Who links to my website? BlocArdent: The Debt Crisis and Pelosi's personal California bail out

Wednesday, August 03, 2011

The Debt Crisis and Pelosi's personal California bail out

The Laws that increased the minimum wages, is the number on reason of our economy today.
A noble goal or A California Bail?
When the democrats swept into power of the house. I.E.During Bushes 2nd term, and mid term election.
Pelosi took control of our future, and hanged, banged, and otherwise twisted votes and force Minimum wages increases on us. This marked the beginning of this horrible economy.
At the time California minimum wage was a full 3 dollars above  most of the rest of the country. California was nearing total melt down and complete collapse economy. Pelosi in her infinite wisdom, decided not bring the minimum wages of her state down to the national level, decided to raise the nations minimum wages up.
This historic moment, Saved California economy and her job, but at a severe cost to the rest of the nation.

Today California finds they can compete against with the rest of the nation. But. There is nothing to compete for. The jobs that was once abundant are now on the shores of  Asia.  We cant compete with the rest of the world and the mini wage is set to go up again.

Truth is simple, if we retract the last mini wage increase it would spur job growth.
As for California, it might hurt, but to those millions of unemployed it will help.

The good news ...well there isn't good news. Ask the Pelosi unemployed.
Retract the minimum wage increase.

By the way, The bear sterns collapse happen within a year of Pelosi's famous Mini wage forced
vote.  History is as predicted and the rest will be even worst when the next increase kicks in.

Vote America first; Vote Independent.