It’s a classic argument offered by Libertarian economists; “an increase in the minimum wage will kill jobs.” The problem with the argument is that the facts show this isn’t the case. A 2011 study found that minimum wages don’t hurt the employment prospects of low-wage workers.
Last night’s State of the Union address by President Barack Obama covered a long list of domestic and foreign policy initiatives common to such messages. The President called on congress to pass entitlement reforms and other legislative initiatives rather than moving from one manufactured crisis to another.
Tonight President Barack Obama will deliver the annual State of the Union address to Congress. His address will begin at 6:00 pm Pacific Time. The Democratic Party of Orange County will be hosting a State of the Union watch party at the IBEW Local 441 Union hall in Orange. If yo want to watch the President’s address with other like minded individuals, then this is the place to be.
In an interview with President Barack Obama on Sunday night, CBS News anchor Scott Pelley asked if the Boy Scouts of America should end their ban on gays? President Obama answered in one word; Yes.
As we stand on the edge of the fiscal cliff, waiting to see if the Republicans in Congress choose to walk back from the edge with Democrats or jump—pulling us all over into an economic abyss, I want to recall with you some of the highlights of 2012.