Taking Back America

…one post at a time

Tag Archives: Minimum Wage

America 1956 vs. America 2016

From End of the American Dream
By Michael Snyder, on April 5th, 2016

Once-Upon-A-Time-Facebook-460x460

Is America a better place today than it was back in 1956?  Of course many Americans living right now couldn’t even imagine a world without cell phones, Facebook or cable television, but was life really so bad back then?  60 years ago, families would actually spend time on their front porches and people would actually have dinner with their neighbors.  60 years ago, cars were still cars, football was still football and it still meant something to be an American.  In our country today, it is considered odd to greet someone as they are walking down the street, and if someone tries to be helpful it is usually because they want something from you.  But things were very different in the middle of the last century.  Men aspired to be gentlemen and women aspired to be ladies, and nobody had ever heard of  “bling”, “sexting” or “twerking”.  Of course life was far from perfect, but people actually had standards and they tried to live up to them.
 
Read more of this post

Advertisements

100 Highest Paid CEOs – 2014

From AFL-CIO

CEO pay and greed

Ticker Company CEO Name Year Compensation ($)
DISCA Discovery Communications, Inc. David M. Zaslav 2014 $156,077,912
GBL Gamco Investors, Inc. Et Al Mario J. Gabelli 2014 $88,518,411
MSFT Microsoft Corp Satya Nadella 2014 $84,308,755
ORCL Oracle Corp Lawrence J. Ellison 2014 $67,261,251
LGF Lions Gate Entertainment Corp Jon Feltheimer 2014 $63,601,493
BAS Basic Energy Services Inc T.M. (Roe) Patterson 2014 $62,863,840
QCOM Qualcomm Inc Steven M. Mollenkopf 2014 $60,740,592
CBS CBS Corp Leslie Moonves 2014 $57,175,645
S Sprint Corp Daniel R. Hesse 2013 $47,077,699
DIS Walt Disney Co Robert A. Iger 2014 $46,497,018
VIAB Viacom Inc. Philippe P. Dauman 2014 $44,334,858
MBI MBIA Inc Joseph W. Brown 2014 $43,602,334
YHOO Yahoo Inc Marissa A. Mayer 2014 $42,083,508

Continue reading

 

Layoffs 2016

meme

Avon Products moving to the U.K., shedding 2,500 jobs
Avon Products, the maker of cosmetics and beauty products, said Monday that it is moving its operational headquarters from New York to the United Kingdom and will shed 2,500 jobs.


Read more of this post

In One Cartoon Strip, Everything You Need to Know about the Minimum Wage

Every so often, I see visuals that do a great job of illustrating various economic principles. This Wizard-of-Id parody contains a lot of insight about labor economics. As does this Chuck Asay cart…

Source: In One Cartoon Strip, Everything You Need to Know about the Minimum Wage

I’ve been homeless 3 times. The problem isn’t drugs or mental illness — it’s poverty.

From Vox
By Veronica Harnish on March 8, 2016

homeless

In 2010, more than a third of all working adults with jobs that did not pay a living wage had at least some college education or a degree.

At a late January Bernie Sanders rally in Iowa, 46-year-old Carrie Aldrich described through tears what it was like struggling to survive on less than $12,000 a year. I watched and shook my head knowingly, having survived on $8,000 each of the past two years. Such low income, combined with a perfect storm of unaffordable rent, incompatible roommates, non-living wages, and an inability to find full-time work, resulted in three bouts of homelessness that forced me to live in my car. And in a few days, it will happen a fourth time for the same reasons.

Read more of this post

Be An Informed Voter [and don’t vote for Clinton]

Job = Just Over Broke

From The Economic Collapse
By Michael Snyder, on August 12th, 2014
 
Jobs - Public Domain
 
If you are fortunate enough to have a job in America today, the phrase “just over broke” probably describes you.  Yes, there are a handful of jobs that certainly pay very well, but most Americans that work for somebody else are just barely making it from month to month.  More than half of all working Americans are living paycheck to paycheck, and more than half of all working Americans make less than $30,000 a year.  That is an amazing statistic but it is actually true.  Once upon a time, anyone that was responsible and that was willing to work hard could get a good job in America.  But now those days are long gone.  Instead, we live at a time when good jobs are disappearing and when the middle class is getting smaller with each passing year.  In some homes, the husband and the wife are both working multiple jobs and they can still barely pay their bills.  Something has gone horribly wrong, and yet our leaders just keep telling us how wonderful our economy is.
 
Read more of this post

HHS Report: Percentage of Americans on Welfare Hits Recorded High

From CNS News
July 8, 2014 – 12:19 PM    |     By Terence P. Jeffrey
 


 

EBT Cards
(AP Photo/Rich Pedroncelli)

(CNSNews.com) – According to the 2014 version of a report that the Department of Health and Human Services is required by law to issue annually, the percentage of Americans on welfare in 2011 was the highest yet calculated. The data for 2011 is the most recent in the report.

HHS has calculated the percentage of all persons in the United States who live in families that receive “welfare” going back to fiscal 1993. It has not calculated a percentage for years prior to that.

As defined in the report (“Welfare Indicators and Risk Factors”), a welfare recipient is any person living in a family where someone received benefits from any of just three programs—Temporary Assistance to Needy Families (formerly Aid to Families With Dependent Children), Supplemental Security Income, and the Supplemental Nutrition Assistance Program (or food stamps).
 
Read more of this post

Part-Time Nation

From FrontPage Mag
July 8, 2014 | By

Last Thursday, an Obama-centric mainstream media trumpeted the creation of 288,000 jobs and the reduction in the unemployment rate from 6.3 percent to 6.1 percent. Lost in the manufactured euphoria are the sobering details: America is well on its way to becoming a nation where millions of workers can only find part-time, lower-paying jobs.

Read more of this post