Working Life

The lowering of expectations. The willingness to let people wallow in poverty and be bankrupted by big corporations because of the lack of courage in political leaders. That is what I would argue is the conclusion from the president’s minimum wage rhetoric, which is pretty much health care all over again.

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It’s all the rage to finger big corporations for parking hundreds of billions of dollars in profits overseas — in the Cayman Islands and other hospitable spots. And, it is an economic fuck-you to every hard-working person. But, funny enough, you don’t have to go overseas to find the problem.

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It’s all the rage — at least for now, until the next hot little stock. But, you know, Twitter may seem real edgy, or new, or hip — but when it comes to corporate responsibility, it’s the same old story. Tax loopholes galore!

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Fabulous to see my old comrade from back in the first David Dinkins campaign become the next mayor of NYC. I think he’ll do very cool things. But, I’m even more thrilled to see a significant victory out West — a serious hike in the minimum wage. Can you say $15 an hour?

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I’m going to guess that most people have already forgotten the tragedy of Rana Plaza. It’s far, far away for most Westerners. But, in Bangladesh, the horror of Rana has left at least the workers ready to press on to upgrade life.

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A couple of days ago, I mentioned how Jamie Dimon and his band of corporate lawyers were planning to fleece the people — again. They concocted a scheme to make sure that a ton of the fine money Jamie had agreed to shell out from the corporate treasury in the form of fines would, in fact, be tax deductible. But, whoa, wait a second — a couple of Democrats actually grew a set of balls.

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Why does Kathleen Sebelius still have a job? And why aren’t progressive demanding she be fired?

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These are the moments when you would really like to be a fly in the room where Jamie Dimon’s corporate lawyers sit around with the boss and ponder: how can we screw the public today? And, baby, every day they come up with a new one.

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A little thing to remember when you see unemployment seem to get “better”. There is more here than meets the eye.

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You’ve come to expect here a very skeptical, verging on enraged, attitude towards how the elites talk about taxes — including Democrats. Aggressive proposals to raise taxes to reasonable levels, particularly on the wealthy, just can’t be found with a few exceptions. Here is one that makes a bit of progress.

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