Midknight Review -- new and revised: More bad news for the Administration and the Dems, just in time for midterm consumption: medium wages at a 40 year low.

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In 2012, the latest year for which the Census Bureau has published an estimate, the real median earnings of men who worked full-time, year-round was $49,398. That was $2,272—or about 4.4 percent—below the peak median earnings of $51,670 in 1973.

Editorial notes: The really bad thing about the current debate over the minimum wage is this: It signals a surrender on the part of the Progressives as to the issue of job creation.

In short, advancing a minimum wage would not be necessary if there were plenty of jobs and a hiring environment that rewarded business for creating those jobs. More than this, if there existed an aggressive, job training program, on a state to state level, the minimum wage issue would take care of itself.

Since our politicians have done nothing about job creation over the past 6 years, the "next best thing," in terms of election brag, is for politicians to force the employer to pay more while struggling with the regulations that prevent him from hiring more, and then take credit for choking the life out of small business - you know, sense small business owners are all so damn rich, and all. Genius !!
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Related:

http://cnsnews.com/news/article/terence-p-jeffrey/men-who-work-full-time-earn-less-40-years-ago

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."

2 comments:

AnonymousApril 30, 2014 at 11:07 AM
The casualty of the trickle down fallacy supported and pushed by the GOP since Reagan. Living a lie, manipulated like pawns.
John SmithsonApril 30, 2014 at 2:18 PM
Surely you are not blaming Bush, 6 years after the fact, and 5 years after Obama via Wasserman said, "The economy, now, belongs to us?" Or, four years after this economy was going to boast 4.5% unemployment !!!

Question: shouldn't we ALL be critical of nearly 6 years of failure? I am a Democrat turned independent. That is what I am. I do not believe in excuses.