No Jobs, No Benefits, and Lousy Pay

In the December jobs report, the average hourly wage for most workers was $20.35. That means that the minimum wage, at $7.25 an hour, is only one-third of the average, rather than one-half, as was the case historically. Raising the wage to $10.10 an hour, as Democrats have proposed, would help to restore the historical relationship. But even that would fall far short of the roughly $17 an hour that workers at the bottom of the wage scale would be earning if increased labor productivity were reflected in their pay, rather than in corporate profits, executive compensation and shareholder returns.

via New York Times

'this new face of poverty…both poor, near-poor, and precarious working middle, and that’s simultaneously black, Latino, and white—renders the old Republican divide-and-conquer strategy obsolete. Most people are now on the same losing side of the divide. Since the start of the recovery, 95% of the economy’s gains have gone to the top 1%…The new economy has been especially harsh for the bottom two-thirds of Americans. It’s not hard to imagine a new political coalition of America’s poor and working middle class, bent not only on repairing the nation’s frayed safety nets but also on getting a fair share of the economies’ gains.'

thesmithian:

more.

Jay-Z On Eminem’s Bullet Proof Vest

"When he came to the studio, I remember I hugged him and I could feel that he had on a bulletproof vest. I couldn’t imagine being that successful. I mean, he’s a guy who loves rap and wanted to be successful his whole career. Then he finally gets it, and there’s this dark cloud over him. He has to be afraid to walk around New York freely. I was like, ‘Here it is. You’ve gotten everything you wanted, and now you’re a prisoner of your own fame.’ That’s sad to me—that you have to walk around in a bulletproof vest after you’ve sold 20 million records. I found it sad."

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WHAT IS YOUR EARLIEST HUMAN MEMORY?

Waking up to eat Fruit Loops for breakfast with my dad. When there were only two loops left, my dad left to go to work so I ate one loop and left the other.