Rubio: Democrats Have 'Stale Ideas' on Economy

Tuesday, 11 Mar 2014 10:16 AM

By Wanda Carruthers

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Democrats' proposals for boosting the economy, like increasing the minimum wage, represent "stale ideas," said Sen. Marco Rubio, who suggested the focus should instead be on creating jobs that pay up to $50 an hour.

"The ideas that [Democrats] are offering are stale ideas," the Florida Republican told "Fox & Friends" on Tuesday.

"About the minimum wage, $10.10 an hour is not good enough. That's not the American dream. We need jobs that pay $30, $40, $50 an hour."

Story continues below video.



Rubio outlined a series of policy initiatives for boosting the economy that includes increasing innovation, changing the tax code for businesses, and expanding access to U.S. markets. He said current policies created an economy that was underperforming when it came to creating good-paying jobs.

"Forty-three percent of the new jobs being created in America pay $16 an hour or less. You cannot rebuild the American dream, you cannot reinvigorate a vibrant middle class, on $10.10 an hour — or $16 an hour, for that matter," he said.

Rubio urged President Barack Obama to approve the Keystone Pipeline to open up energy markets abroad, and further maintained the U.S. needed "multiple pipelines around this country to get the production of oil and natural gas from the drilling site to the export or distribution site."

"We now have millions of people around the world that are driving cars and living in modern homes that want to, and can afford to buy, American energy," he said.

Changing the tax code for businesses, Rubio argued, would enable them to "hire new people, to grow the business, to give worker raises."

"You create a tax code that says the more you invest, the less you pay Uncle Sam. And that's what we hope to do with the tax changes we're proposing," he said.

Related Stories:


© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  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:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

White House: GOP May Try to Impeach

Friday, 25 Jul 2014 11:43 AM

One of President Barack Obama's top advisers says the White House takes seriously the possibility that House Republicans . . .

Rasmussen: US Voters Expect Another Cold War With Russia

Friday, 25 Jul 2014 12:19 PM

Most U.S. likely voters expect a Cold War-style relationship between the United States and Russia, according to a Rasmus . . .

Pope Francis to Visit US Next Year

Friday, 25 Jul 2014 12:07 PM

Pope Francis will make a three-day trip to the United States next year - his first visit since becoming Pope in March 20 . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

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