Submitted by Michael Snyder via The Economic Collapse blog,
At this time of the year, millions of Americans are rushing to file their taxes at the last minute, and we are once again reminded just how nightmarish our system of taxation has become.
The following tweet by Eurofaultlines is the best, and most concise, summary of the recent "improvement" in nonfarm payrolls.
That, for all non-fiction peddlers, is all you need to know.
It has been a dangerous time for minimum wage waiters and bartenders. While on one hand, never in the history of the US has there been more "food and eating place" workers, and soaring with every month - if only in the BLS' in house statistical models to compensate for the manufacturing recession the US finds itself in...
... on the other hand, their corporate employers, alarmed by the recent spread of minimum wage hikes have been taking measures such as these:
Submitted by Lance Roberts via RealInvestmentAdvice.com,
What’s the big “hub-bub” over raising the minimum wage to $15/hr? After all, the last time the minimum wage was raised was in 2009. The argument for increasing the minimum is to create a “livable wage” for those working at that level.
As we discussed previously states such as California are saying to hell with economics in their efforts to appease their voting base. Yesterday, both New York and California signed legislation to raise the minimum wage to $15 an hour. New York will phase in the $6 an hour increase over three years, and California will phase in their $5 an hour increase over the next six years.
http://www.sacbee.com/news/politics-government/capitol-alert/article69850382.html/video-embed