when the democrats shaft the companies, the real losers are the middle class who have invested in those companies either directly or through 401K etc. and the higher price of their products affects everyone down the ladder.
If corporate profits are at an all-time high, the companies haven't been "shafted" by anyone...They got the gold mine WE got the shaft....Unless you are a corporate executive, you are a part of the "WE" oui?
Cooperate executives are also not immune to this. I've been reading about a lot of this going on in
the WSJ. A lot of (YES) men and woman are getting the pink slip for the younger less paid kids who
have been nipping at their heels for years.
Cooperations are wanting the wages and salerys in this country driven back to pre 1990s levels.
And many of them are useing the economy as an excuse to do this, when their books reflect no real
reason to do so. I am no fan of Obama at all, but if you look at this and do the math a good percentage of this is not his fault.
And as I have said here many times fair is fair, and I can find little if no evidence that's tangible that anyone is twisting these cooperations arms to do this. They are not being forced to hire illegals, or
bring in people from Pakistan or India , Africa,Mexico,and any number of Pacific rim areas to work
here. And many of them who really do want to work are finding out they were lied to about a lot of
things they were promised they would get by coming here.
Once here they get stuck in a rut, low pay and long hours keep them from going back home which a
large number of them want to do. It's hard to believe that $12.00 an hour will not get you through but it is just shy of allowing you to do so. With high gas prices, rent, insurance and food alone some of them say they are something short of $100.00 each month of making it work.Causeing them to have
to get money from relatives in the country they came from to get by here.
It's like this number was calculated before hand to do that, some of them are working two jobs the second one usually being a convenance store allowing them only four hours sleep each day. And it
isn't just them, it's happening to everyone now. The shocker is when after they had worked at the
convenance store awhile they get a raise there to $15.00 an hour. Guys a convienance store starts
paying better than the high tech job they have elsewhere where they work at harder.
What is going on with this picture ? One convenance store manager told me they are getting highly trained and educated people now. So his central office said by golly then lets pay them !
What does a convenance store chain know that big bussiness is ignoring or taking advantage of ?
I'm seeing LVNs and IT techs working at a covenance store as a full time job because they pay better and have real benifits! I really can't see how Obama has anything to do with that, he may not know
what to do the demographics are changing so quickly now.
Can anyone shed some light on this ?