Posted on 03/23/2022 5:53:45 PM PDT by blam
A new study reveals a shocking truth bomb that tens of millions of Americans are struggling to survive in Biden’s ‘Build Back Better’ economy as inflation tears apart working poor households.
Researchers from left-leaning Economic Policy Oxfam America, an anti-poverty advocacy group, published a study Tuesday titled “The crisis of low wages in the US” and found 31.9% of the US workforce, or about 51.9 million workers, are earning less than $15 an hour, equivalent to less than $31,200.
“It’s shameful that at a time when many US companies are boasting record profits, some of the hardest working people in this country — especially people who keep our economy and society functioning — are struggling to get by and falling behind,” Kaitlyn Henderson, the study’s author and senior research adviser at Oxfam America, told CNN.
Oxfam America points out soaring food, gasoline, and housing inflation has made it difficult for the working poor to survive on low wages. They advocate increasing the federal minimum wage to approximately $15 an hour, above the current $7.25 an hour, where it has been since 2009.
Even if Oxfam America were to get lawmakers on Capitol Hill on board with their plan to increase wages, today’s impact of the biggest energy supply shock since the 1970s has pushed nominal wages higher, though, on a real – or inflation-adjusted basis – earnings have failed to keep up with inflation.
The Biden administration and ‘friendly’ economists have certainly shifted the blame for these stagflationary conditions on Putin’s invasion of Ukraine. However, much of the inflation was already at a four-decade high before the attack in late February.
Meanwhile, last week, the Marie Antoinettes at Bloomberg published an op-ed telling the vast majority of America’s working poor to give up driving and eat lentils to survive the inflation storm.
Professor: Americans Should Eat Lentils & Let Their Pets Die To Cope With Inflation
The Lear jet leftists expect to form the core of the global Inner Party. There they will continue to enjoy the finest foods and most advanced gadgets the world has to offer — while deciding your fate for you.
If you work very hard and show them your unwavering loyalty, you may be permitted to join the global Outer Party. You will be allowed occasional servings of meat - and air conditioning on a rationed basis.
The rest of us will eat lentils and swelter — for the good of the planet.
we ate them when I was po ass E-5
Thank you for your service.
These people need an electric car to make ends meet. And another COVID vaccine.
There’s nothing wrong with eating lentils. People have been known to literally give everything away for a bowl of lentil porridge.
as long as they don’t have to drive to work or anywhere else, EVER, they will be ok
When I was a kid, in the 60’s, there were a number of hungry old farmers in the area, and not many deer. Then for decades, there were few old farmers and too many deer. I think we may be heading into a period of deer scarcity again.
It’s a powder keg waiting to go off. Homeless. No rentals out there.
Lower income taxes to 1% and install a national sales tax. The 1% tax is used to calculate their yearly earnings(multiply times 100). Then take all sales taxes and divie it up amongst those that can prove they worked 2000 hours in the past year. The result is a minimum income. Eliminate entire departments and GIVE the savings up in this pool for 2 years. If ones ‘rebate’ is substantial enough then watch them call for smaller government.
Yearly congressional sessions can debate what the minimum should be.
The first time I ever heard of lentils was in an episode of The Young Ones, from circa 1980. They were starving students in London.
Lentils, cricket paste and mealworm cakes.
thanx.
Many people get higher paying job skills by just picking what they’re interested in learning at their local community college or adult school—- training programs galore in most states —
Progressivism: sucking so hard and mucking up so bad that $30K a year is now lining up for beans and Raman.
Also, I’d rather let progressives rot than stop feeding my cat.
Hah! Rick had to sit on the rickety chair! What a great show.
The reason that one third make less than $15 is because they have no damn skills! Cashier, burger flipper or fry jockey in fast food is unskilled labor that anyone can do. There are so many no skill jobs that the left is demanding a living wage for, these were never jobs meant to support a family or even pay for solo apartment living. These are jobs that used to be reserved for teens learning how to deal with customers and responsibility or college students to earn tuition. Then one day the socialists decided that people with no skills should earn what apprentices in skilled trades earned.
The fact is that lentils *canned or fresh) are pretty darn good for you.
I practically buy them by the case!
Lentils=cake Elitist b@st@rds.
Adding: lentil soup is delicious
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