CALL (213) 992-3299

Posts Tagged ‘economy’

2009 Federal Minimum Wage Increases to $7.25

On July 24, 2009, the federal minimum wage increased from $6.55 an hour to $7.25 an hour. According to NPR’s “Your Gains, Losses in Minimum Wage Hike”, the roughly 5 million wage earners who make less than $7.25 an hour will see an immediate benefit, as likely will another approximately 10.5 million wage earners above…

Read More

Our National Deficit – Who Do I Blame?

Is anyone else concerned about the direction our country is heading towards? Because I know I am. Here is just one symptom of the problem, our nation’s skyrocketing budget deficit. The US has charged up its credit card like a spoiled teenager. And I believe there’s going to be hell to pay when the bill…

Read More

U.S. Workers: Say Farewell to Job Growth

I’m no economist but I’ve long thought that one of the biggest problems facing the US economy is the fact that the US worker has become increasingly irrelevant in the global marketplace, largely because of the loss of US leadership in numerous key industries. Long gone are the days when US companies sat atop the…

Read More