Did you know our Fed poverty line is based on 1955 spending, & the way we calculate it hasn’t changed since 1964? It assumes 1 earner & a mother home full-time. It doesn’t include cost of childcare, geographic cost of living, or healthcare. Some predict it should be *$38k/yr.*https://twitter.com/nytimes/status/1176798553957707778 …
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Als antwoord op @AOC
This is where the loony left lose the public. Magic economics that just don't wash
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Als antwoord op @JonMarcStanley @AOC
You mean updated to modern times and not tacked to 50 year old economics? That’s magic to you?
5 antwoorden 4 retweets 220 vind-ik-leuks -
Magic is housing and feeding and clothing and educating and getting healthcare for a family on what the GOP thinks business owners should have to eek out for wages.
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The US worked perfectly fine under Reagan, under Kennedy. The technological advances since have been enormous. The free market works.
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Als antwoord op @JonMarcStanley @JenHyk en
America has been getting worse since Reagan's voodoo economics were implemented. He started us on the path towards massive income inequality. Now 40% of the country can't afford a $400 emergency.
6 antwoorden 7 retweets 128 vind-ik-leuks -
Als antwoord op @Liberal_Top_Dog @JenHyk en
Some people earn more. Federal minimum wage is higher than in most EU countries.
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Als antwoord op @JonMarcStanley @Liberal_Top_Dog en
Some EU countries don't have minimum wages because their unions are so strong that they've all negotiated high enough salaries for their workers to actually live decent lives. It's not like that here.
1 antwoord 0 retweets 3 vind-ik-leuks
Er Italian unions are hardly strong, just the governments have deicded on balance it is not worth it and it marginalises those of low skill.
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