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View Diary: Obama to Dilute Economic Messaging (19 comments)

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  •  If raising the minimum wage isn't addressing (7+ / 0-)

    income inequality, I don't know what is.

    What were you expecting--Obama in Zucotti going "Occupy Everything"?

    "You can't fix stupid" --Ron White -6.00, -5.18

    by zenbassoon on Sun Jul 06, 2014 at 10:48:15 AM PDT

    •  Then you don't know what is. Every study or bit... (0+ / 0-)

      Then you don't know what is.

      Every study or bit of reporting that shows how raising the minimum wage will not do anything to harm a company's profitability is effectively saying that raising the minimum wage will not do anything to the CEO pay. In the amount the wage is being raised is negligible as compared to that CEO pay. Therefore, raising the minimum wage without doing anything else is doing nothing about the issue of income inequality.

      It requires action at both ends of the scale to reduce the income inequality gap.

      •  What does CEO pay have to do with anything? (0+ / 0-)

        I don't understand here. If this is about getting more money into the pockets of the working class, what difference does it make what the CEO is making?

        Am I wrong in thinking if he could pay a living wage and keep himself rich, more power to him?

        •  Income inequality (1+ / 0-)
          Recommended by:
          RepublicansDemise

          Income inequality, working class income inequal as compared to.... To what? Why, CEO income of course.

          I don't want to know why you couldn't understand that.

          MLK Jr 7 days before being killed: "Maybe we just have to admit that the day of violence is here, and maybe we have to just give up and let violence take its course. The nation won't listen to our voice - maybe it'll heed the voice of violence."

          by JayFromPA on Sun Jul 06, 2014 at 11:10:03 PM PDT

          [ Parent ]

          •  And raising the minimum wage (0+ / 0-)

            and raising pay across the board takes care of that. What's your point?

            Income inequality happens when the rich get richer and the rest don't. If everyone's getting richer, who cares?

            •  Synchronous increase? (0+ / 0-)

              A rising tide lifts all boats, by the same amount? Is that what you are saying? Merely my choice of phrasing should point you to what is wrong with the idea.

              Income inequality points to the gap. The gap is not being addressed if the rich are being lifted by the same amount that the minimum wage is lifted - the gap would be remaining the same.

              MLK Jr 7 days before being killed: "Maybe we just have to admit that the day of violence is here, and maybe we have to just give up and let violence take its course. The nation won't listen to our voice - maybe it'll heed the voice of violence."

              by JayFromPA on Mon Jul 07, 2014 at 12:28:53 PM PDT

              [ Parent ]

        •  Concentrated wealth is concentrated power (1+ / 0-)
          Recommended by:
          rmx2630

          ... and concentrated power is inherently anti-democratic. "Wealth" is nothing more than a relative measure vs others.

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