It's so very wonderful to learn this week that "median household income" in 2014 was $53,657, even if it was down from $57,843 in 1999. You can still buy a nice basket of goodies on $50 grand a year. If only it were true. Most jobs pay about $31k. Many families have just one parent … Continue reading Rich look poorer, poor much richer – report distorted to make average Joe happy – despite Depression
Category: minimum wage
Lies about minimum wage – it’s not even a lousy $7.25 an hour
One of the least discussed provisions of the minimum wage law in this country is how we treat workers under the age of 20 - those high school and college students deprecated on FOX News, for example, as overpaid burger flippers, toilet cleaners, gardeners, and other manual workers. The concept of raising their wages to … Continue reading Lies about minimum wage – it’s not even a lousy $7.25 an hour
FOX News lies about auto worker hourly wages
FOX News yesterday proclaimed on the web: The new GM deal would raise labor costs from $55 to $60 an hour, a 9 percent hike, according to a study of the deals from Kristin Dziczek of the Center for Automotive Research and Art Schwartz, a former GM labor executive and president of Labor and Economic … Continue reading FOX News lies about auto worker hourly wages
Trump card is the minimum wage. My bet: he just lost any chance of winning the Republican Presidential nomination
In the Middle Ages an average duke or earl's property was about 38,000 acres, and the "little people" grew the food and paid taxes to these aristocrats of yore, and the humble were called serfs and lived like dogs to support the castles for the very few. The present crony capitalism is different. Our aristocrats … Continue reading Trump card is the minimum wage. My bet: he just lost any chance of winning the Republican Presidential nomination
Tax credit cuts will make Britains work much harder – like Chinese or Americans – British Health Secretary tells the poor
British Health Secretary Jeremy Hunt thinks the British don't work hard enough because they have too generous tax credits - a benefit similar to the U.S. Earned Income Tax Credit (EITC). Hunt seemed like a money-grubbing rich person when he explained: “My wife is Chinese. We want this to be one of the most successful … Continue reading Tax credit cuts will make Britains work much harder – like Chinese or Americans – British Health Secretary tells the poor
“Undertime” will solve many of our economic woes
This is my proposed amendment to The Fair Labor Standards Act of 1938 (FLSA; also referred to as the Wages and Hours Bill), a federal statute of the United States: In addition to the payment of overtime wages at 1.5 times the normal rate for workers, who exceed eight hours per day or 40 hours … Continue reading “Undertime” will solve many of our economic woes
Law passed to exempt workers under ten
Watching Henry Paulson explain the trillions of dollars spent on the banks today, it didn't make me yearn for the good old days when capitalism was even more unfettered than presently. He, and his friends Tim Geitner and Larry Summers, epitomize what happens when bankers and their lackeys run America. Conservative politicians and commentators (have … Continue reading Law passed to exempt workers under ten
You can fool nearly all the people... 