Starting with Obama Care, then the stimulus package, his evolving to same sex marriage, Detroit auto bailouts, tax increases on the wealthy (high earners) and on and on it goes.
Now, he is pushing for a raise in the minimum wage from $7.25 to $9.00!
I would like to suggest he’s really missing an opportunity to solve all our problems with the economy by just raising the minimum wage to $30.00 per hour. Can you image, with one stroke of his executive pen he could eliminate poverty altogether by having everyone go immediately into the middle class. He’s always talking about how he’s for the middle class at the expense of the wealthy.
By raising the minimum wage to $30.00 an hour, everyone would be making at least $60,000.00 a year and just think of all the tax revenue it would create for the government in income taxes. All the middle class could now afford to go out and buy new cars, build houses, buy clothes and frequent restaurants more often. Social Security problems? Solved! Everyone would begin paying $4,500.00 annually plus the matching funds from their employers.
Since everyone would become at least middle class citizens, they would be self sufficient, eliminating things like welfare, and all the other entitlements the government provides. Why with the increased flow of tax funds to the government and the elimination of entitlement programs, we could eliminate deficit spending and pay down the national debt in a very short period of time.
Do any of you liberals see anything wrong with this picture? Utopia would be right around the corner thanks to our benevolent President Obama.
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