The United States is a low-wage country. (Here a chorus of Republicans pipes up: Yes, but it's the greatest low-wage country in the world, and don't you forget it!) In fact, in 2009 the United States led developed nations, with 24.8 percent of workers earning less than two-thirds of the median income. By comparison, the United Kingdom, Canada, Ireland and Germany all came in at between 20 and 21 percent of workers earning less than two-thirds of their respective median incomes.
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Republicans have been kvetching today about the fact that, as of Sunday, the U.S. will have the highest statutory corporate tax rate in the world following a scheduled cut in Japan’s corporate tax. “The United States is a world lead... Read Post
World grain reserves are so dangerously low that severe weather in the United States or other food-exporting countries could trigger a major hunger crisis next year, the United Nations has warned. [Guardian] Failing harvests in the ... Read Post
On June 4, 1912 — 100 years ago today — Massachusetts became the first state in the nation to pass a minimum wage law: Massachusetts led the nation when it passed the first state minimum wage law 100 years ago on June 4, 1912. [...]... Read Post