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Old 08-15-2018, 08:13 AM
 
Location: Columbia, SC
37,217 posts, read 19,210,527 times
Reputation: 14912

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Quote:
Originally Posted by PCALMike View Post
Yes, back in the day when the ruling elite actually feared the working classes so they felt compelled to share the proceeds of progress. When the ruling class no longer feared the working classes with the destruction of unions and the demise of the communist enemy in the east, the ruling class started hoarding the wealth from the 1980s onwards. And of course hired their own puppets in corporate mainstream media to praise this development.
Ronald Reagan began the destruction of the Middle Class, and ultimately America if we don't turn things back around.
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Old 08-15-2018, 08:14 AM
 
Location: Gilbert, Arizona
2,940 posts, read 1,813,499 times
Reputation: 1940
Quote:
Originally Posted by cuebald View Post
Ronald Reagan began the destruction of the Middle Class, and ultimately America if we don't turn things back around.
Time to bring back the days where we had 20+ tax brackets and the highest marginal rate was over 70%
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Old 08-15-2018, 08:16 AM
 
Location: USA
18,498 posts, read 9,164,949 times
Reputation: 8528
Quote:
Originally Posted by man4857 View Post
And my raise was 1.7%...

I work for a Fortune 100 company too in engineering. Go figure.
It must be that STEM worker shortage.
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Old 08-15-2018, 08:19 AM
 
Location: Columbia, SC
37,217 posts, read 19,210,527 times
Reputation: 14912
Quote:
Originally Posted by AnesthesiaMD View Post
I dont think it was fear. People were more patriotic and felt more of a sense of duty back then, after coming out of WWII. Not just the CEOs, but the workers too. Workers didnt bounce around from job to job, shopping for the best deal, and CEOs treated the workers well and didnt close up shop to move to the nearest 3rd world country with workers who worked for pennies a day.
CEOs back then knew they were going to pay a top tax rate of 90% if they didn't spend their profits to expand and renovate their businesses and pay their employees well. Good employees were valued, respected, and paid living wages, but there was nothing altruistic about it. Business had to toe the line or the workers would destroy it. Especially true in union shops.

The bottom line is paying a living wage. No business should be allowed to operate that can't do it.

Last edited by cuebald; 08-15-2018 at 09:14 AM..
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Old 08-15-2018, 08:23 AM
 
718 posts, read 599,519 times
Reputation: 1152
Quote:
Originally Posted by moneill View Post
It is obvious you aren't sure what the problem is -- lol!!!!

You can't quote stats without some kind of understanding how it fits into the big picture.


And it will take wage growth of at least 3.5 to 4 percent for workers to begin to reap the benefits of economic growth–and to achieve a genuine recovery from the Great Recession.
https://tradingeconomics.com/united-states/wage-growth


https://www.epi.org/nominal-wage-tracker/#chart1
Add to that:


https://www.marketwatch.com/story/wa...nds-2018-07-17
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Old 08-15-2018, 08:27 AM
 
Location: NE Mississippi
25,578 posts, read 17,293,027 times
Reputation: 37334
Quote:
Originally Posted by cuebald View Post
CEOs back then knew they were going to pay a top tax rate of 90% if they didn't spend their profits to expand and removate their businesses and pay their employees well. Good employees were valued, respected, and paid living wages, but there was nothing altruistic about it. Business had to toe the line or the workers would destroy it. Especially true in union shops.

The bottom line is paying a living wage. No business should be allowed to operate that can't do it.
You make a good case for the unpopularity of organized labor. The workers have nothing invested in the company but still want to dictate the finances. Workers who have not improved their skills in many years expect pay raises and salaries far beyond what their jobs are worth.
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Old 08-15-2018, 08:28 AM
 
30,167 posts, read 11,803,456 times
Reputation: 18693
Quote:
Originally Posted by moneill View Post
That is a load of crock.

I know as many lazy conservatives as lazy liberals.

I did not say lazy conservatives or lazy liberals. Poorer people near the bottom who are lazy come from all parts of the political spectrum. The solution on the left is to reward people who have done nothing to better themselves.
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Old 08-15-2018, 08:30 AM
 
78,432 posts, read 60,613,724 times
Reputation: 49733
Quote:
Originally Posted by sindey View Post
Baloney!! I see disabled "lazy"people working every day. I see senior citizens working every day. Many people I know are working two and even three jobs just to pay their bills and feed their kids.
Nothing I hate more than those who have demonizing those who don't.
It's plain and simple greed from the top.
Actually it's supply and demand.

Employers will be forced to pay more when there are fewer workers available for a job.

Currently they have about 6 million illegals mowing lawns, painting houses, processing meat etc. in labor jobs plus a host of legal options like off-shoring call centers, manufacturing, programming and whatnot.

Plus of course the Visa-route for tech jobs.

I 100% agree that people struggling aren't lazy.
At the same time though, imagine you paint houses and you bid 6k and your competitor uses illegals and can bid 5k? You have HUGE wage pressure on you as to what you can pay your workers.

Corporations are under those same pressures, making tires for example in China without the environmental and other laws like in the US would give you a huge price advantage over a competitor that didn't. Then the average US consumer goes to buy tires and is OF COURSE going to buy the cheaper ones...does that make them greedy too?

It's a global economy. Get skills that cannot be done by cheap illegals or easily off-shored or on-shored or you're competing against the rest of the world where benefits are almost non-existent and wages are low etc. etc. etc.
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Old 08-15-2018, 08:33 AM
 
30,167 posts, read 11,803,456 times
Reputation: 18693
Quote:
Originally Posted by PCALMike View Post
The typical worker is never going to get ahead by getting some crumbs in a tax break (and subsequent cuts in Social Security and Medicare).

The reason the average Joe is seeing stagnation is because of elite monopolies, destroyed labor unions, erosion of the minimum wage, big money flooding into and destroying the electoral process, weakening of anti-trust legislation, anti-worker trade deals written by Wall Street, the list goes on and on.
The average worker without any skills will never get ahead and within some number of years be unemployable because of automation. If you are a 40 year old without any job skills beyond minimum wage whose fault is that? The rich? The GOP? What about personal responsibility?

I have an education and have ambition. I am doing fine. I could care less how people on "Wall Street" or any other street are doing. I am not envious of successful people. Things just do not happen because you think you "deserve" things. No one "deserves" anything.

The most income equal countries are also among the poorest. North Korea, Cuba and Venezuela. They also all have free health care and education for all. Belarus is also one of the most income equal countries and the average person makes $5,000 per year. Rich compared to the other three I mentioned. Socialist Kleptocracy in action

Last edited by Oklazona Bound; 08-15-2018 at 08:44 AM..
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Old 08-15-2018, 08:37 AM
 
Location: NY, NY
1,219 posts, read 1,756,335 times
Reputation: 1225
Quote:
Originally Posted by skeddy View Post
how come poor people blame rich people for being poor when it's their own fault?
Why do rich people believe they are smarter and generally better than poor people when the only reason they have more resources is because they won the birth lottery?
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