The story I tell to all who will listen is quite simple. In 2004, when my mother-in-law got a part-time job when President Bush was President, and we had 5% and less unemployment, she took a part-time job at Kohl’s for Christmas – they paid her $15.00 an hour. My 26 year old son now works in a country with 8.2% unemployment under Barack Hussein Obama (the new normal they call it) gets $13.50. Eight years later and earning $1.50/hr less in salary. When America is near full employment your salary is higher, and your ability to rise up to earn more is much greater. In this depression (this is no recession), any company anywhere can damn well pay you what want THEY want because there is someone always someone else to fill the slot. So for all of you who are being paid low wages who cannot sustain a family, blame the Keynesian economic model pushed on our country. The only economic model that has ever worked to raise up all people is free and unfettered capitalism. Not the crony capitalism that is practiced in Washington, DC whereby elected officials reward major corporations with our hard earned tax dollars, but true red, white and blue capitalism.
So if you want more of the malaise and the low pay and the raises that never come keep on keeping on with the Keynesian, or welcome home to Capitalism
A new study finds low-wage jobs, those that pay $12 an hour or less, have increased by more than 30% in 2011 as the number of available jobs in the country has decreased.
Women Employed and Action Now Institute commissioned the report, which found the percentage of employees “ages 18 to 64 working in low-wage jobs rose from 23.8 percent in 2011 to 31.2 percent last year.”
Here are some other findings from the study: the share of households in which a low-wage worker was the sole breadwinner rose from 45.7% to 56.7%, and low-wage workers who were 30 years of age or older rose from 54% in 2001 to 57.4% in 2011.
I have lived through 2 recessions, and those recessions always showed upward mobility on the horizon – this depression does not. Barack Hussein Obama’s depression only promises more of the same. I prefer to make more, I don’t go to work every day for pleasure I go for the cash, and have always joked (in all seriousness) with my managers, bosses that is exactly why I am there. They laugh and without fail say I deserve every penny they give me. When they make more, I make more because I work for American companies!