We stand for a living wage…enough to secure the elements of a normal standard of living — a standard high enough to make morality possible, to provide for education and recreation, to care for immature members of the family, to maintain the family during periods of sickness, and to permit of reasonable saving for old age.
Thursday, February 14, 2013
Minimum Wage and State of the Union
I heard a lot in the State of the Union Address that I have waited four years to hear. The primary flaws in the system are not been addressed now but they are not timely either. What is been addressed is actions set to reshape and encourage economic growth.
Expect a carbon tax system that speeds the conversion to natural gas and the expansion of the internal US oil industry. We now know that this has worked very well in Australia were wind is now the cheapest solution. Combined with a national initiative to rebuild infrastructure, build high speed transport and a national superconducting power grid and the smart grid that goes with it and we have a lot of important national investment.
Now comes the challenge of delivery.
Beyond that the minimum wage hike was long overdue and linking it directly to the inflation rate, not yet contemplated, is next up and will establish the linkage to the idea of a living wage. It really needs to be this way and the core idea also needs to be improved and made age sensitive to promote additional social agendas.
Again the USA is also embarked in promoting a superior educational infrastructure and at least they are empowering the communities. It is wonderful how a sharp lack of resources will focus the mind and cause centrists to distribute power and responsibility. And yes children, the party is over for the universities.
The USA needs to engage in a massive infrastructure replenishment to powerfully stimulate the economy and generate the high growth now needed for the next seven years.
The Case For higher minimum wage
Posted by James Downie on February 13, 2013 at 2:02 pm