Quote:
Originally Posted by Dirtbag359
We're past the days were companies would pay 5 cents a day to overworked employees. The government has regulations in place to protect workers. People frequently complain about companies outsourcing but the truth is the unions in respective industries made the cost of hiring people in America to much to be competitive. As a result the companies that could, choose to outsource (obvisouly airlines can't outsource) and now those jobs are never coming back.
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not all unions are the same. Minimum wage hasn't changed much in the last 10-15 years... or since I've been in the workforce. A strong middle class is the backbone of a strong economy. Every day companies underpay for labor. We have a huge problem with wages paid out for labor not being re circulated within our country. Legal and illegal immigrants who are only here to make a wage are sending their pay overseas where the money they earn is very strong in a weak economy. There has been a lot of talk about doing something, but I can't even go to certain gas stations in my town without "day laborers" jumping in the back of my goddamn pickup truck. They live 30 deep in motel rooms and cheap housing, not worrying about buying cars here or otherwise stimulating our economy, and they don't worry about the quality of life they have here because their families are doing well in their homeland. I cannot blame these people, but if they arent moving their families here and staying here, they shouldn't be allowed to come here to work. These people are glad to take the labor jobs that don't require formal education, and employers are glad to get skilled labor dirt cheap and pay NO benefits.
On the other end of the spectrum you have unions who abuse the legal power they have over the companies they supply labor for. Fundamentally unions are both a good idea and neccessary, but unrealistic on their demands. They are bureaucratic entities whose only responsibility is to themselves. Both sides are guilty of taking all that they can, and the Govt. is guilty of not reasonably stepping in and mediating fair labor laws that support an economy set in a direction of growth. These problems have been a long time coming, and this did not start with the housing market crashing, or even the dotcom crash.... The housing market boom was a farce from the get-go, and the govt allowed that to happen as well. They could have raised the fed and capital gains as housing prices spun out of control and they would have curtailed much of the problem and made money in the process. I can only speculate as to why this didn't happen... but it doesn't matter.
Our economic governmental tweaks need to be re-tweaked. Nothing really overhauled, just a few adjustents and some time.