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woo me with science

(32,139 posts)
Fri Jun 6, 2014, 01:15 PM Jun 2014

Low-wage jobs replace middle-income work. Welcome to your new low-pay future.

Last edited Sat Jun 7, 2014, 12:11 PM - Edit history (2)

The jobs that have been created in this "recovery" are mostly low-pay service jobs. The truth is that it was not a recovery. It was a restructuring to benefit the One Percent.



April 28, 2014: Most Of The Jobs Added Since The Recession Pay Low Wages
http://thinkprogress.org/economy/2014/04/28/3431351/recovery-jobs-low-wage/

Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
http://www.nytimes.com/2014/04/28/business/economy/recovery-has-created-far-more-low-wage-jobs-than-better-paid-ones.html?_r=0

Low-wage jobs proliferate as middle class ones disappear: job growth patterns since the recession
http://www.cleveland.com/business/index.ssf/2014/04/low-wage_jobs_proliferate_as_m.html

Low-Wage Jobs Replace Middle-Income Work, Study Finds
http://www.huffingtonpost.com/2012/08/31/low-wage-jobs_n_1846733.html

Careers Are Dead. Welcome To Your Low-Wage, Temp Work Future
http://www.forbes.com/sites/jmaureenhenderson/2012/08/30/careers-are-dead-welcome-to-your-low-wage-temp-work-future/



In addition, the TPP that Obama is hell-bent on supporting will DESTROY jobs and cut wages for over 90 percent of American workers:




No, the chocolate ration has not been increased:

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Top 1% get 121% of income gains since 2009 (100% of new income + 21% from your old income)
http://www.democraticunderground.com/10022384139

How the 1 percent won the recovery, in one table
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/11/how-the-1percent-won-the-recovery-in-one-table/

Recovery for the Rich, Recession for the Rest
http://www.huffingtonpost.com/rj-eskow/recovery-for-the-rich-rec_b_3910615.html

The Rich Get Richer Through the Recovery
http://economix.blogs.nytimes.com/2013/09/10/the-rich-get-richer-through-the-recovery/

Incomes Flat in Recovery, but Not for the 1%
http://www.democraticunderground.com/1014400736

U.S. corporate profits stronger than ever, workers' wages fallen to lowest-ever share of GDP (CNN)
http://www.democraticunderground.com/10021922334

U.S. Income Inequality Now Worse Than Many Latin American Countries
http://www.democraticunderground.com/10022268073

Ranks of working poor increasing
http://www.democraticunderground.com/10022200197

Inequality Rages as Dwindling Wages Lock Millions in Poverty
http://www.democraticunderground.com/10022198286

The Middle Class In America Is Being Wiped Out – Here Are 60 Facts That Prove It
http://www.democraticunderground.com/10022144851

Child poverty rates increase unabated
http://www.democraticunderground.com/10022268450

40 Percent of Americans Now Make Less than 1968 Minimum Wage
http://www.democraticunderground.com/111631016

Corporate Profits Have Grown By 171 Percent Under ‘Anti-Business’ Obama
http://www.democraticunderground.com/1014372334

US poverty on track to reach 46-year high; suburbs, underemployed workers, children hit hard
http://www.democraticunderground.com/1002998131

Poverty, hunger among retirees increasing
http://www.democraticunderground.com/1002748342

The Economy is "Recovering" By Creating More Low-Wage Jobs... Increasingly Filled By Graduates
http://www.democraticunderground.com/10022602162

"Recovery" in US is lifting profits, but not adding jobs
http://www.democraticunderground.com/1014414149

Obama to use pension funds of ordinary Americans to pay for bank mortgage settlements
http://www.democraticunderground.com/1002205218

What Recovery? Across America, People in Distressed Cities and Small Towns Face Economic Catastrophe
http://www.democraticunderground.com/10022545596

Real wages decline; literally no one notices
http://www.democraticunderground.com/11172387

Wall Street Soars with Wealth as Wages Stagnate, Jobs Remain in a Slump
http://www.democraticunderground.com/12526154

Wages for bottom 90% declined 1.2% during 2009-2011 recovery, top 1% income grew 8.2%
http://www.democraticunderground.com/10022271466

Three Minimum Wage Jobs Needed To Afford Two-Bedroom Apartment
http://www.democraticunderground.com/10022578738

Wages have fallen to a record low as a share of America’s gross domestic product.
http://www.democraticunderground.com/10022183930

The Real Numbers: Half of America in Poverty -- and It's Creeping toward 75%
http://www.democraticunderground.com/10022906982


70 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Low-wage jobs replace middle-income work. Welcome to your new low-pay future. (Original Post) woo me with science Jun 2014 OP
k&r for the truth, however depressing it may be. n/t Laelth Jun 2014 #1
ditto questionseverything Jun 2014 #29
As a witness to the decimation of my hometown, I knew that it wouldn't end here... Romulox Jun 2014 #2
detroit was the test case questionseverything Jun 2014 #45
Don't feel alone rickyhall Jun 2014 #61
I think your last link leads to the wrong page. KatyaR Jun 2014 #3
Correct URL needs another "2" at the end... alp227 Jun 2014 #17
Thank you! KatyaR Jun 2014 #33
Thank you both. woo me with science Jun 2014 #49
Next target: continue debasing the salary of skilled workers. n/t winter is coming Jun 2014 #4
OH, and of course, blame a "skills gap" (i.e. 'itz teh werkre's fawlt) . . . . HughBeaumont Jun 2014 #6
Yeah, there's that hideous STEM shortage. winter is coming Jun 2014 #7
it's repeated by people who DO know better MisterP Jun 2014 #12
+1 Obama's TPP will destroy jobs *and* lower wages for more than 90 percent of American workers. woo me with science Jun 2014 #8
You got it there.... elzenmahn Jun 2014 #23
the free trade agreements besides lowering wages questionseverything Jun 2014 #47
+1000000 It will be malignant in many ways even beyond trashing jobs and wages. woo me with science Jun 2014 #50
This happened in my industry when unions were busted BrotherIvan Jun 2014 #5
I am not complaining..but my eyes glaze over with that many links Leme Jun 2014 #9
+1 eom LittleGirl Jun 2014 #22
Then just pick one. :-/ n/t DeSwiss Jun 2014 #58
I believe this dynamic will change if/when we reach "full employment". phleshdef Jun 2014 #10
Which will be helped along ... 1StrongBlackMan Jun 2014 #11
Well said. When we get rid of the gridlock. Louisiana1976 Jun 2014 #27
YUP ... when you have 100 people interviewing for the same job ... JoePhilly Jun 2014 #30
If there is a worker shortage at the price corporations want to pay, amandabeech Jun 2014 #65
Honesty. How refreshing. There ballyhoo Jun 2014 #13
I hope these lazy slackers are setting aside $1000/month for retirement. Orrex Jun 2014 #14
Telling ya, they shoulda/coulda/woulda been born on third base. HughBeaumont Jun 2014 #15
Unionize or reduce the number of available employees the_sly_pig Jun 2014 #16
the last 7% increase I had awoke_in_2003 Jun 2014 #54
I was ripping on boomers.... the_sly_pig Jun 2014 #70
Finally! Someone comes out with a true jobs report n/t FloriTexan Jun 2014 #18
word. the new normal is that america will be a third world country. nt TheFrenchRazor Jun 2014 #19
median wage from BLS seems remarkably static in constant dollars whatthehey Jun 2014 #20
Notice that is only from 2007 Warpy Jun 2014 #26
Well 2005 to be picky, but the point referred to the recession/recovery. nt whatthehey Jun 2014 #31
"a restructuring to benefit the One Percent." zeemike Jun 2014 #21
Big ass rec! progressoid Jun 2014 #24
The one percenters nyabingi Jun 2014 #25
Excellent post--K&R Louisiana1976 Jun 2014 #28
A glimmer of hope.. even the commentators on cnbc are admitting there is income inequality. DCBob Jun 2014 #32
wages are stagnant...meanwhile rents have tripled noiretextatique Jun 2014 #34
Glimmer ProSense Jun 2014 #35
This is what happens if we let "jobs" be defined in the abstract Populist_Prole Jun 2014 #36
+1000000 "The chocolate ration has been increased." woo me with science Jun 2014 #39
AWWWW you're being mean to Obama! Skittles Jun 2014 #37
K&R, because it really matters. nt Mnemosyne Jun 2014 #38
Every day Congress delays raising the Federal minimum means more profits for Corps & more Sunlei Jun 2014 #40
du rec. xchrom Jun 2014 #41
Is the U.S. Headed toward Another Recession? Jefferson23 Jun 2014 #42
Except for all the smoke and mirrors it never really climbed out of the last one. hobbit709 Jun 2014 #43
Afraid so, yes. n/t Jefferson23 Jun 2014 #44
Thank you. nt woo me with science Jun 2014 #46
You're most welcome..the consensus seems pretty clear and we all need to know. n/t Jefferson23 Jun 2014 #60
Well see, that the thing about capitalism. These recessions...... socialist_n_TN Jun 2014 #53
I've noticed that the time between recessions has shortened. amandabeech Jun 2014 #66
It's already here. davidthegnome Jun 2014 #48
That is awful and must be beyond frustrating.so sorry, hope the situation improves for you. n/t Jefferson23 Jun 2014 #62
You're right. woo me with science Jun 2014 #67
K&R.... daleanime Jun 2014 #51
and YET, ask ANY person you know who isnt one of us, what they think the problem is randys1 Jun 2014 #52
Transitioning to global neofeudalism. moondust Jun 2014 #55
The propaganda machine will certainly tell us we enjoy it! nt woo me with science Jun 2014 #64
K & R ctsnowman Jun 2014 #56
This. DeSwiss Jun 2014 #57
No question is more important than that of wages. Skeeter Barnes Jun 2014 #59
So we are back to yesterdays wages. When is the cost of living going back to yesterday? jwirr Jun 2014 #63
I am normally against censorship in all it's forms... Initech Jun 2014 #68
I thought I was the only one that saw Ayn Rand forcing Bill Clinton nationalize the fed Jun 2014 #69

Romulox

(25,960 posts)
2. As a witness to the decimation of my hometown, I knew that it wouldn't end here...
Fri Jun 6, 2014, 01:22 PM
Jun 2014

All my life I've seen Detroit used as a scapegoat for the nation's economic and racial insecurities. And for almost as long I've been telling people this process was just beginning here, not ending.

questionseverything

(9,651 posts)
45. detroit was the test case
Sat Jun 7, 2014, 11:54 AM
Jun 2014

building public debt that benefited private corps knowing the population shift to suburbs would not provide the tax base to repay that debt

rickyhall

(4,889 posts)
61. Don't feel alone
Sat Jun 7, 2014, 01:21 PM
Jun 2014

Ft.Worth may be a little better off then Detroit but it's been going hill ever since the War on Viet Nam ended. And DeQueen looks like FDR never existed, except for Walmart and the fast food joints.

woo me with science

(32,139 posts)
8. +1 Obama's TPP will destroy jobs *and* lower wages for more than 90 percent of American workers.
Fri Jun 6, 2014, 02:47 PM
Jun 2014

We cannot afford to tolerate any more Third Way in our party. No Hillary. No more Republicans in Democrat suits.

America will not survive it.

elzenmahn

(904 posts)
23. You got it there....
Fri Jun 6, 2014, 04:09 PM
Jun 2014

....this is a DIRECT RESULT of all of those "free trade" deals we've made with various countries and coalitions.

The entire purpose of those trade deals was for corporations to take advantage of CHEAP LABOR. Nothing more. Nothing less.

questionseverything

(9,651 posts)
47. the free trade agreements besides lowering wages
Sat Jun 7, 2014, 12:04 PM
Jun 2014

lead to huge increases in food prices

think about it,what do we have to export....food

putting grocery staples on the stock exchange as commodities didnt help either

woo me with science

(32,139 posts)
50. +1000000 It will be malignant in many ways even beyond trashing jobs and wages.
Sat Jun 7, 2014, 12:15 PM
Jun 2014

Food prices will increase.

Access to medications will decrease.

Internet freedom will decrease.

And corporations will be handed the power to override national sovereignty on major issues ranging from deregulation to worker protection.

This is more than a disaster. It is a direct, deliberate, corporate predatory assault aimed at all of us.

BrotherIvan

(9,126 posts)
5. This happened in my industry when unions were busted
Fri Jun 6, 2014, 02:05 PM
Jun 2014

by reality tv and the Producers Guild buying off the leaders of the Writer's Guild and the Actor's unions to sell them out. Craftspeople used to be able to live middle class lifestyles with union benefits. Because of outsourcing and union busting, a job that used to be $1500 a day is not listed at $500 a WEEK with the most outrageous workloads. The majority of the people I know have had to take other jobs or have left the industry altogether.

It will take an amazing leader to right this course and put in place policies that protect American jobs and domestic goods. For instance, Australia's tariffs are so high, it almost doesn't make sense to import many goods there. Things like tax breaks for American employees and harsh penalties for outsourcing. But how can you do this when the biggest outsourcers of all consult the Whitehouse on "jobs". We see the unemployment numbers going down, but a little digging shows the new jobs are low wage. There may be no stopping it.

 

phleshdef

(11,936 posts)
10. I believe this dynamic will change if/when we reach "full employment".
Fri Jun 6, 2014, 02:56 PM
Jun 2014

Right now, the employers have the upper hand because people need jobs more than they need people.

When you hit full employment, employers are forced into a position of competing for workers and they can only do that by offering better pay and better benefits. This is, of course, another reason the big corporations like a little bit of high unemployment.

 

1StrongBlackMan

(31,849 posts)
11. Which will be helped along ...
Fri Jun 6, 2014, 02:59 PM
Jun 2014

if/when we (Democrats) take the House and expand the Democratic majority in the Senate.

JoePhilly

(27,787 posts)
30. YUP ... when you have 100 people interviewing for the same job ...
Fri Jun 6, 2014, 04:45 PM
Jun 2014

... you can pick from the 20 or 30 who are qualified, based on which will take the lowest salary.

When its only 2 or 3 applicants, or lower, they have to up the wages and benefits.

The idea that the new jobs would be at higher wages doesn't fit reality.

 

amandabeech

(9,893 posts)
65. If there is a worker shortage at the price corporations want to pay,
Sat Jun 7, 2014, 03:38 PM
Jun 2014

they move everything overseas to cheap labor locations or they bring in workers from those cheap locations.

They're addicted to cheap labor, and I mean really addicted.

Unfortunately, our government seems to be their dealer.

Orrex

(63,203 posts)
14. I hope these lazy slackers are setting aside $1000/month for retirement.
Fri Jun 6, 2014, 03:10 PM
Jun 2014

The way I hear it, there's absolutely no excuse not to do so.

Slackers!

HughBeaumont

(24,461 posts)
15. Telling ya, they shoulda/coulda/woulda been born on third base.
Fri Jun 6, 2014, 03:23 PM
Jun 2014

"Life would be a hell of a lot easier fer these kids today if they just mythically pulled themselves up by their bootstraps and got Super PhDs in long-term, non-outsourceable career fields they should have predicted the FUTURE on, by gumption!"

"I mean, if guys like me could have things like 'pensions', 'job security', 'unions', 'a wage that met the cost of living', 'an economic climate that didn't require musical chairs or a bottomless pit of money for multiple trips to college', etc., ANYone can!!11!!!"

the_sly_pig

(741 posts)
16. Unionize or reduce the number of available employees
Fri Jun 6, 2014, 03:36 PM
Jun 2014

if you want to drive wages up. Gone are the days of 7% annual wage increases that the baby boomer's got while they smoked at their desk and had their two martini lunches.

Unfortunately, it seems a byproduct of relying on corporations for our sustenance is low wages.

the_sly_pig

(741 posts)
70. I was ripping on boomers....
Sun Jun 8, 2014, 02:21 AM
Jun 2014

I worked with a bunch in the '90's that always bragged that during the '70's decade they would all get 7%. Additionally they were allowed to smoke at their desk and basically work only half days. After getting liquored up at lunch, most just goofed around.

I've never seen anything close to 7%.

Warpy

(111,245 posts)
26. Notice that is only from 2007
Fri Jun 6, 2014, 04:31 PM
Jun 2014

The trend toward eliminating the jobs that sustained whole families in favor of the McJob that won't support even the worker, himself, has been going on for three decades now.

Men's wages have fallen steadily since the 1970s. Women's wages have fallen less because women were more likely to be stuck in McJobs and didn't have that far to fall.

zeemike

(18,998 posts)
21. "a restructuring to benefit the One Percent."
Fri Jun 6, 2014, 04:02 PM
Jun 2014

That is exactly what it was.
But they do it slow so that there is no sudden pain.

nyabingi

(1,145 posts)
25. The one percenters
Fri Jun 6, 2014, 04:20 PM
Jun 2014

and their many allies in power are killing us softly, creating the illusion that things are getting better through their stats but we know better.

DCBob

(24,689 posts)
32. A glimmer of hope.. even the commentators on cnbc are admitting there is income inequality.
Fri Jun 6, 2014, 04:50 PM
Jun 2014

Yes. I actually heard that today and some even thought we needed to do something about it. Oh my.

noiretextatique

(27,275 posts)
34. wages are stagnant...meanwhile rents have tripled
Fri Jun 6, 2014, 09:16 PM
Jun 2014

Utilities have doubled...food and gas prices are high. In five years, I gone from preparing to buy a house, with a decent 401k...to wondering if I will be able to rent an apartment by myself. The only blessing is that I did not get a mortgage for twice what the property is worth.

ProSense

(116,464 posts)
35. Glimmer
Fri Jun 6, 2014, 10:39 PM
Jun 2014

This Census data is from the piece that your last link was to direct readers to.

The data presented here are from the Current Population Survey (CPS), 2012 Annual Social and Economic Supplement (ASEC), the source of official poverty estimates. The CPS ASEC is a sample survey of approximately 100,000 household nationwide. These data reflect conditions in calendar year 2011.

  • In 2011, the official poverty rate was 15.0 percent. There were 46.2 million people in poverty.

  • After 3 consecutive years of increases, neither the official poverty rate nor the number of people in poverty were statisti¬cally different from the 2010 estimates1

  • The 2011 poverty rates for most demographic groups examined were not statistically different from their 2010 rates. Poverty rates were lower in 2011 than in 2010 for six groups: Hispanics, males, the foreign-born, nonciti¬zens, people living in the South, and people living inside metropol¬itan statistical areas but outside principal cities. Poverty rates went up between 2010 and 2011 for naturalized citizens.

  • For most groups, the number of people in poverty either decreased or did not show a statistically significant change. The number of people in poverty decreased for noncitizens, people living in the South, and people living inside metropolitan statistical areas but outside principal cities between 2010 and 2011. The number of naturalized citizens in poverty increased.

  • The poverty rate in 2011 for chil¬dren under age 18 was 21.9 per-cent. The poverty rate for people aged 18 to 64 was 13.7 percent, while the rate for people aged 65 and older was 8.7 percent. None of the rates for these age groups were statistically different from their 2010 estimates.2
http://www.census.gov/hhes/www/poverty/about/overview/


Go to the "Publications" tab for more information.

Income, Poverty and Health Insurance Coverage in the United States: 2011
http://www.census.gov/newsroom/releases/archives/income_wealth/cb12-172.html

Sex

  • The poverty rate for males decreased between 2010 and 2011, from 14.0 percent to 13.6 percent, while the poverty rate for females was 16.3 percent, not statistically different from the 2010 estimate.
<...>

Health Insurance Coverage

  • The number of people with health insurance increased to 260.2 million in 2011 from 256.6 million in 2010, as did the percentage of people with health insurance (84.3 percent in 2011, 83.7 percent in 2010).

  • The percentage of people covered by private health insurance in 2011 was not statistically different from 2010, at 63.9 percent. This was the first time in the last 10 years that the rate of private health insurance coverage has not decreased. The percentage covered by employment-based health insurance in 2011 was not statistically different from 2010, at 55.1 percent.

  • The percentage of people covered by government health insurance increased from 31.2 percent to 32.2 percent. The percentage covered by Medicaid increased from 15.8 percent in 2010 to 16.5 percent in 2011. The percentage covered by Medicare also rose over the period, from 14.6 percent to 15.2 percent. The percentage covered by Medicaid in 2011 was higher than the percentage covered by Medicare.

  • In 2011, 9.7 percent of children under 19 (7.6 million) were without health insurance. Neither estimate is significantly different from the corresponding 2010 estimate. The uninsured rate also remained statistically unchanged for those age 26 to 34 and people age 45 to 64. It declined, however, for people age 19 to 25, age 35 to 44 and those age 65 and older.

  • The uninsured rate for children in poverty (13.8 percent) was higher than the rate for all children (9.4 percent).

  • In 2011, the uninsured rates decreased as household income increased from 25.4 percent for those in households with annual income less than $25,000 to 7.8 percent in households with income of $75,000 or more.

    <...>
- more -

http://www.census.gov/newsroom/releases/archives/income_wealth/cb12-172.html

Dire information, but I would say a decrease in the poverty rate between 2010 and 2011 is big news, as is the information on health insurance coverage.

Fast forward to 2014.

More children, and low-income kids, getting health insurance: study

By Russ Britt

More children are getting health insurance, with the greatest increases coming in low-income households...The analysis from the Robert Wood Johnson Foundation says the percentage of children without health coverage was 7.5% in 2012, the most recent year for which data are available. That’s down from 9.7% in 2008, according to research conducted by the University of Minnesota.

Low-income households made the greatest gains in getting children insured. That income group, within 138% of the federal poverty line, reportedly had 10.4% of children left uninsured, down from 15.5% in 2008.

Larger gains were made among Hispanic and non-white families. Among Hispanics, 12.6% of children were uninsured in 2012, down from 18.3% in 2008. For non-whites, 7.1% of this group was uncovered in 2012, down from 9.6%.

No state saw a decline in insured children. The greatest drops came from Oregon, Florida, Delaware, Mississippi, South Dakota and Idaho. All saw the percentage of uninsured children drop by five or more points.

The study year doesn’t include the effects of the Affordable Care Act, which started taking applicants Oct. 1, 2013. Future studies are expected to gauge the effects of Obamacare.

http://blogs.marketwatch.com/health-exchange/2014/04/10/more-children-and-low-income-kids-getting-health-insurance-study/

Huge! This is a direct result of the CHIP expansion and an Obamacare provision.

Background:

Obama Signs Children’s Health Insurance Bill

By ROBERT PEAR

WASHINGTON — The House gave final approval on Wednesday to a bill extending health insurance to millions of low-income children, and President Obama signed it this afternoon, in the first of what he hopes will be many steps to guarantee coverage for all Americans.

<...>

The roll call ended a two-year odyssey for the child health legislation, which President George W. Bush adamantly opposed on the ground it would lead to “government-run health care for every American.”

<...>

In a major change, the bill allows states to cover certain legal immigrants — namely, children under 21 and pregnant women — as well as citizens.

Until now, legal immigrants have generally been barred from Medicaid and the State Children’s Health Insurance Program for five years after they enter the United States. States will now be able to cover those immigrants without the five-year delay.

- more -

http://www.nytimes.com/2009/02/05/us/politics/05health.html


Low-income state workers begin to gain access to Children’s Health Insurance Program

By Sarah Barr

At least six states have opened their Children’s Health Insurance Program to the kids of low-income state employees, an option that was prohibited until the passage of the 2010 health-care law.

This relatively small step has as its backdrop years of debate over the program, known as CHIP, including concerns that it encourages states — and consumers — to replace private insurance with taxpayer-subsidized coverage.

Now, as a result of the policy change, families of lower-income state workers who have struggled to pay for family coverage can qualify for the program. CHIP, which is jointly financed by the states and the federal government, provides coverage to the uninsured children of families who earn too much to qualify for Medicaid but cannot afford private insurance.

The federal government had closed that option to most states when CHIP was established in 1997, because of concerns that it might be an easy way for financially strapped states to shift the costs of some public-employee health benefits to the federal government. Federal employees were allowed to enroll their children.

- more -

http://www.washingtonpost.com/national/health-science/2011/11/04/gIQAeDvotM_story.htm


More 2014:

Michelle Obama Expands Program That Gives All Students Free Meals
http://www.democraticunderground.com/10024563502

Why isn't there more focus on shareholders' say on executive pay?
http://www.democraticunderground.com/10024877216

Populist_Prole

(5,364 posts)
36. This is what happens if we let "jobs" be defined in the abstract
Sat Jun 7, 2014, 12:37 AM
Jun 2014

COC types and their concubines in the media will ballyhoo "job creation" or "business friendly" in the abstract, as though a job is a job is a job. In this manner, an anti-labor shit pit like Texas will poach once good paying jobs from blue states and replace them with lower paying ones.

woo me with science

(32,139 posts)
39. +1000000 "The chocolate ration has been increased."
Sat Jun 7, 2014, 07:50 AM
Jun 2014

Assaults, and then deliberate misrepresentation about those assaults.

Sunlei

(22,651 posts)
40. Every day Congress delays raising the Federal minimum means more profits for Corps & more
Sat Jun 7, 2014, 08:12 AM
Jun 2014

American workers slip into poverty.

"Half of America in poverty and creeping toward 75%"

American workers are now much worse off than quite a few other 'first world' countries.

Bet some states can't wait until people can't afford their required yearly property taxes and neighborhood association fees. So the state/county/neighborhood association lawyers can legally take their homes away.

Jefferson23

(30,099 posts)
42. Is the U.S. Headed toward Another Recession?
Sat Jun 7, 2014, 08:53 AM
Jun 2014
Economists Dean Baker from CEPR and Robert Pollin from PERI say that the U.S. economy remains weak 5 years after the recession despite recent job growth, due to low wages and weakened unions

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=11951


Excellent info in your thread, thanks.

socialist_n_TN

(11,481 posts)
53. Well see, that the thing about capitalism. These recessions......
Sat Jun 7, 2014, 12:37 PM
Jun 2014

ARE NORMAL PART OF THE SYSTEM. What's happened lately is that the recessions that are a normal part of the system have gotten worse and closer together. The result of this is that the average person doesn't have a chance to recover before the NEXT one hits.

It's always been known that the recovery starts at the top and THEN "trickles down" to the workers and the masses. Since we're in the process of end-stage capitalism the "recoveries", such as they are, doesn't have a chance to "trickle down" before the next one hits.

 

amandabeech

(9,893 posts)
66. I've noticed that the time between recessions has shortened.
Sat Jun 7, 2014, 03:49 PM
Jun 2014

I've wondered whether the speed up might be partially attributable to technology that speeds up nearly every process. We've had three recessions that can be attributed in part to financial bubbles--junk bonds and the S&L crisis that started in the late '80s, the tech bubble bust in the early 2000s, and the derivatives-mortgage-backed-securities crash in 2008-9. Financial transactions run at lightning speeds now with computerized trading, and computers allow the faster spread of bad ideas through out the financial work.

The way the recession waves are timed, it would seem that we should be having another recession around 2015. That won't be good for us Dems. Folks will be more apt to throw the bums out if we Dems can't show progress by November 2016.

davidthegnome

(2,983 posts)
48. It's already here.
Sat Jun 7, 2014, 12:12 PM
Jun 2014

I earn 8 dollars an hour doing a job that, in most places, you'd get paid at least 11-15 for. No benefits, along with a "special set" of rules that apply to certain types of workers (hotel, front desk) such as not qualifying for the half hour unpaid break. My schedule is ridiculous, frequently forcing me to work 8, 9, even 10 days in a row - while management is careful to make sure my hours don't go above forty on any given week.

Even up here in the backwoods of Northern Maine, rent is too high for me (approximately 500 a month, just for rent, lower than some places, but...) and the idea of buying a house is just laughable. You need things for that, like a down payment, or a credit score that creditors don't look at and wince.

No choice for most of us, Woo. This job and all of it's many details and lacks is kind of kicking my ass. But it's better than being unemployed, so I keep telling myself.

woo me with science

(32,139 posts)
67. You're right.
Sat Jun 7, 2014, 06:23 PM
Jun 2014

And you speak for millions.

Thank you for putting this here. You deserve better. This country deserves better.

randys1

(16,286 posts)
52. and YET, ask ANY person you know who isnt one of us, what they think the problem is
Sat Jun 7, 2014, 12:18 PM
Jun 2014

and 8 out of 10 will tell you the problem is the poor are gaming the system and that is where all the waste is

try it, i shit you not

moondust

(19,972 posts)
55. Transitioning to global neofeudalism.
Sat Jun 7, 2014, 01:07 PM
Jun 2014

You can basically give the profits to the people who do the work or to the CEO and shareholders demanding a return on their investment (while they lounge by the pool). Or stash it in offshore accounts to avoid taxes and enable a quick getaway if the guillotines ever start to make a comeback.

Enjoy the cat food!

 

DeSwiss

(27,137 posts)
57. This.
Sat Jun 7, 2014, 01:16 PM
Jun 2014
- And all the whistling past the graveyard ain't gonna change it. It's inevitable. The only thing that can change things for the better is this:




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Skeeter Barnes

(994 posts)
59. No question is more important than that of wages.
Sat Jun 7, 2014, 01:19 PM
Jun 2014
What good is industry if it be so unskillfully managed as not to return a living to everyone concerned? No question is more important than that of wages — most of the people of the country live on wages. The scale of their living — the rate of their wages — determines the prosperity of the country. - Henry Ford

Initech

(100,063 posts)
68. I am normally against censorship in all it's forms...
Sat Jun 7, 2014, 08:52 PM
Jun 2014

But I honestly wouldn't mind if we rounded up every copy of every Ayn Rand book in the country and tossed them in a giant bonfire.

nationalize the fed

(2,169 posts)
69. I thought I was the only one that saw Ayn Rand forcing Bill Clinton
Sun Jun 8, 2014, 01:22 AM
Jun 2014

to sign the repeal of Glass Steagall

She made him sign NAFTA too. It's right there on the video. Most people can't even see her.

And she's in the background threatening Rodham-Clinton in this short clip- see her?

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