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Keyword: wages

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  • How Higher Wages Could Sink the Economy

    09/12/2016 5:13:34 AM PDT · by expat_panama · 3 replies
    The Fiscal Times ^ | September 9, 2016 | Anthony Mirhaydari
    It's no secret that the post-crisis recovery hasn't been so great for the average American. Growth has been uneven. Job gains, while strong, have often been concentrated in areas like bars and restaurants. Wage inflation has been tepid. And yet, costs for things like health care, education and housing have soared. Policymakers have focused, for better or worse, on driving down interest rates and boosting the price of financial assets, lifting corporate profits and the stock market to record highs in the process but also widening the income and wealth inequality gaps. At long last, there is evidence a...
  • Donald J. Trump Remarks on Creating a New and Better Future for Americas Inner Cities

    08/16/2016 8:39:55 PM PDT · by Ray76 · 82 replies ^ | Aug 16, 2016 | Donald J. Trump
    Its so great to be here tonight. I am honored to also be joined this evening by Governor Scott Walker, Chairman Reince Priebus, and Mayor Rudy Giuliani. We are at a decisive moment in this election. Last week, I laid out my plan to bring jobs back to our country. Yesterday, I laid out my plan to defeat Radical Islamic Terrorism. Tonight, I am going to talk about how to make our communities safe again from crime and lawlessness. Let me begin by thanking the law enforcement officers here in this city, and across this country, for their service and...
  • The Unsexy Truth About Millennials: Theyre Poor

    08/15/2016 11:06:57 AM PDT · by Lorianne · 269 replies
    Daily Beast ^ | 05 August 2016 | Samantha Allen
    Millennials are not some vast unsolvable mystery. According to a report from the U.S. Census Bureau (PDF), they earn $2,000 less than their parents did at a comparable age, they are more likely to live in poverty, and they are more likely to live at home. But Baby Boomers and Gen Xers still seem to find it hard to believe that basic economic math can explain much of the younger generations behavior. After several news outlets, including The Daily Beast, reported that rates of millennial sexual inactivity in early adulthood are surprisingly high, armchair social theorists came out in force...
  • Here's Why Wages Have Stagnated--and Will Continue to Stagnate

    08/15/2016 11:18:41 AM PDT · by Lorianne · 16 replies
    Of Two Minds ^ | 14 August 2016 | Charles Hugh Smith
    The only way to reverse declines in labor participation and stagnation in wages and demand is to make it easier to start enterprises and hire people. The reason why mainstream economists don't understand these developments is they don't: 1. Consider the systemic impact of energy and EROEI (energy returned on energy invested). 2. Consider the systemic impact of fast-rising private and public debt. 3. Consider the systemic impact of rising inflation resulting from state-cartel capitalism; the only possible output of state-cartel capitalism is a higher cost structure for' the entire economy. 4. Consider that consumption is exhausted because everyone already...
  • Shock: Americans Wages Dropping Fast in 2016

    08/10/2016 6:53:32 AM PDT · by Prov1322 · 39 replies
    Breitbart ^ | 08/08/2016 | Neil Munro
    Federal data released Aug. 9 shows that Americans wages are dropping again, seven years after President Barack Obama declared the economy had recovered from the property-bubble and three months before the 2016 election. The dramatic drop was buried in an Aug. 9 report by the Bureau of Labor Statistics, which said that officials have radically revised their prior claim that wages grew 4.2 percent in the first quarter, from January to March. Real hourly compensation decreased 0.4 percent after revision, rather than the previously-published increase of 4.2 percent, the BLS admitted. Compensation also fell another 1.4 percent in the...
  • Boston Globe Accidentally Reports That Raising the Minimum Wage Kills Jobs

    07/06/2016 5:19:36 PM PDT · by Kaslin · 15 replies
    PJ Media ^ | July 6, 2016 | Tom Knighton
    Many Americans are campaigning for a raise in the minimum wage. Even more Americans are struggling just to find jobs at any wage.Yup -- those two news items are related.While trying to present a case for the Massachusetts state legislature to approve a program that provides summer jobs to teens at non-profits and government agencies, an editorial at the Boston Globe accidentally explained why artificially imposed minimum wages kill job opportunities.I dont think the Globe even realized it, either: The program provides money for YouthWorks, which pays the wages of 4,400 low-income teens in eligible cities who work for nonprofits...
  • Repulsive: Richard Trumka's Hyper-Political 9/11 Essay

    09/10/2011 12:29:29 AM PDT · by Impala64ssa · 12 replies · 1+ views ^ | 9/9/11 | Guy Benson
    As you read this 9/11 "memorial" missive to rank-and-file union members, bear in mind that its author -- AFL-CIO president Richard Trumka -- was an honored presidential guest at last night's campaign rally disguised as a "jobs speech." This is much, much more offensive than Jimmy Hoffa, Jr.'s juvenile "SOB's" slur on Monday. Without further ado, I present top White House ally Richard Trumka's reflections on the tenth anniversary of September 11, 2001 (emphasis mine): All of us will remember the horror and anguish we experienced 10 years ago. Whether we lost loved ones ourselvesfamily members, union brothers and sistersor...
  • Average Family Today Has Less Income Than When Obama Took Office(?)

    06/11/2016 9:42:26 AM PDT · by rktman · 28 replies ^ | 6/10/2016 | Daniel Mitchell
    Whats the most important economic statistic to gauge a societys prosperity? I often use per-capita economic output when comparing nations. But for ordinary people, what probably matters most is household income. And if you look at the median household income numbers for the United States, Obamanomics is a failure. According to the Census Bureaus latest numbers, the average family today has less income (after adjusting for inflation) than when Obama took office. In an amazing feat of chutzpah, however, the President is actually arguing that hes done a good job with the economy. His main talking point is that the...
  • Minimum Wage vs. the Carwasheros: New York's new $15 wage floor pits man against machine.

    06/09/2016 9:29:35 AM PDT · by C19fan · 30 replies
    Reason ^ | June 9, 2016 | Jim Epstein
    Labor activists have long claimed that working conditions at New York City's car washes are the worst of the worst. In the Big Apple, an estimated 5,000 men scrub and vacuum other people's vehicles for a living. A decade ago, it was common for these so-called carwasheros, many of whom are illegal immigrants from Mexico and Latin America, to earn $3 per hour plus tips, with no extra pay for overtime. Straight cash, off the books. When demand peaked in the winter months, they would often put in 12 hours a day, six days a week. Regulators paid little attention,...
  • Remembering the Forsaken A Review of the book The Forsaken An American Tragedy In Stalins Russia

    04/22/2010 10:09:29 AM PDT · by GonzoII · 8 replies · 297+ views
    Tradition Family and Property ^ | Francis Slobodnik | Tuesday, 12 January 2010
    Remembering the Forsaken Written by Francis Slobodnik    Tuesday, 12 January 2010 18:51   A Review of the book The Forsaken, An American Tragedy In Stalin’s Russia by Tim Tzouliadis     In times of social and political turmoil, it is not uncommon for men to grasp for what appear to be easy solutions. Oftentimes, these impulsive decisions can have disastrous consequences. There is nothing meritorious about change in and of itself. The virtuous person prayerfully reasons through the options before making decisions. Men with little virtue grab desperately for anything that, on the surface, appears will improve their...
  • Obama proposes expanding Social Security benefits while the program careens toward insolvency

    06/02/2016 7:03:14 PM PDT · by MtnClimber · 24 replies
    American Thinker ^ | 2 Jun, 2016 | Rick Moran
    For more than 20 years, the Government Accountability Office has been warning that the varioius Social Security funds would go broke in a matter of decades unless something is done to shore up the program. Unfortunately, there are limited options when trying to address this crisis. You can employ a combination of raising the retirement age and/or increase the FICA tax. Other than that, you're rearranging chairs on the deck of the Titanic. But President Obama who is fully aware of the threat of insolvency is now proposing that Social Security benefits be increased and wants the "rich"...
  • Oil Industry Drove US Wage Growth. Now that Is Over

    06/01/2016 3:58:44 PM PDT · by bananaman22 · 9 replies ^ | 01-06-2016 | Irina
    A report from Pew Research Center reveals that between the third quarter of 2000 and the same period of last year, wages across the U.S. rose by an impressive 7.4 percent in real terms, driven largely by the oil and gas industry. Wages in energy-dependent communities rose by the most, in some cases more than twofold, such as in Texas. This shouldnt be surprising as the period reviewed coincides with the peak of the shale boom in the country, even though it also covers two periods of recession. But those positive effects are starting to disappear. The energy industry is...
  • Joe's Crab Shack backs away from no-tipping policy

    05/12/2016 3:33:35 PM PDT · by PAR35 · 52 replies
    CNN ^ | May 12, 2016 | Kathryn Vasel
    Apparently, the no-tipping test at Joe's Crab Shack isn't working out. The casual seafood chain announced in November that it had been trying out a no-tipping model in 18 of its restaurants across the country since August. But less than a year later, the company is moving back to the standard gratuity model in 14 of the test locations. ... "Our customers and staff spoke very loudly [about the policy], and a lot of them voted with their feet," he said.
  • Study Casts Doubts on Apples Ethical Standards: Research on 1,261 pay stubs shows that Apples prot

    04/25/2016 3:30:18 PM PDT · by SoFloFreeper · 22 replies
    China Labor Watch ^ | February 24, 2016
    In 2013, China Labor Watch (CLW) began investigating the labor conditions of workers at Pegatron Corporation factories in China making products for Apple... This year, CLW collected 1,261 pay stubs from Pegatron Shanghai workers, 13 times as many as stubs as last year. The documents were gathered with the assistance of 18 Pegatron workers coming from 12 departments... 1) Workers are paid at a rate of 1.82 USD/hour. 2) On average, overtime pay as a percentage of workers gross wages is 42.4%. 3) Workers work more than 10 hours a day, 6 days a week. 83.8% workers monthly overtime hours...
  • How Good Is Job Growth? The Chart Obama Doesnt Want You To See

    04/02/2016 5:57:14 AM PDT · by IBD editorial writer · 12 replies
    Investor's Business Daily ^ | 4/1/2016 | John Merline
    The longest streak of private-sector job growth on record! U.S. businesses have now added 14.4 million jobs over 73 straight months! The labor force participation rate rose to 63% in March, the same level as in November 2013! All those quotes minus the exclamation points came from White House top economist Jason Furman. And they are all accurate. Whats missing, however, is context.
  • If you think life was better 50 years ago . . .

    04/02/2016 7:24:52 AM PDT · by Macoozie · 159 replies ^ | April 1, 2016 | Nick Gillespie
    . . . what's most striking to the chart above isn't the spread between Trumpists and Clintonistas (though it is stunning, to be sure), it's that only a bare majority of the latter feel things are better now than they were 50 years ago.
  • Calif. to raise minimum wage to $15: reports

    03/26/2016 9:51:02 PM PDT · by 2ndDivisionVet · 44 replies
    The Hill's Briefing Room ^ | March 26, 2016 | Evelyn Rupert
    California lawmakers and union leaders have reached a tentative deal to raise the state minimum wage to $15 an hour over the next several years, the Los Angeles Times reports. Gov. Jerry Brown (D) is expected to make the formal announcement as early as Monday. According to the L.A. Times, the minimum wage will jump from $10 to $10.50 an hour in 2017 and will increase by $1 every year after that until reaching $15 an hour in 2022. Business with fewer than 25 employees will have an extra year to comply. "The governor and stakeholders have all been negotiating...
  • Trump Tower Begin on Backs of Immigrants (Another nothing burger hit piece)

    02/27/2016 2:18:14 PM PST · by Vigilanteman · 25 replies
    NBC News ^ | 27 February 2016 | Cynthia McFadden
    This is all video and, if you don't want to give the goon squad a hit, I'll summarize for you:A clip is shown from the most recent debate about a new twist on a very old story-- 30 years old.Trump is supposed to be responsible now for the sins of a contractor he hired 30 years ago, even though one of the cheated workers, then an illegal Polish immigrant and now a U.S. citizen, is quoted as seriously considering voting for him.This is their 8 seconds of balance in 4:15 minute hit piece. If you blink, you'll miss it!
  • Americans are quitting their jobs like crazy

    02/09/2016 8:07:31 AM PST · by SeekAndFind · 33 replies
    Business Insider ^ | 02/09/2016 | Akin Oyedele
    Americans are quitting their jobs like crazy, and this is good news for wages. The latest monthly "Job Openings and Labor Turnover Survey" (JOLTS) showed that in December, the total number of quits was 3.1 million, the highest level in a decade, while the quits rate was 2.1%, the highest since April 2008. This rate, which takes the number of quits divided by the number of employees who worked or were paid for work, is one of the labor-market metrics most closely watched by Federal Reserve chairwoman Janet Yellen. If people are quitting their jobs, it suggests that they are...
  • W-a-l-m-a-r-t does not spell welfare

    01/22/2016 12:49:36 PM PST · by Sean_Anthony · 8 replies
    Canada Free Press ^ | 01/22/16 | David Hunter
    Unlike government, which never has a bottom line and seems not to care one whit for economic consequences in U.S. deficit spending and counting)--such is not the case for any business or any rational person managing a household budget Apparently the liberal MSM and politicians confuse the name Walmart with the concept of welfare. The first is a publicly-traded retailer with stockholders that expect the company to remain profitable. The second is a government-sponsored entitlement program for the needy. The two are examples of entirely different economic animals: the first provides purpose, the semblance of independence and potential upward mobility,...
  • Judge gives go-ahead for ballot measure to raise Nevada's minimum wage

    01/21/2016 7:26:37 AM PST · by redreno · 5 replies ^ | 01/20/2016 | By Sandra Chereb
    CARSON CITY — A state judge Wednesday rejected arguments challenging language in a proposed constitutional amendment to gradually raise Nevada's minimum wage. District Judge James Wilson said a coalition of business groups failed to show that a required description of effect was misleading or that language setting dates for when new minimum wage rules must be posted are inappropriate. Attorneys Matt Griffin and Kevin Benson, arguing on behalf of the Committee to Preserve Nevada Jobs, argued that the explanation on what the initiative would do was misleading because it didn't explain that employers who violated minimum wage laws would be...
  • Jobs Arrive In December, But Why Still No Pay Raise?

    01/09/2016 7:48:06 PM PST · by SeekAndFind · 10 replies
    IBD ^ | 01/09/2016
    We needed some good news in an otherwise grim week for the economy and stocks and got it in a blockbuster report showing 292,000 new hires in December and a 50,000 upward revision from previous months. The alternative measure used by the Department of Labor based on the household survey, showed job growth was even swifter, with a gain of 485,000. Best of all, nearly half a million Americans on net entered the labor force, helping reverse for now a horrid slide in labor market participation. The participation rate now stands at 62.6%, up from 62.4% in September. But we're...
  • 6 Big Cities See Hiring Fade After Minimum Wage Hikes

    01/09/2016 10:23:38 AM PST · by QT3.14 · 39 replies
    IBD ^ | January 6, 2016 | Jed Graham
    U.S. cities that implemented big minimum-wage hikes to $10 an hour or more in 2015 have seen a strikingly similar aftermath: Job gains have fallen to multiyear lows at restaurants, hotels and other leisure and hospitality venues. The data aren't, for the most part, stark and reliable enough to amount to smoking-gun proof. But Chicago, Oakland, San Francisco, Seattle, Los Angeles and Washington, D.C. — all on the leading edge of the push for big minimum wage hikes — all show worrisome job trends.
  • Most Americans are one paycheck away from the street

    01/06/2016 5:59:18 PM PST · by free_life · 55 replies
    MarketWatch ^ | Jan 6, 2016 | Quentin Fottrell
    Some 63% of people can't deal with a $500 emergency. Americans are starting 2016 with more job security, but most are still theoretically only one paycheck away from the street. Approximately 63% of Americans have no emergency savings for things such as a $1,000 emergency room visit or a $500 car repair, according to a survey released Wednesday of 1,000 adults by personal finance website, up slightly from 62% last year. Faced with an emergency, they say they would raise the money by reducing spending elsewhere (23%), borrowing from family and/or friends (15%) or using credit cards to bridge...
  • Bernie Sanders: Let’s face it, I can appeal to Trump's voters

    12/28/2015 3:33:20 PM PST · by Kaslin · 60 replies
    Hot ^ | December 28, 2015 | ALLAHPUNDIT
    Preposterous. They’re nothing alike. Sanders is an unorthodox Democrat who supports universal health care and trade protectionism but also tighter borders and stronger gun rights than most liberals do. Trump, on the other hand, is … wait a sec. Hmmm. Where was I going with this again? The strangest thing: I've met a number of Trump rally attendees who say their top two are Trump and Sanders. Seriously. Or in reverse.— Sopan Deb (@SopanDeb) December 28, 2015 We’re in a weird place when Bernie Sanders and Ted Cruz are both competing to be the second choice of another guy’s base,...
  • Donald Trump changes tune on wages after Bernie Sanders broadside

    12/28/2015 8:33:33 AM PST · by SeekAndFind · 147 replies
    AOL via Business Insiders ^ | 12/28/2015 | Colin Campbell
    Republican presidential front-runner Donald Trump has appeared to take a new position on US wages. After previously saying wages were "too high," Trump instead stressed Sunday and again Monday that they were actually "too low." "Wages in are country are too low, good jobs are too few, and people have lost faith in our leaders. We need smart and strong leadership now!" Trump tweeted Monday morning. The apparent shift came after Sen. Bernie Sanders (I-Vermont), a Democratic presidential candidate, said in a Sunday interview that his message would resonate among Trump's working-class supporters. "Look, many of Trump's supporters are a...
  • Is Ted Cruz Right that Immigration Drives Down Wages?

    12/20/2015 11:44:39 AM PST · by 2ndDivisionVet · 41 replies
    The Street ^ | December 20, 2015 | Leon Lazaroff
    Immigration to the U.S. is an "economic calamity," according to Ted Cruz -- but only if it happens to you....
  • Trump: I never said wages are too high

    11/12/2015 10:12:05 PM PST · by UncleRicosFootball · 37 replies
    Politico ^ | 11/12/15 | Eliza Collins
    Trump: I never said wages are too high By ELIZA COLLINS 11/12/15 06:53 PM EST Share on Facebook Share on Twitter Donald Trump on Thursday clarified his comments from Tuesday night's GOP debate about wages being too high, saying the blowback has been misguided. The billionaire businessman was asked during the Fox Business debate about whether he was sympathetic to protesters who have been pushing for the minimum wage to be raised to $15 an hour. “I can’t be…and the reason I can’t be is because we are a country that is being beaten on every front,” Trump said on...
  • Trump doubles down on debate claim: ‘Wages are too high’

    11/11/2015 10:38:30 AM PST · by GIdget2004 · 92 replies
    The Hill ^ | 11/11/2015 | Ben Kamisar
    Donald Trump on Wednesday doubled down on his argument that American wages are “too high” after making a similar claim during Tuesday night’s GOP presidential debate. “We have to become competitive with the world. Our taxes are too high, our wages are too high, everything is too high,” he said Wednesday morning during an interview on MSNBC’s “Morning Joe.” “What's going to happen is now people are going to start firing people.” Trump’s comments came when asked about the minimum wage, which he explained during Tuesday night’s debate on Fox Business News and reiterated on Wednesday. He said both times...
  • Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year

    10/21/2015 7:55:14 AM PDT · by SeekAndFind · 42 replies
    EAD ^ | 10/21/2015 | Michael Snyder
    We just got more evidence that the middle class in America is dying. According to brand new numbers that were just released by the Social Security Administration, 51 percent of all workers in the United States make less than $30,000 a year. Let that number sink in for a moment. You can’t support a middle class family in America today on just $2,500 a month – especially after taxes are taken out. And yet more than half of all workers in this country make less than that each month. In order to have a thriving middle class, you have got...
  • Its Getting Harder To Move Beyond A Minimum-Wage Job

    10/11/2015 6:09:16 PM PDT · by 2ndDivisionVet · 35 replies
    FiveThirtyEight ^ | October 8, 2015 | Ben Casselman
    Minimum-wage jobs are meant to be the first rung on a career ladder, a chance for entry-level workers to prove themselves before earning a promotion or moving on to other, better-paying jobs. But a growing number of Americans are getting stuck on that first rung for years, if they ever move up at all. Anthony Kemp is one of them. In 2006, he took a job as a cook at a Kentucky Fried Chicken in Oak Park, Illinois. The job paid the state minimum wage, $6.50 an hour at the time, but Kemp figured he could work his way up....
  • New York state APPROVES $15 minimum wage for fast-food workers...first time ANY state...

    09/10/2015 3:55:49 PM PDT · by Libloather · 92 replies
    Daily Mail ^ | 9/10/15
    New York state APPROVES $15 minimum wage for fast-food workers...the first time ANY state has set it that high New York state will gradually raise the minimum wage for fast-food workers to $15 an hour the first time any state has set the minimum that high. Gov. Andrew Cuomo's administration formally approved the increase Thursday a move the Democratic governor announced at a labor rally with Vice President Joe Biden. Cuomo said he will work to pass legislation setting a $15 minimum for all industries a promise that comes as more and more cities around the country...
  • Hillary: I Am Going To Make Some Employers Go to Jail

    09/08/2015 6:38:45 AM PDT · by SeekAndFind · 71 replies
    National Review ^ | 09/08/2015 | Tom S. Elliott
    Speaking at a Labor Day rally in Hampton, Ill., today Hillary Clinton threatened to imprison employers for wage theft. Were going to go back to enforcing labor laws, Clinton said. Im going to make sure that some employers go to jail for wage theft and all the other abuses that they engage in. And we are going to make it harder and harder to stop what should be the right of every American: to join a union and bargain collectively through that union, she continued. But, Ill tell you, weve got a fight on our hands. The presumed 2016 Democratic...
  • Wages have in effect fallen since the economic recovery, study says

    09/03/2015 2:54:16 PM PDT · by BenLurkin · 20 replies
    The declines were greatest for the lowest-paid workers in sectors where hiring has been strong home health care, food preparation and retailing even though wages were already below average to begin with in those service industries. Stagnant wages are a problem for everyone at this point, but the imbalance in the economy has become more pronounced since the recession, said Irene Tung, a senior policy researcher at the National Employment Law Project and co-author of the study. Jasmin Almodovar, a home health care aide in Cleveland, knows all about that. She has worked for the same health care...
  • Jesse Ventura rips Scott Walker: Hes against equal pay, his faith says women are subservient

    08/31/2015 11:52:04 PM PDT · by Cincinatus' Wife · 39 replies
    The Raw Story ^ | August 31, 2015 | Arturo Garcia
    Ora.TV host Jesse Ventura ripped Wisconsin Gov. Scott Walker (R) for signing an extreme anti-abortion bill into law last year, sarcastically saying it did not go far enough. If he believes that if a doctor performs this its murder, then charge the doctor with murder. And its premeditated so it would be first-degree murder, wouldnt it? he said. These guys, if they truly want to stand up for it, then they gotta go all the way with it. The bill bans the procedure after the 20-week mark of any pregnancy, and does not contain exceptions for rape and incest victims....
  • Economics 102: WalMart Cuts Worker Hours After Hiking Minimum Wages

    08/31/2015 11:42:44 AM PDT · by Enlightened1 · 19 replies
    Zero Hedge ^ | 08/31/15 | Tyler Druden
    But the story didnt stop there. Late last month we highlighted an internal memo circulated at Arkansas recruiting firm Cameron Smith & Associates which looked to be an attempt to prepare the firms employees for layoffs at Wal-Marts home office. Then, not a week later, Bloomberg ran a story detailing the grievances of some senior Wal-Mart employees who suddenly realized that although they may still be making more than their subordinates, the wage hierarchy had been distorted and that distortion had nothing to do with merit. As we put it, higher paid employees dont understand why everyone under them in...
  • Wendys To Switch To Self Ordering And Automation To Avoid $15/hr Wage hike

    08/11/2015 5:45:11 PM PDT · by thomasryan · 118 replies
    GOVT SLAVES ^ | 8/11/15 | Jonathan Maze
    Wages are rising in the restaurant industry. There are two reasons for this. Minimum wages are increasing in many states. And its tougher for growing concepts to find workers. Consider The Wendys Company. On its earnings call earlier this week, executives acknowledged that wage costs are increasing one of several restaurant chains to admit this in the last couple of quarters. Part of this is coming from rising minimum wages. But another part is coming from competition for labor. There is a war on talent, CFO Todd Penegor said on the earnings call. As such, the chain has to...
  • Study Showing 15-Dollar-an-Hour Fast-Food Wages Would Raise Prices by Only 4 Percent Is Very Wrong

    08/05/2015 6:35:24 AM PDT · by SeekAndFind · 59 replies
    National Review ^ | 08/05/2015 | James Sherk
    If something seems too good to be true, it probably is. Unfortunately, many journalists did not remember that when covering a new report claiming $15-an-hour wages would raise fast-food prices only 4 percent. A closer look shows that the study underlying the report had major methodological errors. More serious analysis shows that $15-an-hour wages would raise fast-food prices by over a third at least until stores automate work currently done by humans. The study, by Purdue University economists Richard Ghiselli and Jing Ma, has made quite a splash. The Washington Post covered it extensively, concluding that the higher wages...
  • Socialist Bernie Sanders DEMANDS $15 minimum wage PAYS interns $12 an hour! LOL!

    07/25/2015 8:52:44 PM PDT · by lowbridge · 41 replies ^ | july 25, 2015
    And in todays edition of look at this hypocritical liberal, we have Bernie Sanders, the grump socialist, who demands that everyone in America pay their employees at least $15 no matter what their wages are actually worth in the free market. Now lets see what he pays his interns! From MRC-TV: Included in the62 million workers making under $15 hour are members of Bernie Sanders own staff. According to thesenators website, Interns are paid only $12 an hour. In [Bernies]bills summary, thefirst bullet pointreads, No one working full time should be in poverty. It is time to pay workers a...
  • Fast Food Franchise Owners Consider Suing N.Y. Over Minimum Wage

    07/24/2015 4:03:49 PM PDT · by Oldeconomybuyer · 26 replies
    NBC News ^ | July 24, 2015
    Gov. Andrew Cuomo wants to have it his way with New York's fast-food industry and restaurant owners aren't loving it. Franchise owners say they're considering a lawsuit against Cuomo's plan to raise the minimum wage in their eateries to $15 an hour, arguing that it is not fair or legal to be saddled with such a significant increase in labor costs that won't apply to retail, landscaping, child care or other traditionally low-wage industries. "Singling out fast food restaurants while ignoring other industries that hire workers who are paid under $15 is unfair and discriminatory, harms New York workers,...

    07/14/2015 5:31:57 PM PDT · by Hojczyk · 19 replies
    Breitbart ^ | July 14,2015 | by TONY LEE
    Trump is resonating with Americans, especially the so-called silent majority, by speaking bluntly about illegal immigration, and Levin also had some politically incorrect points to make on the subject. While listening to Breitbart News Sunday, Levin said he was particularly bothered by the claimmade by politicians on both sides of the aislethat there are so many so-called jobs that Americans will not do. Levin mentioned that, according to the Census, 73% of janitors are American citizens, as are 51% of maids and housekeepers, 58%of taxi drivers, 64% of landscapers, 66% of construction workers, and 72% of bellhops, porters, and concierges....
  • What Your Boss Really Means By "No One Is Getting A Raise."

    07/07/2015 5:08:35 AM PDT · by SeekAndFind · 22 replies
    Forbes ^ | 07/07/2015 | Simon Constable
    We are now half way through the calendar year, and for many that means mid-year performance reviews. Or even worse, for some with odd fiscal years, it can be time for talks about money. Both inside and outside of those meetings what you have been told can be confusing. You need to understand what your boss really means, not just what is said. Believe me, Ive spent enough time in corporate America, and enough time in human resource jobs, to know the difference. This stuff applies whether you work for a massive multinational like Google , or General Motors GM...
  • McDonalds Announces Its Answer to $15 an Hour Minimum Wage Touch-Screen Cashiers

    06/16/2015 10:29:46 AM PDT · by QT3.14 · 73 replies
    Gateway Pundit ^ | June 15, 2015 | Jim Hoft
    This is exactly what the left pushed for Fast food chains were never meant to be a place for someone to raise a family of 6, they were to be part time positions with some full-time advancements. Mostly the fast food restaurants were for school aged kids to learn how to interact with people, with a job, to offer spending money, and to begin responsibility learning for their future.
  • Remember what Obama, Pelosi & the DNC said about Gap agreeing to #RaiseTheWage?

    06/15/2015 7:15:33 PM PDT · by SoFloFreeper · 13 replies
    ...Not all that long ago, Gap, Inc. was among the retailers the White House praised for participating in their #RaiseTheWage push:...Obama even visited a Gap store in March of last year to thank them for doing as Democrats instructed.....Lets check out how thats coming along just over a year later:
  • What You Need to Know About the Initiative to Repeal Prevailing Wage in Michigan

    06/09/2015 8:05:54 AM PDT · by MichCapCon · 6 replies
    Michigan Capitol Confidential ^ | 6/5/2015 | Jack McHugh
    As part of the negotiations to get Proposal 1 on the May 5 ballot, Gov. Rick Snyder reportedly promised to veto a potential repeal of the state's prevailing wage law. This law prohibits awarding government construction contracts to the lowest bidder, unless the contractor pays the equivalent of union wages that often exceed market rates. Studies have shown that this adds hundreds of millions of dollars annually to the cost of government infrastructure projects, including school construction and road repairs. Snyder has not denied those reports, and even though voters turned down the proposed sales tax hike in May, there...
  • Vague Scope of Fast Food Wage Board Suits Union Interests the Most

    06/08/2015 9:33:58 AM PDT · by Kaslin · 11 replies ^ | June 8, 2015 | Ashley Pratte
    As New York Governor Anthony Cuomo fast-tracks his arbitrary wage increase targeting the state’s fast food industry, scarce attention has been given to the actual language in the proposal. Cuomo, of course, hastily created the Fast Food Wage Board soon after an error-ridden op-ed appeared in the New York Times. The non-legislative board held its first meeting last week as it determines an "adequate" wage for fast food workers in the Empire State. Acting Labor Commissioner Mario Musolino, who is overseeing the three-member kangaroo court, set forth a definition to guide its efforts. Musolino has said that “fast food chains”...
  • Obama set to use sneaky administrative maneuver to force huge wage increase

    06/08/2015 10:51:53 AM PDT · by Sean_Anthony · 14 replies
    Canada Free Press ^ | 06/08/15 | Dan Calabrese
    The overlord of overtime. Obama set to use sneaky administrative maneuver to force huge wage increaseHis cheerleaders at the worst web site in the world call it the most ambitious government intervention on wages in a decade, and since this is the Obama Administration were talking about, you surely wont be surprised to know its happening without any involvement from Congress. Barack Obama isnt going to get Congress to pass a statutory increase in the minimum wage, but hes very skilled at finding ways to push executive authority to the legal limit - or beyond - to accomplish goals he...
  • Scott Walker On The Dana Show 5-22-15

    05/22/2015 12:56:54 PM PDT · by Cincinatus' Wife · 1 replies
    FM News Talk ^ | May 22, 2015 | Dana
    29:00 [click on picture then click on red dot to listen]
  • Pending $15 minimum wage forces Seattle pizza shop to close

    05/22/2015 8:37:03 PM PDT · by grundle · 62 replies
    KPLC ^ | April 29, 2015
    A pizza shop owner in Seattle says the city's new minimum wage law is forcing her to close her doors. The new law says businesses have six years to phase into giving employees $15 an hour. Devin Jeran was happy to get a raise when Seattle's minimum wage went up to $11 an hour at the beginning of the month. I definitely recognize that having more money is important, especially in a city as expensive as this one, he said. He'll only enjoy that bigger paycheck for a few more months. In August, his boss is shutting down Z Pizza,...
  • The Living Wage Diaspora

    05/22/2015 8:46:04 AM PDT · by Academiadotorg · 1 replies
    Accuracy in Academia ^ | May 22, 2015 | Malcolm A. Kline
    Believe it or not there is actual evidence that illegal immigration does depress wages for the native-born but you are not likely to hear about it in the multitude of classes that touch on various diasporas. In studies at meat-packing plants, when illegal immigrants are taken out, wages went up, Professor Philip Cafaro pointed out in a panel discussion at the National Press Club last Thursday sponsored by the Center for Immigration Studies (CIS). Cafaro teaches philosophy at Colorado State University in Fort Collins. He has amassed a multitude of research on the subject, much of it on display in...