Home
/
RELIGION & LIBERTY ONLINE
/
Democrats propose to eliminate over a million jobs held by the working poor
Democrats propose to eliminate over a million jobs held by the working poor
Jan 11, 2026 6:17 PM

The Democratic presidential candidates are in agreement on a proposal to eliminate 1.3 million jobs nationwide.

That’s not the way they would frame the issue, of course. Saying that you will eliminate over a million jobs held by the poorest people in America is not exactly a winning message. Instead, they frame it as a pay increase—a doubling of the federal hourly minimum wage from $7.25 to $15 by 2025. Will Americans be fooled?

The Congressional Budget Office(CBO), an independent, nonpartisan federal agency within the legislative branch that provides analyses of budgetary and economic issues to support the Congressional budget process, released a new report titled, “The Effects on Employment and Family e of Increasing the Federal Minimum Wage.” According to the report, in an average week in 2025, the $15 option would boost the wages of 17 million workers who would otherwise earn less than $15 per hour. Another 10 million workers otherwise earning slightly more than $15 per hour might see their wages rise as well.

But 1.3 million other workers would e jobless, according to CBO’s median estimate. There is a two-thirds chance that the change in employment would be between about zero and a decrease of 3.7 million workers. CBO’s estimates are based on the median values of likely ranges for wage growth and the responsiveness of employment to changes in wages. As the report notes, the likely ranges for the responsiveness parameter are not symmetric: That value has an equal chance of being smaller or larger than the median, but if it is larger, it could be substantially larger.

In other words, there is about an equal possibility that the raise would be smaller—maybe a few hundred thousand jobs lost. And there is the equal possibility that it would eliminate as many jobs as were created in all of 2018 and half of 2017. Here’s a chart from the report that shows the range.

Guess which end of the range the Democrats will focus on?

The Democrats will rely on the innumeracy of the average American to sell the destructive policy. They are counting on the typical voter to think that the effect of the wage increase will likely be close to zero. Voters won’t know the e until it’s too late.

If we want to help the poor a better approach would be to leave the minimum wage alone and increase the Earned e Tax Credit (EITC). As the CBO report finds, an increase in the credit amount available in the EITC would go almost entirely to e families, whereas an increase in the minimum wage raises earnings for many workers who are not in e families as well. For example, roughly 40 percent of workers directly affected by the $15 option in 2025 would be members of families with e more than three times the federal poverty threshold.

Why isn’t the EITC the more attractive option? Because, as the report states, increasing the EITC would require bination of increased taxes, reduced spending in other areas, or larger budget deficits. It’s easier to raise the minimum wage and pretend that business will bear the cost than to make a change that would require sacrifice. Unfortunately, neither party is currently willing to do what is right for the working poor. But we can at least try to stop them from putting more poor people out of work.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Dear Future Mom: Children with Down Syndrome Are a Gift to Us All
“I’m expecting a baby,” writes a future mother. “I’ve discovered he has Down syndrome. I’m scared: what kind of life will my child have?” In response, CoorDown, an Italian organization that supports those with the disability, created the following video, answering the mother through the voices of 15 children with Down syndrome: “Your child can be happy,” they conclude, “and you’ll be happy, too.” Or, as Katrina Trinko summarizes: “Don’t be scared. Be excited.” That goes for the rest of...
The Blight Of Worklessness
Work is good. It gives meaning and purpose to our lives. It affords us an avenue for our God-given talents. It provides our e, gives service to others, and fashions our society. We are, in God’s image and likeness, workers and creators. Reihan Salam and Rich Lowry, at National Review Online, are talking about the need for work; not just jobs, but work – real, meaningful work. In their discussion, they note that the Democratic party (the “blue collar” party)...
It’s Official, Millennials: The White House Thinks You’re Stupid
The Affordable Care Act [ACA] has seen more than it’s share of disasters. The clunky website got off to a horrendous start, the “fixes” didn’t work, Kathleen Sebelius got raked over the coals (“Don’t do this to me!”) at a House hearing, and not enough young people are signing up. The solution? The White House has created an “ACA Bracket” (Get it? Huh? Get it?) site where young folks can go and vote for their favorite GIFs and then head...
Surviving Sex Trafficking
Vednita Carter wants this to be perfectly clear: human beings are not for sale. It’s a battle, she says, one where she is on the front lines. Carter used to be a prostitute. But don’t think of a woman wearing outrageous outfits, standing on a street corner. No, think sex trafficking. At 18, she was hoping to make money for college when she responded to an advertisement for “dancers.” At first, she danced fully clothed, but her bosses and then-boyfriend...
Radio Free Acton: For The Life Of The World
The Brad Pitt of Acton. In this edition of Radio Free Acton, Paul Edwards goes behind the scenes at the premiere of For the Life of the World: Letters to the Exiles, the new curriculum produced by the Acton Institute that examines God’s mission in the world and our place in it. Edwards looks at the curriculum itself, speaks with some of the folks who made it, and gauges audience reaction to the premiere. You can listen via the audio...
The Freedom for Patient, Faithful Service
Buried in a note in my book about the economic teachings of the ecumenical movement is this insight from Richard A. Wynia: “The Lord does not ask for success in our work for Him; He asks forfaithfulness.” This captures the central claim of Tyler Wigg-Stevenson’s book, The World is Not Ours to Save: Finding the Freedom to Do Good (IVP, 2013), which I review over at Canon & Culture. As Wigg-Stevenson puts it, “Our job is not to win the...
5 Facts About Patrick, the Indiana Jones of Saints
An aristocratic British teenager is kidnapped by pirates, sold into slavery, escapes and returns home, es a priest, returns to his land of captivity and face off against hordes of Druids. Here are five facts about the amazing life of St. Patrick, the Indiana Jones of Christian saints: 1. Taken from his home in southern Britain, Patrick was captured by pirates in A.D. 405 when he was only sixteen years old and sold into slavery in Ireland. He would spend...
Catholics and Anglicans Join Forces Against Slavery
There are more slaves today than were seized from Africa in four centuries of the trans-Atlantic slave trade. In fact, there are more slaves in the world today than at any other point in human history, with anestimated 21 million in bondageacross the globe. In an effort to eradicate modern slavery and human trafficking across the world by 2020, Pope Francis and Archbishop of Canterbury Justin Welby have personally given their backing to the newly-formed Global Freedom Network. The Global...
Bill Gates on Poverty and Inequality
In a recent interview with Rolling Stone, Bill Gates — the richest man in the world — shares his thoughts on poverty and inequality: Should the state be playing a greater role in helping people at the lowest end of the e scale? Poverty today looks very different than poverty in the past. The real thing you want to look at is consumption and use that as a metric and say, “Have you been worried about having enough to eat?...
Samuel Gregg: Defending Paul Ryan
At National Review Online, Acton’s Director of Research, Sam Gregg, takes issue with a New York Times article that takes a “dim view” of Congressman Paul Ryan (R.-Wis.). Specifically, Gregg takes on author Timothy Egan’s charge that Ryan suffers from “Irish-Amnesia” because the congressman suggests that we in the United States have created a culture of dependency. Such attitudes and critiques, the piece argued, reflected a type of ancestral amnesia on Ryan’s part. Egan reminds his readers that some English...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved