AOC: US companies are seeing “record profits” under President Trump

Great profits mean businesses can expand and hire more people.

Works for me and anyone with a working brain cell.

Tell these folks

More than 3,000 truck drivers have lost their jobs in 2019 as the transportation 'bloodbath' unfolds. Here's the list of bankrupt trucking companies.


Driverless trucks



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From your link



The American Trucking Associations figures companies need about 60,000 drivers, a number that could top 100,000 in just a few years.


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Great profits mean businesses can expand and hire more people.

Works for me and anyone with a working brain cell.

Tell these folks

More than 3,000 truck drivers have lost their jobs in 2019 as the transportation 'bloodbath' unfolds. Here's the list of bankrupt trucking companies.




From your link



Thomas Connery, the president and chief operating officer of NEMF, told Business Insider that high labor costs and other costs of business in the trucking industry were the leading reasons for the company's bankruptcy filing. "Excessive regulation, significant toll increases, and the high cost of insurance were also among contributing factors," Connery said.




Trucking Industry Fights Obama Rules on Driver Fatigue


Trucking Industry Fights Obama Rules on Driver Fatigue
February 15, 2012 by Andrew G. Simpson




Trucking companies are going to court to fight Obama Administration rules designed to assure that commercial truckers on the road get proper rest.

The American Trucking Association said it filed a petition this week with the U.S. Circuit Court of Appeals for the District of Columbia asking the court to review the Federal Motor Carrier Safety Administration’s recently published final rule changing the hours-of-service regulations for commercial truck drivers.


The trucking industry group maintains that the new rules are based on faulty assumptions and research and that any benefits are outweighed by the extra costs they will incur.

ATA also said the new rules are not necessary because rules already in place are working to reduce crashes.

FMCSA’s new hours-of-service (HOS) rule reduces by 12 hours the maximum number of hours a truck driver can work within a week. Under the old rule, truck drivers could work on average up to 82 hours within a seven-day period. The new HOS final rule limits a driver’s work week to 70 hours. It also mandates a 30 minute rest period within every eight hour period.





Current Hours-of-Service (HOS) Regulations
Truckers are limited to a 70-hour minimum average work week (was previously 82 hours) However, truckers who reach the weekly limit can continue after 34 consecutive hours of rest. Trucks are required to take a 30-minute break within the first 8 hours of their shift.
Trucking Accident Lawyers › ...
How Many Hours Can Truck Drivers Work? - Arnold & Itkin LLP
 
Great profits mean businesses can expand and hire more people.

Works for me and anyone with a working brain cell.

Tell these folks

More than 3,000 truck drivers have lost their jobs in 2019 as the transportation 'bloodbath' unfolds. Here's the list of bankrupt trucking companies.




From your link



Thomas Connery, the president and chief operating officer of NEMF, told Business Insider that high labor costs and other costs of business in the trucking industry were the leading reasons for the company's bankruptcy filing. "Excessive regulation, significant toll increases, and the high cost of insurance were also among contributing factors," Connery said.




Trucking Industry Fights Obama Rules on Driver Fatigue


Trucking Industry Fights Obama Rules on Driver Fatigue
February 15, 2012 by Andrew G. Simpson




Trucking companies are going to court to fight Obama Administration rules designed to assure that commercial truckers on the road get proper rest.

The American Trucking Association said it filed a petition this week with the U.S. Circuit Court of Appeals for the District of Columbia asking the court to review the Federal Motor Carrier Safety Administration’s recently published final rule changing the hours-of-service regulations for commercial truck drivers.


The trucking industry group maintains that the new rules are based on faulty assumptions and research and that any benefits are outweighed by the extra costs they will incur.

ATA also said the new rules are not necessary because rules already in place are working to reduce crashes.

FMCSA’s new hours-of-service (HOS) rule reduces by 12 hours the maximum number of hours a truck driver can work within a week. Under the old rule, truck drivers could work on average up to 82 hours within a seven-day period. The new HOS final rule limits a driver’s work week to 70 hours. It also mandates a 30 minute rest period within every eight hour period.





Current Hours-of-Service (HOS) Regulations
Truckers are limited to a 70-hour minimum average work week (was previously 82 hours) However, truckers who reach the weekly limit can continue after 34 consecutive hours of rest. Trucks are required to take a 30-minute break within the first 8 hours of their shift.
Trucking Accident Lawyers › ...
How Many Hours Can Truck Drivers Work? - Arnold & Itkin LLP

Here are the previous HOS for truck drivers:

Each duty period must begin with at least 10 hours off-duty. Drivers may work no more than 60 hours on-duty over seven consecutive days. Drivers may be on duty for up to 14 hours following 10 hours off duty, but they are limited to 11 hours of driving time.

So drivers can work MORE hours under the new law, not less.

The bill, MAP-21 that was signed by Obama was criteria for highway funding. The ELD mandate was written by and pushed through at the eleventh hour by Republicans, presumably, as which Republicans do, would benefit the largest trucking companies by eliminating the small guys.
 
Left wingers always use that excuse to go after business.

There will usually be "record profits" somewhere. That's not macro data.

She's wrong, and so is Hannity. 2.0% is not "on fire".

Partisans. Zero credibility, none. Nada.
.
yep, so what is the GOP line? you always have an opposite comment. what is it?
 
Left wingers always use that excuse to go after business.

She's wrong, and so is Hannity. 2.0% is not "on fire".

Partisans. Zero credibility, none. Nada.
.

Exactly, I always find it curious that the left thinks that "record profits" is a BAD thing, what the heck do they want from American Businesses and it's management? Record losses? Why do they hate shareholders and entrepreneurs so much?
The "record profits" excuse is always used as a predicate for raising taxes, that's all.
.

True, that's one thing (along with an excuse for pushing for higher minimum wages and assorted income redistribution programs), however the tendency is to use it as a pejorative, which is really strange IMHO.

It's like a corporation that earns record profits is the left wing equivalent of a dog peeing on the rug.

"BAD corporation! a wack with a rolled up newspaper on the nose for you!"
Well, that falls under a different category: "You didn't build that, you didn't earn that".

When faced with what it identifies as an "Oppressed/Oppressor" paradigm, the Hardcore Left has always put AT LEAST as much effort into tearing the Oppressor down, as it has bringing the Oppressed up. Not only is that much easier, it's extremely effective politically. And it certainly satisfies the maternal impulses that animate them.
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Left wingers always use that excuse to go after business.

There will usually be "record profits" somewhere. That's not macro data.

She's wrong, and so is Hannity. 2.0% is not "on fire".

Partisans. Zero credibility, none. Nada.
.
yep, so what is the GOP line? you always have an opposite comment. what is it?
I already provided that, the "the economy is on fire" bullshit.
.
 
Left wingers always use that excuse to go after business.

There will usually be "record profits" somewhere. That's not macro data.

She's wrong, and so is Hannity. 2.0% is not "on fire".

Partisans. Zero credibility, none. Nada.
.
yep, so what is the GOP line? you always have an opposite comment. what is it?
I already provided that, the "the economy is on fire" bullshit.
.
you know fire has different aspects of it, so technically, that is correct. Private jobs are prospering quite well. It didn't say blazing fire. just saying, you arguing a very fine line. Compared to obammy, it is.

BTW, this from the dems debates. Nothing says it better than this one answer.

"STEPHANOPOULOS: Entrepreneur Andrew Yang?

YANG: In America today, everything revolves around the almighty dollar -- our schools, our hospitals, our media, even our government. It's why we don't trust our institutions anymore. We have to get our country working for us again, instead of the other way around. We have to see ourselves as the owners and shareholders of this democracy rather than inputs into a giant machine."
Not them working for us, but us working for them. that's all you need to know.
 
About time the left admits the economy is on fire under the dear leader, Da Trump..



SHOCKER: AOC Tweets Support for Striking Auto Workers, Accidentally Admits Economy on Fire | Sean Hannity



Controversial Congresswoman Alexandria Ocasio-Cortez threw her full support behind striking auto workers on social media Monday; inadvertently admitting US companies are seeing “record profits” under President Trump



Twitter.


Alexandria Ocasio-Cortez

✔@AOC


Incredibly inspired by GM’s almost 50,000 workers for having the courage to strike for the dignified work they deserve.

In a time of record profits, workers should prosper, not suffer.

That’s why unions play a key role in an economy that works for everyone.

Solidarity w/@UAW
1f339.png
https://twitter.com/rbreich/status/1173313207634550784 …

Robert Reich

✔@RBReich

It happens at midnight tonight. 50,000 workers. The first GM strike in more than a decade. GM has been laying off tens of thousands of workers. Its CEO raked in more than $20 million last year. https://www.huffpost.com/entry/united-auto-workers-gm-strike_n_5d7e77abe4b03b5fc8857fd8?u5j …

The economy is on fire - Trump is burning it to the ground. First he tore up all your trade agreements, and exports plummetted as a result. This kind of racist, protectionist and xenophobic agenda is what lead to World War II. Germans were pissed off because all of their hard work ended up in the hands of the Allies to pay the rest of Europe reparations for World War I. Hitler focused the anger of the German people for their plight on the Jewish bankers who were working against the interests of the pure Germans.

Americans are pissed off as their "good union jobs" were shipped off to Third World countries with slave labour, no environmental protections, and Trump directs the blame and their attention to brown migrants from Third World countries who are stealing their jobs, and living off welfare. The blame for this mess lies at the feet of American capitalism, which puts profits ahead of everything, because that's their reason for being - to make a profit for the owners.

Back in the 1970's, an economist I admired wrote an op ed piece to the effect that the Harvard business school model would destroy the American economy. At the time, I thought he'd gotten his hands on the brown acid, because I would have given almost anything to have had a Harvard MBA. Sadly, he could see with utter clarity where this was heading.

With profit as its only goal, the smart money uses all legal means available to maximize that profit, with no consideration as to the morality of those practices, or their impact on the community at large, since a corporation's sole goal is to maximize profits to the benefit of its shareholders. The Supreme Court has worked hand in glove, siding with the shareholders' interests first and foremost in any legal claims brought against corporations by other stakeholders - like the communities which depend on their tax revenue, or the workers who depend on them for their livilihood.

Once the unions were gone, and both government and the courts sided with companies, over the peoples' interests, it's easy to roll back pollution laws, and worker protections it took generations to achieve, because people need jobs to support themselves. Republicans keep the minimum wage low so that they can bully workers into being grateful for the low wages and the shitty conditions.

American wealth has always been dependent on a large pool of low wage/slave labour to keep the price of good down, and the poor from getting uppity.
 
About time the left admits the economy is on fire under the dear leader, Da Trump..



SHOCKER: AOC Tweets Support for Striking Auto Workers, Accidentally Admits Economy on Fire | Sean Hannity



Controversial Congresswoman Alexandria Ocasio-Cortez threw her full support behind striking auto workers on social media Monday; inadvertently admitting US companies are seeing “record profits” under President Trump



Twitter.


Alexandria Ocasio-Cortez

✔@AOC


Incredibly inspired by GM’s almost 50,000 workers for having the courage to strike for the dignified work they deserve.

In a time of record profits, workers should prosper, not suffer.

That’s why unions play a key role in an economy that works for everyone.

Solidarity w/@UAW
1f339.png
https://twitter.com/rbreich/status/1173313207634550784 …

Robert Reich

✔@RBReich

It happens at midnight tonight. 50,000 workers. The first GM strike in more than a decade. GM has been laying off tens of thousands of workers. Its CEO raked in more than $20 million last year. https://www.huffpost.com/entry/united-auto-workers-gm-strike_n_5d7e77abe4b03b5fc8857fd8?u5j …

Record profits for business is the only indicator for an "on fire" economy?

Who said that?

But to help you out there's also consumer confidence,business confidence,record low unemployment for everyone,over six million people off food stamps.
I could go on but I'm not wasting anymore of my time on a brainwashed fool.
 
Hah! All your posts and positions are leftist
Wrong. You're just hypersensitive to anything that doesn't follow your dogma, so that's all you see.
you hate Trump and the GOP
Wrong. Unlike you, I'm not a hateful person, sorry.
.

Just admit you're a closet Commie Mac, you'll feel better about yourself and can begin the rehabilitation process.;)

"The first step to recovery is admitting you have a problem"
 
Hah! All your posts and positions are leftist
Wrong. You're just hypersensitive to anything that doesn't follow your dogma, so that's all you see.
you hate Trump and the GOP
Wrong. Unlike you, I'm not a hateful person, sorry.
.

Just admit you're a closet Commie Mac, you'll feel better about yourself and can begin the rehabilitation process.;)

"The first step to recovery is admitting you have a problem"
I LOOK GREAT IN RED I TELL YOU
.
 
Not a hate filled person either, yet its difficult to stay calm when the usual fringe right & left insane people seem to be expanding into the main stream. not a good direction for OUR country.
 

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