You Are Browsing ' minimum wage ' Tag

By lucas@endneoliberalism On 4 Mar, 2013 At 07:09 PM | Categorized As Neoliberal Alert | With 0 Comments

Corporations have never had it better than under Obama’s administration, as they broke record profits on every consecutive year since the economic collapse of 2008. For the majority of people, however, wages have stagnated and the minimum wage remains at $7.25. This is because, as the New York Times reports, profitable companies are cutting jobs [...]