The average person working in the food industry works 70 hours a week.
They also have little education and the food industry is 24/7.
I hope Liberals on Food Stamps and Welfare are prepared to pay a lot more for food.
Where did you get your statement average person working in food industry works 70 hours/week???
Here are the FACTS and based on the FACTS you are an out right LIAR! Prove it that food industry works work 70 hours! Prove it!
www.bls.gov
Do you see the leisure and hospitality? 26.1 hours! In fact the only group working the most at 42.2 hrs is utilities!
View attachment 327099
What's funny about this is that everyone I know in any career requiring a advanced degree works at least 80 hours a week.
Don't believe reality matches "Offical" Government rules.
AGAIN what's funny is how many people is that? 10? 20? 100?
Bullshit! AGAIN subjective unqualified and totally irrelevant to what AOC stated. YES I can believe some worked 80 hours! I did when
I was in college. Worked several part time jobs. Went to class and studied for a couple. BUT that is the EXCEPTION! NOT the rule!
Please stop with the personal, subjective statements "80 hours a week" bullshit!
I worked on Wall Street and most of the guys and gals in the Synagogues in my community have advanced degrees...
They have always worked about 70-80 hours a week to make their 100K+ salaries + benefits.
Blue Collar workers have no choice and if they don'[t work the hours they get replaced.
I suggest you go out and take a real hard look because I know you're a hard core Conservative and you want to believe the US economic system is comprised of total justice.
It isn't.
I used to work for a heavy equipment manufacturer right after college. The laborers,machinists,welders etc worked 10 hr days starting at 5:00/6:00 am. With shorter hours during the summer ( too hot).
I have learned over the last 10 years that the real world one lives in depends upon the industry, the locale, the technology and the perceived markets.
These people work their lives away and no one appreciates the fact that the road they drive on and the building they work it relies on the skill and integrity of these people.
Well, after all, their not
CEOs!
What the hell does a CEO do anayway?!
What do CEOs do? You don't know? They sign the deals, determine the direction of the company, come up with plans to make new products, refresh old products, and ultimately keep the entire country going.
What do you mean "what do CEOs do?" If you don't know, go learn something. Better yet, go start your own business, and when you are putting in 70 hours a week making that business successful, you'll know what a CEO does.
Dumb question...
What do CEOs of major corporations
do?
Ever watch those Sunday morning Finance Programs?
They spend all day Sunday explaining what went
right because they found a
more efficient way to operate.
That means firing US workers for foreign labor.
They spend all day Sunday explaining what went
wrong on strategic errors due to misguided data from
others.
Do you know how many
billions of dollars are flushed down the drain every year by corporations that stay afloat solely due to
Institutional Trading?
Eliminate
Institutional Trading, aka gambling, and most MNCs would go bankrupt within a year.
In fact, that's
exactly what's happening
now.
Where are their
assets?
In
Institutional Trading!!!
Most financial firms during the DOT COM and Housing Bubble were afloar due soley to
Institutional Trading, not wise decisions.
I know, I know, I'm glad you're naive enough
not to believe any of this.
CEOs of smaller companies usually spend their time trying to make sure everyone is doing their job.
They spend all day Sunday explaining what went right because they found a more efficient way to operate.
That means firing US workers for foreign labor.
If that was true.... then there should be no American labor left. 90% of the population should have been unemployed before 2018.
If you are telling me that every single CEO goes around finding ways to fire US workers, and hire foreign workers, there should be no US workers left to fire by now.
That's ridiculous. Further, it's not even statistically true. Just, flat out, that's wrong. Yes, you might have heard of a few CEOs out of a quarter million CEO in the US, that had to outsource to survive. That's a few out of hundreds of thousands.
Further, do you know what happens to companies that do not operate "efficiently"? They go out of business. Then instead of a few employees being fired, and some outsourcing.... then EVERYONE is fired, and there is NO outsourcing.
By the way, you do realize that outsourcing is a net benefit, right? We're using labor of other countries, to make our country more wealthy. You don't see the countries we outsource too, being more wealthy than us. Name one. Good luck with that.
Do you know how many billions of dollars are flushed down the drain every year by corporations that stay afloat solely due to Institutional Trading?
Eliminate Institutional Trading, aka gambling, and most MNCs would go bankrupt within a year.
In fact, that's exactly what's happening now.
Where are their assets?
In Institutional Trading!!!
What are you talking about? Institutional trading, is when you have traders working for an institution.
An institution is for example, a Pension fund for a Union. A retirement system. A 401K, like mine.
Flushed down the drain? Are you kidding? My parents are millionaires because of their investments. I have doubled my money from institutional trading.
What are you talking about? Do you have any idea what you are talking about?
Most financial firms during the DOT COM and Housing Bubble were afloar due soley to Institutional Trading, not wise decisions.
I know, I know, I'm glad you're naive enough not to believe any of this.
False? Yes, there were companies that were living off of the sale of their stock during the Dot.com bubble. Housing bubble? I don't think so. No. That's wrong.
But yes, there were companies that were selling their stock based on "we're a dot.com, and we're going to make millions", and then they didn't.
The key here is that every firm that is not producing wealth, sooner or later, will fail. That's the beauty of the capitalist system.
In socialist system, like under the Soviet Union, the companies were held together, for decades on end, by the Soviet Union.
In fact, they had Negative Equity firm. To understand what that means... if you take $500 worth of wood, and turn that into $10 chair that breaks when you sit on it.... you have created 'negative equity'. You have taken materials of a higher value, and turned them into a product of a lower value.
Now how does a company like that stay in business? Socialism. The government made them stay in business, and made them continue to 'de-value' the country. That's why socialism always results in poverty.
In capitalism... yes you can fool people for awhile. Sure. But eventually the people investing are going to see no value being produced, and then the company will fold.
Thus naturally in a capitalist system, inefficient companies are eliminated, and value-wealth producing companies expand and grow.
Back to your point.... there is nothing wrong with institutional trade. And no, most companies are not living off their stock sales. In fact, very few.
What you are saying, isn't even logical. Aside from the Initial Public Offering, Apple computer does not get money from the trading of stocks again, until they make another public offering. There could be decades between the sale of stock for a monetary benefit.
Additionally, the only other time stock is used, is typically in acquisitions. So the company buys up another company, in a stock exchange deal.
Again, how would either of these keep the company afloat? How would a company pay their employees with money from a deal that was entirely in stock?
Not logical.
www.statista.com
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