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This Is Why Stagnant Working Class Wages Are Unsustainable...


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How about we start requiring companies to pay enough in wages so that people can buy their own food?

The best way to higher wages is to have more jobs than people willing to fill them. I have always made my best money in places where labor was in demand and there were not enough employees to go around. You end up working a boatload of overtime and get treated with respect. Once the work slows down the wages and respect goes down with it.

Just my simplistic two cents worth.

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The best way to higher wages is to have more jobs than people willing to fill them. I have always made my best money in places where labor was in demand and there were not enough employees to go around. You end up working a boatload of overtime and get treated with respect. Once the work slows down the wages and respect goes down with it.

Just my simplistic two cents worth.

And that can solve the systemic problem of stagnant or declining working class wages nationwide how?

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The best way to higher wages is to have more jobs than people willing to fill them. I have always made my best money in places where labor was in demand and there were not enough employees to go around. You end up working a boatload of overtime and get treated with respect. Once the work slows down the wages and respect goes down with it.

Just my simplistic two cents worth.

But that's the problem, companies aren't looking to increase production and expand with their profits to open up more jobs. They are hoarding it and leaving the job creation on the bottom of the list of priorities. When profits, go down, they layoff and demand the same production from less workers without an increase in wages.

Edited by MDFMK
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But that's the problem, companies aren't looking to increase production and expand with their profits to open up more jobs. They are hoarding it and leaving the job creation on the bottom of the list of priorities. When profits, go down, they layoff and demand the same production from less workers without an increase in wages.

And that's why all of this is unsustainable, because we're quickly reaching the point where the workers make so little that they have to rely on public assistance. Now with the welfare cuts, businesses are starting to see their bottom lines getting hurt. There aren't enough workers to fire to make up that difference and they can't lower benefits and salaries much lower than they are now. We're going to see a lot more companies in this situation.

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And that can solve the systemic problem of stagnant or declining working class wages nationwide how?

Gerrymandering wage structures goes hand in hand with wage and price controls and are not long term solutions to higher wages. Just think about supply and demand and you`re on the right track.

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Let it happen, man. It's a sad state of affairs when the only way to wake people up is a rude awakening but so many are taught to repeat nonsense that is against their own best interest. Only a harsh reality wake up call will bring this debate to the forefront.

Edited by MDFMK
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But that's the problem, companies aren't looking to increase production and expand with their profits to open up more jobs. They are hoarding it and leaving the job creation on the bottom of the list of priorities. When profits, go down, they layoff and demand the same production from less workers without an increase in wages.

Businesses are not expanding and creating jobs because they are not sure which way the political winds will blow tomorrow. It`s talk like the kind you and Acworth are engaged in that terrifies them.

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Businesses are not expanding and creating jobs because they are not sure which way the political winds will blow tomorrow. It`s talk like the kind you and Acworth are engaged in that terrifies them.

You're just repeating the bullshìt rhetoric. Dude, those people have all of the politicians in their pocket! There isn't an uncertainty. It's just a blame game.

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Gerrymandering wage structures goes hand in hand with wage and price controls and are not long term solutions to higher wages. Just think about supply and demand and you`re on the right track.

Blah blah blah supply and demand blah blah blah uncertainty blah blah blah.

How about you offer a real solution to the current systemic problem? Spouting rhetoric isn't a solution.

Nobody is talking about "price controls". We're talking about worker wages that keep pace with inflation over time.

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Businesses are not expanding and creating jobs because they are not sure which way the political winds will blow tomorrow. It`s talk like the kind you and Acworth are engaged in that terrifies them.

What, specifically, is this uncertainty that is causing businesses to horde cash instead of expanding and creating jobs?

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You're just repeating the bullshìt rhetoric. Dude, those people have all of the politicians in their pocket! There isn't an uncertainty. It's just a blame game.

Trying to wave a legislative magic wand that will take us all to the promise land is pure fantasy. People need to be inspired to start businesses and businesses need to be inspired to grow. Once there is a shortage of manpower many of the problems you now see will "magically" go away. Once you have a shortage of manpower you then must resist the urge to import cheap labor. This will in turn keep wages high.

Edited by Rambler
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But that's the problem, companies aren't looking to increase production and expand with their profits to open up more jobs. They are hoarding it and leaving the job creation on the bottom of the list of priorities. When profits, go down, they layoff and demand the same production from less workers without an increase in wages.

People don't build businesses to create jobs. They do so to provide a specific service which people will pay for and to create profits for them self and those who put their capital at risk to assist them.

Businesses aren't a social development playground for the retrogressive left.

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What, specifically, is this uncertainty that is causing businesses to horde cash instead of expanding and creating jobs?

How many business owners actually know how Obama Care will impact them in the long run? Lets see a show of hands of all business owners here who are anxious to hire that 50th employee?

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Trying to wave a legislative magic wand that will take us all to the problem land is pure fantasy. People need to be inspired to start businesses and businesses need to be inspired to grow. Once there is a shortage of manpower many of the problems you now see will "magically" go away. Once you have a shortage of manpower you then must resist the urge to import cheap labor. This will in turn keep wages high.

You're still repeating a disclaimer.

What more inspiration is there than growing profits? Does someone need to sing them a legislative lullaby? laugh.png

At this moment, this country hasn't been this pro-business since before the great depression. And it is still growing in that direction. It's cool, though. Keep repeating it and asking for more of what they're already getting. In the end, they, and you, will be getting the very thing they are scared of. A collapse and reform.

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How many business owners actually know how Obama Care will impact them in the long run? Lets see a show of hands of all business owners here who are anxious to hire that 50th employee?

How many businesses have exactly 48 or 49 employees and are thinking about hiring that extra one or two? You're talking about a tiny fraction of businesses and ignoring the larger economic trend. Look at the articles that I've posted. We're talking about McDonalds and Walmart seeing their profit eaten into because working class people like their own employees can't afford to buy their stuff because of low wages.

"Well everyone should just start their own business and be successful and then we wouldn't have any employment problems."

And then you talk about waiving a magic wand? blink.png It's very hard to start a business when you don't even have enough money to feed your family each month. Those Walmart cashiers living on food stamps can't just plot down tens of thousands of dollars to get a business going.

That's part of why this is unsustainable, btw. Because working class wages have declined over the past thirty years, fewer workers have the financial means to save up and try to be entrepreneurs themselves. The stagnant and declining wages makes upward mobility even harder, which undermines the middle class even more and eventually facilitates the economic inequality that we believe is unsustainable.

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