I find it pitiful when the lower and middle classes align themselves with the Right on an economic level. Do you think that they are looking out for your best interest? Your precious tax dollars? No! They want to squash your American dream and keep the pockets of the rich and super rich consistently lined with gold.
Oh Reaganomics, what hast thou done to my country?
Senate Republicans on Wednesday blocked the Democrats from fulfilling a campaign promise to increase the federal minimum wage, demanding that the pay hike include tax relief for small business.
On a vote of 54-43, Democrats fell six short of the 60 needed to end debate and go to passage of a House-approved bill, to raise the minimum wage for the first time in a decade -- boosting it over two years to $7.25 per hour from $5.15…
With the gap between rich and poor widening, Democrats promised a minimum wage increase as a part of the campaign that saw them win control of the Congress from Bush's Republicans in last November's elections.
"Millions of Americans who earn the minimum wage have been waiting a decade for a much-deserved raise," said Rep. Rahm Emanuel (news, bio, voting record), an Illinois Democrat. "Incredibly, Senate Republicans would have them wait even longer."
Republicans have cited studies that say an increase would drive people out of work and hurt the economy.
But Democrats counter that a modest increase would cause no significant job loss. They have also noted a survey that found most small businesses believe it would not hurt them. Most already pay above it.
At $5.15 per hour, a person working 40 hours per week makes $10,712 per year, about $5,000 below the poverty line for a family of three…