Posts Tagged ‘Obama’

minwage-avg

source

As Michael Reich and Ken Jacobs explain,

One measure of employers’ latitude to absorb higher wages compares the minimum wage to the median wage. From the 1960s into the 1970s, the minimum-median ratio in the United States varied between 41 and 55 percent. Since the mid-1980s, it has been much lower, varying between 33 and 39 percent. A minimum wage increase to $10.10 by 2016, as President Obama proposed earlier this year, would restore the national ratio to 50 percent.

min wage

Special mention

145886_600 Bors-19-03

wall-street-bonus-min-wage-cartoon-1024x673

Special mention

145723_600 145625_600

wuerker0307_605

Special mention

145397_600 145240_600

145243_600

145248_600 GOP Primaries

the-strip-slide-YX1Q-jumbo

Special mention

obamasocialist_590_396 collegeloans_590_356

Kchroniclessteve

Special mention

144881_600 and022614web-600x480

wuc140211_605

Special mention

144230_600 -1

fredgraph-government

The line in the chart measures total U.S. government employment as a percentage of total nonfarm employment.

As Mark Congloff explains,

If President Obama is a socialist dictator like some say he is, then he’s doing it wrong: The government sector has slashed jobs steadily since the recession, shrinking government payrolls to their lowest level in eight years.* At this rate, there won’t be enough people to run the FEMA camps.

 

*Even longer (more than 12 and a half years) if we look at government employment as a percentage of total nonfarm employment (which was last this low in April 2001).

 

Special mention

143886_600 karikatur für tribüne-erosion