Corporations Rewriting US Labor Laws

Spoonman

Gold Member
Jul 15, 2010
18,163
7,661
330
Corporations Rewriting US Labor Laws | CindysBeenTrippin

Corporations Rewriting US Labor Laws

by billdo on November 2, 2013


Washington - U.S. state legislators and corporate lobbies have engaged in an unprecedented attack on minimum wages that has lowered U.S. labor standards, according to new research released Thursday.

The report by the Economic Policy Institute (EPI), a think tank here, is the first of its kind, providing a comprehensive overview of all legislation enacted over the past two years across all 50 U.S. states.

According to EPI researchers, some of the country’s largest corporate lobbies have engaged in an intense attack on U.S. labour standards and workplace protections, including minimum wage laws, the amount of paid sick leave offered, and even child labour protections.
 
Minimum wage needs to be restructured around industries instead of one size fits all.

If flipping burgers demands 7 dollars per hour = 7 dollar minimum wage
If being a doctor is typically 40 dollars per hour then so be it.

Or maybe we could go to 10 dollars federally. That would be like taking a machine gun to kill a goat.
 
Wages have remained essentially flat for the last 30 years. Even as productivity has increased dramatically. The increase has all gone to the top, the people earning the profit have not shared in the wealth. Not only is that counterproductive, it is also a drag on the economy, as the wages of the workers drive the economy.
 
what we need to do is reduce the cost of living

How do we do that?

for starters, stop raising the debt ceiling. reduce the deficit and stop printing money to cover our ever growing debt. we are causing inflation. our government is fully aware if the rate inflation is setting in but refuse to acknowledge it.





1. Any program that is currently federal could probably be handled better and cheaper by the states, figuring that local folks would keep a closer eye on the funds being spent…For example:

a. Federal housing programs should be completely disbanded, as they were the reason for the mortgage meltdown. And, clearly, the right to a home is not in the Constitution.

b. Federal highway and mass transit programs, budgeted at $41.3 billion in 2011. Eisenhower’s Federal Aid Highway Act of 1956 was supposed to expire in 1972, “designed to create a national 41,250-mile highway system to be completed by 1969.” It has been expanded to 160,000 miles. The 18.4 cents federal fuel tax to fund the plan could be assumed by the states (I know, the Constitution gives the feds the power to establish ‘post roads’… can’t we assume that to have been done?). Federal Highway Funding | Downsizing the Federal Government




2. The average federal employee earned $81,258 per year in 2009. The average private-sector worker earned $50,462. When benefits are added, the private-industry worker gets $10,500, while the federal employee gets $42,000- or more! Federal workers earning double their private counterparts - USATODAY.com

a. The disparity has grown from 66% in 2000, to 101% in 2009.
Federal Employees Continue to Prosper | Cato @ Liberty

b. When you compare job-to-job, which is difficult as job titles are hard to compare, total compensation for federal employees is 50% higher than private sector counterparts. Even considering skill, education, and seniority, it’s still a large disparity.
USAToday, op.cit.

c. “An apples-to-apples comparison shows that the federal pay system gives many federal workers significantly more compensation than they would get in the private sector. The total premium costs taxpayers $40 billion (according to Richwine and Biggs) or $47 billion (Sherk) per year above market rates.” Federal Pay Still Inflated After Accounting for Skills
[see also ]Protected Blog ? Log in




3. In addition to the lack of fairness, consider the effect on society if we incentivize government work as opposed to private work, and business creation…and the effect on innovation and productivity.

a. Traditionally, one could expect security from a government job, but lower pay. Now, since public employees have been allowed to unionize, we have public unions negotiating against the government, and using union funds to elect pro-union politicians.
 
Wages have remained essentially flat for the last 30 years. Even as productivity has increased dramatically. The increase has all gone to the top, the people earning the profit have not shared in the wealth. Not only is that counterproductive, it is also a drag on the economy, as the wages of the workers drive the economy.

NO FLAT...,DECLINING...not only in terms of purchasing power, but in terms of absolute numbers.

The Average WHITE MAN's income in the USA has DECLINED back to what WHITE MEN were making in 1991!~
 
Wages have remained essentially flat for the last 30 years. Even as productivity has increased dramatically. The increase has all gone to the top, the people earning the profit have not shared in the wealth. Not only is that counterproductive, it is also a drag on the economy, as the wages of the workers drive the economy.

Productivity has increased because of technology not because people are working harder.

And the people who earn make the profit are not obligated to share it. Workers agree to trade their time for dollars therefore their profit is the money they receive for selling their labor.

If they want to get more for their labor then they have to acquire skills that demand more on the market.
 

Forum List

Back
Top