Sunday, March 06, 2005

Minimum Wage Being Destroyed

The new Minimu Wag bill making its way thru congress seems like it may be a good thing, but, typically, it's not what it looks like.

If only we could go back to the good old early part of the 20th century when immigrants were crammed into padlocked dirty rooms, working for a pittance, often at the risk of death -- Triangle Shirt Company anyone...

Nathan Newman finds:

"Licensing Sweatshops: While a $1.10 per hour minimum wage increase by itself would help 1.8 million workers, Santorum includes a poison bill exempting any business with revenues of $1 million or less from regulation -- raising the exemption from the current $500,000 level.

"The upshot: while 1.2 million workers could qualify for a minimum wage increase, another 6.8 million workers, who work in companies with revenues between $500,000 and $1,000,000 per year, would lose their current minimum wage protection."

It's another sick and twisted attempt to fatten the rich cats at the expense of the lower classes (Yes, I am sounding a bit more strident today, but it's really starting to piss me off.).

No comments: