Job Loss Joe
11665000
Jobs Lost
President Biden has already killed thousands of jobs with the stroke of a pen and has countless other job-killing policies in the pipeline, including the idea to more than double the federal minimum wage to $15 an hour. The Job Loss Joe tracker will be updated regularly to calculate the employment opportunities that Biden has or is planning to throw under the bus.
| Date | Policies | Actions Taken | Jobs Lost |
|---|---|---|---|
| 01/20/2021 | Rejoining the Paris Climate Agreement | Executive Order Signed | 6,500,000 |
| 01/22/2021 | Proposed: A Federal $15 Minimum Wage | - | 2,700,000 |
| 01/27/2021 | Pause New Oil and Gas Leases on Federal Land | Executive Order Signed | 416,000 |
| 01/27/2021 | Revoking the March 2019 Permit for the Keystone XL Pipeline | Executive Order Signed | 11,000 |
| 04/08/2021 | Proposed: Making Changes to the Tax Code (including raising the corporate tax rate to 28 percent and eliminating the 20 percent small business standard deduction, among other provisions) *Effects within the first two years | - | 1,000,000 |
| 03/30/2022 | Proposed: Increasing Corporate Tax Rate to 28% in 2022 Federal Budget Proposal | - | 138,000 |
| 08/16/2022 | Inflation Reduction Act | Signed into law | 900,000 |
