Higher Minimum Wage Will Mean Fewer Jobs, Boehner Says [VIDEO]
As President Barack Obama pushes for the minimum wage increase that he called for in his State of the Union address, House Speaker John Boehner is explaining why he thinks it's a bad idea.
Boehner says that when you "raise the price of employment," there are fewer jobs. He asks, "Why would we want to make it harder for small employers to hire people?"
But Obama, speaking today in North Carolina, said giving workers a decent living is part of the key to reviving the economy. He said, "If you work full time, you shouldn't be in poverty." Obama last night proposed an increase in the minimum wage from $7.25 an hour to $9 an hour.
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