"Clown Prince" Correction, March 29th

"Clown Prince" Obama's Weekly Blather As Read by That Ol' "Hairplug" Joe Biden


barackINGHAM PALACE
[from the front foyer, I'm not normally allowed in the building per se],
District of Corruption,
March 29, 2014

I’m filling in for President Obama, who is abroad.

Let's start again:  Hi, I'm that "ol' Hairplug," Joe Biden and I'm reading the "Clown Prince's" teleprompter while he's a broad.... Git-It? Git-It?!  That explains "Dear Leader's" sissified 'mom-jeans' and that "girlie first-pitch" in Chicago!!!  Enough frivolity~let's get on with the bullshit~I got places to be:

    I want to talk to you today about the minimum wage and the overwhelming need to raise the minimum wage. There’s no reason in the world why an American working 40 hours a week has to live in poverty. But right now a worker earning the federal minimum wage makes about $14,500 a year.  And you all know that's incredibly hard for an individual to live on, let alone raise a family on.  But if we raise the minimum wage to $10.10 an hour, that same worker will be making $20,200 a year—and with existing tax credits would earn enough to bring that family or a family of four out of poverty. But there’s a lot of good reasons why raising the minimum wage makes sense.  Not only would it put more hard-earned money into the pockets of 28 million Americans, moving millions of them out of poverty, it’s also good for business. And let me tell you why.  There’s clear data that shows fair wages generate loyalty of workers to their employers, which has the benefit of increasing productivity and leading to less turn over. It’s really good for the economy as a whole because raising the minimum wage would generate an additional $19 billion in additional income for people who need it the most.
["Plug" Biden speaking as "Clown Prince" Obama] This~my friends~is an asinine discussion!  Who among you, has earned or deserves a 39.34% raise... ON A WHIM?!?  ...AT THE STROKE OF A PEN?!?  The aforementioned nearly 40% raise in the FEDERAL minimum wage does to the value of existing workers~to the vast majority of whom have risen above the 'minimum wage' level~nothing GOOD, that's for sure!!  The 'minimum wage' is just that: a floor in the wage structure.  It was never intended to be a 'career wage,' only the bottom rung of the ladder to success.  If you've raised your earnings to ...say... $11.50 per hour, all that hard work to get from the current minimum of $7.25 per hour is wasted effort!  The guy/gal next to you got to within 'a buck-forty' of your wages with NO-EFFORT-WHAT-SO-EVER!
["Plug" Biden speaking as 'his-own-bad-self:'] "What he read."

    The big difference between giving a raise in the minimum wage instead of a tax break to the very wealthy is the minimum wage worker will go out and spend every penny of it because they're living on the edge. They’ll spend it in the local economy.  They need it to pay their electric bill, put gas in their automobile, to buy fundamental necessities. And this generates economic growth in their communities.  And I’m not the only one who recognizes these benefits.  Companies big and small recognize it as well. I was recently in Atlanta, Georgia, and met the owner of a small advertising company, a guy named Darien. He independently raised the wages of his workers to $10.10 an hour.  But large companies, as well, Costco and the Gap—they're choosing to pay their employees higher starting wages.  A growing list of governors are also raising wages in their states – the minimum wage. They join the President who raised the minimum wage for employees of federal contractors like the folks serving our troops meals on our bases.  They're all doing this for a simple reason. Raising the minimum wage will help hardworking people rise out of poverty.

["Plug" Biden speaking as "Clown Prince" obama] We are now witness to the affects of the government screwing around with a free-market economy.  The referenced "minimum wage worker" wouldn't be forced to

1) stay under the confines of the minimum wage because~without government meddling~there'd be far more jobs to move up, into and....

2) "spend every penny of it because they're living on the edge!"  Not necessary if, again~the government wasn't meddling~the free market economy were to flourish as previous administrations have allowed. 

    Just one executive decision would cause such a boom that socio-fascism would be buried for generations to come;  that being oil production on federal lands.  Thousands-upon-thousands of jobs would be created practically OVERNIGHT, exploration, drilling/fracking, storage, transportation, refining, sales, ad nauseum!!  But on the other side, "Dear Leader's" handlers can not allow that to happen.  The "tree-huggin'" environmentalist-whackos and~of all people-that capitalist~Warren Buffett must be placated.  Remember Buffett's Berkshire-Hathaway is a vast-majority (77.4%!) stockholder in Burlington Northern Santa Fe Corporation, which is contracted to move hundreds-of-millions of barrels of crude to the western and southern coasts as well as American and Canadian refineries.  Wonder why Buffett's and the "tree-hugger's" collective asses have to be kissed...? "Follow-The-Money!!"

["Plug" Biden speaking as 'his-own-bad-self!"] "What he read."

    It’s good for business. It’s helpful to the overall economy. And there’s one  more important benefit. Right now women make up more than half of the workers who would benefit from increasing the minimum wage.  Folks, a low minimum wage is one of the reasons why women in America make only 77 cents on a dollar that every man makes. But by raising the minimum wage, we can close that gap by 5 percent. And it matters. It matters to a lot of hardworking families, particularly moms raising families on the minimum wage.  And one more thing, folks—it’s what the American people want to do. Three out of four Americans support raising the minimum wage. They know this is the right and fair thing to do, and the good thing to do for the economy.  So it’s time for Congress to get behind the minimum wage bill offered by Tom Harkin of Iowa and Congressman George Miller of California—the proposal that would raise the federal minimum wage from $7.25 an hour to $10.10 an hour.  So ask your representatives who oppose raising the federal minimum wage—why do they oppose it? How can we look at the men and women providing basic services to us all, like cleaning our offices, caring for our children, serving in our restaurants and so many other areas—how can we say they don't deserve enough pay to take them out of poverty?

The President and I think they deserve it. And we think a lot of you do too. So, folks, it’s time to act. It’s time to give America a raise.

["Plug" Biden speaking as "Clown Prince" obama]  If this is such a hot idea for the economy... 'splain to me why labor costs~which are usually the largest business expense~are generally "the-first-to-go" during government manipulation of the free-market system?!?  All the blusterful-blathering in the world can't disguise the fact that increased labor expense COSTS AMERICAN(S) JOBS!!

Poverty can not be "legislated away" with a minimum wage increase!

["Plug" Biden speaking as "his-own-bad-self"!!] "What he read."