RE: 10 Ceos, have to cut 47,850 jobs!!

RE: 10 Ceos, have to cut 47,850 jobs!! (Full Version)

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Lucylastic -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 8:54:22 AM)
quote: ORIGINAL: Sanity Of course not dear, youre never interested in a civil debate Like most leftists here youre only interested in ad hominems and derails you are so boring and repetitive I wish I could join in your joyful ignorance but Im not playing with you tho today tom, you are beyond redemption.

mnottertail -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 9:00:38 AM)
quote: ORIGINAL: Sanity Thats how we got to where we are at Perhaps we should ease up on some of the "regulation" Invite more greed in quote: ORIGINAL: mnottertail No need to cure it, hasn't been classified as a disease; regulate it. No, unciteable, unrealistic and totally disprovable asswipe. We just gave in to some of the greed and it got us in more fucking trouble, they ran with it and are going to suck us dry as long as they can . And it did the last time the neo-cons sold us that sack of shit, and the time before and before. Do you by example think that anyone here should say to anyone else anything they want? If we deregulate it, do you think everyone will all of a sudden say, gosh....I am going to do nothing but good, or do you think they will call teabaggers exactly what they are, Tom? Think about the fatal flaws in your rhetoric, because there is no reason or logic base in it.

Moonhead -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 9:04:42 AM)
quote: ORIGINAL: cuckoldmepls If you don't cut jobs and make your company more efficient then you will end up losing market share... No, you'll lose money. That isn't the same thing as market share at all.

samboct -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 9:25:40 AM)
Sanity In case you hadn't noticed-most businesses use less energy/$ than they did even 20 years ago. Energy costs are in the noise for producing chips or software- although data centers are another issue. But although the US links GDP and energy, most other countries don't. The biggest growth in energy use has been residential/office air conditioning- and I don't think that really affects businesses much. In short- most businesses could actually tolerate a higher energy bill- which would reduce the burden on the taxpayer which has been subsidizing these large corporations. Moonhead- "That was historically the case, but the plug has largely been pulled on heavyweight underwriting the nuke industry since the end of the arms race back in the '90s. The majority of the remaining subsidies are the ones that are providing somebody with a sinecure in order to administrate them." Umm- no. Chaim Braun of some Stanford Nuclear Energy think tank told us a year or so ago (in his nice Henry Kissinger like accent) zat nuklear power plants are machines fur printing money. Zere are only two major costs: operating expenses of verkers und fuel, und ze capital costs of construction. Omitted are the costs of insurance. waste disposal and decomissioning which are borne by the ever screwed US taxpayer. Sam

WyldHrt -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 10:19:45 AM)
quote: Our prohibitively high minimum wage, or none. quote: The federal minimum wage for covered nonexempt employees is $7.25 per hour effective July 24, 2009. http://www.dol.gov/dol/topic/wages/minimumwage.htm Yeah, that explains all the McDonalds employees I see at the local yacht club. [8\|][8\|][8\|]

Sanity -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 11:00:56 AM)
A lot of entry level / lower IQ workers arent worth that and so they dont get hired at all There are a lot of very good arguments against the minimum wage laws, but that discussions a hijack isnt it

rulemylife -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 11:53:14 AM)
quote: ORIGINAL: Sanity A lot of entry level / lower IQ workers arent worth that and so they dont get hired at all There are a lot of very good arguments against the minimum wage laws, but that discussions a hijack isnt it Damn straight! We sure don't want to be paying those useless fucks $7.25 an hour. I mean that's $290 a week, and over $1100 a month. What do those greedy bastards do with the almost $14,000 they earn in one year? If we cut more of these useless people out of the workforce we can boost the salaries of those who create jobs. [8\|]

Lucylastic -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 11:57:45 AM)
You mean the CEO's will get 18 million next year ? YAY

rulemylife -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 12:05:56 PM)
quote: ORIGINAL: willbeurdaddy quote: ORIGINAL: Lucylastic the fact it goes over your head is not a big surprise. 17 million a year while cutting jobs is totally fair to you Thats ONE mans wages, not shareholders, not a dept expense account, that is a single person. this is fine with you I wish I could join in your joyful ignorance Im not playing with you tho today tom, you are beyond hope have fun No, it goes over your head. MAKING MAXIMUM PROFITS IS THEIR JOB. PEOPLE GET PAID FOR DOING A GOOD JOB. No. it goes over your head. Productivity has consistently risen while employee wages have remained virtually stagnant. Meanwhile management compensation has gone off the charts. And you think this is a sustainable situation?

willbeurdaddy -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 2:21:25 PM)
quote: ORIGINAL: rulemylife No. it goes over your head. Productivity has consistently risen while employee wages have remained virtually stagnant. Meanwhile management compensation has gone off the charts. And you think this is a sustainable situation? Yes it is sustainable. Why has productivity gone up? Because workers are suddenly so much more educated, dedicated or talented, and deserve more money? No, its gone up because technology has allowed the same or less educated workers do a better job. Guess where the technology came from? Higher paying jobs at other companies.

Edwynn -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 3:20:48 PM)
The wage level is determined by marginal productivity of labor, there being a positive correlation between the two. Marginal productivity of labor increases with improved technology. There are several ways to counteract that economic formula. The two most popular ones lately are to increase the labor force (immigration) and to outsource jobs. Wages remain flat, even with increased marginal product of labor. Mission accomplished. Workers in many fields are more highly trained for similar jobs than in the past due to requirements of technological advance. e.g., where once upon a time knowing how to operate a typewriter and/or ten key machine took care of all of it, one is today expected to know the same functional operations as before, but now with MS Word, PP, Excel, etc. in the same office environment. Improved technology can increase speed or output and can make particular tasks easier, but this means that a greater number of tasks are possible in a given time. Historically, increased technology does not decrease the need for competency of workers overall, rather the opposite, and neither does it decrease workload.

Edwynn -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 4:27:08 PM)
wrong key for edit ooops

kalikshama -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 6:20:48 PM)
[image]http://front.moveon.org/wp-content/uploads/2011/03/Bernie-Sanders-Corporate-Tax-4001.jpg[/image]

WyldHrt -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/17/2011 11:20:30 PM)
quote: Damn straight! We sure don't want to be paying those useless fucks $7.25 an hour. I mean that's $290 a week, and over $1100 a month. What do those greedy bastards do with the almost $14,000 they earn in one year? If we cut more of these useless people out of the workforce we can boost the salaries of those who create jobs. [8\|] I very rarely agree with you, RML, but you nailed this one for sure. quote: A lot of entry level / lower IQ workers arent worth that and so they dont get hired at all Spoken like someone who has never attempted to make ends meet working for minimum wage.

Edwynn -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/18/2011 12:39:05 AM)
You have to keep in mind, if we're going by IQ for pay, at minimum wage the person who posted that would be getting about $7.00/hr. over and above what would be appropriate if hired.

Moonhead -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/18/2011 4:45:08 AM)
quote: ORIGINAL: willbeurdaddy Guess where the technology came from? Higher paying jobs at other companies. You're taking the piss, aren't you? Outside of Germany, practically no CEOs have engineering or technical qualifications rather than management/finance ones. I'd hope the people who design industrial machinery get paid more than minimum wage, but they're not on the board of most American companies.

Moonhead -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/18/2011 4:46:49 AM)
quote: ORIGINAL: samboct Moonhead- "That was historically the case, but the plug has largely been pulled on heavyweight underwriting the nuke industry since the end of the arms race back in the '90s. The majority of the remaining subsidies are the ones that are providing somebody with a sinecure in order to administrate them." Umm- no. Chaim Braun of some Stanford Nuclear Energy think tank told us a year or so ago (in his nice Henry Kissinger like accent) zat nuklear power plants are machines fur printing money. Zere are only two major costs: operating expenses of verkers und fuel, und ze capital costs of construction. Omitted are the costs of insurance. waste disposal and decomissioning which are borne by the ever screwed US taxpayer. Sam Fair enough, Sam. I was thinking more of the fact that your government's no longer springing for construction and fuel costs as well as the other, to be honest.

graceadieu -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/20/2011 10:07:46 PM)
Skipping most of the replies..... This sort of thing really is disgraceful. I work for a really major chain retailer that I haven't seen mentioned. Our sales have been growing the past two years, but our payroll budget hours have been slashed (our store's doing something like +15% in sales over last year with something like -20% in payroll hours), hiring has basically been frozen, performance-based raises have been eliminated for any position below store manager, and cost-of-living and promotion raises have been cut. We can't even get all the store tasks done, let alone train and develop people, because we just don't have the hours. The CEO and board of directors are raking in the profit, and it's no secret where their million-dollar bonuses and raises are coming from.... but there's only so far companies are going to be able to follow this trend before they really hurt their ability to do business.

willbeurdaddy -> RE: 10 Ceos, have to cut 47,850 jobs!! (5/20/2011 10:13:40 PM)
quote: ORIGINAL: graceadieu Skipping most of the replies..... This sort of thing really is disgraceful. I work for a really major chain retailer that I haven't seen mentioned. Our sales have been growing the past two years, but our payroll budget hours have been slashed (our store's doing something like +15% in sales over last year with something like -20% in payroll hours), hiring has basically been frozen, performance-based raises have been eliminated for any position below store manager, and cost-of-living and promotion raises have been cut. We can't even get all the store tasks done, let alone train and develop people, because we just don't have the hours. The CEO and board of directors are raking in the profit, and it's no secret where their million-dollar bonuses and raises are coming from.... but there's only so far companies are going to be able to follow this trend before they really hurt their ability to do business. Are you unionized? What is your company's shareholders' ROI? What are the margins? How much would your wages go up if the CEO took no compensation at all? What other benefits do you have and what has happened to their costs? (And dont make me laugh mentioning the Board, thats just silly given what Directors earn wages wouldnt go up by even a penny an hour if they worked for free.).

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