Bill O'Reilly got it wrong this time. Way wrong.

[Derideo_Te]

How can it be fixed, what needs to change so that 93% of us are not behind the 8 ball on salaries and the other 7% reaping the benefits of the economy leaps and bounds?

If everyone was to be given a $10 an hour increase across the board the economy would boom and the problem would resolve itself.

The Wall Street Casino Bosses are demanding that pay raises be held down to the bare minimum in order to maximize shareholder profits at the expense of hardworking Americans. They punish any corporation that fails to meet their expectations. Since the corporate executives make the bulk of their income from share price increases in their stock grants they have no incentive to tell the Wall Street Casino Bosses where to shove it.

Where do you think that extra money comes from, in order for workers to get a 10.00 increase and hour?

How about out of the bonuses of the 1%?

They will make it all back as soon as the economy booms and way more besides.

It worked for Henry Ford and it still works today.

It doesn't work that way.
The Story of Henry Ford s 5 a Day Wages It s Not What You Think - Forbes

There’s an argument you see around sometimes about Henry Ford’s decision to pay his workers those famed $5 a day wages. It was that he realised that he should pay his workers sufficiently large sums to that they could afford the products they were making. In this manner he could expand the market for his products.

It should be obvious that this story doesn’t work: Boeing would most certainly be in trouble if they had to pay their workers sufficient to afford a new jetliner. It’s also obviously true that you want every other employer to be paying their workers sufficient that they can afford your products: but that’s very much not the same as claiming that Ford should pay his workers so that they can afford Fords.

So, if creating that blue collar middle class that could afford the cars wasn’t why Ford brought in his $5 a day wages, what was the reason?

Actually, it was the turnover of his staff.

At the time, workers could count on about $2.25 per day, for which they worked nine-hour shifts. It was pretty good money in those days, but the toll was too much for many to bear. Ford’s turnover rate was very high. In 1913, Ford hired more than 52,000 men to keep a workforce of only 14,000. New workers required a costly break-in period, making matters worse for the company. Also, some men simply walked away from the line to quit and look for a job elsewhere. Then the line stopped and production of cars halted. The increased cost and delayed production kept Ford from selling his cars at the low price he wanted. Drastic measures were necessary if he was to keep up this production.

That level of turnover is hugely expensive: not just the downtime of the production line but obviously also the training costs: even the search costs to find them. It can indeed be cheaper to pay workers more but to reduce the turnover of them and those associated training costs.

The reason for the pay rise was not as some of our contemporaries seem to think it was. It was nothing at all to do with creating a workforce that could afford to buy the products. It was to cut the turnover and training time of the labour force: for, yes, in certain circumstances, raising wages can reduce total labour costs.

The reason why Ford did it is utterly irrelevant to the outcome.

It worked for unions and it is working now too.

States That Raised Their Minimum Wages Are Experiencing Faster Job Growth ThinkProgress

States That Raised Their Minimum Wages Are Experiencing Faster Job Growth
BY BRYCE COVERT POSTED ON JULY 3, 2014 AT 11:53 AM

The minimum wage went up in 13 states — Arizona, Connecticut, Colorado, Florida, Missouri, Montana, New Jersey, New York, Ohio, Oregon, Rhode Island, Vermont, and Washington — either thanks to automatic increases in line with inflation or new legislation, as Ben Wolcott reports in his analysis at the Center for Economic and Policy Research. The average change in employment for those states over the first five months of the year as compared with the last five of 2013 is .99 percent, while the average for all remaining states is .68 percent.

Digging deeper, all but one of those states are experiencing increases in employment, and nine of them have seen growth above the median rate.

Wolcott’s analysis builds on a previous one from Goldman Sachs, which did the same evaluation for just January and compares it to December of last year. It found that the states that had minimum wage increases experienced faster job growth than those without a raise.

 

[Pksimon2007]

- Invited them in?

yes dear open borders and amnesty is tantamount to inviting them in. Does the liberal have the IQ to understand?

- Which program?

Reagan's or W's?

 

[EdwardBaiamonte]

States That Raised Their Minimum Wages Are Experiencing Faster Job Growth ThinkProgress

100% stupid and liberal of course. Higher prices mean lower demand. A Rolls sells less than a Chevy because the price is higher. A child could understand this, just not a liberal. A liberal not only lacks the IQ to understand it, but insists the opposite is true.

 

[EdwardBaiamonte]

- Invited them in?

yes dear open borders and amnesty is tantamount to inviting them in. Does the liberal have the IQ to understand?

- Which program?

Reagan's or W's?

dear, Reagan was 35 years ago???

 

[Pksimon2007]

, the Republicans in Congress want to OPEN THE BORDER

dear, it's the Democrats who want open borders and amnesty. Want to bet $10,000? You seem slow not to know that and not to check it out before you wrote it.

- Democrats want open borders and amnesty?

Oh, you mean they don't, but the fact that they don't want to round up every Hispanic person in America and shoot them, as well as drone striking anyone who gets near the border, means they support "open borders and amnesty".

False dichotomy much?

 

[kiwiman127]

Wage stagnation is a HUGE problem for 93% of working Americans. That's right...93% of working Americans in the past 7 years have suffered a 5% DECLINE in earnings

Obamanomics......not good for working Americans.

Rooted in Reaganomics and the plutocracy that control America.

That is going to change and soon.

Rooted in Reaganomics

Obamanonics is rooted in Reaganomics?

Whatever he's doing, it isn't working.

Economist use Real Dollars to measure wage growth.

 

[Pksimon2007]

- Invited them in?

yes dear open borders and amnesty is tantamount to inviting them in. Does the liberal have the IQ to understand?

- Which program?

Reagan's or W's?

dear, Reagan was 35 years ago???

- And was he liberal?

 

[Iceweasel]

The difference between liberals and conservatives is that conservatives wish they could wish away reality.

Problem is, we've seen liberalism in action. It sucks everywhere you look.

 

[Pksimon2007]

The difference between liberals and conservatives is that conservatives wish they could wish away reality.

Problem is, we've seen liberalism in action. It sucks everywhere you look.

- You have?

Under Reagan? Or was it Clinton? Or GWH Bush? Or Shrub? I want to see this liberalism in action, I just don't think we've had a liberal administration in 40 years.

 

[EdwardBaiamonte]

- Invited them in?

yes dear open borders and amnesty is tantamount to inviting them in. Does the liberal have the IQ to understand?

- Which program?

Reagan's or W's?

dear, Reagan was 35 years ago???

- And was he liberal?

too stupid!!! situation was 100% different then. There was no China and Toyota had just begun importing cars.

 

[Derideo_Te]

The difference between liberals and conservatives is that conservatives wish they could wish away reality.

Problem is, we've seen liberalism in action. It sucks everywhere you look.

Projecting the fiscal failures to the GOP/Libertarian dogma onto liberalism is simply denial on your part.

 

[EdwardBaiamonte]

Projecting the fiscal failures to the GOP/Libertarian dogma onto liberalism is simply denial on your part.

dear, China just switched to the dogma and instantly eliminated 40% of the world's poverty. Good luck in your after life thanks to being so willfully stupid and liberal

 

[Pksimon2007]

Projecting the fiscal failures to the GOP/Libertarian dogma onto liberalism is simply denial on your part.

dear, China just switched to the dogma and instantly eliminated 40% of the world's poverty. Good luck in your after life thanks to being so willfully stupid and liberal

- China is libertarian now?

On what planet?

 

[JakeStarkey]

- Invited them in?

yes dear open borders and amnesty is tantamount to inviting them in. Does the liberal have the IQ to understand?

- Which program?

Reagan's or W's?

dear, Reagan was 35 years ago???

- And was he liberal?

too stupid!!! situation was 100% different then. There was no China and Toyota had just begun importing cars.

You are adorable, just like Keys, when you stamp your widdle feet. What you just wrote above makes no sense, so explain, hmmm?

 

[EdwardBaiamonte]

Projecting the fiscal failures to the GOP/Libertarian dogma onto liberalism is simply denial on your part.

dear, China just switched to the dogma and instantly eliminated 40% of the world's poverty. Good luck in your after life thanks to being so willfully stupid and liberal

- China is libertarian now?

On what planet?

China is very free market. They spend 5% of GDP on entitlements as compared to 25% here. There, you work and pray what you do is internationally competitive or you starve. Thats how they eliminated 40% of the world's poverty. Chinese libturd bureaucrats did not create aggregate demand they encouraged workers to create competitive products. We got from the stone age to here because Republicans invented or supplied new products. Do you understand?

 

[JakeStarkey]

The chinese did not eliminate 40% of world poverty: that's just EB talking stupidly again.

EB, if we adopted your economic models we would increase world poverty by 10% in one year. Do you understand?

 

[Pksimon2007]

Projecting the fiscal failures to the GOP/Libertarian dogma onto liberalism is simply denial on your part.

dear, China just switched to the dogma and instantly eliminated 40% of the world's poverty. Good luck in your after life thanks to being so willfully stupid and liberal

- China is libertarian now?

On what planet?

China is very free market. They spend 5% of GDP on entitlements as compared to 25% here. There, you work and pray what you do is internationally competitive or you starve. Thats how they eliminated 40% of the world's poverty. Chinese libturd bureaucrats did not create aggregate demand they encouraged workers to create competitive products. We got from the stone age to here because Republicans invented or supplied new products. Do you understand?

- A market in which most businesses are still state-owned is your model of a free market?

 

[JakeStarkey]

Projecting the fiscal failures to the GOP/Libertarian dogma onto liberalism is simply denial on your part.

dear, China just switched to the dogma and instantly eliminated 40% of the world's poverty. Good luck in your after life thanks to being so willfully stupid and liberal

- China is libertarian now?

On what planet?

China is very free market. They spend 5% of GDP on entitlements as compared to 25% here. There, you work and pray what you do is internationally competitive or you starve. Thats how they eliminated 40% of the world's poverty. Chinese libturd bureaucrats did not create aggregate demand they encouraged workers to create competitive products. We got from the stone age to here because Republicans invented or supplied new products. Do you understand?

- A market in which most businesses are still state-owned is your model of a free market?

Edward does not think well.

 

[Care4all]

, the Republicans in Congress want to OPEN THE BORDER

dear, it's the Democrats who want open borders and amnesty. Want to bet $10,000? You seem slow not to know that and not to check it out before you wrote it.

Edward, the Republican leadership in the House has a plan to increase Temporary work visas, (green cards) to Mexicans that want to work here...

Sure they danced around and fluffed it up and said of course they would "take care" of those Americans unemployed before increasing green card immigrants, and some Obama-drama-rama stuff like "make certain the laws that are in place on immigration are followed" crud....

But the gist of this House Leadership Republican Proposal on Immigration Reform and their way of "solving" our immigration problems, was to INCREASE temporary work visas and allow the Mexicans to come and go as they please as long as it is for work here.

A couple sets of alternative immigration principles are circulating, putting emphasis on getting Americans back to work before bringing in thousands of guest workers

AND

That the Republican Leadership in the House also said they would pretty much follow the Bill on Immigration reform that passed the Senate, (and they refused to pass before the election or even allow it up for a vote) and basically give amnesty as you all call it, to the illegal immigrants already here....

According to a recent report in the Wall Street Journal, the House GOP leadership is drafting an immigration principle document that “voices support for the major planks of the comprehensive bill that cleared the Senate last summer.”

Those “planks” include, according to the WSJ’s Laura Meckler, “legal status for undocumented immigrants” and more visas for various different industries that want more foreign workers.

House GOP leadership officials involved in the drafting of their principles include Speaker John Boehner, Majority Leader Eric Cantor, Majority Whip Kevin McCarthy, Budget Committee chairman Paul Ryan and Judiciary Committee chairman Bob Goodlatte.

I think it upset many of the Conservative House members that Boehner and other Leaders did not "consult them on this "plan" of leadership's for immigration reform and amnesty, and increasing green cards.......

“This is an opportunity to ensure an enforcement first approach without sacrificing our constitutional conservative principles,” that second aide said. “Instead, leadership is crafting an immigration platform without consulting conservatives in the House. It’s simply bad politics and bad policy to push any form of amnesty when the border is not secured and with 92 million Americans outside the workforce.”

Briebart had the article and I read it back in January, they have since removed the article from their site with the exception of the Headline for the article.

but I found it on a Source that saves News articles off of the net and was able to finally retrieve the cache of it:

Conservatives Look to Re-frame Immigration Fight with Rival Proposal

 

[Toddsterpatriot]

Wage stagnation is a HUGE problem for 93% of working Americans. That's right...93% of working Americans in the past 7 years have suffered a 5% DECLINE in earnings

Obamanomics......not good for working Americans.

Rooted in Reaganomics and the plutocracy that control America.

That is going to change and soon.

Rooted in Reaganomics

Obamanonics is rooted in Reaganomics?

Whatever he's doing, it isn't working.

Economist use Real Dollars to measure wage growth.
View attachment 41085

Economist use Real Dollars to measure wage growth.

If you saw my charts, they said real compensation.