Archive for the 'income inequality' Category

The Forbes article brings up a very good point on whether the masses complain about income inequality. Sure, Obama talks about it, and even labels it as “the defining challenge of our time.” But is this really the case, when the average person is not speaking their mind on the topic? If there are more […]

In response to Jane Kaspervic’s article, I’ve known that waitress jobs are below minimum wage, but after tips, I thought that they were making more than minimum wage. However, this does not seem to be the case since there is income instability. Has it been considered to pay waiters and waitresses the same minimum wage […]

Hawkins article discusses the ins and outs of the wage battle, specifically in terms of who is demanding what. It discusses the states wage increase to $9 for 2016, De Blasio’s attempt to raise it even higher, and Obama’s historic attempt to make it $10.10. I found the mention of governor Cuomo interesting, the articles […]

From the readings and from our class discussions, there are certain motifs that arise when discussing income inequality, such as the reasoning that a higher minimum wage will remedy the situation, and that the middle class income has remained stagnant. Interestingly enough, what Goodman’s article brings to light is the fact that all of these […]

After reading yesterday’s articles, I was persuaded against increasing the minimum wage.  From all the statistics, it seemed to have no effect on the poor. Today’s articles also tackled issues on both sides of the spectrum. It was interesting to read about the impact of minimum wage on the restaurant industry since there are so many […]

Class 15: Living Wage – Myths and Realities Having read through the readings, I can’t help but find the work of Forbes’ John Goodman on the myths of income inequality to be the most interesting. Though by interesting, I do not mean that the reading is an enlightening piece of work, but rather it’s quite […]

The minimum wage debate continues for this class as the article examine the living wage and tipped income Americans. One article attempted to shed some light on common myths about income inequality. Overall, we see both sides of the debate have merit which is why this topic so heated. After last class, I was leaning […]

The minimum wage has been a fiercely debated issue, having numerous fallacies associated with it primarily due to political agendas that have wrongly skewed facts and misinformed the public. I really enjoyed reading the Forbes article “The Five Biggest Myths About Income Inequality” as it really dissected certain often-quoted statistics and provided a more accurate picture of income and […]

The issue of increasing the minimum wage has been at the forefront of economic issues both nationally and on the state level. From the political hoopla and noise that this dilemma always creates, it seems as if the debate is worthwhile and an increase would help numerous Americans across the United States. I personally have […]

There has always been an ongoing battle to raise the minimum wage and the living wage. As stated in the New York Times Article, raising the minimum wage “tends to be more popular with the general public.” Majority of people feel that raising the minimum or living wage will help the working poor and decrease […]

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