Khamis Neshbahri earned a salary of 700 Singapore dollars ($550) a month when he began cleaning office buildings 11 years ago. His wages haven't budged since then while his cost of living has continued to climb.
SINGAPORE (AP) -- Khamis Neshbahri earned a salary of 700 Singapore dollars ($550) a month when he began cleaning office buildings 11 years ago. His wages haven't budged since then while his cost of living has continued to climb....
The halting economic recovery in the years since the Great Recession has created hardships for many American workers, but people in some areas have had it much worse than others. While the employment conditions in some states are relatively strong, others continue to feel the effects of low wages, high inflation, unemployment and rising taxes.
Hundreds of employees from stores such as McDonald’s Corp., Macy’s Inc. and Victoria’s Secret walked off the job Wednesday in Chicago for higher wages, three weeks after a similar strike by fast-food workers in New York.
Singaporeans went to the polls on Saturday with opposition parties hoping to reduce the government's overwhelming majority amid voter discontent over the cost of living and immigration policies.The ruling People's Action Party (PAP), in power since 1959, won 82 of the 84 seats contested in 2006 but has faced its most vigorous challenge in decades.Six opposition parties are fighting the PAP, which was taken aback by the depth of voter resentment during the campaign, forcing the government to issue a rare apology for policy mistakes and appeal for support from new voters.
I know that’ll come as an absolute stunner, huh? Not really. Regulation costs money. It costs money for compliance enforcement, which comes from taxes, and it costs companies money for compliance in the form of higher costs – costs that are passed on to consumers.
So? So – from the Mercatus Center at George Mason University, find out: