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America is in trouble, and demonstrably anti-American Rep. Ilhan Omar couldn’t be any happier.
In a tweet posted Saturday, former Trump administration U.S. Ambassador to the U.N. Nikki Haley broke the news that one of the most radical members of Congress, Sen. Bernie Sanders, is slated to chair the Senate Budget Committee.
“Time to face the harsh reality, socialist Bernie Sanders will become the chairman of the Sen Budget Committee. He has vowed to use his position to enact his progressive agenda on healthcare, climate, infrastructure spending, & cutting defense spending,” she wrote.
In response to Haley’s tweet, Omar took a victory lap.
— Ilhan Omar (@IlhanMN) January 17, 2021
Sadly, what Haley wrote was 100 percent accurate, including her warning about Sanders’ interest in using his newly obtained position of power to push the sort of radical policies that have destroyed whole industries in California.
But it’s even worse than that …
“Despite Democrats’ narrow control of the Senate, Mr. Sanders is expected to exert heavy influence over taxes, health care, climate change and several other domestic issues,” The New York Times has confirmed.
“That is because his role as budget chairman will give him control over a little-known but incredibly powerful congressional tool that allows certain types of legislation to win Senate approval with just a simple majority.”
This was the same tool that was used to pass Obamacare, a catastrophic law that caused healthcare premiums to skyrocket for millions of working-class Americans.
With the tool at his disposal, Sanders could potentially pass the PRO Act, which would destroy millions of jobs, and a $15 minimum wage hike, which would destroy millions of more jobs. The only saving grace is that President-elect Joe Biden isn’t as radical as him.
Nevertheless, Biden has already begun touting a $15 minimum wage by vowing to include it in a coronavirus stimulus bill.
It’s long past time to raise the minimum wage, so hardworking people earn at least $15 an hour.
I hope that Democratic control of the House and Senate will ensure prompt action to get it done.
— Joe Biden (@JoeBiden) January 12, 2021
Yet if a $15 minimum wage does make it into law, the consequences will be devastating on small businesses, according to Andy Puzder, a restaurant industry veteran who served as the CEO of CKE Restaurants for over 16 years.
Writing for Fox News this week, he noted that small businesses are already struggling as it is because of the coronavirus pandemic.
“Such a dramatic increase would exacerbate the devastating impact economic lockdowns are having on small businesses, while doing great harm to 10.7 million Americans who are unemployed,” he wrote.
“The situation is so desperate for struggling small businesses that Congress recently increased the total funds available under the Payroll Protection Program to nearly $1 trillion to help them pay their employees and stay afloat.”
Indeed, even with two coronavirus relief bills having already been passed, countless businesses have shuttered permanently because of the mounting expenses.
This is what the Communist Chinese and Democrats wanted! https://t.co/acGcUNVKsg
— HeyMike45 (@Mikeymike4545) May 8, 2020
“Imagine the devastating impact a $15 minimum wage would have today in the wake of economic lockdowns sparked by the COVID-19 pandemic that have destroyed tens of thousands of small businesses,” Puzder continued.
“The result to date is both the 10.7 million people unemployed plus another 7.1 million people who are out of the labor force (so are not counted as unemployed) but who ‘want a job now.’ That means nearly 18 million people are competing for only 6.5 million job openings, according to the latest data from the Bureau of Labor Statistics.”
The competition would only skyrocket with a $15 minimum wage law, as businesses would respond by laying off people — which is what always happens when businesses are forced to adopt unreasonable wages that cut into their bottom line.
— Conservative News (@BIZPACReview) January 12, 2018
Within just months of Seattle imposing a $15 minimum wage on its businesses back in 2015, the left-wing utopia hemorrhaged 700 jobs. By 2017, the situation was even worse, according to a National Bureau of Economic Research report.
Summarizing the report on Facebook at the time, Professor Jonathan Meer of Texas A&M University noted that Seattle may have well taken the money low-income workers had been earning prior to the wage hike and set it on fire.
“The numbers of hours worked by low-wage workers fell by 3.5 million hours per quarter. This was reflected both in thousands of job losses and reductions in hours worked by those who retained their jobs,” he wrote.
“The losses were so dramatic that this increase ‘reduced income paid to low-wage employees of single-location Seattle businesses by roughly $120 million on an annual basis.’ On average, low-wage workers lost $125 per month. The minimum wage has always been a lousy income transfer program, but at this level you’d come out ahead just setting a hundred million dollars a year on fire. And that’s before we get into who kept vs lost their jobs.”
I’ve linked to a new paper by Jacob Vigdor & the Seattle Minimum Wage Project team. This is the official study that was…
Fast-forwarding back to the present, if Biden is able to pass a $15 minimum wage through the Senate thanks to soon-to-be Budget Committee chair Sanders, expect to see similar job losses at the national level.
It’s unclear whether Omar will take a victory lap for that as well …
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