Showing posts with label corporate. Show all posts
Showing posts with label corporate. Show all posts

Thursday, August 12, 2010

"The Result of Friedman Flat Earth Insane Economic Theory!"

Thomas Friedman's "Flat Earth Economy has sent our jobs to countries with cheaper labor costs.  The winners are a handful of trans national corporations that are taking advantage of all of us.  Seventy precent of our economy is consumer driven, how much can we buy if our wages are driven down to third world rates?

Wednesday, August 11, 2010

"Minimum wage too low for living!"


The federal minimum wage just isn't cutting it anymore.
The last wage increase in 1997 brought the wage to $5.15 per hour, a paltry sum for any individual, let alone a family. According to the Economic Policy Institute, in 2003 the average single mother earning minimum wage fell 5 percent below the poverty line earning only $14, 097 per year including government assistance. While $5.15 may have been adequate in 1997, inflation has rendered the minimum wage insufficient for many Americans.

"Americans working much harder – for less pay!"


Corporate Profits Are Up -- But Mass Layoffs Have Helped