Elizabeth Warren asks, why hasn't minimum wage kept up with worker productivity?

[reformist2]

It is a beautiful question, because it leads people to see the truth: that the increased profits of the 1% over the past 30 years have come right out of the pockets of the middle and working classes. The financial press (official defenders of the 1%) are up in arms, but they have no defense. Their own statistics beg the question - if American workers are the most productive in the world, why is it they aren't sharing the wealth?

http://www.huffingtonpost.com/2013/03/18/elizabeth-warren-minimum-wage_n_2900984.html

[chervilant]

1. I fear for this brave woman.

We've seen what happens to our advocates, the ones who threaten big money. Ms Warren is putting the hedonists right in a tight corner...

[Demeter]

2. Two Words: Ronald Reagan

[reformist2]

3. No, the two words we should be maligning are "global capitalism."

[HughBeaumont]

4. 2 factors:

1) Corporations performed a "Great Risk Shift" in the 1980s. This in turn brought about not only the cementing/bolting in of Friedmanomics to America, but the scarcity of good paying jobs that comes with such a garbage system. With a dearth of jobs, people who had one were doing everything they could to not make waves and people who didn't went whole hog trying to find one, all the while blaming "LIB'RULS" like good little Reagan Democrats were trained to.

2) No Universal Health Care. People cannot take to the streets because health insurance ties them to their jobs. It's one of the biggest risks of living in The Friedmanomicon - something nearly every other industrialized nation's workers don't have to worry about.

[Scuba]

5. + 1,000

[Fumesucker]

6. Your #2 is rapidly changing with the rise of the sub 30 hour work week n/t

[reformist2]

7. Rush is trying to do damange control, but all he's failing.

All he can do is just declare it outrageous that the minimum wage should be $22 an hour. Then, with no logical segue whatsoever, he launches into the usual repug diatribe on why there should be NO minimum wage at all!

Wow.