America's wage crisis

America's wage crisis

There are 131 comments on the Reuters story from Jun 24, 2013, titled America's wage crisis. In it, Reuters reports that:

Representatives of Providian Staffing offer positions to job seekers in Los Angeles, California, May 31, 2012.

Join the discussion below, or Read more at Reuters.

First Prev
of 7
Next Last
Dems R Crypto Commies

West Sayville, NY

#1 Jun 24, 2013
The "Great Society" of LBJ sucks and so do all Democrats since Woodrow Wilson and FDR.
Wall Street Government

Sebastian, FL

#3 Jun 25, 2013
If the minimum wage had just kept pace with inflation since 1969, it would be around $10.70 today. If it had kept up with productivity growth, it would be $18.72. Meanwhile, if it matched the wage growth of the wealthiest 1 percent, it would be $28.34.

While the value of the minimum wage has fallen — thanks largely to congressional inaction for long stretches of time — the wealthiest 1 percent are doing quite well, thank you. Their real earnings have skyrocketed 275 percent over the past 30 years.

While the value of the minimum wage was falling, so was the quality of low-wage workers’ jobs. Wages grew and hours increased across the board between 1979 and 2007 — but hours increased the most and wages the least for the lowest income workers. The share of workers in “good jobs”– paying more than $37,000 a year and providing healthcare and retirement benefits — fell even though the average age and education level of workers rose.

Thanks Ronnie, Daddy Bush and Jr.

My wage has dropped since 1980.

Healthcare and retirement?

In 1980, I had company retirement benefits and Health insurance. FREE.

NOW?

Non- existent.
Wall Street Government

Sebastian, FL

#4 Jun 25, 2013
U.S. income inequality is greater today than in any other developed nation on earth and exceeds that of many developing countries. Worse, the Congressional Budget Office projects U.S. income inequality will continue to grow through at least 2034.

The bottom line is that working families are paying the price for America’s neglect of basic wage standards. The decline in the minimum wage accounts for more than half of the inequality that has emerged between the lowest-paid workers and those in the middle over the past 30 years, according to the Economic Policy Institute.

Again thanks Ronnie, Daddy Bush and Jr.
Wall Street Government

Sebastian, FL

#5 Jun 25, 2013
"Literally, if we took away the minimum wage—if conceivably it was gone—we could potentially virtually wipe out unemployment completely because we would be able to offer jobs at whatever level."

Bachmann's position is not out of the mainstream of Republican politicians, as we saw in 2010 when several GOP Senate candidates called for the minimum wage to be lowered or eliminated. And it's not just the politicians. There's a cottage industry of rightwing think tanks issuing reports saying that increases in the minimum wage, or the minimum wage itself, are harmful to the economy.

And of course teabaggers.

Since: Nov 08

Paris

#6 Jun 25, 2013
Wall Street Government wrote:
If the minimum wage had just kept pace with inflation since 1969, it would be around $10.70 today. If it had kept up with productivity growth, it would be $18.72. Meanwhile, if it matched the wage growth of the wealthiest 1 percent, it would be $28.34.
While the value of the minimum wage has fallen — thanks largely to congressional inaction for long stretches of time — the wealthiest 1 percent are doing quite well, thank you. Their real earnings have skyrocketed 275 percent over the past 30 years.
While the value of the minimum wage was falling, so was the quality of low-wage workers’ jobs. Wages grew and hours increased across the board between 1979 and 2007 — but hours increased the most and wages the least for the lowest income workers. The share of workers in “good jobs”– paying more than $37,000 a year and providing healthcare and retirement benefits — fell even though the average age and education level of workers rose.
Thanks Ronnie, Daddy Bush and Jr.
My wage has dropped since 1980.
Healthcare and retirement?
In 1980, I had company retirement benefits and Health insurance. FREE.
NOW?
Non- existent.
Your wage may have dropped, but your IQ certainly has.

Since: Nov 08

Paris

#7 Jun 25, 2013
Wall Street Government wrote:
U.S. income inequality is greater today than in any other developed nation on earth and exceeds that of many developing countries. Worse, the Congressional Budget Office projects U.S. income inequality will continue to grow through at least 2034.
The bottom line is that working families are paying the price for America’s neglect of basic wage standards. The decline in the minimum wage accounts for more than half of the inequality that has emerged between the lowest-paid workers and those in the middle over the past 30 years, according to the Economic Policy Institute.
Again thanks Ronnie, Daddy Bush and Jr.
Beauty Executive Signs On as Michelle O Adviser... but the children still can't visit the White House.

Since: May 08

Deltona Fla

#8 Jun 25, 2013
Wall Street Government wrote:
"Literally, if we took away the minimum wage—if conceivably it was gone—we could potentially virtually wipe out unemployment completely because we would be able to offer jobs at whatever level."
Bachmann's position is not out of the mainstream of Republican politicians, as we saw in 2010 when several GOP Senate candidates called for the minimum wage to be lowered or eliminated. And it's not just the politicians. There's a cottage industry of rightwing think tanks issuing reports saying that increases in the minimum wage, or the minimum wage itself, are harmful to the economy.
And of course teabaggers.
"Literally, if we took away the minimum wage—if conceivably it was gone - we would not create one more job. Those in the lowest pay range would simply find themselves making less. It has been the trend for numerus decades now. More work for less money while corporate profits continue setting new records. It is a piss poor businessman who can only increase his profits by taking it out of the pockets of his employees.
Wall Street Government

Sebastian, FL

#9 Jun 25, 2013
Le Jimbo wrote:
<quoted text>Your wage may have dropped, but your IQ certainly has.
Proof teabaggers want to eliminate the working American middle class.

Reaganomics. A bigger failure than the man it was named after.

STINGS.

Poor teabagger.
Wall Street Government

Sebastian, FL

#10 Jun 25, 2013
Le Jimbo wrote:
<quoted text>Beauty Executive Signs On as Michelle O Adviser... but the children still can't visit the White House.
Teabagger deflection and diversion.

NOTED.

Poor teabagger.
Wall Street Government

Sebastian, FL

#11 Jun 25, 2013
swampmudd wrote:
<quoted text>"Literally, if we took away the minimum wage—if conceivably it was gone - we would not create one more job. Those in the lowest pay range would simply find themselves making less. It has been the trend for numerus decades now. More work for less money while corporate profits continue setting new records. It is a piss poor businessman who can only increase his profits by taking it out of the pockets of his employees.
Agreed.

Even in China they are sick of teabaggers.

June 25, 2013

Dozens of Chinese workers angry over a pay dispute have held their U.S. boss hostage for five days, the American businessman said.

Chip Starnes, co-founder and president of Specialty Medical Supplies China, has been trapped in the company's suburban Beijing factory since Friday. He told CNN it's all because of a misunderstanding about layoffs and severance packages.

"I tried to leave a day and a half ago, and there was like 60 or 70 of them here inside every entrance, and every exit was barricaded," Starnes said Tuesday from behind the gates of the factory. "I can't go anywhere."

About four police officers at the scene would not comment on the situation.

The labor action reflects growing uneasiness among workers about their jobs amid China’s slowing economic growth.

Some of the workers in the other divisions got wind of this, and, coupled with rumors that the whole plant was moving to India, started demanding similar severance packages on Friday.

You know he's a teabagger because China is too expensive for him.

So he wants to move somewhere even cheaper.

They won't be happy until America is a 3rd world country.
serfs up

Ormond Beach, FL

#12 Jun 25, 2013
Wall Street Government wrote:
If the minimum wage had just kept pace with inflation since 1969, it would be around $10.70 today. If it had kept up with productivity growth, it would be $18.72. Meanwhile, if it matched the wage growth of the wealthiest 1 percent, it would be $28.34.
While the value of the minimum wage has fallen — thanks largely to congressional inaction for long stretches of time — the wealthiest 1 percent are doing quite well, thank you. Their real earnings have skyrocketed 275 percent over the past 30 years.
While the value of the minimum wage was falling, so was the quality of low-wage workers’ jobs. Wages grew and hours increased across the board between 1979 and 2007 — but hours increased the most and wages the least for the lowest income workers. The share of workers in “good jobs”– paying more than $37,000 a year and providing healthcare and retirement benefits — fell even though the average age and education level of workers rose.
Thanks Ronnie, Daddy Bush and Jr.
My wage has dropped since 1980.
Healthcare and retirement?
In 1980, I had company retirement benefits and Health insurance. FREE.
NOW?
Non- existent.
There were warnings back then with medical benefits. All of those what you wrote were at post peak America. Peak America occurred in the early 70's. The medical benefit euphoria era was not long but the costs to medical was cheap in that same era. I remember having those same benefits but the medical costs were rising 15% a year as the last generation seniors were retiring as a group. It has not stopped. A lot of corruption is in there. A lot of ineptitude is in there. A lot of costs that are not really as pure as what we are led to believe are in there. Those benefits were considered cheaper then salary. Not anymore. And anyone who would pay the insane healthcare coverage now are just pure suckers. Let them take your meager money left and then let the taxpayer pay for your issues. Lower your real wealth people. Get it between the poverty, working poor and lower middle class levels and let others pay. I am not there yet. But I do not care anymore. And I represent the people who will bring down an empire at some point. Peaceful men with some intellect and relative health even with age that will have a use after the empire takes care of the useless. And that is the real issue. A culling of the population that has never happened in America. Sounds terrible doesn't it? Its reality when a culture can not keep paying for more and more compassion demanded by insane people who think there is never enough of it.
Wall Street Government

Sebastian, FL

#13 Jun 25, 2013
serfs up wrote:
<quoted text> There were warnings back then with medical benefits. All of those what you wrote were at post peak America. Peak America occurred in the early 70's. The medical benefit euphoria era was not long but the costs to medical was cheap in that same era. I remember having those same benefits but the medical costs were rising 15% a year as the last generation seniors were retiring as a group. It has not stopped. A lot of corruption is in there. A lot of ineptitude is in there. A lot of costs that are not really as pure as what we are led to believe are in there. Those benefits were considered cheaper then salary. Not anymore. And anyone who would pay the insane healthcare coverage now are just pure suckers. Let them take your meager money left and then let the taxpayer pay for your issues. Lower your real wealth people. Get it between the poverty, working poor and lower middle class levels and let others pay. I am not there yet. But I do not care anymore. And I represent the people who will bring down an empire at some point. Peaceful men with some intellect and relative health even with age that will have a use after the empire takes care of the useless. And that is the real issue. A culling of the population that has never happened in America. Sounds terrible doesn't it? Its reality when a culture can not keep paying for more and more compassion demanded by insane people who think there is never enough of it.
Health care in Mexico is described as very good to excellent while being highly affordable, with every medium to large city in Mexico having at least one first-rate hospital. In fact, some California insurers sell health insurance policies that require members to go to Mexico for health care where costs are 40% lower.

Some of Mexico's top-rate hospitals are internationally accredited. Residents of USA, particularly those living near the Mexican border, now routinely cross the border into Mexico for medical care. Popular specialties include dentistry and plastic surgery. Mexican dentists often charge 20 to 25 percent of US prices, while other procedures typically cost a third what they would cost in the US.

The www.internationalliving.com site states that on average, an office visit with a doctor—specialists included—will cost about US$25, an overnight stay in a private hospital room costs about $35, and a visit to a dentist for teeth cleaning costs about $20. Some 40,000 to 80,000 American seniors spend their retirement years in Mexico with a considerable number receiving nursing home and health care.

A damned shame.

American shame.
serfs up

Ormond Beach, FL

#14 Jun 25, 2013
Wall Street Government wrote:
<quoted text>
Health care in Mexico is described as very good to excellent while being highly affordable, with every medium to large city in Mexico having at least one first-rate hospital. In fact, some California insurers sell health insurance policies that require members to go to Mexico for health care where costs are 40% lower.
Some of Mexico's top-rate hospitals are internationally accredited. Residents of USA, particularly those living near the Mexican border, now routinely cross the border into Mexico for medical care. Popular specialties include dentistry and plastic surgery. Mexican dentists often charge 20 to 25 percent of US prices, while other procedures typically cost a third what they would cost in the US.
The www.internationalliving.com site states that on average, an office visit with a doctor—specialists included—will cost about US$25, an overnight stay in a private hospital room costs about $35, and a visit to a dentist for teeth cleaning costs about $20. Some 40,000 to 80,000 American seniors spend their retirement years in Mexico with a considerable number receiving nursing home and health care.
A damned shame.
American shame.
There are ways to save money. But we have to look beyond politics. What is good for all of us. However, politics has become involved. The new healthcare law will become a pariah. We can have medical guaranteed up to a certain point real cheap. That will cover 90% of everything if we don't give upper crust hospital rooms for the upper end of that. That leaves long term hospital care and the elderly that are in their final months or need intrinsic care to survive life type of situation. Needs to be dealt with in a humanistic manner. Much saving can be done before making tough decisions.
Eleanor

Vernon Hills, IL

#16 Jun 25, 2013
"The Harkin-Miller bill doesn’t make up all the ground the minimum wage has lost. But it makes up a good deal of it. It would benefit 30 million workers, pump $32 billion into the economy and add 140,000 new jobs — all without increasing the national deficit."

Though this neglects the fact that small businesses would have to raise its prices and become less competitive with BIG business that could better absorb the increased payroll caused by increasing wages.

While it wouldn't increase the national deficit, it would INCREASE COSTS to consumers who would be paying more for products and services to cover the increase in wages.
Wall Street Government

Sebastian, FL

#17 Jun 25, 2013
serfs up wrote:
<quoted text> There are ways to save money. But we have to look beyond politics. What is good for all of us. However, politics has become involved. The new healthcare law will become a pariah. We can have medical guaranteed up to a certain point real cheap. That will cover 90% of everything if we don't give upper crust hospital rooms for the upper end of that. That leaves long term hospital care and the elderly that are in their final months or need intrinsic care to survive life type of situation. Needs to be dealt with in a humanistic manner. Much saving can be done before making tough decisions.
We can have medical guaranteed up to a certain point real cheap. That will cover 90% of everything if we don't give upper crust hospital rooms for the upper end of that.

Another problem:

In Denver, Colorado, for instance, treatment for heart failure ranges from $21,000 to $46,000, according to the data on services used in the 100 common hospital stays covered by the Medicare program for the elderly and disabled. In Jackson, Mississippi, fees for the same treatment range from $9,000 to $51,000. The data can be accessed at: http://go.cms.gov/16WaMfH

"When consumers easily compare the prices of goods and services,(providers) have strong incentives to keep those prices low," said U.S. Health and Human Services Secretary Kathleen Sebelius.

"But even basic information about health premiums and hospital charges has long been hidden from consumers," she told reporters in a conference call. "These rates can vary dramatically in ways that can't be easily explained."

Wall Street Government

Sebastian, FL

#18 Jun 25, 2013
One of the main criticisms of consumer-driven health care is that, today, consumers have no way of figuring out how much a particular health care service costs. Indeed, one of the reasons that health care is so expensive in America is because people have no idea what they’re paying for it. Hence, it’s important for reformers to encourage hospitals and doctors to become more transparent about the prices they charge for these services. But an Arizona bill to do just that was killed—by the state’s Republican legislature.

Yesterday, Chad Terhune of the Los Angeles Times told the story of Jo Ann Synder, a woman who was charged $6,707 for a CT scan, after she had undergone colon surgery. Her insurance plan, Blue Shield of California, billed her for $2,336, and paid for the rest. But Snyder was shocked to discover that, if she had paid for the scan herself, out-of-pocket, she would have only had to pay $1,054.

“I couldn’t believe it,” she told the Times.“I was really upset that I got charged so much and Blue Shield allowed that. You expect them to work harder for you and negotiate a better deal.”

Los Alamitos Medical Center, Terhune found, charges $4,423 for an abdominal CT scan. Blue Shield’s negotiated rate is about $2,400. But Los Alamitos told Terhune that its cash price for the scan would be $250.

$250 vs.$6700?

Somethings very wrong.

Since: Oct 08

Alpharetta, GA

#19 Jun 25, 2013
you libs that think the minimum wage is too low, should open up your own biz and pay the people a living wage, pay them way more than the minimum wage, and put some skin in the game. Meanwhile, most small biz is struggling to keep their doors open, and between the min wage increases yall want, and obamacare, most of those small biz will not survive.
Justin

United States

#20 Jun 25, 2013
The problem is the loss of manufactoring jobs. Adults, who have responsibilities like paying rent and feeding kids, are having to compete with teenage kids and illegal immigrants for minimum wage jobs.
If you're flipping hamburgers or mopping floors, then why should the employer pay you $15, when they can pay a teenager $7 to do the same job?
I mean, you basically have no career, you're stuck at the same level you were when you were 16.
Justin

United States

#21 Jun 25, 2013
I wouldn't call you a loser, that would be mean and perhaps not fair. I'm just pointing out that your peers are teenagers and illegal immigrants who never graduated from high school. Rather than staying in your comfy little rut, there are plenty of other things you could be doing that pay more than minimum wage.

Since: Dec 07

Humble, TX

#22 Jun 25, 2013
Wall Street Government wrote:
<quoted text>
Health care in Mexico is described as very good to excellent while being highly affordable, with every medium to large city in Mexico having at least one first-rate hospital. In fact, some California insurers sell health insurance policies that require members to go to Mexico for health care where costs are 40% lower.
Some of Mexico's top-rate hospitals are internationally accredited. Residents of USA, particularly those living near the Mexican border, now routinely cross the border into Mexico for medical care. Popular specialties include dentistry and plastic surgery. Mexican dentists often charge 20 to 25 percent of US prices, while other procedures typically cost a third what they would cost in the US.
The www.internationalliving.com site states that on average, an office visit with a doctor—specialists included—will cost about US$25, an overnight stay in a private hospital room costs about $35, and a visit to a dentist for teeth cleaning costs about $20. Some 40,000 to 80,000 American seniors spend their retirement years in Mexico with a considerable number receiving nursing home and health care.
A damned shame.
American shame.
Our doctors actaully go to medical school, and are not barbers along with being dentists!!! LMAO

Poor rleabagger...making comparisons when there isn't any again.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 7
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Employment / Labor Law Discussions

Title Updated Last By Comments
News African-Americans should start voting for Repub... 16 min Hillbilly 285
News Kroger Facing Discrimination Lawsuit (Nov '08) Jun 25 Gold Dust 94
News Bay Minette restaurant Street's fined $42,000 f... Jun 12 want to know 2
News Minnesota Workers' Compensation: A No-Fault System Jun 6 martinhartman555 2
News Clarence Thomas is 'obsessed with porn,' former... (Oct '10) May 31 Anita Hill Truther 23
News More gay people can now get legally married. Th... (Oct '14) May '16 Three Psyche 54
News Real estate developer settles lead and asbestos... May '16 Olivet group is evil 1
More from around the web