Sub-Par Obama: There’s a 12 Step Program for That Now

Sub-Par Obama: There’s a 12 Step Program for That Now let’s check in with the “wonkiest wonk” in
Washington, Jason Furman. As you may recall, he’s the Chairman of the
White House’s Council of Economic Advisers who advised us that the
Congressional Budget Office prediction that 2.5 million people
will leave the work force by 2024 as a result of Obamacare is a good
thing because it means they will have a “choice” to follow their bliss.
Sub par explanation, Jason. Period.

Barry’s latest Executive
Order which unilaterally (ha! remember when we used to hate unilateral?)
raised the minimum wage that federal contractors are required to pay by
a reasonable 40%, to $10.10/hr. While the CBO said it could result in
the loss of 500,000 jobs, Mr. Wonky-Wonk disagrees:

“Our view is that zero is a perfectly reasonable estimate of the impact of raising the minimum wage on employment,”


And my view is that half a million sounds like a perfectly reasonable
estimate of the impact of raising the minimum wage by 40% – butt who ya
gonna’ believe – me, the non-partisan CBO or the Chairman of Big Guy’s
White House Council of Economic Advisers? And before you answer let me
remind you that Mr. Wonky-Wonk went to Harvard, is friends with Matt
Damon and Ben Affleck and is therefore way, way smarter than you are: