The pope, Obama and a former banker walk into a slum: does the 1% still win? | Chris Arnade | Comment is free | theguardian.com:
"The sharing-the-winnings part never happens. It certainly didn't happen prior to the crisis, and it didn't happen even as the American economy collapsed. The winners kept using their new wealth to further empower themselves. They did this by flooding the political system with money to stack the deck. Rather than invest in job-friendly projects, they moved production to places with the cheapest labor and the fewest regulations.
When you bend the rules to favor the wealthy, they never give back."
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Saturday, March 29, 2014
Tuesday, March 25, 2014
Friday, March 21, 2014
Saturday, March 15, 2014
Let’s Take the Politics Out of the Minimum Wage by Indexing it to Inflation « Main Street
Let’s Take the Politics Out of the Minimum Wage by Indexing it to Inflation « Main Street:
"Indexing the minimum wage to inflation is a common sense solution to the overwhelming majority of Minnesotans and has already proved to work well in other states. The state of Washington has the highest statewide minimum wage of $9.32 an hour, which has been indexed to inflation since 1998. Since then, Washington’s economy has not only decreased poverty, but it has created more jobs, including a 21 percent increase to the payrolls of restaurants and bars."
"Indexing the minimum wage to inflation is a common sense solution to the overwhelming majority of Minnesotans and has already proved to work well in other states. The state of Washington has the highest statewide minimum wage of $9.32 an hour, which has been indexed to inflation since 1998. Since then, Washington’s economy has not only decreased poverty, but it has created more jobs, including a 21 percent increase to the payrolls of restaurants and bars."
Saturday, March 8, 2014
Small Business Majority Report - Small Businesses Support Increasing the Minimum Wage to $10.10
Small Business Majority Report - Small Businesses Support Increasing the Minimum Wage to $10.10:
"The majority of small business owners support increasing the federal minimum wage to $10.10 per hour and adjusting it yearly to reflect the cost of living:
57% of small business owners support increasing the federal minimum wage of $7.25 in three stages over two and a half years to $10.10, and believe that it should be adjusted annually to keep pace with the cost of living."
"The majority of small business owners support increasing the federal minimum wage to $10.10 per hour and adjusting it yearly to reflect the cost of living:
57% of small business owners support increasing the federal minimum wage of $7.25 in three stages over two and a half years to $10.10, and believe that it should be adjusted annually to keep pace with the cost of living."
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