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Corporate Media Really Has It Out for the Idea of Paying People a Decent Minimum Wage


Business  (tags: wages, pay, income, workers, lies, falsehoods, minimum wage )

Freya
- 234 days ago - alternet.org
Despite abundant empirical evidence that raising the minimum wage doesn't lead to job loss, the idea that it does is an article of faith among right-wing economists, and all too often the media report their theological musings as fact.



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Comments

Darren W (218)
Tuesday March 28, 2017, 3:41 pm
Watch this and ponder the quote statistic:
Mark Blyth: "Global Trumpism" And The Revolt Against The Creditor Class

In 2015, Wall Street Bonuses, not regular compensation, bonuses, seven years after they were bailed out with the public purse, totaled $29.4 billion dollars.

Total compensation paid to every single person in this country who makes minimum wage totaled $14 billion. I'll stop there...
 

Kathleen M (231)
Tuesday March 28, 2017, 3:52 pm
S&N. Thx for sharing Freya.
 

Angelus S (125)
Tuesday March 28, 2017, 3:55 pm
The media and politicians have been lying about the job market since the mid-1990s. Most of America has been in a Depression GreatER than the Great Depression yet the people who CAN help won't.
 

Ed Site Issues V (196)
Wednesday March 29, 2017, 3:05 am
Noted, Thanks
 

pam w (139)
Wednesday March 29, 2017, 11:35 am
OLIGARCHY UBER ALLES!
 

Barb SiteIssues V (199)
Wednesday March 29, 2017, 12:18 pm
Noted, Thank you
 

Janet B (0)
Wednesday March 29, 2017, 1:55 pm
Thanks
 

Ruth R (250)
Wednesday March 29, 2017, 9:25 pm
Thank you for posting the article.
 

Colleen L (3)
Wednesday March 29, 2017, 11:08 pm
Thanks Freya
 

Margie FOURIE (152)
Thursday March 30, 2017, 2:08 am
Thanks
 

Janet B (0)
Thursday March 30, 2017, 1:31 pm
Thanks
 

Janet B (0)
Friday March 31, 2017, 3:03 pm
Thanks
 

Judy C (97)
Friday March 31, 2017, 11:53 pm
It's good that this author, Harold Meyerson, exposes this very sloppy journalism for what it is. It offers "evidence" to support an invalid point that actually contradicts it. It's important to keep a critical eye open when reading material that supports one's preconceptions, or in this case of a Right-wing article, doesn't actually even do that! It's hard to believe that such a piece even made it past the editor of the Financial Times.
 

Marco C (31)
Saturday April 1, 2017, 8:50 am
Don't you just love it. They want folks to work and then not pay a living wage or provide government subsidies to help them subsist. So, not even a government subsidy for their business model is enough.

What's left? Why not just come out with the truth and endorse and promote and bring back slavery.
 

Margie FOURIE (152)
Monday April 3, 2017, 2:28 am
Thanks again
 
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