California’s minimum wage hike causing mass exodus, implosion in the garment industry… economic suicide is now official policy
California Governor Jerry Brown signed legislation on April 5, 2016 that would raise the hourly minimum wage in California to $15.00. Translated, an individual working at McDonald’s forty hours a week (minus taxes, SSI, etc.) would bring home $31,200. That’s a far cry from the $7.25 minimum wage still in effect in many states. This new price hike won’t take Read More
BREAKING: US manufacturing index collapses to lowest point in nearly 2 years as global stocks plummet
(Collapse.news) In keeping with falling financial markets in the world’s biggest economies – the U.S., Europe and China – American manufacturing is also taking a hit, as even adjusting economic figures seasonally, often used as an accounting trick by Uncle Sam to put lipstick on a pig, cannot hide the obvious. As reported by Zero Read More
