Paul Krugman: Power and Paychecks
On Wednesday, McDonald’s — which has been facing demonstrations denouncing its low wages — announced that it would give workers a raise. The pay increase won’t, in itself, be a very big deal… Read more…
by onepercenttakers · Published · Updated
On Wednesday, McDonald’s — which has been facing demonstrations denouncing its low wages — announced that it would give workers a raise. The pay increase won’t, in itself, be a very big deal… Read more…
Tags: minimum wageworkers
by onepercenttakers · Published June 13, 2014 · Last modified August 10, 2014
by onepercenttakers · Published May 5, 2014 · Last modified November 27, 2015
by onepercenttakers · Published September 17, 2018
"Ronald Reagan's theory was really 'trickle down' economics...and renamed 'supply side.' Cut tax rates for the wealthy; everyone else will benefit. As Reagan's budget director David Stockman confided at the time, the supply-side rhetoric 'was always a Trojan horse to bring down the top rate.'" —The Gipper's Economy. To see how the Trickle Down Con was sold to the public click here.