideology as members to counter the arguments of those that play the "job blackmail" card every time you attempt to improve the lives of working people.

Aa college professor once told me:

In the 1930's working people had full heads and empty stomachs. Today, people have full stomachs and empty heads.

As a result of the mid-term elections, this seems to be changing. The pendulum is swinging back!