Author Archive of Parachutech

Retire with Dignity

Let’s do more to help Americans save for retirement. Today, most workers don’t have a pension. A Social Security check often isn’t enough on its own. And while the stock market has doubled over the last five years, that doesn’t help folks who don’t have 401(k)s. That’s why ... I will direct the Treasury to create a new way for working Americans to start their own retirement savings: myRA. — President Barack Obama, State of the Union,

Read more
Hard Work Deserves Fair Pay

Minimum-wage workers across America need a pay raise. They could use the cash and so could the economy that would immediately receive every penny. Helping those on the lowest income rung does more good than that endlessly recycled shibboleth about tax cuts for the wealthiest empowering the economy. Yeah, prove it. Seattle’s internecine debate over a $15 minimum wage stalled Wednesday, but was revived Thursday by Mayor Ed Murray. I will concede

Read more