Hey folks! Not the newest story in the news, but it's important to consider the basic economics at work behind Bernie's decision to cut his staff's hours after their demand to receive more payment when working more than 40 hours a week.
Nate's out of town, and Charlie is crazy sick, so we've been a bit slow to release content this week. Rest assured, we WILL be back at it full time next week.
Here's the article from www.bernielies.com
Bernie Sanders has a problem.
The Vermont Senator and Presidential hopeful has always been a strong proponent of a mandated $15 an hour minimum wage. He's disparaged the likes of Walmart and Amazon for paying their employees what he calls "starvation wages." It's important to remember that Walmart's minimum is $11 and hour, and Amazon's is $15 (while many employees made more than that when stock options were taken into account- before they gave in to Bernie's push for them to set wages at at least $15).
As you've likely heard, Bernie's campaign staffers are unionized, and recently, they've been quitting. Why? They aren't making $15 an hour. In the traditional socialist exercise of "do as I say, not as I do," Bernie is in fact employing low skill labor that he has not valued over $15 an hour at a certain amount of hours.
Continue reading at this link
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