gipper
Diamond Member
- Jan 8, 2011
- 72,936
- 39,553
- 2,605
Good idea.They can take his pay to zero and divide it up amongst all the workers. They will all get an additional 175 dollars a year...
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Good idea.They can take his pay to zero and divide it up amongst all the workers. They will all get an additional 175 dollars a year...
Well let's not go down that rabbit hole. You're probably right. People who bitch about the Gold Standard or how the Federal Reserve was taken over by bankers in 1913. All true. Nafta is bullshit but it was Republicans who pushed it. And it is the reality. Too late to be against it now.We can break down many ways of wealth. The federal government has screwed over tens of millions of people many tines who played by the rules and then were changed. Old barney Frank and the gang is an example. The abuse of the fiat currency happens over and over.
Good idea.
Agreed but now watch as Dumb Joe turns on the UAW, as he did the railroad workers and as his Messiah Big Ears dumped Occupy Wall Street.Don't forget the 200 VP's who make anywhere from $300K to $1million. Hell I know a female VP who makes $3 million because she's a diversity candidate. Let's call that $100 million dollars. Cut that number in half, give every worker at Chrysler their fair share, 11,000 workers, that's 5K a worker.
And how about the junior VP's. Way overpaid.
And notice that when they gave themselves raises and this raised the cost of their products, Republicans didn't cry about that.
I had a great uncle who was a shoe salesman at Sears back in the 50s and 60s. Raised four kids and the wife never worked outside the home. Retired moved to Florida with a nice pension and SS. He enjoyed his retirement.And back then CEO's made 30 of 300x the average worker. Not 3000 x's.
Back then a bellman at a hotel could raise a family on what he made. Or a waiter at a nice restaurant. Those were professions. Not jobs for college kids. And back then GM was the countries largest employer. Today it's Walmart.
Back them my aunt worked for Farmer Jacks. Union job. Paid well. She was a single mom of 2 and paid the bills working there. But they broke that union and company went "out of business". Maybe it turned into A&P, Kroger, Publix, whatever. But they broke the unions. Said they couldn't afford them.
In 2022, Kroger's operating profit amounted to about 4.13 billion U.S. dollars, up from approximately 3.48 billion in 2021.
Sure they couldn't.
The left's response: Oh, they would do that anyway.Something also that will more than likely happen is they cut jobs even after all of that. They demand too much half of them will get automated out of a job.
I promise you right now they have people sitting down and doing 10 year cost estimates on the wage raises, and doing cost estimates on automating a lot of their jobs and deciding which one will save them the most money at the 10 year mark.
To the head honchos it's all about earnings reports, it's money and nothing else. And in any company your biggest expense is your employees.
Fucking boomers. The Greatest Generation set them up good and then when they took over they looked at us and said sorry Gen X and younger but don't expect to have it as good as we had it. Mother fuckers.I had a great uncle who was a shoe salesman at Sears back in the 50s and 60s. Raised four kids and the wife never worked outside the home. Retired moved to Florida with a nice pension and SS. He enjoyed his retirement.
Then your company was able to survive by doing the same things it always did without changing anything. I worked for the largest electronics retailer in the country at the time and it changed drastically when the CEO changed. Obviously, the CEO is crucial to the company's success or failure when innovation and changing market forces hit it.
It's so obvious. And these middle class USMB republicans have defending/gone along every step of the way. Through the Bush years. How did the GOP win over these fools? Fears of Socialism! Racism! Losing their guns! Religion!Admittedly, someone has to have decision making authority. But since it's the subordinates that compile and correlate all the data, and present it in 'no-brainer' format to the CEO, they could just make those decisions.
There are lot's of qualified people who can & will do executive's jobs as well or better for a small percentage of what executives are paid.
It's only since the 1980s that executive compensation has grown obscenely large - the same time that employee salaries and wages got frozen. There's a direct connection.
He can't be dumb enough to lose the unions to Trump. I don't mean the official union, I mean union members. But they are Red necks, white trash and blue collar so you never know. Deplorable. Makes it hard for me to defend them making as much as they are asking for. But I know if they get it, that sort of puts a dent in the wealth gap that seems to just keep on getting wider. The rich richer and us poorer.Agreed but now watch as Dumb Joe turns on the UAW, as he did the railroad workers and as his Messiah Big Ears dumped Occupy Wall Street.
Destroying the working class is a bipartisan affair.
Not just authority, responsibility. The top executives have to know enough about what they are doing to make the right calls in the first place. The retailer I'm talking about is a classic example. Coming out of Y2K, they had 700 some people in IT, waaay too many because they hired FTE's instead of consultants to fix the Y2K bug. Then they laughed when Best Buy financed a massive expansion. They bragged that they were sitting on a billion dollars in cash and could finance their own expansion. Suddenly, when Best Buy took the number one market share spot, they panicked, fired all the commissioned salespeople and told them they could apply for their old jobs at $10/hour.Admittedly, someone has to have decision making authority. But since it's the subordinates that compile and correlate all the data, and present it in 'no-brainer' format to the CEO, they could just make those decisions.
There are lot's of qualified people who can & will do executive's jobs as well or better for a small percentage of what executives are paid.
It's only since the 1980s that executive compensation has grown obscenely large - the same time that employee salaries and wages got frozen. There's a direct connection.
Not just authority, responsibility. The top executives have to know enough about what they are doing to make the right calls in the first place. The retailer I'm talking about is a classic example. Coming out of Y2K, they had 700 some people in IT, waaay too many because they hired FTE's instead of consultants to fix the Y2K bug. Then they laughed when Best Buy financed a massive expansion. They bragged that they were sitting on a billion dollars in cash and could finance their own expansion. Suddenly, when Best Buy took the number one market share spot, they panicked, fired all the commissioned salespeople and told them they could apply for their old jobs at $10/hour.
All led from the top, all by people given the data presented to them in 'no-brainer' format.
Do you think!?!It sounds like they f'd their company up royally.
Well, they were old-school, really wanting full-time workers and to take care of them. Case in point. When I was hired, they not only paid my moving expenses, but paid my mortgage until our old house sold, five months in total. Obviously, they should have brought on some consultants to fix the Y2K issue (it was in AS400's and in databases, hardly fixable by workstation upgrades), and let them go after everything settled down, but like I said, they really wanted to take care of their employees. Heck, I'm even going to get a pension from them when I retire. Non-union shop, BTW. It was a great place to work up until the turn of the century, then it steadily declined.There was no need for any large number of IT workers to fix the Y2K bug. A BIOS upgrade and OS patch did the trick. Not a big deal.
It has a lot to do with how a CEO's reaction to changing market forces affects the entire company for better or worse. The previous CEO started a secret project that everyone laughingly called "Honest Rick's Used Cars" because that was about as ludicrous an idea as anyone could imagine an electronics retailer doing, selling used cars. The CEO, however, realized that the bread and butter of electronics retailing, selling expensive items that consumers don't buy every day, was well suited to selling cars, and that's how Carmax was born. The CEO that came on after him was from accounting and was fixated on not spending money. That don't work so good in big business.I don't know what that has to do with Best Buy's expansion.
No, at that point, they were panicking and thought they could instantly change their business model from highly trained, commissioned salespeople to $10/hour college students hired off the streets to be more like Best Buy. Like I said, the focus was on spending less, not innovating and taking risks, like the previous CEO was.Sounds like they screwed the workers to make their prospectus look better, while doing nothing to really improve their business.
No, they were not so motivated. In fact, most of them simply left. Why go from making almost 6 figures selling camcorders and big-screen TV's to $10/hour when you can do better somewhere else?I'm sure that the sales people were highly motivated to make sales after that!![]()
A pure or majority socialist government and economy does not work.Which is exactly what you leftist turds want. To hell with the risk takers, entrepreneurs, and business owners.
Sure we are. We want the government completely out of the private sector as it should beA pure or majority socialist government and economy does not work.
Anyone who wants a socialist government and economy is not living in the real world.
But on the other hand, Trump cult members, like you, are not living in the real world. You have something in common with socialists.
You don't understand economics if you want an unregulated capitalist economy without regulatuion.Sure we are. We want the government completely out of the private sector as it should be
We currently have an unregulated capitalist economy but only for the big multinational corporations who give freely to the two criminal gangs, while colluding with government to control the masses.You don't understand economics if you want an unregulated capitalist economy without regulatuion.
An unregulated capitalist economy would soon be dominated by fewer and fewer producers and even retailers. As the various segments of the economy become dominated by one participant the ability for others to compete would become impossible. The dominant player would have no competition and can didtate prices to the consumer; a monopoly.
You do not live in the real world when understanding unregulated capitalistic economy.
An unregulated capitalistic economy and a pure socialist economy do not work in the real world.
The big corporation have too much influence on the government who regulates them but we have far from an unregulated economy.We currently have an unregulated capitalist economy but only for the big multinational corporations who give freely to the two criminal gangs, while colluding with government to control the masses.
The big corps do as they please, and government essentially assists and protects them. This is particularly true with big pharma.The big corporation have too much influence on the government who regulates them but we have far from an unregulated economy.
It’s much worse then most of us know or care to know.The big corporation have too much influence on the government who regulates them but we have far from an unregulated economy.