The Great Labor Force Debate

[ClearwaterVol]

I'm sure they would love to get them, they should apply for the eligible positions.

So screw the little guy is the motto.

 

[ClearwaterVol]

Either Lowes or Home depot gives wage earners an opportunity to recieve stock (or purchase at a discount). Went to church with a family who made out quite well with it.

Some companies handle things differently.

 

[NCFisher]

Investor groups can force boards of directors to start addressing this tomorrow, if they would.
Passive, auto-investment vehicles virtually guarantee its continuance.

I worked for a $9B corp that was severely underwater during the mortgage crisis. I was on the bond holders call while the CFO made his pitch; just one single 'no' and we were done.
The guy earned every dime he was paid, and kept all 10K people employed. Good managers and officers are invisible, too, until shite hits the fan.

 

[McDad]

So screw the little guy is the motto.

Only if you look at as cynical, adversarial, and exploitative.

 

[Rickyvol77]

Surely, I can say good things came out of a bad situation. The American worker finding out they are more powerful than they realized is one. On a personal note, I got to spend lots of time with my fiance before she passed (unexpectedly) during lockdown. So, yeah good can be found in bad situations.

Sorry to hear about that clear. Glad you got to utilize that extra time when you had it

 

[McDad]

Some companies handle things differently.

Are employees compelled by force or threat to remain at the ones doing things differently? Are they prohibited from applying to companies with better opportunities?

 

[Rickyvol77]

So the workers would hate to get those bonuses.

I’ve never worked at a place that everyone didn’t receive a yearly pay raise

 

[ClearwaterVol]

Are employees compelled by force or threat to remain at the ones doing things differently? Are they prohibited from applying to companies with better opportunities?

They've been told for years they are replaceable and they believed it until recently.

 

[ClearwaterVol]

Only if you look at as cynical, adversarial, and exploitative.

I do and it is.

 

[McDad]

They've been told for years they are replaceable and they believed it until recently.

You didn't answer the question.
I am not going to have an emotionally-based discussion with you. I cannot develop an understanding of how you think by discussing how you feel.

 

[lukeneyland]

Surely, I can say good things came out of a bad situation. The American worker finding out they are more powerful than they realized is one. On a personal note, I got to spend lots of time with my fiance before she passed (unexpectedly) during lockdown. So, yeah good can be found in bad situations.

I am really sorry she died. I know it’s just a message on internet, but I’m really sorry

 

[TheDeeble]

They've been told for years they are replaceable and they believed it until recently.

Was this before or after people received new fed govt money and extended unemployment benefits while quitting their jobs?

 

[McDad]

I do and it is.

That defines you more than you define others.

 

[hog88]

So screw the little guy is the motto.

You have yet to show where the little guy is getting screwed.

 

[Rasputin_Vol]

You maybe haven't used the word but you've used the concept. Just paying everyone more money fixes nothing

Everyone? Is that what you think he's saying or are you trying to read more into it?

 

[Rasputin_Vol]

Blame the casual investor and 401ks.

So it goes back to blaming the system itself? That is what I have said.

 

[ClearwaterVol]

Was this before or after people received new fed govt money and extended unemployment benefits while quitting their jobs?

That program has been over for quite some time. But it is always the knee jerk reaction to blame the little guy in this country. Have we all been trained to root for the big corporation?

 

[Rasputin_Vol]

The little guy isn't getting screwed. He wouldn't be making anymore money regardless what the CEO is making.

Edit: The way the little guy gets screwed in being laid off/fired because of short term thinking. Way too many publicly traded companies are ran by the quarter and stock price, the "you're only as good as your last quarter" mentality is screwing the little guy.

No we would have been better off had Glass-Steagall not been replaced by Gramm-Leach Bliley.

I agree.The problem isn’t wages. It’s the destruction of the buying power of those wages. Wage corrections cause inflation and no one gets screwed as hard by inflation as the poor and unpropertied

You all have just pointed out a systematic problem. It isn't just one thing that is holding down wages.

But it does sound like you all agree that there is a problem. At least acknowledge that @DonjoVol is correct on the basic level that most of these people are underpaid. Whether you agree with his premise or not, you at least seem to be aware of the issue he's raising.

 

[Rasputin_Vol]

Some companies handle things differently.

I love how they cherry pick one unicorn example and then use that for their general argument.

 

[VolStrom]

I’ve never worked at a place that everyone didn’t receive a yearly pay raise

So you've never worked for a private employer during hard times then?

 

[hog88]

You all have just pointed out a systematic problem. It isn't just one thing that is holding down wages.

But it does sound like you all agree that there is a problem. At least acknowledge that @DonjoVol is correct on the basic level that most of these people are underpaid. Whether you agree with his premise or not, you at least seem to be aware of the issue he's raising.

No, I will not agree that these people are being underpaid.

 

[Rasputin_Vol]

Only if you look at as cynical, adversarial, and exploitative.

Well, in a significant number of situations, that is exactly what it is.

Not "all", but a significant number.

 

[TheDeeble]

That program has been over for quite some time. But it is always the knee jerk reaction to blame the little guy in this country. Have we all been trained to root for the big corporation?

I'm not really rooting for anyone here. I asked last year where are all these people getting incomes from after they quit their jobs? Extra fed govt payouts, suspended student loan payments, and enhanced unemployment benefits due to Covid were introduced to the labor market. So there was a lot of supplemental income not previously available to assist all these people in quitting their jobs.

Would they have been so willing to quit their jobs without that extra govt money, suspended student loan payments, and enhanced unemployment benefit? I don't think it's a coincidence that people started quitting their jobs at pretty much the same time. Some of it is related to new found opportunity after Covid I'm sure. People quit and found an opportunity to work from home or do something independently instead.

But for the millions that didn't get a work from home job or start their own income stream, where did they get money from to pay bills, buy food, pay rent/mortgage ect if they weren't working for the past year or so.

Did it all happen because workers said enough is enough! Or was it because the fed govt made themselves a competitor for employers by offering abnormal govt benefits to employees choosing to stay home?

 

[Rickyvol77]

So you've never worked for a private employer during hard times then?

Of course I’ve always had between a 1-10% pay raise of some sort the four places I worked for

 

[GroverCleveland]

The parallel parking part of the backing test is stupid.

Why is that?