On the Minimum Wage Hike

This little bit of thought from Paul Solman on PBS concerning the proposed minimum wage hike and what effect it might have on welfare. Aside from his answer, he also throws in some statistics about our current employment situation that is like a splash of cold water.

And get this: Social Security disability benefits have become so popular that since June of 2009, when the Great Recession was supposed to have officially ended and economic growth resumed, 4.7 million of us had enrolled in SSDI or SSI programs. By contrast, a mere 2.3 million jobs have been added over that same period.

This is well worth reading.

Read the rest.

468 ad

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>