Tag Archives: minimum wage

Stealing Wages

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By GREGORY N. HEIRES Retailers bemoan the estimated $14.4 billion they lose each year to shoplifting. What they don’t like to acknowledge is that they steal more than that amount—an estimated $15 billion—by paying their workers less than the minimum … Continue reading






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The Minimum Wage and the Divide Between Wall Street and Main Street




By GREGORY N. HEIRES It’s always eye-opening to look at the divide between Wall Street and Main Street. The income gap gives you a sense of the depth and cost of inequality in the country, where an estimated 42 percent … Continue reading






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An Economic Recovery for the 1 Percent




By GREGORY N. HEIRES The evidence just keeps coming in: The country’s economic elites are the only ones who have benefited from the so-called economic recovery. The triennial Survey of Consumer Finances by the Federal Reserve Board, released this month, … Continue reading






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Municipalities Face Obstacles as They Seek to Address Inequality




By GREGORY N. HEIRES Rising inequality is a permanent fixture of our economy. That bleak assessment of our economic landscape is one of the troubling conclusions of a new report by the United States Conference of Mayors. “Unless policies are … Continue reading






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Lousy Job? It’s Your Fault!




By GREGORY N. HEIRES Technological change and inadequate education are often cited as the principal causes of our wage crisis. This argument, in a certain sense, blames workers for their plight. They are unwilling to invest sufficiently in their education, … Continue reading






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Book Review: When Government Helped




By GREGORY N. HEIRES The New Deal era beginning in the 1930s set up the government structure we enjoy today. But ever since, conservatives have waged a protected war on “Big Government.” The assault on government deepened with the presidency … Continue reading






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Wage Theft at McDonald’s




By GREGORY N. HEIRES The fast-food business model is based on wage theft. That’s the thrust of seven lawsuits that hit McDonald’s in three states last week. Employees are cheated out of overtime. They are forced to clock out when … Continue reading






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A Quarter Century Without a Raise




By GREGORY N. HEIRES Wouldn’t it be just lovely to go nearly a quarter century without a raise? Astonishingly, that’s what restaurant servers–whose wage floor is set by the federal government–face. Despite opposition from Republicans and business groups, President Barack … Continue reading






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Obama, de Blasio, Fast-Food Workers and the Challenge of Inequality




By GREGORY N. HEIRES The day after President Obama described inequality as the “defining challenge of our times,” fast-food workers walked off the job in 100 cities across the country, demanding to be paid $15 an hour and the right … Continue reading






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Who’s Getting Walloped by the Economy? Go Ask ALICE?




By GREGORY N. HEIRES Occupy Wall Street struck a deep chord with its notion that the fundamental divide in our country is between the “1 percent” and the rest of us. That facile rhetorical device brilliantly captured the sharpening of … Continue reading






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