This amazing video was captured by the folks at Liberal in Kentucky and our own founder at Hillbilly Report Jim Pence. Rand Paul believes the problem with our economy is that Americans are just paid too much and wages should be coming down:
Well, I got some sobering news for Rand Paul. The policies enacted by Republicans while crashing our economy and the countless outsourcing he supports have already driven wages down. Way down:
Core inflation is expected to remain low in 2010 as the country struggles to emerge from the deepest recession since the 1930s. Yet moderate price increases are small comfort for workers whose wages have lagged behind even slight inflation.
The 1.6% drop in average weekly earnings for non-supervisory workers was the worst annual performance since a 2.5% decline in 1990. Weekly earnings have fallen in five of the past seven years, underscoring the pressures American households were facing even before the recession began.
http://www.usatoday.com/...
So these wages need to come down even further to spur the economy in Paul's view?? Does Rand Paul not have enough common sense to know that prices seem to always rise while wages stagnate or fall? And what about his home state, the people he seeks to "represent" in Kentucky and the rest of the nation. What would happen to them if their wages fell as Rand Paul wants them to?? Well, many would be homeless:
According to Out of Reach 2010, the national average for two-bedroom FMR is $959 a month. Also, 74 percent of metropolitan renters live in areas where two full-time jobs at minimum wage still would not provide enough income to afford the two-bedroom FMR. For those earning minimum wage of $7.25 per hour, the annual income is only $15,080, and a household would have to work 102 hours each week to afford the nation’s average FMR for a two-bedroom home. There is no county in the United States in which a full-time minimum wage worker can afford even a one-bedroom apartment at the FMR.
In Kentucky, a family must earn $12.19 per hour or $25,352 a year to afford a modest rental home, while the average wage in Kentucky is $10.91. To afford Kentucky’s FMR at the average wage, a renter must work 45 hours per week, all year.
http://www.kyhousing.org/...
Rand Paul is so out of touch with reality as a Kentuckian it is embarrassing. Wages need to rise not only in Kentucky but all over America. Wage inequality is out of control and Corporate America has shown it will raise prices whether they raise wages or not. Instead of Paul's failed Corporate approach we need things like EFCA to empower workers to make higher wages and more benefits.
Rand Paul should keep talking though. Every time he does he shows the American people what the modern Republican Party really thinks about them.
Donate here to have a Kentucky Senator who will fight for higher, not lower wages:
http://www.actblue.com/...
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