Except now that is.When corporations make more money and the economy is good workers make more money..
Except now that is.When corporations make more money and the economy is good workers make more money..
Hey Commie, "Trickle Down" economics created the greatest economy in the history of the world. Even more amazing is that it was able to do this with the marxist left trying to drag it down the whole way.Keep drinking the "Trickle Down" Kool-aid. Corporations want labor as cheap as possible, been that way for ages.
So you believe big business lobbies should influence american politics then.
Hey Commie, "Trickle Down" economics created the greatest economy in the history of the world. Even more amazing is that it was able to do this with the marxist left trying to drag it down the whole way.
State wage and labor boards do if they are doing their job. Workers need to make the boards aware if they are not being paid according to their job titles.So who determines what they are "owed"?
Your hatred of Trump has blinded your ability to see that Trump "is" doing what is best for Americans. You refuse to acknowledge that because you seem to enjoy corruption.Trump's history is that he has done whatever it is to make Trump wealthy, not someone who has used his wealth and talent to enrich the lives of others. Trump has always been about Trump. What leads you to believe that the leopard has changed his spots?
In contrast, Bill Gates, Warren Buffett and many other billionaires have made many, many more billions of $$ and have made a practice of using those billions to help people less fortunate than themselves.
Surely you will say the same for Obama and Hillary right?"Won't criticize Russia because wealthy Russians are major purchasers of his real estate deals.". Dude, that is simply a statement of fact.
This and most of the other postings of mine you copied were shortly after the story broke and Trump was denying all ties to Russia. Beyond any shadow of a doubt Trump has ties to Russians. For God sakes he bragged about it before the election. But after the story broke about Russians interfering in the election he suddenly got amnesia...and was denying any and all ties.
Oh my! I didn't automatically accept or reject a story when it first broke...
None of that refutes what I said about Russia's reasons for interfering. Again you seem to have a comprehension problem. Ties to Russia <> colluded with Russians. One is undeniable, the other is a matter of speculation.
Keep drinking the unions are for the workers alcohol because you being obviously blind drunk to what they are really doing will keep you complicit.Keep drinking the "Trickle Down" Kool-aid. Corporations want labor as cheap as possible, been that way for ages.
So you believe big business lobbies should influence american politics then.
We are still staggering from Obama and the lefts economy but, it is starting to get better.Except now that is.
DSmith21 is happy while KY wages go to record low levels, be proud. Corporate greed is at a all time high across America, and he is smiling.
I heard it said one time that the value/benefits of a job is determined by the person who will do it for the lowest price. IF I can hire a grunt for $10 an hour why would I want to pay someone else $15? I had a boss tell me one time, "if you want more money learn some more skills".They are owed what the market determines they are owed. That's the way our economy works, or should work.
Skills make you worthy of better pay pay. Unfortunately, the entitlement mentality is what has kept unions in business.I heard it said one time that the value/benefits of a job is determined by the person who will do it for the lowest price. IF I can hire a grunt for $10 an hour why would I want to pay someone else $15? I had a boss tell me one time, "if you want more money learn some more skills".
Depends on the lens you're using. Maybe workers don't make more money. Granted, increased profits do not always lead to increased wages, but that's not the most significant issue. Increased profits usually provide increased job availability. People might not make more money, but at least they have jobs.Saying that corporations making more money trickles down to labor making more money is a fantasy.
Saying that corporations making more money trickles down to labor making more money is a fantasy.
Ram, the birth of WalMart into many small towns can be directly attributed to the economic collapse of many of those same small towns. Small business owners who were making "decent money" and hiring others at the same minimum wage WalMart paid were lost to the same net numbers of jobs all at those lower wages. The surrounding businesses that were built to serve a community with a spectrum of wages are slowly lost as the net spendable income of the community declines. People with the means and skills leave the community further depressing that local economy. Those "stuck" in the community be it because of family obligations or other factors watch their community slowly die.Depends on the lens you're using. Maybe workers don't make more money. Granted, increased profits do not always lead to increased wages, but that's not the most significant issue. Increased profits usually provide increased job availability. People might not make more money, but at least they have jobs.
More people working???
More two wage earner families because it becomes a necessity where there was once ample opportunities for single wage earner families to exist. This leads to greater family breakdowns...
How many small communities in Kentucky does this describe?
Meanwhile the Walton family counts their billions.
I'm sure my lens in tinted but experiences I've seen family and friends have had to deal with.Depends on the lens you're using. Maybe workers don't make more money. Granted, increased profits do not always lead to increased wages, but that's not the most significant issue. Increased profits usually provide increased job availability. People might not make more money, but at least they have jobs.
Orly?When corporations make more money and the economy is good workers make more money..
If you artificially eliminate the marketplace by ******** policies like "RTW" then you sure as **** can get quality labor at a price below what the market believes is the value of that labor.Labor is no different than any other input to producing a product. Business wants to buy materials and capital as inexpensively as they can. However, they do not control the price of any input into their process. The market sets prices of all material and capital. Business cannot get quality labor at a price below what the market believes is the value of that labor. It has nothing to do with "trickle down" economics.
False as ****. The greatest economy in the history of the world took place post WW2 when taxation was outrageous.Hey Commie, "Trickle Down" economics created the greatest economy in the history of the world. Even more amazing is that it was able to do this with the marxist left trying to drag it down the whole way.
And when they aren't rewarded for giving 100%, what incentive do they have to keep giving 100%?I heard a union person (not my employee) say something like, "If they want me to work harder, they will have to pay me more"... I thought if that had been my employee, I'd have fired him on the spot. Employees are paid to give 100% whether they make $2 an hour or $200 an hour.
A) the waltons that are currently collecting billions didn't have *** to do with Wal-Mart growing from a mom and pop store to the most profitable business in America.I understand what you are saying and there is some truth. Again, it's a matter of what lens you are looking through. Personally, I see nothing wrong with the Waltons counting their billions. They were smart, worked hard and sacrificed a lot. Those behaviors should be honored and respected. Not ridiculed.
As for Walmart's minimum wage: Their minimum wage is no different from the minimum wage locally owned stores were paying. The admins at Walmart are making as much or more than owners of Mom/Pops were making.
I do feel the pain of the death of small businesses...but exactly what did the Waltons do wrong?
As for the two earner income issue: I'm with you but that is a post WWII phenomenon. Once women saw they could hold "out of the house" jobs and have their own paycheck, they weren't about to go back to wearing dresses and washing dishes when their men came home from the war. They thought "We can live at a much higher level and have more stuff if both of us are working". Indeed, it worked for about 20 years until the economy corrected. Prices aligned themselves with the two income family. The house you could once afford with one income became the house that required two incomes. Of all the issues that harmed our economy AND our families, that is the A 1 issue. From that came a boat load of other, relationship issues that further resulted in the demise of the family.
We could talk for days on this subject.
Yeah this isn't even close to true.False as ****. The greatest economy in the history of the world took place post WW2 when taxation was outrageous.
Good points.So I can see why unions are helpful , especially when protecting benefits and worker safety.
It's when you have to go through arbitration to fire a bad employee is the problem.
It's not the world of your fathers and grandfathers. They had the American dream of having knowing they could have a decent job for 30 years and be proud of your place of work.
Today huge corporations seem to have a Machiavellian outlook of maximizing profits over people and country.
And when they aren't rewarded for giving 100%, what incentive do they have to keep giving 100%?
Of course, viewpoints on every issue are dependent upon the lens through which you view that issue.I understand what you are saying and there is some truth. Again, it's a matter of what lens you are looking through. Personally, I see nothing wrong with the Waltons counting their billions. They were smart, worked hard and sacrificed a lot. Those behaviors should be honored and respected. Not ridiculed.
As for Walmart's minimum wage: Their minimum wage is no different from the minimum wage locally owned stores were paying. The admins at Walmart are making as much or more than owners of Mom/Pops were making.
I do feel the pain of the death of small businesses...but exactly what did the Waltons do wrong?
As for the two earner income issue: I'm with you but that is a post WWII phenomenon. Once women saw they could hold "out of the house" jobs and have their own paycheck, they weren't about to go back to wearing dresses and washing dishes when their men came home from the war. They thought "We can live at a much higher level and have more stuff if both of us are working". Indeed, it worked for about 20 years until the economy corrected. Prices aligned themselves with the two income family. The house you could once afford with one income became the house that required two incomes. Of all the issues that harmed our economy AND our families, that is the A 1 issue. From that came a boat load of other, relationship issues that further resulted in the demise of the family.
We could talk for days on this subject.
ram, there are plenty of "**** jobs" available.They get to keep their jobs
Actually it is true. Especially for middle-class America.Yeah this isn't even close to true.
How does right to work eliminate the marketplace?If you artificially eliminate the marketplace by ******** policies like "RTW" then you sure as **** can get quality labor at a price below what the market believes is the value of that labor.
It doesn't eliminate the marketplace but removes any leverage labor has in negotiating for better wages.How does right to work eliminate the marketplace?
Exactly. A marketplace is many buyers and sellers reaching agreements through arms length transactions. The culmination of those transactions determine the value of a good or service. Unions are the opposite of a marketplace. Unions are a legalized form of collusion to give labor more negotiating strength against companies. In a free market, companies would offer a certain amount of compensation for a given job. If the compensation offered is below market prices, then they would not expect to get enough qualified candidates to fill their needs. If the compensation offered is above market prices, then they would expect to get more qualified applicants than they need. This works well to establish the true market value of labor when companies do not collude to fix prices and labor does not collude to fix supply. When either buyers (companies in this case) or sellers (labor in this case) collude, it distorts the true value of the good or service.It doesn't eliminate the marketplace but removes any leverage labor has in negotiating for better wages.
Why should labor not have more negotiating strength?Exactly. A marketplace is many buyers and sellers reaching agreements through arms length transactions. The culmination of those transactions determine the value of a good or service. Unions are the opposite of a marketplace. Unions are a legalized form of collusion to give labor more negotiating strength against companies. In a free market, companies would offer a certain amount of compensation for a given job. If the compensation offered is below market prices, then they would not expect to get enough qualified candidates to fill their needs. If the compensation offered is above market prices, then they would expect to get more qualified applicants than they need. This works well to establish the true market value of labor when companies do not collude to fix prices and labor does not collude to fix supply. When either buyers (companies in this case) or sellers (labor in this case) collude, it distorts the true value of the good or service.
We will have to agree to disagree. That was a different time. Today the population is much more mobile and the labor market is much more national than it was a hundred years ago. I don't believe collusion is necessary to be able to sell your labor at a fair price.Why should labor not have more negotiating strength?
They are not able to individually negotiate wages like management does, they are treated as a single component. The company simply has to negotiate labor rates the same as they have to do with their raw materials and other components.
We have a pretty well documented history of the end game when all the power resides on one side of the ledger.
That mobility applies to companies as well.We will have to agree to disagree. That was a different time. Today the population is much more mobile and the labor market is much more national than it was a hundred years ago. I don't believe collusion is necessary to be able to sell your labor at a fair price.
If you artificially eliminate the marketplace by ******** policies like "RTW" then you sure as **** can get quality labor at a price below what the market believes is the value of that labor.
If you value your workers they will return value to the company. If you treat workers like commodities then don't be surprised when they treat their jobs the same way.
While I enjoy Springsteen's music, he is a far cry from being a rocket scientist, lol. I certainly don't trust his intellect over my own.That mobility applies to companies as well.
We can look at what has happened the past couple of decades as RTW has spread. Wages have declined as productivity as increased while management has enjoyed all the fruits of those gains.
The people who work labor jobs are the least mobile and the lower they sink on the economic ladder the less powerful and mobile they become.
Mark my words, there will be a revival of the labor movement not totally unlike what occurred at the beginning of the 20th century. With the likes of Bernie Sanders it has already started.
To quote Bruce Springsteen; "Poor man wanna be rich. Rich man wanna be king. King ain't satisfied until he rules everything". Once the king rules everything then we are all powerless to sell anything. There is only one buyer and he controls the market. If you're the only employer in town then you rule the market. That is the danger of allowing more and more wealth to accumulate in fewer and fewer hands.
Those who fail to learn history are damned to repeat it.
So then you can't possibly disagree with the fact that those who start with more...orders of magnitude more, have an overwhelming strategic advantage.I agree. IMO, there is no longer such a thing as loyalty on either side of the fence. Both sides are out to get (and keep) as much as they can get and keep.