July 28, 2015

Dems’ Economic Policies Will Hurt Those They Claim to Help

Democrats are bickering over how high to raise the minimum wage, even though doing so would hurt constituencies the party claims to represent. Democrats all agree the minimum wage must be raised. The party’s establishment politicians — Harry Reid and Nancy Pelosi — propose a minimum wage hike to $12. Democrat presidential candidate Bernie Sanders is calling for a $15 minimum wage, even though the socialist only pays his interns $12 an hour. Is that all he can afford to pay them? A study published by the American Action Forum and the Manhattan Institute for Policy found both proposed minimum wage policies would decimate the jobs held by low-skilled workers who often vote Democrat. If the minimum wage rose to $12 an hour, the economy would lose 3.8 million jobs. If the minimum wage rose to $15 an hour, 6.6 million jobs would disappear. Besides putting the jobs of fast-food workers at risk, the Democrats’ plan would hurt their supposed darling constituency: illegal immigrants. Of the 11.3 million illegals in this country, 8.1 million hold jobs. At the same time, there are 9.6 million unemployed Americans — a number that would very well rise if Democrats take a top down, emotional approach to the economy.

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