One of my pet peeves about the coverage surrounding the plight of young people in America is that it focuses heavily, and at times exclusively, on how well recent college graduates are doing. Why people focus on this is a mystery to me. I suspect it is because the chattering classes are almost all college graduates, as are their friends. To them, being a recent college graduate is simply what it means to be a young person in the labor market.
Their agreement is very preliminary and hasn’t yet even been blessed by the so-called Gang of Eight Senators working on immigration reform, but the mere fact that AFL-CIO President Richard Trumka and Chamber of Commerce President Thomas J. Donohue agreed on anything is remarkable.
Many liberals, myself included, are frustrated by the mainstream conversation on entitlement spending, which holds as gospel that we need cuts to our two major retirement programs, Social Security and Medicare. But only one of them–Medicare–faces the prospect of high long-term costs. Social Security, by contrast, is a stable and well-funded program, and needs slight adjustments–at most–to ensure its long-term stability.
It’s not getting better. That’s the key finding of a new survey of low-wage workers out yesterday from the Associated Press and NORC Center for Public Affairs Research at the University of Chicago. Eighty-one percent of low-wage employees surveyed said their family’s financial situation was the same or worse than it had been four years ago, while 64 percent reported that their wages have been stagnant or declined over the past five years. The survey queried 1,606 workers earning $35,000 or less annually.
With over twenty million Americans still unable to find full-time work, Washington shouldn't take its eye off job creation for a minute. That's certainly the feeling of voters, who overwhelmingly told exit pollsters on Election Day last November that fixing the economy should be Congress's number one priority—far more than said reducing the deficit.
Frankly, though, official Washington seems better at destroying jobs these days than creating them: Exhibit A are the sequestration cuts, which are eliminating jobs as I write this. Exhibit B is the rollback of the payroll tax holiday on January 1, which ensured that nearly every working American has been living with a pay cut for the past ten weeks.
This past January was the deadliest month in Chicago in more than a decade. Forty-two people lost their lives on the city’s streets, most of them to gun violence. For 2012, the total number of homicides was 509, of which 443 involved firearms. While most of the shootings could be attributed to gang feuds, innocent people were caught in crossfire that often erupted in broad daylight and on public streets.
It’s too late for Tonisha Howard, the mother of three in Milwaukee who was fired for leaving work to be with her hospitalized two-year-old. And for Felix Trinidad, who was so afraid of losing his job at Golden Farm fruit store in Brooklyn that he didn’t take time off to go to the doctor—even after he vomited blood. Trinidad, a father of two who had stomach cancer, continued to work until just days before his death from stomach cancer at age 34. But for workers in Portland and perhaps Philadelphia, paid sick days just got much closer to becoming reality.
It’s 11 a.m. on a brisk Friday morning. In the middle of a short block of 40th Road, just off Main Street in Queens, where colorful signs stand out against the densely packed four-story buildings, a handful of Chinese delivery workers dismount from their motorbikes. The dry pavement here is a welcome sight; much of the downtown area was buried under a foot of snow earlier in the week. The men, dressed in sneakers, blue jeans and puffy jackets, gather in a circle at one of the few empty parking spots.
From the beginning of President Obama's term, Republicans have attacked him for "growing the size of government" and creating a false recovery with higher spending. but it's hard to see what they're talking about. Yes, there's the Affordable Care Act and Dodd-Frank. At the same time, however, the United States has seen a record decline in the number of public workers—since the official end of the recession, state and local governments (as well as the federal government) have laid off hundreds of thousands of workers.
The release of 2012 minimum-wage data last Wednesday—which shows that the number of minimum wage workers has fallen but is still higher than any period since 1998—has underscored the importance of making good on Obama’s pledge of raising the federal minimum wage from $7.25 to $9 an hour. As many have pointed out, women stand to benefit disproportionately from the increase: Two-thirds of the country’s roughly 1.6 million minimum-wage workers are women.
There are two things you can say about the recovery: It's slow, and it's remarkably durable. Even with the collapse of fiscal stimulus, the shocks of austerity, and a dysfunctional government, we've seen sluggish growth with just enough to bring down unemployment. And at times—such as the winter between 2011 and 2012—there were signs it was speeding up.
A new bill introduced today by Senator Tom Harkin and Rep. George Miller would raise the federal minimum wage to $10.10 per hour, and more importantly, peg it to inflation so that it would automatically adjust. The proposed wage hike is higher than the $9 per hour proposed by President Obama and is closer to what the minimum wage would be now if it had kept up with the rate of inflation. The bill also increases the tipped wage, which has not risen in twenty years.