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President Barack Obama said something especially perplexing when he implored Congress during his State of the Union address — to “Give America a raise.”
Since when does Congress have the power to do that?
We live in a nominally private-enterprise economy, so it should strike the ear as odd to hear Obama acknowledge that it’s not a private-enterprise economy at all, much less a free-enterprise economy. What we have is an economy dominated by an alliance of politicians and well-connected, mostly corporate, interests.
Obama, of course, was calling on Congress to raise the minimum wage from $7.25 to $10.10 an hour. But the Bureau of Labor Statistics says that only 4.7 percent of hourly workers made the minimum wage or less in 2012, so those 3.6 million people hardly constitute “America.”
Can Congress give those workers a raise? No, it can’t.
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