Business Insider reports that Wal-Mart is feeling the pinch, with workers running out of money before the can come and shop. The culprit, according to Business Insider, is the sunsetting of the payroll tax cuts, resulting in an increase in tax of "$60 a month for someone making $40,000 a year."
Now, you can examine this problem in two ways. The stupid, pointless way is to say, boy, it's too bad out payroll tax went up by $60 for so many people. The smart way is to wonder why wages are so low that $60 a month is such a burden on so many people.
Absolutely nothing can be done to address this country's problems until people are willing to admit that our economy has become a machine for siphoning more and more resources to those at the top. Nothing of value at all.
Tuesday, 19 February 2013
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment