Senate GOP Blocks Minimum Wage Increase for the economy and for jobs, 7 months after Government Shutdown
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They said they don’t want to risk jobs being lost (CBO: 2/3 chance of 0.3% loss of jobs)
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They said it is bad for the economy
Yet they reject 600 economists from over 500 of Universities, 7 Nobel prize winning economists, all the data that the Government and other major non-partisan orgizations collect, all the rigorous research from the top universities and think tanks with America's most brilliant minds, and reject modern economics as a whole. But yet they know what is best for the economy?
Look right, and see if the same group has a track record of doing what is best for jobs and this country's economy.
Senate GOP Blocks Federal Minimum Wage Bill 4/30/2014
The same group who opposes the minimum wage, amd claim to have authority on the economy willfully caused the Government Shutdown that caused the following in just
16 days:
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$24 billion dollar loss in the economy (according to Standards and Poors)
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Left 450,000 Federal Employees without pay (according to Moodys, DOD, and CRS)
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120,000 less jobs in the Private Sector (according CRS an the Whitehouse)
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Government Programs that assist the elderly, the blind and the homeless to stop operating (according CRS an the Whitehouse)
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Caused all parks and museums to close across the nation and that included Guam (according CRS an the Whitehouse)