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The Water Cooler
General Discussion
Has anyone seen any Minimum Wage Petitions being circulated yet?
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<blockquote data-quote="TedKennedy" data-source="post: 4311881" data-attributes="member: 25419"><p>Pat Buchanan discussed this at length in one of his books over 25 years ago. It's a double-edged sword. Look at the gap between management and hourly workers over the last fifty years. Companies have no problem handing out cash to upper levels, while keeping actual workers at an ever lower rate. (in terms of buying power)</p><p> His term "patriotic economics" is a pretty good description of American companies that pay a living wage and keep manufacturing here.</p><p> Unfortunately most of those can't compete with "manufacturing pimps" that have zero loyalty the the US, and even less to their employees. Couple that with a nation of lardasses that feel entitled to cheap food, cheap sugar water, cheap gizmos from China and we are a lost cause.</p></blockquote><p></p>
[QUOTE="TedKennedy, post: 4311881, member: 25419"] Pat Buchanan discussed this at length in one of his books over 25 years ago. It's a double-edged sword. Look at the gap between management and hourly workers over the last fifty years. Companies have no problem handing out cash to upper levels, while keeping actual workers at an ever lower rate. (in terms of buying power) His term "patriotic economics" is a pretty good description of American companies that pay a living wage and keep manufacturing here. Unfortunately most of those can't compete with "manufacturing pimps" that have zero loyalty the the US, and even less to their employees. Couple that with a nation of lardasses that feel entitled to cheap food, cheap sugar water, cheap gizmos from China and we are a lost cause. [/QUOTE]
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