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694 bytes added ,  04:02, February 7, 2014
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:::::Something-for-nothing is not the way economics works. Obama is an economic idiot. This is a man who once announced that he wanted a minimum wage of $100 a hour, for crying out loud. If he knew any less about economics, the country would be broke after repeated multi-trillion dollar bailout and pork packages. Oh, wait a minute, we are. FDR let the banks go belly up, and a historic recovery followed. That's the kind of president we need. [[User:PeterKa|PeterKa]] 03:11, 6 February 2014 (EST)
 
:::::Something-for-nothing is not the way economics works. Obama is an economic idiot. This is a man who once announced that he wanted a minimum wage of $100 a hour, for crying out loud. If he knew any less about economics, the country would be broke after repeated multi-trillion dollar bailout and pork packages. Oh, wait a minute, we are. FDR let the banks go belly up, and a historic recovery followed. That's the kind of president we need. [[User:PeterKa|PeterKa]] 03:11, 6 February 2014 (EST)
 
::::::@PeterKa, you wrote "This is a man who once announced that he wanted a minimum wage of $100 a hour, for crying out loud."  All I could find in reference to a $100/hour minimum wage seems to be from conservative commentators using a slippery slope to oppose any form of minimum wage increase.  Could you please tell me more information about this Obama announcement?  Thanks, [[User:GregG|GregG]] 09:28, 6 February 2014 (EST)
 
::::::@PeterKa, you wrote "This is a man who once announced that he wanted a minimum wage of $100 a hour, for crying out loud."  All I could find in reference to a $100/hour minimum wage seems to be from conservative commentators using a slippery slope to oppose any form of minimum wage increase.  Could you please tell me more information about this Obama announcement?  Thanks, [[User:GregG|GregG]] 09:28, 6 February 2014 (EST)
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:::::::What can I say? I watched Obama make the speech on CNN. When he proposed the $100 hour minimum wage, his audience cheered. I don't think he was actually president yet, or this speech would have been a bigger deal. This was around the time of the 2008 election. The $100 an hour minimum wage is an old Milton Friedman favorite, his way of illustrating the absurdity of wage regulation. So I was startled to hear Obama proposing it, and I checked the transcript just to make sure I didn't mishear or anything. In any case, the speech is not on the CNN site anymore. Perhaps it's still on the [http://web.archive.org/ Wayback Machine]. [[User:PeterKa|PeterKa]] 23:02, 6 February 2014 (EST)
    
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==Reference==
 
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