Creating a Recession: Winning the 2020 Election by Killing the Economy

Episode of: Front Porch Politics | Money, Faith, and Politics

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Jan 1, 20200m
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Creating a Recession: Winning the 2020 Election by Killing the Economy
Jan 10m
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Podcast 116 As the 2020 election draws close, there is a scheme underway. It is not a scheme that is being hidden. This is in plain sight. The socialist have cried for a $15 an hour minimum wage for some time now. The term "living wage" is thrown around like a lawn dart from the '80s. The danger is being done by many states and cities across our country. The estimated cost will be 3.5 million jobs. Podcast 116 will discuss the liberals' plans for creating a recession with minimum wage increases to try to win the 2020 election. Creating a Recession with a new Minimum Wage The minimum wage in more than 20 states and 26 cities and counties across the United States will increase starting on January 1st. Affecting more than half of the country's population and marking the highest jurisdictional raise in U.S. history. "Next year's increase is … going to be seen as the highest number of minimum wage increases of any time,"Yannet Lathrop "Next year's increase is … going to be seen as the highest number of minimum wage increases of any time," Yannet Lathrop, a researcher at the National Employment Law Project, stated. Seventeen of the states and municipalities will surpass $15 an hour. Later next year, four more states and 23 more municipalities will raise their wage floors as well, according to NELP. Those working in the state of Illinois and the city of Saint Paul, Minnesota, will see their salaries increase twice in the new year. Among the cities that have agreed to raise the minimum wage to $15 per hour are Seattle and Petaluma, New York City. Seattle and Petaluma will maintain lower-wage floors for smaller businesses, while New York City will require all companies to pay workers $15 per hour. Alexandria Ocasio-Cortez and Living Wage An argument made by many of the millennial socialists is that they cannot make it on their current pay. The best example of this is with Alexandria Ocasio-Cortez. Ocasio-Cortez has stated that she could not make it on the income she made as a bartender. That she would have benefited from a $15 minimum wage. The issue is AOC is not being truthful. Alexandria Ocasio-Cortez Remarks at 2011 Boston University Ocasio-Cortez graduated cum laude from Boston University College of Arts and Sciences with a B.A. in 2011. She majored in international relations and economics. Keep in mind that she lived in New York City. A city that would allow someone with a degree in both fields to find a job using their college education. She chose not to.   For six years, she chose to work as a bartender and not use her degree. If she wanted to make more money, she should have applied the education she received. This leaves only two conclusions. One she did not want to. Or two she was so bad at economics no one wanted to hire her. Either way, AOC had an opportunity to earn more income and did not. Socialist Demands for Higher Wages As the Democrat party has transitioned into a Socialist party, new demands are being made. Demands of climate and economic justice are chanted by the "Squad." America has raised a generation that believes the government, not the people, is the fix to every problem. With this mentality, bad ideas will be brought to the surface. Creating a recession is just one part. Squad members like AOC have demanded that businesses pay a minimum of $15 an hour to all workers. Media companies like CNN, Vox, and Now This are continually pushing their propaganda. As a side note, this is why you need to educate your children. So why not have a $15 an hour minimum wage? What is the harm? I will be happy to answer. The Dangers of a $15 an Hour Minimum Wage The idea of raising the minimum wage is noble. Who would not like to have more money per pay period? Issues, but many of the arguments rely upon raw emotion and neglect sound economic ramifications that will adversely impact the same people it's trying to help.

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