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06/15/11, 08:40 PM
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Join Date: Jul 2006
Location: Eastern North Carolina
Posts: 34,187
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Profits aren't really "rising"
The dollar amounts may be larger, but they are worth less
Profit MARGINS are what matter, and most companies do about the same overall
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ΜΟΛΩΝ ΛΑΒΕ
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06/15/11, 08:47 PM
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Join Date: May 2004
Location: Minnesota
Posts: 17,225
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Well, let's see. On one end you have Republicans creating policy that moves half the wealth to 2% of the population.
On the other end you have Democrats sucking off the other half and putting it into social programs for the bottom 25% of the population.
That leaves nothing for the working people.
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Flaming Xtian
I like your Christ, I do not like your Christians. Your Christians are so unlike your Christ.
Mahatma Gandhi
Libertarindependent
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06/16/11, 09:38 AM
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Join Date: Jan 2007
Location: Virginia
Posts: 3,917
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Quote:
Originally Posted by zant
Grandma Goo-Goo(pelosi) investments and wealth went up 62% since last year-I wanna be a dem politician  |
How are Republican wealth and investments doing?
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"When I give food to the poor, they call me a saint. When I ask why they are poor, they call me a communist"- Archbishop Camara
The Mad Luddite
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06/16/11, 10:50 AM
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Join Date: Oct 2006
Location: Northern Michigan (U.P.)
Posts: 9,488
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....while CEOs make record incomes,
General Motors CEO got $10 million bonus last month. AT&T CEO was fired and got $25 million. The list goes on and on. Upper management is stealing the profits made by the workers that rightly belong to the shareholders.
For two hundred years we protectted out borders. We became the leader of the world. In the past 15 years we've exported our jobs and imported their junk. Look where that's gotten us.
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06/16/11, 11:03 AM
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Join Date: Jan 2007
Location: Virginia
Posts: 3,917
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Corporate Efficiency seems to me, to be the process of eliminating skilled labor from its balanced sheets, replacing humans with automated processes that have no expectations of acheiving a particular lifestyle.
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"When I give food to the poor, they call me a saint. When I ask why they are poor, they call me a communist"- Archbishop Camara
The Mad Luddite
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06/16/11, 11:52 AM
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Join Date: Feb 2011
Location: Kerby, Oregon
Posts: 925
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Quote:
Originally Posted by lonelytree
My union buddy gets $46 an hour and 4 hours of overtime a day minimum @$69 an hour. Plus full benefits.
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Yep. A friend of mine, a plumber, landed a sweet one like that. $56 an hour, all the overtime he wanted. Job for a city project. And some people wonder why the tax payers are ticked off?
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06/16/11, 12:15 PM
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Join Date: Sep 2003
Location: Grand Valley, Ontario, Canada
Posts: 531
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Quote:
Originally Posted by NoClue
Corporate Efficiency seems to me, to be the process of eliminating skilled labor from its balanced sheets, replacing humans with automated processes that have no expectations of acheiving a particular lifestyle.
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Yup. It's called eliminating the human variable.
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"Follow the seekers of truth, but avoid the people who claim to have found it!" -- Jens Martin Knudsen
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06/16/11, 01:51 PM
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Join Date: Jul 2006
Location: northcentral MN
Posts: 14,378
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Quote:
Originally Posted by georger
Yup. It's called eliminating the human variable.
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And maximizing profits for management and shareholders. The latter are far more valuable than the people who actually produce the product in the eyes of some people and in our tax code.
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"Do you believe in the devil? You know, a supreme evil being dedicated to the temptation, corruption, and destruction of man?" Hobbs
"I'm not sure that man needs the help." Calvin
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06/16/11, 01:56 PM
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de oppresso liber
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Join Date: Sep 2006
Posts: 13,948
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Quote:
Originally Posted by HeelSpur
In a small town near me they are putting in new sewer lines and are suppose to re-asphult the road. Some of the locals ask for work and they were turned down because it was all union work. One of the Flaggers told a friend of mine that she was making $43 an hour. People here are willing to work for $8-$10 per hour, but they don't need help.
Unions may have been great at one time, but they have sure done their damage along the way.
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I don't know what the rate is now but back when the mimium wage was $3.35/hr the "slow guy" (the one holding the slow/stop sign) was making just over $19/hr.
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Remember, when seconds count. . .
the police are just MINUTES away!
Congress has no power to appropriate this money as an act of charity. Every member upon this floor knows it. . .Davy Crockett
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06/16/11, 01:57 PM
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de oppresso liber
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Join Date: Sep 2006
Posts: 13,948
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Quote:
Originally Posted by fishhead
Why is that while working class wages and benefits are dropping and profits are rising upper management is getting all the gold?
We need to demand 100% public financing of elections or I see no hope whatsoever for the American middle class. When they are gone so will be our economy. Greed will have consumed it and spit it out.
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Yeah, that'll work. It will work about as well as letting a raging alcoholic manage a bar.
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Remember, when seconds count. . .
the police are just MINUTES away!
Congress has no power to appropriate this money as an act of charity. Every member upon this floor knows it. . .Davy Crockett
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06/16/11, 03:14 PM
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Join Date: Jan 2004
Location: PA
Posts: 5,778
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Quote:
Originally Posted by ghmerrill
Yep. A friend of mine, a plumber, landed a sweet one like that. $56 an hour, all the overtime he wanted. Job for a city project. And some people wonder why the tax payers are ticked off?
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Yup, it's called "prevailing wage" and I have to figure $53 and change an hour when bidding a "prevailing wage" plumbing job... It's even higher for HVAC techs... The only reason for these types of jobs is to allow unionized companies and union employees a shot at bidding these jobs, since they have overpriced themselves...
You have to understand that when I bid a non "Prevailing Wage" job, I use an average of $20 (wages)per man hour and between $15-22 for over head..
So if I have a 100 man hours and bid it at $53 an hour it comes out to $5300 for labor and then I get to add some for overhead..If I use what I use for non-prevailing wage jobs, for 100 man hours at $20 = $2000 + (100 x $22 (the max I've used) = $2200) = $4200. So just in this simple example there is already a savings of $1100..
That is just the man hours for a job, not counting any materials..
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Pennsylvania Constitution, Article 1 Section 21 "The Right of the Citizens to bear arms in defense of themselves and the State shall not be questioned"
www.pafoa.org
http://www.45thpacok.com
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06/16/11, 03:16 PM
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Join Date: Aug 2007
Posts: 1,182
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Quote:
Originally Posted by georger
This is how the rich get richer in capitalism - by scre**ng the workers. No surprise. I think it's just a matter of time before workers in China start to demand a better share of the pie, then the dream of manufacturing for dirt cheap wages will have to change.
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Scre**ing workers is the leftist way the rich stay rich. The right, and capitalism prior to being corrupted by leftists, helped educate/elevate the workers by teaching them how to do things, and giving them the opportunity to work hard and become rich, as well, which NEVER occurs in leftist utopia.
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