The time to raise the minimum wage is not an economy when 30 million people are unemployed, taxes are going up, and the stock market is being propped up with tyrannical debt-laden machinations from the FED which will end in disaster, soon.
The House on Friday rejected a Democratic push to raise the federal minimum wage to $10.10, shooting down one of President Obama’s priorities from his State of the Union speech.
The 233-184 defeat also exposed divisions within the Democratic Party. Where Mr. Obama called for a hike from the current $7.25 to $9 an hour, congressional Democrats pushed for a $10.10 rate.
But they couldn’t muster unity even within their own ranks. Six Democrats from conservative-leaning districts voted against the wage increase, as did every single Republican who was present.