Income Inequality: Difference between revisions
From WikiDemocracy
Jump to navigationJump to search
No edit summary |
No edit summary |
||
| Line 50: | Line 50: | ||
[https://www.commondreams.org/opinion/make-minimum-wage-equitable by Jasmine Payne- Patterson 1/9/23 Common Dreams] | [https://www.commondreams.org/opinion/make-minimum-wage-equitable by Jasmine Payne- Patterson 1/9/23 Common Dreams] | ||
The concept behind the FLSA began in the 1930s as a response to the Great Depression, a time when about 25% of workers were unemployed, people lost their life savings due to bank failures, and many struggled to secure housing and food. In 1933, President Franklin Delano Roosevelt responded with the National Industrial Recovery Act (NIRA) and establishing the National Recovery Administration (NRA). | The concept behind the FLSA began in the 1930s as a response to the Great Depression, a time when about 25% of workers were unemployed, people lost their life savings due to bank failures, and many struggled to secure housing and food. In 1933, President Franklin Delano Roosevelt responded with the National Industrial Recovery Act (NIRA) and establishing the National Recovery Administration (NRA). | ||
=====More Job Outsourcing, More Income Inequality===== | |||
[https://www.citizen.org/article/more-job-outsourcing-more-income-inequality/ by PUBLICCITIZEN] | |||
Negotiated in secret with hundreds of industry advisors, corporate-driven trade deals like the North American Free Trade Agreement (NAFTA) include protections for corporations to outsource American jobs, pushing down wages for everyone in the U.S. After the 2000 U.S. trade deal with China, millions of middle-class jobs were outsourced. The result is lower wages for all of us, not just manufacturing workers. Contrary to the theory of free trade, broad losses in income caused by our trade policies outweigh the gains consumers get from cheaper imported products. | |||
