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JEFF9K

(1,935 posts)
Mon Aug 26, 2013, 11:18 AM Aug 2013

REPUBLICAN-RULES CAPITALISM DOESN'T WORK


How much more proof do we need that “Republican-rules” capitalism doesn't work?

With Labor Day approaching, Robert Reich looks at the bad economy and the widening wealth gap.

“The good news this Labor Day: Jobs are returning. The bad news this Labor Day: Most of them pay lousy wages and low if non-existent benefits. ...

So if wages have flattened or declined for the bottom 60 percent, yet productivity has increased, where have the gains gone? Mostly, to corporations and the very rich.”


Reich calls for an increase in the minimum wage so that it's $10.50 - $15.00, depending on cost of living in a given area.

Republican arguments against the increase are shot down, as anyone who reads the whole article will see.

http://www.huffingtonpost.com/robert-reich/minimum-wage-increase_b_3816534.html
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