Now, for the Rest of the Story

Paul Harvey

President Obama, as predicted, indicated in last night’s State of the Union address that he was going to sign an executive order raising the minimum wage under government contracts to $10.10 per hour from the current $7.25 per hour … a 39.3% increase!  Many pooh-pooh this move as irrelevant since very few employees working on government contracts are making the minimum wage … even though the administration claims the number to be over two million … see: Fox News Story/.

However, what is forgotten in this whole White House ruse is that many unions have contractually established their pay scales based upon the minimum wage … see: Wall Street Journal Article.  So President Obama is surreptitiously throwing many unions a gigantic bone by increasing their members’ wages even when they are earning far above the minimum wage ... figuring most of us naive doofuses will not realizing what is going on.

Now you know the rest of the story ...