If you are an American worker who is finally getting a higher salary after decades of losing ground to inflation, there is something especially dispiriting about seeing your raise get completely me up by inflation that is increasing even faster.
In Capitalism, Workers Lose Even When They Gain
Ted Rall
Ted Rall is a syndicated political cartoonist for Andrews McMeel Syndication, WhoWhatWhy.org and Counterpoint. He is a frequent contributor to The Wall Street Journal, a graphic novelist and author of many books of art and prose, and an occasional war correspondent. He is, recently, the author of the graphic novel "The Stringer."
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I am reminded of the meme that shows a woman who looks like she’s got something terminal with a caption that runs something like, “I just want to own a house and have decent health care once before this whole cursed planet dies.”
New York just passed a law that takes effect in May that forces companies to disclose salaries in job ads. It also means they might find themselves on the chopping block for class-action suits from employees who were chronically underpaid.
I can smell the revolution coming. We still need a couple more events to happen. The student loans, the coming evictions, the forced bankruptcies due to medical illness …