As soon as President Obama proposed increase the minimum wage as Speaker of the House John Boehner had to stomp his feet and say no.
Speaking to reporters, he dismissed even the thought of raising the minimum wage, saying:
“I’ve been dealing with the minimum wage issue for the last 28 years that I’ve been in elected office. And when you raise the price of employment, guess what happens? You get less of it. At a time when Americans are still asking the question ‘Where are the jobs?’ why would we want to make it harder for small employers to hire people?”
This is actually not true. Contrary to popular claims, an increase in minimum wages increases consumption, which in turn increases business demand.