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"CBO Says $15 Minimum Wage Will Cost 1.4M Jobs
Coming out of a crippling pandemic, Biden and the Democrats seem determined to stifle economic recovery.
The Congressional Budget Office released its latest analysis of the Democrats’ loudly touted $15 minimum wage campaign and found what conservatives and the economically sound have long argued: It would cost American jobs … and a lot of them. The CBO concluded that a $15 per hour federal minimum wage — a raise of more than 100% from the current rate of $7.25 — would effectively kill off 1.4 million jobs, resulting in 1.4 million Americans receiving a minimum wage of $0 per hour.
Not only would the $15 minimum wage kill off nearly a million and a half jobs, it would also raise the cost of living for Americans across the board."
We told you so.
Coming out of a crippling pandemic, Biden and the Democrats seem determined to stifle economic recovery.
The Congressional Budget Office released its latest analysis of the Democrats’ loudly touted $15 minimum wage campaign and found what conservatives and the economically sound have long argued: It would cost American jobs … and a lot of them. The CBO concluded that a $15 per hour federal minimum wage — a raise of more than 100% from the current rate of $7.25 — would effectively kill off 1.4 million jobs, resulting in 1.4 million Americans receiving a minimum wage of $0 per hour.
Not only would the $15 minimum wage kill off nearly a million and a half jobs, it would also raise the cost of living for Americans across the board."
CBO Says $15 Minimum Wage Will Cost 1.4M Jobs
Coming out of a crippling pandemic, Biden and the Democrats seem determined to stifle economic recovery.
patriotpost.us
We told you so.