Yet another lefty-loony has gone so far out on the fight to raising minimum wage, it’s safe to say she’s orbiting the planet. In what should have been a sensible debate, the California Congresswoman shared that she thinks minimum wage should be raised to $26/hr. – at least in her state that is.
California Democratic congresswoman Barbara Lee went up against Republican congressman Andy Harris on CNN’s Crossfire to debate the matter. During that time, Lee shared that before being elected into Congress, she was a small business owner that held over 300 employees and they were able to pay far above even the proposed minimum wage of $10.10/hour.
Lee explained that paying “cost-of-living” wages of about $25-26/hr., they were able to increase productivity, efficiency and ultimately, turnover. She was then asked what she thought of Seattle’s mayor suggesting minimum wage be upped to $15/hr. to which she replied, “good for him.”
She went on to say, “In California — more than likely, from what I remembered — a living wage where people could live and take care of their families and move toward achieving the American dream was about $25, $26 an hour.”
Asked point blank if she would support a wage hike of that extent she shot back without thinking, “Absolutely I would support it for California.”
And we have lift off.
It’s really unclear at this point why it’s so hard for Democrats to understand that businesses are having a hard enough time staying afloat with the policies already put in place by the left. Now, in a still crumbling economy, they want to add an even larger burden that will surely bankrupt a large portion.
Hinting at that likelihood, the host, former Republican Speaker of the House Newt Gingrich, asked, “And you don’t think that’d have an effect on unemployment?”
“No, Newt, trust me, believe you me,” Lee answered. “You’d have a more productive workforce, you’d have people who could afford to live in areas now where they cannot afford to live. You would increase diversity in certain communities where you don’t have diversity anymore. You would have economic parity and the income gap would begin to close.”
The conversation then shifted to other countries and statistical data between those with minimum wage mandates compared to those that don’t. Come to find out, those forcing business owner’s hands to pay a certain amount have an unemployment rate of around 13.8%. Those who don’t – including the “economic powerhouse Germany” – are having great success while reporting unemployment rates being a measly 6.3%.
Lee mentioned that foreign governments have, in place, certain “safety nets” that allow for minimal survival if they become unemployed. Harris on the other hand, switched sides saying he hoped California would raise their minimum wage to $26/hr. as businesses would literally be flocking from the state. He went on to mention that that is already happening, touching on Toyota’s announced move, and that Maryland could use the jobs.
As noted by The Libertarian Republic, “If a $26-an-hour minimum wage was instituted in California, employees working 40 hours per week and taking no vacations would earn over $54,000 each year.”
So what do you think – are all jobs worth that kind of compensation? What other effects are the nearsighted Liberals not aware of? Let us know in the comments below.