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Obama speech to challenge Congress on minimum wage



Published: Tue, January 28, 2014 @ 9:57 a.m.

Obama speech to challenge Congress on minimum wage

WASHINGTON (AP) — Challenging lawmakers to help him create greater economic opportunity, President Barack Obama will use his State of the Union address today to announce he’s raising the minimum wage for new federal contract workers to $10.10 an hour, underscoring a go-it-alone strategy in an election year critical to Democrats’ hopes for gains in Congress. Obama’s speech to a joint session of Congress will be wrapped in a unifying theme: The federal government can play a key role in increasing opportunities for Americans who have been left behind, unable to benefit from a recovering economy.


Comments

1JoeFromHubbard(1069 comments)posted 8 months, 4 weeks ago

Forcing businesses to pay more for wages than the prevailing market will decrease the number of available jobs.

But, that's the Obama way, dictating and interfering with a free market economy ultimately destroying the resultant prosperity it has brought this country.

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2Dagwood(129 comments)posted 8 months, 4 weeks ago

Hooray more unemployment. Forrest Gump would be a better leader for this country than Barry. Raising the min. wage will only increase the costs for employers therefore limiting there hiring and decreasing their spending. Consumers will be affected because suppliers will have to increase the prices of their products to make up for the shrinking profits due to employment costs.

Why does this administration continue to reward the least deserving?

"Are you stupid or something?"

Obama: "Stupid is as stupid does sir"

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376Ytown(1254 comments)posted 8 months, 4 weeks ago

Double edge sword. Raising the minumum wage means the working poor may lose welfare benefits creating more out of pocket cost. Small and mid size businesses that can't afford the higher wages will cut back. Note: hidden wages include employer federal, state and social secutity taxes, health and workers comp benefits which also go up.

The POTUS wants to raise the minimum wage for govt. contract employees. So very generous of him. Who pays for that? We do!

Our focus needs to be on middle class jobs to allow people opportunity for advancement and independence. Unfortunately our middle class is been eroded from the top down and from the bottom up in recent years.

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