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Facts like Bill Maher? How is anything he says a fact?
YOU are the one here whining about Walmart being "subsidized" by the taxpayer, but when I ask you how many would work there at such low wages without the subsidies, you never respond.
Are you in support of employees, who are paid so low they require government assistance, totally quitting their jobs and going completely on welfare, etc....?
Not necessarily producing revenue equal to what they are being paid.
The value of wages depends on how much one can produce. If one is being paid $9/hour, but can only produce at $8/hour rate in terms of revenue, then their wages are only worth $8/hour. At that rate, they would likely be fired, because there is no return on investment. A business owner could hire the next person in line who might bring in $2/hour over what they are being paid, in revenue.
You do know not all workers work at widget factories. How do you calculate how much money someone working a cash register produces?
Median Real disposable household income has been declining steadily over the long term since 2000 and that decline has accelerated since 2008, at a rate between 1-2% per year.
It is no coincidence that this is the same time period that the government started their massive welfare programs for Wall Street.
Your author is a moron on top of everything else.
As a result of the continuing corporate tax cuts since 2008 at all levels of government, Corporate After-Tax profits recovered even faster during the recent recession than did pre-tax corporate profits. From a 2008 low-point of $746 billion, in less than 18 months from the recession low, after tax profits rose to $1.454 trillion—i.e. a level of 47% higher than even their 2007 pre-recession record of $989 billion. In other words, after tax profits recovered twice as fast as pre-tax profits as a direct consequence of government business tax cutting during the recent recession.
What corporate tax cuts? Do you mind listing these for me?
If they earn it, it isn't a hand out, and that is called a merit raise. I used to get raises regularly when I was employed and paid hourly. I always worked hard so that when review time came along, I would be seen as worth an increase in pay. I always got a raise. Eventually, I was given a salaried position in the marketing department.
That's how it works.
Apparently Americans have not been working hard in the past three decades.
Quote:
if the minimum wage had kept pace with American productivity gains it would currently be $21.72 per hour.
You're going to pay for it either way via higher taxes or higher product/service prices.
And LOL at dumbasses that think you should be able to make a living working a fastfood job. If a pimply-faced 16yr old can do the job, you might want to aim a little higher if you're looking for a career paying a decent living wage.
What's one of the first things said to an unemployed person these days?
"McDonald's is hiring. "
Those jobs weren't " designed" to support a person, but that's the expectation nowadays.
You do realize those people are called working employees so pay checks aren't considered handouts.
When you pay an unskilled worker $15/hour to park cars it certainly is.
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