Americans work longer and harder than our peers in almost every industrial nation.
On average Americans are working 1800 hours per year, beating out Germany, France, Denmark, Ireland, Sweden, Spain, United Kingdom, Australia and Finland. According to The International Labour Organization American released a report stating that “workers in the United States on average produce $63,885 of wealth annually; compared to other industrialized countries of Europe, only Norway’s workers produce more wealth per hour ($37.99 in U.S. dollars) than do American workers ($35.63.)” Continue reading “Work, Productivity, Play and Compensation in America”
Today’s minimum wages are a far cry of what it actually takes to survive.
Last Thursday, thousands of fast food workers staged a strike in 50 cities across the country to draw attention to corporate wage gaps. Fast food workers are demanding $15 hourly wages; currently, the federal minimum wage is $7.25 an hour. Perhaps it is easy for profit-hungry corporations to forget, but low-wage workers are human beings; anyone working full-time should be able to make enough to live.
Community Rally Hits One Consistent Message: Get Rid of Ed Demarco
Fred and Sophia Patterson have a mortgage that was bought from Bank of America by Freddie Mac. When Mr. Patterson had his identity stolen, he lost everything, and asked for some assistance. The Pattersons accepted a temporary loan modification and continued to pay the adjusted monthly amount, Continue reading “The Housing Crisis in Pueblo, Colorado”
This report shares the findings of a survey of Maine small businesses, focusing on their experiences with credit and their reactions to one current proposal to support small business and economic growth: the creation of a state bank. This report contributes to the discussion of such a proposal by sharing the perspectives of Maine’s Main Street small businesses.
In their universe, the financial meltdown was beyond their power to stop. The recession that left more than 1/10th of the American workforce unemployed is a shame they had little to do with. The massive government bailout of the financial system was an opportunity to make a tidy profit so that you could give your executive hefty bonuses. And the budget deficit that was catapulted to its current highs because of the recession proves that the government has gotten too big. Continue reading “Big Banks Must Step Up to Address the Revenue Crisis”
This report shares the findings of a survey of Washington small businesses, focusing on their experiences with credit and their reactions to one current proposal to support small business and economic growth: the creation of a state bank. This report contributes to the discussion of such a proposal by sharing the perspectives of Washington’s Main Street small businesses.