Is it possible that part of the reason wages in government jobs went up following the best of...
...economic times, and private pay remained fairly stagnant is because those good economic times created added revenue for the government which was passed to to regular employees in the form of wages, and that conversely speaking, during those same economic prosperous times, companies paid THEIR increased revenues to their TOP ranks and shareholders and did not pass them on to the employees?
Just a curious capitalist who wonders if we may be looking at this a bit wrong. If we are to get mad at the govt for being paid more than the avg guy, why AREN'T we talking about the $40M/yr CEOs too?
Sort of looks like two questions.
One: The government doesn't have to make a profit. The government is an organized super-Mafia that takes what it wants. Since they don't have to EARN their money, they pay themselves what they want.
Two: The $40M/yr CEOs are mostly those in the mega-corporations. Many of them are essentially part of the government. They sort of control each other. There is a revolving door of executives -- Cheney, Paulson, etc., back and forth. Mussolini of 1930s fascist Italy called it "corporatism". Capitalism is not necessarily "free enterprise". Because of government, those mega-corporations exist and are allowed their excesses. The politicians make noises and slap wrists occasionally, but they really wouldn't have it any other way.
by Arthur Fontes 8 years ago
Thousands rally at Illinois Capitol — for a tax raiseThousands of teachers and other union workers descended on the state Capitol on Wednesday and chanted "raise my taxes" to try to pressure politicians to avoid major budget cuts.http://articles.chicagotribune.com/2010 …...
by ahorseback 5 months ago
$15.00 per hour min wage and benefits , "....... goal to eliminate working poverty and --involuntary unemployment altogether ", .....whatever that means . But doesn't know where the finances to pay for it will come from yet his "......people are working on that....... "?
by Grace Marguerite Williams 3 years ago
Do you feel that there should be privatization of government jobs in America whether it is at thelocal, state, and federal level? Many government jobs are repetitive, nonessential, and a waste of taxpayer's monies. It would be better for the American economy if at least 50% of civil service...
by leeberttea 8 years ago
Amount of new census jobs in May: 411,000Total census workers 564,000Cost to count American citizens 14.5 billionCost to count American citizens in 2000 4.5 billionTotal workers in private sector for comparison:• Oil and gas extraction (about 165,000 workers)• Electronic and appliance stores...
by Susan Reid 8 years ago
Amusing or horrifying -- or both?http://www.youtube.com/watch?v=fdFrpXMQ … embedded#!
by Robert Erich 5 years ago
With the continual outsourcing of jobs to other countries, the struggling national economy, and the unrealistic ability for everyone to earn a college degree, should minimum wage be eliminated?Just something that I have been thinking about and I would love to get your opinions on.
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