BUENOS AIRES (AFP) – Thousands of workers marched in Argentina’s capital Wednesday seeking to double the minimum wage to cope with sky-high inflation.
Prices have been rising steadily in recent months particularly since January, when the peso shed 18 per cent of its value against the US dollar.
Workers with the Argentine Workers Federation representing teachers and government workers marched on the landmark Plaza de Mayo square and the Casa Rosada government house.
Union chief Pablo Micheli said the workers were seeking a minimum wage of 9,000 pesos (S$1,447 per month) – more than twice the current minimum of 3,600 pesos a month.
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Last night, Bill Maher delivered an excellent final New Rule on how some of the 1% are whining about feeling persecuted.
Did you know that during World War II, FDR actually proposed a cap on income that in today’s dollars would mean that no person could ever take home more than about $300,000? OK, that is a little low. (audience laughter) But wouldn’t it be great if there were Democrats out there like that now, who would say to billionaires, “Oh, you’re crying? We’ll give you something to cry about. You don’t want a minimum wage? How about we not only have a minimum wage, we have a maximum wage?” (audience applause)
That is not a new idea. James Madison, who wrote our Constitution, said, “Government should prevent an immoderate accumulation of riches.” Washington, Jefferson, Hamilton, they all agreed that too much money in the hands of too few would destroy democracy.
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