Washington, DC – Not to be outdone by Governor Jerry Brown in California, President Obama just signed into law via another Executive Order, a new law which mandates that all 57 states increase their minimum wage to $30 per hour by the year 2040.
If that seems like a big increase, the President defends it by pointing out that it’s less than a dollar per year: “It comes out to only 83.3 cents per year, aaaand, I would bet that most people have 83 cents underneath their couch cushions”, says Obama.
But what about the issue of Big Government dictating yet another unfunded mandate to the private sector which in reality will cause many businesses to cut staff or even close their doors permanently?
To that, the President retorts: “Big Government is always willing to help. In this case, we can provide another bail-out program to assist struggling businesses, or with the stroke of my pens, I can sign another Executive Order which will disallow businesses to cut staff aaaand permanently close their doors.”
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