Recall Senators McConnell’s and Graham’s strong opposition to the first COVID relief package? Said it was because they feared it might reduce the incentive of workers in their states to work for low wages; that’s really low wages as in less than a living wages. Mitch and Lindsey, and most of the present day republican party, are miners of poverty. Miners as in get every last possible cent possible out of the working class and personally wheelbarrow it up to those living in the big houses on the hill. Being as they are professionals, Mitch and Lindsey don’t come cheap. Right to work states are right to mine states. With few exceptions, right to work states are red states. A living minimum wage is an anathema to the miners of poverty. The miners’
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Ken Melvin considers the following as important: Disparity, law, politics, US EConomics
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Recall Senators McConnell’s and Graham’s strong opposition to the first COVID relief package? Said it was because they feared it might reduce the incentive of workers in their states to work for low wages; that’s really low wages as in less than a living wages. Mitch and Lindsey, and most of the present day republican party, are miners of poverty. Miners as in get every last possible cent possible out of the working class and personally wheelbarrow it up to those living in the big houses on the hill. Being as they are professionals, Mitch and Lindsey don’t come cheap.
Right to work states are right to mine states. With few exceptions, right to work states are red states. A living minimum wage is an anathema to the miners of poverty.
The miners’ motto: Get every last drop of blood. Though a hand full of democratic members of Congress (think FL) do prenez l’argent, most of the support for poverty mining comes from republican politicians. Faced with regulation or restriction, lenders of payday loans, cash advances, title loans, low wages, and such, turn first to the the republican party.
Another way of obtaining the very last drop is on the spending end. There are stores that deliberately take advantage of poor people. They may do this by way of taking advantage of the customer’s inability to compute price per unit in real-time, their innumeracy, senility, etc. Major grocery chains avoid low-income areas. Dollar stores move in and sell inferior goods for less.
Payday loans take a big cut of the working poor’s wages without hardly lifting a finger beyond signing a political contribution check. Car title loans are a great way of getting at any asset/savings the working poor might have.
Peonage, as practiced in say Alabama, is the cruelest of all the various means of mining poverty. Arrest someone for little or no reason, brand them a felon, then throw them in prison. Once incarcerated, the great state peddles their labor as a source of revenue. Local turkey/chicken/pork processor, general contractor, furniture manufacturer, … hires the the prison labor for a few dollars a day so as to better compete with turkey/chicken/pork processors, general contractors, furniture manufacturers who pay their workers a living wage. Meanwhile, across Alabama, the working class poor are competing for jobs with prison labor. Fine economic model you have there, Mitch and Lindsey.