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John B.[_3_] John B.[_3_] is offline
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Default Starvation Wages

On Tue, 10 Sep 2013 20:42:08 -0500, Ignoramus29430
wrote:

On 2013-09-10, 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

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

FYI

http://www.usatoday.com/story/money/...orest/2793343/
snip
The top 1% of earners in the U.S. pulled in 19.3% of total
household income in 2012, which is their biggest slice of
total income in more than 100 years, according to a an
analysis by economists at the University of California,
Berkeley and the Paris School of Economics at Oxford
University.

The richest Americans haven't claimed this large of a slice
of total wealth since 1927, when the group claimed 18.7%.
The analysis is based on data from Internal Revenue Service
data.
snip
In a separate analysis, Saez found the top 1% of earnings
posted 86% real income growth between 1993 and 2000.
Meanwhile, the real income growth of the bottom 99% of
earnings rose 6.6%.
snip



The divide is widening. The key is to be on the right side of this
divide.

i

But I wonder. Is it the proletariat getting poorer or the rich getting
richer?
--
Cheers,

John B.