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What Obama Is Doing to the Job Market

TheMarv Wrote: Mar 09, 2013 7:20 PM
Proof?

Firms are awash with cash, but they're not hiring. What's going on? One place to look for an explanation is the policies of the Obama administration.

President Obama's proposal to increase the minimum wage and the health insurance employer mandate are combining to destroy job opportunities for young, unskilled workers in cities and towns across the country.

The minimum wage, currently set at $7.25 an hour, will jump to $9 an hour and be indexed going forward if the president gets his way. The Affordable Care Act (ObamaCare) is already the law of the land and its effects are being...