Pelosi out of touch with the real people

first_imgIn the Jan. 12 Gazette, Wal-Mart announced it would use the money it expects to save to raise wages and award bonuses to over 1 million hourly employees. Wal-Mart is raising its minimum wage from $9 to $11. That is a 22 percent increase. For a full-time worker, it’s over $4,000 a year. Wal-Mart is also awarding one-time bonuses of up to $1,000 to hourly workers, based on longevity. A full-time, minimum wage employee with sufficient longevity could see an additional $5,000-plus this year.Wal-Mart expects to pay out over $300 million this year in minimum wage increases and $400 million in bonuses. This is a very nice increase for employees, but it also injects a significant amount of money into the American economy. No rational person would call this “insignificant.”As minority leader of the House, Ms. Pelosi earns $193,400 a year. She also is reportedly worth more than $196 million. Now, I can see how $5,000 might seem like “crumbs” to Ms. Pelosi. However, a full time $9-an-hour worker makes $18,720 a year. To that worker, I expect that an additional $5,000 looks (with apologies) Huuuuge. Certainly not “insignificant.” (Here’s a clue for Ms. Pelosi: I receive a monthly Social Security check. It’s scheduled to increase 2 percent this year. Now that’s insignificant.)Nancy Pelosi has become a multimillionaire while (supposedly) acting as a public servant. She’s clearly out of touch with those living on the economic fringe. Her constituents, especially those working for Wal-Mart, should see to it that she gets voted out of a job.George NigrinyScotiaMore from The Daily Gazette:Foss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Beware of voter intimidationSchenectady teens accused of Scotia auto theft, chase; Ended in Clifton Park crash, Saratoga Sheriff…EDITORIAL: Find a way to get family members into nursing homes Categories: Letters to the Editor, OpinionHouse Minority Leader Nancy Pelosi has characterized the bonuses and wage increases announced in the wake of the recently passed Tax Cuts and Jobs Act as “crumbs,” “pathetic” and “insignificant.”last_img