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A Shocking Hourly Wage

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    A Shocking Hourly Wage






    Inequality for All | A documentary film about income inequality, public policy, and economics and features professor Robert Reich.


    $2.13 per hour vs. $3,000,000.00 per hour

    Each of the Koch brothers saw his investments grow by $6 billion in one year, which is $3 million dollars per hour based on a 40-hour ?work? week.

    Their income portrays them, in a society measured by economic status, as a million times more valuable than the average restaurant server that earns $2.13 an hour.
    A comparison of top and bottom salaries within large corporations is much less severe, but a lot more common.
    For CEOs and minimum-wage workers, the difference is $5,000.00 per hour vs. $7.25 per hour.

    INEQUALITY FOR ALL - Official Trailer




    About the Film | Inequality for All

    DIRECTOR?S STATEMENT

    It was quite a challenge, as a narrative filmmaker, to think about how I might approach a documentary about widening income inequality. As I thought about it more, however, I realized my background could be a real asset. I decided my goal with this film, first and foremost, was to take a conceptual and abstract topic and find a way to tell an approachable and human story about it. Every choice ? from letting Reich?s humor show through to approaching interview subjects as people rather than victims ? was designed to help show the argument and the economy in human terms that people could wrap their heads around.
    Jacob Kornbluth, Director

    This approach was so important to me because economic inequality was a concept that I have always felt personally. I grew up knowing I was from a poor family because I got free school lunches ? the scarlet letter a kid wears to let his classmates know his family is below the poverty line ? all the way through school. My mother raised a family of four by herself on a salary that ranged from $9,000 ? $15,000 a year. I remember all the day-to-day tough calls my mother had to make ? medical insurance for her kids or groceries? ? the pressure of which weighed on her every second of every day. I also remember how people looked down on us ? we must not be worth much if we had worn clothes on or if we didn?t even have enough money to go to the mall or to get an ice cream.

    My upbringing also led us to move around a lot. I started out in a rough neighborhood in New York City, went to high school in a farm town in rural Michigan when New York became too much for my mother to handle, and moved to California as an adult. All of this might surprise people who know me now. Education was my way out, and I don?t often call attention to my economically disadvantaged roots. But I never forgot where I came from, and I was always keenly aware of who had what in society.

    Cut to today. My hope in making this film was that I would be able to take all of those experiences and use them to help make a film that a wide variety of people can connect to. I have lived among the most conservative and liberal people in America, in urban and rural communities across this amazingly diverse country, and have experience dealing with billionaires and homeless people and everything in between.

    I believe my somewhat unconventional background has provided great preparation for the goal of the film: to find a human way in to an idea-driven film. I believe America could use a discussion about the future of the middle class and widening income inequality, but not in purely partisan terms. I think we?ve had enough of that. The film I hope we made is one that educates at the same time it inspires, and speaks to what we can hope for to make America better. That large, idea-driven story, for me, is as personal as it gets.
    STATEMENT FROM ROBERT REICH

    This movie is critically important. It exposes the heart of our economic problem. Something that?s been getting worse and worse for over 30 years. Widening inequality.

    We?re in the biggest economic slump since the Great Depression, and we can?t seem to get out of it. Why? Because, exactly as in the 1920s, so much of the nation?s income and wealth are going to the top, that the vast middle class doesn?t have the purchasing power to keep the economy going.

    I?ve spent most of my working life concerned about what?s happening to American workers ? their jobs, their wages, their hopes and fears. My father sold clothing to the wives of factory workers in the late 1940s, 1950s, and 1960s. I watched as the factories began to close, and as those families struggled with a new economy. Households kept their living standards by sending those wives and mothers into paid work ? a strategy that did the trick for a time. But when it no longer generated enough income, American families went deeper and deeper into debt ? and that?s been the vicious cycle most middle class Americans have been in ever since.

    People are stressed. They?re angry and frustrated, and the tide is only rising on that front. Their debt obligations are staggering, yet (if lucky enough to have a job), they?re working harder and longer than ever before. People need to understand what?s happening to them ? because from their perspective, the picture looks pretty bleak.

    Until we can take a step back and understand the big picture, we can?t do anything to get ourselves out of this mess. Our democracy as we know it depends on it. I?m an educator. I love the classroom. But I also write books, appear on television and on the radio, and do everything else I can do to help people understand the economic truth. It?s my life?s work and it?s more important than ever. One of the best ways to help people understand the challenges we face, is with a movie that can grab an audience and move them to action.

    And this movie will do exactly that.

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    A Shocking Hourly Wage

    If you want it. Go work for it.

    Simple as that.


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    Quote Originally Posted by Warriorblaze View Post
    If you want it. Go work for it.

    Simple as that.


    Warrior
    A response that is meaningless as it provides no context as to how that is possible in today's economy.
    The wages of the middle class have been stagnant for 30 years, and there is data that supports that argument.
    The purchasing power of the middle class which powers the economy is not keeping up, it is reducing the potential growth of the economy.
    You cannot grow an economy that is powered by the creation of low wage and benefit services jobs, which are the majority of jobs created since the start of the great recession in 2007.
    Low wage and benefits cause a reduction in the level of disposable income that people have to buy stuff.

    Which is exactly the point of the movie.
    Last edited by Bowden; 01-19-2014 at 08:08 AM.

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    Quote Originally Posted by Bowden View Post
    A response that is meaningless as it provides no context as to how that is possible in today's economy.
    How is it possible?

    Work harder. Go the extra mile. Get a career instead of a job.

    Minimum wage work ethic will never produce million dollar dreams.


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    Quote Originally Posted by Warriorblaze View Post
    How is it possible?

    Work harder. Go the extra mile. Get a career instead of a job.

    Minimum wage work ethic will never produce million dollar dreams.


    Warrior
    There is a problem with your suggestion.
    It is related to dynamic shifts in the job market.
    Do you see what it is and the potential impacts to opportunity?


    Graph: America Has a Part-time Employment Problem : Blog of the Century

    Graph: America Has a Part-time Employment Problem

    Post by: Benjamin Landy ,
    on January 11, 2013

    2012 was a decent year for employment growth, all things considered. Despite a global economic slowdown and weak demand at home, the unemployment rate dropped 0.7 points to 7.8 percent in December, following 34 consecutive months of steady, albeit slow, private sector job creation. The long-term unemployment rate fell, too: Last month, the percentage of people out of work more than six months fell below 40 percent of all job-seekers for the first time in more than three years. Yet even as the quantity of jobs has increased, their quality has declined. Many of the newly reemployed have had no choice but to accept part-time jobs with lower wages and fewer benefits.

    The shift to a low-wage workforce began during the Great Recession, when businesses began laying off full-time workers and cutting hours to boost profits. By the end of 2009, the number of Americans working part-time for "economic reasons" had doubled to over 9 million the single largest spike since the Bureau of Labor Statistics began tracking part-time employment in 1955. Although that number has fallen somewhat today, many employers have opted to lock in those productivity gains at the expense of labor, leaving 7.9 million part-time workers unable to find better-paying, full-time jobs.


    Although the number of people working part time for "economic reasons" increased in response to the 2007-2009 recession suggesting that the rise of the part-time worker is temporary there is also reason to believe that the trends underlying the shift to an increasingly part-time, low-wage workforce are neither short-term nor cyclical.


    Global competition has pushed businesses to cut labor costs, either by boosting productivity with technologies that replace workers, or by cutting hours, wages and benefits to create a more "flexible" workforce. Without strong consumer demand to drive hiring or unions to defend their interests, workers have little leverage in the global economy. Rising income inequality has also contributed to this trend, creating a positive feedback loop of lower consumption, falling wages, sharper inequality and a growing population of part-time "working poor."

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    I work 2 jobs. Its a lot of working hours but its a way I can get ahead in this life so that's what I do. I have done this for years. Thankfully now my second job is something I love to do.

    I love the guys at my work that complain about wage "inequality" They are the ones loafing at work and doing drugs or partying when not at work. They might want to invest or save their money but apparently blowing it and blaming those who make more is easier for them to process. I could care less if someone parties but when they then blame others for their situation its complete BS.

    btw, minimum wage is $8 per hour now.

    My wife grew up dirt poor and her parents taught her to find a husband, have kids and stay at home raising them. Seeking an education for career was not a goal for her. When we got married our discussions led to a shift in her thinking. It took years for her to climb her way up even though she was set up to fail at having a career but her hard work and persistence has paid off. She now has a specialized career that gives her the freedom to work from home. No doubt her high IQ led to her success so that may be the real factor to look at.





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    A Shocking Hourly Wage

    My first job ever was bagging groceries and guess what? It sucked and the pay was shit. So you know what I did? I went to school and took jobs wherever I could, even if it meant working in another province, long hours, and doing hard dirty labour. On my current job I work 12hrs/day not including the commute but I'm now in the top tax bracket. I don't have time for much else other than the gym when I am on shift but that's the sacrifice I'm willing to make to get ahead financially. Lots of my friends said they would never do that because they like being home all of the time but those people are making maybe 20-30$ an hour..

    Another thing to add is I put off having kids until I'm financially secure enough that I know I can fully take care of them and pay for things like their post secondary education.
    Last edited by OfficerFarva; 01-19-2014 at 09:30 AM.

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    Quote Originally Posted by OfficerFarva View Post
    My first job ever was bagging groceries and guess what? It sucked and the pay was shit. So you know what I did? I went to school and took jobs wherever I could, even if it meant working in another province, long hours, and doing hard dirty labour. On my current job I work 12hrs/day not including the commute but I'm now in the top tax bracket. I don't have time for much else other than the gym when I am on shift but that's the sacrifice I'm willing to make to get ahead financially. Lots of my friends said they would never do that because they like being home all of the time but those people are making maybe 20-30$ an hour..
    Cost of living must be high for you frostbacks. $20-30/hr is pretty good in my area.


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    A Shocking Hourly Wage

    Quote Originally Posted by Warriorblaze View Post
    Cost of living must be high for you frostbacks. $20-30/hr is pretty good in my area.


    Warrior
    Housing is starting to get crazy, we're booming so the prices keep jumping up 10% a year or something along those lines. I should have added that they're working semi skilled jobs too, I'm not talking about cutting hair or anything like that.

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    Quote Originally Posted by Warriorblaze View Post
    How is it possible?

    Work harder. Go the extra mile. Get a career instead of a job.

    Minimum wage work ethic will never produce million dollar dreams.


    Warrior
    Those career jobs are disappearing leaving only menial, low wage jobs.
    If gunners were as violent as anti-gunners believe, logically there wouldn't be any anti-gunners left.

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    Quote Originally Posted by heavyiron View Post
    I work 2 jobs. Its a lot of working hours but its a way I can get ahead in this life so that's what I do. I have done this for years. Thankfully now my second job is something I love to do.
    you do realize that the nature of the "economy" changes from the rural area to the metro across each state and then between the states themselves,

    that's great that you have two jobs. A lot of us used to work 2 jobs when we were younger and times were different and at the start of our entry into the workforce. But now in a lot of places those days are gone, never to return and people are having problems finding one job. Some people have one crappy salary job and that's it, there aren't always options in reality for everyone and especially the people in there late 40's and 50's. Some of them may never work again, at least not earning any real income.
    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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    Quote Originally Posted by LAM View Post
    you do realize that the nature of the "economy" changes from the rural area to the metro across each state and then between the states themselves,

    that's great that you have two jobs. A lot of us used to work 2 jobs when we were younger and times were different and at the start of our entry into the workforce. But now in a lot of places those days are gone, never to return and people are having problems finding one job. Some people have one crappy salary job and that's it, there aren't always options in reality for everyone and especially the people in there late 40's and 50's. Some of them may never work again, at least not earning any real income.
    I'm in my late 40's and I still look for opportunities. Life many times is what you make it. However, I always make it my goal to keep learning. I don't want some 20 year old kid knowing more than me =)





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    Quote Originally Posted by heavyiron View Post
    I'm in my late 40's and I still look for opportunities. Life many times is what you make it. However, I always make it my goal to keep learning. I don't want some 20 year old kid knowing more than me =)
    All 20 year olds know more than someone in their late 40's that is over the hill.
    Just ask one of them. :-D

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    GOTD: Why Unemployed Workers Can

    GOTD: Why Unemployed Workers Can?t Just ?Get a Job?

    Blog Post by: Benjamin Landy , on January 16, 2014

    On December 28, roughly 1.3 million Americans lost their unemployment insurance after Congress failed to renew an emergency program that would have extended benefits for the long-term jobless.
    Three weeks later, lawmakers are still dithering. Some high-profile Republicans have joined Democrats in supporting another extension of the Emergency Unemployment Compensation program, although they disagree over how it should be funded. Others, like Senator Rand Paul, have suggested that providing unemployment insurance longer than the typical 26 weeks does workers "a disservice," lulling them into complacency.


    There are a number of reasons why Paul's comments were off base, from the bleak moral vision they represent to the numerous studies showing unemployment insurance actually helps workers stay in the labor force. But perhaps the most obvious rebuttal is this: Four years into the economic recovery, there are still less than 4 million job openings for more than 10 million unemployed people. Including the nearly 1 million Americans who also have no job but are counted as "discouraged" rather than "unemployed," that's approximately three job applicants per available position.


    For the millions of Americans without work or a financial lifeline, "get a job" isn't a policy solution. It's out-of-touch Washington condescension at its worst.

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    Quote Originally Posted by Warriorblaze View Post
    If you want it. Go work for it.

    Simple as that.


    Warrior
    no, there always has to be a victim. according to the democrat play book. page 56 it's not your fault. rule 1. blame everybody and everything but yourself.
    -S-

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    Quote Originally Posted by Bowden View Post
    All 20 year olds know more than someone in their late 40's that is over the hill.
    Just ask one of them. :-D
    Age doesn't equate to knowledge and intelligence, sorry to disappoint you..

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    Quote Originally Posted by OfficerFarva View Post
    Age doesn't equate to knowledge and intelligence, sorry to disappoint you..
    Age generally does equate to knowledge if there is a certain degree of intelligence there to begin with. Experience will teach anyone with enough intelligence to recognize their mistakes.

    Sent from my DROID RAZR HD using Tapatalk

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    Quote Originally Posted by Swiper View Post
    no, there always has to be a victim. according to the democrat play book. page 56 it's not your fault. rule 1. blame everybody and everything but yourself.
    it has nothing to do with political party affiliation but apparently with the ability to comprehend economics at above an 8th grade level which you can not. Because it's the same song being sung by the top economists all over the world.

    When household wealth and wages decline aggregate demand drops and employment remains high, this is economics 101.
    Last edited by LAM; 01-20-2014 at 04:25 AM.
    William F. Buckley describes a conservative as, "someone who stands athwart history, yelling Stop." - and then proceeds to drag civilization back to times best left in history's dungheap.

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