December 17, 2013
Trickle-Up Economics

Is this a great country or what?

Almost a third of the country’s half-million bank tellers rely on some form of public assistance to get by, according to a report due out Wednesday.

Researchers say taxpayers are doling out nearly $900 million a year to supplement the wages of bank tellers, which amounts to a public subsidy for multibillion-dollar banks. The workers collect $105 million in food stamps, $250 million through the earned income tax credit and $534 million by way of Medicaid and the Children’s Health Insurance Program, according to the University of California at Berkeley’s Labor Center…

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Posted by Jerome Doolittle at December 17, 2013 06:32 PM
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The poor should support the rich. It's only right.

Besides, anything else is class warfare.

Very crankily yours,
The New York Crank

Posted by: New York Crank on December 20, 2013 10:11 PM
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