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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: Travis_Bickle who wrote (74093)7/24/2006 3:39:01 PM
From: SiouxPal  Read Replies (1) | Respond to of 362340
 
Where Is Robin Hood When You Need Him?

Editorial

 
The federal minimum wage hasn't budged in almost a decade. Gas prices at $3 a gallon are crushing the working poor. So what is Congress doing? It's working hard — not to raise the minimum wage for millions of the poorest working Americans, but to repeal or reduce the estate tax for a tiny sliver of America's wealthiest.

This seems perverse, unless you understand the corrosive influence of money in politics. Running for office requires hundreds of thousands of dollars, sometimes millions. This money comes from wealthy donors and business interests — the people most interested in scrapping the inheritance tax and keeping wages low. Minimum-wage earners, meanwhile, don't make big campaign contributions or underwrite junkets, and they don't have as loud a voice on Capitol Hill.

At a time when the gap between rich and poor is widening, the skewed economic priorities of the Republican-controlled Congress are increasingly indefensible.

The federal minimum wage has been stuck at $5.15 an hour since Sept. 1, 1997. Adjusted for inflation, it's at its lowest since 1955. A year of work at the minimum wage yields $10,712 — just above the poverty level for a single person but well below that for a family of two, let alone three or four.

Opposition to raising the wage is not just donation-driven, but the economic and ideological arguments are familiar and unconvincing. Opponents say raising the minimum wage costs jobs. Economists differ over this. A fair reading of the arguments suggests there can be a small negative effect, but it's hard to measure, not as dire as critics make out and can be offset by a healthy economy.

The opponents also point out that teenagers from middle class families get the minimum wage for summer jobs or after-school work. Some do, but that's exaggerated and beside the point. A 1994 study by two Princeton economists found that more than two-thirds of minimum-wage recipients were adults, and that almost a third were the sole source of income for their households.

Tired of waiting for Washington, 20 states have passed minimum wages higher than $5.15 an hour. Six more may have it on the ballot in November.

While Congress resists an increase, which would benefit 15 million who earn the minimum or a little more, it's obsessed with cutting the inheritance tax, which hits only about 12,600 estates a year.

An estimated 2.4 million Americans will die this year; 0.5% will leave taxable estates. But the revenue from those estates — as much as $745 billion over 10 years — is serious money at a time of triple-digit budget deficits.

Those who want to cut or kill the estate tax have no real plan to fill this hole by cutting spending or raising some other tax. The shortfall would almost certainly be borrowed, adding to the national debt for future generations. Some inheritance.

There are signs that congressional leaders are feeling pressure to change their skewed priorities. After the Senate rejected an increase in June, House Majority Leader John Boehner, R-Ohio, was asked whether he'd let a minimum-wage bill come to the House floor. "Probably not," he replied. Asked again last week, after 28 House Republicans sent him a letter demanding action, he changed signals. "We are chatting about it," he said.

That's a start. But talk is cheap. It's long past time to put the needs of America's lowest-paid workers above those of the moneyed interests that fill campaign coffers.

Published on Monday, July 24, 2006 by USA Today



To: Travis_Bickle who wrote (74093)7/24/2006 3:40:33 PM
From: James Calladine  Read Replies (1) | Respond to of 362340
 
Are you suggesting that in light of the massive scale of human death in Africa, and from time to time elsewhere, we should:

-- ignore it all--too massive to contemplate/deal with?
-- realize that all human life should be valued, not just some?
-- realize that all life (including non humans, environment, the planet etc) should be valued?
-- something else?

Namaste!

Jim



To: Travis_Bickle who wrote (74093)7/24/2006 4:10:26 PM
From: TigerPaw  Read Replies (1) | Respond to of 362340
 
Why should we care if there is peace or no peace?

The neocons of Israel and the neocons of the U.S. work together to further their interests, not the interests of either country. They have in another of their brain-farts decided that it is in their interest to attack Iran. This attack on Lebanon, like the disaster in Iraq, is just a step in their plan. This will become America's war by proxy, most likely as a "peacekeeping force" in Southern Lebanon.

TP