It’s only your money: Obama to Raise Minimum Wage to $10.10/hr. for Fed Contractors

By
January 28, 2014

President Obama plans to sign an executive order requiring that janitors, construction workers and others working for federal contractors be paid at least $10.10 an hour, using his own power to enact a more limited version of a policy that he has yet to push through Congress.

via Obama to Raise Minimum Wage Under Federal Contractors – NYTimes.com.



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Comments:
  1. Ragspierre says:

    This is just a piece of tinsel…a bright, shiny nothing…to divert stupid people’s attention from the manifold failures of Pres. ScamWOW.

    It will mean close to nothing, as Davis-Bacon is, I think, still in effect. That law has the wages paid to any Federal contractor’s employees at whatever the union scale is in the region. Nobody gets “minimum wage”.

  2. Ragspierre says:

    Obama: “I will issue an executive order requiring federal contractors to pay their federally funded employees a fair wage of at least $10.10 an hour — because if you cook our troops’ meals or wash their dishes, you should not have to live in poverty.”

    Politico and the AP both hit this claim. The contract requirement won’t start until next year, and it only applies to new contracts. Both also note that “his ability to act unilaterally on this point is very limited as most employees of federal contractors make well over $10 an hour.” The AP also point out that this won’t be added to renewed contracts, so the actual impact of this will approach nil.
    —HotAir

    Toldja.