Chicago eyes Hefty Hike To Minimum Wage ...
Posted: Fri Jul 25, 2014 12:06 pm
I doubt that any of us are from chicago, yet this is still a Topic to keep an eye onto.
http://politics.suntimes.com/article/ch ... 014-1034pm
... below is a quote from this link ...
“It’s a complex issue. I think people have been hurting,” Ald. Will Burns (4th), the panel’s co-chairman, said. “The Great Recession effectively wiped out a decade of income and wealth for most Americans, and if you look at workers with only a high school degree, their wages when indexed for inflation have not changed since the early 1970s.”
... I find this quote as Ironic. At age 54, I lived thru a True Recession, being 1980 thru 1984. That imo was a 'Great' Recession, with interest rates and unemployment near 20% across the board. Being rather young and unskilled at that time, Work for Many such as Myself was near impossible at the onset, yet relief was felt within a Very short time.
... uh, why is it, that the '80-'84 recession did Not effectively wipe out a decades of income and wealth ... perhaps we Appropriately and Properly addressed the underlying factors to correct the situation and ensure Prosperity afterward ???
... nah, couldn't be ... heck, I didn't have a nickel to my Name within that time, and Today I consider Myself as a Successful Homeowner ... then again, I Never worked for minimum wage, even throughout the Greatest Recession.
I do Not mean for My Statements to sound as Arrogant, yet I believe that this substantiates the lackluster degree of common sense that works against us All these days.
http://www.youtube.com/watch?v=1yeA_kHHLow
http://politics.suntimes.com/article/ch ... 014-1034pm
... below is a quote from this link ...
“It’s a complex issue. I think people have been hurting,” Ald. Will Burns (4th), the panel’s co-chairman, said. “The Great Recession effectively wiped out a decade of income and wealth for most Americans, and if you look at workers with only a high school degree, their wages when indexed for inflation have not changed since the early 1970s.”
... I find this quote as Ironic. At age 54, I lived thru a True Recession, being 1980 thru 1984. That imo was a 'Great' Recession, with interest rates and unemployment near 20% across the board. Being rather young and unskilled at that time, Work for Many such as Myself was near impossible at the onset, yet relief was felt within a Very short time.
... uh, why is it, that the '80-'84 recession did Not effectively wipe out a decades of income and wealth ... perhaps we Appropriately and Properly addressed the underlying factors to correct the situation and ensure Prosperity afterward ???
... nah, couldn't be ... heck, I didn't have a nickel to my Name within that time, and Today I consider Myself as a Successful Homeowner ... then again, I Never worked for minimum wage, even throughout the Greatest Recession.
I do Not mean for My Statements to sound as Arrogant, yet I believe that this substantiates the lackluster degree of common sense that works against us All these days.
http://www.youtube.com/watch?v=1yeA_kHHLow