Page 68 of 154 FirstFirst ... 1858666768697078118 ... LastLast
Results 671 to 680 of 1532

Thread: Walmart workers demand better wages

  1. #671
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Walmart workers demand better wages

    Quote Originally Posted by Fletch View Post
    Well, generally, the rich are rich because they know how to make money. But the focus should not be on how well the rich are doing, but why the middle class is struggling. They are not struggling because the rich are succeeding. They are struggling because they are struggling to keep up with the inflation that the government tells us really isnt there. The biggest blow to the middle class has come with the skyrocketing cost of energy.
    Well, they are actually. The middle class once were largely union, getting good wages and companies had a contract of sorts with them to boith give and take. Now, sure, there are other factors. Energy is certainly a concern, but I wouldn't but it up as the biggest. Destruction of the contact, decreasing union influence, outsourcing and the McDonaldization of American, all with the help of government working in concert with industry, as being more problematic.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  2. #672
    Advisor
    Join Date
    Sep 2012
    Last Seen
    12-06-12 @ 04:17 PM
    Gender
    Lean
    Independent
    Posts
    498

    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    That's always possible. But I'd start by getting CEO pay back where it used to be. But the point is, a company that can pay as much as they do to CEOs, should a least hold them responsible for making sure the company thrives.
    He was held responsible though.

    He was brought in to guide a struggling company though bankruptcy and did a very good job. The company was on the verge of coming out of bankruptcy completely intact and in a better position to stay competitive in the future until one of the unions decided they were better off losing several thousand jobs at Hostess than set a precedent for wage reduction.

    I get that the polarized nature of this country means you're obligated to openly abhor Hostess' CEO but he did his job very well.

  3. #673
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Walmart workers demand better wages

    Quote Originally Posted by cpwill View Post
    That is correct. As the global economy integrates and we enter the information age, intellectual labor is becoming increasingly valuable.
    No, that doesn't explain it. Not remotely. You have to work hard to accept that. I'm impressed.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  4. #674
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Walmart workers demand better wages

    Quote Originally Posted by Donahue View Post
    He was held responsible though.

    He was brought in to guide a struggling company though bankruptcy and did a very good job. The company was on the verge of coming out of bankruptcy completely intact and in a better position to stay competitive in the future until one of the unions decided they were better off losing several thousand jobs at Hostess than set a precedent for wage reduction.

    I get that the polarized nature of this country means you're obligated to openly abhor Hostess' CEO but he did his job very well.
    As busness likes to say, "Bottomline" he failed.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  5. #675
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Walmart workers demand better wages

    Quote Originally Posted by Donahue View Post
    I get that the polarized nature of this country means you're obligated to openly abhor Hostess' CEO but he did his job very well.
    No, but it means there is another view. Workers are demonized constantly. Too sledom to we place any balme on management. There was likely a way out of this, as there often is. But whenever you make it us against them, it is seldom productive. There are bsuiness who see employees as an asset, and avoid this type of confrontation and work with employees to make arrangements, and do it without the excessive CEO salaries.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  6. #676
    Sage

    Join Date
    Sep 2007
    Last Seen
    09-24-17 @ 04:38 AM
    Lean
    Undisclosed
    Posts
    29,261

    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    No, but it means there is another view. Workers are demonized constantly. Too sledom to we place any balme on management. There was likely a way out of this, as there often is. But whenever you make it us against them, it is seldom productive. There are bsuiness who see employees as an asset, and avoid this type of confrontation and work with employees to make arrangements, and do it without the excessive CEO salaries.

    People around here have said workers are replaceable where as managment is not.

  7. #677
    Sage
    Fletch's Avatar
    Join Date
    Feb 2012
    Location
    Mentor Ohio
    Last Seen
    Today @ 07:03 AM
    Gender
    Lean
    Libertarian
    Posts
    15,273

    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    Well, they are actually. The middle class once were largely union, getting good wages and companies had a contract of sorts with them to boith give and take. Now, sure, there are other factors. Energy is certainly a concern, but I wouldn't but it up as the biggest. Destruction of the contact, decreasing union influence, outsourcing and the McDonaldization of American, all with the help of government working in concert with industry, as being more problematic.
    It wasnt so much collusion between government and business that brought about the destruction of union jobs in America as it was a collision with reality. Low-skill, high-pay union jobs lasted until the reality of global competition kicked them in the pants. Companies didnt stop making steel or textiles, they just stopped making them here.

  8. #678
    Sage
    Born Free's Avatar
    Join Date
    Sep 2011
    Location
    Sonny and Nice
    Last Seen
    Yesterday @ 04:21 PM
    Lean
    Conservative
    Posts
    6,396

    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    As busness likes to say, "Bottomline" he failed.
    And yet another union failure. They failed.
    Liberals - Punish the Successful, Reward the Unsuccessful
    Liberals - Tax, Borrow, Spend, and Give Free Stuff
    Obama's legacy - President Donald Trump

  9. #679
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Walmart workers demand better wages

    Quote Originally Posted by winston53660 View Post
    People around here have said workers are replaceable where as managment is not.
    A dime a dozen. Wrote a story once by that title.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  10. #680
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Walmart workers demand better wages

    Quote Originally Posted by Fletch View Post
    It wasnt so much collusion between government and business that brought about the destruction of union jobs in America as it was a collision with reality. Low-skill, high-pay union jobs lasted until the reality of global competition kicked them in the pants. Companies didnt stop making steel or textiles, they just stopped making them here.
    Where they could find cheap labor they took it. But that doesn't mean there was a need for them to take it. We competed very well with the world at high wages, and frankly, if we took the UHC route other countries have, we could now. But, the worker has been devalued, and I believe in the long run, this will hurt the nation.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •