Income Inequality: Difference between revisions
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[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 minimum wage is a New Deal era policy established initially through the Fair Labor Standards Act, or FLSA, of 1938. The original bill set a wage floor, instituted a 44-hour work week, and protected children from prematurely entering the workforce. Since its inception, the FLSA has been amended multiple times, with added exemptions and expansions specifying which groups of workers are covered under different aspects of the law. | The minimum wage is a New Deal era policy established initially through the Fair Labor Standards Act, or FLSA, of 1938. The original bill set a wage floor, instituted a 44-hour work week, and protected children from prematurely entering the workforce. Since its inception, the FLSA has been amended multiple times, with added exemptions and expansions specifying which groups of workers are covered under different aspects of the law. | ||
=====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. | |||
