Did You Know...

   

Elizabeth Warren wants to know why the minimum wage isn’t $22 an hour

Share
By Doug Powers  •  March 18, 2013 01:30 PM

**Written by Doug Powers

Because everyone should be able to afford to buy a condo at least as nice as the one Dances With Identity Theft lives in.

From NRO:

In a hearing of the Senate Committee on Health, Education, Labor and Pensions last week on “indexing the minimum wage,” Massachusetts senator Elizabeth Warren inquired of University of Massachusetts professor economics Arindrajit Dube, “If we started in 1960, and we said that, as productivity goes up — that is, as workers are producing more — then the minimum wage is going to go up the same. And, if that were the case, the minimum wage today would be about $22 an hour. So, my question, Mr. Dube, is what happened to the other $14.75?”

What happened to the other $14.75? Maybe it all got spent on tuition for one of Warren’s classes.

Why stop at $22? Why not $100, $200 or $1,000 an hour? Why does Elizabeth Warren hate the working class?

If productivity/performance is the measure for wages, Congress wouldn’t even get a paycheck. At the very least their salaries need to be garnished until the nearly $17 trillion is paid off.

Video via Weasel Zippers:

**Written by Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus
Posted in: Politicians

Movie about Barack & Michelle’s first date might break even just in ticket sales to lapdog media

April 29, 2016 01:33 PM by Doug Powers

obamamovie

Can’t wait for Chris Matthews’ review

White House finally agrees that a reinforced, heightened border fence increases security!*

April 28, 2016 06:40 PM by Doug Powers

borderfence

Mixed messages

Because they care: Will Ferrell to assist Hillary’s push for Alzheimer’s awareness with planned Reagan mockumentary; Updated

April 27, 2016 08:40 PM by Doug Powers

ferrell

The compassion of our Hollywood betters is unmatched

Trump wins all 5 Tuesday primaries, Hillary pours hot sauce on Bernie’s chances

April 26, 2016 08:51 PM by Doug Powers

trumpprimary

Inevitable?

Perfect: John Kerry opposes offshore tax havens the same way he leads by example on climate change

April 26, 2016 09:21 AM by Doug Powers

kerry9

Do as he says, not as he does!


Categories: Enviro-nitwits, Feature Story, global warming, John Kerry

Follow me on Twitter Follow me on Facebook