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Third World Immigration Lowers Wages, Depresses Economy

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Mass Third World immigration has caused an overall decline in wages in the low-skilled work sector in America, and has forced a drop of nearly 10 percent in the national labor-force-participation rate—which measures all those working or looking for work, according to new data released by the Center for Immigration Studies. Center Director of Research Steven Camarota said that the, the Center’s... 

Obama Vows to Stop Bill that Boosts Wages and Removes Small Business Regulations

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They’re living lavish lives, so they don’t care about you! President Barack Obama will veto a new bill to remove many regulations burdening small businesses and schools if Congress approves it, the White House said in a statement. The statement criticized the bill, known as the Regulatory Relief for Small Businesses, Schools and Nonprofits Act, claiming it would delay implementation of... 

Liberals Sign Petition to Impose 10% “Male Privilege Tax”

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Liberals signed a petition to address “income inequality” by imposing a 10% “male privilege tax” on all men in the latest Mark Dice ‘man on the street’ video which illustrates how much leftists are divorced from reality. Asked to support an additional 10% tax on men’s income, one woman responded, “I’ll definitely sign for that,” before adding, “Yeah I’ve never heard of that... 

Top CEO pay has increased by 54% since 2009

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The pay of top CEOs from the 350 largest companies in the US has increased by 54.3 percent from 2009, to an average of $16.3 million per year – six times greater than that of the top 0.1 percent of wage earners, according to new study. According to the study by the progressive think tank Economic Policy Institute, $53,200 was the average annual salary of the worker in 2009 and it has remained stagnant... 

Saudi Arabia braces for $39 billion deficit, to cut wages due to low oil prices

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The number one crude oil exporter, Saudi Arabia, has projected a $39 billion deficit in 2015. The impact of lower oil prices, along with the decision not to cut production, is putting pressure on the country’s finances. The figure was part of the endorsed 2015 budget, which was made public in a statement read out on state-run television on Thursday. The estimated trade deficit will be Saudi Arabia’s... 

Fast-food 'wage theft' protests staged across US

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Low-income fast-food employees and their supporters in the United States held rallies in at least 30 cities on Tuesday against “wage-theft” by McDonalds and other major fast-food restaurants. American fast-food workers, who’ve been pushing for living wages of around $15 an hour since late 2012, are now shifting their attention to the issue of wage theft by the US restaurant industry. Protesters... 

FIFA's Blatter backs EU calls on Qatar workers

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FIFA President Joseph Blatter has backed calls from the EU Parliament condemning the exploitation of migrant workers in Qatar, but he also said Europe bears responsibility for the working conditions at the 2022 World Cup sites. Blatter said on Friday that there is a need to investigate what has happened in Qatar regarding the alleged abuses of the migrant workers, who are preparing venues for the... 

10k public workers protest for better pay in Chile

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Chilean workers march in protest demanding better wages in the capital Santiago. Some 10,000 public sector workers in Chile have taken to the streets in the capital to protest over stalled discussions on better wages. The protest march was held in the capital Santiago on Wednesday as a part of a two-day strike called after the government suspended a meeting to resume negotiation talks on pay increases. Public... 

Highs and lows of European salaries

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Last year, the smallest wages in Europe were paid in Ukraine, Moldova and Albania. The most highly paid professionals live in Switzerland, Denmark and Norway. However, the “low-income” Ukraine lives on labor migration. The Ukrainian citizens working in other countries, send billions of dollars to their home country every year. In Ukraine, the State Statistics Committee reported a decline... 

Romania's public wages drop 25%, pensions drop 15%

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VAT and the flat tax remain unchanged, while wages in the public sector will drop 25%, President Traian Basescu announced on Thursday, after a meeting with IMF experts and politicians from the governmental coalition. Here are the main ideas put forward by the Romanian president: * There are 3 million people working the real economy and public sector spending transferred on those who work. The... 
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