poverty

  1. S

    Minimum wage rates do not determine wage differentials.

    I claim to understand the logic of those sincerely contending a minimum wage rate should not be a federal matter, and I respectfully disagree with them. I have less or no respect for those stating USA's minimum wage rate laws are government control of wage rates. USA's federal and state minimum...
  2. S

    H.R. 582, “Raise the wage act”

    H.R. 582, “Raise the wage act” is a good bill, but opponents of the bill will refrain from mentioning the minimum hourly rate will not attain $15 until 7th year after the bill's passage. Its method for retaining the minimum rate's purchasing power is to monitor and annually (when necessary)...
  3. myp

    France's poverty trap?

    When welfare can remove the incentive to work. I think there are various shades of gray from the point where welfare helps to where it hurts. This might be an example of where it hurts. This is also where something like Milton Friedman's negative income tax would not run into this issue...
  4. S

    Minimum wage.

    Minimum wage. The minimum wage rate?s proportional affect upon a task?s wage scale is inversely related to the difference between the minimum rate and the wage scales amounts. Although the minimum rate affects ALL labor compensation, it?s of lesser importance to middle income earners and of...
  5. S

    How to Cut Child Poverty in Half.

    [FONT=Times New Roman]How to Cut Child Poverty in Half. [FONT=Times New Roman]Excerpted from NY Times, ?How to Cut Child Poverty in Half?, by Nancy Folbre, June 13, 2011. [COLOR=#0000ff]http://economix.blogs.nytimes.com/2011/06/13/how-to-cut-child-poverty-in-half ...
  6. 2

    Eradication of poverty

    When i wrote this piece initially it was not for this forum, but i decided to share it with you anyway. i was writing it with South African context in mind. I used black, not for race purposes or with the intention to discriminate, but just to paint a true picture of our country and...