- BitsBlog - https://bitsblog.com -

Joe Biden: Raise the Minimum Wage Or Biden’s IQ

Other than that fact the Head Start does not work, it is a shame the Strutting Delaware Blue Hen,  a/k/a Obama’s Life Insurance Policy. b/k/a Vice President Joe Biden is too old, and senile, have reaped any of the programs alleged benefit, from Washington Times [1]:

Vice President Joseph R. Biden asked Americans Saturday to confront lawmakers who oppose raising the federal minimum wage.

“Ask your representatives who oppose raising the federal minimum wage—why do they oppose it?” Mr. Biden said in the White House weekly address. “There’s no reason in the world why an American working 40 hours a week has to live in poverty.”

No Mr. Vice President. Rather than living in poverty, a minimum wage earner is more likely a child living at home, covered under their parents medical insurance, from Bureau of Labor Statistics [2]:

Minimum wage workers tend to be young. Although workers under age 25 represented only about one-fifth of hourly paid workers, they made up about half of those paid the Federal minimum wage or less. Among employed teenagers paid by the hour, about 21 percent earned the minimum wage or less, compared with about 3 percent of workers age 25 and over.

For purposes of Obama Care, the regime has defined people under the age of twenty-six as children. So why does anybody living rent free and with no need to pay Obama Care premiums need more money for video games?

Washington Times again:

“There’s clear data that shows fair wages generate loyalty of workers to their employers, which has the benefit of increasing productivity and leading to less turn over,” Mr. Biden said. “It’s really good for the economy as a whole because raising the minimum wage would generate an additional $19 billion in additional income for people who need it the most.”

If the benefits of a wage increase were as alleged by Mr. Biden, there would be no need for federal legislation. Employers would do it of their own accord.