House Votes to Raise Unemployment Rate for the Most Vulnerable

NewImageI showed my son the NY Times headline, and he came up with the title: House Votes to Raise Unemployment Rate for the Most Vulnerable. 

Liberals are wagging their fingers at the companies who are automating away their low wage jobs. But by raising the minimum wage, they have priced the most vulnerable workers out of the marketplace, making automation affordable. 

WASHINGTON — The House voted Thursday to
raise the federal minimum wage to $15 an hour by 2025, delivering a
long-sought victory to liberals and putting the Democratic Party’s
official imprimatur on the so-called Fight for $15, which many
Democratic presidential candidates have embraced.

The
bill would more than double the federal minimum wage, which is $7.25 an
hour — about $15,000 a year for someone working 40 hours a week, or
about $10,000 less than the federal poverty level for a family of four.
It has not been raised since 2009, the longest time the country has gone
without a minimum-wage increase since it was established 1938.

The
measure, which passed largely along party lines, 231-199, after
Republicans branded it a jobs-killer, faces a steep climb in the Senate.
Only three Republicans voted for it, while six Democrats opposed it.

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