Daily Archives: February 18, 2014
The White House may have to scrap its plans to aggressively promote a 40 per cent national minimum wage hike now that the nonpartisan Congressional Budget Office found that the move would likely cost the U.S. 500,000 jobs by the second half of 2016.
The CBO’s report, released Tuesday afternoon, also estimated that it would pull 900,000 low-income Americans above the federal government’s poverty line.
The White House didn’t answer questions about whether that trade-off is acceptable to President Obama, but Senate Democrats have pushed hard for legislation that would implement his goal of driving the minimum wage far above its current $7.25 level.
But it quickly scheduled an afternoon conference call for reporters with Council of Economic Advisers Chairman Jason Furman, and published a blog post so lengthy that it suggests the White House had advance notice of the CBO’s findings.
A conservative policy group, the Employment Policies Institute, has predicted the CBO’s findings for years, saying that a $10.10 minimum wage would kill between 360,000 and 1 million jobs, mostly those of young, low-skill workers who would be the first to go if employers were forced to pay higher salaries out of the same pool of money.
Like everything else predicted about the progressive movement: the destruction of the black family, the ruination of the public education system, the job-killing effect of gargantuan environmental regulations, this too will be ignored – hell, they’ll never hear about it on their daily 30-second news fix – and they’ll continue on voting Democrat, hating the Tea Party meanies and wondering why their country keeps going to hell.
The First Lady has returned from her latest vacation and on Thursday we taxpayers will be paying her way to NYC, where she will appear on a comedy show, do a bit of fundraising and, just to make sure the whole gig gets charged off to us, do a public service announcement on the importance of drinking enough water.
If only you could make this stuff up.
Nancy Pelosi: The Founding Fathers would have loved ObamaCare. Funny how these geniuses are dismissed by Pelosi and her fellow stooges as “dead white men” most of the time, but dragged out of the dustbin of history and festooned with ah, “improbable” ideas when they’re needed.
America’s Founding Fathers fiercely held to life, liberty, and the pursuit of happiness—values which Nancy Pelosi (D-Calif.) claimed align seamlessly with Obamacare.
Pelosi explained why the law is “very sound policy” during a press conference Friday:
To go to back to our founders once again, they sacrificed it all for life, liberty, and the pursuit of happiness. This law, the affordable care act, is about a healthier life, the liberty to pursue your happiness. That is solid policy, and the mandate is central to that.
The latest Gallup Poll is out, with these results. Notice where global warming isn’t, where immigration reform places, and how many Americans are worried about education or gun control. Then consider what Obama has spent the past five years “focused like a laser” on. Disconnect.
You’ll be relieved to know, by the way, that the First Lady and the kids have finished their three-day ski vacation in Aspen and got back in time for the girls to return to their private school.
No more Kosher or Halal slaughter. There’s a (legitimate) claim that this is a form of anti-Semitism, but I think it’s more about the new religion of the left, where humans and traditional concepts of god are replaced with a vision of earth without us. All hail Mother Gaia!
While Walt is stuck in Yugoslavia watching the Chex battle the Souvlakis to determine who gets to the hokey semi-finals, I have braved the roads to give more local information. Greenwich-maintained roads are clear while the Post Road, which the state claims jurisdiction over is as usual, a mess. Red headed stepchild syndrome. There is (was) a car stuck in a snowbank at the intersection of Rt. One and Lockwood Lane, which is bad timing on the driver’s part; I have a tow strap on order precisely to lend a hand in such situations but it’s not arriving until tomorrow, so I just flipped the guy the bird and continued on my merry way. Slow down, sucker!
In any event, the snow’s already tapering off and the schools remain closed, for some inscrutable reason.
One definition of “chutzpah” is murdering your parents and then appealing for mercy from the court because you’re an orphan. Here’s an example:
Hollywood film industry, home of supporters of every whacked-out liberal plan ever concocted, wants another tax break. They finagled a $100 million payoff in 2009; they’re back for more.
They could, of course, urge the repeal of some of the regulations they’ve championed over the years that have made it so expensive to make films in California: environmental, zoning, labor and high taxes, but soaking the middle class taxpayer is so much more natural, and appealing.
Alternatively, if Harvey
Feinstein Weinstein (although to be fair, Feinstein could also fund this) were to sell just one of his mansions he could cover the whole tab. Obama would have to move his next fund raiser to his next supporter’s mansion by the sea a little down the coast, but he has always preached “sacrifice” – here’s his and Harvey’s chance.
Patients who have had a ‘fair innings’ could be denied life-saving drugs under proposed health reforms.
The plans would mean experts taking into account whether there is a ‘wider societal benefit’ to giving a patient crucial medicines.
The NHS rationing body, Nice, fears the Department of Health proposals could see younger people deemed a higher priority for drug treatments because they have more years ahead of them – potentially contributing more to the economy – than the elderly.
Personally, I’d take exactly that approach to my own care: I have no desire to wipe out my puny estate at the expense of my children merely to prolong my life, if death is near, but I find it ironic that Sarah Palin was torn to pieces for suggesting that national healthcare would result in “death panels” and that ObamaCare’s “Cost Containment Review Panels” would turn into exactly that. Now, it seems, Paul Krugman was right: what happens in England won’t stay in England.