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Work for higher pay in May. Social Security is funded by a payroll tax, which means it is dependent on what workers earn. Lower earnings in the last few decades systematically rob Social Security and Medicare of funding.

How do workers increase pay in the face of global competition and intentional destruction of unions? We can only do that by taking collective action that goes beyond strikes and protests. So, I’m designating the first day of May each year as “New Job Day”. On that day, I’d like workers everywhere to dedicate themselves to spending the month of May looking for a job with better compensation.

By taking action together, we can force wages up. Every additional dollar earned means about 10 cents more going into Social Security. This is the way to permanently fix funding for Social Security and make it solvent for the next one hundred years.

I was moved to action by President Obama’s call for cuts to Social Security benefits and the pathetic response of members of Congress. For example, I got this in an e-mail message from Senator Patty Murray:

I am committed to addressing our nation's debt and know that any deal will involve sacrifices from all sides.
If my part of this is sacrificing Social Security then your part of this, Patty Murray, is sacrificing your seat in the Senate. I think that’s a fair deal. Are you ready to make a shared sacrifice?

Sacrifices are done by primitive societies to appease the gods. I was rather hoping I had entered the modern world. That would be a world with a modern society where the scientific study of the economy had resulted in sensible public policy.

Why are our politicians doing a rain dance to get more money for Social Security? Science tells us that it is purely related to worker earnings.

So, I’m going to use the power of the social Internet to get those earnings up (and incidentally save Social Security from its rescuers). A declared time for workers to collectively go looking for higher wages, salaries, and benefits puts pressure on the economy to increase pay.

My target is to restore worker earnings to 60% of business income. It is estimated this would increase earnings by about $1.5 trillion a year, meaning an additional $150 billion each year for the Social Security fund. I’m calling on you to do your part on May 1: Dedicate yourself to looking for better pay in May. Review your compensation package. What are you actually getting for your current job? Which companies are available for you to apply to?

Then, list yourself or update your listing on the public websites. Call up some companies to find out what jobs they have. See if you can schedule an interview, even if it’s just an “informational interview” to find out what those companies have.

Use the month of May to find out where you stand and whether you can do better.

May 1 is International Labor Day. I think it is a very appropriate time to think about compensation and whether we can do better. I will post a diary each Friday in May for people to report progress.

Tired of hearing how politicians are taking away your benefits? Now you can do something. Take part!

Poll

Will you use the month of May to look for a job with better compensation?

22%2 votes
11%1 votes
0%0 votes
55%5 votes
11%1 votes

| 9 votes | Vote | Results

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Comment Preferences

  •  Tip'd Rec'd Repub'd and Hell Yea! Because (4+ / 0-)

    I have been out of work since 2007 and am dying (too close to literally sometimes) to start paying FICA ASAP.

    (Anyone got a SF Bay Area job?)

    SocSec dot.Defender at gmail.com - founder DK Social Security Defenders Group

    by Bruce Webb on Fri Apr 12, 2013 at 04:11:35 PM PDT

  •  I still think (1+ / 0-)
    Recommended by:
    Liberal Thinking

    the fastest, simplest, most practical way to do this is to pass an immediate increase in the minimum wage to at least $10/hr (and removing the exemption for tips).  By raising the bulk of worker's wages by about 20%, this would reinvigorate the consumer economy, increase private-sector employment, and increase Social Security receipts.  None of the cost would be born by the Treasury or be counted against the Almighty Deficit (genuflect, oh brothers!).  Instead, the price would come straight out of excessive corporate earnings, the one segment of the economy that can afford to bear the burden and most rightfully deserves responsibility for our current situation.

    As for those who wave the bloody shirt of "small business" in front of our Reps, we could have some options.  First, most really struggling small businesses pay their workers under the table so it wouldn't immediately affect them (until their workers had better opportunities in the reviving economy, which would also improve their business).  Second, minimum wage requirements could be linked to the gross business income, exempting those that really are "mom&pop" operations.  But we need to understand, again, that most real mom&pop operations hire friends and family under the table and work on a mostly current account basis.  The majority of minimum-wage workers are employed by vast corporate enterprises that make very hefty profits specifically by paying as little as possible to real live people.

    •  Second That! (0+ / 0-)

      I'm a strong supporter of a much more robust minimum wage. It hasn't kept pace with inflation and it was never close to the living wage, which should really be it's target.

      And, if you've seen what I've written over the years, I think we should have an international minimum wage, too.

      I'd also like to see the special exception dropped for food workers (and farm workers) and put everyone on the same playing field. For that matter, I think the first $10K of tips ought to be tax-free, because tips are supposed to be gratuities. If I give someone in my family $10K they get a tax exemption because it's a gift. The same should apply to food workers, taxi drivers, and everyone else getting tips. Besides, it simplifies the tax code. What's not to like?

      However, all that is out of our immediate control. It requires an act of Congress. These days, that's a bit like asking for an act of God. Looking for higher-paying work is strictly within our control. We need no one's permission to do it, and we can do it as a group (because of the Internet word spreads easily).

      Please make the commitment to do the research in May. Pass the word on to your friends. Make May First the day we declare fiscal independence from the financial overlords. If we succeed they will have respect for a new act: an act of Man.

      •  Hey, (1+ / 0-)
        Recommended by:
        Liberal Thinking

        I'm unemployed right now.  I took a couple of weeks off from looking for work while I took care of some personal business and taxes, but barring a miracle, I will almost certainly be looking for work throughout May.  Last year I took May Day off in solidarity with the International (and in protest against actions by management at my recently-merged workplace).  So, I'm getting around!

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