The Tea Party, Right About Everything
By Randall Hoven:
The false narrative is that the Tea Party is a bunch of stubborn nuts, if not outright racists. In truth, the Tea Party has been right about everything, while almost everyone else has been nuts, especially the “experts.”
Minimum wage. One of the first things Democrats did after taking back Congress in 2007 was raise the federal minimum wage 41% from 2007 to 2009. Result? The unemployment rate went from 4.4% in May 2007 to 10.1% in 2009. It is 9.2% even today — four years later.
As for teens, the unemployment rate went from 14.9% to 27.1%, the highest ever recorded, meaning since 1948. Today it is still a high 24.5%. And for blacks: from a low of 7.9% in 2007 to 16.5% in 2010. It is still a high 16.2%.
The Democrat Congress also decided to apply the same minimum wages to American Samoa. Results? Near-decimation of its economy, one that had been based largely on low-cost tuna canning and textile work.
[...]
Sorry, the comment form is closed at this time.
-
Archives
- June 2012 (41)
- May 2012 (697)
- April 2012 (624)
- March 2012 (635)
- February 2012 (782)
- January 2012 (672)
- December 2011 (519)
- November 2011 (361)
- October 2011 (539)
- September 2011 (500)
- August 2011 (584)
- July 2011 (523)
-
Categories
-
RSS
Entries RSS
Comments RSS
