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re: Baltimore Orioles Executive VP Speaks Truth: US Elite Class Has No Loyalty
Posted on 5/1/15 at 6:06 pm to Nuts4LSU
Posted on 5/1/15 at 6:06 pm to Nuts4LSU
quote:
US labor can't compete with third-world labor on cost no matter what we do, so unions have nothing to do with it. Your statement is like saying raising the cost of a private jet from $60 million to $75 million has priced the middle class out of the private jet market. They couldn't afford $60 million, so the increase to $75 million has nothing to do with why the middle class aren't buying private jets. Americans won't, and can't, work for 50 cents a day and therefore will never be able to compete with third world labor on cost.
Quality could be a selling point but instead we gutted our educational system and produced a generation of practically illiterate potential laborers. Duties and tariffs could help a little but instead we (unlike almost all of our trading "partners") have almost none and actually provide tax incentives to ship jobs overseas.
Blaming labor unions for the lack of decent manufacturing jobs in this country is ridiculous.
All of this ^, is dead on.
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Posted on 5/1/15 at 7:30 pm to 10888bge
Capitalism and democracy fail.
Keep the capitalism, replace the democracy.
Keep the capitalism, replace the democracy.
Posted on 5/2/15 at 6:05 pm to cokebottleag
GE paid like -12% in taxes one year. You don't get rich by paying out money ijs
Posted on 5/2/15 at 9:01 pm to hipgnosis
This post was edited on 5/2/15 at 9:02 pm
Posted on 5/3/15 at 8:19 am to hipgnosis
quote:
But I'm as lost as anybody on what is going to happen, or what we should do.
What we should do as a country is wake up and realize that the millionaires we elect to government positions will never have the same needs and interests as us regular class people. We need to elect a regular person that's not a millionaire to represent us.. Sadly I don't ever see that happening the rich have to much of a stranglehold and have worked too many years to get in the position they are at now. A revolution uniting the people against the government and basically starting over a new goveremt is what we need.. Will prob not happen in my lifetime..
Once the soil is goes bad with no nutrients it's time to turn it over.
Posted on 5/7/15 at 11:23 am to aggressor
quote:
The best method is to minimize regulation and allow people and companies to stay nimble and competitive. Do that and you end up with more competition which results in higher wages and better working conditions because companies will compete for workers.
If that were true, nobody would care what the minimum wage was because all companies would be paying above it.
quote:
Unions by their nature try to get as much as possible for their members and in the end will raise the wages and benefits of their members above what they would normally earn in a free market
You do realize that unions are a part of that free market, right? Not allowing workers to bargain collectively as a unit while the company and its management are, by nature, able to do so creates an artificial limitation on the free market. Free actors in a free market should be free to act as a collective in order to negotiate their best deal. Unions don't distort a free market, they CREATE one.
Posted on 5/7/15 at 12:28 pm to Nuts4LSU
quote:
You do realize that unions are a part of that free market, right? Not allowing workers to bargain collectively as a unit while the company and its management are, by nature, able to do so creates an artificial limitation on the free market. Free actors in a free market should be free to act as a collective in order to negotiate their best deal. Unions don't distort a free market, they CREATE one.
Well said. A documentary called Inequality for All touches on this very subject.
It follows the teaching of Robert Reich, one of the most respected economists in the world.
Posted on 5/7/15 at 5:00 pm to cokebottleag
quote:
Where are the calls for the government to be more loyal to the elite class? Or to not tax corporations at the highest tax rate in the world?
LOL, that's literally one of the dumbest things I've ever heard. The elites own the government. Who do you think funds those campaigns? Who pays the lobbyists who write the bills that Congress passes? Who lobbied for a complex tax code with a million loop holes so they could get a leg up on their competitors?
It wasn't you. It wasn't me. It was those elites you feel so sorry for. Whose opinion matters more to your Congressmen, yours or the guy funding his campaign? I'll give you a hint, he couldn't care less about your opinion (aside from giving it lip service during the campaign).
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