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View Diary: Thoughts on the Minimum Wage: Evidence, Opposition, and Historical Context (23 comments)

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  •  WalMart execs are freaked at Feb sales (2+ / 0-)
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    aguadito, Calgacus

    according to this article in Business Insider. One WalMart exec wrote in an email that February sales are a "total disaster."

    Not that the geniuses running WalMart understand what the problem is. Rather than looking at how little millions of working Americans get paid, including the two million plus working in WalMart stores, the execs are blaming the expiration of the  payroll-tax break on Dec. 31. "For a person making $40,000 a year, that is about $15 a week." Umm, there's a lot of people making less than that, even.

    And let's note here the stunning news that The top 1% captured 121 percent of income gains since 2009. How is THAT possible? As a Naked Capitalism writer explained, " How did that happen? Incomes to the bottom 99% fell by 0.4%."

    That means income inequality is getting worse faster under Obama, than it did under Dubya.

    A conservative is a scab for the oligarchy.

    by NBBooks on Fri Feb 15, 2013 at 07:44:10 PM PST

    [ Parent ]

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