Policies that target the median wage

April 17th, 2015 at 7:03 pm

Politics notwithstanding, we know how to raise low wages. Sanity notwithstanding, we know how to further enrich owners of wealthy estates. But which policies will lift median wages?

Over at PostEverything.

Print Friendly, PDF & Email

One comment in reply to "Policies that target the median wage"

  1. Smith says:

    * Full employment: The significant segment of workers without labor rights (immigrants) and plans for expansion prevents a healthy economy. Equal Labor Rights for All.
     * Trade deficits/manufacturing jobs: See how Germany prevents factory closings while maintaining high wages. Before futilely lobbying totalitarian China, cut enormous deficits with Japan, Germany, Canada, and Mexico. Pour still more money into R&D to cut oil imports. Stop TPP
    * Strengthen collective bargaining: Right to work (actually Right to No Contract-Fee) is a red herring, Power comes from mass protest, wildcat strikes of the 1930s, Occupy Wall Street operations, Fight for 15. Repeal Taft-Hartley.
    * Mid-market employment: The lack of rising wages proves claims of middle skills shortage are false.
    * Work/family balance: Analysis ignores everyone’s wage. Family responsibilities suppress wage demands for one segment which lowers everyone’s bargaining leverage. Well paid job opportunities still more important, intention is not to pay people to have families, just not penalize them.
    * Help with the middle-class budget: Tax credits are backdoor methods of privatizing government functions. Childcare and college tuition tax credits rob funds needed for all by rewarding only generous parents.
    * Promote upward mobility for those who aspire to the middle class: The opportunity gap may freakonomicallly be July and August when some studies show most learning gaps develop. Why isn’t college free like Germany and France, and cost controlled like Britain? Increasing SNAP benefits and EITC is flawed, the goal is increase wages so need decreases.
    Raising the hourly threshold doesn’t get to central fallacy of the Exempt status, eliminate it for the modern office worker.