Sensenbrenner Statement on Bill to Slow Economy
"This one-size-fits-all government mandate would be devastating for many low-wage workers, small businesses, and consumers."
Washington, D.C.—Today, Congressman Jim Sensenbrenner (WI-05) offered the following statement after voting against a bill that would impose a federal minimum wage hike:
“This one-size-fits-all government mandate would be devastating for many low-wage workers, small businesses, and consumers. It fails to consider the vast differences in cost of living between Berkeley, California and Dodge County, Wisconsin. According to CBO estimates, this legislation could cause the loss of as many as 3.7 millions jobs, and reduce family incomes by $9 billion. Republicans have fought to make the economy strong and the job market great for workers. In fact, we’re in our 15th consecutive month where there are more job openings than job seekers, and real wage growth is increasing. Rather, Democrats are pushing this misguided policy, which would undo all of these successes.”
You can read the CBO report on effects of a $15 minimum wage here.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
Mentioned in This Press Release
Recent Press Releases by U.S. Rep. Jim Sensenbrenner
The “Raise the Wage Act” passed the house 231-199. (Three Republicans voted for it, Senselessbrenner obviously not one of them).
The same tired old rationale to keep low wage workers in poverty. The fact is that raising the minimum wage did not have the deleterious affects sited by Sensenbrenner. In fact, states that have raised the minimum wage experienced minimal job loss but also increased economic growth. Sensenbrenner would be wise to keep in mind the old adage, “the poor spend, middle class saves and the wealthy accumulate.” Increasing the buying power of low wage workers is not the cause of economic stagnation; it is the ever increasing concentration of wealth in fewer and fewer hands. Republican taxation and spending policies have done much more to inhibit economic growth than raising the minimum wage ever will.
Sensenbrenner suffers from brain stagnation. Here is a suggestion, we have too many job openings, why not increase immigration? Oh I forgot, Rep Sensenbrenner does not like immigrants.