50 Things the Working Poor Never Say

By: Saturday May 17, 2014 12:00 pm

1. I don’t know if I could stand two weeks of vacation.

2. I was talking to my broker the other day.

3. Want to go see if the new Cadillac models are in?

4. Let’s go shopping!

 

Walmart Holding Canned Food Drive For Its Own Employees

By: Tuesday November 19, 2013 6:48 am

One of the richest companies in the world has found a solution to help feed their struggling underpaid workers – donations from their other underpaid workers. Walmart has defended the practice as part of the “company’s culture” of charity but the question remains as to why people who are working need such charity.

Thoughts on Labor Day 2013

By: Sunday September 1, 2013 5:20 pm

As you sit down to your barbecue or grilled whatever this Labor Day; as you seek out the best deals at the store for whatever Labor Day sales this weekend; remember that the working poor, the laborers if you will, are probably not getting a paid day off. Or maybe they are among the long term un and underemployed who probably are not sitting down to a nice cook out meal to celebrate the “end of summer.”

McJobs: Bad and Getting Worse

By: Monday April 15, 2013 6:30 pm

A couple of years ago, you might remember that McDonalds got a lot of publicity out of a one day hiring binge. I wrote about it here with a follow-up about the Washington Post noticing that it was a “McJobs” economic recovery a couple of weeks later. So here we are, two years later and where exactly are we?

At best, we are treading water. At best.

Brave New Retailing World: Merchants Can Charge Extra for Payment By Credit Card

By: Monday July 16, 2012 1:35 pm

The important element of this multi-billion dollar settlement with MasterCard and Visa on an antitrust lawsuit is not the total amount, though retailers stand to gain about $6 billion in damages. It’s the new regime of pricing, under which retails can charge more when you use a credit care, that will affect all our lives.

Ryan Budget Would Massively Increase Costs for Senior Health Care

By: Wednesday April 6, 2011 9:10 am

The whole CBO report is really damning. The bottom line is that seniors would pay more for less coverage. It’s not a reform plan, it’s a cost-shifting plan. Public debt goes down as private debt goes up. And if the senior can’t afford coverage. . . tough.

Sin of Omission By Geithner in Chest-Thumping Over Tax Cut Deal

By: Saturday January 15, 2011 4:00 pm

So you have this crazy circumstance where the payroll tax cut ends up a worse deal for low-income workers, who would spend the money, and a better deal for high-income workers, who probably won’t.

Payroll Tax Cut Would Mean Higher Tax Rates for the Working Poor

By: Friday December 10, 2010 8:42 am

The President predicted that his tax plan would pass Congress, saying specifically that “nobody — Democrat or Republican — wants to see people’s paychecks smaller on Jan. 1 because Congress didn’t act.”

But if Congress does act, people’s paychecks will get smaller – a substantial amount, actually. And it will be a particular subset of people – the working poor, people who make under $20,000 a year, or families under $40,000.

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