Thursday, July 3, 2014

The current minimum wage will buy $0.27 in pre-1965 currency. This is a clue. When you allow the Federal Reserve to trash money, all boats will sink.

  • The reason a soda jerk can't afford to raise a family today is because he is not getting paid $1.25/Hr. in silver quarters ( $18.00 today ). He is getting 27 cents. And no one will pay him more than $0.27/Hr. because they are soulless and greedy.

  • At this point, 53 percent of all wage earners in the United States make less than $30,000 a year.
  • The divide between the haves and have-nots is getting worse really, really fast. In 1980, the top 1 percent controlled about 8 percent of U.S. national income. The bottom 50 percent shared about 18 percent. Today the top 1 percent share about 20 percent; the bottom 50 percent, just 12 percent.
  •  During the last recession, the U.S. economy lost millions of middle class jobs.  But during this “recovery”, most of the jobs that have been “created” have been low paying jobs.
  •  Real unemployment already IS around 30%.  92 million not in labor force, plus 10 million official unemployed, equals over 102 million.  102 million out of over 300 million equals about 30 percent.  
  • In the west, job security means network affiliation; not satanic network = no real jobs for you.

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