: Some 70% of Swiss voters appear to have supported plans to give shareholders a veto on compensation and ban big payouts for new and departing managers, projected referendum results suggest. One of the organisers of the referendum, Brigitte Moser Harder, told the BBC she thought the Swiss people agreed with the proposals because the gap between rich and poor had become wider. "From the beginning, 2006, we had the support of the people of Switzerland because you know not everybody in Switzerland is rich." [more inside]
posted by Wordshore
on Mar 3, 2013 -
The housing bubble was the last chance most middle-class families saw for grasping the brass ring. Working hard didn’t pay off. Investing in the stock market was a sucker’s bet. But the housing bubble allowed middle-class families to dream again and more importantly to keep spending as if they were getting a big fat raise every year.
- How the Bubble Destroyed the Middle Class
posted by Slap*Happy
on Jul 11, 2011 -
Today Kansas became one step closer
to raising its state minimum wage and shedding its embarrassing position as lowest set state minimum wage in the nation at $2.65 per hour. (Kansas minimum wage is lower than Puerto Rico
, and the Virgin Islands
, though 5 states
currently have no minimum wage whatsoever.) The Kansas Department of Labor estimates that over 20,000 Kansans earn less than the federal minimum wage. After passing the Kansas Senate by a vote of 33-7, will the Speaker of the House
allow a vote on Senate Bill 160
posted by jlowen
on Mar 18, 2009 -
Do short men get short-changed?
Any real life experiences to back up or refute this study? I found this very interesting: "If a teenage sense of social exclusion influences future earnings, it may have great implications for youngsters from minority groups."
posted by bittennails
on Apr 30, 2002 -
The Harvard Living Wage Campaign
has been sitting in blocking the administration building for 8 days, 8 hours, and 58 minutes. They've been nytimesed
and you'd think the college would have
to listen to Ben Affleck (and Ted Kennedey and 200 faculty and...).
posted by benjamin
on Apr 26, 2001 -