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It's globalization folks. US wages come down while third world wages go up. We meet somewhere in the middle.
These are union jobs and the new union wages. It's either work for less money or the work will go to another country.
We did this to ourselves folks and it didn't happen overnight.
It was decades in the making and you'd be foolish to think we can go back to what we once had.
http://www.nytimes.com/2011/12/30/bu...%2Findex.jsonp
Manufacturers are hiring again in America, softening a long slide in factory employment. But for a new generation of blue-collar workers, even those protected by unions, the price of employment is likely to be lower wages stretching to retirement.
..
The wages for the new hires, however, are $10 to $15 an hour less than the pay scale for hourly employees already on staff — with the additional concession that the newcomers will not catch up for the foreseeable future. Such union-endorsed contracts are also showing up in the auto industry, at steel and tire companies, and at manufacturers of farm implements and other heavy equipment, according to Gordon Pavy, president of the Labor and Employment Relations Association and, until recently, the A.F.L.-C.I.O.’s director of collective bargaining.
..
Mayor Fischer said, arguing that while the city is actively subsidizing G.E.’s expansion here, mainly through tax rebates, that is not enough. “You must have a globally competitive wage to create jobs,” the mayor insisted.
This is exactly what the Progressives mean by Social Justice. They have stated many times, even Obama, that the wages in the US must go way down and other country's wages have to come up. It's what they call "Level the playing field". Too bad all the useful idiots of this Marxist revolution think that THEY are the ones that are going to get Social Justice! NOT!!!!!
This is exactly what the Progressives mean by Social Justice. They have stated many times, even Obama, that the wages in the US must go way down and other country's wages have to come up. It's what they call "Level the playing field". Too bad all the useful idiots of this Marxist revolution think that THEY are the ones that are going to get Social Justice! NOT!!!!!
It's good for the countries that are moving up the ladder but it's going to be painful for those that have to move down the ladder like the US.
Not like we weren't warned of this happening. We just chose to ignore it and the messengers who delivered it.
Sounds like the greedy baby boomers are up to their own tricks.
Nope. It's one of the long term effects of globalization.
The third world has caught up and now the first world must come down.
It's the redistribution of wealth that is occurring only it's worldwide, not national like some would like.
Eventually the denial that this is happening will stop and realization will sink in.
Nope. It's one of the long term effects of globalization.
The third world has caught up and now the first world must come down.
It's the redistribution of wealth that is occurring only it's worldwide, not national like some would like.
Eventually the denial that this is happening will stop and realization will sink in.
Why are the baby boomer workers getting higher wages for doing the same job as the younger newer workers? Their experience is not worth that much. They could take a pay cut and thus the younger workers could see an incremental increase in their wages but they want it all.
Nope. It's one of the long term effects of globalization.
The third world has caught up and now the first world must come down.
It's the redistribution of wealth that is occurring only it's worldwide, not national like some would like.
Eventually the denial that this is happening will stop and realization will sink in.
Why are the baby boomer workers getting higher wages for doing the same job as the younger newer workers? Their experience is not worth that much. They could take a pay cut and thus the younger workers could see an incremental increase in their wages but they want it all.
It's not up to the workers how the business is run. Wishful thinking ?
It's not up to the workers how the business is run. Wishful thinking ?
The workers in the article are in a union they negotiated the contract. They negotiated a widely disparate wage structure for the same jobs. The baby boomers could have take a pay cut and negotiated a higher salary for new comers. They chose not to, all they cared about were themselves just like the social security debate.
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