Drudge Retort: The Other Side of the News
Tuesday, February 18, 2014

Feb 18 (Reuters) - Raising the U.S. federal minimum wage to $10.10, as President Barack Obama and Democrats in Congress are proposing, could result in about 500,000 jobs being lost by late 2016, the Congressional Budget Office (CBO) estimated on Tuesday.

The non-partisan CBO also said that increasing the hourly wage could reduce U.S. budget deficits by a small amount for several years, but then increase them slightly in later years.

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The Effects of a Minimum-Wage Increase on Employment and Family Income

Effects of the $10.10 Option on Employment and Income
Once fully implemented in the second half of 2016, the $10.10 option would reduce total employment by about 500,000 workers, or 0.3 percent, CBO projects (see the table below). As with any such estimates, however, the actual losses could be smaller or larger; in CBO's assessment, there is about a two-thirds chance that the effect would be in the range between a very slight reduction in employment and a reduction in employment of 1.0 million workers.

www.cbo.gov

#1 | Posted by paneocon at 2014-02-18 03:13 PM | Reply | Flag:

"The increased earnings for low-wage workers resulting from the higher minimum wage would total $31 billion, by CBO's estimate. However, those earnings would not go only to low-income families, because many low-wage workers are not members of low-income families. Just 19 percent of the $31 billion would accrue to families with earnings below the poverty threshold, whereas 29 percent would accrue to families earning more than three times the poverty threshold, CBO estimates."

worth reminding some here that only 19% of the additional earnings from the increase will go to families earning below the poverty threshold.

#2 | Posted by eberly at 2014-02-18 03:22 PM | Reply | Flag:

So what? The Country could use another 500,000 entrepreneurs on top of the 250,000 announced last week. -The Left

#3 | Posted by wisgod at 2014-02-18 03:26 PM | Reply | Flag:

I can just see all the McDonalds outsourcing to China now.

#4 | Posted by 726 at 2014-02-18 03:40 PM | Reply | Flag:

When the dust settles from this administration, the only jobs left will be those running the soup kitchens.

#5 | Posted by wisgod at 2014-02-18 03:45 PM | Reply | Flag:

I say crank up the EPA, raise the min. wage, lets take this sucker down!

#6 | Posted by paneocon at 2014-02-18 04:05 PM | Reply | Flag: | Funny: 1

Amateur Hour. Obama is truly out of his league. There were many who predicted that not vetting this guy, getting caught up in the hype was a mistake. Now Obama is proving them right.

#7 | Posted by sawdust at 2014-02-18 04:56 PM | Reply | Flag:

Republicans are thrilled to their toes over a new Congressional Budget Office report suggesting that raising the minimum wage to $10.10 would increase income to families below the poverty threshold by a net of $5 billion, to other families by billions more, and would cost around 500,000 jobs. Why are they thrilled? Because they get to say the CBO says raising the minimum wage is a job-killer, while ignoring other key points from the CBO. For instance:

- CBO finds that raising the minimum wage to $10.10 per hour would directly benefit 16.5 million workers.

- CBO finds that raising the minimum wage would increase income for millions of middle-class families, on net, even after accounting for its estimates of job losses.

- CBO also found that raising the minimum wage would lift 900,000 people out of poverty.

In addition to all that, Republicans are ignoring -- or denying -- the fact that the CBO's 0.3 percent employment decrease estimate contradicts decades of economic research finding -- not predicting, but looking at cases where the minimum wage is actually raised and finding -- that employment doesn't decline in any meaningful way as a result of minimum wage increases.

Daily Kos

#8 | Posted by Derek_Wildstar at 2014-02-18 05:18 PM | Reply | Flag: | Funny: 2 | Newsworthy 3

When the dust settles from this administration, the only jobs left will be those running the soup kitchens.

A true entrepreneur would take the initiative and start building soup kitchens.

#9 | Posted by ClownShack at 2014-02-18 05:24 PM | Reply | Flag:

When the RW has a plan to build jobs and prosperity, post it.

#10 | Posted by BruceBanner at 2014-02-18 05:52 PM | Reply | Flag: | Newsworthy 1

When the RW has a plan to build jobs and prosperity, post it.
#10 | POSTED BY BRUCEBANNER

As the TeaParty has been saying, shut down the border, aggressively go after the owners of businesses that hire illegals. Allow repatriation of profits for less tax if the companies hires people......

I will throw in raising the minimum wage, $1 every year as shown by the CBO, after all the above is accomplished....

#11 | Posted by AndreaMackris at 2014-02-18 06:13 PM | Reply | Flag:

if you know the right people in the government....

Knowing the right people in the government is a great thing.

Ambassadorships anyone? Just don't go to Libya.

#13 | Posted by ClownShack at 2014-02-18 06:21 PM | Reply | Flag:

Andrea; At least the third thing is impossible when places like Ireland have no corp taxes.

#14 | Posted by BruceBanner at 2014-02-18 07:57 PM | Reply | Flag:

Correction: it's 10%

#15 | Posted by BruceBanner at 2014-02-18 07:57 PM | Reply | Flag:

There were many who predicted that not vetting this guy, getting caught up in the hype was a mistake. Now Obama is proving them right.
#7 | Posted by sawdust

Even if that's true, Obama still "vetted" a lot better than McCain, Palin, Romney, and Ryan.

#16 | Posted by snoofy at 2014-02-19 12:29 AM | Reply | Flag:

#8 | POSTED BY DEREK_WILDSTAR

NW facts sans rwing spin.

Perception over reality is the GOP Way.

#17 | Posted by Corky at 2014-02-19 12:33 AM | Reply | Flag:

I will throw in raising the minimum wage, $1 every year as shown by the CBO, after all the above is accomplished....
#11 | Posted by AndreaMackris

See, this is the problem with Republicans lately. They've taken the economy hostage and won't release her until their list of demands is met.

I hope this helps you understand why people find your party more repulsive than the other one. It's not just your values and policies. It's something as simple as how you act.

#18 | Posted by snoofy at 2014-02-19 12:35 AM | Reply | Flag: | Funny: 1 | Newsworthy 1

Obama still "vetted" a lot better than McCain, Palin, Romney, and Ryan.

As an incumbent with 4 years under his belt in 2012 - fine.

As for 2008....he had a ridiculously thin resume. Almost non-existent.

#19 | Posted by JeffJ at 2014-02-19 12:35 AM | Reply | Flag:

They've taken the economy hostage and won't release her until their list of demands is met.

What?

#20 | Posted by JeffJ at 2014-02-19 12:37 AM | Reply | Flag:

Mackris's word "after."
It's in bold for a reason.
Maybe, if you try really really hard, you can discern what that reason is.

#21 | Posted by snoofy at 2014-02-19 03:19 AM | Reply | Flag:

"As the TeaParty has been saying, shut down the border, aggressively go after the owners of businesses that hire illegals."

The TEa Party has not been saying they want the government to go after the owners of businesses that hire illegals.
Lock down the border as securely as you dream but don't look now but there are thousands of miles of coastline. Come to S. Florida and witness the immigrants who came by boat.

#22 | Posted by danni at 2014-02-19 06:51 AM | Reply | Flag:

They should treat minimum wage the same way they treated the military pay gap that existed in the 90's. Add $.50/hr every year for 7 years and then index future increases to inflation.

#23 | Posted by MUSTANG at 2014-02-19 07:36 AM | Reply | Flag:

#22 You're wrong about that, Danni. Going after businesses that hire illegals has always been a top priority. You can't stop the flow unless you stop luring them in.

#24 | Posted by MUSTANG at 2014-02-19 07:38 AM | Reply | Flag:

"#22 You're wrong about that, Danni. Going after businesses that hire illegals has always been a top priority. You can't stop the flow unless you stop luring them in."

So jail those who hire them. Oh wait, too many Tea Partiers are employers who hire them. And don't even try to tell me different because I know some of these folks personally. We all do.

#25 | Posted by danni at 2014-02-19 07:54 AM | Reply | Flag:

So jail those who hire them. Oh wait, too many Tea Partiers are employers who hire them. And don't even try to tell me different because I know some of these folks personally. We all do.

#25 | POSTED BY DANNI AT 2014-02-19 07:54 AM | FLAG:

Wait.. it's the Tea Party's fault for not arresting those who employ illegals? lol. Hop off your partisan horse for just 5 minutes, it won't kill you.

The state that employs the most illegals is California, predominately SoCal. That's not exactly a bastion of conservatism. They crush everybody else in number of illegals employed. Texas, the place with the biggest border, and "conservative mecca" only manages to employ 2/3 as many as Cali. Florida & New York come in 3rd and 4th respectively. Bringing up the rear in 5th place is Illinois.

#26 | Posted by sitzkrieg at 2014-02-19 08:12 AM | Reply | Flag: | Newsworthy 2

#25 You would have to go way back in the DR archives, but you would find me advocating something similar, although my solution was random no-announcement inspections by law enforcement, down to the local PD level. If an employer was found to have an illegal in their employ (unless they had been given fake IDs or somesuch), they would incur a hefty fine, say $50,000. The law enforcement agency that found the illegal would receive half of that fine as a reward. The result of such an effort would be IMMEDIATE. Employers would scrub their employees, because hiring one would be prohibitively expensive. Local PD's would comb their jurisdictions for offenders, because they could use that money for funding. Illegals would be immediately deported. Win/Win.

#27 | Posted by MUSTANG at 2014-02-19 09:15 AM | Reply | Flag:

Danni thinks jailing employers is a realistic political option.

Neither party will ever come close to doing that, but Danni thinks the Tea party is a factor in it. LOL.

And as Sitz pointed out, the largest concentration of illegal employment occurs in the most blue sections of the most blue states in the country.

#29 | Posted by eberly at 2014-02-19 09:19 AM | Reply | Flag:

"Danni thinks jailing employers is a realistic political option.
Neither party will ever come close to doing that, but Danni thinks the Tea party is a factor in it. LOL."

Baloney. I just think it is pointless to constantly whine about illegal immigration if we aren't willing to arrest and jail the employers who hire them. I realize we won't ever do it but we can, at least, quit whining about things we don't actually intend to ever do anything about.

#30 | Posted by danni at 2014-02-19 09:21 AM | Reply | Flag:

"Nobody will ever claim you don't sterotype entire groups of Americans based on knowing a couple personally."

I'm not stereotyping anyone, I'm just saying that most of us know people who hire illegal aliens. Know any roofers?

#31 | Posted by danni at 2014-02-19 09:22 AM | Reply | Flag:

Know any gardners?

#32 | Posted by danni at 2014-02-19 09:23 AM | Reply | Flag:

Back in the '70's and '80's I knew French Canadians who were caught working illegally. They got deported and the employer had to pay a big fine ($10,000 per employee I think). The laws are already on the books but the enforcement just isn't there.

#33 | Posted by danni at 2014-02-19 09:25 AM | Reply | Flag:

You added Tea Party to your claim. That's where your train went off the tracks per usual.

#34 | Posted by wisgod at 2014-02-19 09:25 AM | Reply | Flag:

The laws are already on the books but the enforcement just isn't there.

#33 | Posted by danni

Obama proved he didn't want it done. But you ignore that proven fact and bow before him.

#35 | Posted by wisgod at 2014-02-19 09:27 AM | Reply | Flag: | Newsworthy 1

"Danni thinks jailing employers is a realistic political option." - Eberly.

I think its a perfectly reasonable option, in fact its the law. Just no one is enforcing it...

The employer also can face up to six months in jail if a pattern of violating the law is found.
www.ohiobar.org

#36 | Posted by AndreaMackris at 2014-02-19 09:28 AM | Reply | Flag:

Danni, I know a guy who employs thousands of illegals.

what do you think the law says is his responsibility?

#37 | Posted by eberly at 2014-02-19 09:29 AM | Reply | Flag:

"Oh wait, too many Tea Partiers are employers who hire them....We all do." - Danni

A self-retorting retort.....

#38 | Posted by AndreaMackris at 2014-02-19 09:32 AM | Reply | Flag:

"Obama proved he didn't want it done. But you ignore that proven fact and bow before him."

That is nonsense. Enforcement is much stronger now than during the Bush administration. Deportations are way up. Border security is much stronger. Realize, I've accepted the illegal aliens, I argued against letting them in back during the housing bubble, the same folks who now argue against them argued that they were just coming here to do jobs Americans won't do back then. I just don't care any more.

#39 | Posted by danni at 2014-02-19 09:36 AM | Reply | Flag:

"You added Tea Party to your claim. That's where your train went off the tracks per usual."

TEa Party argument: "First we have to secure the border."

It's actually a Catch 22, cuz they know it is impossible to actually secure a border as long as our is with Mexico especially when you also consider the thousands of miles of coastlines. Thus, we never actually have to do anything about comprehensive immigration reform which is really what they want so they can keep their cheap labor.

#40 | Posted by danni at 2014-02-19 09:39 AM | Reply | Flag:

Baloney, Danni. You always want it both ways with Obama. He's says the system is broken. Nothings broken when you apply the laws already in place.

Since 2009, the Obama administration has repeatedly invoked executive authority to limit the ability of Immigrations and Customs Enforcement (ICE) agents to follow the law, and has severely restricted their ability to initiate deportations proceedings, even against illegal immigrants who have been arrested on felony charges.

For years the administration has directed government attorneys to dismiss thousands of deportation cases against illegal immigrants. The White House has also pressed employees of United States Citizenship and Immigration Services (USCIS) to speed up approval of applications.

As early as July 2010, the White House began contemplating "Administrative Alternatives to Comprehensive Immigration Reform," or ways that Obama could achieve policy outcomes absent action from Congress. In many instances, it has followed through on these suggested "alternatives," most notably in June 2012, when the administration unilaterally implemented portions of the DREAM Act, legislation that had repeatedly failed to pass Congress. Since then, the administration has granted legal status to more than 500,000 applicants, while rejecting fewer than 15,000.

www.nationalreview.com!

#41 | Posted by wisgod at 2014-02-19 09:43 AM | Reply | Flag:

Just recently the tea party were all racists(complaining about the ------ in the WH), then they became a bunch of old people on medicare (complaining about govt run healthcare), now they are a bunch of employers of illegal immigrants(complaining about the lack of an effective immigration policy).

Gee, what are they tomorrow?

#42 | Posted by eberly at 2014-02-19 09:44 AM | Reply | Flag:

Gee, what are they tomorrow?

#42 | Posted by eberly

The cause of whatever Obama screws up next. -Danni

#43 | Posted by wisgod at 2014-02-19 09:47 AM | Reply | Flag:

12/22/2012
"WASHINGTON -- Immigration and Customs Enforcement officials announced on Friday that the agency surpassed its record number of deportations in the past fiscal year, but also will enact reform of a controversial immigration enforcement program that could lead to fewer non-criminal immigrants being removed from the country.

The agency deported 409,849 immigrants in the 2012 fiscal year, up from 396,906 immigrants last year. More than 392,000 immigrants were deported in the 2010 fiscal year.

ICE touted one improvement: It reported that 96 percent of removals fell into a priority category -- not necessarily a high one -- and that about 55 percent overall were convicted of felonies or misdemeanors."

www.huffingtonpost.com

#44 | Posted by danni at 2014-02-19 09:51 AM | Reply | Flag:

"Just recently the tea party were all racists(complaining about the ------ in the WH), then they became a bunch of old people on medicare (complaining about govt run healthcare), now they are a bunch of employers of illegal immigrants(complaining about the lack of an effective immigration policy)."

You've got the order wrong. First they were a bunch of old people screaming "keep your government hands off my Medicare." Other than that your post is spot on.

#45 | Posted by danni at 2014-02-19 09:52 AM | Reply | Flag:

"but also will enact reform of a controversial immigration enforcement program that could lead to fewer non-criminal immigrants being removed from the country."

Bravo. Reforming the program to less at the behest of Obama. Good find, Danni!

#46 | Posted by wisgod at 2014-02-19 09:59 AM | Reply | Flag:

I've only seen one Tea Party rally. It was in my town square about two months after Obama was elected the first time. None of these people were in the town square during the eight years that saw this country screwed over by the last guy. All of their signs were whiney crap about their party losing the eleciton "I want my country back" and similar garbage. Not one single sign about policies. And yes, they were old.

It would have been impossible for me to have been less impressed.

#47 | Posted by Sully at 2014-02-19 10:00 AM | Reply | Flag: | Newsworthy 1

#47 | POSTED BY SULLY

Did they strike you as racist?

#48 | Posted by JeffJ at 2014-02-19 10:01 AM | Reply | Flag:

"Bravo. Reforming the program to less at the behest of Obama. Good find, Danni!"

Prioritizing which is within the powers of the Executive Branch and it makes perfect sense to focus on those with criminal records.

#49 | Posted by danni at 2014-02-19 10:06 AM | Reply | Flag:

Realize also Eberly, I'm not in favor of deporting people who were let in back during the housing bubble. We let them in to build houses cheap, we exploited them for cheap labor, if they worked and didn't break other laws then I think we should let them stay here. They are people just like us and after this long in the country they should be allowed to stay and work towards citizenship.

#50 | Posted by danni at 2014-02-19 10:08 AM | Reply | Flag:

Danni post links about deportation but says nothing about the fact that Obama isn't prosecuting the people that hire illegals.

#51 | Posted by Dalton at 2014-02-19 10:12 AM | Reply | Flag:

Prioritizing which is within the powers of the Executive Branch and it makes perfect sense to focus on those with criminal records.

#49 | Posted by danni

Would hurt the Democrats in November either.

#52 | Posted by wisgod at 2014-02-19 10:13 AM | Reply | Flag:

#36

Andrea, I know what the law says but the law is always up to interpretation of the courts on how it's going to be enforced.

Read the link you posted. It points out the reality that the courts have not really come down on employers like you would think the law dictates.

An employer can send in an I9 verification form in good faith even when the supporting documents, such as a fake SS card, are provided.

Even if an employer receives a letter stating that an employees records don't match, the courts don't interpret that as a violation.

#53 | Posted by eberly at 2014-02-19 10:22 AM | Reply | Flag:

Re# 1.

Where do you think all the money will go from a minimum wage increase?

Right back into the economy. That is why the CBO cannot say whether the number will higher or lower. This is an unknown variable. But if you use some common sense (or just look at history) you would see the sky is not falling. Minimum wage workers spend everything they earn.

You guys should take your Obamahate glasses off once in a while.

Also it is telling how you gleefully quote the cbo whenever there is any nuggets of negativity to report but poo poo government data when it is positive.

#54 | Posted by donnerboy at 2014-02-19 10:22 AM | Reply | Flag:

Where do you think all the money will go from a minimum wage increase?

Right back into the economy.

Common sense says 500,000 more people will have an additional 8 hours to shop and spend. -Donnerboy

#55 | Posted by wisgod at 2014-02-19 10:28 AM | Reply | Flag: | Funny: 1

Did they strike you as racist?

#48 | Posted by JeffJ at 2014-02-19 10:01 AM | Reply | Flag:

Their main gripe seemed to be that they wanted "their country back".

I didn't ask for clarification but I assumed they wanted their party back in the oval office regardless of the fact that their party's president had been a horrible disaster for the previous eight years.

I supposed they could have had a racist meaning but that's not what I thought at the time.

They gave off more of a worthless partisan idiot vibe than anything else.

#56 | Posted by Sully at 2014-02-19 10:30 AM | Reply | Flag: | Newsworthy 1

-I've only seen one Tea Party rally

We had them in Naples a few years back at heavily trafficked street intersections. There would be dozens of SUVs, Mercedes, and Lincolns parked nearby, most of the protesters wearing Rolex and Gucci, holding signs complaining about losing the Bush tax cuts.

#57 | Posted by Corky at 2014-02-19 10:42 AM | Reply | Flag:

Sure those weren't IRS agents?

#58 | Posted by wisgod at 2014-02-19 10:51 AM | Reply | Flag:

#57 | Posted by Corky at 2014-02-19 10:42 AM | Reply | Flag:

Well then at least they had an actual issue they were concerned over, which puts them head of shoulders above the tea party cretins in my town.

#59 | Posted by Sully at 2014-02-19 10:54 AM | Reply | Flag:

Danni is right that deportations are up. Obama is on track to have 2,000,000 deported under his watch. It doesn't matter what right wing hacks think he's done to hamstrung immigration, he's deported more than Bush, and he did it when immigration rates were actually at their lowest due to the recession.

...and this thread sums up why immigration reform won't go anywhere anytime soon. Some people are right about some things, and everybody is too busy hating each other and spewing political nonsense to come to a practical, reasonable middle ground.

#60 | Posted by sitzkrieg at 2014-02-19 10:55 AM | Reply | Flag:

Oops....
The Obama administration deported just 1 percent of illegal immigrants living within the interior of the U.S. last year, according to statistics released Thursday, which signals that most illegal immigrants face little chance of being kicked out of the country.

Read more: www.washingtontimes.com

#61 | Posted by wisgod at 2014-02-19 11:02 AM | Reply | Flag:

"There would be dozens of SUVs, Mercedes, and Lincolns parked nearby, most of the protesters wearing Rolex and Gucci,"

which bothers you, as you can't afford any of that.

We know.

#62 | Posted by eberly at 2014-02-19 11:21 AM | Reply | Flag:

I could buy you three times over.

#63 | Posted by Corky at 2014-02-19 11:24 AM | Reply | Flag:

I could buy you three times over.

#63 | Posted by Corky

LOL! You lefties are all rich on anon sites.

#64 | Posted by wisgod at 2014-02-19 11:26 AM | Reply | Flag:

It must be time for Corky to mention his zip code again.

LOL

#65 | Posted by eberly at 2014-02-19 11:27 AM | Reply | Flag:

82 degrees here in Naples by the beach today, btw.

#66 | Posted by Corky at 2014-02-19 11:28 AM | Reply | Flag:

public beach for you, no doubt.

#67 | Posted by eberly at 2014-02-19 11:29 AM | Reply | Flag:

82 degrees here in Naples by the beach today, btw.

#66 | Posted by Corky

Corky makes his fortune manufacturing Hour Glasses at the Naples beach.

#68 | Posted by wisgod at 2014-02-19 11:32 AM | Reply | Flag:

So it goes. Some poster comes along and starts the ad hominem as in #62, because he has nothing relevant to say, and it's all downhill from there.

#69 | Posted by Corky at 2014-02-19 11:36 AM | Reply | Flag:

So we must raise the min wage huh? What about spending $800 billion to get things going and create jobs? That was supposed to be the golden ticket. Opps... didn't work.. oh well, what's $800 billion when you increase the national debt by $8 trillion.

Like ObamaCare, they don't give a freak about those who are going to lose their jobs over raising the min wage. To hell with them.

#70 | Posted by sames1 at 2014-02-19 11:37 AM | Reply | Flag:

Oh, I'm sorry. I was on the wrong off-topic topic.

Let's go back to tea party rallies, then.

oh, or we could discuss minimum wage, or the beach, or Rolexes.

whatever....someone brought that up, too.

#71 | Posted by eberly at 2014-02-19 11:40 AM | Reply | Flag:

one question to some of you talking about illegals...

which party supports e verify and which one doesn't....

and every source I've read admits that 900,000 could rise above poverty level, but with this 500,000 losing jobs....is that worth it? I say no.

#72 | Posted by afkabl2 at 2014-02-20 01:29 PM | Reply | Flag:

Dey took er jerbs!!!

Illegals aren't the reason for our crappy job situation.

#73 | Posted by klifferd at 2014-02-21 08:07 AM | Reply | Flag:

Corporate America is doing just fine and needs to fork over their fair share.

Horror! is the dollar menu going to cost $1.25 now?
Still cheap.

That pizza ------' poppa John said he would have to raise his pizza price a whopping 11c if he had to give his employees healthcare.

His customers said, "so what" they were willing to pay alot more if employees were treated fair.

It can't continue this way forever.
Either the 1% -ers fork it over peacefully or they will trampled under the masses demanding equality.

#74 | Posted by drewl at 2014-02-21 08:32 AM | Reply | Flag:

Either the 1% -ers fork it over peacefully or they will trampled under the masses demanding equality.

#74 | Posted by drewl

I'm sure they're shaking over the have-nots getting off their asses.

#75 | Posted by wisgod at 2014-02-21 08:42 AM | Reply | Flag:

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