Doubling the minimum wage to $15 an hour sounds like a good idea but it’s not.
In July, Democrats in the U.S. House voted that increase as a meaningless gesture to prove that they are trying to accomplish something. The action was part of their presidential strategy to make people hate the rich and give stuff to the poor.
But like so many liberal ideas, it seems good but it’s not workable.
“We have seen record low unemployment rates and historic economic growth under President Trump, but this one-size-fits-all legislation would take all of that away,” said U.S. Rep. Markwayne Mullin, R-Oklahoma. “The non-partisan Congressional Budget Office estimated that this bill would kill 3.7 million jobs, which is the population of the entire state of Oklahoma. This is unacceptable. Raising the minimum wage is not the answer to ensuring Americans have good-paying jobs. With 6.9 million open jobs in our country, we should provide people with the education and resources they need to succeed.”
Even U.S. Rep. Tom Cole, R-Oklahoma, voted against the House resolution.
“While I don’t doubt this bill is well-intentioned, it is unprecedented and misguided for a country as large and diverse as the United States,” Cole said. “Never in our history, or indeed in the industrialized world, has the minimum wage been increased so drastically in such a short amount of time.
“Indeed, the one-size-fits-all policy proposed by the Democrats would have dramatic and unintended consequences nationwide for the very people it seeks to help and could cause up to four million lost jobs. In fact, the Economic Policies Institute predicts that the legislation would lead to nearly 38,000 jobs lost just in Oklahoma.”