So, productivity is up. Wages are down. Productivity gains thus go to those who
have not been more productive. What else is new?
A constant (and unending)supply of illegal immigrant trespassers is THE biggest
reason wages have stayed depressingly low for poor and/or unskilled workers.
"The study found that wages dropped over all occupations by 2.8 percent
between 2009 and 2012"Thanks, BO – for nothing!"lower-wage American workers have accounted for the lion's share of
the jobs created since the 2007-2009 Great Recession"thanks, BO
– for nothing!"The Fiscal Times says that part of the
explanation for the growth in these low-wage sectors may be the Affordable Care
Act."Thanks, BO – for nothing!Maybe this data
should be impressed again and again on kids in high school and jr high, so they
will get the idea that education is essential if they don’t want to be
stuck in a dead-end, low wage job.
It is telling that those that have lost the most in the last few years voted
en-mass for more of the same.
A successful McDonalds fast food establishment probably has an average net
income of $250,000. per year. One thatowns that business and is in this bracket
really has to manage superb. Managers earn $30k plus if there for a while. So,
if they paid their employees a little more they should have more dedicated
workers. These places are high pressure because of the need of fast service.
Some of the items they sell are not profitable like the dollar menu. It is to
bad that families have to depend on the lower paying jobs to support theirs, but
the opportunity to better ourselves is always there in this country.Items
such as gasoline/transportation is destroying the economy in this country. A 42
gallon of oil produced is 4 times the price it costs to make it due to the stock
market as many other items are over valued. Prices of stocks should be based on
actual values and not controlled by the stock traders and the economy would be
improved significantly.Prices are extreme just because we are willing to
pay them. Consumers can be effective if we ever begin to work together and
decrease the usage of things that are overpriced.
How much has inflation cost our workers. Add that on to the no raise than say
how much their loosing.