The Average American Worker Earns Less Today Than 40 Years Ago

 At $50,383, the figure is the lowest it’s been since 2006. It’s also $450 lower than in 2013. Women have seen bigger increases in real pay in the last few years, though from a lower (unequal) base. The median female worker earned $30,182 in 1973 (in 2014 dollars), but $39,621 last year.

As we explored in our income inequality series recently, technology, globalization, and reduced union bargaining power are all factors behind stagnating wages. The economy has been getting bigger, driven by continuing increases in productivity. But, for one reason or another, workers haven’t been sharing in those gains. But they’re not just disappearing: They’re making a small group of people very, very rich. What are we going to do about that?

http://www.fastcoexist.com/3051326/the-average-american-worker-earns-less-today-than-40-years-ago

AVERAGE AMERICAN WORKER EARNS LESS TODAY THAN 40 YEARS AGO

 At $50,383, the figure is the lowest it’s been since 2006. It’s also $450 lower than in 2013. Women have seen bigger increases in real pay in the last few years, though from a lower (unequal) base. The median female worker earned $30,182 in 1973 (in 2014 dollars), but $39,621 last year.

As we explored in our income inequality series recently, technology, globalization, and reduced union bargaining power are all factors behind stagnating wages. The economy has been getting bigger, driven bycontinuing increases in productivity. But, for one reason or another, workers haven’t been sharing in those gains. But they’re not just disappearing: They’re making a small group of people very, very rich. What are we going to do about that?

http://www.infowars.com/average-american-worker-earns-less-today-than-40-years-ago/

$2,883,250,000,000: FEDERAL TAXES SET RECORD THROUGH AUGUST; $19,346 PER WORKER

 That equaled approximately $19,346 for every person in the country who had either a full-time or part-time job in August.

It is also up about $198,425,330,000 in constant 2015 dollars from the $2,684,824,670,000 in revenue (in inflation-adjusted 2015 dollars) that the Treasury raked in during the first eleven months of fiscal 2014.

http://www.infowars.com/2883250000000-federal-taxes-set-record-through-august-19346-per-worker/

FAST FOOD WORKER REFUSES TO SERVE COP

 “I am offended and appalled that an individual within our community would treat a police officer in such a manner. It is unacceptable, and I will be contacting the Arby’s CEO to demand an apology,” Chief Dan Giustino, with the Pembroke Pines Police Department, said in a statement.

http://www.infowars.com/fast-food-worker-refuses-to-serve-cop/

ECONOMICS 102: WALMART CUTS WORKER HOURS AFTER HIKING MINIMUM WAGES

 And therein lies the problem. Projecting how these “experiments” might turn out isn’t difficult, which makes one wonder how policymakers and corporate management teams seem to get them wrong on a fairly consistent basis. Then again, when you live in a world governed by the principle that the cure for debt is still more debt, it’s easy to see why some still believe, despite all the evidence to the contrary, that you can have your cake and eat it too.

http://www.infowars.com/economics-102-walmart-cuts-worker-hours-after-hiking-minimum-wages/