robertreich:

I was in Seattle, Washington, recently, to congratulate union and community organizers who helped Seattle enact the first $15 per hour minimum wage in the country.

Other cities and states should follow Seattle’s example.

Contrary to the dire predictions of opponents, the hike won’t cost Seattle…

edwardspoonhands:

I’ve recently become fascinated by why tuition costs have risen so much in the last 30 years. I mean…it’s insane, and it doesn’t result in a better education. It turns out, for the most part, that it’s marketing. Universities spending money so that they look better than other universities so they get more and better students so that they can make more money (largely via student loans.)

Student loans mean well, and they’re vital. But the education industry has been economically incentivized by their easy access to raise prices and get more students paying more. Schools that don’t spend lots of money on luxury dorms and top notch sports programs don’t grow…kids don’t go to them because, effectively, it’s the same price for 18 year olds because the loans are available.

We should start a university that costs $3000 per year, but you have to sleep on a cot with six other people in the room. Like Hogwarts.

robertreich:

This week, millions of young people head to college and universities, aiming for a four-year liberal arts degree. They assume that degree is the only gateway to the American middle class.

It shouldn’t be.

For one thing, a four-year liberal arts degree is hugely expensive. Too many young people…

erinred:

havocados:

youshallnotpassthistest:

defienceneverfear:

edwardspoonhands:

keab42:

cold-neverbotheredmeanyway:

ohitsjustkim:

stammsternenstaub:

kirkwa:

And This Is Why You Shouldn’t Get Sick In America

Many believe that the US healthcare system is the best in the world. Not so according to the World Health Organization’s ranking of the world’s health systems. The US doesn’t even rank in the top 25. It ranks 37th and is the most expensive in the world. I would argue that even if we had the best healthcare system in the world, what good is it, if no one can afford to access it.

Most companies are buying 60/40-policys for their employees these days, but even if you are lucky enough to have good insurance with 80/20-policy coverage, that 20 percent your responsible for can drive you right into bankruptcy as easily as the 60-40 policy given the cost of healthcare.

Insurance cost have been going up dramatically in the last two decades, long before the new Affordable Healthcare Act has taken affect, in some cases as much as 35% per year.

But have you noticed the latest trick the insurance companies have roll out?

Yes, Higher Deductible… most averaging $5,000 per year, per person, but I have seen some as high as $10,000 per year. For those of you that are wondering, this tactic is specifically designed too stop you from using your insurance. It reduces the insurance companies out of pocket liability by shift costs onto consumers, especially those dealing with chronic illness such as diabetes and arthritis. Consequently, because consumers can’t afford the deductible they will avoid necessary care to save money.

Although insurance companies are a problem, the real crook is the healthcare system it self. A corrupt and bloated system desperately in need of reform!

OKAY SO I KNEW THAT TECHNICALLY IN AMERICA THAT YOU PAY FOR HEALTHCARE BUT LIKE THE IDEA IS SO BIZARRE TO ME THAT I’D NEVER CONSIDERED THAT YOU’D GET… A BILL?????? FOR BEING…. ILL?????????? I LITERALLY DON’T

how can anaesthetic cost that much??

how is this legal??

WHAT? And I thought having to pay £7 ($11.55) for stronger prescription allergy meds instead of £4 ($6.60) for the less effective store-brand ones was ridiculous.

You have to pay for the ambulance!?

OK, I’m shocked by the prices, but all of the people from other countries who are just shocked that there ARE prices just make me so so sad.

This is so screwed up.

This is why I would never live in America…..someone is getting seriously rich off this shit..Thank fuck for the NHS!

What the fuck, America? Damn, guys, your government is evil, seriously

can we all just leave

Reblog simply because I cannot not reblog.

robertreich:

What someone is paid has little or no relationship to what their work is worth to society.

Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider…

lessig:

For the last week, I have been fighting furiously something I was 100% confident about: that we would not make it. That $5M was too big. That I was mistaken in setting the goal to high. And that this incredible movement of now close to 25k contributors would stop.

This morning, at 4am, I was doing everything I could to find a way to make it. White knights, etc., anything to get us to the $5M. But again, I was 100% certain we couldn’t get there.

But then, obligation intervened. My family and I had to race to Amherst, NH to walk in a parade with the #NHRebellion. Then the same in Merrimack. And again, for the whole parade, I was thinking about what I could possibly do to make it so we could make it.

The parade is over. I’m sitting in a Dunkin Donuts (“what’s the healthiest thing you have?,” I asked. “I take the 5th,” said the guy behind the counter), with a coffee, and an internet connection. And after conferring with the data mavens, here’s what I believe.

BELIEVE. Not “believe,” in that bullshit sense that anyone in a campaign says, but BELIEVE in the sense of this is what I think is true:

That we can make this. We have raised $1M in 1 day. We have 14 hours of Independence Day in America left (THANK YOU, Hawaii!). We are collecting donations faster than at any time so far. And we have less than $800k to go.

WE CAN MAKE THIS. It will take an INCREDIBLE effort by everyone, but if everyone presses, we can do this. Only with extraordinary effort, but with extraordinary effort, we will.

I can’t quite believe it. But it is true. It is the truth. We can make this.

Now please help us make it happen.

Share this: http://Mayday.US/Pledge

And thank you. From the bottom of my heart, thank you.

robertreich:

It’s often assumed that people are paid what they’re worth. According to this logic, minimum wage workers aren’t worth more than the $7.25 an hour they now receive. If they were worth more, they’d earn more. Any attempt to force employers to pay them more will only kill jobs.

According to this…

shortformblog:

Ever wonder what it’d be like if someone protested during a Supreme Court oral argument session—and someone got it on tape? Wonder no more: here’s a video of someone doing just that in a protest against Citizens United.

kateoplis:

Nobody wins, Everybody Pays
“On Sunday, Netflix agreed to pay Comcast an undisclosed amount to ensure that its videos stream smoothly to Comcast customers. But fans of Francis Underwood’s manipulations on House of Cards might want to temper their celebrations.
This is more than a deal between two giant companies: It will affect everyone who uses the Internet. And as with so many things involving Comcast, consumers will end up paying for it in the end.”
"Let’s be clear. The Comcast-Netflix agreement is not the outcome of a free market. This is Comcast having Netflix over a barrel, and backing off only when it became clear that this sort of trickery could potentially derail its mega-merger with Time Warner Cable."
"This is a critical moment for our country. If Comcast acquires Time Warner Cable, it will control 55 percent of the U.S. market’s pay-TV/Internet bundled customers. It will be the only provider of this advanced communications package to nearly four out of every 10 U.S. homes. With this much control over the platform we all use to communicate and share with the outside world, the new normal will be whatever Comcast wants it to be.
Our country used to guard against the consolidation of this much market power, but in recent years policymakers have forgotten the lessons of history. We need to put the “public” back into public policy and some teeth back into our antitrust enforcement.
The average Internet user is at the mercy of companies like Comcast and Verizon, which won’t hesitate to degrade their services as a negotiating ploy. We need a watchdog in Washington who will demand transparency and who has the authority to stop discrimination and anti-competitive behavior.”
Why The Comcast-Netflix Deal Should Worry You [*]

kateoplis:

Nobody wins, Everybody Pays

On Sunday, Netflix agreed to pay Comcast an undisclosed amount to ensure that its videos stream smoothly to Comcast customers. But fans of Francis Underwood’s manipulations on House of Cards might want to temper their celebrations.

This is more than a deal between two giant companies: It will affect everyone who uses the Internet. And as with so many things involving Comcast, consumers will end up paying for it in the end.”

"Let’s be clear. The Comcast-Netflix agreement is not the outcome of a free market. This is Comcast having Netflix over a barrel, and backing off only when it became clear that this sort of trickery could potentially derail its mega-merger with Time Warner Cable."

"This is a critical moment for our country. If Comcast acquires Time Warner Cable, it will control 55 percent of the U.S. market’s pay-TV/Internet bundled customers. It will be the only provider of this advanced communications package to nearly four out of every 10 U.S. homes. With this much control over the platform we all use to communicate and share with the outside world, the new normal will be whatever Comcast wants it to be.

Our country used to guard against the consolidation of this much market power, but in recent years policymakers have forgotten the lessons of history. We need to put the “public” back into public policy and some teeth back into our antitrust enforcement.

The average Internet user is at the mercy of companies like Comcast and Verizon, which won’t hesitate to degrade their services as a negotiating ploy. We need a watchdog in Washington who will demand transparency and who has the authority to stop discrimination and anti-competitive behavior.”

Why The Comcast-Netflix Deal Should Worry You [*]