in Thom Hartmann here with the best to the
restive labor and economic news you need to know this according to the
Economic Policy Institute we need an economy that works for everyone not just the top one percent EP I
recently issued a new report on how those at the top have fared compared to
the rest of us over the last few decades but they found
proves that the system is Rick EPI report states states that
between 1979 and 2007 the top a one percent of taxpayers in
allstate’s captured in increasing share up the income and in
the years since the Great Recession the top one percent of the income in most
states once again grew faster than the incomes of the bottom 99 percent report shows that in all 50 states
income inequality has gotten worse and the
average worker has been shot out about our nation’s prosperity BB I
noted that unionization rates are lower than they’ve been since nineteen twenty 8 which means the most workers don’t
have the power to demand higher wages in fact the EPI reports that says the
federal minimum wage purchases fewer goods and services than it did in
nineteen sixty-eight there is no denying it those the top are
getting richer and the rest A’s aren’t even keeping up
in their conclusion EPI States in the next decade something must give
either america must accept the American dream is widespread economic I love widespread
economic mobility is dead or new policies must emerge that will
begin to restore broadly shared prosperity and a quote income inequality is finally
getting some long-overdue attention from our lawmakers but we need less talk and
more action make our economy work for the 99 percent the UAW isn’t giving up on workers in
chattanooga last friday the United Auto more were
Automobile Workers Union appealed to the National Labor Relations
Board UAW argues that the reason unionization vote at a Volkswagen plant
in Tennessee was unduly influenced by Republican
politicians in the days leading up to that vote
senator bob Corker and governor bill has long pressured workers to reject the union’s using
blatant lies and threatening to take away their
plants state tax incentives in their appeal to the NLRB the union
said that those imitation it intimidation tactics were a
blatant attempt to create an atmosphere of fear of harm to employees their jobs and the viability of their employer
labor law experts say that there’s little doubt that these tactics had an
impact on the unionization efforts however overturning the boat is not
going to be easy US job market is slowly getting stronger
but the damage from the recession is far from being repaired since 2007 middle-class jobs in America
have been disappearing and they’re being replaced by more and
more low-wage work the Federal Reserve Bank of San
Francisco broke down the job numbers from the National Employment Law Project
to show how big his problem really is during the recession sixty percent of
job losses were so-called did wage occupations the pay
between 1383 in twenty one dollars in 13 cents
an hour however only 27 percent of the jobs
created during the recovery pace somewhere within that range since 2010 low pain I jobs have
dominated the recovery and fifty-eight percent of new jobs pay
less than thirteen dollars in 83 cents an hour middle-class jobs and simply disappeared
more americans are working in low-wage sectors like food service and retail some experts say that this shift is the
result of American jobs being shipped overseas other are others argue that the US
workers are simply getting paid less for the same work ever the reason middle-class jobs to be
disappearing faster since the recession we don’t reverse this trend income any
quality in our country it’s going to get ard only one-third of
people with intellectual disabilities are working according to a new survey
from the Special Olympics the employment rate of people with these
disabilities is about half battery the general population and those who are working maybe getting
shafted by their employers because a federal loophole in there a
labeler labor law that allows companies to a
disabled workers less than the minimum wage all that provision is supposed to help
such folks by work some companies and organizations
like goodwill Industries a disabled workers as little as 32 cents
and our considering that information it’s no
surprise that people with disabilities are three times more likely to live in
poverty although that does not mean it’s
acceptable some disabled workers will get a raise thanks to President Obama’s
reason executive order increase in the minimum wage for federal contractors all we must do more to address this
problem time for Congress to pass a bipartisan bill to close this
discriminatory loophole altogether all employees should be paid for their
work in shouldn’t be treated like slaves is a disability and finally for many americans the dream of home
ownership has become a fantasy but that won’t stop the finance industry
from cashing in bring the real estate magazine CA
refinanced finance world declining incomes have kept more US
families out afar housing market so the banksters
have begun securitizing the rental market or need osha bank
analyst harassed refund the rental house in
securities market will grow from five billion to $20 billion dollars by the
end of this year only early gamblers at Wall Street
created dangers neutering it is market but tenants are renting from baseless corporate
landlords who care more about making a profit and about caring rental property should
never underestimate the banksters ability to come up with
greedy new ways to gamble and that’s the way it is for the week of
February 24th 2014 I’m John Hartman on the economic and
labored on the in Co

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