Sen. Thune: Obama 'Doubling Down' on Policies That Cost Jobs

Image: Sen. Thune: Obama 'Doubling Down' on Policies That Cost Jobs

Wednesday, 02 Apr 2014 06:22 PM

By Greg Richter

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
President Barack Obama should be working with Republicans to increase employment rather than "doubling down" on policies that harm it, says South Dakota Sen. John Thune.

Obama is pushing a minimum wage increase to $10.10 an hour, up from the current $7.25, and the AFL-CIO has staged demonstrations this week in favor of the increase.

But Thune, appearing Wednesday on Fox News Channel's "Your World with Neil Cavuto," said Obama is betting everything on a policy that the Congressional Budget Office says will cost up to a million jobs and raise prices for consumers.

"Why would we be doubling down on policies that we know are going to cost jobs?" Thune asked.

Obama should instead work with Republican members of the House and Senate who want to create jobs for those who have been unemployed long-term, he said.

Among GOP proposals:
  • Exempt employers from Obamacare's employer mandate if they hire someone who has been unemployed for a long time.
  • Give employers a six-month payroll tax holiday to hire someone who's unemployed.
  • Give up to $10,000 in low-interest loans for jobless people to relocate to places with higher employment rates.
  • Worker training programs.

Related Stories:

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Experts: Putin Abandons Economy for Own 'Geopolitical Goals'

Thursday, 18 Dec 2014 15:15 PM

The continuing collapse of the Russian economy may bring a sense of pleasure to critics, but it remains unclear what imp . . .

WSJ Poll: 57% of Hispanics Now Happy With Obama

Thursday, 18 Dec 2014 14:28 PM

President Obama's popularity in the Latino community is bouncing back after his executive order on immigration, with mor . . .

WaPo: Don't Assume Bush Will Win GOP Nomination

Thursday, 18 Dec 2014 14:13 PM

Former Florida Gov. Jeb Bush will be a strong contender for the GOP nomination in a party that has a history of choosing . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved