View Single Post
Old 08-28-2011, 04:06 AM   #1
weaddercaps

Join Date
Oct 2005
Posts
594
Senior Member
Default Race to the bottom: Bachmann considers lower min. wage to match overseas labor
And then raise the taxes those poor folks so they can pay their fair share, right?

Think Progress: http://thinkprogress.org/politics/20...verseas-labor/

During a campaign stop in Florida, the Associated Press reports that Rep. Michele Bachmann (R-MN) said she would consider lowering the minimum wage. Her comments came in response to a question from a journalist regarding whether changes to the minimum wage should be considered to balance the cost of labor here and overseas. “I’m not married to anything. I’m not saying that’s where I’m going to go,” she replied. Although Bachmann’s comments were reportedly given in the context of creating jobs, a post by the Economy Policy Institute explains why such a policy would mostly just stimulate poverty.
weaddercaps is offline


 

All times are GMT +1. The time now is 06:54 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity