Tag Archives: Wages

We don’t need or want an underclass to look down on.

One of the ills of American capitalism is the growing concentration of wealth in the hands of a few. At this very moment, the gap between rich and poor has never been wider, and it is only growing. As we are unable to even broach the discussion of maximum wages, we frequently argue over raising the minimum wage. These conversations quickly turn to ad hominems … Continue reading We don’t need or want an underclass to look down on. »

Why is legislation to raise the minimum wage in Massachusetts stalling?

A bill that could increase the wages of 29% of workers in Massachusetts has sat in committee for almost a year. The legislation, which was filed by Senator Ken Donnelly of Arlington, now deceased, and Representative Dan Donahue of Worcester, would increase the state’s minimum wage by $1 a year until it is $15/hr in 2021. At that point, it would be indexed to the … Continue reading Why is legislation to raise the minimum wage in Massachusetts stalling? »

Does the new tax bill provide more incentives to give workers raises… or less?

Let’s talk about the incentives in the new tax bill for employers to raise workers pay. Here is a concrete example. Say I own a small bar where people come and drink beer after work.  Suppose I gross (on average) $1,000 per day in sales, the bartender gets paid $4,000 per month, I spend $10,000 per month on other fixed costs and $8,000 per month … Continue reading Does the new tax bill provide more incentives to give workers raises… or less? »

Abandoning America’s Workers, Starting at the Top

abandoning-americas-workers-starting-at-the-top

President Trump has nominated Hardee’s and Carl’s Jr. owner Andrew Puzder to lead the Department of Labor for the next four years. Should Congress approve or reject this nomination? A brief look at the functions of the Department of Labor and Puzder’s background supplies the obvious answer: Puzder cannot become the Secretary of Labor. Congress established the federal Department of Labor in 1912. The legislation … Continue reading Abandoning America’s Workers, Starting at the Top »