When the U.S. Congress does nothing about the minimum wage, it cuts the minimum wage.
That statement may seem paradoxical, but it isn’t if you keep in mind the difference between nominal wages and real wages. The word “nominal” is just an adjective used to mean “the name of something,” and so a “nominal dollar” […]
May 2012 — before losing his congressional seat, Republican Bob Dold introduces seven bills that if passed would have directly benefitted the Dow Chemical corporation by eliminating import duties for substances Dow Chemical uses in the United States but produces on the cheap overseas with underpaid third-world workers. The bills, and the chemicals on which […]
Bubba Nation is a subsidiary of the autocratic oppression of workers in sweatshops in China. […]
A lot of information about the United States government hides in plain sight, shared in reports that few people know about and that the news media ignore (as they’re too busy covering the switch in directors for an Ant Man movie). Every spring, the federal government releases a report describing trends in its private contracting. […]
Hey, McDonald’s: See all those people walking on past your fast food restaurant? I’m joining them today. I’ll walk past the golden arches without going inside.
Why? Low pay is not okay.
I would pay more for food at McDonald’s if it meant that workers there could receive fair pay. As it is, McDonald’s […]
Jim Rogers says that you should “head for the hills”.
You probably haven’t heard of Jim Rogers before. Right wing prepper conspiracy theorist Mac Slavo thinks you need to know just two things about him in order to judge him as a credible source of advice:
1. He’s rich. 2. He’s been on television.
The Fair Minimum Wage Act before Congress (House|Senate) is a bill that would increase the minimum wage from its current $7.25/hour to $10.10/hour over the next two years. After that point, the minimum wage would automatically increase to keep pace with inflation — the tendency of currency to be worth less as time passes. I […]
GrowthHackers tweets us a storyline to tempt our fantasies of economic success: How To Turn $5 Into Your Dream Company.
You don’t have to visit their link to get the secret, though. It’s already common knowledge. Here’s how you do it:
Write the following note on the back of a $5 bill: “Dad, please give […]
The next time some silk-suited member of Congress takes to the airwaves to complain about mythical food stamp fraud sapping the federal budget, consider this:
Did you know that federal government tax dollars were being used to reimburse private corporations for the exorbitant pay packages they provided their corporate executives? The above data, provided […]