Zaeda Blotner

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5 signs the U.S. economy is shakier than it looks

Don’t buy that new car just yet. The middle class is still shrinking, and inequality is hurting economic growth<p>Lots of people are cheering that the U.S. economy has shown signs of strengthening. The stock market looks to be doing better than anyone expected, and unemployment is under 6 percent. But …

Income Inequality

Bill de Blasio: Why Income Inequality Is a Major Threat to American Society

I recently interviewed one of the country’s unabashed progressive leaders, New York Mayor Bill de Blasio. Our discussion ranged from Ronald Reagan’s …

Income Inequality

5 Arguments Debaters Love But That Really Make No Sense by Anne-Marie Hwang and Noah Simon

There is a wide range in the quality of arguments in debate. There are well researched meta-ethics, there are sophisticated critical positions, and …

The truth about free will: Does it actually exist?

Acclaimed philosopher Daniel Dennett explains why free will is much more complicated than many people believe<p><b>David Edmonds: One way to exercise my freedom would be to act unpredictably, perhaps not to have a typical introduction to a "Philosophy Bites" interview, or to cut it abruptly short</b> …

Poor behaviour

A BAT and a ball cost $1.10 between them. The bat costs $1 more than the ball. How much does each cost? By paying attention to how people actually …

Economics

The minimum wage debate through the eyes of self-made laundromat owner

Marc Tavakoli has all the classic trappings of success: A law degree from Columbia University, stints at Manhattan law firms, a Beverly Grove penthouse apartment two floors up from a pop singer.<p>He only hoped for such a comfortable existence growing up. His immigrant parents, before breaking into …

Minimum Wage Hikes Force Walmart To Raise Pay At More Than 1,400 Stores

By Nathan Layne<p>CHICAGO, Dec 24 (Reuters) - Minimum wage increases across the United States will prompt Wal-Mart Stores Inc to adjust base salaries at 1,434 stores, impacting about a third of its U.S. locations, according to an internal memo reviewed by Reuters.<p>The memo, which was sent to store …

Why Is This City’s Democratic Mayor Threatening To Veto A $10.10 Minimum Wage?

The Democratic majority on Louisville, KY’s city council plans to vote for a $10.10 minimum wage on Thursday, but the city’s Democratic mayor has …

Minimum wage since 1938 - CNNMoney

When the federal minimum wage first became law in 1938, it was 25 cents. Adjusted for inflation, that would be worth $4.19 today. Scroll over the chart to see historical minimum wage amounts, and their corresponding values in today’s dollars.

Economics

Why We Need a Stronger Minimum Wage

Our last post noted that support for expanding the Earned Income Tax Credit (EITC) for childless workers -- as President Obama recommended last night -- is growing on both sides of the aisle. Policymakers also should help low-wage workers by strengthening the minimum wage.<p>Today's minimum wage is 22 …

Economics

Here Are The States That Support Nearly Doubling The Minimum Wage

The recent debate over raising the minimum wage has been contentious, with revelations about fast food worker's struggles to survive on their wages striking a chord with many Americans. One of the proposed solutions is a nationwide increase to $15 an hour from the current federal floor of …

Minimum Wage

Families with both parents being paid the minimum wage 'don't have enough to live on' as cost of living increases

• <b>Cost of living means parents on minimum wage struggle to support families</b>• <b><br>Earnings are 18% short of basic amount needed to provide minimum standard of</b> …