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6 hours ago.
by Kunectdots
rocker
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Daily breaking news and news the liberal media doesn't want you to know, won't report, or just daily news issues.

Americans for many years have had to rely on left leaning biased news reporting from liberal media such as NBC, ABC, and CBS and the New York Times. As most of these outlets struggle to remain on the air and in print, the new media is flourishing and people are hearing both sides of the issues. This forum will provide people with a place to discuss daily news issues of any kind or discuss articles not printed or aired by the liberal news outlets.

 
 

Member Comments

thegreek

In 2005, the average CEO in the United States earned 262 times the pay of the average worker, the second-highest level of this ratio in the 40 years for which there are data. In 2005, a CEO earned more in one workday (there are 260 in a year) than an average worker earned in 52 weeks. The 1980s, 1990s, and 2000s have been prosperous times for top U.S. executives, especially relative to other wage earners. This can be seen by examining the increased divergence between CEO pay and an average worker’s pay over time, as shown in Figure A. In 1965, U.S. CEOs in major companies earned 24 times more than an average worker; this ratio grew to 35 in 1978 and to 71 in 1989. The ratio surged in the 1990s and hit 300 at the end of the recovery in 2000. The fall in the stock market reduced CEO stock-related pay (e.g., options) causing CEO pay to moderate to 143 times that of an average worker in 2002. Since then, however, CEO pay has exploded and by 2005 the average CEO was paid $10,982,000 a ye

Posted 476 days ago.

thegreek

I thought that was your point valveguy and I agree. What I do not agree with is the CEO's, and board of directors getting huge salaries and bonuses and when the grunt in the field deserves more money, they pass it on to us consumers. It is a very high ratio of top dogs wages compared to grunts pay here in the USA. It is much lower in Europe. I wil look itr up and post it here.

Posted 476 days ago.

Valveguy

Point is if you are for increased wages and benefits for fast food workers or for folks working at Wal-Mart, than you will have to accept the trade off of paying higher prices for their goods and services. Some will argue that the Waltons make too much money as do the franchise owners of McDonalds. But in the short term, if you want the wage and benefits to rise for workers in these industries, the customers will pay. I am not passing judgment but passing on business practices as it is today. Just like businesses making full time workers part time to dodge Obamacare, if you were a small business owner supporting your family reducing costs raises your income. Business owners are not charities.

Posted 477 days ago.

scrappile

You really just going to get the sammich?:-) :-) :-)

Posted 478 days ago.

luvthesouth

actually looks like you got me by three minutes! what are the odds or "luck"! :-)

Posted 478 days ago.

moderation

Well, how about that?... Simultaneous posting,lts.

Posted 478 days ago.

luvthesouth

moderation, i hope you do as well. ashamed(not really) to say that i have just rolled out of the sack but it tis true. time for second cup of coffee.

Posted 478 days ago.

moderation

Y'all have a safe and pleasant Labor Day weekend.

Posted 478 days ago.

luvthesouth

the increase in production due to the investment of the machine by the company? the increase could be attributed to the one worker, but in truth their workload has actually decreased and productivity increased based on innovation and investment. with the advancement of automation, process improvement and vanishing industries that are labor intensive, they all combine to enable there to be an artificial worker to productivity number. it does not necessarily mean we are working harder...i would argue we are working smarter in most instances. but that doesn't bode well for labor. Happy Labor Day!

Posted 478 days ago.

luvthesouth

good afternoon scrappile and thank you for the labor day holiday wishes. i hope you enjoy your labor day week-end as well. we enjoy our sweet tea homemade in a glass pitcher. some seem to like it out of plastic pitchers or half-gallon jugs. to each their own. the true measurement of labor and productivity must be tempered within the variables that affect the overall outcome. depending on one's side or focus of the argument concerning any particular element, the ratio will be skewed and not represent a true value. consider for example. you have five employees that package widgets at a predictable overall rate without consideration of individual performance. recently the employer purchased an automated packaging machine that only requires one employee to operate and increases the output four fold compared to the output of the five. with the the new machine four workers are let go and one retained. did their personal production or amount of actually increase due to their efforts or was

Posted 478 days ago.

thegreek

If a Big Mac were $5.50 I would eat less fast food luches. I would get lunchmeat or go home for lunch. But, I do not think the fast food workers get paid enough either. It is a conundrum for sure.

Posted 478 days ago.

BeRight

Scap, the question was would you pay $5.50 just for the Big Mac?

Posted 478 days ago.

scrappile

You have a great Labor Day weekend LTS, and remember who this holiday is for, The American Worker, in a stunning development a big mac meal is already over 5.50 at the Mcd's I get my sweet tea at.....

Posted 479 days ago.

scrappile

Excerpted from an article in Washington Monthly, chest thumping or bearing evidence...... Nevertheless, these ever-fewer workers seem to be producing ever-larger quantities of manufactured goods, such as electronics, aircraft, medical equipment, and chemicals. According to the Bureau of Economic Analysis, American manufacturing output was 16 percent higher in 2010 than it was a decade earlier, despite the devastating impact of the Great Recession and the virtual disappearance of some manufacturing industries. Combined with the sharp plunge in employment, the BEA statistics imply that manufacturing productivity rose by a stunning 74 percent from 2000 to 2010. Companies that distribute and sell these goods, like Walmart and Best Buy, also seem to be enjoying sizable efficiency gains. According to government data, wholesale and retail trade companies have seen a 20 percent increase in productivity since 2000, as information technology and the Internet enables them to deliver more goods w

Posted 479 days ago.

luvthesouth

scrappile, i would suggest that you take a breath and read again what i wrote. you are missing the point of my post and nowhere did i make such a claim. i simply meant to say that i had admiration for those that chose to work where they for what they rather than take the easy road by way of welfare, snap and public housing. signing up for free crap is not taking initative. taking steps to move forward is. if one chooses to stay in a job that is not by design anything more than a stepping-stone job, then so be it. when you have plenty of jobs avaiable and still read every week about the jobless claims and those that have stopped looking because the wimps in washington have lost the ability to say no and prompt many to start providing for themselves, then maybe... just maybe you can justify your chest-pounding claim.

Posted 479 days ago.

Valveguy

would you pay $5.50 for a Big Mac in order to support $12.50 per hour wages that the Fast Food Workers say they want?

Posted 479 days ago.

scrappile

If you believe our workforce is lazy and unproductive, you have bought the spawn scamminme mentality hook , line and sinker, the workforce of the U.S. is still hour for hour second to none in terms of productivity, and my generation actually works 1 and 1/2 times harder for the same pay, that is admirable. Employment situation summary by the Bureau of Labor Statistics is quite valuable in information about our workforce, seems there those that want to change their lot in life, but the jobs that will allow this change are not there.....

Posted 480 days ago.

moderation

I would not care if every micky d's, arby's, wendy's,burger king,jack's crack,golden corral( i have never been in one)and all the others I did not list,closed down tomorrow.Unemployment would be still be an issue, but many others would not.

Posted 480 days ago.

luvthesouth

profit. just because one increases their expenses doesn't mean that employers increase their wage. if you work try that on your employer. go buy a new car then tell them they have to give you a raise....don't forget to mention that in the future you will be needing a nice garage for your new ride.

Posted 480 days ago.

luvthesouth

scrappile, i would have hoped that you would share in my admiration for the folks that have the motivation and self-respect to seek emplyment rather than create an imprint of their posterior in a seat cushion all day. while looking through want ads, i have yet to find one that advertizes that all of your needs in life will be provided for you and you will never have to work any harder or educate yourself anymore than you are now. the communites that offer large busniesses incentives either get personal or community benefits that seem well worth the offer. these folks have a great way of furthering themselves if they wish. there are many accredited courses offered on-line as well as local community colleges that with the part-time employment along with good financial decisions and time management, advancement could be realized. unfortunately Staples seems to be all out of the "easy" button. everyone desires a profit. however just as in our personal life, expenses control prof

Posted 480 days ago.
 
 
 
 

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