“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.
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Katrina vanden Heuvel: Time to fight for a minimum wage increase
The federal minimum wage is now $7.25 cents an hour, about $15,080 for a full time, year round worker. At that level, it means poverty wages for a family of three, and weakened demand for the economy. As Cardinal Timothy M. Dolan and New York’s bishops concluded, this leaves workers “on the brink of homelessness, with not enough in their paychecks to pay for the most basic of necessities, like food, medicine or clothing for their children.”
Poverty wages offend both justice and common sense. It is time to raise the floor.
If today’s minimum wage were at its previous height in 1968, adjusted for inflation, it would be over $10.00 an hour.
The Economic Policy Institute (EPI) estimates that the recently-introduced proposal by Sen. Tom Harkin (D-Iowa) to lift the minimum wage to $9.80 over three years would give 28 million workers a raise. In a time of faltering growth, this money would be immediately spent, a direct boost to demand and the economy.
Bryce Covert: Income Inequality Keeps Poorer Americans Away from the Polls
It’s no secret that money and politics enjoy a nasty love affair in this country. And as Ari Berman has written here, the problem has gotten even worse this cycle after the ill-fated Citizens United decision unleashed the power of Super PACs. As he reports, campaigns are increasingly reliant on that money, yet “Super PACs on both sides of the aisle are financed by the 1 percent of the 1 percent.” That means the rich have an even more outsized impact on the outcome of the election.
At the same time, it’s been hard to miss the GOP’s relentless campaign to roll back voting rights in the name of eliminating the (mostly imaginary) threat of fraud. Many of those tactics will severely impact low-income voters and likely suppress their turnout in November, handing even more power over to the 1 percent.
There’s something else that suppresses their vote, however, even if they are legally able to do so. And that something is income inequality, as a new report from the OECD on the Better Life Index shows. Of the thirty-four countries included in the report, the U.S. ranks second to last in social inequality, bested only by South Korea. When it comes to income inequality we are at the extreme end of the scale, with levels similar to those of Cameroon, Rwanda, Sri Lanka, Ecuador, Nepal and Uganda.
Memo to the Earth Summit: ‘Green Economy’ should not mean monetizing nature
The 1992 Rio Earth summit established “sustainable development” firmly in the global political lexicon – even though the term meant, and continues to mean, different things to different people. For Stephan Schmidheiny, a CEO who was appointed chief adviser for business and industry at the summit and subsequently set up the World Business Council on Sustainable Development, it apparently means continuing with business as usual: in February, he was sentenced to 16 years in prison for the deaths of thousands of workers at his asbestos-cement factory.
As the Rio+20 anniversary conference approaches, a battle rages over the definition of another term: “green economy”. “A green economy in the context of sustainable development and poverty eradication” is a key conference theme. It sounds good, but what does it mean?
Allison Kilkenny: Student Movement Dubbed the ‘Mexican Spring’
A coalition of thousands of mainly university students, unionized workers, and farmers in Mexico City have taken to the streets to demand greater freedom of speech and also to protest the possible return of power by the Institutional Revolutionary Party (PRI).
One banner read, “I have a brain, I won’t vote for the PRI.”
The PRI is a member of the Socialist International, but don’t let the name fool you-the party is actually quite “centrist” (the term pundits usually use to describe center-right parties) in most of its policies. PRI’s main rival is the left-wing Party of the Democratic Revolution (PRD). (Mexican Spring poster in solidarity with Occupy Wall Street, via @mexicoOWS).
Dubbed the “Yo Soy 132” movement (Twitter users can follow protest updates by searching #YoSoy132), or the “Mexican Spring” by observers, this latest wave of protests marks the third large student demonstration in less than a week.
Mary Bottari: Is “Right to Work” Next on Walker’s Agenda?
Many are wondering if making Wisconsin a “Right to Work” state is next on Governor Scott Walker’s agenda if he wins the recall election on June 5. Right to Work laws weaken unions by allowing members to opt out of paying dues. Workers get the benefit of working in a union shop (higher wages, better benefits), but are not required to pay their fair share for union representation. Right to Work laws have been used effectively in the South to bust unions and keep wages low, which is why they are dubbed “Right to Work for Less” laws by opponents. The recent push for this legislation is emanating from the American Legislative Exchange Council (ALEC), where corporations and right-wing legislators vote as equals behind closed doors on “model” legislation.
This issue is newly on the radar of Wisconsin voters due to a video released earlier this month by the Milwaukee Journal Sentinel showing Governor Walker having a frank conversation with his largest campaign contributor shortly after he was elected. Beloit billionaire Diane Hendricks asks Walker how he will make Wisconsin a “red” state and if he will “work on these unions” and “become a Right to Work” state. Walker replies that the”first step” will be “to divide and conquer” Wisconsin unions through a budget bill dealing with public sector workers. One month after the video was filmed, Walker “dropped the bomb” and introduced his bill to strip some 380,000 public workers of 50 years of collective bargaining rights, starting a race to the bottom in wages and benefits.
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