wages

They Built That — On Minimum Wage

If for no other reason, the Republican party's ABSOLUTE REFUSAL to raise the federal minimum wage should be the best reason for why the GOP should lose the 2016 congressional elections. Republican voters (who might earn more) should understand that, by setting the ground floor for the lowest federally mandated minimum wage, that also puts great pressure on their employers to raise their wages as well. How can their bosses explain to a factory worker in Tennessee (or elsewhere) that McDonalds employees are earning more than they are?

The Ugly Face of Shareholder Value Exposed By Inversions

Something strange is happening to familiar American companies:  Burger King has become Canadian, Pfizer seems to be trying to be British, and Walgreens has backed away from becoming Swiss only because of the outcry over their plan for a new nationality.  Seeing what our companies are willing to do to escape paying income tax, people are beginning to wonder about how American our American companies are.

 

American Exceptionalism is Dead

Having the mightiest military, more powerful than the world has ever seen, doesn't make America exceptional. An ever expanding middle-class, equal opportunity for all, fairness in the political process and worker's rights was what had also made America exceptional since World War II—when the rising tide of capitalism had once lifted all boats. Now it just lifts the biggest yachts.

Worker Wage Inequality Myth Exposed

In America today there is a crisis.  That crisis is economic inequality.  The U.S. workforce has been blamed and dismissed for the growing gap between rich and poor.  Much effort has gone into blaming the victim.  Americans have been called fat, lazy and stupid along with the never ending drumbeat claim U.S. workers are uneducated and do not have enough technological skills.

Economic Gender Discrimination Alive and Well in 2013

Women are still low on the economic totem pole.  A new Census report shows nothing has changed, women still make 77¢ to a male's dollar when both are working at full-time jobs and if one includes part-time, the ratio is even lower, 71¢.  Worse than that, women with families and no husband around make the lowest median income of all, $34,002.

Low Pay Keeps Millennials Stuck at Home

It seems that fast-food wages can't pay the rent these days, so this week fast-food workers took to the streets in protest. Then panic ensued, and Fox News immediately launched a counter-offensive by putting on a high-priced restaurant lobbyist to argue that America's most titanic and profitable corporations, as well as the largest job creators, can't afford to pay their employees a living wage. If this is true, then capitalism, as we once knew it, has come to a shuttering halt.

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