A tale of two cities: one that punishes small business owners and one that bends over for outside, polluting, minimum wage-paying companies.
Thread 1/7 @DBQSocialists @DemSocialists @nclarkphd
Thread 1/7 @DBQSocialists @DemSocialists @nclarkphd
Simmons, the sixth largest pet food manufacturer in the U.S. will open a plant in DBQ, but only under the condition that it be handed $7.25 million in incentives, all for the promise of creating 271 jobs. 2/7
Meanwhile, the city is putting the screws to a small business owner who had to close shop due to COVID. Why? She can’t repay a $27k startup loan *quickly enough* for them even though she says she’s trying her best to repay it. 3/7
The average starting wage at the pet food plant is supposedly $22.18/hr, which sounds fantastic until you consider...
4/7
4/7
...that *average* salary is potentially misleading. What should be publicized is the *median* starting salary. Why?
5/7
5/7
Because all it takes is a few middle managers reaping a six-figure salary to skew the mean upward. Median values are much less sensitive to extreme outliers and would provide a more accurate picture of how much the average line worker would earn. 6/7