--- title: "Meaning & Key Takeaway of: A lot of Democrats have said that raising…" description: "\"A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying t..." image: "https://sms4smile.com/quotes/i/e6e/s-e-cupp-2-86110_capitalism_a-lot-of-democrats-have-said-that-raisin_709730.jpg" --- # A lot of Democrats have said that raising the minimum wage… ![“A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying that raising the minimum wage to $10.10 an hour would cost the economy about 500,000 jobs...Why should we trust Democrats on anything when they…” quote by S. E. Cupp](https://sms4smile.com/quotes/i/e6e/s-e-cupp-2-86110_capitalism_a-lot-of-democrats-have-said-that-raisin_709730.jpg) [Download](https://sms4smile.com/quotes/i/e6e/s-e-cupp-2-86110_capitalism_a-lot-of-democrats-have-said-that-raisin_709730.jpg) [Open image](https://sms4smile.com/quotes/i/e6e/s-e-cupp-2-86110_capitalism_a-lot-of-democrats-have-said-that-raisin_709730.jpg) > “A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying that raising the minimum wage to $10.10 an hour would cost the economy about 500,000 jobs...Why should we trust Democrats on anything when they couldn't have foreseen that this would be the case?” S. E. Cupp ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The quote questions the contradiction between Democratic claims about minimum wage benefits and a CBO report predicting job loss, questioning trust in their predictions. **In simple terms:** Democrats claim benefits but data suggests job loss, causing doubt. Key Takeaway Scrutinize policy claims with data. Themes politics economics trust policy skepticism Mood skeptical critical inquisitive Type analytical political When to use this quote - Voting decisions - budget planning - advocacy - media analysis Key Concepts Labor economics political rhetoric policy analysis Questions to Reflect On - How do you evaluate political claims versus expert reports? - What evidence would change your trust in a party? A Different Perspective Political statements may oversimplify complex economic impacts. ★ ★ ★ ★ ★ No ratings yet [Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Community](https://sms4smile.com/quotes/about/community/) [Democracy](https://sms4smile.com/quotes/about/democracy/) [Democrat](https://sms4smile.com/quotes/about/democrat/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [History](https://sms4smile.com/quotes/about/history/) [Ideology](https://sms4smile.com/quotes/about/ideology/) [Jobs](https://sms4smile.com/quotes/about/jobs/) [Minimum wage](https://sms4smile.com/quotes/about/minimum-wage/) [Money](https://sms4smile.com/quotes/about/money/) [Partisanship](https://sms4smile.com/quotes/about/partisanship/) [Party](https://sms4smile.com/quotes/about/party/) [Political](https://sms4smile.com/quotes/about/political/) [Political parties](https://sms4smile.com/quotes/about/political-parties/) [Politics](https://sms4smile.com/quotes/about/politics/) [Poverty](https://sms4smile.com/quotes/about/poverty/) [Reality](https://sms4smile.com/quotes/about/reality/) [Reports](https://sms4smile.com/quotes/about/reports/) [Today](https://sms4smile.com/quotes/about/today/) [Work](https://sms4smile.com/quotes/about/work/) ## Related quotes > [Good economics is good politics.](https://sms4smile.com/quotes/paul-keating/good-economics-is-good-politics/) [Paul Keating](https://sms4smile.com/quotes/author/paul-keating/) > [Raising the minimum wage means raising the living wage - and that's good news for Ohio.](https://sms4smile.com/quotes/sherrod-brown/raising-the-minimum-wage-means-raising-the-living-wage-and-that-s/) [Sherrod Brown](https://sms4smile.com/quotes/author/sherrod-brown/) > [Debates go on to this day about what caused the Great Depression. Economics is not very good at explaining swings in economic activity.](https://sms4smile.com/quotes/eugene-fama/debates-go-on-to-this-day-about-what-caused-the-great-depression/) [Eugene Fama](https://sms4smile.com/quotes/author/eugene-fama/) > [Studying economics is not a good preparation for dealing with it.](https://sms4smile.com/quotes/george-soros/studying-economics-is-not-a-good-preparation-for-dealing-with-it/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) > [We now know that anything which is economically right is also morally right. There can be no conflict between good economics and good morals.](https://sms4smile.com/quotes/henry-ford/we-now-know-that-anything-which-is-economically-right-is-also-morally/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Economics is a good degree to have but the subject is very theoretical at Cambridge and I found it frustrating that you can't apply…](https://sms4smile.com/quotes/konnie-huq/economics-is-a-good-degree-to-have-but-the-subject-is-very/) [Konnie Huq](https://sms4smile.com/quotes/author/konnie-huq/) > [Good environmentalism is good economics](https://sms4smile.com/quotes/barber-conable/good-environmentalism-is-good-economics/) Barber Conable > [It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics. Why? Because discrimination, poverty and ignorance restrict…](https://sms4smile.com/quotes/william-j-clinton/it-turns-out-that-advancing-equal-opportunity-and-economic/) [William J. Clinton](https://sms4smile.com/quotes/author/william-j-clinton/) > [Well, I think first of all, probably the most fundamental thing is that we are a mixed-signal analog semiconductor company, which, along with some…](https://sms4smile.com/quotes/david-milne/well-i-think-first-of-all-probably-the-most-fundamental-thing-is-that/) [David Milne](https://sms4smile.com/quotes/author/david-milne/) > [I wasn't actually very naturally good at economics. My brain doesn't work very well, in terms of mathematics.](https://sms4smile.com/quotes/brit-marling/i-wasn-t-actually-very-naturally-good-at-economics-my-brain-doesn-t/) [Brit Marling](https://sms4smile.com/quotes/author/brit-marling/) > [So some guy may know how to make money in cocoa beans, but I don't so I just let him have that. But it's…](https://sms4smile.com/quotes/warren-buffett/so-some-guy-may-know-how-to-make-money-in-cocoa-beans-but-i-don-t-so/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [No one seriously believes that cutting the minimum wage is good for workers.](https://sms4smile.com/quotes/jason-kander/no-one-seriously-believes-that-cutting-the-minimum-wage-is-good-for/) [Jason Kander](https://sms4smile.com/quotes/author/jason-kander/) > [I do not believe there is a natural resource economics. I believe there is good economics and bad economics.](https://sms4smile.com/quotes/milton-friedman/i-do-not-believe-there-is-a-natural-resource-economics-i-believe/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [I think the minimum wage outght to keep pace with inflation. I think the minimum wage is a good thing to have in our…](https://sms4smile.com/quotes/mitt-romney/i-think-the-minimum-wage-outght-to-keep-pace-with-inflation-i-think/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics, because discrimination, poverty and ignorance restrict growth,…](https://sms4smile.com/quotes/william-j-clinton/it-turns-out-that-advancing-equal-opportunity-and-economic-2/) [William J. Clinton](https://sms4smile.com/quotes/author/william-j-clinton/) ## More by S. E. Cupp > [Feminism's ultimate success is that we don't need it anymore.](https://sms4smile.com/quotes/s-e-cupp-2/feminism-s-ultimate-success-is-that-we-don-t-need-it-anymore/) S. E. Cupp > [It's very encouraging to see the structural changes that the RNC has made this past year in engaging communities on the ground. Recognizing that…](https://sms4smile.com/quotes/s-e-cupp-2/it-s-very-encouraging-to-see-the-structural-changes-that-the-rnc-has/) S. E. Cupp Explore all 3 S. E. Cupp quotes ## More Capitalism quotes > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [Philosopher is a dictator who modifies accepted standards with his thoughts.](https://sms4smile.com/quotes/ilkin-santak/philosopher-is-a-dictator-who-modifies-accepted-standards-with-his/) [Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/) > [There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit…](https://sms4smile.com/quotes/gore-vidal/there-is-only-one-party-in-the-united-states-the-property-party-and/) [Gore Vidal](https://sms4smile.com/quotes/author/gore-vidal/) > [ Neither Italian fascism nor German national "socialism" have anything in common with such a \[Soviet socialistic\] society, primarily because private ownership of factories, plants,… ](https://sms4smile.com/quotes/joseph-stalin/neither-italian-fascism-nor-german-national-socialism-have-anything/) [Joseph Stalin](https://sms4smile.com/quotes/author/joseph-stalin/) > [Corporations have nothing to do with values, and they know it, and sometimes say it.](https://sms4smile.com/quotes/eric-kierans/corporations-have-nothing-to-do-with-values-and-they-know-it-and/) [Eric Kierans](https://sms4smile.com/quotes/author/eric-kierans/) > [Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an…](https://sms4smile.com/quotes/f-a-harper/both-fact-and-logic-seem-to-me-to-support-the-view-that-savings/) F. A. Harper > [The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except…](https://sms4smile.com/quotes/anonymous/the-free-market-is-ugly-and-stupid-like-going-to-the-mall-the-unfree/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Capitalism, communism ... it's all garbage.](https://sms4smile.com/quotes/mstislav-rostropovich/capitalism-communism-it-s-all-garbage/) [Mstislav Rostropovich](https://sms4smile.com/quotes/author/mstislav-rostropovich/) > [There are no two countries with the same style of economic mechanism, with the same capitalism.](https://sms4smile.com/quotes/anatoly-chubais/there-are-no-two-countries-with-the-same-style-of-economic-mechanism/) [Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/) > [It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become…](https://sms4smile.com/quotes/robert-kuttner/it-is-more-than-a-little-ironic-that-capital-accumulation-once-a/) [Robert Kuttner](https://sms4smile.com/quotes/author/robert-kuttner/) > [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) > [Socialism is humanity's second nature. All politicians do is turn human vice into votes.](https://sms4smile.com/quotes/ilana-mercer/socialism-is-humanity-s-second-nature-all-politicians-do-is-turn/) [Ilana Mercer](https://sms4smile.com/quotes/author/ilana-mercer/) > [“Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations.”](https://sms4smile.com/quotes/david-l-weimer/scholars-have-long-debated-whether-capital-markets-lead-to/) David L. Weimer > [“A car is one of the most interesting inventions, but driving is one of the most boring activities.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/a-car-is-one-of-the-most-interesting-inventions-but-driving-is-one-of/) [Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/) [Browse all 3,832 Capitalism quotes ](https://sms4smile.com/quotes/about/capitalism/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying that raising the minimum wage to $10.10 an hour would cost the economy about 500,000 jobs...Why should we trust Democrats on anything when they couldn't have foreseen that this would be the case?", "creator": { "@type": "Person", "name": "S. E. Cupp" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/s-e-cupp-2/a-lot-of-democrats-have-said-that-raising-the-minimum-wage-is-both/", "about": { "@type": "Thing", "name": "Capitalism" }, "@id": "https://sms4smile.com/quotes/s-e-cupp-2/a-lot-of-democrats-have-said-that-raising-the-minimum-wage-is-both/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/e6e/s-e-cupp-2-86110_capitalism_a-lot-of-democrats-have-said-that-raisin_709730.jpg", "contentUrl": "https://sms4smile.com/quotes/i/e6e/s-e-cupp-2-86110_capitalism_a-lot-of-democrats-have-said-that-raisin_709730.jpg", "url": "https://sms4smile.com/quotes/i/e6e/s-e-cupp-2-86110_capitalism_a-lot-of-democrats-have-said-that-raisin_709730.jpg", "width": 1080, "height": 1080, "caption": "“A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The…” — S. E. Cupp", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "S. E. Cupp", "item": "https://sms4smile.com/quotes/author/s-e-cupp-2/" }, { "@type": "ListItem", "position": 4, "name": "A lot of Democrats have said...", "item": "https://sms4smile.com/quotes/s-e-cupp-2/a-lot-of-democrats-have-said-that-raising-the-minimum-wage-is-both/" } ], "@id": "https://sms4smile.com/quotes/s-e-cupp-2/a-lot-of-democrats-have-said-that-raising-the-minimum-wage-is-both/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```