ALEX-M "The collapse of Detroit has nothing to do with unions and everything to do with mismanagement. People stopped buying Detroit-based cars, because quite frankly, they sucked. When people don't buy your cars, you don't make money. Period. End of story."
End of story? people stopped buying cars that sucked and Detroit collapsed...Wow brilliant thesis. How about union backed workers who made absurd wages caused detroit auto makers to spend less money on improvements and new technology and hence their cars sucked. When you have to pay a guy who sweeps the floor 25 bucks an hour because he is union things start to take a downward spiral from there. Ford and other auto makers rebounded because they moved their ass out of Detroit and away from the unions.
I've been looking for a nice place in town to get my meat smoked.
Nope. Your wrong.
Try looking at some data other than a far left organization like http://foreconomicjustice.org/.
That popular graph used by many left leaning news organizations is wrong.
It rests on misinterpreted economic data.
More careful comparisons show that measured productivity has increased 100 percent and average compensation has risen 77 percent over the past 40 years. Issues inflating productivity measurements account for most of the remaining 23 percentage point difference.
An apples-to-apples comparison shows that employee compensation continues to closely follow productivity.
Foreconomicjustice juxtaposes productivity and pay data that cannot be directly compared, leading to inaccurate conclusions. The claim that pay has lagged far behind productivity growth:
- Examines wage growth instead of total compensation, which includes
rapidly growing benefits;
- Uses different price indexes to adjust pay and productivity for inflation;
- Omits the effect of faster depreciation, which reduces net income but not gross productivity; and Ignores known measurement errors in Bureau of Labor Statistics (BLS) productivity calculations.
Check these sources.
Harvard Professor Martin Feldstein, the former President of the National Bureau of Economic Research, concluded that the apparent divergence results from using the wrong data to measure pay and productivity. Using the correct data, he finds that pay and productivity have both grown together.
Dean Baker, director of the left-leaning Center for Economic and Policy Research, and staff at the Federal Reserve Bank of St. Louis also come to that conclusion.
Georgetown Professor Stephen Rose likewise finds that the apparent gap between pay and productivity collapses under scrutiny.
He concludes that economic growth resulting from productivity growth continues to benefit working Americans.
Most economists believe that employers generally set pay levels according to worker productivity, though a temporary gap may develop during periods of high unemployment such as the nation is now experiencing.
"Local's" from New York. Go home.
Prongie, you don't know what you are missing, bud.
South Carolina and its workforce deserves to be poor.
If the workers in this state are so stupid they actually believe these corporations care one iota about them, their quality of life or the health of their families they deserve what they get and should be exploited until they are used up and then discarded like any other disposable commodity.
ImFromHere, they are also from here. They are great marketeers but so-so cooks. They get my "MEH" rating sealed with a yawn.
"High wages are related to worker productivity. " - artrogue
Completely and demonstrably false.
If minimum wage had kept up with productivity gains since 1968, it would now be $16.50/hr or $33,000/yr. I'm glad you agree that wages should theoretically keep up with productivity, however. Maybe you agree that we should index the minimum wage to productivity?
The logic is not difficult. A rising tide lifts all boats. When the workers earn more, they spend more, and the economy grows, and business thrives. Somehow the Republicans have decided that tides are created by cutting taxes on wealthy people who are price insensitive and do not change spending behavior. It's never worked. Giving them more money changes nothing. Demand creates jobs, not rich assholes getting tax breaks.
Someone who must work 3 jobs or double shifts to make ends meet has lost their freedom. When do they have time to make choices of their own?
Just another couple of New Yorkers making a living out of living in Charleston.
"However, they are also a drain on the private sector, a negative and parasitic factor which contributed mightily to the death of the US steel, textile and garment industries and which have reduced the US auto industry greatly."
Or it was the free trade agreements and outsourcing allowing corporations to evade taxes, damage the US economy and get cheap slave labor abroad where worker safety and rights are a non-issue. I guess that's the fault of unions too.
Indeed, artrogue writes LONG comments.
not quite. hahah
Duck fat fries: not an option for Pronghorn. Not delicious. No, sir.
When government and business align to tell workers that organizing is a bad idea, then its time to organize. Says it all !!!
Ha! Can't believe y'all censored what I wrote.
Probably could have written that better; what I mean is will you receive a letter in the mail saying you have been called to serve on firing squad duty?
I never actually had to shoot anybody when I was on one in the military, so not sure what I would have done if told to do so.
Well, we could make the experience as historic as the City itself, and reinstitute public hangings at White Point Garden. Or, there's burning at the stake, or hanging/drawing/quartering.
"Liberal = Tax and spend.
Conservative = Borrow and spend."
Liberal: living Life mindfully
Conservative: living Life in fear – constant fear; spreading hate
Let's play a game. Every time they say "mouthfeel," "authentic," or "Brock," you have to punch yourself in the nuts.
Nah, I'm just kidding. There's no way this will be repetitive, derivative, valueless or irrelevant. It will probably forever re-define the way we all look at dining, traveling, food, farming and cooking... of course with a Southern flair.
Lee Bros are the unfortunate, contrived face of Charleston to out-of-touch tourists much in the vein of Paula Deen/Savannah.
I'm sure every media personality will be livetweeting the seer-sucker garden-party circle-jerks that are sure to ensue.
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