Obama Will Raise & Index Minimum Wage
At a time when many small businesses are having trouble making payroll, Democratic presidental candidate Sen. Barack Obama wants to raise the minimum wage and index it to inflation.
In his 64-page “The Blueprint for Change,” Obama also says he wants to increase the Earned Income Tax Credit “to make sure that full-time workers earn a living wage.”
For example, Obama wants to expand the Family & Medical Leave Act by reducing the size of businesses that must abide by the law from companies of 50 employees to companies of 25.
Spend, Spend Spend
In addition, Obama wants to expand after-school programs to an additional 1 million children and expand the child and dependent care tax credit. However, nowhere in the blueprint does Obama put a price tag on his many costly initiatives, nor does he say how they would be funded!
It’s shameful that the corporate media is not doing its homework and reporting on such specifics.