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It seems like everyday some Conservative on here is making a disingenuous connection between Obama's policies and decreasing workers' wages. If you think low wages are a problem, that blame falls on squarely on the PRIVATE SECTOR. When corporate profits are up and stock prices are up and executive pay is up, but worker wages are stagnant, the reason is b/c of private sector hoarding, not gov't policy.
You're right. And the government doesn't create jobs. Actually, federal and state employment levels have dropped sharply in the past 3.5 years. The private sector is hording cash and profits and mandating longer and harder hours for employees who aren't receiving fair compensation for these increased workloads. The minimum wage should be increased.
By 2003, Mr. Bush grasped this lesson. In that year, he cut the dividend and capital gains rates to 15 percent each, and the economy responded. In two years, stocks rose 20 percent. In three years, $15 trillion of new wealth was created. The U.S. economy added 8 million new jobs from mid-2003 to early 2007, and the median household increased its wealth by $20,000 in real terms.
It seems like everyday some Conservative on here is making a disingenuous connection between Obama's policies and decreasing workers' wages. If you think low wages are a problem, that blame falls on squarely on the PRIVATE SECTOR. When corporate profits are up and stock prices are up and executive pay is up, but worker wages are stagnant, the reason is b/c of private sector hoarding, not gov't policy.
Yup, nothing to see here folks, just go FORWARD, and move along, nothing to see here.
NEW YORK (CNNMoney) -- The Treasury Department announced Friday that it has frozen the pay of top executives at the three firms still on the hook for "exceptional assistance" from TARP.
Then why does Obama say he created jobs? I guess he's lying right?
Nancy Pelosi and Obama actually said that ObamaCare was a JOBS bill too. Remember Nancy saying that OBamaCare would CREATE 400,000 jobs immediately?
Of course, that was just ANOTHER LIE, but still, they did say that.
And if the government doesn't create jobs then how'd this happen:
Quote:
By 2003, Mr. Bush grasped this lesson. In that year, he cut the dividend and capital gains rates to 15 percent each, and the economy responded. In two years, stocks rose 20 percent. In three years, $15 trillion of new wealth was created. The U.S. economy added 8 million new jobs from mid-2003 to early 2007, and the median household increased its wealth by $20,000 in real terms.
On a serious note, employers are afraid to hire new full time employees, because ObamaCare and the unstable tax policy positions of this president have made the tax and medical/regulatory liability of new employees an unknown quantity.
We have low wage part-time employees, and median family incomes are plummeting, thanks to Obama's pathetic economic, tax and regulatory policies.
On a serious note, employers are afraid to hire new full time employees, because ObamaCare and the unstable tax policy positions of this president have made the tax and medical/regulatory liability of new employees an unknown quantity.
We have low wage part-time employees, and median family incomes are plummeting, thanks to Obama's pathetic economic, tax and regulatory policies.
Businesses are not afraid to hire new employees. Obamacare is a known quantity. Businesses will or they won't hire; there's no "fear" of Obamacare.
What there is a race to the bottom supported by dogmatic pursuit & support of supply & demand. There's a significant portion of this country that is okay paying someone WHATEVER they'll agree to work for, even if that wages was $1 and bag of cheetos. That's the problem.
It seems like everyday some Conservative on here is making a disingenuous connection between Obama's policies and decreasing workers' wages. If you think low wages are a problem, that blame falls on squarely on the PRIVATE SECTOR. When corporate profits are up and stock prices are up and executive pay is up, but worker wages are stagnant, the reason is b/c of private sector hoarding, not gov't policy.
If there is no union to negotiate with management to profit-share vs. exploit, then you get workers on food stamps.
It seems like everyday some Conservative on here is making a disingenuous connection between Obama's policies and decreasing workers' wages. If you think low wages are a problem, that blame falls on squarely on the PRIVATE SECTOR. When corporate profits are up and stock prices are up and executive pay is up, but worker wages are stagnant, the reason is b/c of private sector hoarding, not gov't policy.
Epic fail!
Look up "prevailing wage legislation"
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