Toomey: Vibrant Economy Lifts Workers, not Minimum Wage

Friday, 09 May 2014 02:11 PM

By Wanda Carruthers

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
A vibrant economy helps lift low-wage workers, not raising the minimum wage, Sen. Pat Toomey says.

Lawmakers have been debating raising the minimum wage to $10.10 in increments through 2016. A report from the Congressional Budget Office estimated at least half a million jobs would be lost as a result of a minimum wage increase.

"I'm not going to support a policy that's going to price a half a million people out of the job force," the Pennsylvania Republican told MSNBC's "Morning Joe" Friday.

"If the government comes along and issues a fiat and picks an arbitrary number and says employers have to pay someone at least that amount, well, there's some people who are at the low end of the skill spectrum, maybe have never worked before. Maybe it's a teenager who needs a first opportunity. They're not able to produce at that level. They simply won't get the job," he added.

Story continues below video.



Toomey said the best way to help low-wage workers was to create "a vibrant economy that is demanding ever more workers and putting upward pressure on wages so that people get raises. That's the answer."

Lawmakers need to enact policies to create "more demand for workers, more jobs," which he said would result in "upward pressure on wages."

Toomey said raising the wage rate meant lawmakers were choosing between giving "a raise to some people at the expense of destroying the jobs of other people." He suggested that was not "a good call for government to make."

"The question before us is, do we raise the minimum wage? And, I think that would do harm. So I'm not going to support that," Toomey 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

Joe Scarborough Denies Lobbying Hard for 'Meet the Press' Job

Thursday, 24 Jul 2014 23:07 PM

MSNBC's Joe Scarborough denied reports Thursday that he and his Morning Joe co-host Mika Brzezinski have been "aggress . . .

Laura Ingraham: Rand Paul Closest to Americans on Foreign Policy

Thursday, 24 Jul 2014 21:43 PM

Kentucky Sen. Rand Paul, accused of being an isolationist by some fellow Republicans, is actually more in step with the  . . .

Legal Analyst Coffey: Ariz. Execution Won't Affect Death Penalty

Thursday, 24 Jul 2014 20:22 PM

Don't expect Arizona's controversial execution of Joseph Rudolph Wood to put a damper on the death penalty, veteran lega . . .

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