Thought for today: âWe are what we repeatedly do.â Aristotle
And some things, we repeatedly do over and over. Take Ferguson, possibly becoming a new Selma. Or take our bad economy, or take Afghanistan.
This month, Americans got some news the media spun as good: The US unemployment rate fell to the lowest level since late 2007. The 5.8% unemployment rate has been seen as proof of economic recovery. But, the jobs created were mostly part-time work, often at low pay. Yes, these jobs provided employment, but did little to improve the overall economy.
As a result, an increasing number of Americans â 800,000 more than last year â have taken a second or third job, according to the BLS. This is Americans taking jobs they donât really want, unable to pay their bills despite work, and relying on food banks and welfare to make up the difference.
And the problem is growing. In October, about 7 million Americans had part-time jobs but wanted to work full-time. Over 2.1 million Americans rely on two part-time jobs to see them through. Another 4 million have one full-time job and one part-time job, a number that increased by 444,000 since last year.
These workers earn minimum or near-minimum wage, bringing home less than $1,000 a month. In 2013, 468,000 retail workers earned minimum wage or lower. According to Pew Research Center, 1.4 million cashiers â the most common part-time job â earn less than $10.10 an hour. Part-time Walmart workers often bring home between $200 to $400 every two weeks. This is a weak contribution to our economy. These workers, despite being employed, end up relying on government assistance in the form of food stamps and housing subsidies. And when the food stamps run out, they turn to their communities and the local food banks. So, there were Black Friday demonstrations atWalmart stores all across America, and some cities had this response:
Part of your taxpayer dollars are paying Wal-Mart employees the money that the Waltonâs refuse to pay them. This isn’t complicated. If you have a job at Wal-Mart and you still need Medicaid, food stamps and subsidized housing, then you aren’t just getting shafted by the Waltonâs. You’re also being paid your missing wages by the federal government. Another piece of your tax dollars supported military-style protection at Walmart as a partial response to the Black Friday demonstrations.
As Aristotle said, we are what we repeatedly do. Americans arenât deadbeats. The Waltonâs are the deadbeats.
Black Friday means something radically different to the homeless:
New normal on Thanksgiving:
Life in the Billionaireâs bubble:
Who gets the benefit of the doubt?
No need to attack America: