Today, President Biden will sign an executive order increasing the minimum wage for federal employees and contractors to $15 per hour, according to news reports.
“Three days into his administration, President Biden has already taken three direct actions that will eliminate millions of jobs,” says Alfredo Ortiz, President and CEO of the Job Creators Network (JCN). “Cancelling the Keystone XL pipeline, rejoining the Paris Accord, and a $15 minimum wage will devastate our economy at a time when we’re already on the brink of recession. Today’s executive order will hurt private businesses who contract with the government and if Biden succeeds in imposing a $15 minimum wage on the entire economy, it could eliminate up to 3.7 million jobs. That would bring the total number of jobs lost to 10 million – just from three Biden proposals. America’s job creators can lead America’s recovery, but we can’t afford the Biden administration’s left-wing agenda. The American people want pro-growth policies and a return to prosperity, not socialism and a deep, long-lasting recession.”
Today, JCN released a backgrounder, “3 Days of Biden EO’s = Million of Jobs Lost.” To read and share the backgrounder, click here.
On Thursday, Breitbart published Mr. Ortiz’s op-ed on Biden’s minimum wage proposals. To read it, click here.