Monday, November 17, 2014

A Democrat Finally Admits that the Middle Class Doesn't Care about Increasing the Minimum Wage

It is nice to see a Dem strategist understand that raising the minimum wage has nothing to do with helping the middle class.

Democrats like to talk about a “populist” agenda that rails against the wealthy and supports the middle class. This year, the centerpiece of that agenda was raising the minimum wage. But tapping their anger against the 1 percent doesn’t engender hope or help middle-class Americans get ahead. While increasing the minimum wage is extremely popular — and we should raise it — I doubt many middle-class workers aspire to a minimum-wage job. We need an economic growth and upward-mobility agenda that offers middle-class families hope that their future will be better than the recent past.
Yeah taxing the rich more and spending it on the poor does not help the middle class for the most part. Middle class workers do not want a minimum-wage job at that is the bottom line. This guy, Al From, also talks about expanding the earned income tax credit which I would like. That move alone would put many thousands in the pockets of the middle class. Adjust that tax credit to inflation and it would be a nice little chunk of change for the economy every April.

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