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The world needs to be shocked into realizing we are tired of being robbed for their prosperity and protection. We need to institute countervailing tariffs to protect all of our workers not just the unionized. We need to stop getting into wars to protect the international oil cartels that are robbing us blind. They should be building sand boxes in Abu Dhabi not skyscrapers.
AFAK the guy that closed American Axle should be fined his entire fortune and spend a few years in jail with the dope dealers. He and his ilk are doing more damage to the USA than any of our enemies have managed since WW2. All for his personal greed.
BTW – Wanting to keep a decent working class life is NOT GREEDY. Wanting to change from a millionaire to billionaire at the expense of your employees certainly is.
Socialists always enjoy deciding who the winners and losers are. In this case the losers would not only be the company executives, but their American stockholders and the American consumer. The Unions have created this environment of cheaper manufacturing costs overseas and they need to lie in the bed they made.
The biggest winners in gloablization of trade and manufacteriing are corproate executives. and investors. A testatemnet to that is the rising share of national income that goes to business executives and investors. The losers in gloabal investment and trade is non-executive wage earners that are now simply reduced to commodities that can be found on just about anyplace on the planet. There is no goverment regulation that is going to change the fact that a factory worker in China makes $200 a month, an accountant in Sri Lanka makes $5900 a year or a software engineer makes about $25,000 a year.
Income growth over the last few decades has been enormously unbalanced, and this must be taken into account as the nation considers shifts in tax policy and develops a fiscal plan that strengthens the recovery and targets a sustainable deficit. According to the Congressional Budget Office, between 1979 and the start of the current recession in 2007, the pre-tax incomes of the upper 1% grew 214%, while the incomes of the middle-fifth and lowest-fifth grew, respectively, 25% and 4%. As the Chart shows, this extremely unbalanced growth implies that 38.7% of all of the income growth accrued to the upper 1% over the 1979-2007 period: a greater share than the 36.3% share received by the entire bottom 90% of the population.
Those in the top 10% of the income scale received 63.7% of all the income growth generated over the 1979-2007 period. In contrast, the bottom 20% of all earners saw such a small share of income growth – just 0.4% – that it barely shows up on the included pie chart.
Note: “Upper-middle fifth” (60-80%) refers to those in the income scale who make more than 60% of earners but less than the top fifth. “Lower-middle fifth” refers to those who fall in the lower 20-40% range of the income scale.
The world needs to be shocked into realizing we are tired of being robbed for their prosperity and protection. We need to institute countervailing tariffs to protect all of our workers not just the unionized. We need to stop getting into wars to protect the international oil cartels that are robbing us blind. They should be building sand boxes in Abu Dhabi not skyscrapers.
AFAK the guy that closed American Axle should be fined his entire fortune and spend a few years in jail with the dope dealers. He and his ilk are doing more damage to the USA than any of our enemies have managed since WW2. All for his personal greed. BTW – Wanting to keep a decent working class life is NOT GREEDY. Wanting to change from a millionaire to billionaire at the expense of your employees certainly is.
You got that right!
Quote:
"Here is a business that started out as an American company providing good-paying jobs to 6,000 employees," Estrada said. "As a result of the hard work of these employees, it has grown to an international company with 32 factories worldwide. All of this success was achieved off the backs of the original 6,000 hard-working Americans."
From The Detroit News: Autos Insider | American Axle N.Y. plant workers reject tentative pact | The Detroit News (http://detnews.com/article/20110818/AUTO01/108180349/American-Axle-N.Y.-plant-workers-reject-tentative-pact#ixzz1VUVxAuao - broken link)
American Axle told its workers three years ago at contract time it would close their U.S. doors by 2011 if they didn't get wages down to $14.00 an hour. That contract was settled at $18.00 an hour and company is just making good on that promise since they couldn't get additional concessions this contract. Pure greed on their part.
Alternatively, what you are supporting is a race to the bottom until American workers earn the same ultra-low wages as Chinese workers who have no benefits and no protections.
China has protections on their markets (China imposes Tariffs and has trade quotas. If a company wants to sell in China, it must produce in China) while China has completely free unimpeded reign over our markets which forces us to directly compete with slave children in sweat shops getting paid 35 cents a day. I don't want to compete with that. I want us to slap heavy tariffs on anything made with child slave labor.
Corporations have no patriotism, or duty to protect America. Their duty is to make as much profit as possible and if exploiting children is profitable; poisoning the rivers and polluting the air is profitable, they'll do it.
The government has the legitimate role to make the rules of the road and form tariff policy to protect our citizens -- it has nothing to do with the hard-right red herring -- Socialism. It has to do with common sense.
Its obviously no red herring if you want us to follow the lead of China and impose tariffs. Why do you want to take away the jobs from the families of these Chinese who rely upon the income from members of the entire family just to get by? Again, the fiscal left want to whine and complain about the cheaper labor in China when the policies they advocate are the ones making it more difficult for American companies to compete.
It's time to provide incentives for companies to come and/or remain in the U.S. by eliminating the double-taxing corporate tax and the road block between individuals with ideas and investors called the Capital Gains tax.
The biggest winners in gloablization of trade and manufacteriing are corproate executives. and investors. A testatemnet to that is the rising share of national income that goes to business executives and investors. The losers in gloabal investment and trade is non-executive wage earners that are now simply reduced to commodities that can be found on just about anyplace on the planet. There is no goverment regulation that is going to change the fact that a factory worker in China makes $200 a month, an accountant in Sri Lanka makes $5900 a year or a software engineer makes about $25,000 a year.
I'm probably a bit naive, probably comes from working in factories all my life but why couldnt owners be satisfied making millions in profit and be happy paying their workers a decent fair wage?, why do companies need to wring every last nickle and dime out of their companies to the point where they have to relocate to China and thus deprive our people of a decent and fair wage?.
I'm probably a bit naive, probably comes from working in factories all my life but why couldnt owners be satisfied making millions in profit and be happy paying their workers a decent fair wage?, why do companies need to wring every last nickle and dime out of their companies to the point where they have to relocate to China and thus deprive our people of a decent and fair wage?.
Flame suit on
Some jobs don't deserve a high wage and that is that.
The world needs to be shocked into realizing we are tired of being robbed for their prosperity and protection. We need to institute countervailing tariffs to protect all of our workers not just the unionized. We need to stop getting into wars to protect the international oil cartels that are robbing us blind. They should be building sand boxes in Abu Dhabi not skyscrapers.
AFAK the guy that closed American Axle should be fined his entire fortune and spend a few years in jail with the dope dealers. He and his ilk are doing more damage to the USA than any of our enemies have managed since WW2. All for his personal greed.
BTW – Wanting to keep a decent working class life is NOT GREEDY. Wanting to change from a millionaire to billionaire at the expense of your employees certainly is.
Why don't you approach this intellectually and not emotionally? Unions cause economic disinsentives for manufacturers to produce in the United States. It's simple and makes perfect business sense. Unions are a nuisance.
I'm probably a bit naive, probably comes from working in factories all my life but why couldnt owners be satisfied making millions in profit and be happy paying their workers a decent fair wage?, why do companies need to wring every last nickle and dime out of their companies to the point where they have to relocate to China and thus deprive our people of a decent and fair wage?.
Flame suit on
Because "publicly-held" companies, companies that sell stock, have a responsibility to provide as much profit to their stockholders as possible. Privately-owned company owners have a responsibility to their families to provide as much as possible to their well-being. The responsibility for the workers lies with the worker. If he/she isn't making a "decent fair wage", he/she must makes his/herself valuable enough to be able to do so.
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