Almost anything can become a catastropheOn a recent National Public radio broadcast, Barbara Ehrenreich, journalist and author of Nickel and Dimed and the new book Bait and Switch, and William Spriggs, senior fellow at the Economic Policy Institute, examine raising the minimum wage. Some have suggested that’s a logical first step toward change in the poverty and class division crisis highlighted by Hurricane Katrina.
Ms. Ehrenreich pointed out that if you’re making minimum wage, almost anything can become a catastrophe. If you get sick, losing one day’s pay could be the difference between being able to pay the rent and becoming homeless.
Thanks to The Wretched of the Earth for the link.