The President, the Governors, and the Minimum Wage
In his continuing effort to avoid Congress, President Obama met with state governors on Monday. He stressed that they can can do practical and popular things together, like raise the minimum wage. He’s already flown solo raising the minimum for federal contract workers.
Minimum Wage Economy
Louisiana Governor Bobby Jindal responded that the Obama economy is a minimum wage economy. Jay Carney said Jindal prefers a $7.25 economy.The Office of Management and Budget says raising the minimum wage will cost 500, 000 jobs.
Meanwhile, the economy in North Dakota is booming. Wages there are soaring for workers who do the one thing the president hates most – produce fossil fuels.
Love this one, Chip. He could also approve the Keystone pipeline.