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Tuesday, May 14, 2013
Federal government creates more low-wage jobs than Wal-Mart and McD’s combined.
“The federal government is better at creating low-paying jobs than Wal-Mart and McDonald's combined, according to a new report.
A study released earlier this month from the public policy group Demos states that through various forms of government funding in the private sector, nearly two million people are making $12 an hour or less. The number of workers at Wal-Mart and McDonald's together at $12 an hour or less is currently around 1.5 million, according to the report.
"The sheer number of those workers making so little is surprising," said Amy Traub, a senior policy analyst at Demos and co-author of the study.
"We assume people working on behalf of America would be making more, but that's not the case," Traub said. "And many of these people are making less than $12 an hour."
The report says that when tax dollars underwrite bad jobs, the economy as a whole is weakened….”
The above article further points out that companies under contract with the federal government are the biggest offenders and even though I am sure that the author of the article’s intent was to foster the argument for higher wages, they instead put a flashlight on the unintended consequences of government intervention and regulations.
While it is mandated that entities in receipt of federal funding uphold higher wages and employment practices, many companies under contact do not abide by the agreement to do so. Surprised?
Why then does the Obama administration have their pit-bulls on the streets of America applying Alinksyite tactics against McDonald’s, Walmart, Burger King, Target, etc. over low wages when the so-called problem exists within their own backyard?
Pot calling the kettle black????? Not to mention, another example of the Obama administration’s role in dragging Americans down the road to serfdom.
All posts cross-posted on PUMABydesign001's Blog