Posted on 05/08/2014 4:14:07 PM PDT by PaulCruz2016
The average salary in the U.S. is not $7.50 an hour, as Mr. Obama seems to think, but $23 an hour — or triple the minimum wage.
The jobs report told us something else that is crunching the working class. Workers are having a harder time than ever finding a full-time, 40-hour-a-week job. Employers we talk to tell us this is partly due to ObamaCare rules that are holding many new positions below 30 hours a week. (Since when is 30 hours a week a full-time job anyway?)
The White House's new proposed overtime rules are another misdirection play: Mr. President, the problem is that workers are getting too few, not too many, hours on the job.
Mr. Obama's tax increases have also held down wages. It has been a truism for at least 100 years — and probably for time immemorial — that worker pay rises with worker productivity. It's simple: the more widgets or potato chips or microchips a worker produces, the more the employer will pay her.
In last week's dismal GDP report, business spending on investment in plant, equipment and technology fell. That drop matters to workers because with less capital to improve their workplaces, they aren't as productive, and they can't command higher wages.
(Excerpt) Read more at news.investors.com ...
Why not ELIMINATE the subsidization of BASTARD children?
They LEARN how to GET money for FREE from you working saps.
hee hee!
We DO tend to highly value ourselves!
Sad to hear a conservative endorsement of socialist tax policies.
News flash: it is not proper for govt to redistribute my money to anyone else as a reward for any kind of behavior. It is that very tax credit that enables out of wedlock children.
I remember my old man telling me: “I’d pay ya what you are worth, but I don’t think you’ll work that cheap. How about $5 an hour?” (A huge amount back then!)
What the writer of this article doesn’t realize is that most (all?) union wage levels are based on multipliers of the minimum wage. Raise the min. and a LOT of other wages (and then prices) rise. That top welder that is making $45 bucks an hour ($67.50 OT) goes up to $67.50/101.50.
Seriously, what needs to happen is the government needs to quit devaluing the money we make. It’s that bloody simple.
Prospect: "How much does it pay?"
Employer: "I'll pay you what you're worth."
Prospect: "I can't live on that."
The best way to raise middle class income is to CUT the bloody taxes on them!
“Seriously, what needs to happen is the government needs to quit devaluing the money we make. It’s that bloody simple.”
I would add that the gov’t needs to stop taking all the hard worker’s money and wasting it.
“On a side note I am actively searching for a new job and will have finally finished school come summer. It’s been a rocky couple of years but we’ll keep on pushin ahead.”
Good for you. You sound like a hard worker and a contributor to society, not a taker. Good luck to you.
Keep in mind that’s one of the reasons government keeps inflating the money supply. If they couldn’t do that, their wasteful spending of our tax dollars might come out into the open.
“This bitter pocketbook reality speaks loudly to the utter failure of Obama’s economic policies — bailouts, stimulus plans, $5 trillion more in debt-financed spending, ObamaCare, green-energy failed investments and tax hikes. This president has thrown everything he has from the liberal playbook at this stagnant economy and, alas, none of it has worked.”
Sounds like another rat president we should all be familiar with. I wonder if it’ll take another two years and perhaps a World War to stop this one.
Thanks for posting this. I did a minor edit on it.
Fortunately, one of my senior year college professors told us basically what you posted. He also said to save 6 months of salary to be able to do your second step.
1. How about we all get paid what we’re worth.
2. The market says that if you can’t make what you’re worth, you go find another job.
3. It also says that if you’re paid more than you’re worth, the job will ask you to leave.
4. It all shakes out in the end. Either earn the raise, be happy with your current pay, or see #2 above. End of story.
Unfortunately no one teaches this any more, and rather than earning an honest buck we just sign up for “free !@#$”.
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