Is there any action Obama won't take for political advantage even though it costs jobs and further damages our ailing economy?
Now that he has proposed increasing the minimum wage to above ten dollars an hour, he plans to issue an executive order that would force employers to pay manager type personnel for overtime work.
Some workers would benefit from these actions, but as many as millions would lose their jobs and join the unemployed drawing compensation. Maybe you could excuse Obama somewhat because he didn't learn economics as a community organizer. He did not learn foreign relations either, and the nation suffers.
I am afraid that full employment may never come back. We may find us having few jobs except those China lets us have.
Now that he has proposed increasing the minimum wage to above ten dollars an hour, he plans to issue an executive order that would force employers to pay manager type personnel for overtime work.
Some workers would benefit from these actions, but as many as millions would lose their jobs and join the unemployed drawing compensation. Maybe you could excuse Obama somewhat because he didn't learn economics as a community organizer. He did not learn foreign relations either, and the nation suffers.
I am afraid that full employment may never come back. We may find us having few jobs except those China lets us have.
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