Quote:
Originally Posted by arock10
Uh you mean the recession that started under Bush caused it and it would've been much worse if Obama didn't take steps like bailing out the auto industry, financial industry etc... Including the fed printing $85bn a month.
These lower jncome jobs are appearing due to deregulation brought on by conservatives. Min wages have declined since the 70s, the purchasing power of the min wage was $10.50 then, so the least that can be done here is raise the min wage to $10
People being paid min wage spend all their money, it's a great investment.
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You don't read much do you?
Bush did the auto bail out, Obama added to it.
Saying it's bad but would have been worse if Obama didn't do what he did? Ok, Prove it!
You can't!
The OP wasn't about minimum wages, it is about people forced into minimum wage jobs when they had middle class jobs, all under the watch of the Obama Administration.
1.85 million people got moved into a lower class in the last 5 years.
Obama owns the economy, he spent a lot of money in the stimulus to fix it and that didn't work.
If you think the economy is better, why is the median wage 8% lower, what has your glorious leader done to fix that?
The recession started 17 months after the democrats got control of the house and the senate, leaving Bush as a lame duck president, how is he responsible for the recession?
You'll say it was the deregulation of the banks that caused it and Obama fixed the problems with the banks? Then why does the fed print up 85 billion a month and give it to the banks, they are having record earnings because of it. If you need 85 billion a month to keep the stock market to do well and the banks to do well, then you have a problem, try to see that!