Arguments Against Raising Minimum Wage Don’t Hold Up

By: Wednesday August 27, 2014 2:25 pm

The way you functionally subsidize companies paying low-wages to workers– ponying up the difference between what McDonald’s and others pay and what those workers need to live via taxpayer-paid SNAP (food stamps) and other benefits– is a hidden cost in plain sight. You’re already paying higher prices via higher taxes; you just may not know it.

 

FDL Book Salon Welcomes Steve Coll, Private Empire: ExxonMobil and American Power

By: Saturday July 28, 2012 1:59 pm

If you’ve ever wondered why all the angry political rhetoric about high gasoline prices has so little effect when you’re paying around $4 a gallon, give a read to Steve Coll’s incredibly well-researched book, Private Empire: ExxonMobil and American Power. At numerous points in the 685-page exposé of the largest U.S. energy company, Coll makes clear how ExxonMobil puts its interests behind no others, including those of the American public.

“I’m not a U.S. company and I don’t make decisions based on what’s good for the U.S.,” former ExxonMobil CEO Lee Raymond says.

Senate Hearing: James Love Testimony on the High Cost of High Prices for HIV/AIDs Drugs and the Prize Fund Alternative

By: Tuesday May 15, 2012 7:01 am

The de-linkage of R&D costs and drug prices through the Prize Fund for HIV/AIDS will cost less, expand access, accelerate and improve innovation, and replace an incentive system that is expensive, inefficient and unsustainable. James Love’s testimony before Senate Subcommittee on Primary Health and Aging.

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