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February 14, 2013

Shocking, I know

Posted in: Economy

President Obama’s call to raise the minimum wage and tie it to inflation went on the road yesterday:

Obama pushed for the rise again Wednesday while touring a manufacturing plant in Asheville, North Carolina. “If you work full-time, you shouldn’t be in poverty,” Obama said.

And rich guys you are on:

Business Roundtable president John Engler said: “We should be focused on our country’s ‘no wage’ problem. We need an economic growth agenda to get our economy going and put Americans back to work.”

The article “forgot” to mention that John Engler was also the Republican governor of Michigan from 1991 to 2003. He sure left that state in good shape, huh? Oh and he left to to resume his career as a highly-paid member of several Boards, including Munder Capital Management.

And…of course, Mr. Tangerine Man had to add an old trickle down bromide.

“When you raise the price of employment, guess what happens? You get less of it,” Boehner said.

The problem with trickle down bromides is they almost always leave a nasty stain on your shoes. Lies can do that.



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