Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.
quote by Robert Reich
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A study of the history of wages back through the years indicates clearly that when the cost-of-living rises appreciably wages have shortly been adjusted upward also.
quote by Charles E. Wilson
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Less than 8 percent of private sector workers belonged to a union in 2004, and, overall, only 12.5 percent of American workers carry a union card - down from about one-third of workers in labor's heydays in the 1950s.
quote by Linda Chavez
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If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.
quote by William Vickrey
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We asked the workers to give up 25 percent of their salaries. Imagine! We asked the industrialists to freeze all costs, no matter what the inflation is.
quote by Shimon Peres
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No business which depends for its existence on paying less than living wages to its workers has any right to continue in this country. By living wages I mean more than a bare subsistence level--I mean the wages of decent living.
quote by Franklin Delano Roosevelt
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The gulf coast, we all know now, after Katrina, is responsible for 25 percent of U.S. production of natural gas. Following Katrina and Rita, almost 75 percent of the natural gas production in the gulf was shut down and not producing.
quote by Mark Foley
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Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation.
quote by Russ Carnahan
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And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it.
quote by Barack Obama
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The Revenge of the 47 Percent
In politics, it is acceptable to fight back with the ballot.
This long awaited election is about people with a lot
Versus the hardworking middle- class, which strives
Every day to earn a living, and to improve their lives.
The 47 percent is a powerful force made of retirees,
Veterans of the armed forces, recently graduate students,
Teachers, full and part-time workers, factory employees,
Health workers, paraprofessionals, and civil servants.
The list is infinitesimal, that's what makes this voting block
So potent and important. The next election will serve as a test,
For this true melting pot, which has the strength to move the rock,
In favor of Barack H. Obama, the one and only, and the best.
The best person who can lead and move this country forward.
Barack has proven himself in the last four years, despite
And in spite of the mess that he has inherited. The kite
Will only fly higher with his effective leadership, not downward.
The 47 percent will, without a doubt, fight back,
The 47 percent will vote, en masse, for Barack,
Because Obama is a very smart and savvy President,
Who cares for all, for the 99 percent, and also for the 1 percent.
poem by Hebert Logerie
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African Americans make up about 13 percent of the U.S. population but comprise 32 percent of patients treated for kidney failure, giving them a kidney failure rate that is 4.2 times greater than that of white Americans.
quote by Xavier Becerra
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Production is the only answer to inflation.
quote by Chester Bowles
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Inflation outstripped real wages for people who work for pay from others.
quote by Tim Bishop
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Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
quote by Martin Feldstein
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When you have a country that can boast that more than 95 percent of its eligible workforce is employed and pumping money back into economy, that's exceptionally good news, especially as we prepare to observe Labor Day.
quote by J.D. Hayworth
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To Those Who Concern
Migrant workers from developing Third World
Move to developed countries for all sorts of work
They may be professionals or just basic workers
Trying to fill their pockets a little much tighter.
Their employers hire them instead of their own country men
Because they are the cheaper and more hard working ones
They don't understand workers' right and things like that
And work and work and collect their wages intact
The wages basic workers get are quite pathetic and petty
It barely is enough for them to send money back to their families
But for professionals the sum is quite attractive indeed
They can save and send money back to their families in need
These remittent money, says the governments of Third World
Boost their GDPs and increase their economic power overall
But that money, if huge enough, can increase the demand of commodities and land
And raises the prices in those Third World countries of concern
This is a problem for those who are trapped inside
With no family members abroad and self-ability to flight
They work hopelessly and barely survive for less than a dollar a day
Until their minds are exhausted and their body slowly decay
poem by Henry Chen
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Responsibility In The Workforce
What is the work ethic
of Japanese
white-collar employees?
there are three
important components
to the work ethic
loyalty to company
a commitment to quality
peer group bonding
What do the Japanese
feel about their co-workers
and their company?
the Japanese feel
great responsibility
toward company
and co-workers
What moral attitude
are Japanese
employees taught?
Japanese employees
are taught a moral
to work in groups
to think of themselves
as part of a family
What is the Japanese
attitude to failure
in the workforce?
the white-collar executive
is extremely diligent
knowing that failure
or any errors affects
other fellow employees
What is the Japanese
attitude to sharing
profit in the workforce?
all rewards
are group oriented
which places
greater responsibility
on individual
performance.
What is the foundation
of modern business
relationships in Japan?
to develop to maintain
long-term relationships
within one's peer group
is the company goal
this system creates
social professional
networks representing
spiritual foundation in
business relationships
What is the Japanese
attitude to quality
in the workforce?
a Japanese commitment
to quality has rightfully
earned Japanese products
an esteemed reputation
How do Japanese workers
support the continued success
of the company they work for?
Japanese employees put
their best efforts into the
success of their company
Japanese employees give
a wholehearted allegiance
to employer and company
company family are inseparable
within harmony of group society
What is the future of Japanese technology?
All systems are on line and operational.
poem by Terence George Craddock
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European Union Austerity Measures Inflicted On Greece
an interesting development...
an online censor clerk,
has learned, an innovative, art
a strategic censorship perk
instead of banning...
problematic whole book,
article, poem, attacking
austerity measures
a strategic strike intriguing...
a crafty innovative hook,
just delete, fine tune, targeting
precisely, paragraph, paragraphs
referencing offending...
sponsorship bankers bank,
austerity, measures, mince meating
Greece, Greek, citizens
a lie shrouded adjustment...
offered by Germany her allies,
austerity, leads to, internal deflation repeat
Greece, will regain, competitiveness
proposed solution a no-brainer neat...
suppose miraculously austerity succeeds,
actually, could deliver, deflation sweet
growth, nominal GDP suppressed, decreases
turns negative burden of debt...
will increase reducing Greek wages,
relative, to Germany, in prime position seat
Greece, has sacrificed made, 'progress':
private-sector wages fell 5.4%...
in the third quarter of 2011,
from, a happier, year earlier 12%
since, peak first quarter, of 2010
leaked European Commission report...
called for nominal wages in business,
economy, to be reduced, by a further 15%
during,2012-2014, exploitation finesse
will Germany accept...
undesired price of inflation,
for stability, political, benefit
of keeping, intact, pet eurozone?
upside inflation will to start...
with make happy Germans,
their wages, rise, right smart
inflation, adjusted, sensations
positives but ECB monetary policy strict...
catering to prime German desires,
for low, German inflation, verdict
put out, threat undesired inflation, fires
Merkel moved to counteract...
ECB monetary policy which might,
stoke, inflation, in Germany
cementing, certain, impossibility
of an economic recovery...
for struggling EU countries policy,
eurozone, adjustment, locked out by Germany
economic, hardship, elsewhere in the currency
block actually...
suits Germanys' export-oriented economy,
it causes, the euro, to depreciate
makes, German exports, cheaper competitive hot
Germany's unemployment...
continues downward trend to record lows,
German, select, financial institutions
scooped, the lion's, share tenderloin slices
more than 80 percent...
of Greek rescue package goes to creditors,
a huge, chuck, to hyena stalking banks
outside Greece, the ECB, takes choice slices
billions of taxpayer euros are not...
saving Greece their purpose saving banks,
shifting, liabilities, from European banks
to fleeced, targeted, European taxpayers
staggering slaughter public debt...
Greece owes foreign governments,
including, debt, to EU/IMF loan facilities
debt, through, manipulated eurosystems
increased by €130 bn...
from €47.8 bn to €180.5 billion,
between, January,2010 and September 2011
brutal, severity austerity, measures in European Union
imposed on Greece by boots German...
French leadership of European Union,
importance, of honouring people, individuals nation
treating people, with humility respect, compassion
is a lesson...
sadly not learned by evil men,
women, who prey, upon the divine
breath, heartbeats, dreams of a working class citizen
poem by Terence George Craddock
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Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.
quote by Paul A. Volcker
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Worshipers fear the God
God men preach for wages.
Psalm singers sing for wages.
Shrines keepers work for wages.
Worshipers give them wages
And fear God more than they do.
17.07.2010
poem by Rm. Shanmugam Chettiar
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Today, our economy is divided: fifty percent is the public economy and fifty percent is the private economy that includes small companies employing from 4 to 200 workers.
quote by Ibrahim Rugova
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