Message boards :
Politics :
Wages and Margins.
Message board moderation
Author | Message |
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Bobby Culpepper Send message Joined: 5 Apr 08 Posts: 29 Credit: 43,368 RAC: 0 |
Many companies have margins that are so low these companies can not afford to pay workers satisfactory, and these same companies have prices so low that other or new companies can not compete and are run out of the market. The new adminstration must put a stop to this practice. Companies and their owerners/stockholders should not be rewarded if they keep wages down. |
OzzFan Send message Joined: 9 Apr 02 Posts: 15691 Credit: 84,761,841 RAC: 28 |
Lower prices means that consumers can get more for their money, allowing them to stretch their dollar further (which means more spending). Forcing companies to charge more for their wares will only cause people to find it cheaper elsewhere (the internet, outside U.S. jurisdiction, black market). Making more laws will not fix the problem, and forcing the free market into higher prices is not a good thing for consumers just so employees can make higher wages. |
zoom3+1=4 Send message Joined: 30 Nov 03 Posts: 66162 Credit: 55,293,173 RAC: 49 |
Did You ever think low margins could also mean that the company is only making so much money? Afterall one can't get blood from a turnip. The T1 Trust, PRR T1 Class 4-4-4-4 #5550, 1 of America's First HST's |
Aristoteles Doukas Send message Joined: 11 Apr 08 Posts: 1091 Credit: 2,140,913 RAC: 0 |
actuslly it does not matter since if they get better wages, prices would go up, and in the end they get just the same amount of things, then we can talk about do they need those things, and mostly not. |
skildude Send message Joined: 4 Oct 00 Posts: 9541 Credit: 50,759,529 RAC: 60 |
the innovation in manufacturing is finding faster and/or cheaper ways of making the same product. This usually means added automation which removes people from the picture. In a rich man's house there is no place to spit but his face. Diogenes Of Sinope |
Bobby Culpepper Send message Joined: 5 Apr 08 Posts: 29 Credit: 43,368 RAC: 0 |
You are right about lower prices mean the customer gets more for their money, but the customer is also the worker. When wages drop so low, the customer has no money to spend no manter how low the price is. |
Death2Gnomes Send message Joined: 30 Nov 00 Posts: 48 Credit: 246,481 RAC: 0 |
If a country can be self-sufficient why would they want imports of stuff they already sell? The US screwed the worlds economy up, now its own economy is in the crapper so deep it can't get out. Well, if they stopped importing everything and anything they might "Red Warrior Needs Food Badly" |
StormKing Send message Joined: 6 Nov 00 Posts: 456 Credit: 2,887,579 RAC: 0 |
If a country can be self-sufficient why would they want imports of stuff they already sell? The US screwed the worlds economy up, now its own economy is in the crapper so deep it can't get out. Well, if they stopped importing everything and anything they might I would suggest you read up on the economics of trade. I do agree; however, that the us should reduce it's trade deficit. Why do countries trade? Shouldn't a strong country such as the United States produce all of the computers, television sets, automobiles, cameras, and VCRs it wants rather than import such products from Japan? Why do the Japanese and other countries buy wheat, corn, chemical products, aircraft, manufactured goods, and informational services from the United States? Continued... |
Robert Waite Send message Joined: 23 Oct 07 Posts: 2417 Credit: 18,192,122 RAC: 59 |
The shipping of jobs overseas has had the twofold effect of transfering inflation to the counties doing our manufacturing and driving local wages down in the fruitless attempt to remain competitive. While this seemed like a good idea to the corporate strategists, who have only seen their own salaries increase by unprecidented amounts along with the salaries of CEO's and boardroom types, it's the working class who've seen the darker side of globalization. Cheap consumer goods is not the answer to an economic model that excludes the well being of working people. End rant. |
skildude Send message Joined: 4 Oct 00 Posts: 9541 Credit: 50,759,529 RAC: 60 |
The shipping of jobs overseas has had the twofold effect of transfering inflation to the counties doing our manufacturing and driving local wages down in the fruitless attempt to remain competitive. The Chinese are now getting a feel for the Capitalist life. Seems wages were becoming a major issue and factories are now unable to produce their intended goods at the agreed upon price. Such a shame that such a nice country could get hit with wage concerns In a rich man's house there is no place to spit but his face. Diogenes Of Sinope |
Robert Waite Send message Joined: 23 Oct 07 Posts: 2417 Credit: 18,192,122 RAC: 59 |
That would be the inflation I spoke of kicking in. It also explains why deadly additives are being used in consumer goods such as toothpaste and milk products. They even poisoned our pets last year in the chase to lower costs. Yup, moving manufacturing to unregulated poverty zones around the world sure has been good for us consumers here in North America. As an added bonus, we even get all of that mercury and lead in our consumables for nothing. |
zoom3+1=4 Send message Joined: 30 Nov 03 Posts: 66162 Credit: 55,293,173 RAC: 49 |
The shipping of jobs overseas has had the twofold effect of transfering inflation to the counties doing our manufacturing and driving local wages down in the fruitless attempt to remain competitive. Now wouldn't It be real ironic If Factories were setup over here in the USA and some business went to China? As in having the Chinese out sourced. :D The T1 Trust, PRR T1 Class 4-4-4-4 #5550, 1 of America's First HST's |
Robert Waite Send message Joined: 23 Oct 07 Posts: 2417 Credit: 18,192,122 RAC: 59 |
If we come to the point where we are willing to work for less than an uneducated rural Chinese migrant worker from some destitute backwater town, we'll find plenty of jobs coming back here. Ironic indeed. |
Bobby Culpepper Send message Joined: 5 Apr 08 Posts: 29 Credit: 43,368 RAC: 0 |
I noticed some comments suggest the USA has a single economic policy. Please remember the USA is made up of individuals each with their own agenda. What is good for WalMart and other Big retailers is not necessarily good for most Americans. This is why government intervention is necessary. There are situations when the needs of the worker must be placed ahead of low prices. |
RichaG Send message Joined: 20 May 99 Posts: 1690 Credit: 19,287,294 RAC: 36 |
Most likely if WalMart had union workers the government would also be giving them a bailout. |
Death2Gnomes Send message Joined: 30 Nov 00 Posts: 48 Credit: 246,481 RAC: 0 |
I noticed some comments suggest the USA has a single economic policy. Please remember the USA is made up of individuals each with their own agenda. What is good for WalMart and other Big retailers is not necessarily good for most Americans. This is why government intervention is necessary. There are situations when the needs of the worker must be placed ahead of low prices. The problem with this "theory" of intervention is a myth. To the government controlled by lobbyists and campaign contributions this just doesn't happen unless you refer to bailouts as the so called interventions. Upper management just does not give a **** about its workforce with the notion the "someone is always looking for a job" and why retain long term dedicated people, we would only have to give them annual raises and heaven forbid, a pension. This is the mentality of the average CEO right after the "my wallet gets filled first" contract clause, after all new hires are cheaper to pay. "Red Warrior Needs Food Badly" |
Bobby Culpepper Send message Joined: 5 Apr 08 Posts: 29 Credit: 43,368 RAC: 0 |
At least there could be a national sales tax to pay for the tax refunds/stimulus checks. |
zoom3+1=4 Send message Joined: 30 Nov 03 Posts: 66162 Credit: 55,293,173 RAC: 49 |
At least there could be a national sales tax to pay for the tax refunds/stimulus checks. I don't know If that's even constitutional, In any case until Congress wants to do that, It's Tabled(Dead). The T1 Trust, PRR T1 Class 4-4-4-4 #5550, 1 of America's First HST's |
Tribble Send message Joined: 21 Feb 02 Posts: 65 Credit: 7,978,002 RAC: 0 |
You just need to align the minimum wage to that of other countries. It needs to be based on the poverty level. The problem with that is the current guidelines that dictate what the poverty level is, is well crap. http://www.census.gov/hhes/www/poverty/threshld/thresh07.html Taking in account similar environments and prices for general goods (After currecy conversion) the U.S. Goverment thinks that five people can live on the same income and 1 Australian yet the costs of goods are the same (After conversion) Example is a loaf of bread. For a named brand I pay $2.30 a loaf 2.30 AUD = 1.48826 USD So the costs are relative yet the minimum wage for a full time worker (38hrs here) is 3x that of the poverty limit in the U.S. or rather enough to support four Americans on our minimum wage and not be in poverty. Why keep the poor so damn poor for? It places undue stress on the health and welfare system AND you generate less taxes. |
Bobby Culpepper Send message Joined: 5 Apr 08 Posts: 29 Credit: 43,368 RAC: 0 |
I do not know why we keep the poor so poor, but that is why our economy crashed. Many people are so poor that when gas went up over the last couple of years some could not afford the pay the babysitter and buy gas to go to work. There was no money to buy anything but gas. Some people quit work because they were losing money going to work and some were laid off because sales fell. Only the government can fix this problem. |
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