Categories: Featured News

Australia Proves Republicans Wrong With a Growing Economy and a High Minimum Wage

Published by

After President Obama called for raising the federal minimum wage to $9.00 an hour, the Republicans have been insisting that this would hurt the economy. The issue is the fact that more people would be getting a raise, and that means more money flowing in the economy, which would go back into businesses.

Advertisement

Here is a fact. Australia has a minimum wage of almost $16.00 an hour. Since 1994, they have averaged about 1.75% GDP growth per year.

Here is another great data point. According to trading economics, the unemployment rate never exceeded 6%. These two data points that the GOP has been selling the American people are proven false, at least by the Australian economy. The fact that Australia is the “extreme” of examples, but I am sure this is the norm.

Advertisement

To top this all off, the ultra conservative Heritage Foundation ranked Australia as the third most freest country regarding their economy. “Australia is ranked 3rd out of 41 countries in the Asia-Pacific region, and its score is well above the regional and world averages.”

Advertisement

Amazing that once you dig a little and look into news and numbers you find that the Republicans know very little about reality. They just live by talking points and theories.

 

Advertisement
Published by
Tags: Ray Medeiros

Recent Posts

Biden DOJ Sues Texas For Voting Map That Discriminates Against Blacks And Latinos

The Justice Department has sued Texas for a second time in a month over a…

3 mins ago

Biden Restores American Values With Diplomatic Boycott Of Beijing Winter Olympics

White House Press Secretary Jen Psaki announced that the U.S. would be diplomatically boycotting the…

2 hours ago

Trump May Get Stacey Abrams Elected Governor By Having David Perdue Primary Brian Kemp

Trump is meddling in Georgia again, and this time he could very easily get Stacey…

3 hours ago

Civil Rights Groups Urge Schumer to Pass Social Spending and Climate Bill As Is

A coalition of civil rights groups, including the NAACP and National Urban League, has urged…

4 hours ago

Trump Lawyer Sidney Powell Raised More Than $14 Million Spreading Election Lies

A Washington Post investigation has found that Trump lawyer Sidney Powell has raised more than $14…

5 hours ago

Explosive Accusation in Report to Select Committee: Two High-Ranking Generals Lied About 1/6

A D.C. National Guard official has written a report alleging that two high-ranking Army Generals…

6 hours ago

This website uses cookies.