From U. S. News and World Report by Robert Schlesinger :
Mitch McConnell furious with Obama's Minimum Wage Proposal. But corporate profits, productivity and per capita income have grown immensely for decades and wages are stagnant and even decrease. So maxioazing the potential of the worker does not help him.
Some excerpts :
The two [ Obama's ] speeches [ Inauguration and State of the Union ] are the hallmarks of an emboldened Obama. Democratic strategist Tad Devine recalls seeing the president in a White House meeting four years ago and again in the lead-up to the State of the Union this year. The new Obama, Devine says, is "so much stronger, so resolved, so aware that the other side is engaged in full time obstruction and determined to plow right through 'em." Democratic media man Peter Fenn (who blogs for U.S. News) agrees, adding in "the time I've spent with [Obama] after the election, this guy's not fooling."
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So, for example, Senate Minority Leader Sen. Mitch McConnell of Kentucky complained in a floor speech that Obama "spoke of workers' minimum wages, instead of their maximum potential." What Obama understands and McConnell misses is that since the turn of the century, U.S. wages have become decoupled from productivity and per capita GDP. Workers are maximizing their potential with little to show for it.
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U. S. News and World Report
The State of Barack Obama Is Bold
Republicans are on the wrong side of immigration, pay equity and a host of other issues
February 15, 2013
by Robert Schlesinger
Robert Schlesinger is managing editor for opinion at U.S. News & World Report. He is the author of White House Ghosts: Presidents and Their Speechwriters.
The State of Barack Obama Is Bold
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