In the same category

US Minimum Wage Compared to Other Countries

IMG Auteur
Published : August 19th, 2014
169 words - Reading time : less than a minute
( 2 votes, 3.5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : GoldWire

I think we can stipulate that these charts do not compare US minimum wages to some of the worst sweatshops of Asia and the Southern hemisphere.

These charts are from Tim Taylor at the Conversable Economist.

I am sure people will draw from them whatever they wish to support their own policy biases and pre-conclusions.

But the one thing we need to internalize is that the US is all about setting policies and enforcing laws to create and maintain a working underclass as a vulnerable food source for the predator class that is inimical to a modern democracy.

And people are becoming more aware of this now that a good portion of the former middle class is falling into that category. 

It is becoming undeniable that the political class are no longer listening to 'the people,' but to the richest and most powerful people and the organizations that support them and give them that power.

This is not 'capitalism.'  This is crony capitalism, and the deadly corruption of oligarchy.




<< Previous article
Rate : Average note :3.5 (2 votes)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.