Target: poverty Number positively effected: 16,500,000 Number pushed above the poverty line: 900,000 900,000/16,500,000 = 5.45% In his State of the Union address President Obama said: “It’s easy to remember, $10.10”. One option for increasing the minimum wage is to increase the federally mandated minimum to $10.10 an hour. Tuesday, the Congressional Budget Office released […]
Archives
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“It’s easy to remember, $10.10”: The 5% Solution
19 Feb 2014
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Is Chocolate to Blame?
03 Feb 2014
The following was sent to my e-mail via Sojourners, a publication under the auspices of Jim Wallis. I find it very interesting that the writer blames “our love of chocolate” for the problem. The following paid, sponsored message from Walk Free was sent to you via Sojourners. Dear Marc, In the cocoa fields of the Ivory Coast, […]
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Minumum Wage / Living Wage
03 Feb 2014
In a post last Friday, January 31 “Bad Economics & Bad Theology: the Christian case for the minimum wage“, Professor Haymond pointed us to an article in The Week entitled: “The Christian case for raising the minimum wage” by Elizabeth Stocker. While Prof. Haymond promises commentary on Stocker’s article, I wanted to make a short […]
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The Minimum Wage and Poverty
31 Jan 2014
In Tuesday’s State of the Union address President Obama made some bold statements about the relationship of the minimum wage and the reduction of poverty (emphasis added). But Americans overwhelmingly agree that no one who works full-time should ever have to raise a family in poverty. … And as a chief executive, I intend to […]