by Duane Lester | August 5, 2014 12:18 pm
Some might think Obama believes this won’t happen and people will benefit from a “living wage.”
Me? I think
According to: an analysis: of the Cato report by Frank Worley-Lopez, Puerto Rico has about 700,000 private sector jobs and 285,000 government jobs. Those holding 471,000 of the private sector jobs make below Obama’s $10.10 minimum wage proposal.
Worley-Lopez, the first state chairman of the Libertarian Party of Puerto Rico, writes that the Cato study says an estimated 193,610 to 203,031 Puerto Ricans would lose their jobs if the minimum wage were raised to Obama’s desired $10.10. That works out to about 30%.
You can’t have fundamental change is everyone has a job and is happy.
You need strife to have a revolution.
Think I’m wrong? : Tell me about it in the comments.
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