Political Quotes

On the recordJanuary 10, 2007
you know, this is such an interesting debate that we come here to have on the minimum wage issues. All of our economic issues debates end up being such interesting debates, and I always love it when I hear the statements made that this is wrong and that is wrong, and our focus becomes, let us go to the government and expect the government to fix it. Mr. Speaker, you know, we know that just is not so. I have found it so interesting that you would hear from people that it appears that the Republicans never raise the minimum wage. What about 1994? What about 1997? Then we hear all of this about explosive costs. But what we are not hearing is that per capita disposable income has risen 9.2 percent in real dollars since 2001. All the millions of jobs that have been created, nearly 7 million since 2003 alone. The reason this happens is because of good economic policy, because of good tax policy, because in leaving more money with the individuals that earn it and not doing things that are going to harm small business, as the gentleman from Ohio said, most of our Nation's jobs are created through small businesses. We know from the Congressional Budget Office, the CBO, they estimate that a minimum wage increase without considerations for small businesses and their workers would impose a 5 to $7 billion unfunded mandate on small businesses.
Said by
Marsha Blackburn
Republican · Tennessee

Editor's note · Context

Addressing the debate on minimum wage and its impact on small businesses and the economy.

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