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On Friday, Russian lawmakers rejected an amendment to raise the country’s minimum wage to match its national poverty line starting in January. Russia’s current minimum wage of 5,205 roubles ($158) a month is 27 percent below the government’s own national average poverty threshold, set at 7,095 roubles ($215) in July. Deputy Mikhail Tarasenko said that the RF Gosduma Labour Committee “didn’t feel able to support this amendment”, without explaining why. The rejected amendment was part of a bill to bump Russia’s minimum wage up to 5,554 roubles ($169) in January 2014. Nevertheless, the Gosduma still expects to pass a bill raising the wage by about 350 roubles ($11) in a vote on Friday.
The minimum wage is a controversial concept among economists. Some argue that raising the salary threshold increases costs and thus unemployment, as companies may employ fewer people at higher salaries. Others, however, believe the relationship between minimum wage and unemployment is more complicated, and that the government is responsible to provide a salary guarantee at least equal to the poverty line. Russia has one of the lowest minimum wages in Europe, ranking 23rd out of 27 European countries in a 2013 study by the RIA Rating agency.
22 November 2013
RIA-Novosti
http://en.ria.ru/russia/20131122/184873012/Russian-Parliament-Leaves-Minimum-Wage-Below-Poverty-Line.html
Editor’s Note:
I’ll tell you why the deputies didn’t explain why they didn’t support a real rise in the minimum wage… BRIBES. It happens all the time in the US Congress (John Boehner and Mitch McConnell are bought n’ paid-for whores of the insurance industry, for instance)… so, the Russian lawmakers are only following the example of their more corrupt American mentors! Money talks and bullshit walks in crapitalism… that’s why the Left is gaining tread and cred in Russia and the USA (the Republicans couldn’t even win in Virginia… where a large bloc of sectarian voters usually puts them over the top). As Comrade Zyuganov said, “Events are filling the sails of the ship of the Left”… he’s right… in spades…
BMD
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Duma Rejects Raise in Minimum Wage… Is This Shot in the Arm for the KPRF?
Tags: BMD Posterart, bribery, Duma, John Boehner, Living wage, Minimum wage, Mitch McConnell, Moscow, political commentary, politics, poster, Poverty threshold, RF Gosduma, right-wing, Russia, Russian, State Duma, United States, USA
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On Friday, Russian lawmakers rejected an amendment to raise the country’s minimum wage to match its national poverty line starting in January. Russia’s current minimum wage of 5,205 roubles ($158) a month is 27 percent below the government’s own national average poverty threshold, set at 7,095 roubles ($215) in July. Deputy Mikhail Tarasenko said that the RF Gosduma Labour Committee “didn’t feel able to support this amendment”, without explaining why. The rejected amendment was part of a bill to bump Russia’s minimum wage up to 5,554 roubles ($169) in January 2014. Nevertheless, the Gosduma still expects to pass a bill raising the wage by about 350 roubles ($11) in a vote on Friday.
The minimum wage is a controversial concept among economists. Some argue that raising the salary threshold increases costs and thus unemployment, as companies may employ fewer people at higher salaries. Others, however, believe the relationship between minimum wage and unemployment is more complicated, and that the government is responsible to provide a salary guarantee at least equal to the poverty line. Russia has one of the lowest minimum wages in Europe, ranking 23rd out of 27 European countries in a 2013 study by the RIA Rating agency.
22 November 2013
RIA-Novosti
http://en.ria.ru/russia/20131122/184873012/Russian-Parliament-Leaves-Minimum-Wage-Below-Poverty-Line.html
Editor’s Note:
I’ll tell you why the deputies didn’t explain why they didn’t support a real rise in the minimum wage… BRIBES. It happens all the time in the US Congress (John Boehner and Mitch McConnell are bought n’ paid-for whores of the insurance industry, for instance)… so, the Russian lawmakers are only following the example of their more corrupt American mentors! Money talks and bullshit walks in crapitalism… that’s why the Left is gaining tread and cred in Russia and the USA (the Republicans couldn’t even win in Virginia… where a large bloc of sectarian voters usually puts them over the top). As Comrade Zyuganov said, “Events are filling the sails of the ship of the Left”… he’s right… in spades…
BMD
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