Giving Northern Europe a veto over Southern Europe’s budgets will not hold a monetary union together. The euro zone will continue to need the weaker countries to stomach decades of high unemployment to grind down wages.
I would like to believe that TPP will lead to more exports and jobs for the American people. But history shows that big trade agreements – from NAFTA to the Korea Free Trade Agreement – have resulted in fewer American jobs, lower wages, and a bigger trade deficit.
Contrary to what those in power would like you to believe so that you’ll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash.
We must defend the rights of working people to bargain collectively for fair wages and safe working conditions.
My own experience in the third world was that even if people started to make more money, the cost of living and housing increased often faster than the wages.
Free market economists frequently see minimum wage legislation as mere political intervention. However, there are decent economic theories which show that, under certain circumstances, minimum wages can be beneficial, as it makes workers more productive.
The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. ‘Free trade’ is used as a disguise to hide the power these agreements give to corporations to use lawsuits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages.
The economy has barely recovered from the so-called ‘Great Recession’, with a 2 percent annual rate of growth since mid-2009. Peak worker wages, business investment, and productivity all occurred around the year 2000.
The thing that means most to me is the joy that my mom and my dad got because of my career… They raised seven children on domestic wages, in a city like San Francisco, and did nothing but work, work, work.
Policies that promote better wages and better jobs would be super-helpful, and I’m a big fan of programs that encourage people to go where jobs are.
Full-time workers earning the current federal minimum wage of $7.25 only earn about $14,500 a year in wages – below the poverty line for a family of two. That’s unacceptable.
I am a crazy fan of movies like ‘The Wild Bunch’ or ‘Wages of Fear,’ where you’re rooting for the bad guys.
Choosing to work where there is a union and getting the related benefits of higher wages and collective bargaining, but not paying a fair share of the costs of representation, would be freeloading, right?
To assert, as some have, that illegal immigrants do not depress wages because they do the jobs Americans refuse is the kind of nonsense economists speak when they strain to be counterintuitive. It is similar to saying that cheap imports do not hold down prices.
Disproportionate corporate power over governments is giving license to the greed that denies workers even minimum living wages. It is also seemingly a license to allow the sheer brutality of treatment of working people at the base of the supply chains.
It’s much easier for people to compare wages or identify bad employers or discuss bad labor practices in the Internet economy than it was in, say, a factory environment, where that stuff wasn’t usually published or available.
As players, we have the best job in the world and if the manager said, ‘You haven’t worked hard enough, you will only get half your wages this week,’ it would make the players fight harder.
Stopping illegal immigration would mean that wages would have to rise to a level where Americans would want the jobs currently taken by illegal aliens.
I was semipro at Tooting & Mitcham. They paid the tax and we got paid cash in hand. I told my mum, ‘I’m getting paid to play football’ and she took half of my wages. So of my very first paycheque, my mum got half of it. I call it ‘mummy tax.’
American workers won’t be able to compete fairly for jobs until companies have to pay higher wages in countries like China and India.
In January 2012, Caterpillar locked out union workers at a locomotive factory in Ontario after they rejected a pay cut of about 50 percent; the company shuttered the plant and moved production to Muncie, Ind., where workers accepted lower wages.
With limited shifts, low wages, and scarce benefits, it feels almost impossible for many Americans to get their slice of the pie.
If you want to get wages up in America for middle income Americans, there’s only one way I know how to do that in real terms… by having more businesses want to hire more people.
My parents had nothing – just basic wages for all their hard work.
There are 20 million unemployed and what does the Constitution offer us in the Europe of 25, 27 and soon to be 30: policies of unrestricted competition to the detriment of production, wages, research and innovation.
Many people do not understand that business investment is a critical prosperity-booster, leading to more jobs, higher wages, and stronger family income. Put another way, rising tax and regulatory burdens that penalize investors and businesses also punish middle-income wage earners.
People with a lot of money aren’t in the business of throwing it away, and those paying footballers’ wages, organising parking spaces for dead sharks, and even, dare I say it, buying iPads, are doing it because, for them, it’s worth the money.
No matter what the figures are in the workplace in terms of wages, you either feel a valued member of your staff, or you don’t.
Globalisation, technological change, and the move to flexible labour markets has channelled more and more income to rentiers – those owning financial, physical, or so-called intellectual property – while real wages stagnate.
I’m from Africa, and I have to give something back to my community. You all know that I’ve been doing a lot of charity stuff without knocking at any door. I’m taking my own wages to do it, and I will keep doing it until the end of my career.
Republicans who controlled the government in the 1920s insisted that national prosperity depended on government protection of the rich, who they believed would plow their capital back into the economy to provide jobs and higher wages for workers.
I remain deeply concerned about falling wages and the lack of good jobs for Americans. Too many of our citizens are either stuck in place or falling behind, and too often their needs are forgotten.
After years of mass immigration, falling wages, and surging joblessness, isn’t it time we focused on the needs of the people living here today? Isn’t it time we got our own people back to work?
I support raising the federal minimum wage. What I’ve said is I don’t want San Diego to be at a competitive disadvantage, particularly for our small businesses and our entrepreneurs to have one set of wages for San Diego and a different set of wages for surrounding cities.
Ministers have received their wages, and some have their minds too much on their wages. They labor for wages, and lose sight of the sacredness and importance of the work.
It is no longer an unwritten law of American capitalism that industry will attempt to maintain wages at a level that allows a single wage to support a family.
What we have to do is support business, but also support our workers with job training programs and with reasonable wages.
The higher the unemployment rate, the more leverage I have to ‘encourage’ you to ‘do what it takes’ to keep your job. And so you work even more hours, pushing unemployment up and wages down. And that, my friends, is one of the little tricks that keeps you poor and me rich.
If we get a tax system that is competitive, we will hire people. When you hire people, you have to compete for labor. When you compete for labor, you drive wages.
It’s a false choice to say we either have job safety or job growth. It’s a false choice to suggest that the only way for a business to survive is to make sure workers have low wages and little or no benefits. There are ample models across this country where we’ve demonstrated the contrary.
Let me be blunt, employers do have to raise wages if they can’t attract enough employees. That’s the free market, that’s how it works.
For a head of state presiding over a ruined economy, an active army with its low wages is god-sent: All he’s got to do is provide it with an objective.
The competitive pressure to produce, buy, and sell to our global multi-national companies is so intense that contractors in supply chains are motivated to pay low wages, intensify exploitative conditions, keep workers fearful with insecure work contracts, or simply sack workers who have formed a union to fight back.
Firms are not always willing to cut wages, even if there are people lined up outside the gates to work. So why don’t they?
A world where wages no longer rise still needs consumers. Middle-class purchasing power has been maintained through loans, loans and more loans. The Calvinistic reflex that you have to work for your money has turned into a license for inequality.
The wages that are being paid in the Premier League are very tempting. It would be hypocrisy to deny that.
Finally, I told them I’d drop out of the management program if they’d give me an entry-level job in the newsroom for union wages, about fifty dollars a week.
