Posted on 19 February 2015. Tags: Minimum Wage, Poverty, Wal-Mart
The problem with press releases and economic gorilla dust is no one bothers to do the math. So, Wal-Mart will get a lot of hugs and free good press from announcing that it will raises workers’ wages–but the truth is it’s still a sham. People working for Wal-Mart will still live in poverty. The only positive part of the announcement–though unintended–is how Wal-Mart’s announcement shows how pathetic the pre-election (is it even still on the agenda?) White House-Democratic Party’s signature minimum wage proposal is.
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Posted in General Interest
Posted on 02 July 2014. Tags: Class Warfare, Minimum Wage, Poverty, Productivity
The campaign for a $10.10 federal minimum wage, championed by the president, Democrats in Congress and a whole raft of “liberal/progressive” organizations, is a very bad idea.
To be clear, I’m not arguing it’s too ambitious. The opposite: what we need is a campaign, now, today, for a minimum wage of $20-an-hour. Anything less is a failure to confront poverty in America and a bankrupt economic system.
$10.10-an-hour will not allow people to make a fair living, or challenge the basic, “We-make-profits-thanks-to-poverty” system that underpins today’s real world economy.
Anything short of $20-a-hour is a capitulation to the most narrow politics, particularly on the part of so-called “liberals/progressives” who are, unintentionally, locking into place deep poverty in America and ratifying the basic principle of the so-called “free market”.
And $20-an-hour actually relates to real life after you look at a very complicated idea: simple math.
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Posted in General Interest
Posted on 20 June 2014. Tags: Goldman Sachs, Poverty
I’ve been looking long and hard, trying to find something, just one thing, to say positive about the crooks on Wall Street and in the banking industry. Maybe it’s the Summer Solstice–but, eureka! Those guys have helped moved the poverty conversation in the right direction.
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Posted in General Interest
Posted on 14 November 2013. Tags: Middle Class, Minimum Wage, Poverty, Productivity, SeaTac
With about 250-300 ballots left to count, the ballot initiative to raise the minimum wage to $15-an-hour in the city of SeaTac is leading by just 19 votes. It’s lost a bit of ground since Tuesday’s lead of 43 votes. But, win or lose, it could set a different standard for the debate around the minimum wage.
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Posted in General Interest
Posted on 12 November 2013. Tags: Middle Class, Minimum Wage, Poverty, SeaTac
The votes keep trickling in. But, as of close of business today in Seattle, the initiative to raise the minimum wage to $15-an-hour in SeaTac is hanging on. And it looks better today.
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Posted in General Interest
Posted on 09 November 2013. Tags: Middle Class, Minimum Wage, Poverty, SeaTac
Uh, yeah, every vote does matter. Especially when it comes to making sure people don’t live in poverty. Mark one up for a move to a serious minimum wage!
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Posted in General Interest
Posted on 24 June 2013. Tags: George Miller, Minimum Wage, Poverty, Tom Harkin
For a very long time, I’ve pointed out the moral outrage of the so-called “minimum wage”, so-called because it is really a poverty wage, not a minimum wage. Minimum wage gives the impression that it is the minimum a person can live on. But, you can’t live on that wage. That’s where a hike in the poverty wage is welcome, even if it is still not enough.
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Posted in General Interest
Posted on 04 March 2013. Tags: Poverty, Sylvia Mathews Burwell, Wal-Mart
Maybe this falls under the rubric of “don’t blame children for the sins of their parents” and maybe I’m just a wee bit cynical BUT…the president couldn’t find another qualified woman to runs his numbers as his budget chief besides someone who headed up the Wal-Mart Foundation?
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Posted in General Interest
Posted on 13 February 2013. Tags: Barack Obama, Minimum Wage, Poverty
Yesterday, I wrote that the president’s proposal to hike the minimum wage from $7.25 to $9 was a meek proposal. And that it was pure rubbish to argue, as he did, that that hike would help people get ahead. Just to add today a bit more.
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Posted in General Interest
Posted on 12 February 2013. Tags: Barack Obama, Minimum Wage, Poverty, Productivity
Well, bravo for the president for going to fight for a rise in the minimum wage. But, let’s be clear — this isn’t going to do much to raise people out of poverty.
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Posted in General Interest