Michael Mulgrew, New York City's United Federation of Teachers' President, sounds like a socialist to me and that's good. In his recent editiorial article "An Economy for All" he makes the following points:
1. 8 million Americans have recently lost there jobs.
2. One in eight Americans must seek out free food from food pantries.
3. New York State has the biggest income disparity.
a) The majority of households make under 30,000 dollars a year and 10 percent of New Yorker's are in deep poverty.
b) One percent of New Yorkers average 3.7 million dollars a year or $10,137 dollars a day.
On point 3.a I note that few apartments in New York rent for under 12,000 dollars a years and most cost over 20,000 dollars a year. A salary of 30,000 dollars would not allow for any savings or vacations.
From another article he points to his distrust of New Yorks billionaire mayor, Michael Bloomberg. One title read "Bloomberg to City: Drop Dead".
Wednesday, February 16, 2011
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