What does that mean? Why?
1. Not all that much employment here anyway....faux employment numbers....
2. Employment here is much more affected by much lower wages elsewhere than by chicken shit increases in the minimum wage of our already higher wage workers, which fewer and fewer workers here can take advantage of anyway. What these workers have really been looking at is the very real and horrific bogey of global wage convergence. That is the topic Krugman dances all around in discussions like this. Piketty, didn't touch it, baby!
Re Thomas Friedman grass roots civic coalitions where government here has failed:
Try grass rooting your ass out of the global flat world situation I have described above, civic coalition grass rooting your way to wage prosperity here in America.
Just to make an important connection they will not:
You could just about as easily minimum wage yourselves to prosperity as you could quantitatively ease yourselves there!
Slavery was a bad, but in North America not all that bad, but it was a guaranteed job. A slave couldn't be fired, and usually had to be fed clothed and sheltered to be worth something.
If you were sold, you had another guaranteed job.
Indentured servants were in very similar conditions, and believe me there were a gadzillion of them too.
Re Thomas Friedman grass roots civic coalitions where government here has failed:
Try grass rooting your ass out of the global flat world situation I have described above, civic coalition grass rooting your way to wage prosperity here in America.
Just to make an important connection they will not:
You could just about as easily minimum wage yourselves to prosperity as you could quantitatively ease yourselves there!
Slavery was a bad, but in North America not all that bad, but it was a guaranteed job. A slave couldn't be fired, and usually had to be fed clothed and sheltered to be worth something.
If you were sold, you had another guaranteed job.
Indentured servants were in very similar conditions, and believe me there were a gadzillion of them too.
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