General Discussion
In reply to the discussion: What I like to tell my RW friends regarding their "working HARDER to EARN a better wage" chestnut - [View all]dem in texas
(2,681 posts)I hate what has happened to our country these last 25 years or so. We are in another Gilded Age. It was protests, riots and unions that finally brought attention to the plight of the poorest people who were being abused by the richest, just like it is now. I think we are going to see more unrest, strikes and protests. The minimum wage is an outrage. If it was adjusted for inflation, it would be $10.50 to $11.00. Raising the minimum wage is a win-win, the money would immediately be pumped back into the economy. The only ones to suffer will be the super rich.
Remember the "trickle Down" theory, let the rich make profits and the money will trickle down to the lowest paid. When I first heard that, I always thought of many people trying to get a drink from one dripping faucet. Never enough water to trickle down for everyone.
We see how well the "trickle down" theory worked. The rich got rich, the poor and the middle class got poorer.