Petition to get all cops to wear cameras:
Come on spread it!
Some dreary news to get your Tuesday started.
U.S. jobs pay an average 23% less today than they did before the 2008 recession, according to a new report released on Monday by the United States Conference of Mayors.
In total, the report found $93 billion in lost wages.
Jobs lost during the recession paid an average $61,637. As of 2014, jobs in the same sectors paid an average of $47,171 annually.
"Under a similar analysis conducted by the Conference of Mayors during the 2001-2002 recession, the wage gap was only 12% compared to the current 23%—meaning the wage gap has nearly doubled from one recession to the next," stated the Conference of Mayors in a statement.
The report also found that 73% of metro area households earn salaries of less than $35,000 a year.
President Barack Obama, who is on a two-week vacation at Martha’s Vineyard, has yet to comment on the dour economic findings.
As I’ve said before, unlike so-called income inequality, which might be an indication of a problem and not a problem in and of itself, the decline of income and net worth are real problems. In other words, how much money one makes is much more important than how much money they make relative to their neighbor.
And here’s the great irony that the majority fails to understand: When government tries to make income more “fair”, the income gap widens and wages fall. Conversely, when freedom is allowed to flourish, not only is more wealth created, but that wealth is naturally spread out over a broader group via the free market (the rich will purchase things, invest, hire, etc.).
Sure, the American economy is a resilient one that might become strong again. But rest assured it will not be because of any government program. Rather, it will be in spite of it.
There are those, who having never been taught this basic truth, will automatically reject it, as it sounds non-intuitive or, perhaps, because it’s more comfortable knowing that someone is “in charge” of the economic situation. But let me encourage you not to do this. The most effective way to spread the wealth is through unbridled liberty.
We expect to hear stories on repressing freedom of speech in countries like Russia, not in the U.S. But right here in the land of the free, American universities, the pillars of protest movements and open dialogue, are suppressing free speech.
In response, the first-ever coordinated legal battle against U.S. universities was filed on Tuesday in four states as part of the “Stand Up for Speech” litigation project. Three-fifths of public colleges violate the First Amendment by imposing free speech policies on their campuses.