Wednesday, May 23, 2012
Sunday, May 13, 2012
Thursday, May 10, 2012
Hit on link below to read the article, "Mitt, the prep school sadist." http://www.salon.com/2012/05/10/mitt_the_prep_school_sadist/
Remember as appalling as was his behavior then, the fact he is lying about it now is even more pathetic.Character counts.
The federal minimum wage was first set in 1938, at 25 cents an hour. Here's a decade-by-decade look, starting in 1950, at the buying power of minimum wage
Often looked to as a model era, the 1950s may have been nearly as picture-perfect as "Leave it to Beaver" seemed to suggest -- minimum wage workers could pay rent for a month for less than a week and a half of full-time work -- or catch Disney's "Cinderella" for just over a half-hour of labor.
Minimum wage: $0.75 per hour
•Gas: $0.27 or 22 minutes
•Movie ticket: $0.48 or 38 minutes
•Rent: $42 or 56 hours
The beginning of the Reagan era marked the end of even the semi-feasibility of paying the median rent on a single minimum-wage income. A minimum-wage worker could still pay rent with just under two weeks of work (double the recommended ratio). Of course, if you lived in a more-affordable area, you'd be in better shape. In Mississippi, for example, you'd have to put in only 58 hours of work to pay the median rent.
Minimum wage: $3.10 per hour
•Gas: $1.25 or 24 minutes
•Movie ticket: $2.60 or 50 minutes
•Rent: $243 or 78 hours
Though the housing crash actually made rent more affordable, minimum-wage workers still had to put in 109 hours of work (or more than 60% of monthly income) in 2010. Of course, in cities like New York, the numbers are much higher. In 2010, the New York City-Northern New Jersey-Long Island area had a median gross rent of $1,125, which equals 155 hours of work. Basically, if you worked full-time, didn't eat, commute or pay utilities, and you gave nearly every penny to your landlord, you could just make it in the Big Apple.
Minimum wage: $7.25 per hour
•Gas: $2.78 or 23 minutes
•Movie ticket: $7.95 or 1 hour, 6 minutes
•Rent: $789 or 109 hours
And remember during the time that Congress allowed minimum wage to fall far below the poverty level they voted themselves dozens of raises totaling 10's of thousands of dollars. Those greedy pigs.
Saturday, May 5, 2012
Tuesday, May 1, 2012
Remember Romney's Record on Job Creation, it's the same as every other Republican,
5 Facts About The Massachusetts Economy Under Mitt Romney
By Travis Waldron on Jun 4, 2012 at 9:35 am
Republican Mitt Romney’s presidential campaign whipped out a new number over the weekend to dispute federal government data that ranked Massachusetts 47th in job creation during Romney’s time as governor there. Three separate campaign advisers used the Sunday morning news circuit to claim that the state was actually 30th in job growth in Romney’s final year in office.
Of course, moving the state to 30th would still mean it was in the bottom half of the nation, a fact that would seem to fit assertions from local experts that the state’s economy was “below average and often near the bottom” while Romney was governor. Here are five facts about the Massachusetts economy from Romney’s 2003-2007 tenure:
1) Its job growth was poor: Despite Romney’s professed expertise in creating jobs, Massachusetts ranked 47th in job growth during his time as governor. The state’s total job growth was just 0.9 percent, well behind other high-wage, high-skill economies in New York (2.7), California (4.7), and North Carolina (7.6). The national average, meanwhile, was better than 5 percent.
2) Its labor force declined: Only Louisiana, which was ravaged by Hurricane Katrina in 2005, saw a bigger decline in its labor force than Massachusetts during Romney’s tenure as governor. That decline largely explains the state’s decreasing unemployment rate (from 5.6 to 4.7 percent) while Romney was in office, according to Northeastern University economics professor Andrew Sum. At the same time, the nation as a whole added 8 million people to the labor force.
3) It lost manufacturing jobs at twice the national rate: Massachusetts lost 14 percent of its manufacturing jobs during Romney’s time in office, according to Sum. The loss was double the rate that the nation as a whole lost manufacturing jobs. In 2004, Romney vetoed legislation that would have banned companies doing business with the state from outsourcing jobs to other countries.
4) It was “below average,” “often near the bottom”: “There was not one measure where the state did well under his term in office. We were below average and often near the bottom,” Sum told the Washington Post in February. As a result, the state was more comparable to Rust Belt states like Illinois, Michigan, and Ohio than it was to other high-tech economies it typically competes with.
5) It piled on more debt than any state: Romney left Massachusetts residents with $10,504 in per capita bond debt, the highest of any state in the nation when he left office in 2007. The state ranked second in debt as a percentage of personal income. Romney regularly omits those statistics from his Massachusetts record, instead touting the fact that he balanced the state’s budget (he was constitutionally required to do so). He wouldn’t be much different as president: his proposed tax plan adds more than $10 trillion to the national debt.