If you're fortunate enough to still have a minimum wage job that hasn't been outsourced then keep thanking God. Because Obama doesn't care if your outsourced job ever comes back from overseas.
When asked in his internet town hall meeting:
“When can we expect that jobs that have been outsourced to other countries to come back and be made available to the unemployed workers here in the United States?"
“there's always a country out there that pays lower wages than the U.S."
“So I guess the answer to the question is, not all of these jobs are going to come back. And it probably wouldn't be good for our economy for a bunch of these jobs to come back because, frankly, there's no way that people could be getting paid a living wage on some of these jobs – at least in order to be competitive in an international setting,”
This pretty much proves that Obama is complete fraud, and is really clueless about how to fix the U.S. economy. So keep thanking God for Obama because I sure as hell won't.
Asleep at the switch? I don't even know what that means. Bet you don't either. So the wing-nuts in VA ousted their party chairman today? I really wish I did not take so much pleasure in the on-going implosion of the party that brought us the disasters of the past eight years. This was one of my favorites - Harriet Miers. Sometimes you really do wonder if the Bushies were living in some alternate universe.
Francislewi: If your post is a true representation of the depth of your economic thinking, I can only conclude that you are a certifiable idiot. It is a relief to me that I may sometimes compete with people like you in the investment markets. It makes one secure about their economic future. JMHO.
Minimum wage had its beginning in 1935. We will always have a minimum wage as long as there are liberals to vote to pass one. As several friends were discussing wages paid by Wal-Mart, their feelings were that W-M should be paying $20+/hour. When gov't got involved in wages, labor became rediculous. Gov't-liberals idea of minimum wage is to pay an individual what he needs, just like welfare, not what he is worth or produces. (By an ex-welfare employee that saw recipients getting more benefits for staing home than some of the employees.)