MaggieMae
Reality bits
- Apr 3, 2009
- 24,043
- 1,635
- 48
But for those who deal in realities instead of feel good socialist talking points, they would see that:
1) No truly successful company abuses its employees.
2) Companies who cut corners to save labor costs get the bottom of the barrel of available labor.
3) Companies that provide the best deal for their employees get the best employees. And they will thrive when others are floundering.
4) A healthy economy is the best incentive for companies to provide a good deal for their employees because everybody will be competing for good people.
That's how it works in the free market unfettered by government interference.
But in an economy that sucks as bad as the U.S. economy right now, I applaud those companies that have reduced hours across the board rather than lay more people off. A part time job generally pays better than unemployment, and it pay a whole lot better than no job and no unemployment.
I wholeheartedly agree with your four points. So why have they done it? (Again, not implying every company squeezes its employees, but a vast number of them have beginning only in the last decade.)
Dysfunctional Management Education and Declining Global Competitiveness of the United States Economy
Since 2001, over 5 million people have lost their health benefits while about 3 million quality manufacturing jobs disappeared. In his State of the Union speech of 2006, President Bush boasted his records of job creation and low unemployment rate. In reality, a bulk of new jobs that President Bushs economic policies created are low paying service jobs and part-time jobs. The working poor have swelled in number and are toiling in the minimum wage and dead-end jobs with no health and pension benefits. The middle class is rapidly thinning out.
The loss in manufacturing jobs causes compounding losses in suppliers and related quality service jobs.