Now, reality sets in.... - Granite Grok

Now, reality sets in….

From CNN

Democrats’ promise of a quick increase in the minimum wage ran aground Wednesday in the Senate, where lawmakers are insisting it include new tax breaks for restaurants and other businesses that rely on low-pay workers.

On a 54-43 vote, proponents lost an effort to advance a House-passed bill that would lift the pay floor from $5.15 to $7.25 an hour without any accompanying tax cut. Opponents of the tax cut needed 60 votes to prevail.

The vote sent a message to House and Senate Democrats that only a hybrid tax and minimum wage package could succeed in the Senate. But any tax breaks in the bill would put the Senate on a collision course with the House, which is required by the Constitution to initiate tax measures.

It seems that the much ballyhooed Democratic tsunami-like wave, has just dashed and crashed upon the breakwater of reality.  While they have a clear majority in the House, the razor thin margin in the Senate has dashed Madam Pelosi’s chance of quickly getting her bills enacted into law – at least this one.

Now, having owned a small business (but paid my employees much more than the prevailing minimum wage at the time – actually, they were at min. wage when TMEW and I bought the business and we increased them just as fast as we could) – I am against government at any level trying to set the economic at the micro level.

For some of us on the conservative side, however, perhaps this is a sign that it will not be as easy as the Democrats will saying right after the election.  Given my earlier post on government meddling, this might be a good thing!  Stalemate!

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