welfare vs wages

[bigrun]

Beautiful day here today..then lookout sunday..brrrr..

77°F today


Hi:33° sunday maybe freezing rain..


40's and 50's next week..

[jms62]

Don't forget to tip your nanny during this Holiday season.

http://gawker.com/mcdonalds-to-emplo...nni-1477877785

[bigrun]

Originally Posted by jms62

Don't forget to tip your nanny during this Holiday season.

http://gawker.com/mcdonalds-to-emplo...nni-1477877785

[Danzig]

are they supposed to sell their unwanted gifts to pay the au pair? or the dog walker?

nah, has to be the pool guy. by putting your food in smaller pieces, you'll eat less, so you can save money on meals. THAT'S for the au pair.

[bigrun]

5 companies paying Americans the least.

No surprise on 1 and 2..

Meanwhile, profits at many of the corporations that employ the most minimum-wage workers have risen. McDonald’s, Walmart and Target together employ several million Americans. While these companies’ profits have grown in recent years, most of their workers continue to earn low or minimum wages.

http://money.msn.com/investing/5-com...cans-the-least

[Danzig]

Originally Posted by bigrun

5 companies paying Americans the least.

No surprise on 1 and 2..



http://money.msn.com/investing/5-com...cans-the-least

see, they just can't afford to pay higher wages. higher profits obviously means they are unable to do more.

[Danzig]

and the best part....

'According to several groups, low- and minimum-wage workers are growing faster than any other group of earners.'


more college loan debt than ever. that extra education is paying off in spades.

http://peoplesworld.org/fast-food-gi...il-in-mctaxes/


http://billmoyers.com/2013/12/03/fas...es-on-ceo-pay/

Under the current tax code, corporations can deduct unlimited amounts of such “performance pay” from their federal income taxes. In other words, the more corporations pay their CEO, the lower their tax burden. Novak’s $94 million payout, for example, lowered YUM’s IRS bill by $33 million. Guess who makes up the difference?

Combined, these firms’ CEOs pocketed more than $183 million in fully deductible “performance pay” in 2011 and 2012, lowering their companies’ IRS bills by an estimated $64 million. To put that figure in perspective, it would be enough to cover the average cost of food stamps for 40,000 American families for a year. My new Institute for Policy Studies report calculates the cost to taxpayers of this “performance pay” loophole at all of the top six publicly held fast food chains — McDonald’s, Yum, Wendy’s, Burger King, Domino’s and Dunkin’ Brands


how absurd!

[dellinger63]

Originally Posted by bigrun

5 companies paying Americans the least.

No surprise on 1 and 2..

http://money.msn.com/investing/5-com...cans-the-least

As of 2012, an estimated 4.7% of hourly workers are paid at or below the federal minimum wage of $7.25 an hour.

I would think this would be great news when you consider 40% of jobs in the U.S. are salaried positions. That means the true percentage of American workers paid at or below minimum wage is 2.8%.

Imagine the bragging that would take place if say Obamacare was 97.2% successful?

[joeydb]

Originally Posted by dellinger63

I would think this would be great news when you consider 40% of jobs in the U.S. are salaried positions. That means the true percentage of American workers paid at or below minimum wage is 2.8%.

Imagine the bragging that would take place if say Obamacare was 97.2% successful?

Salaried and hourly workers are usually listed as opposites. I don't see how your calculation applies.