WASHINGTON — A Democratic bill (click here) to raise the federal minimum wage failed in a key procedural vote in the Senate on Wednesday. The defeat was expected, but that did not deter President Obama and Senate Democrats who have pledged to make it an issue in the 2014 elections.
Hours after the vote, President Obama lashed out against Republican lawmakers for blocking the legislation, citing polling that shows a majority of Americans support a hike in the minimum wage.
In remarks at the White House, he said Americans shouldn't be deterred by the vote, and urged voters to pressure GOP lawmakers to embrace raising the minimum wage, which was increased to $7.25 in 2008."
"If your member of Congress doesn't support raising the minimum wage, you got to let them know they are out of step, and if they keep putting politics ahead of working Americans, you'll put them out of office," Obama said....
Republicans know nothing about economics. They have cast the American people into poverty to attempt to compete with China's wage labor.
Below is the Australian Debt to GDP ratio. The USA should be so lucky to have a well paid population to facilitate economic growth and a sustainable tax base. Australia has one of the highest minimum wages in the world. It doesn't get more obvious than that.
China is a communist nation where private property is not within reach of the average citizens. That is exactly where America is heading under decades of Republican ideology.