Hey you. You could use more synths and neon in your life.
sadly, a person making minimum wage in america would be baffled by seeing a bill larger than a $5 or $1. a good cartoon.
I just love how the artist used a one off personal experience to condemn every fast food worker in the industry.
works for the post office too
something thats throwing me about this cartoon is how it basically seems to be saying “people who arent good at math dont deserve money”
"alright look, i’m not SAYING i support eugenics through poverty, but i would if it wouldn’t get people mad at me." - these cartoonists
President Obama will address the nation on the threat posed by ISIS and how the U.S. intends to respond tomorrow night at 9pm ET, White House announces
drink every time he mentions 9/11 as he justifies whatever we’re about to do with a televised speech on the eve of 9/11
Another background experiment.
I think raising the minimum wage is a great idea. It will reduce the number of people living in poverty by at least 2%. The average minimum wage earner may not be below the poverty line, but they are a working class person who could also seriously benefit from a raise.
As for the issue of inflation, that’s not something we have to worry about, for two reasons. The first is purely empirical: a study by the Institute for the Study of Labor (a German research group) reviewed existing work on how the minimum wage effects prices and found:
Despite the different methodologies, data periods and data sources, most studies found that a 10% US minimum wage increase raises food prices by no more than 4% and overall prices by no more than 0.4%.
Raising the minimum wage to $10.10 (the most popular proposal in Washington) would be a 39.3% hike, resulting in a maximum price hike of 15% for food and 1.5% across the board. This is certainly a manageable impact on prices. Raising it to $15 would have more severe effects; it would be a 106.9% increase, resulting in a maximum price hike of 42.8% and 4.3% across the board. This is one of the reasons that I think the $10.10 proposal is superior.
My second point is that even this inflation may actually be a good thing. It’s commonly agreed upon that moderate inflation is healthy for an economy, especially under present circumstances. It’s known to increase consumption and investment, assist debtors in paying off their debts, and increase employment by allowing businesses to become more profitable. In the words of the somewhat conservative economist Kenneth Rogoff:
Weighed against the political, social, and economic risks of continued slow growth after a once-in-a-century financial crisis, a sustained burst of moderate inflation is not something to worry about. On the contrary, in most regions, it should be embraced.
As a matter of fact, the Federal Reserve (our country’s central bank) is actually struggling with the fact that inflation is below our 2% goal. The reasons for this are quite complicated, and are another story for another day. The point is that a bit of inflation may not actually be a bad thing.
Tattoo and design by Igor Pereira - Brasil
Most artists take their invitation to DJ for Boiler Room very seriously. Then there is Grimes. The Boiler Room hit Ibiza today for a party at influential electronic artist/DJ Richie Hawtin’s house, and Grimes was present to provide music for an hour. Instead of digging for some deep cuts and giving the people what they want, Grimes took a very different route.
Her set included Taylor Swift, Daddy Yankee, Venga Boys, and, of course, Mariah Carey’s “All I Want For Christmas is You.” She played the music off of her iPod.