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Thread: Profits soar amid mass layoffs

  1. #81
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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by U.S. Socialist. View Post
    So are you saying we should adopt the wages and polices of China for our workers?
    No one here is advocates ten cents per hour, the average blue collar non skilled worker in MA. makes $16.00 per hour, the ones with very low skills make between 7.50 an 11.00 per hour. Now for the skilled and union workers, they make between 19.00 to 68.00 per hour.
    Companies cheating their employees by under payment, wrongful confiscation of pay, bad working conditions, forced over time, dangerous work environment, OHSA violations, ICC violations, (CPAT, IATA, DOT, TSA, DEP NLRB violate any of these regulations) and a company will be sued and most likely shut down. This is a far cry from some 10 cents per hour job in China.
    Last edited by deltabtry; 07-24-11 at 11:50 PM.

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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by U.S. Socialist. View Post
    So are you saying we should adopt the wages and polices of China for our workers?
    Yes, that's what I'm saying. Child labor, slave labor, yep, you read me perfectly! (just in case you don't get sarcasm, I'm being sarcastic)

    The point I'm trying to make here is that money goes where it is most productive. Being regulated, taxed, penalized or what not by outside forces... the money goes away and jobs go with them.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by Helix View Post
    if they don't start hiring, i find it difficult to believe that people will have the discretionary income to continue purchasing their products.
    they are hiring just not legal americans.

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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by deltabtry View Post
    No one here is advocates ten cents per hour, the average blue collar non skilled worker in MA. makes $16.00 per hour, the ones with very low skills make between 7.50 an 11.00 per hour. Now for the skilled and union workers, they make between 19.00 to 68.00 per hour.
    Companies cheating their employees by under payment, wrongful confiscation of pay, bad working conditions, forced over time, dangerous work environment, OHSA violations, ICC violations, (CPAT, IATA, DOT, TSA, DEP NLRB violate any of these regulations) and a company will be sued and most likely shut down. This is a far cry from some 10 cents per hour job in China.
    or they hire illegals.

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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by washunut View Post
    The last part is a key reason for wealth disparity. Read Tom friedman's The World is Flat. The average American factory worker has to compete with factory workers all over the world. The capital to build the factories which employ these factory workers will go wherever it can make the greatest return. That is just the way things work. If we want more of a middle class you have to lure capital here.
    not just factory workers all over the world but illegals right here.

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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by MrVicchio View Post
    Yes, that's what I'm saying. Child labor, slave labor, yep, you read me perfectly! (just in case you don't get sarcasm, I'm being sarcastic)

    The point I'm trying to make here is that money goes where it is most productive. Being regulated, taxed, penalized or what not by outside forces... the money goes away and jobs go with them.
    While looking for something else, I found this which goes to prove this point out.

    The idea was to simultaneously improve our physical facilities while putting people back to work, which in turn would provide a badly needed surge of adrenaline to the overall economy. But it hasn't quite worked out that way.

    The Wall Street Journal reports that 19 months after the plan was approved, federal agencies have managed to use only one-third of the infrastructure money. Federal contracting rules and labor requirements are among the hurdles that have slowed the process down.


    RealClearPolitics - The Failure of Obama's Stimulus

    Much like how Boeing is being stopped by the administration from putting people to work in North Carolina.

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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by MrVicchio View Post
    The folks harming employment aren't the businesses that are laying people off, it's the folks putting more and more regulations, taxes and uncertainty on business that are to blame.
    yes, because safety in the workplace is so over-rated.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by liblady View Post
    yes, because safety in the workplace is so over-rated.
    yup - nobody was ever hurt in a mine... and if you brought your eight year old with you to work in those really tiny places where a grown man could not go, they even gave them a potato at the end of the day for their wages and it saved you the trouble of feeding them. What a country!!!!
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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by liblady View Post
    yes, because safety in the workplace is so over-rated.
    A flippant response is hardly the answer here.

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    Re: Profits soar amid mass layoffs

    Quote Originally Posted by haymarket View Post
    yup - nobody was ever hurt in a mine... and if you brought your eight year old with you to work in those really tiny places where a grown man could not go, they even gave them a potato at the end of the day for their wages and it saved you the trouble of feeding them. What a country!!!!
    Living in coal country, I can tell you that hasnt been true in over a century.
    You are offering a strawman up. Unions at this point are not about representing workers with job difficulties they are about securing more power through increased wages and benefits for their workers irrespective of company profit or what the workers may actually want. I will say again that if unions were truly for the working guy they would be trying to create inroads in retail outlets and distribution.

    They are not. They are working at strengthening their hand in places like government where the pushback from an owner never occurs with great strength when a democrat is in office. This dynamic is changing somewhat as the fiscal reality begins to be plain that the benefits and wages claimed by public sector employees is just too much for budgets.

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