Home › Forums › Financial Markets/Economics › Statistics on Decline of U.S. Middle Class
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October 28, 2010 at 2:44 PM #624934October 28, 2010 at 9:38 PM #624060Allan from FallbrookParticipant
[quote=yogamom]It is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.[/quote]
Uh, yeah. Speaking of propaganda, you’re the one spreading it. Heard of OSHA? Child labor laws? Anti-discrimination laws?
Yes, the unions were once necessary. No longer. Take a look at the demise of GM, which was caused in no small part to the self-destructive collective bargaining agreements that the UAW and AFL-CIO pushed through.
Here’s an excellent article from the Economist about unions: http://www.economist.com/blogs/democracyinamerica/2010/10/unions_america
States throughout the Union are in huge trouble financially right now, and, again, due in no small part to pension obligations imposed by union deals.
Unions inflate wages to the point that businesses cannot afford to effectively compete, which then drives jobs elsewhere. I have to work with unions on a regular basis and, for my troubles, I get over-priced, under-skilled workers, who have nothing but contempt for those paying their wages. I’m told all about the “benefits” of employing union workers, but I have yet to see it. Instead, I’ve gotten shoddy workmanship, bad attitudes, and a sense of entitlement completely at odds with the skill level.
October 28, 2010 at 9:38 PM #624144Allan from FallbrookParticipant[quote=yogamom]It is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.[/quote]
Uh, yeah. Speaking of propaganda, you’re the one spreading it. Heard of OSHA? Child labor laws? Anti-discrimination laws?
Yes, the unions were once necessary. No longer. Take a look at the demise of GM, which was caused in no small part to the self-destructive collective bargaining agreements that the UAW and AFL-CIO pushed through.
Here’s an excellent article from the Economist about unions: http://www.economist.com/blogs/democracyinamerica/2010/10/unions_america
States throughout the Union are in huge trouble financially right now, and, again, due in no small part to pension obligations imposed by union deals.
Unions inflate wages to the point that businesses cannot afford to effectively compete, which then drives jobs elsewhere. I have to work with unions on a regular basis and, for my troubles, I get over-priced, under-skilled workers, who have nothing but contempt for those paying their wages. I’m told all about the “benefits” of employing union workers, but I have yet to see it. Instead, I’ve gotten shoddy workmanship, bad attitudes, and a sense of entitlement completely at odds with the skill level.
October 28, 2010 at 9:38 PM #624706Allan from FallbrookParticipant[quote=yogamom]It is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.[/quote]
Uh, yeah. Speaking of propaganda, you’re the one spreading it. Heard of OSHA? Child labor laws? Anti-discrimination laws?
Yes, the unions were once necessary. No longer. Take a look at the demise of GM, which was caused in no small part to the self-destructive collective bargaining agreements that the UAW and AFL-CIO pushed through.
Here’s an excellent article from the Economist about unions: http://www.economist.com/blogs/democracyinamerica/2010/10/unions_america
States throughout the Union are in huge trouble financially right now, and, again, due in no small part to pension obligations imposed by union deals.
Unions inflate wages to the point that businesses cannot afford to effectively compete, which then drives jobs elsewhere. I have to work with unions on a regular basis and, for my troubles, I get over-priced, under-skilled workers, who have nothing but contempt for those paying their wages. I’m told all about the “benefits” of employing union workers, but I have yet to see it. Instead, I’ve gotten shoddy workmanship, bad attitudes, and a sense of entitlement completely at odds with the skill level.
October 28, 2010 at 9:38 PM #624833Allan from FallbrookParticipant[quote=yogamom]It is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.[/quote]
Uh, yeah. Speaking of propaganda, you’re the one spreading it. Heard of OSHA? Child labor laws? Anti-discrimination laws?
Yes, the unions were once necessary. No longer. Take a look at the demise of GM, which was caused in no small part to the self-destructive collective bargaining agreements that the UAW and AFL-CIO pushed through.
Here’s an excellent article from the Economist about unions: http://www.economist.com/blogs/democracyinamerica/2010/10/unions_america
States throughout the Union are in huge trouble financially right now, and, again, due in no small part to pension obligations imposed by union deals.
Unions inflate wages to the point that businesses cannot afford to effectively compete, which then drives jobs elsewhere. I have to work with unions on a regular basis and, for my troubles, I get over-priced, under-skilled workers, who have nothing but contempt for those paying their wages. I’m told all about the “benefits” of employing union workers, but I have yet to see it. Instead, I’ve gotten shoddy workmanship, bad attitudes, and a sense of entitlement completely at odds with the skill level.
October 28, 2010 at 9:38 PM #625149Allan from FallbrookParticipant[quote=yogamom]It is true we have dismissed the idea of labor unions all too frequently and it is a very bad idea. Labor unions protect workers from abuses related to working hours and safety. They assure workers have a voice in pay and benefits and are not sacrificed for the benefit of the chosen few at the top.
We have to deal with the fact that a business will blame unions for high wages. It is the job of a union to protect the wages and benefits of workers who otherwise have no ability to bargain. It is time to recognize the propaganda that is circulated about the adverse consequences of unions by company management. It is also time to defend the rights of workers who are productive and critical to the success of the employer they work for.[/quote]
Uh, yeah. Speaking of propaganda, you’re the one spreading it. Heard of OSHA? Child labor laws? Anti-discrimination laws?
Yes, the unions were once necessary. No longer. Take a look at the demise of GM, which was caused in no small part to the self-destructive collective bargaining agreements that the UAW and AFL-CIO pushed through.
Here’s an excellent article from the Economist about unions: http://www.economist.com/blogs/democracyinamerica/2010/10/unions_america
States throughout the Union are in huge trouble financially right now, and, again, due in no small part to pension obligations imposed by union deals.
Unions inflate wages to the point that businesses cannot afford to effectively compete, which then drives jobs elsewhere. I have to work with unions on a regular basis and, for my troubles, I get over-priced, under-skilled workers, who have nothing but contempt for those paying their wages. I’m told all about the “benefits” of employing union workers, but I have yet to see it. Instead, I’ve gotten shoddy workmanship, bad attitudes, and a sense of entitlement completely at odds with the skill level.
September 7, 2011 at 11:17 AM #728559AecetiaParticipantHow long does it take to become a millionaire?
“Last time I checked, if you make $200,000 a year, you aren’t necessarily a millionaire. In fact, you are likely far from being a millionaire! But according to President Obama, it takes you a nanosecond to become a millionaire once you make $200,000 a year.”September 7, 2011 at 3:23 PM #728598fun4vnay2ParticipantGuys
As a common man using sheer common sense here are my comments:
America needs lots of middle class jobs
It does not matter if Americans are good at maths science or whatever, what matters is the pay::If a company can hire a talented worker/engineer for $30K/year in India why would it hire one in USA for $100K/year.
I am personally seeing lots of knowledge job flights to countries like India which really got me worried about the middle class in America here.
Either the wages have to come down here drastically or there may be a point when outsourcing would become very expensive.
With all the advancement in technology which has happened and is happening, this paints a worrisome picture for middle class here.First the manufacturing jobs now the high end/knowledge jobs..
September 7, 2011 at 3:55 PM #728600fun4vnay2ParticipantFrom what I heard from my close friends working on Qualcomm, Motorola wants to be as far as possible from Qualcomm.
September 7, 2011 at 4:24 PM #728603anParticipant[quote=dd123]From what I heard from my close friends working on Qualcomm, Motorola wants to be as far as possible from Qualcomm.[/quote]
MMI haven’t used QCOM’s chip in their android phone since day one. So, that’s not surprising that they want to be far away from QCOM. HTC is a much bigger customer for QCOM. -
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