I guess when Obama was talking about "change", he meant he was going to "change" his positions on key issues when it is politically convenient for him to do so.
I think the information contained in your post a fine way to try and restore humanity to society. I hope he'll follow through this time, and tax them out of existence. Make them move to some of the third world countries they exploit.
And take their money with them Thus making the US a third world country ready to be exploited. Brilliant.
Take it and choke on it, I say. (By the way, we're already third world). The wealth is all smoke and mirrors and has long since been removed from what there ever was of a once decent society. Brilliant....indeed.
Well, the only other option I can imagine, is to form corporations and permanently enslave humanity, hire CEO's to cut throats, and outsource everything else. (that and lowering minimum wage, and lowering taxes for the upper, upper class).
While proclaiming to be a fresh change people can believe in, he ends up being yet another politician in the chain of politicians who flip flop on positions when it's convenient. Which portion of that is an excuse?
My bad. Increase executive compensation exponentially, and make 60 hour, salaried work weeks mandatory (with an annual cash paid out cap of 25 dollars per employee).
There's no need to adhere to arbitrary standards when markets can efficiently and equitably determine how much a given individual's labor is worth.
You're right of course. Why commit to 25 when you could get them cheaper and always threaten to fire them if "business" circumstances dictate that profit can be increased. Good point.
You act as if employees have no bargaining power. That simply isn't true. If employees were powerless to dictate how much they were paid, then every employee would make zero dollars an hour.
As my daddy use to say: "Life is like a [crap] sandwich. The more bread you have the less [crap] you have to eat."
Well, until unions can be busted, or bargaining power can be successfully confiscated, and until such a time as additional executive compensation packages be put in place, we're all screwed. I mean, there's always some foreign country that would be willing to be flown in to build bridges and work for next to nothing. Take the new Chinese labor contracts in California for example!
Unionization is scant in the private sector, yet employees are still able to command relatively decent wages and benefits. It doesn't mean we're screwed. It just means we have to evolve. Creative destruction is something all societies go through from time to time. I'm sure the buggy-makers lamented the popularization of the automobile, but we're all better off for it, even if the buggy-makers were put out of business. Similarly, menial labor is being automated and outsourced, which means Americans can no longer expect to earn a "living wage" by simply pulling levers and shoveling dirt. They need to diversify and modernize as much as possible. One of the things that makes this difficult for the average American, I believe, is the societal fixation on going to college and getting a degree. I think most Americans severely undervalue self-educating. I think many young people would be better served skipping college and going right into the work force as entry level employees. Most of them come out college having to do that anyway!
I see. At one five hundredth of the CEO, right? Diversify....you mean move to India and make Nikes? College is over rated today too and too expensive, guarantees less than ever in the real world, and corporations only want very green, low wage, labor anyway. Besides...college or no college, you're only going to get 8 bucks an hour, and after repaying student loans, you're down to about 4 bucks. Now, on the other hand, the CEO that makes at least 4000 dollars an hour (not counting bonuses and stock options), now hey, that's where it's at. Problem there is you either have to be born into it or suck appendages to play.
It depends on what your job is. I cannot generalize as to what fraction of a CEO's salary a given employee will make over a given time interval. A janitor will make less than the accountants and the accountants will make less than the mid-level executives etcetera. All of this is determined by the market value of each individual's labor. No, no. I mean diversify by attaining basic competency in a number of different areas; finance, accounting, computing, business, etc.; or obtaining competency in a trade; carpenter, electrician, mechanic, etc. You'd be surprised how easy it is to learn about these things on the internet or by buying cheap textbooks online. I'm currently receiving a very expensive education at a private university, but the truth is that I learn about 90% of the material straight out the textbooks! You don't stay the CEO of a corporation by just standing there. Shareholders expect results, and if you don't deliver them, you'll get replaced. It's very competitive.
every ceo is not born, some work their asses off their whole lives to get to that point. http://en.wikipedia.org/wiki/Carol_Bartz
Too late for changing key issues. He is stuck in the civilrights era of the 1950s, and is using 1930s speaches and solutions to fix a futuristic problem. Lil Dick-N-Bush tried to drive the USA and it's economy back into the 1940, and they succeded. Obama is trying to one up them and drive the USA into the 1930s with his stimulis plan. The world looks on and laughs at the backwards direction of the USA. Heck, China has moved up into the 1970s, and most of South America is living in the 1880s. India of all countries is living in the 1960s and will be in the 1970s soon. I have confidence that the next repbulican or TP will take the USA into the 1920s.