Those of you may be wondering why I would discuss this topic (having taken it from a recent EPI article). For a few years I did consulting work with a midsize firm. In most cases, we did not find Labor to be the largest cost of manufacturing product. Whacking Labor with low wages will not […]
Changing jobs for better conditions and pay become more of a danger during a poor economy. It is not a good time to be looking for a better job. Indeed, doing so may put your present job in danger if management finds out. Best bet is to hunker down for the time being. Been there […]
Most Americans do not realize who does the dirty work in the United States. By that I mean the menial jobs most Americans do not or would not do. If the money was there, they might do them. Higher wages plays out in higher costs such as food. ~~~~~~~ Introduction – “Immigrants are not hurting […]
This commentary reads as if it was published or posted in 2024. The date on it is September 30 which makes it relevant for what is occurring now and recently. But without the updates we would normally see, the detail may have changed somewhat as Angry Bear’s New Deal democrat points out in each commentary […]
Mostly about CEO wages with a comparison to hourly wage labor. No doubt, hourly wage workers have not kept pace with CEO wages or inflation. For all intents and purposes, Direct Labor wages are a small part of the cost of manufacturing when compared to materials and overhead. Labor input is what adds value to […]
Or you can talk about something else. I did this in early August also. As I said before, this used to be a weekly process and sometimes was very successful. As a subscriber. I am posting part of a Paul Krugman commentary from the past. It may interest you. You can always use your own […]
There is hype about the changes in Medicaid and how millions of people will be dropped from its rolls. Such will definitely happen. Millions of US citizens and noncitizens will be dropped from Medicaid. And as this has been said before repeatedly, millions of those noncitizens do the work citizens will not do. Also, the […]
“The American dream” is a century-old phrase used to describe the idea anyone can achieve success in the United States through hard work and determination. Today, about half of Americans (53%) say that dream is still possible. Another 41% say the American dream was once possible for people to achieve. It is not anymore. And 6% […]
President-elect Donald Trump appears to be siding with Elon Musk and his other backers in the tech industry. The dispute over immigration visas has divided his supporters. The question in my mind being? Why Go Out of Country for Labor besides a supposed belief the Labor is better? Most of the electronics techie people I […]
Nearly half of U.S workers will live in states with at least a $15 minimum wage by 2027, Economic Policy Institute In the 2024 election, Alaska and Missouri voters approved ballot measures to increase their state minimum wage to $15 an hour in the coming years. Now 15 states and Washington D.C. either have or […]