CBO Estimates Biden Plan To Raise Minimum Wage To $15 Could Kill Almost 4 MILLION Jobs

easyt65

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CBO Estimates Biden Plan To Raise
Minimum Wage To $15 Could Kill
Almost 4 Million Jobs

The 1st Democrat Lockdowns eliminated 46% of all black-owned, 34% of all Latino-owned, 32% of all Asian-owned, and 25% of all Women-owned small businesses.

How do the Democrats 'top' that, besides the 2nd round of minority-owned business destroying lockdowns under affect?

"Hundreds of thousands of businesses across the country are teetering on the brink of destruction because of the lock downs associated with the coronavirus pandemic.

What does Joe Biden want to do? Make it harder for them to stay in business. The last thing these business owners need is an increase in the minimum wage."


"The Congressional Budget Office says this would kill jobs. Millions of them."

For the record, Biden didn't inherit any of this shit - except all the minority-owned businesses killed off by / from his fellow Democrats. What happens to the remaining minority small business owners and those remaining Americans who do have jobs is now all on President Biden and HIS policies of 'economic slavery', the 'Mandated $15-an-hour wage being the 1st.

Snowflakes, of course, will not agree that what happens as a result of his 'edict' will be Biden's - they will still try to blame President Trump....but President Trump did not impose this job/business destroying edict in the mids of a pandemic and Democrat lockdowns.

It's all on YOU now, CCP Joe.

 

Asclepias

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CBO Estimates Biden Plan To Raise
Minimum Wage To $15 Could Kill
Almost 4 Million Jobs

The 1st Democrat Lockdowns eliminated 46% of all black-owned, 34% of all Latino-owned, 32% of all Asian-owned, and 25% of all Women-owned small businesses.

How do the Democrats 'top' that, besides the 2nd round of minority-owned business destroying lockdowns under affect?

"Hundreds of thousands of businesses across the country are teetering on the brink of destruction because of the lock downs associated with the coronavirus pandemic.

What does Joe Biden want to do? Make it harder for them to stay in business. The last thing these business owners need is an increase in the minimum wage."


"The Congressional Budget Office says this would kill jobs. Millions of them."

For the record, Biden didn't inherit any of this shit - except all the minority-owned businesses killed off by / from his fellow Democrats. What happens to the remaining minority small business owners and those remaining Americans who do have jobs is now all on President Biden and HIS policies of 'economic slavery', the 'Mandated $15-an-hour wage being the 1st.

Snowflakes, of course, will not agree that what happens as a result of his 'edict' will be Biden's - they will still try to blame President Trump....but President Trump did not impose this job/business destroying edict in the mids of a pandemic and Democrat lockdowns.

It's all on YOU now, CCP Joe.

More fake news.
 
OP
easyt65

easyt65

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He's only doing federal workers.
And you don't think workers will be cut?

A mandated $15-an-hourminimum wage plus military defense spending cuts mean extremely valuable military contractors will be cut. The military and nation will be weakened and made less safe.
 

Flash

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China Joe ain't exactly the brightest bulb in the chandelier, know what I mean?

Since we are now on the express train to becoming a Socialist shithole we will see lots of dumbass shit like this.
 

Asclepias

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He's only doing federal workers.
And you don't think workers will be cut?

A mandated $15-an-hourminimum wage plus military defense spending cuts mean extremely valuable military contractors will be cut. The military and nation will be weakened and made less safe.
Stop whining. Why are you so terrified of your shadow? The military and the nation will be fine.
 

Ray From Cleveland

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Four million?!! That's all?
I think it will be much bigger than that because they're only considering those who will be forced to go out of business. When the domino effect takes place, more businesses will be moving out of the country. For employers who were weighing the numbers on automation investments, doubling the minimum wage will make their decision much easier. Third world countries will anxiously bid for US jobs due to more outsourcing.

All this will take place. It may even get worse if this administration messes around with our fracking industry doubling our cost of all fuel.
 

Claudette

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Four million?!! That's all?
I think it will be much bigger than that because they're only considering those who will be forced to go out of business. When the domino effect takes place, more businesses will be moving out of the country. For employers who were weighing the numbers on automation investments, doubling the minimum wage will make their decision much easier. Third world countries will anxiously bid for US jobs due to more outsourcing.

All this will take place. It may even get worse if this administration messes around with our fracking industry doubling our cost of all fuel.
I agree. I can see it now. Four years of misery under the Biden/Harris shit show.

I wonder how many who voted for that jack ass will be regretting it?? I'd say most once we tax payers get hosed to pay for his shit.
 

Claudette

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He's only doing federal workers.
Oh brother. Where did you get that?? Not in the Ops post.

Oh and Fed workers are payed with our hard earned tax dollars. You want to pay some newbie $15 bucks and hour. Then pay it on your job site.
 

Ray From Cleveland

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I agree. I can see it now. Four years of misery under the Biden/Harris shit show.

I wonder how many who voted for that jack ass will be regretting it?? I'd say most once we tax payers get hosed to pay for his shit.
It will be longer than four years because once you put a mandate like this in, it can never be removed no matter who's in office. Once businesses move out, they are not coming back.

If you are a business owner in this current environment, you have to consider skyrocketing wages, a threat of higher taxation, and the possibility of much higher fuel costs.
 

Moonglow

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He's only doing federal workers.
And you don't think workers will be cut?

A mandated $15-an-hourminimum wage plus military defense spending cuts mean extremely valuable military contractors will be cut. The military and nation will be weakened and made less safe.
Most jobs already pay fifteen an hour..The state just raised min to eleven here.
 

Claudette

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I agree. I can see it now. Four years of misery under the Biden/Harris shit show.

I wonder how many who voted for that jack ass will be regretting it?? I'd say most once we tax payers get hosed to pay for his shit.
It will be longer than four years because once you put a mandate like this in, it can never be removed no matter who's in office. Once businesses move out, they are not coming back.

If you are a business owner in this current environment, you have to consider skyrocketing wages, a threat of higher taxation, and the possibility of much higher fuel costs.
Yup. The CBO is right on, on this one. Biden will be killing millions of jobs.
 

Moonglow

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He's only doing federal workers.
Oh brother. Where did you get that?? Not in the Ops post.

Oh and Fed workers are payed with our hard earned tax dollars. You want to pay some newbie $15 bucks and hour. Then pay it on your job site.
I can tell you have not been in the min wage job arena lately many places already pay far more than seven bucks an hour. I don't know of any one that would work for seven dollars an hour.
 

Ray From Cleveland

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Most jobs already pay fifteen an hour..The state just raised min to eleven here.
But if you are an employee of a factory or business, and worked your way up to 17.00 an hour after five years, are you still going to be satisfied with that wage once the MW becomes $15.00 an hour? Of course not. When you started working there, you were making $10.00. You are going to demand a raise just like most working Americans across the country.
 

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