- Jan 24, 2015
- Reaction score
- Alta California, federalist.
Congress is delegated the social Power to fix Standards for the Union; minimum wage laws are one such Standard.The workers are not entitled to any share of the profits. That’s not broken it’s just not communist.Frontline workers at 13 of the 20 top U.S. retail companies saw an average pay increase of just $1.11 an hour, or 10%, a new analysis found.money.yahoo.com
Frontline workers at 13 of the 20 top U.S. retail companies — including Walmart, Amazon, Kroger, among others — saw an average pay increase of just $1.11 an hour, or 10%, a new analysis by the Brookings Institution found. At the same time, those companies' profits increased 39% year over year, while their stock prices went up by an average of 33%.
“Compared to the windfall profits we've seen at the very big companies, by and large, their workers have seen very little of that actual profits,” Molly Kinder, a fellow at Brookings and author of the report, told Yahoo Money. “This is on top of wages that are often so low, they’re poverty wages. And these jobs, of course, are terribly risky.”
What’s even more bizarre about this, to me, is that impoverished republican voters are okay with this. Big Business can do no wrong!