It is wrong to aver that moderate minimum wage increases do not lead to any losses of jobs or hours by affected workers. But the benefits of the wage increase leave them better off, on net.
All the reasons are there for an increase in minimum wage. It's good for the economy. It's good for workers and for business. It's good for social mobility, and it's good for the American Dream. What a patriotic policy, then, and how fitting for the nation's capital to consider it. Let's hope D.C. implements it and soon.
Woody Guthrie is a hero of mine. He represents whatever is left inside of me that has a little peek at optimism, despite all the pain and suffering and horrible turns of government I've seen and experienced.
Each year, luxury retailer Neiman Marcus publishes its "Christmas Book," a catalog of holiday gift ideas for the well-to-do. "The Book" (not be confused with the Bible) also features several really cool ludicrously expensive "fantasy gifts."
It is time fulfill the social contract, realize Mandela's dream, and advance a society that is economically just and fair for all. We cannot succeed in this country or anywhere else in the world when a shrinking few do very well and a growing majority can barely make it.
San Francisco's higher housing and overall living costs requires a significantly higher local minimum. This may require a ballot initiative to overturn the 2003 measure setting the current rate, but such a proactive move for economic fairness is imperative.
Originally posted at AcronymTV.com Fast-food workers walked off their jobs in over 100 cities on Thursday, demanding a living wage. The actions ...
After paying for housing, utilities, transportation, food -- and Walmart's most basic health insurance -- a single person living in a relatively low-cost community would have about $395.50 to cover the rest of the month's expenses; a parent with a 6-year-old, about $143.10.
The essence of free markets is competition and this applies equally to wages as to prices. In theory the system is fair, but in practice, a handful of major players set the wage level for smaller competitors as well.
No politician wants to mention "redistribution" because it conjures up images of worthy "makers" forced to hand over hard-earned income to undeserving "takers." But as low-wage work proliferates in America, so-called takers are working as hard if not harder than anyone else, and often at more than one job.
Tomorrow, in 100 cities nationwide, fast-food workers are speaking out and taking action. Their message is simple: they want a wage that allows them to raise their families without living in poverty.
We live in a region that consistently makes "best" lists -- 50 Best Cities, Best Cities to Find a Job. The truth is, those lists only apply to some of our community's residents. For others, this has become an increasingly difficult place to live with resources that are always just out of reach.
Raising the minimum wage is a better way to cut spending on assistance programs because higher wages cut the need for assistance such as food stamps. Raising the minimum wage increases other wages as well, for example low-paid supervisors of minimum-wage employees.
It's one of the oldest right-wing claims: "Excessive" regulation will harm job creators and kill the economy. But is it based on sound economics?