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Minimum Wage

Minimum Wage

OAK BROOK, IL - MAY 21: Fast food workers and activists demonstrate outside the McDonald's corporate campus on May 21, 2014 in Oak Brook, Illinois. The demonstrators were calling on McDonalds to pay a minimum wage of $15-per-hour and offer better working conditions for their employees. McDonald's is scheduled to hold its annual shareholders meeting tomorrow at the campus. (Photo by Scott Olson/Getty Images)
OAK BROOK, IL - MAY 21: Fast food workers and activists demonstrate outside the McDonald's corporate campus on May 21, 2014 in Oak Brook, Illinois. The demonstrators were calling on McDonalds to pay a minimum wage of $15-per-hour and offer better working conditions for their employees. McDonald's is scheduled to hold its annual shareholders meeting tomorrow at the campus. (Photo by Scott Olson/Getty Images)
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OK, You’re Getting $15 An Hour; What Am I Getting?

As the Christmas shopping season accelerates the demand for higher wages continues. The two principal targets are McDonald’s and Walmart.

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MIAMI, FL - FEBRUARY 13: Hisham Uadadeh walks out of Leading Insurance Agency after enrolling in a health insurance plan under the Affordable Care Act on February 13, 2014 in Miami, Florida. Numbers released by the government showed that about 3.3 million people signed up for health insurance plans under the Affordable Care Act through the end of January. (Photo by Joe Raedle/Getty Images)
MIAMI, FL - FEBRUARY 13: Hisham Uadadeh walks out of Leading Insurance Agency after enrolling in a health insurance plan under the Affordable Care Act on February 13, 2014 in Miami, Florida. Numbers released by the government showed that about 3.3 million people signed up for health insurance plans under the Affordable Care Act through the end of January. (Photo by Joe Raedle/Getty Images)
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How’s That Affordable Care Act Working Out For You?

People confuse “Healthcare” and “Health Insurance.” The Affordable Care Act, or “Obamacare” as some people refer to it, is insurance — not healthcare.

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SAN FRANCISCO, CA - APRIL 19: A McDonald's employee prepares an order during a one-day hiring event at a McDonald's restaurant on April 19, 2011 in San Francisco, California. Hundreds of job seekers filled out applications and were interviewed at a San Francisco McDonald's restaurant during a one-day nationwide event at the chain as they look to fill 50,000 positions at stores nationwide. (Photo by Justin Sullivan/Getty Images)
SAN FRANCISCO, CA - APRIL 19: A McDonald's employee prepares an order during a one-day hiring event at a McDonald's restaurant on April 19, 2011 in San Francisco, California. Hundreds of job seekers filled out applications and were interviewed at a San Francisco McDonald's restaurant during a one-day nationwide event at the chain as they look to fill 50,000 positions at stores nationwide. (Photo by Justin Sullivan/Getty Images)
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Where Did 15¢ Hamburgers Go?

People use “the value of the dollar” as a justification of higher prices. “A dollar just doesn’t buy what it used to,” they opine. But is that really true?

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CENTENNIAL, CO - DECEMBER 06: Seniors attend a 'Medicare Monday' seminar at the Holly Creek retirement community on December 6, 2010 in Centennial, Colorado. Some 80 people crowded into a conference room to learn how federal health care reform will affect Medicare and their personal health insurance plans. Many seniors nationwide have been confused by the reforms and fear they will lose coverage. (Photo by John Moore/Getty Images)
CENTENNIAL, CO - DECEMBER 06: Seniors attend a 'Medicare Monday' seminar at the Holly Creek retirement community on December 6, 2010 in Centennial, Colorado. Some 80 people crowded into a conference room to learn how federal health care reform will affect Medicare and their personal health insurance plans. Many seniors nationwide have been confused by the reforms and fear they will lose coverage. (Photo by John Moore/Getty Images)
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How Secure Is Your Future Social Security?

If you're between the ages of 40 and 66 you need to seriously think about how much money you’re going to need in order to have any kind of comfortable lifestyle.

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WASHINGTON, DC - OCTOBER 17: Yahoo CEO Marissa Mayer speaks onstage at the FORTUNE Most Powerful Women Summit on October 17, 2013 in Washington, DC. (Photo by Paul Morigi/Getty Images for FORTUNE)
WASHINGTON, DC - OCTOBER 17: Yahoo CEO Marissa Mayer speaks onstage at the FORTUNE Most Powerful Women Summit on October 17, 2013 in Washington, DC. (Photo by Paul Morigi/Getty Images for FORTUNE)
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CEO’s And Minimum Wage – Let’s Do The Math

More pay to fewer workers will swell the unemployment lines and make more people dependent on government. Are you beginning to get the message?

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LONDON, ENGLAND - MARCH 27: Chefs prepare ahead of the announcement of the winner of the UK's most prestigious hospitality scholarship, the Le Cordon Bleu UK Scholarship Award 2013, receiving the award from chef Pierre Koffmann at a reception at Le Cordon Bleu's Centre of Excellence in London's Bloomsbury Square. Zoe McReynolds beat entrants from all over the UK to scoop the £30,000 prize, and will now study the world-renowned Le Grand Diplome at Le Cordon Bleu before enjoying an apprenticeship with Koffmann at Le Cordon Bleu on March 27, 2013 in London, England. (Photo by Ben A. Pruchnie/Getty Images For Le Cordon Bleu)
LONDON, ENGLAND - MARCH 27: Chefs prepare ahead of the announcement of the winner of the UK's most prestigious hospitality scholarship, the Le Cordon Bleu UK Scholarship Award 2013, receiving the award from chef Pierre Koffmann at a reception at Le Cordon Bleu's Centre of Excellence in London's Bloomsbury Square. Zoe McReynolds beat entrants from all over the UK to scoop the £30,000 prize, and will now study the world-renowned Le Grand Diplome at Le Cordon Bleu before enjoying an apprenticeship with Koffmann at Le Cordon Bleu on March 27, 2013 in London, England. (Photo by Ben A. Pruchnie/Getty Images For Le Cordon Bleu)
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The Youth Minimum Wage

This is a great way for an employer to bring in inexperienced help and take advantage of the 90 days to train and possibly develop a quality employee.

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BARCELONA, SPAIN - FEBRUARY 26: A cook prepares sweet 'Tapas' on the new restaurant 'Tickets' created by Ferran Andria and his brother Albert Adria on February 26, 2011 in Barcelona, Spain. Ferran Adria and his brother Albert Adria will open a new 'Tapas' restaurant under the name of 'Tickets' on March 1 in downtown Barcelona. (Photo by David Ramos/Getty Images)
BARCELONA, SPAIN - FEBRUARY 26: A cook prepares sweet 'Tapas' on the new restaurant 'Tickets' created by Ferran Andria and his brother Albert Adria on February 26, 2011 in Barcelona, Spain. Ferran Adria and his brother Albert Adria will open a new 'Tapas' restaurant under the name of 'Tickets' on March 1 in downtown Barcelona. (Photo by David Ramos/Getty Images)
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What Happens To That Tip You Give A Waiter?

Both Department of Labor and the Fair Labor Standards Act regulate tipped employees and their employers.

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NEW YORK, NY - SEPTEMBER 04: Protesters demanding higher wages and unionization for fast food workers march near Times Square on September 4, 2014 in New York City. Protests are planned in more than 100 cities throughout the U.S. today, as workers demand higher wages. (Photo by Andrew Burton/Getty Images)
NEW YORK, NY - SEPTEMBER 04: Protesters demanding higher wages and unionization for fast food workers march near Times Square on September 4, 2014 in New York City. Protests are planned in more than 100 cities throughout the U.S. today, as workers demand higher wages. (Photo by Andrew Burton/Getty Images)
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Are You Really Sure You Want A $15.00 Minimum Wage?

So if there is a $15 minimum wage, how much more are you willing to pay to enjoy your favorite McDonald’s, Wendy’s, Taco Bell, or Subway delicacies?

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LOS ANGELES, CA - NOVEMBER 5: Former U.S. Secretary of Labor Robert Reich awaits his introduction to speak to Occupy Los Angeles protesters after the Move Your Money March through the downtown financial district during what is being called Bank Transfer Day, on November 5, 2011 in Los Angeles, California. Occupy movement members are calling for people to move their money from banks to credit unions today in support of the 99% movement. (Photo by David McNew/Getty Images)
LOS ANGELES, CA - NOVEMBER 5: Former U.S. Secretary of Labor Robert Reich awaits his introduction to speak to Occupy Los Angeles protesters after the Move Your Money March through the downtown financial district during what is being called Bank Transfer Day, on November 5, 2011 in Los Angeles, California. Occupy movement members are calling for people to move their money from banks to credit unions today in support of the 99% movement. (Photo by David McNew/Getty Images)
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Do You See A Pattern Here?

Robert Reich is fighting a so-called war he perceives that conservatives (I guess that would be Republicans) have on the middle class and poor.

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ALBANY, CA - MAY 15: Customers shop at a Target store May 15, 2006 in Albany, California. Target announced a 12 percent rise in profit in its quarterly earnings report, falling short of market expectations. Target stock closed at $50.02, down $2.19. (Photo by Justin Sullivan/Getty Images)
ALBANY, CA - MAY 15: Customers shop at a Target store May 15, 2006 in Albany, California. Target announced a 12 percent rise in profit in its quarterly earnings report, falling short of market expectations. Target stock closed at $50.02, down $2.19. (Photo by Justin Sullivan/Getty Images)
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Stop Living Paycheck to Paycheck

Money is nothing more than a tool. It can be used against you, or it can be used to better your life.

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