Comedian Jimmy Dore gives a mini-lesson on demand-side economics. Spoiler: When wages go up, everyone is a winner…
Covered This Week… As labor unions have declined, the top 10% has gotten more wealthy. A proposed ballot initiative to raise the minimum wage to $15 in Washington D.C. American-raised chicken is being processed in China. The middle class has been shrinking for 4 decades. A wave of […]
Former Republican Senator Alan Simpson (R-WY, 1979 to 1997) has become older and wiser. He now advocates the $15 minimum wage. Should we be impressed? Jimmy Dore and friends have a lively discussion about Simpson’s near “deathbed conversion.”
The easiest and quickest way to boost the economy is to increase the minimum wage. A higher minimum wage upgrades the pay scale for most working people. When lower and middle-wage earners have more money to spend, they buy things. This in turn, spurs an economy that is based on selling products and services. Money…
Hang in there Progressives, while 2015 was a tumultuous year, there were also significant progressive gains. Keep fighting the good fight in 2016. Happy New Year! Reasons to Celebrate: Key Progressive Gains in 2015 (Link) As the year draws to a close, it’s worth noting a handful of progressive […]
David Pakman explores an idea for adjusting the minimum wage by making it relative to the maximum wage in a company. “For example, if the highest earner in a company earned two million dollars a year, then the lowest full-time earner for that company may earn no less […]
Be prepared to make an informed vote in the election booth and/or contact your representatives. This week’s highlighted issues: Iran nuclear deal, campaign finance reform, paid parental leave, the minimum wage, and racial justice.
Does Paying Workers More Hurt Business? A Complete Guide to the Minimum Wage. “you have a mass of competing forces set off by the minimum wage — some pushing employment up, and some down. That’s why a 2009 meta-study — a study of 64 other studies — found […]