posted on Apr, 28 2014 @ 12:01 PM
The Terrible Fear of Paying the Poor
They’re passing legislation forbidding towns and counties from raising the minimum wage in their jurisdictions. Republicans insist: no pay bump
for those raking in $15,080 a year! On the other side, however, there’s no amount of pay, perks, private jets, premium health plans and golden
parachutes that Republican politicians believe could possibly be too much for a CEO.
That Oracle CEO Larry Ellison took home $78,440,657 last year is completely reasonable in the minds of Republicans. That it would take a minimum wage
earner 5,201 years to earn what Larry took out of his company for one 365-day period is, according to Republican-think, a morally correct
That is why Republicans are working so hard to prevent Walmart and McDonald’s workers from earning more money while, at the same time, doing nothing
Time Warner Cable
CEO Rob Marcus for grabbing $79.9 million for six weeks of work.
Republicans don’t believe in paying a living wage to workers they disrespect, like the home health aides providing loving 24-hour care to the
frail grandmas of GOP politicians across this country, like the housekeepers who clean GOP presidential hopefuls’ hotel rooms as they campaign
across the nation, like the McDonald’s workers denied paid sick days who make extraordinary efforts not to cough on the fries that super-sized
Republicans stuff in their faces.
Republicans do believe, though, that the $31 million CVS hands CEO
Larry J. Merlo has no effect on the pharmacy’s prices, that the
$26 million Ralph Lauren hands its namesake CEO has no effect on
the heart-stopping prices he charges for his foreign sweatshop-sewn clothes, and that the
$31 million Estee Lauder grants CEO Fabrizio Freda has no effect
on the eye-popping prices Lauder charges for its powder and perfume.
The GOP believes CEOs deserve to pocket in one year what it would take the average worker 331 years of labor to earn – a
ratio calculated by the AFL-CIO Executive Paywatch team this year. CEOs are just so
important, so special, so irreplaceable, according to the GOP.
They’re so much better than the heart surgeon who spends all day every day meticulously saving people’s lives. They’re 331 times as important as
the firemen who rush into a burning home to save a woman’s life. They’re 331 time more valuable than the policemen and paramedics who ran toward
the sound of an explosion a year ago in Boston to rescue bomb victims. To Republicans, those CEOs are 331 times more precious than the teacher who
nurtures the shy child, encourages the faltering student or refuses to abandon the recalcitrant pupil.
I hope all members will actually look at the embedded links.
Think about how much CEOs are getting paid, and how many hours most of us Schmoes would have to work to reach that level.
I'm not talking about people making $500k, not even about people earning double that. I'm talking about the TRAVESTY of the disparity between the
workers who do the labor, and the CEOs who push pencils around and count cyber-beans...
it's abhorrent. NO ONE needs $29 MILLION per year. No one. Money should be trickling down to employees, but it isn't.
Now that 'money' is considered 'SPEECH' (according to the disastrous ruling of the SCOTUS recently), the hard-working Americans' 'dream' has been
destroyed. It's become a nightmare.
How any regular person could justify the obscene wealth that these very few people earn, while $250 BILLION - with a B - and 'capital' ILLION - goes
to corporate welfare, and 'too big to fail' policies lead us toward monopolies again, is beyond me. This entire system needs to be rethought.
There is a wealthy Conservative businessman in California (Silicone Valley) named Ron Unz who is/was pushing for a raise TO $10.00/hour, not $10
MORE than what they're earning now.
Here. Read about it:
The current system amounts to a form of "corporate welfare," Unz said. Major chains like Walmart and McDonald's keep their employees' wages low,
knowing the government will provide them with food stamps and medical care to compensate for their low pay.
An October study co-authored by researchers at the UC Berkeley Labor Center found that 52 percent of the families of fast-food workers are enrolled in
one or more public assistance programs, compared with 25 percent of the workforce as a whole.
RON UNZ:Right now, $250 billion a year in social welfare spending goes to workers who can't survive on their paychecks. What we're talking about
is a massive system of hidden government subsidies for these low-wage employers where they can shift the costs of the workforce over to the taxpayer.
I think businesses should stand on their own two feet and have to pay their workers instead of forcing the taxpayers to make up the
Furthermore, the price rises we're talking about are very much smaller than most people would realize. Wal-Mart is America's largest low-wage
employer. Three hundred thousand Wal-Mart workers average about $9 an hour. All Wal-Mart would have to do to cover a $12 minimum wage is raise their
prices by 1.1 percent one time. The average Wal-Mart shopper would pay only an extra $12.50 per year. People wouldn't even notice the price
Today in California, the polls show overwhelming support for a large rise in the minimum wage, and the idea has now been endorsed by
multi-billionaires of the left, right, and center. Let’s hope that such potent combination of dollars and voter sentiment quickly produces enacted
legislation and causes the issue to permanently vanish from the political radar screen just as would be suggested by my
McDonald’s and fast-food places would probably have to raise their prices by 8 or 9 percent, something like that. Agricultural products that
are American-grown would go up by less than 2 percent on the grocery shelves. And those sorts of price increases are so small that they would be
almost unnoticed in most cases by the
I know this will rankle a lot of members here, but I want to know what you think about these facts. PLEASE read the articles and check the links if
you are unfamiliar with these arguments.
And then, let's discuss it. Cool? I started a thread the other day about how to overhaul campaign finance, but no one was interested.
Why not? Is it not a problem?
edit on 4/28/2014 by BuzzyWigs because: (no reason given)