More concerning than lavish parties amidst economic hardship is the reliance of 42 million Americans on SNAP benefits. This reliance stems from the federal minimum wage, stagnant at $7.25 for 16 years, failing to keep pace with rising costs and the economic realities faced by full-time workers. While proposals like the “Raise the Wage Act of 2025” aim to increase the minimum wage, its failure to increase in 16 years sends a powerful message that the government does not prioritize workers, thereby increasing the dependence on federal assistance programs.
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Reelected President Trump’s economic policies threaten to reverse recent gains made by American workers. His proposed mass deportation of undocumented immigrants and imposition of high tariffs would negatively impact the economy, increasing prices and causing labor shortages. Simultaneously, his anti-union stance, including the appointment of anti-labor officials and support for firing striking workers, jeopardizes recent improvements in wages and union membership. These actions, coupled with his broader agenda outlined in Project 2025, risk significantly lowering the standard of living for American workers. The potential economic consequences of his second term are dire.
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The irony of GM’s profit nearing record highs a year after claiming it couldn’t afford to meet its workers’ pay demands seems almost comical at first glance, but beneath that surface is a grim reality that speaks volumes about the state of corporate America. I find myself reflecting on how often I’ve encountered this narrative, where companies cry poverty just as they are about to close negotiations that could lead to meaningful improvements for their employees. It’s a playbook that’s become all too familiar over the years.
When GM executives, led by CFO Paul Jacobson, proclaim about the strong revenue growth and profitable operations while simultaneously refusing to uplift workers’ wages, I can’t help but feel a knot in my stomach.… Continue reading
John Q. Hosedrinker