Friday, July 24, 2009

Back to the good ol' days of President Jimmy Carter?

The minimum wage went up again today. Good news for low-income workers, right? Wrong. Bad news for employers who won't be able to hire as many low-wage workers (who are by definition low-income workers) and may in fact have to lay some off and push the jobless rate even higher. It's only good news for unions, who can compete better with non-union employers. And in case you haven't noticed, good news for Democrats, who the unions support financially.

At present, we're almost in double digits as the jobless rate nears 10 percent. "Happy Days are here again!" the libtards are signing as Obama-Pelosi-Reid lead us back into Jimmy Carter territory, those good ol' days of double-digit unemployment, interest rates and stagflation.

On the other hand, there are five fingers. And also the obvious solution for our jobless economy, how about a payroll tax cut for businesses? It worked for Reagan and even John Kennedy, both Presidents who cut taxes and saw the national economy improve dramatically.

In other news about prominent Democrats, have you read about the big scandal among New Jersey politicians which reaches all the way up to the governor's office? If so, you probably had to do what I did, read all the way to the end of the story in the New York Times (just across the river) to finally find out what party the political criminals belong to:
Among the public officials arrested were Mayor Peter J. Cammarano III of Hoboken, who was a City Council member before he took office as mayor on July 1, and Mayor Dennis Elwell of Secaucus, both Democrats; Assemblyman L. Harvey Smith of Jersey City, also a Democrat; and Assemblyman Daniel M. Van Pelt, a Republican from Ocean County.
Ahah, one Republican joins the long list of Democrat big-shot crooks. Gotcha. Sorta. The NY Times ain't about to name any parties unless they can find at least one Republican to add.

Have you heard New Jersey's state motto? "Some of our politicians haven't been indicted yet!"

No comments:

Post a Comment