Wednesday, February 10, 2016

A majority of low-wage workers earn so little they must rely on public assistance to make ends meet

A majority of low-wage workers earn so little they must rely on public assistance to make ends meet:

"When corporations pay wages so low that working people must rely on public assistance, taxpayers are effectively subsidizing these companies to make up the difference between what workers make and what they need to support themselves and their families. Meanwhile, corporations continue to post extraordinarily high profits and CEOs’ salaries continue to climb. Of the many policies that would lift wages, raising the minimum wage is the simplest way to help millions of low-paid workers pay the bills and ensure that businesses are doing their fair share to provide working families with the means to a decent life. Higher wages would also free up billions of dollars that could be used to strengthen anti-poverty programs, fund new education initiatives, or make economy-boosting investments."

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