Don’t hold your breath about a minimum wage increase from $7.25 to $10.10 per hour. But even if it did happen, what would it really mean for a struggling American working -- or, formerly working -- class? Read below the fold...
Did you know that approximately $200 billion is grossed annually by the fast food industry?
Did you know that the average yearly salary of fast food employees in NYC is $11,000? Pretty small considering the City’s notorious sky-high rents and cost of living!
Did you know that $25,000 is the average DAILY salary of most fast food industry CEOs? (Over two times what the average NYC fast food worker makes in a year!)
Barry Grey of wsws has the grimmest but most reality-based analysis of Obama’s Tuesday night State of the Union message.
The speech was actually one of the most reactionary State of the Union addresses ever delivered. Obama placed his “blueprint” for the US economy within the framework of a chilling celebration of the American military and its criminal activities around the world. Among the achievements he cited were the occupations of Iraq and Afghanistan and the bombing of Libya and murder of Gaddafi. He spoke with particular pride of the extra-legal drone assassinations in Africa and the Middle East and concluded with a paean to the Navy SEALs who murdered Osama bin Laden.Read below the fold...
In a major speech today, AFL-CIO president Richard Trumka outlined a vision of what a true labor movement should be. Read the speech here:
We have listened hard, and what workers want is an independent labor movement that builds the power of working people—in the workplace and in political life.
Working people want a labor movement strong enough to help return balance to our economy, fairness to our tax system, security to our families and moral and economic standing to our nation. Our role is not to build the power of a political party or a candidate. It is to improve the lives of working families and strengthen our country.Read below the fold...