posted on Apr, 5 2013 @ 07:08 AM
Originally posted by Wrabbit2000
reply to post by gladtobehere
They're protesting and demanding themselves right out of their own jobs and they're too blinded by this entitlement attitude to even see the cause
and effect that is so plain here.
Go stomp around for higher wages when unemployment is 4-5%. Not with it's 7-8%. That's the level of thinking that gets them that low wage job to
begin with, I hate to say.
edit on 4-4-2013 by Wrabbit2000 because: Err.. Super typos.. eeek
Speaking of cause and effect, do you know why Henry Ford invented the assembly line, paid his workers twice the prevailing wage, and gave them all 8
hr days and 5 day work weeks? So that he could sell them the cars he was having them make. They became the customer base that made him a fortune.
US companies will never survive if they don't realize that when they short their workers, they are taking away their buying power. This is the single
most lucrative market on the planet, and yet it's shrinking and shrinking all the time because the very businesses that live or die as a direct
result of the buying power of this market are crippling it with stagnant wages and shipping skilled jobs overseas.
China and India will never become the kind of market that the US used to be. No nation ever will. The race to the bottom - in wages and labor costs -
will continue to make it impossible for any American business sector other than banking (and defense) to ever enjoy a boom, or even to have a future
worth having. Hell, China may not even survive another 10 years, if the ecological indications are anywhere near predictive.
The new conservatism, as it pertains to economic issues, seems to be based on anything but conservation in its relentless insistence that the US
working stiff be stiffed as an article of faith. 80% of this market is quickly losing its ability to support the companies they work full time for.
Their charge cards are tapped out, and it's surprising that the bottom hasn't already fallen out beneath them. When it does, the entire business
structure in this society will follow them into the basement.
Then what? Or do you think that you're better and more divinely protected against that sort of systemic failure than 80% of the people who live in
the same country as you? Hell, even if you're an undertaker, if they don't have the money to pay you, you're not going to get paid. No industry is