Labor Day 2015 by the Numbers

[eridani]

http://www.epi.org/publication/how-the-economy-has-performed-for-workers-this-year-labor-day-2015-by-the-numbers/

Labor Day is a time to honor America’s workers and their contributions to the economy. Unfortunately, while the nation as a whole continues to recover from the Great Recession, the recovery remains incomplete; its benefits have not yet reached many Americans in important ways:

Unemployment rates remain too high overall, and far too high for African Americans, Hispanics, and young graduates.
Wages have continued their 35-year trend of broad-based stagnation.
The buying power of the minimum wage continues to erode each year that policymakers refuse to raise it.
Declining collective bargaining is harming workers’ wage prospects.
Far too many workers have to contend with unpredictable schedules and no paid leave.

The good news is that these outcomes aren’t inevitable. They were created by policy choices—policy choices made intentionally to benefit those with the most power and wealth. But we can have different outcomes if we make different policy choices to benefit low- and moderate-income Americans. There are a number of policies we can pursue to raise Americans’ pay and ensure that prosperity is broadly shared. In the near term, the most pressing of these policy choices is to have the Federal Reserve continue to help the recovery reach still-struggling Americans by keeping interest rates low.

[PatrickforO]

1. The greed heads are planning to raise the interest rates

at their meeting in September.

Best thing we could do: get rid of the Fed and nationalize the central bank. Print enough money to pay off the national debt and each year fund the programs needed for the American people.

[Euphoria]

2. An interesting idea - I'll try to learn more re national bank. nt

[PatrickforO]

3. Check out the Web of Debt by Ellen Brown

It's very good, and tells us how we can have a society of abundance rather than one of scarcity.

[Euphoria]

4. Will indeed check it out!

Coincidentally enough I've been mulling around the "scarcity as paramount vs abundance as illusion" message, and status quo actions, we've been experiencing for the past say 15 years.
Thanks!