Minimum wage
Jun. 8th, 2009 06:25 pmJust look at the two graphs on this link:
http://www.fivecentnickel.com/2008/07/25/the-federal-minimum-wage-looking-back-over-time/
And then here's a little "duh" moment:
http://www.reuters.com/article/newsOne/idUSTRE54R6YD20090528
It just doesn't seem right, or prudent, that a minimum wage job is under the poverty line for a family of three. It doesn't seem right that the minimum wage isn't tied to any financial index like, say, inflation. If the fate of our economy rests on the purchasing power of the individual, it seems prudent to make sure that working people can afford to live in this country. I was never a huge fan of trickle-down economics. I am more into grass-roots economics.
http://www.fivecentnickel.com/2008/07/25/the-federal-minimum-wage-looking-back-over-time/
And then here's a little "duh" moment:
http://www.reuters.com/article/newsOne/idUSTRE54R6YD20090528
It just doesn't seem right, or prudent, that a minimum wage job is under the poverty line for a family of three. It doesn't seem right that the minimum wage isn't tied to any financial index like, say, inflation. If the fate of our economy rests on the purchasing power of the individual, it seems prudent to make sure that working people can afford to live in this country. I was never a huge fan of trickle-down economics. I am more into grass-roots economics.
no subject
Date: 2009-06-09 04:26 pm (UTC)Also, I entirely agree with you.
no subject
Date: 2009-06-10 05:03 pm (UTC)no subject
Date: 2009-06-09 06:48 pm (UTC)What I always wonder is if the "lowly peons" can figure out this kind of stuff, WHY do the ones in charge not figure it out??!
no subject
Date: 2009-06-09 06:50 pm (UTC)no subject
Date: 2009-06-10 05:03 pm (UTC)no subject
Date: 2009-06-10 05:02 pm (UTC)