This leaves me speechless! The ever present ransacking of Puerto Rico st the hands of their master continues! Little Marco is despicable & deplorable! Fits in perfect with the ‘new’ administration!
Under the banner of “economic assistance” for Puerto Rico, Marco Rubio has introduced a bill in the US Senate that would lower the minimum wage to $5.
It is called the EMPLEO Act (“Economic Mobility for Productive Livelihoods and Expanding Opportunity). According to Rubio, EMPLEO will “jump start” the island’s economy and create “new employment opportunities.”
EMPLEO is a very dangerous bill.
With a GOP president and congress, it could get fast-tracked and passed within few weeks.
Here is the text of the entire bill, which is designated as S. 3503…
https://www.congress.gov/114/bills/s3503/BILLS-114s3503is.pdf
The bill accomplishes two things:
#1
It sets a minimum wage floor of $5 for everyone on the island, regardless of age. This goes further than the PROMESA bill, which also contemplated a minimum wage reduction …but only for workers aged 25 and under.
#2
It creates a US federal wage subsidy…
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This is not government. This is corporate take-over. Rubio is a tool for powerful financiers.
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You’re correct!! I see this happening to this country soon … Puerto Rico was the experimental grounds. They know it works …. 😦
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Yes. Coming to the mainland soon.
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