The Big Difference Between Women and Men’s Earnings After College

More College Degrees, Lower Wages

gender gap graphic womens equality dayThe following article by Antoinette Flores was posted September 13, 2016, on the American Progress website:

A college education may be called the great equalizer, but when it comes to the gender wage gap, it still has some ways to go. Among federal financial aid recipients, working women’s earnings 10 years after they first enrolled in college are lower than working men’s earnings only six years after enrolling at public and private nonprofit four-year colleges.

This finding comes from a Center for American Progress analysis of data released with the College Scorecard, an online consumer choice tool updated by the U.S. Department of Education last fall that contains information on institutions of higher education. In particular, the scorecard includes the first comprehensive look at students’ mean earnings by institution and gender based on the year they first enrolled in college. Obtained through a data match with the U.S. Department of the Treasury, this information provides a robust picture of how quickly the gender wage gap materializes and grows after college. Continue reading “The Big Difference Between Women and Men’s Earnings After College”

Middle class incomes had their fastest growth on record last year

Democrats bad for the economy?  They’ll just tax and spend and that will hurt average people?  Not so much by the look of it:

The following article by Jim Tankersley was posted on the Washington Post website September 13, 2016:

16-09-13-wapo-middle-class-chart

The incomes of typical Americans rose in 2015 by 5.2  percent, the first significant boost to middle-class pay since the end of the Great Recession and the fastest increase ever recorded by the federal government, the Census Bureau reported on Tuesday morning.

In addition, the poverty rate fell by 1.2 percentage points, the steepest decline since 1968. There were 43.1 million Americans in poverty on the year, 3.5 million fewer than in 2014.

The share of Americans who lack health insurance continued a years-long decline, falling 1.3 percentage points, to 9.1 percent.

The numbers, from the government’s annual report on income, poverty and health insurance, suggest the recovery from recession is finally beginning to lift the fortunes of large swaths of American workers and families. Continue reading “Middle class incomes had their fastest growth on record last year”

Minnesota Republicans Need to Answer Whether They Stand By Trump’s Derogatory and Reckless Remarks

Trump’s Comments on US Generals being reduced to “rubble”; his praise for Vladimir Putin should disqualify him from being Commander-in-Chief

Republican presidential nominee Donald Trump speaks in Daytona Beach, Fla., on Wednesday. (Evan Vucci/Associated Press)
Republican presidential nominee Donald Trump speaks in Daytona Beach, Fla., on Wednesday. (Evan Vucci/Associated Press)

Last night Donald Trump took his anti-American perspective on foreign policy to a new level by bashing America’s military command and praising Vladimir Putin. This is just another in a long line of comments by Donald Trump that call into question his fitness to be Commander-in-Chief.

“Minnesota Republicans need to say whether they agree with Donald Trump and his bizarre comments bashing our military and praising Vladimir Putin,” said DFL Chair Ken Martin. “This is no longer a joke. If elected, Donald Trump will be responsible for the safety of every American. Even Minnesota Republican Chair Keith Downey says that Trump is a ‘huge risk’ and it’s time know whether Erik Paulsen, Jason Lewis, Stewart Mills and the rest of Minnesota Republicans agree. After all, he’s their nominee. It’s time stop ducking and dodging and say once and for all where they stand on Donald Trump’s reckless national security agenda and his admiration for dictators.” Continue reading “Minnesota Republicans Need to Answer Whether They Stand By Trump’s Derogatory and Reckless Remarks”

Party of Trump Alive and Well in Minnesota

Minnesota Republicans following GOP nominee’s divisive lead

Osmek, DavidMinnesota Republicans continue to follow Donald Trump’s divisive lead by embracing his ignorant and detestable rhetoric.  In a week where the GOP presidential nominee is trying to pivot away from past offensive statements on race, immigration and religion, Minnesota Republicans are feeding off of the toxic culture he has created. 

This week, Republican State Senator David Osmek echoed the dystopian vision of the GOP standard bearer on an appearance on the AM 1130 Morning Show when talking about education:

“Boy, those schools are just doing a crack job aren’t they? Whoops, I shouldn’t use crack and schools and Minneapolis because frankly there’s probably a lot of it there.” [TCNT Morning Show, Monday 8/22/16] Continue reading “Party of Trump Alive and Well in Minnesota”

DFL Chair Ken Martin on Donald Trump’s Hold on Minnesota’s Republican Party

“On Thursday morning, Speaker Kurt Daudt said that Donald Trump is great for the Minnesota Republican Party. I am constantly astounded by the Party’s acceptance and support of a candidate whose campaign is built on bigotry and discrimination.

“On the heels of Trump’s racist comments about a federal judge, and the prejudicial statements made by Rep. Tony Cornish and candidate Ali Jimenez-Hopper, the Party’s embrace of this toxic rhetoric is a troubling trend that has no place in Minnesota.

“These tone-deaf statements minimize the very real issues that many Minnesotans face. It’s time for Speaker Daudt and Minnesota’s Republicans to stop blindly following Donald Trump’s divisive lead and prioritize the needs of Minnesotans they are running to represent.”

Longest period of private-sector growth in U.S. history

In the six months before President Obama took office the stock market lost half of its value, and through the Great Recession millions of Americans lost their jobs, homes and savings. Today’s jobs report showed that under President Obama, our unemployment is the lowest it’s been since 2007 and we have now had 75 straight months of private-sector job growth – the longest stretch on record. Clearly we still have more work ahead to expand opportunity for all Americans and ensure wages grow to meet the needs of hard-working families, but this is progress that the American people can be proud of.

America’s CEOs Saw Big Bumps in Pay, Even if Stocks Didn’t

The Associated Press released the following article posted on the NBC News website May 27, 2016:

Income Inequality Cant Do ItCEOs at the biggest companies got a 4.5 percent pay raise last year. That’s almost double the typical American worker’s, and a lot more than investors earned from owning their stocks — a big fat zero.

The typical chief executive in the Standard & Poor’s 500 index made $10.8 million, including bonuses, stock awards and other compensation, according to a study by executive data firm Equilar for The Associated Press. That’s up from the median of $10.3 million the same group of CEOs made a year earlier. Continue reading “America’s CEOs Saw Big Bumps in Pay, Even if Stocks Didn’t”