Super Lawyers
William C. Altreuter

Thursday, September 18, 2014

I am often struck by how often the policies proposed by the Right are not only wrong, but demonstrably, historically wrong. This is true pretty much across the board-- on foreign policy and on domestic policy. For example, the arguments against increasing the federal minimum wage are always the same, and never correct.
"Raising the minimum wage is not, by any stretch, a poverty panacea. Its knock-on economic effects are in fact complex, its redistributive aim less well targeted at the working poor than, say, the earned-income tax credit. But opponents who insist that a raised minimum wage only hurts low-wage earners by eliminating entry-level jobs—a popular conservative position today—often have a weak grasp of the lives of the people involved. In March, Representative Paul Ryan, attacking the proposed hike at a town-hall meeting, said, “The majority of these workers are younger people just getting into the workforce.” This is not so. According to the Economic Policy Institute, the average age of workers who would benefit from a higher minimum wage today is thirty-five. Eighty-eight per cent are over the age of twenty. “The typical worker who would be affected by an increase in the minimum wage to $10.10 per hour by 2015 looks nothing like the part-time, teen stereotype: She is in her early thirties, works full-time, and may have a family to support.” In last week’s issue, I wrote about fast-food workers who also look nothing like the stereotype, and who have begun fighting for an industry-wide raise and the right to unionize. Their present wages are hopelessly inadequate. One study showed that fifty-two per cent of fast-food workers are on some form of public assistance."
Put another way:
Them that's got shall have
Them that's not shall lose
So the Bible says and it still is news
Mama may have, Papa may have
But God bless the child that's got his own, that's got his own

Yes the strong get smart
While the weak ones fade
Empty pockets don't ever make the grade
Mama may have, Papa may have
But God bless the child that's got his own, that's got his own

Money, you've got lots of friends
They're crowding around your door
But when you're gone and spending ends
They don't come no more
Rich relations give crusts of bread and such
You can help yourself, but don't take too much
Mama may have, Papa may have
But God bless the child that's got his own, that's got his own

| Comments:
That is a good argument for the minimum wage increase but the Paul Ryans of the world don't want to hear it. I've been more interested in Elizabeth Warren's latest endeavor to get the interest rate on student loans reduced to anywhere near the interest rate that was given to the big banks during the TARP deals. Those interest rates on student loans are back breaking and unfair. Student loans are an absolute necessity for college students today- but are a good investment for the future of this country. I love Elizabeth Warren. Just finished her book, "A Fighting Chance" which Uncle Fred gave me for my Birthday. In her book she makes this argument for the lower interest rates. I like Hilary and will vote for her but I'll wish she was as open and courageous as Elizabeth. I just saw Hilary on Jon Stewart and she's brilliant and articulate but oh so slick.
Hillary voted for the war. She is my last choice (until the general. If she wins the nomination there is no question that she would be preferable to whatever hairball the Republicans cough up.

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