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egbertowillies

(4,058 posts)
Fri Aug 30, 2013, 02:45 PM Aug 2013

This Is Why Corporate America Supports High Unemployment

Fast food workers walked out in protest on Thursday demanding $15.00 an hour. They simply cannot afford to subsist on the current wage structure. The American worker in general simply cannot live on the wages many companies as big as Wal-Mart and as small as a Subway franchisee are willing to pay, many with no healthcare insurance. Many of these companies say they cannot afford to or it will negatively affect their profits.

It is however much more sinister than that. Every company that has a cost structure that includes paying below subsistent wages is a company with more than a failed responsible business model. It is a company that is a drag on the economy and it is a company getting a transfer of wealth from the taxpayer to the owners and shareholders of these companies.

When companies like Wal-mart pay below subsistent wages and do not provide health insurance, the taxpayer is left holding bag. The taxpayer pays for the welfare check the poorly paid worker qualifies for. The taxpayer pays for the Medicaid that worker qualifies for as the company gets a marginal increase in profits from their choice to marginalize the American worker.

A reporter on ABC said that workers striking for higher pay will be unsuccessful. She said that given the level of unemployment, employers have a large pool of people just waiting for a job. Unfortunately she is right. Unless the government ‘we the people’ set a minimum standard, a minimum wage that is a balance between a worker being able to live on an honest day’s work and a business the ability to make an honest profit, there will be no change. Unless the false narrative stating that only the private sector and not government are able to create jobs, there will be no change.

There is a lot that government can do now given that the private sector is unwilling to hire. There are canals to be built, high speed rails to be built, infrastructure improvement to be done, education improvements requiring teachers and professionals and much other needs clamoring for workers. The government’s impotence led by an intransigent Right Wing that sees full employment as a risk to a selfish business class is the sole reason these job creating programs are not coming to fruition.

Unemployment is serving the corporate structure well. Their profits are soaring. They can keep necessary jobs in the United States at low wages. They can export enough jobs to keep the unemployment high enough to depress wages. And they can use their ill-gotten profits to stop politicians from raising the minimum wage or from enacting programs that would dramatically lower unemployment. This can all change. But to do so will require educating Americans through alternative media networks void of the plutocratic message. It will require citizens that when made aware of the truth are willing to throw everyone opposing working middle class policies out of Congress and completely out of the body politic.

13 replies = new reply since forum marked as read
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This Is Why Corporate America Supports High Unemployment (Original Post) egbertowillies Aug 2013 OP
As I have said before: IMHO gopiscrap Aug 2013 #1
That's exactly what it's for Hydra Aug 2013 #3
Totally agree with you! gopiscrap Aug 2013 #4
K&R hamsterjill Aug 2013 #2
If they made minimum wage $50/hr tomorrow obxhead Aug 2013 #5
This is why the stock market rocks Mr.Bill Aug 2013 #6
Well said! n/t. airplaneman Aug 2013 #7
Socialized Costs of doing business MythosMaster Aug 2013 #8
Glaringly obvious! Clearly stated, thanks, egbertowillies! K & R! freshwest Aug 2013 #9
Okay. So we're pretty much agreed roninjedi Aug 2013 #10
it is hard and tiresome Cosmocat Aug 2013 #12
Kick for this ... Scuba Aug 2013 #11
Failed business model is spot on. If you can't afford to pay living wage, Doctor_J Aug 2013 #13

gopiscrap

(23,756 posts)
1. As I have said before: IMHO
Fri Aug 30, 2013, 02:48 PM
Aug 2013

all private business is evil..it's just designed to part you with your money and make the owner a rich pig!

Hydra

(14,459 posts)
3. That's exactly what it's for
Fri Aug 30, 2013, 03:31 PM
Aug 2013

And the fact that people dress that up as somehow beneficial for the rest of humanity is ludicrous. The private sector wastes astonishing amounts in order to get the biggest benefit to the smallest number of people.

 

obxhead

(8,434 posts)
5. If they made minimum wage $50/hr tomorrow
Fri Aug 30, 2013, 04:53 PM
Aug 2013

Every one of these companies crying would see explosive profit.

Sure at that extreme number prices would go up, but not exceptionally so. What would really change is people would have money and they would spend it.

Trickle down is bullshit. The truth is money floods upwards and until our government forces companies to send it back down, they never will.

Mr.Bill

(24,282 posts)
6. This is why the stock market rocks
Fri Aug 30, 2013, 05:35 PM
Aug 2013

when unemployment is high. The availability of a cheap work force is good for corporate America, at least in the short term. The other thing they like is an uneducated workforce. That is why the Republicans attack the education system every chance they get. They are literally trying to turn us into a third-world labor force.

roninjedi

(22 posts)
10. Okay. So we're pretty much agreed
Fri Aug 30, 2013, 11:12 PM
Aug 2013

the Corporatocracy would love nothing better than an enormous workforce of underpaid drones desperate for any job paying a pittance. They also benefit from keeping that workforce uninformed, of limited intellect, and too exhausted or afraid to band together (see: "socialism" used like a cuss-word).

Question is, what do we do about it? How do we get the message across to the huge masses of American workers and the mid-sized and small capitalists without sounding like paranoid, "hippies" who just want free stuff without having to work for it? This stuff has to get out to the masses and sound convincing enough to drive public debate in a way that's not easily dismissed with flag-waving soundbites.

Any ideas?

Cosmocat

(14,563 posts)
12. it is hard and tiresome
Sat Aug 31, 2013, 09:53 AM
Aug 2013

but I TRY to talk about it as much as possible.

I have A LOT of "conservative" friends and acquaintances as well as somewhat apolitical types of people who really believe the messaging from the republican party.

It is hard, it takes time and it takes a LOT of patience as well as being deft with managing these folks.

But, you just have to keep making the points in a reasonable manner whenever possible.

Be as politically active as you can, and try to find and support people who are willing to run for office who have the balls to speak to these things directly and not fold into the cookie cutter political speak and mindset.

I don't hold out hope. I am pushing 50 and my political awakening was in the 90s.

I have very direct memory of having to listen to Limbaugh on the radio at the gym in the early 90s and wondering what in the fuck is this lunatic babbling about? I didn't understand the polar nature of politics then, it just was complete and apparent nonsense to me. I also remember how mean and vindictive republicans were to Clinton, who was a pretty darn good President overall.

To this day, I just don't get how completely decent, honorable and giving people fold into their "side" like they do. Just a complete mystery.

SOMEHOW, in the last 20 years, it has gotten incrementally worse each year.

 

Scuba

(53,475 posts)
11. Kick for this ...
Sat Aug 31, 2013, 07:23 AM
Aug 2013
Every company that has a cost structure that includes paying below subsistent wages is a company with more than a failed responsible business model. It is a company that is a drag on the economy and it is a company getting a transfer of wealth from the taxpayer to the owners and shareholders of these companies.
 

Doctor_J

(36,392 posts)
13. Failed business model is spot on. If you can't afford to pay living wage,
Sat Aug 31, 2013, 02:40 PM
Aug 2013

you don't get to exist, period.

NOTE: Universal HC would HELP businesses in this country, especially the very small ones. Another reason we should have it.

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