“The “paid-what-your-worth” argument is fundamentally misleading because it ignores power, overlooks institutions, and disregards politics,” says Robert Reich.
Robert Reich Debunks The GOP Lie That People Are ‘Paid What They’re Worth’
Credit: 401(K) 2013
March 19, 2014

Via Americans Against The Tea Party:

Assuming that people are paid what they’re worth, that makes minimum wage workers worth a mere $7.25 an hour. Corporations refuse to pay more because they think this would “kill jobs”.

When General Motors was the largest employer in America fifty years ago, their employees were paid a whopping $35 an hour in current dollars. Walmart, America’s present largest employer, pays average employees a measly $8.80 an hour.

This does not mean that GM employees were more intelligent or had more skill than the current Walmart employees. In fact, the opposite holds true: many GM employees fifty years ag...

Continue reading...

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Discussion

We are currently migrating to Disqus

On May 14, 2022, we started migrating our comments from Insticator back to Disqus. During this transition period, some posts will have Insticator and some Disqus. For more information on the transition, as well as information regarding old C&L accounts, please see this post.


We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.