We All Do Better When We All Do Better

Wages, adjusted for inflation, would be twice what they are now, if workers had continued to share improvements in productivity.

A few days ago, economist Joseph Stiglitz said something quite provocative: “We’ve been shaping our society to create people who are more selfish.” The eye is drawn to the last part, “… create people who are more selfish.” My takeaway message is at the beginning, “We’ve been shaping our society … .” In the same [...]

Yakima Herald: Minimum wage increase comes with its own price

Chelsea Long, an 18-year-old student who works 30-25 hours per week, questions how much difference an increase in the mininum wage will make after considering the rising cost of food and higher gas prices.  PHOTO: Andy Sawyer/Yakima Herald-Republic

From the Yakima Herald | By Mai Hoang Employees say raise eaten up by higher costs for fuel, food; employers say it forces them to cut back on hours. Cesar Covarrubias has been paying about $5 to $10 more for his groceries lately. As a result, Covarrubias, 20, sees a lot less of the $10 [...]

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