Sunday, March 27, 2011

Cut Taxes First To Help Economic Growth

   How about a little bit of common sense this morning as I sip the morning brew.The New York Times this morning are masquerading or portraying themselves out there to be the spokesman "for the little guy" but then reality sets in.
  A Minimum Wage Increase is the title of the lead OPED in this mornings NYT.It begins with "As the nation grapples with a jobs crisis and unemployment hovers near 9 percent, it is easy for policy makers to forget the plight of those who work but earn very little. There are about 4.4 million workers earning the minimum wage or less, according to government statistics. This amounts to about 6 percent of workers paid by the hour. They need a raise."
  How about a bigger raise in cutting those workers taxes by cutting pay rolls taxes so job creators can keep more of their $$$ and afford a pay raise for their employees that the NYT is ranting and raving about.
  The NYT has a nerve to attack the truth "Opponents argue that raising the minimum wage would inevitably lead to higher unemployment, prompting companies to cut jobs and decamp to cheaper labor markets. It is particularly bad, the argument goes, to raise it in a weak labor market. Yet with unemployment likely to remain painfully high for years to come, this argument amounts to a promise that the working poor will remain poor for a long time."And thus you have the blame game from the NYT
  "What’s more, we know now that the argument is grossly overstated."Over stated about what the truth.CUT TAXES for businesses so that those employees can get the much needed raise.
  Once again more of the blame game "Despite evidence to the contrary, businesses and Republicans may keep pushing against the minimum wage — using the jobs crisis now to clinch their argument. They should be disregarded, because their argument is wrong and the United States is too rich to tolerate such an underclass."Yeah right the US is too rich.Give me  break NYT.

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