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snowmobiler
Well-known member
the billion dollar clunker car sales scam will jump start the economy.LMAO
Obama Asks for Patience on Economy, Unemployment
- Thread starter Sturgis Sledder
- Start date
everything we have is made in china by mexicans
There is another side to this I have a hard time with.
I understand that businesses need to make a profit, and I understand that some of them can only afford to pay minimum wage. What I don't understand is why so many businesses won't pay people a decent wage "in the name of profit" while the CEO's and upper management live like kings. Why can't the wealth be spread around? I understand the government can't force people to do this effectively which is what BO and the Dem's want to do, but business owners have some obligation to be honest and fair with the employees who make the money. Walmart is a good example. Last I looked 3 of the top 10 riches people in America were Walmart owners. Couldn't at least some of that money be use to pay employees a decent wage? I know Socialism will not work, but neither will Capitalism if honestly and fairness are not fundamental principals.
I have a formal education, and worked my @$$ off to get it, but, I also have friends who chose other paths in which they worked their @$$es off. They incurred debt and gave up things in life just like I did. I no longer believe a degree should be the ticket to financial prosperity in America. Hard work and ingenuity should be the formula for financial success. I don't care if the hard work comes from college or some other source. As a business owner I stopped hiring based on education. I found most educated people believe they deserve more based on the fact that they have a degree regardless of what they can or will produce. I find most of them to be lazy and lacking in the common sense. I pay people based on what they can do to make the company profitable. I have found that in every aspect of my business hard work and ingenuity will out produce a degree every time. For some reason it is hard to find a degreed person with hard work ethics and ingenuity. It's like we have raised them to believe all they have to do is get the degree and they deserve to make more money. In my opinion if you can't use the degree to produce more revenue doing he same job as a guy without the degree it's worthless.
Just my .2
I understand that businesses need to make a profit, and I understand that some of them can only afford to pay minimum wage. What I don't understand is why so many businesses won't pay people a decent wage "in the name of profit" while the CEO's and upper management live like kings. Why can't the wealth be spread around? I understand the government can't force people to do this effectively which is what BO and the Dem's want to do, but business owners have some obligation to be honest and fair with the employees who make the money. Walmart is a good example. Last I looked 3 of the top 10 riches people in America were Walmart owners. Couldn't at least some of that money be use to pay employees a decent wage? I know Socialism will not work, but neither will Capitalism if honestly and fairness are not fundamental principals.
I have a formal education, and worked my @$$ off to get it, but, I also have friends who chose other paths in which they worked their @$$es off. They incurred debt and gave up things in life just like I did. I no longer believe a degree should be the ticket to financial prosperity in America. Hard work and ingenuity should be the formula for financial success. I don't care if the hard work comes from college or some other source. As a business owner I stopped hiring based on education. I found most educated people believe they deserve more based on the fact that they have a degree regardless of what they can or will produce. I find most of them to be lazy and lacking in the common sense. I pay people based on what they can do to make the company profitable. I have found that in every aspect of my business hard work and ingenuity will out produce a degree every time. For some reason it is hard to find a degreed person with hard work ethics and ingenuity. It's like we have raised them to believe all they have to do is get the degree and they deserve to make more money. In my opinion if you can't use the degree to produce more revenue doing he same job as a guy without the degree it's worthless.
Just my .2
Correct, you should not be hiring peoples with degrees if one without can do the job. That is called underemployment. It is inefficient because the person with a degree just spent allot of money and time to get his degree. If he is not using it, it was a waist of time. A person without a degree usually can not perform the same job as a degreed person who is using his degree unless he has extensive on the job experience...then you should be paying for that experience anyway.
There are a lot of degrees out there that do not train you for a profession. some liberal arts degrees are famous for this. But they also do not pay as well. I will guarantee if employed correctly, the untrained can not perform the duties of an engineer, doctor, nurse, dentist, chemist etc.
I don't want to sound high and mighty tho. Stupid is Stupid and aptidude and attitude play huge roles. I have seen mighty innovative people without degrees. I also know people who are not interested in their job do not perform well.
Also, do not bash the rich. Everyone of us works for a rich man. If you don't...then you are probably rich. Fact is they are just doing what we all do. When we go down and buy a sled we want the bottom price. What we are actually doing is squeezing the salesman's take home salary. If he does not sell for the price we want, we go to the next dealer. Walmart is doing the same thing. If they can't buy a man for the price it wants, it will go to the next man. It is called a labor market for a reason. I would not expect an employer to graciously take money out of his pocket to put into yours any more than you volunteering to pay more money for a sled when you can get it cheaper.
Fact is, cheap labor over seas is very attractive, If the american worker can not demonstrate his value over that of cheeper labor elsewhere he is in trouble. One way he can do this is to get training that increases his value. If he can not increase his value, then his job is at risk.
We should also understand the true cost of doing business in America. There are alot of regualtions and red tape that makes American companies non-competitive on the global market. If the company can not drive down costs otherways, then labor prices are at risk also.
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Ollie
ACCOUNT CLOSED
Spur
As was just stated.
Underemployment is rampent in this country right now.
This has many factors and greed in only one.
Illigal aliens are also a large part of it.
When a CEO's bonus is dependant on how much money the company makes, they cut corners to make more money. So they hire people at as low a wage as possible. Since illigals will work for half the money an american will (and can) then you will either accept the lower wage, or go without a job.
Then you get to hear all the talk about the jobs americans won't do when in fact they will, just not for the money being offered.
When companies can't get people to do the jobs at the wages they are offering, they either offer more money or don't fill the positions.
The other part of the equation is cost to do buisness in America (as pernikm stated). With all the regulations and restrictions put on companies, it is sometimes cheaper to go to a place where they have to actually pay their employees more, but it costs less because of government regulations and costs. The U.S. has one of the highest costs in the world to do buisness, and bo wants to raise it even more.
The whole cap and trade deal will drive pretty much all manufacturing out of this country because it will be cheaper to build new factories overseas and ship the stuff back here than to pay the cap and trade fines.
Then you have the health care taxes. Every company will be taxed according to the number of employees, further driving up the cost of doing buisness.
People don't understand how much money a company pays for the privilage of hiring you. Currently if you are making 20 dollars an hour, it costs the company approx. 32 dollars an hour to keep you. That cost will go up to an estimated 41 dollars under the government health care system.
As was just stated.
Underemployment is rampent in this country right now.
This has many factors and greed in only one.
Illigal aliens are also a large part of it.
When a CEO's bonus is dependant on how much money the company makes, they cut corners to make more money. So they hire people at as low a wage as possible. Since illigals will work for half the money an american will (and can) then you will either accept the lower wage, or go without a job.
Then you get to hear all the talk about the jobs americans won't do when in fact they will, just not for the money being offered.
When companies can't get people to do the jobs at the wages they are offering, they either offer more money or don't fill the positions.
The other part of the equation is cost to do buisness in America (as pernikm stated). With all the regulations and restrictions put on companies, it is sometimes cheaper to go to a place where they have to actually pay their employees more, but it costs less because of government regulations and costs. The U.S. has one of the highest costs in the world to do buisness, and bo wants to raise it even more.
The whole cap and trade deal will drive pretty much all manufacturing out of this country because it will be cheaper to build new factories overseas and ship the stuff back here than to pay the cap and trade fines.
Then you have the health care taxes. Every company will be taxed according to the number of employees, further driving up the cost of doing buisness.
People don't understand how much money a company pays for the privilage of hiring you. Currently if you are making 20 dollars an hour, it costs the company approx. 32 dollars an hour to keep you. That cost will go up to an estimated 41 dollars under the government health care system.
Walmart and other big box stores do not "play the game fairly" Wal mart goes into a place to buy let's use a widget for this example and then basically tells the purveyor what they will pay, often at the purveyor's cost or just above (I witnessed this first hand, we had a product that we sold wholesale for $6.25 as we had $3.25 into each unit went to bentonville and met with Wallyworld execs and they told us that they would pay $4 each, but would buy a HUGE number), they would then sell them for $8.99. Then they buy a ton of widgets and the purveyor ramps up production, and then at the end of that year Walmart comes in and says "ohh hey we bought a ton of those from you and are going to buy a bunch again this year, but guess what we are only going to pay you $3.75 each". Well guess what the purveyor can't sell them to anyone else at $6.25 because Walmart is already selling them for $8.99 so that is out, the purveyor has all the new employees and production facitlities to keep up and he can't go idle so he caves and does it. this vicious cycle goes on till he goes out of business.
THIS does not include the other dirty little secret, Walmart and the others chop a certain percent off the top, usually 3% of the invoice as a discount, AND they have these little things called charge-backs, if the purveyor does anything not "by the book" he gets a charge-back, Walmart has an entire division that gets bonuses on how many charge-backs they generate. We sent JC Penney an order the box was supposed to have 12 items in it and our shipping guy screwed up and put 13 in the box, box cost was $48 and they only paid for the 12, took 3% off the top AND issued a charge-back for $100. So our company paid JC Penny $100 plus the $48 to take 12 items, that they sold. You either agree to do it that way or you don't sell to them.
Look what they did to Vlasic Pickles
Or other manufacturers
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ccoleman77
ACCOUNT CLOSED
There's also a huge factor that people beleive they are too good for a job. Companies are always going to hire the cheapest labor that can get the job done. If you don't like that get in a feild where a degree is absolutely required. ATC, MD, teacher. If you want to be an accountant though ther is no guarantee. There are tons of book keepers out there that have been doing it alot longer than you and have real world experience. It's a fact of life. My aunt and sister both without degrees have been hired to firms working on accounts and were hired to do so over many individuals with accounting degree backgrounds. I have a good friend working as a receptionist after twenty years as a pharmacist because she could make more money than in the pharmacy. So go where the jobs are. If you make yourself presentable and are an asset to the company you will still have a job. If you're lazy or just mediocre you'll be one of the first to get cut.
