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Omaha Steve

(99,659 posts)
Sun Jan 4, 2015, 02:57 PM Jan 2015

OUR OPINION: How to ease labor shortages: Raise pay


http://www.grandforksherald.com/opinion/our-opinion/3646821-our-opinion-how-ease-labor-shortages-raise-pay

By Tom Dennis Today at 5:00 a.m.

Years ago, a talk-radio host found a way to silence complaints about a slow housing market, then and forever.

The caller was fretting about how long his home had been on the market. But the host interrupted: "Look," he said."Let's say you put your house on the market for $1. Would it sell?"

Well, sure, the caller responded.

"Then the issue is only partly the slow market," the host declared. "The other part is your refusal to lower your price. Once you do that — once you price to where the market is, rather than where you want it to be — you'll sell your home."

FULL story at link.

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OUR OPINION: How to ease labor shortages: Raise pay (Original Post) Omaha Steve Jan 2015 OP
K&R! Sherman A1 Jan 2015 #1
It's so simple; but they don't get it, do they. Populist_Prole Jan 2015 #2
Not getting it also helps legitimize unethical business practices like closeupready Jan 2015 #5
According to Marxist Economist Richard D Wolff Demeter Jan 2015 #3
There's NOTHING Reagan DIDN'T "f" over, for the sole benefit of the 1%! blkmusclmachine Jan 2015 #4

Populist_Prole

(5,364 posts)
2. It's so simple; but they don't get it, do they.
Sun Jan 4, 2015, 03:11 PM
Jan 2015

Really though, they actually do "get it", it's just they don't want to get it.

30+ years of the same drumbeat from plutocrats in the media and government has inveterately brainwashed people that the working class ( en masse ) doesn't add up to a hill of beans in driving economic activity ( though, curiously, the PTB shit their pants over inflation fears every time the proles make an extra nickle ).

This brainwashing is so complete that these "job creators" really really do believe they have a "right" of sorts to pay what they want and maintain whatever profit margin they want, "supply & demand" laws notwithstanding.

Arrogant jerkweeds, the lot of them.

 

closeupready

(29,503 posts)
5. Not getting it also helps legitimize unethical business practices like
Sun Jan 4, 2015, 04:24 PM
Jan 2015

hiring illegal immigrants, cheating American workers by misusing H1-B visas. The push for the Trans Pacific Partnership treaty plays into this 'not getting it' dynamic.

Yes, the solutions are simple. Just as with social security (eliminate the cap), every solution is considered viable EXCEPT the one where the 1% pays more. Hmmm, wonder why that i$

 

Demeter

(85,373 posts)
3. According to Marxist Economist Richard D Wolff
Sun Jan 4, 2015, 03:11 PM
Jan 2015

The US had a perpetual labor shortage....until the Baby Boom entered the market.

At that point, the squeeze was on to force Americans to accept declining or stagnant wages for 40 years. And Management thought they were geniuses to do so. So they rewarded themselves with magnificent salaries and bonuses.

And Reagan destroyed the Unions.

 

blkmusclmachine

(16,149 posts)
4. There's NOTHING Reagan DIDN'T "f" over, for the sole benefit of the 1%!
Sun Jan 4, 2015, 04:15 PM
Jan 2015

And it's been a snowball ride downhill ever since then from our "leaders" in Washington DC, (D) & (R) alike!!!

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