Romney is wrong on taxes, healthcare, (insert a litany of other issues where he is weak, at best) and now we have evidence that he is for indexing the minimum wage to the CPI, or another measure. In other words, he is just a big spending, big government loving politician who will say and do whatever is politically expedient at the moment.
For some recent research on the effect of minimum wage increases, see here. Either Romney can’t read, or as I’ve said already, he’s willing to continue the charade in order to get votes.
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For all of the ways that Mitt Romney left his moderate past behind when he finished his term as Massachusetts governor, it turns out that he continues to be a supporter of indexing the minimum wage for inflation.
Oregon and Washington were among the first states to index their own minimum wages to inflation — nine states now do so — and it’s a favorite of liberals who say it not only helps low-income workers but also pumps more money into the economy. It’s anathema to many conservatives, though, who say it actually leads businesses to reduce the number of workers they hire.
At any rate, someone from the National Employment Law Project Action Fund got Romney on video in New Hampshire saying, “My view has been to allow the minimum wage to rise with the CPI, or with another index, so that it adjusts automatically over time.”
Romney campaigned in favor of indexing the minimum wage when he ran for governor in 2002. However, ABC News noted in 2007 that he wasn’t sure he supported indexing the federal minimum wage (which is lower than the minimum wage in several states). In this new video, you could quibble that he doesn’t explicitly say he’s talking about the federal minimum — but that sure seems to be the tenor of his comments.
The news has produced an interesting reaction from the political right. The National Review (which has praised Romney) ran a blog post that expresses concerns about Romney’s stance but notes that one conservative economist, Ron Unz, said it could discourage the employment of illegal immigrants.
However, rival candidate Newt Gingrich said he was surprised to hear that Rommey was backing the indexing of the minimum wage “because what it does is guarantee higher unemployment.”
Read the rest here.
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bane
noun \ˈbān\
Definition of BANE
1
a obsolete : killer, slayer b : poison c : death, destruction d : woe
2
: a source of harm or ruin : curse
Origin of BANE
Middle English, from Old English bana; akin to Old High German bano death
First Known Use: before 12th century
personally could give a shit if Romnuts is a conservative. as long as a traders tax is less likely in the next four years? whatever dipshit the GOP nominates has my vote.
lol, very good point on that one.