Latest topics
Social Networks
Links to Affiliates and Resources
Displaced American Workers United
Outsaurus
Extend Unemployment Benefits
Unemployed Workers.org.
Examiner.com Denver
99ers.net/
How to Create More Jobs By Lowering Wages: Texas and America
Page 1 of 1 • Share •
How to Create More Jobs By Lowering Wages: Texas and America
http://www.huffingtonpost.com/robert-reich/how-to-create-more-jobs-b_b_961789.html?utm_source=DailyBrief&utm_campaign=091411&utm_medium=email&utm_content=BlogEntry&utm_term=Daily%20Brief
More and more Americans are retaining their jobs by settling for lower wages and benefits, or going without cost-of-living increases. Or they've lost a higher-paying job and have taken one that pays less. Or they've joined the great army of contingent workers, self-employed "consultants," temps, and contract workers -- without healthcare benefits, without pensions, without job security, without decent wages.
It's no great feat to create lots of lousy jobs. A few years ago Michele Bachmann remarked that if the minimum wage were repealed "we could potentially virtually wipe out unemployment completely because we would be able to offer jobs at whatever level."
Besides, how can lower incomes possibly be an answer to America's economic problem? Lower incomes mean less overall demand for goods and services -- which translates into even fewer jobs and even lower wages.
In short, the Perry (and Bachmann) model of job growth condemns Americans to lower and lower living standards. That's nothing to crow about.
More and more Americans are retaining their jobs by settling for lower wages and benefits, or going without cost-of-living increases. Or they've lost a higher-paying job and have taken one that pays less. Or they've joined the great army of contingent workers, self-employed "consultants," temps, and contract workers -- without healthcare benefits, without pensions, without job security, without decent wages.
It's no great feat to create lots of lousy jobs. A few years ago Michele Bachmann remarked that if the minimum wage were repealed "we could potentially virtually wipe out unemployment completely because we would be able to offer jobs at whatever level."
Besides, how can lower incomes possibly be an answer to America's economic problem? Lower incomes mean less overall demand for goods and services -- which translates into even fewer jobs and even lower wages.
In short, the Perry (and Bachmann) model of job growth condemns Americans to lower and lower living standards. That's nothing to crow about.
mistermunster- Member
- Posts : 847
Join date : 2011-02-19
Age : 55
Location : ca
Re: How to Create More Jobs By Lowering Wages: Texas and America
Let's not even get into the poverty level situation. Many who work minimum wage jobs are collecting Food Stamps, getting Medicaid and Family Services for their families through their states. Never a mention of that problem either.Phonies, every single one of them.
Guest- Guest
Re: How to Create More Jobs By Lowering Wages: Texas and America
Why don't they just bring back slavery?
zphtar- Member
- Posts : 33
Join date : 2011-05-04
Re: How to Create More Jobs By Lowering Wages: Texas and America
zphtar wrote:Why don't they just bring back slavery?
give them a few more years...they are just about there

mistermunster- Member
- Posts : 847
Join date : 2011-02-19
Age : 55
Location : ca
Re: How to Create More Jobs By Lowering Wages: Texas and America
I don't understand why people think that a job paying $3 an hour would help them. Of course we could eliminate unemployment if we eliminated the minimum wage but what state would our economy be in?
lendmeflight2- Member
- Posts : 1219
Join date : 2011-02-21
Re: How to Create More Jobs By Lowering Wages: Texas and America
It might eliminate unemployment, but not underemployment. Now, if only they can roll back prices on everything to 1965 levels, they might have something.
jmainframe- Member
- Posts : 471
Join date : 2011-02-24
Age : 59
Location : New Jersey

» Make big gains through short term investments.
» Siemens preparing to axe 'thousands' of jobs: report
» Sri Lanka urged to depoliticise tea estate wages
» Sri Lanka raises wages of bloated state sector
» Trump says Sprint will bring 5,000 jobs back to the US; OneWeb will create 3,000 New jobs
» Siemens preparing to axe 'thousands' of jobs: report
» Sri Lanka urged to depoliticise tea estate wages
» Sri Lanka raises wages of bloated state sector
» Trump says Sprint will bring 5,000 jobs back to the US; OneWeb will create 3,000 New jobs
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
» I see this board has been quiet
» Hello Ya'll. *Theirmommie*
» 20 % of Americans Struggle To Buy Food
» The Make Some One Day Challenge
» Clues to why they not hiring you
» New Year Nothing Change
» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
» Forbes: America's #1 Problem is Jobs, Not Debt
» Economy just getting worse
» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
» Hey Guys!!!!
» Up all NIGHT WORRIED!
» things are going to get worst