kiwiman127
Comfortably Moderate
That's rich: Poverty level under Obama breaks 50-year record
www.washingtontimes.com/.../obamas-rhetoric-o...
The Washington Times
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Jan 7, 2014 - That's rich: Poverty level under Obama breaks 50-year record ... A record 47 million Americans receive food stamps, about 13 million more than when he took office. ... History in the making: Watch an F-35C make its first aircraft carrier landing ... Boyer can be reached at [email protected]
Washington Times, no bias there!
Anyway, it's a cold hard fact that wages for the working class have been flat for four decades. Then there's the obscene amount of money flowing upwards due fantastic corporate profits, record productivity and the continuation of flat wage growth. Somebody is getting rich off the flat wages during a time of very good economic growth and counting on the government to makeup the difference for their workers with food stamps.
The GOP could have something about this issue, but even with 76% of the public being for raising the minimum wage, the GOP refused.
The very conservative Cato Institute recently stated that roughly 70% of the middleclassbenefits from minimum wage increases.
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