Burrito Economics | The Smirking Chimp

Everyone ought to celebrate when those at the bottom get higher wages. The typical American worker hasn’t had a real raise in four decades. Income inequality is out of control. Wealth inequality is into the stratosphere (where Jeff Bezos is heading, apparently). If wages at the bottom rise because employers need to pay more to get the workers they need, that’s not a problem. It’s a victory. Instead of complaining about a so-called “labor shortage,” Republicans ought to be complaining about the shortage of jobs paying a living wage. But don’t hold your breath,

Source: Burrito Economics | The Smirking Chimp

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.