Page 14 - Wage Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Not just a wage issue. you kick it up in the bottom, push it all the way up. pushing economics. the question is, will that be good for the economy? i remember henry ford that wasn't great in some issues, but he said i want my workers to be able to buy one of my cars. which is smart. >> exactly. the difference is -- one thing the recession did was a great leveller. before you had a middle class, you had a striving middle class and sort of identifying themselves in a lot of ways with the rich. the apparitional 1990s where everybody feels like i could be a dot-com millionaire. now you have people...

Stagnant wage issue are the biggest problems. >> that's an indecter of the confidence and improvement. we'll be watching that. thank you very much. >> thank you. and now, i thought we were going to get to hear the song. no, no song today? here we go. ♪ baby we were born to run >> i mean, come on. we had to hear bruce. bruce springsteen's original handwritten lyric sheet for this song, born to run, has just sold for $197,000 at auction. the rough draft of the hit contained most of the lines of the 1974 version. it sold to a private bidder. if i had the money, i mean, can you imagine framing...

Less than $12 an hour. somewhere in the $9 to $10 range. if you doll have full-time work, even full-time work at that kind of wage, you're kind of bumping around the poverty line. as you suggested in your introduction and those protesters were underscoring this point, a lot of those folks don't have the full-time work. there is definitely a wage issue in play here into walmart has launched a sort of counter offense if you will of tv ads touting happy employees with all their personal accounts of how great things are. the coe spoke out on the today show, too. here's a clip what he had to say. >...

>> i think you shouldn't make 20 million this year because we lost a lot of money. >> and even that provision has been stalled. >> josh, how do you understand it? >> well, i think there is a shirt trend and a long-term trend here, the reason the substantial gains have gone to the 1% at this point is there is essentially zero gains for the rest of the country, the wage issue. to fix that, you need a tighter market, the government should have been doing things like running deficits, we should have had a calmer monetary policy, there should have been aggressive action on housing. this should have...

Referenced, carl rove, shell don addleson, the coke brothers, the super pacts, they didn't win up winning at the end of the day. it was ordinary people who maybe kicked in a couple of bucks, who stood in the long lines, who actually won the election. and that is just a beautiful, encouraging thing for this democracy. >> so the best trend was big money losing? >> big money losing. >> i think the best political trend of this political season was the demise of gay rights as a wage issue. notice, in all three debates, it never came up. it was never even hinted at, in any talk, pro or con, about ga...