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View Diary: Social Security by the Numbers (73 comments)

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  •  At that point (0+ / 0-)

    we're talking about such a small portion of the population to become irrelevant.

    Only 4 percent of workers earn the minimum wage. Also, one of the myths about the minimum wage which discredits the living wage movement is that many of the people working at or near minimum wage are not breadwinners, but teenagers and college students working part-time.

    In 2010, according to the Bureau of Labor Statistics, 4.4 million American workers were paid at the federal minimum wage or lower (some jobs are exempt). More than half of those workers are younger than 25, which means they’re likely teenagers and college students with part-time and summer jobs during school. Minimum-wage earners are a relative small slice of the American economy: of all workers who are paid by the hour, only 4 percent make minimum wage or less.

    Again, everyone from the left-leaning CBPP to the nonpartisan CBO , to the right-leaning Tax Foundation says that payroll taxes are paid economically from the employee.

    Throughout my entire public career I have followed the personal philosophy that I am a free man, an American, a public servant, and a member of my party, in that order always and only." -- LBJ

    by moderatemajority on Sun Mar 31, 2013 at 12:21:26 PM PDT

    [ Parent ]

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