Do you believe Americans who work full time should earn a living wage?

Do you believe Americans who work full time should earn a living wage?


  • Total voters
    56

Glaucoma

Well-Known Member
Oh ok see now u explained it in a way i can grasp, thanks. But understandable employers want to have the best life money can buy they did dk all the leg work in creating a profitable company and are employing many ppl, in turn i think its wrong thinking but that don't matter im the small man on the totem poll, but i sure think after ur employees make u a millionaire u should start to pay then alot more cuz lets face it u cant take it when ur dead
I know of one employer who tells his employees that he only wants 80K/year after all the bills are paid. Anything beyond that gets split among the rest every year.

Never heard of it before or since.
 

gunnar&carey

Well-Known Member
I know of one employer who tells his employees that he only wants 80K/year after all the bills are paid. Anything beyond that gets split among the rest every year.

Never heard of it before or since.
Fuck man why aren't u working with him lol thats how everyone should be
 

Padawanbater2

Well-Known Member
Here's a piece written by Robert Reich, it covers everything you responded to, I'd be interested in your opinion about it. It's a little long, so I'll bold the pertinent bits;

(1 of 3)


"The Political Roots of Widening Inequality

FRIDAY, MAY 1, 2015

For the past quarter-century I’ve offered in articles, books, and lectures an explanation for why average working people in advanced nations like the United States have failed to gain ground and are under increasing economic stress: Put simply, globalization and technological change have made most of us less competitive. The tasks we used to do can now be done more cheaply by lower-paid workers abroad or by computer-driven machines.

My solution—and I’m hardly alone in suggesting this—has been an activist government that raises taxes on the wealthy, invests the proceeds in excellent schools and other means people need to become more productive, and redistributes to the needy. These recommendations have been vigorously opposed by those who believe the economy will function better for everyone if government is smaller and if taxes and redistributions are curtailed.

While the explanation I offered a quarter-century ago for what has happened is still relevant—indeed, it has become the standard, widely accepted explanation—I’ve come to believe it overlooks a critically important phenomenon: the increasing concentration of political power in a corporate and financial elite that has been able to influence the rules by which the economy runs. And the governmental solutions I have propounded, while I believe them still useful, are in some ways beside the point because they take insufficient account of the government’s more basic role in setting the rules of the economic game.

Worse yet, the ensuing debate over the merits of the “free market” versus an activist government has diverted attention from how the market has come to be organized differently from the way it was a half-century ago, why its current organization is failing to deliver the widely shared prosperity it delivered then, and what the basic rules of the market should be. It has allowed America to cling to the meritocratic tautology that individuals are paid what they’re “worth” in the market, without examining the legal and political institutions that define the market. The tautology is easily confused for a moral claim that people deserve what they are paid. Yet this claim has meaning only if the legal and political institutions defining the market are morally justifiable.

II

Most fundamentally, the standard explanation for what has happened ignores power. As such, it lures the unsuspecting into thinking nothing can or should be done to alter what people are paid because the market has decreed it.

The standard explanation has allowed some to argue, for example, that the median wage of the bottom 90 percent—which for the first 30 years after World War II rose in tandem with productivity—has stagnated for the last 30 years, even as productivity has continued to rise, because middle-income workers are worth less than they were before new software technologies and globalization made many of their old jobs redundant. They therefore have to settle for lower wages and less security. If they want better jobs, they need more education and better skills. So hath the market decreed.

Yet this market view cannot be the whole story because it fails to account for much of what we have experienced. For one thing, it doesn’t clarify why the transformation occurred so suddenly. The divergence between productivity gains and the median wage began in the late 1970s and early 1980s, and then took off. Yet globalization and technological change did not suddenly arrive at America’s doorstep in those years. What else began happening then?

Nor can the standard explanation account for why other advanced economies facing similar forces of globalization and technological change did not succumb to them as readily as the United States. By 2011, the median income in Germany, for example, was rising faster than it was in the United States, and Germany’s richest 1 percent took home about 11 percent of total income, before taxes, while America’s richest 1 percent took home more than 17 percent. Why have globalization and technological change widened inequality in the United States to a much greater degree?

Nor can the standard explanation account for why the compensation packages of the top executives of big companies soared from an average of 20 times that of the typical worker 40 years ago to almost 300 times. Or why the denizens of Wall Street, who in the 1950s and 1960s earned comparatively modest sums, are now paid tens or hundreds of millions annually. Are they really “worth” that much more now than they were worth then?

Finally and perhaps most significantly, the market explanation cannot account for the decline in wages of recent college graduates. If the market explanation were accurate, college graduates would command higher wages in line with their greater productivity. After all, a college education was supposed to boost personal incomes and maintain American prosperity.

To be sure, young people with college degrees have continued to do better than people without them. In 2013, Americans with four-year college degrees earned 98 percent more per hour on average than people without a college degree. That was a bigger advantage than the 89 percent premium that college graduates earned relative to non-graduates five years before, and the 64 percent advantage they held in the early 1980s.

But since 2000, the real average hourly wages of young college graduates have dropped. The entry-level wages of female college graduates have dropped by more than 8 percent, and male graduates by more than 6.5 percent. To state it another way, while a college education has become a prerequisite for joining the middle class, it is no longer a sure means for gaining ground once admitted to it. That’s largely because the middle class’s share of the total economic pie continues to shrink, while the share going to the top continues to grow.
 

Padawanbater2

Well-Known Member
(2 of 3)

III

A deeper understanding of what has happened to American incomes over the last 25 years requires an examination of changes in the organization of the market. These changes stem from a dramatic increase in the political power of large corporations and Wall Street to change the rules of the market in ways that have enhanced their profitability, while reducing the share of economic gains going to the majority of Americans.

This transformation has amounted to a redistribution upward, but not as “redistribution” is normally defined. The government did not tax the middle class and poor and transfer a portion of their incomes to the rich. The government undertook the upward redistribution by altering the rules of the game.

Intellectual property rights—patents, trademarks, and copyrights—have been enlarged and extended, for example. This has created windfalls for pharmaceuticals, high tech, biotechnology, and many entertainment companies, which now preserve their monopolies longer than ever. It has also meant high prices for average consumers, including the highest pharmaceutical costs of any advanced nation.

At the same time, antitrust laws have been relaxed for corporations with significant market power. This has meant large profits for Monsanto, which sets the prices for most of the nation’s seed corn; for a handful of companies with significant market power over network portals and platforms (Amazon, Facebook, and Google); for cable companies facing little or no broadband competition (Comcast, Time Warner, AT&T, Verizon); and for the largest Wall Street banks, among others. And as with intellectual property rights, this market power has simultaneously raised prices and reduced services available to average Americans. (Americans have the most expensive and slowest broadband of any industrialized nation, for example.)

Financial laws and regulations instituted in the wake of the Great Crash of 1929 and the consequential Great Depression have been abandoned—restrictions on interstate banking, on the intermingling of investment and commercial banking, and on banks becoming publicly held corporations, for example—thereby allowing the largest Wall Street banks to acquire unprecedented influence over the economy. The growth of the financial sector, in turn, spawned junk-bond financing, unfriendly takeovers, private equity and “activist” investing, and the notion that corporations exist solely to maximize shareholder value.

Bankruptcy laws have been loosened for large corporations—notably airlines and automobile manufacturers—allowing them to abrogate labor contracts, threaten closures unless they receive wage concessions, and leave workers and communities stranded. Notably, bankruptcy has not been extended to homeowners who are burdened by mortgage debt and owe more on their homes than the homes are worth, or to graduates laden with student debt. Meanwhile, the largest banks and auto manufacturers were bailed out in the downturn of 2008–2009. The result has been to shift the risks of economic failure onto the backs of average working people and taxpayers.

Contract laws have been altered to require mandatory arbitration before private judges selected by big corporations. Securities laws have been relaxed to allow insider trading of confidential information. CEOs have used stock buybacks to boost share prices when they cash in their own stock options. Tax laws have created loopholes for the partners of hedge funds and private-equity funds, special favors for the oil and gas industry, lower marginal income-tax rates on the highest incomes, and reduced estate taxes on great wealth.

All these instances represent distributions upward—toward big corporations and financial firms, and their executives and shareholders—and away from average working people.

IV

Meanwhile, corporate executives and Wall Street managers and traders have done everything possible to prevent the wages of most workers from rising in tandem with productivity gains, in order that more of the gains go instead toward corporate profits. Higher corporate profits have meant higher returns for shareholders and, directly and indirectly, for the executives and bankers themselves.

Workers worried about keeping their jobs have been compelled to accept this transformation without fully understanding its political roots. For example, some of their economic insecurity has been the direct consequence of trade agreements that have encouraged American companies to outsource jobs abroad. Since all nations’ markets reflect political decisions about how they are organized, so-called “free trade” agreements entail complex negotiations about how different market systems are to be integrated. The most important aspects of such negotiations concern intellectual property, financial assets, and labor. The first two of these interests have gained stronger protection in such agreements, at the insistence of big U.S. corporations and Wall Street. The latter—the interests of average working Americans in protecting the value of their labor—have gained less protection, because the voices of working people have been muted.

Rising job insecurity can also be traced to high levels of unemployment. Here, too, government policies have played a significant role. The Great Recession, whose proximate causes were the bursting of housing and debt bubbles brought on by the deregulation of Wall Street, hurled millions of Americans out of work. Then, starting in 2010, Congress opted for austerity because it was more interested in reducing budget deficits than in stimulating the economy and reducing unemployment. The resulting joblessness undermined the bargaining power of average workers and translated into stagnant or declining wages.

Some insecurity has been the result of shredded safety nets and disappearing labor protections. Public policies that emerged during the New Deal and World War II had placed most economic risks squarely on large corporations through strong employment contracts, along with Social Security, workers’ compensation, 40-hour workweeks with time-and-a-half for overtime, and employer-provided health benefits (wartime price controls encouraged such tax-free benefits as substitutes for wage increases). But in the wake of the junk-bond and takeover mania of the 1980s, economic risks were shifted to workers. Corporate executives did whatever they could to reduce payrolls—outsource abroad, install labor-replacing technologies, and utilize part-time and contract workers. A new set of laws and regulations facilitated this transformation.

As a result, economic insecurity became baked into employment. Full-time workers who had put in decades with a company often found themselves without a job overnight—with no severance pay, no help finding another job, and no health insurance. Even before the crash of 2008, the Panel Study of Income Dynamics at the University of Michigan found that over any given two-year stretch in the two preceding decades, about half of all families experienced some decline in income.

Today, nearly one out of every five working Americans is in a part-time job. Many are consultants, freelancers, and independent contractors. Two-thirds are living paycheck to paycheck. And employment benefits have shriveled. The portion of workers with any pension connected to their job has fallen from just over half in 1979 to under 35 percent today. In MetLife’s 2014 survey of employees, 40 percent anticipated that their employers would reduce benefits even further.

The prevailing insecurity is also a consequence of the demise of labor unions. Fifty years ago, when General Motors was the largest employer in America, the typical GM worker earned $35 an hour in today’s dollars. By 2014, America’s largest employer was Walmart, and the typical entry-level Walmart worker earned about $9 an hour.

This does not mean the typical GM employee a half-century ago was “worth” four times what the typical Walmart employee in 2014 was worth. The GM worker was not better educated or motivated than the Walmart worker. The real difference was that GM workers a half-century ago had a strong union behind them that summoned the collective bargaining power of all autoworkers to get a substantial share of company revenues for its members. And because more than a third of workers across America belonged to a labor union, the bargains those unions struck with employers raised the wages and benefits of non-unionized workers as well. Non-union firms knew they would be unionized if they did not come close to matching the union contracts.

Today’s Walmart workers do not have a union to negotiate a better deal. They are on their own. And because less than 7 percent of today’s private-sector workers are unionized, most employers across America do not have to match union contracts. This puts unionized firms at a competitive disadvantage. Public policies have enabled and encouraged this fundamental change. More states have adopted so-called “right-to-work” laws. The National Labor Relations Board, understaffed and overburdened, has barely enforced collective bargaining. When workers have been harassed or fired for seeking to start a union, the board rewards them back pay—a mere slap on the wrist of corporations that have violated the law. The result has been a race to the bottom.

Given these changes in the organization of the market, it is not surprising that corporate profits have increased as a portion of the total economy, while wages have declined. Those whose income derives directly or indirectly from profits—corporate executives, Wall Street traders, and shareholders—have done exceedingly well. Those dependent primarily on wages have not.
 

Padawanbater2

Well-Known Member
(3 of 3)

V

The underlying problem, then, is not that most Americans are “worth” less in the market than they had been, or that they have been living beyond their means. Nor is it that they lack enough education to be sufficiently productive. The more basic problem is that the market itself has become tilted ever more in the direction of moneyed interests that have exerted disproportionate influence over it, while average workers have steadily lost bargaining power—both economic and political—to receive as large a portion of the economy’s gains as they commanded in the first three decades after World War II. As a result, their means have not kept up with what the economy could otherwise provide them.

To attribute this to the impersonal workings of the “free market” is to disregard the power of large corporations and the financial sector, which have received a steadily larger share of economic gains as a result of that power. As their gains have continued to accumulate, so has their power to accumulate even more.

Under these circumstances, education is no panacea. Reversing the scourge of widening inequality requires reversing the upward distributions within the rules of the market, and giving workers the bargaining leverage they need to get a larger share of the gains from growth. Yet neither will be possible as long as large corporations and Wall Street have the power to prevent such a restructuring. And as they, and the executives and managers who run them, continue to collect the lion’s share of the income and wealth generated by the economy, their influence over the politicians, administrators, and judges who determine the rules of the game may be expected to grow.

The answer to this conundrum is not found in economics. It is found in politics. The changes in the organization of the economy have been reinforcing and cumulative: As more of the nation’s income flows to large corporations and Wall Street and to those whose earnings and wealth derive directly from them, the greater is their political influence over the rules of the market, which in turn enlarges their share of total income.

The more dependent politicians become on their financial favors, the greater is the willingness of such politicians and their appointees to reorganize the market to the benefit of these moneyed interests. The weaker unions and other traditional sources of countervailing power become economically, the less able they are to exert political influence over the rules of the market, which causes the playing field to tilt even further against average workers and the poor.

Ultimately, the trend toward widening inequality in America, as elsewhere, can be reversed only if the vast majority, whose incomes have stagnated and whose wealth has failed to increase, join together to demand fundamental change. The most important political competition over the next decades will not be between the right and left, or between Republicans and Democrats. It will be between a majority of Americans who have been losing ground, and an economic elite that refuses to recognize or respond to its growing distress.

http://robertreich.org/post/117835755110
So get a different fucking job!
The problem is a collective one, everybody can't just "get a different fucking job!", if they could, they would
 

Uncle Ben

Well-Known Member
One of my godsons is like that where he wants the best of the best NOW !

I just had one hell of a day with him & found out he's out of control with spending & living way above his means .

He's 26 yrs old & lives off student loans & welfare/foodstamps , i just found out he sells half his foodstamps for half price for more play money , i cussed his ass the fuck out early this morning , i gave each of our sons a Harley this spring cause my wife cant ride either of her hd's anymore & i barely even ride any of the bikes except the old Panhead , so we figured to give all the kids a bike , my wife mentioned she'd like to give the godson her little 500 cc Buell Blast Harley & i told him to come by & pick it up , this was before my son called this morning & filled me in on the shit he's pulling & how he's wasting $4k from his student loans every 90 days & that the kid is over $60k in debt with credit cards .

I knew the godson was living in one of our rental houses but since i turned the business over to my middle son i dont get involved , its his business now so i just advise him about which homes to buy , anyway come to find out my godson hasn't paid my son one lick of the $850 a month rent that house rents for in over 6 months , he shouldnt even be living in a house with rent that high but he has to live in a super nice house , my son dont want to boot him out cause he has 3 kids .

He claims he's broke but pays $220 a month for the premium cable tv package & all the pay channels like hbo , then he has wifi too , when i cussed him out today i pointed out that i use a tv antenna & get free tv , his reply was " I cant get by with the 20 channels you get " then he said he has to have $60 a month wifi because Facebook is faster on his phone & he plays online video games for relaxation , i blew up & made him go over his expenses with me .

He also spends over $100 a month at the shooting range on ammo for all his weapons , between cable , the shooting range & online video games he spends $500 a month but cant pay rent , he just bought an AK 47 a few months back & a new $800 9mm carbine , plus new rims for the Chrysler 300 we gave him last year for xmas ,when i cussed him out over wasting $1,600 on rims his excuse was one of the factory rims was all scratched up from hitting a curb so he HAD TO HAVE new rims .

I didnt want to upset my wife being she just had major surgery so i took him out to the garage to cuss him out , i was still gonna let him have the 500 cc Buell my wife wanted him to have but when i showed him which bike she wanted him to have i could see a look of dissapointment , so i ask him whats wrong & dig this , he says WOW THANKS but i was hoping i was gonna get memaws Fatboy because she cant ride it anymore , wtf ?

I explained he couldnt have her Fatboy because we were leaving it & my Panhead to our son's when we kick off , i could see his mind working & he had the balls to ask if he could have my 1200 cc Buell Lightning Harley racing bike instead of the smaller 500 cc Buell so he could keep up with the bigger bikes we gave our sons , i freaked out & gave him the cussing of his life & told him he wasnt getting anything & to leave now , he wanted to go in & talk to my wife about it before he left, i said no & made him leave .

He wasnt gone 10 minutes before he called my wife blubbering like a baby , got her all upset & she says to me just give the kid your Buell poppa ,he's a good kid & we dont even ride the bikes , he's her favorite godson & i didnt want to upset her so i told her i'd let him have one of the other bikes ( I lied :) )then i called my son & filled him in on what went down .

Now my son's pissed & gives me more bad shit about him being too lazy to work , apparently my son offered him a job at $12 an hour helping my 2 brother in laws remodel the houses we flip & he said no because if he worked for $12 an hour it would take away from his Bridge Card welfare money & his food stamps , he said he'd be breaking even if he worked for that low of pay !

I just found out 90% of this bullshit with him today , my son's both told me today that he whines & crys all the time because of the money they make & gives em the " It must be nice " speach because they both have paid off homes that the business owns but the kid wont work & jacks all his loan money off on fancy shit he cant afford , then spends every penny trying to keep up with other people who earn more than him .

My whole days been fuked up over this shit , i had no idea my own godson was a lazy welfare bum who refuses to work ,he's behind $5 grand in rent allready & if he dont pay next months rent im kicking his ass out of the house & having an accident with my wifes cell phone so he cant cry to her about how bad he's got it .
Relative or friend, dump the losers. Who needs the drama?
 

Uncle Ben

Well-Known Member
I see a lot of bitchin', moanin' and internet philosophy in this thread. A bunch of "woe is me", finger pointing. I feel sorry for you guys but I'm living the good life, fat and happy, cause I planned it that way.

Don't be a fuckin' whiner. Own it. You made your choices, now deal with it and grow the fuck up.
 

Carolina Dream'n

Well-Known Member
I know of one employer who tells his employees that he only wants 80K/year after all the bills are paid. Anything beyond that gets split among the rest every year.

Never heard of it before or since.
Sounds nice and all. But when the company has three bad months in a row, that owner isn't going to be able to pay his employees. As a business owner, you must be able to cover 6 months of NO income for your business at all times. Being a nice guy does not get you to that finical point. And if the company gets sued? Owner has to be able to cover that. It isn't as simple as paying people more because they are "worth" it.
 

Glaucoma

Well-Known Member
Sounds nice and all. But when the company has three bad months in a row, that owner isn't going to be able to pay his employees. As a business owner, you must be able to cover 6 months of NO income for your business at all times. Being a nice guy does not get you to that finical point. And if the company gets sued? Owner has to be able to cover that. It isn't as simple as paying people more because they are "worth" it.
I can only assume that he's got what he needs already put away for those situations.

Edit: But I agree. I'm sure he didn't start out that way. You have to pinch your pennies hard enough to make them scream when you start out.
 

Padawanbater2

Well-Known Member
I see a lot of bitchin', moanin' and internet philosophy in this thread. A bunch of "woe is me", finger pointing. I feel sorry for you guys but I'm living the good life, fat and happy, cause I planned it that way.

Don't be a fuckin' whiner. Own it. You made your choices, now deal with it and grow the fuck up.
Then why don't you address anything that's been said?

All I've seen you do is complain about your perception of other people complaining without actually saying anything useful

You people are unwilling to accept the reality of the situation, are ignorant of what's actually going on and/or don't care

How do you explain this picture?

 

Uncle Ben

Well-Known Member
That's unacceptable in country that has the ability to provide higher wages to workers, and yet the poll at the top of this page doesn't read 100% in favor of a living wage. There is a section of our population that is convinced poor people shouldn't be paid enough to support themselves working full time (a lot of them being poor themselves)

Organized religion, lack of education, lots of things to blame on that one
You're entitled to clean my house at a rate of $14/hour. Should take about 2 hours max. I want my ceiling fans and light fixtures dusted, toilets sanitized, sinks scrubbed, floors vacuumed and mopped. Interested? If you accept I could use some help on the windows. Bonus if you're good, fired if you're not.
 

gunnar&carey

Well-Known Member
By government let me explain what i mean cuz frm what i see they allow and want this to happen, they control and have monopoly over small businesses and corporate shareholders we as "America's" think we have a say in whats going on but in essence its a formative collaboration set up by the higher stand ppl to install the thought that if u are a owner u deserve more. The truth is if it wasnt for the aints the queen wouldnt eat
 

UncleBuck

Well-Known Member
You're entitled to clean my house at a rate of $14/hour. Should take about 2 hours max. I want my ceiling fans and light fixtures dusted, toilets sanitized, sinks scrubbed, floors vacuumed and mopped. Interested? If you accept I could use some help on the windows. Bonus if you're good, fired if you're not.
and only $9 an hour if you're black or hispanic, 1.5 hour max.
 

panhead

Well-Known Member
Relative or friend, dump the losers. Who needs the drama?
Your absolutely right , now that i know he's a broke dick that wont work he's going out of our lives , i busted my ass in the hot sun for 32 yrs to get where im at & build a business for my kids in my off hours , not god children who wont work , once my wife is back on her feet i'll fill her in , she's old school Lebaneese & will slap the shit out of that kid , i cant wait to see it :)
 

Uncle Ben

Well-Known Member
and only $9 an hour if you're black or hispanic, 1.5 hour max.
Not true. I can't find Mexican illegal laborers for under $15/hour here in central Texas.

Look Bucktooth, before spouting your bullshit, how about knowing WTF you're talking about.
 

UncleBuck

Well-Known Member
Not true. I can't find Mexican illegal laborers for under $15/hour here in central Texas.

Look Bucktooth, before spouting your bullshit, how about knowing WTF you're talking about.
was the insinuation that you would pay minorities less than white people inaccurate?

i don't think it is.

you're as racist and bigoted a piece of shit as there is here.
 

gunnar&carey

Well-Known Member
I
Your absolutely right , now that i know he's a broke dick that wont work he's going out of our lives , i busted my ass in the hot sun for 32 yrs to get where im at & build a business for my kids in my off hours , not god children who wont work , once my wife is back on her feet i'll fill her in , she's old school Lebaneese & will slap the shit out of that kid , i cant wait to see it :)
I applaud u man u are from what i read a true man. im very happy to see that u are busting ur ass for ur family, i think thats what most of us do. Pullin 50+ hours a week in the winter and 70 hours in the summer to provide what little me and my lady have is what i live for
 
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