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jon_banquer[_2_] jon_banquer[_2_] is offline
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Default Starvation Wages

On Saturday, August 31, 2013 5:48:13 PM UTC-7, F. George McDuffee wrote:
On Thu, 29 Aug 2013 06:59:21 -0700 (PDT), jon_banquer

wrote:



"Nearly two-thirds of all the new jobs created since 2009 pay less than $13.80 an hour."




http://www.youtube.com/watch?v=HEj-S...ature=youtu.be




========================



If you have been following this thread, the following should

be of interest:



http://www.economicpopulist.org/cont...ors_picks=true

snip

Corporate profits per unit also set a record. That's not

due to increased prices and because this is profits per

unit, it's not an increase in sales volume. Nope,

corporations are making out like bandits because they are

squeezing workers and also cashing in on very low interest

rates.

snip



http://www.pbs.org/newshour/business...destiny-w.html

snip

The recent release of a new economic mobility study that

was featured on PBS NewsHour brings much-needed evidence on

the difficulty of getting ahead in the United States.



The study is important not just because it suggests how

limited opportunities for mobility are in the United States.

What's new is the finding that the neighborhoods in which

children grow up affect their opportunities for mobility.

The study suggests that poor children who grow up in

communities like Detroit that don't provide income

supplements for poor working families are less likely to

escape poverty than those who grow up in places like San

Jose in which relatively generous supplements are provided.

It's difficult to get ahead, in other words, if one is so

unlucky as to be born into an ungenerous community.

snip


I'm following along and I'm reading your links now.