Australian fast-food workers make at least twice the U.S. minimum wage and get many more benefits.
Salvatore Babones is a senior lecturer in sociology and social policy at the University of Sydney and an associate fellow at the Institute for Policy Studies (IPS). He holds both a master’s degree in statistics and a Ph.D. in sociology from the Johns Hopkins University. Before moving to Australia in 2008, he worked in financial risk management and taught sociology and statistics at several U.S. universities. His academic research focuses on income inequality, economic development, and statistical methods for comparative social science research. He writes a weekly column for the Inequality.org website and contributes to progressive websites and newsletters across America. Read about his upcoming book on the American economy, Benchmarking America, at BenchmarkingAmerica.com and visit his personal website, SalvatoreBabones.com. Dr. Babones welcomes e-mail and is always happy to contribute opinions and expertise to a good cause.
As state anti-poverty programs around the country confront severe budget cuts, today's report indicates income inequality has reached an all-time high.
If America could eliminate most serious poverty in the United States in the 1960s, surely we could do the same today.
A slow descent wouldn't be disastrous.
If the deficit disappears, our economic nightmare might finally come to an end.
Families with two breadwinners can end up paying more than twice as much in Social Security taxes as families with just one income.