Why Unions Want a Higher Minimum Wage February 25, 2013, 6:59 p.m. ET Labor contracts are often tied to the law—and it reduces the competition for lower-paying jobs. * By RICHARD BERMAN Organized labor's instantaneous support for President Obama's recent proposal to hike the minimum wage doesn't make much sense at first glance. The average private-sector union member—at least one who still has a job—earns $22 an hour according to the Bureau of Labor Statistics. That's a far cry from the current $7.25 per hour federal minimum wage, or the $9 per hour the president has proposed.
A huge controversy is taking place today over the president’s proposed and now partially in affect Economic Recovery and Middle-Class Relief Act, also known as the “stimulus bill.” Most Americans assume that this stimulus plan will facilitate a supply of various job opportunities, housing for the homeless, and insure healthcare coverage. However, it is the opinion of some, including my own, that the “stimulus” plan has not been well thought out enough to get us through this down fall in the economy. Jobs The President has said, “I think my initial measure of success is creating or saving 4 million jobs” (Obama's Success Story or Saving Jobs Made Easy). How exactly do you measure a job saved? There is no way to authenticate saved jobs, neither
They know how much money they have and where every penny of it is spent. They make a monthly or yearly budget or both. For the most part, they practice what they preach and pass these values onto their children. They save money and know what it takes to be able to retire comfortably. They don’t live lavish lifestyles.
In President Obama’s case he just makes money, re-opens failing businesses and spends more than we create or can pay back to china. I think a Economist should be our president and only economist, The presidents use facts from them and depend on them to make sure things are right. I don’t believe I can recall how many times both presidents said they got “analysis economists looked at”. I really don’t understand why they can’t go from deficit to surplus without causing chaos and make this economy a better place for
There are many reasons why we should support immigration reform such as: immigration is good for the economy, immigrants already pay taxes, everyone deserves equal rights, it strengthens families, and it can stop racial profiling. Many of us can say we are children of immigrants. Either our great grandparents, grandparents, or even parents came to America for a better life. Today, we find that immigration is not seen as a positive for our country, but rather it is unquestionably considered
The systems in this country like Welfare were intended to be temporary, or to help those who are unable to take care of themselves. To help people get on their feet. As the country ages it has become a source of income, or a crutch that is never removed. The welfare system (and similar systems) has been taken advantage of. Instead of reforming them, the populous that uses this “opportunity” has become so dependent on it that it isn’t enough and now our government is increasing these “opportunities” while America sits in the largest deficit it has ever been in.
In fact, some people argue that these people help in driving important parts of the economy because they willingly accept and undertake the tedious and physical types of manual chores that most Americans would much rather avoid. Such labor boasting long strenuous working hours and cheap wages are positively not on the top of any American’s criteria when searching for employment. Some also report that hose illegal’s that are paying their taxes pay greater amounts than the ordinary American does, and this increase in amount of revenue is beneficial to the nation’s budget use to help improve on such provisions of services like, quality healthcare and Medicare, even though the number of those paying taxes is significantly less than the undocumented evaders. For example, a 2006 report by the Texas Office of the Comptroller found that the state's estimated 1.4 million undocumented immigrants contributed more in state revenues than they cost in state services during fiscal year 2005. The net gain for the state was $424.7 million, according to the report.
You often hear foreigners quote that they want to come to America to live “the American Dream.” This “American Dream” refers to the opportunity to achieve upward economic mobility in America and obtain the “more” that many Americans (and foreigners) chase after. Europeans that lived in poverty in their country would risk their lives migrating to America for a better opportunity. Immigrants who do make it to America begin to live by the core American values that will push individuals towards achieving and obtaining “more”. America will not run out of “more” long as there is a chance and opportunity; one adapts the American core
Many people believe that the trickle-down theory is just an excuse to justify favoring the rich financially and the benefits keep going to those richer people. This may have begun with Reagan, mostly. But I think this problem did not just happen suddenly. This was something that started as a small justification for reasons the economy was looking horrible to the majority. But, it took years for us to create the mess America is now seeing with these theories in place.
If we continue along such a mislead path we will only bring about more pain. This view harbors too much misconception as many wealthy work hard to obtain their economic status without neither breaking legal laws nor moral ones. The matter at hand, which we need to work on, is not taking away, but how we can give more to the poor. How can we educate the poor people in America? How can we create jobs for the economically