A far-left think tank founded with input from President Obama is pushing a plan for private retail stores such as Walmart to create a “new wage floor” that hikes workers’ wages by at least 27 percent to $12.25 per hour.

The scheme is outlined in a new study published by Demos, a longtime partner of the disgraced ACORN activist group.

Unmentioned in the Demos study is that the “new wage floor” is modeled after another Demos plan for a “living wage” that devastated business when it was attempted in some cities in the 1990s as a pet project of ACORN.

According to Demos’ own website, while Obama was a state senator in 1999, he served on the working group that founded Demos.

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