Thread by @usacsmret

.@HouseDemocrats are dead set on erasing our economic gains. dailysign.al/2O130hY via @GOPLeader @DailySignal

@HouseDemocrats @GOPLeader @DailySignal Since January 2017, 5.6 million jobs have been created with the help of Republican-led tax reform, deregulation, and other pro-growth reforms. The unemployment rate is near a 50-year low with 224,000 jobs added to the economy last month, surpassing economists’ expectations.

@HouseDemocrats @GOPLeader @DailySignal At the same time, wages have risen over 3% for an astounding 11 consecutive months. Even The New York Times has admitted that wage growth is in a “higher gear” and is “going to those who need it most.”

@HouseDemocrats @GOPLeader @DailySignal These results did not occur by accident. They transpired because policymakers made an intentional choice to allow free enterprise to flourish and remove unnecessary burdens on families and businesses.

@HouseDemocrats @GOPLeader @DailySignal But our economic progress can, and will, be overturned if Congress tries to control the economy from within its bubble in Washington, D.C., as Democrats are attempting to do today.

@HouseDemocrats @GOPLeader @DailySignal Their latest Washington-centric proposal is the Raise the Wage Act, legislation that would artificially raise the federal minimum wage to $15 an hour—over twice its current amount.

@HouseDemocrats @GOPLeader @DailySignal This bill is another misguided attempt by Democrats to impose one-size-fits-all policy on the American people. It is backward-looking and proves that Democrats are dead set on erasing the progress our economy has made since President Donald Trump took office.

@HouseDemocrats @GOPLeader @DailySignal The nonpartisan Congressional Budget Office recently released a study that indicates a $15 minimum wage could result in jobs lost and hurt the very people Democrats claim to want to help.

@HouseDemocrats @GOPLeader @DailySignal According to the study, a $15 minimum wage could lead to the loss of as many as 3.7 million jobs. Those losses would fall disproportionately on entry-level workers. Younger workers could account for 46% of the job losses.

@HouseDemocrats @GOPLeader @DailySignal Individuals without high school degrees could account for 38%. This means that our most economically disadvantaged population will find it even more difficult to break into the job market, hindering their ability to achieve financial independence.

@HouseDemocrats @GOPLeader @DailySignal About 42% of families with a minimum-wage earner would see a net reduction to their family income, and total real family income could be reduced by $9 billion. That means less money for things that matter: bills, essential expenses, or perhaps the occasional meal out.

@HouseDemocrats @GOPLeader @DailySignal In Oakland, child care providers, restaurants, and grocery stores either scaled back on staff or closed entirely after the city’s minimum wage went from $9 to $12.25 an hour in 2015

@HouseDemocrats @GOPLeader @DailySignal Likewise, after Seattle passed a $15 minimum wage, higher labor costs for child care led to increased tuition costs for families and fewer hours for employees.

@HouseDemocrats @GOPLeader @DailySignal Even Alan Krueger, the former chairman of President Barack Obama’s Council of Economic Advisers, has warned that “a $15-an-hour national minimum wage would put us in uncharted waters, and risk undesirable and unintended consequences.”

@HouseDemocrats @GOPLeader @DailySignal Why risk “undesirable” consequences when we already know the positive economic trends of the last 18 months have brought greater prosperity for all Americans?

@HouseDemocrats @GOPLeader @DailySignal Tell every Dem this bill is there suicide note
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