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

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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.

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