Easter Bunny and Tooth Fairy officially deemed "essential workers" by New Zealand Prime Minister

From the Washington Post:

During a time of global crisis, climbing death tolls and widespread uncertainty, New Zealand Prime Minister Jacinda Ardern has been hailed globally for her compassionate handling of the coronavirus pandemic.

She continued to win hearts Monday when she clarified who exactly has made a list of “essential workers.”

“You’ll be pleased to know that we do consider both the tooth fairy and the Easter Bunny to be essential workers,” she said, smiling. “But as you can imagine, at this time they’re going to be potentially quite busy at home with their family as well and their own bunnies.”

It's not clear if these essential workers are also deserving of a living wage like all other essential workers, or if trickle-down economics will impact the income of Tooth Faeries across the globe. In my humble opinion, even immortal cryptids deserve fair compensation for their labor.

Tooth fairy and Easter Bunny are ‘essential workers,’ New Zealand’s Jacinda Ardern confirms [Jennifer Hassan / Washington Post]

Image: Public Domain via NeedPix Read the rest

Minimum Wage Machine dispenses free money at the simple turn of a crank

Take as much money as you want, at $7.25 an hour (current Fed minimum wage). All you have to do is turn the crank, which dispenses one penny every 4.97 seconds. Easy money, right?

This brilliant art piece by Blake Fall-Conroy provides a visceral demonstration of just how little $7.25 an hour really is. If cranking this handle starts to quickly feel not worth the effort, imagine doing an actual job and making this little. Nearly two million Americans know the feeling daily.

Details here.

Image: Used by permission of the artist Read the rest

Economists reverse claims that $15 Seattle minimum wage hurt workers, admit it was largely beneficial

Earlier this year, a group of business school researchers from the University of Washington and NYU, as well as Amazon, published an influential paper claiming that the rising Seattle minimum wage had decreased take-home pay for workers by 6% due to cuts to work hours -- the paper was trumpeted by right-wing ideologues as examples of how "liberal policies" hurt the workers they are meant to help. Read the rest

Restauranteurs' association dismayed when their private poll on minimum wage reveals a nation in support of their low-paid staff

The National Restaurant Association privately commissioned GOP pollster Frank Luntz and his company LuntzGlobal to poll Americans on their support for raising the minimum wage, a policy they staunchly oppose; that poll has now leaked, and it reveals a nation that stands in solidarity with low-waged workers, with 71% of Americans supporting raising the minimum wage to at least $10, even if they have to pay higher prices as a result. Read the rest

How Minnesota's governor performed an economic miracle by raising tax on the rich and increasing minimum wage

By every measure, Minnesota governor Mark Dayton's five year run as governor has been a stellar success: while Tim Pawlenty, his tax-slashing, "fiscally-conservative" Republican predecessor presided over a $6.2B deficit and a 7% unemployment rate (the mere 6,200 jobs added under Pawlenty's 7-year run barely registered), Dayton added 172,000 new jobs to the Minnesota economy, brought Minnesota down to the fifth-lowest unemployment rate in the country, and brought the average Minnesotan income up to $8,000 more than the median US worker, while posting a $1B budget surplus. Read the rest

Earn 1 cent every 4.5 seconds for turning a crank

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Full-time minimum wage workers can’t comfortably afford a 1-bedroom apartment anywhere in America

The National Low-Income Housing Coalition has released a new report with a startling fact Read the rest

What does minimum wage get you

Billy Domineau at Matter: If you have a minimum wage job ($7.25/hour), you need to work 55 hours to buy an iPhone 6 Plus (64 GB), and 149 hours for a year of Verizon service; 74 minutes gets you a Sara Lee Frozen Apple Pie. Read the rest