wages

Fed Up with Stagnant Wages and Corrupt Politicians

For the past 40 years, our political leaders have not only allowed, but have deliberately effectuated economic polices that have crammed most of the profits generated by ordinary working people into the pockets of those at the very tippy-top of the income ladder — by conspiring against organized labor, giving preferential tax breaks to the very wealthy, and by allowing bad trade deals to offshore our best jobs.

Using RICO to Stop Union-busting and Restore Wages

Increased productivity no longer has an affect on raising wages, because all the gains go to the top — and the decline of labor unions plays a big part; as well as a tax code that Congress has skewed to mostly favor the very wealthy and large corporations.

Jared Bernstein, former economic adviser to Vice President Joe Biden, recently writes:

Job Polarization and Wages (A Visualization)

Economists refer to "job polarization" in the labor force when middle-class jobs (requiring a moderate level of skills) appear to disappear relative to those at the bottom (requiring fewer skills) and to those at the top — requiring greater skills; or those who are better networked and know people in a position of influence. (Below is a simple animation to show how job polarization might look).

The GOP’s “Jobs Bill Joke” (and other 2015 LOLs)

Nine million unemployed Americans and six million others who are "not in the labor force" but also want a job will soon see what the new Congress will propose next year as their first "jobs bill" (Hint: It won't be for government jobs or public infrastructure investment — and it will be the GOP's very first bill).

Should Billionaires be Taxed for Social Security?

Everybody is picking on the multi-billionaires. The beggars (aka "the takers") are always holding out their hand and constantly demanding more — a living wage or a minimum wage, healthcare insurance, paid sick days, vacation days, safety regulations, equal pay for women, pension contributions ... the list goes on and on. When will it ever stop? And can multi-billionaires even afford these unreasonable demands without tanking the entire economy?

Graphing American Wage Statistics Is Not a Pretty Picture

The rich get richer and income inequality in America continues to grow in 2013.  The wage situation improved from 2012, but it's still pretty bad.  The median wage was $28,031.02 in 2013 a paltry 1.9% increase from 2012.  While the ratio of median wage to average wage improved, the 110 super rich are now earning 2595 times more than average workers.

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