Labor/Economics

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ZoWie
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Re: Labor/Economics

Post by ZoWie »

The free market always kind of reminded me of the perfect vacuum. Both require so much work to maintain that they essentially cannot exist for long. Neither one reflects the conditions that actual humans actually live in.

If the free market did exist, its behavior would be unpredictable, governed mostly by probability, social entropy, and chaos math, and it would self-destruct.

Ronzo said he wanted a free market, but by cutting taxes on the rich and throwing disadvantaged and mentally ill people out onto the streets, he guaranteed there would never be one. Of course, even if he had done neither, there would not be one.

The closest to utopia that this country ever got was right after WWII. You know, all that stuff about the boss and the workers living in the same neighborhoods. It ignored that the owners still lived in secluded walled compounds or private islands, but otherwise now it's regarded as a golden age.

Now, we have a UK prime minister who lasted a month in office after her first official act when the country finished burying Her Majesty Defender of the Faith was to do a cornerstone of conservative economics, proposing a Reagan style budget where the rich got richer and everyone else waited six months for a doctor's appointment.

This time, though, it caused the government to melt down. Thatcherism/ Reaganism is just SO twentieth century. There must be something more relevant.

Where do we go from this? It's a fine mess.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
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Drak
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Re: Labor/Economics

Post by Drak »

No Lie with Brian Tyler Cohen @NoLieWithBTC
·
Inflation rates around the world:

Turkey: 83.45%
Argentina: 83%
Netherlands: 14.5%
Russia: 13.7%
UK: 10.1%
Germany: 10%
Europe: 9.9%
Spain: 8.9%
Italy: 8.9%
Mexico: 8.7%
United States: 8.2%

(per
@tEconomics

https://twitter.com/NoLieWithBTC/status ... 3792445440
"Some of those that work forces,
Are the same that burn crosses"

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Libertas
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Re: Labor/Economics

Post by Libertas »

Drak wrote: Sun Oct 23, 2022 5:48 pm No Lie with Brian Tyler Cohen @NoLieWithBTC
·
Inflation rates around the world:

Turkey: 83.45%
Argentina: 83%
Netherlands: 14.5%
Russia: 13.7%
UK: 10.1%
Germany: 10%
Europe: 9.9%
Spain: 8.9%
Italy: 8.9%
Mexico: 8.7%
United States: 8.2%

(per
@tEconomics

https://twitter.com/NoLieWithBTC/status ... 3792445440

It would be around 12-14% if dumbshit was still in WH
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Glennfs
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Re: Labor/Economics

Post by Glennfs »

Libertas wrote: Sun Oct 23, 2022 8:23 pm It would be around 12-14% if dumbshit was still in WH
It would definitely be significantly higher if we had democratic socialism like those other countries on that list
" I am a socialist " Bernie Sanders
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Drak
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Re: Labor/Economics

Post by Drak »

Glennfs wrote: Sun Oct 23, 2022 8:28 pm It would definitely be significantly higher if we had democratic socialism like those other countries on that list

Many countries on that list have far right wing conservative governments.

The economy is global. The entire world is undergoing inflation and the reasons have been explained. One of the primary reasons being corporate price gouging where corporations are making massive profits at everyone else's expense. And guess what? Most of these companies are run by conservatives. The US actually has one of the lower numbers. Stop being stupid and playing stupid childish political games.
"Some of those that work forces,
Are the same that burn crosses"

- Rage Against the Machine
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Drak
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Re: Labor/Economics

Post by Drak »

And that said, the GOP has not proposed ONE SINGLE solution to help fight inflation. Not one. But they've certainly voted against policies to help curb it.

The government is suppose to work together to solve problems. The Republican party just wants power. They have NOTHING.
"Some of those that work forces,
Are the same that burn crosses"

- Rage Against the Machine
ap215
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Re: Labor/Economics

Post by ap215 »

U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive

The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing inflation fears, the Bureau of Economic Analysis reported Thursday.

GDP, a sum of all the goods and services produced from July through September, increased at a 2.6% annualized pace for the period, according to the advance estimate. That was above against the Dow Jones forecast for 2.3%.

https://www.cnbc.com/2022/10/27/us-gdp- ... itive.html
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Libertas
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Re: Labor/Economics

Post by Libertas »

ap215 wrote: Thu Oct 27, 2022 9:09 am U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive

The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing inflation fears, the Bureau of Economic Analysis reported Thursday.

GDP, a sum of all the goods and services produced from July through September, increased at a 2.6% annualized pace for the period, according to the advance estimate. That was above against the Dow Jones forecast for 2.3%.

https://www.cnbc.com/2022/10/27/us-gdp- ... itive.html
If gop or trump were in charge, every stat would be worse, at least according to every other time in recorded history.

Putting inflation aside, the economic success is astounding. Inflation is better here than most places and what can be done is being done. Too bad HALF of the increase in prices is now proven to be corp greed.
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Number6
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Re: Labor/Economics

Post by Number6 »

ap215 wrote: Thu Oct 27, 2022 9:09 am U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive

The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing inflation fears, the Bureau of Economic Analysis reported Thursday.

GDP, a sum of all the goods and services produced from July through September, increased at a 2.6% annualized pace for the period, according to the advance estimate. That was above against the Dow Jones forecast for 2.3%.

https://www.cnbc.com/2022/10/27/us-gdp- ... itive.html
Thank-you Joe Biden for the good news. I know the conservatives on this board will claim he or his policies had nothing to do with with it but since they blame all bad economic new on him then it's only fair he gets credit when there's good news.
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Glennfs
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Re: Labor/Economics

Post by Glennfs »

Number6 wrote: Thu Oct 27, 2022 2:55 pm Thank-you Joe Biden for the good news. I know the conservatives on this board will claim he or his policies had nothing to do with with it but since they blame all bad economic new on him then it's only fair he gets credit when there's good news.
Fueled by a rebalancing of imports and experts. Good news but unfortunately temporary.

https://www.cnn.com/2022/10/27/economy/ ... index.html
" I am a socialist " Bernie Sanders
Motor City
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Re: Labor/Economics

Post by Motor City »

Hobby Lobby founder says he’s giving away his company because 'wealth is a curse’
Hobby Lobby founder David Green announced through an Oct. 21 op-ed at Fox News that he's giving up his company, and that he "chose God" over wealth.

Green credited his faith and higher power as the "true source" of his success, noting that "God was the true owner of my business," and felt that passing the company down to his children and grandchildren would've been the wrong move.

"As an owner, there are certain rights and responsibilities, including the right to sell the company and keep the profits for yourself and your family," Green wrote. "As our company grew, that idea began to bother me more and more. Well-meaning attorneys and accountants advised me to simply pass ownership down to my children and grandchildren. It didn’t seem fair to me that I might change or even ruin the future of grandchildren who had not even been born yet.

“When I realized that I was just a steward, it was easy to give away my ownership," added, Green, whose net worth is $14 billion according to Forbes.....
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Motor City
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Re: Labor/Economics

Post by Motor City »

Family mourns young mother killed after forklift she was driving fell on her
Dayzia Kelly was just 25 years old when the forklift she was driving early Monday fell on top of her.

Her family says she took the job at Metalsa, between 17 Mile and 18 Mile roads near Van Dyke Avenue in Sterling Heights, to make money before going back to nursing school.

Kelly’s aunt Chevon Starnes describes her niece as funny, loud, and someone who was always willing to help someone else. Starnes can’t help but smile and laugh as she reflects on the memories the two shared.....

The state is covering some of the funeral costs, but Kelly’s family is paying for the rest. If you want to donate money to help with Kelly’s funeral and support her two children, click here.

https://www.gofundme.com/f/dayzia-kelly-funeral-costs
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bird
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Re: Labor/Economics

Post by bird »

Glennfs wrote: Sun Oct 23, 2022 8:28 pm It would definitely be significantly higher if we had democratic socialism like those other countries on that list
https://economy-finance.ec.europa.eu/ec ... finland_en

https://tradingeconomics.com/norway/inflation-cpi

These two numbers indicate lower rates than the U.S. They also indicate that you have no clue what you are talking about. The world is so interconnected that inflation is hitting everywhere.

Please stop displaying your ignorance.
Motor City
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Re: Labor/Economics

Post by Motor City »

We understand that if retrogressive legislation and a refusal to act can rob the poor, then legislation can also correct the robbery and restore the real purpose and possibility of society.
https://twitter.com/RevDrBarber/status/ ... 9454850051
Democracy cannot flourish amid fear. Liberty cannot bloom amid hate. Justice cannot take root amid rage.
We must get to work!

We must organize a movement against the injustice & the structures through which the society is refusing to lift the load of oppression and poverty.
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carmenjonze
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Re: Labor/Economics

Post by carmenjonze »

United Farm Workers
@UFWupdates

As you enjoy Halloween pumpkins remember the farm workers who labored to grow and harvest them. The Oxnard area farm workers who harvested these pumpkins were working 6 days a week, from 7 am to 4 pm. #WeFeedYou

Image

https://twitter.com/UFWupdates/status/1 ... 5132768256
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The way to right wrongs is to
Shine the light of truth on them.

~ Ida B. Wells
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ap215
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Re: Labor/Economics

Post by ap215 »

Private payrolls rose 239,000 in October, better than expected, while wages increased 7.7%, ADP says

Private payroll growth held strong in October while worker pay rose as well, particularly in the leisure and hospitality industry, according to a report Wednesday from payroll processing firm ADP.

Companies added 239,000 positions for the month, ahead of the Dow Jones estimate of 195,000 and better than the downwardly revised 192,000 in September. Wages increased 7.7% on an annual basis, down 0.1 percentage point from the previous month.

https://www.cnbc.com/2022/11/02/adp-job ... -2022.html
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Drak
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Re: Labor/Economics

Post by Drak »

The media sure likes to play a different game with their headlines when a Dem is in the WH. And right before an election. It’s almost as though conservative corps owns the MSM.

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"Some of those that work forces,
Are the same that burn crosses"

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Libertas
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Re: Labor/Economics

Post by Libertas »

Drak wrote: Fri Nov 04, 2022 12:19 pm The media sure likes to play a different game with their headlines when a Dem is in the WH. And right before an election. It’s almost as though conservative corps owns the MSM.

Image
There is a reason not one con here has attempted to challenge my repeated statements and links proving the economy and market ALWAYS do better under Democratic rule. Because it is true.

Yet, they ignore this including the so called "accountants" and others who know better, they KNOW this is true but somehow still vote for the GOP.

Gee, I wonder why.
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carmenjonze
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Re: Labor/Economics

Post by carmenjonze »

Colluding to Cripple the National Negro Labor Council - African American Intellectual History Society (AAIHS)

img]https://cdn.aaihs.org/wp-content/upload ... scaled.jpg[/img]
In late October 1951, one of the most important African American trade union initiatives in U.S. history was launched.

“The Freedom Train, jam-packed with fifteen hundred fighters,” rolled into Cincinnati on October 27, reported Viola Harrison in Freedom newspaper. She noted that “Negro working-class leaders and rank and file workers… took their battle posts and girded for action” in a nationwide fight for economic, political, and social equality. Together, they founded the National Negro Labor Council (NNLC).

The NNLC was born out of a Chicago National Trade Union Conference for Negro Rights held in June 1950. Over 1,000 African American leaders pledged to build a network of “Negro Labor Councils.” The NNLC’s goal was to establish a “permanent national organization” designed to mobilize the “strength of Negro workers.” Paul Robeson gave the main plenary speech, while National Negro Congress, Negro Labor Victory Committee, and recently expelled Communist-led Congress of Industrial Organizations (CIO) union activists discussed Jim Crow, discriminatory employment practices, colonialism, and the Korean war.

Among the NNLC’s leaders were William Hood, secretary of the United Auto Workers (UAW) Local 600, which was, at 20,000 members, the largest UAW local; Cleveland Robinson, vice president of the Distributive, Processing and Office Workers Union; and Coleman Young, leader of the Amalgamated Clothing Workers and future Mayor of Detroit. While the NNLC was not free of the sexism then permeating the labor movement, Black women such as Vicki Garvin held numerous leadership positions and received “emphatic applause” at the Convention when they asserted their importance to the labor movement.

Hood put to rest any notion that the NNLC would be subordinate to white labor.
“[T]he day has ended when white trade union leaders or white leaders in any organization may presume to tell Negroes on what basis they shall come together to fight for their rights,” he said.1

Within a year of the Chicago Conference, 23 “Negro Labor Councils in major industrial centers throughout the country” were established. These new Black labor councils operated within the predominantly white – and perhaps, reactionary – American Federation of Labor (AFL) and the increasingly conservative CIO. However, the NNLC was independent of both. It pledged to “pay particular attention to the problems of Negro sharecroppers as well as industrial workers,” two groups largely ignored by the AFL. And with the purge of Communists from the CIO, Black workers were also increasingly marginalized within that organization.

Unlike the AFL and CIO, the NNLC promised to build an organization that “will be content with nothing less than full freedom for the Negro people and an end to the era of second-class citizenship.” Due to its outspoken anti-racism, as well as its alliance with Communists, the NNLC drew attention from conservatives seeking to eliminate “subversive elements” in society.
Much more in link.
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carmenjonze
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Re: Labor/Economics

Post by carmenjonze »

Strike by 48,000 University of California academic workers causes systemwide disruptions - LA Times

UC could have avoided this, but like all strike situations, brought it on themselves.
About 48,000 unionized academic workers across the University of California’s 10 campuses — who perform the majority of teaching and research at the state’s premier higher education system — walked off the job Monday morning, calling for better pay and benefits.

The systemwide strike includes teaching assistants, postdoctoral scholars, graduate student researchers, tutors and fellows, as well as workers at the Lawrence Berkeley National Lab, and it has already caused multiple disruptions to scheduled classes, just weeks before final exams.

The strike marks the largest work stoppage of the year so far, and union leaders say it will also be the biggest at any academic institution in history. UCLA workers joined the picket line at 8 a.m., demonstrating with signs, T-shirts and chants at multiple locations across campus, as did groups at UC San Diego, UC Santa Cruz and UC Merced.

The 48,000 workers, represented by four UAW bargaining units, have demanded base salaries of $54,000, a wage increase that would more than double their average current pay of about $24,000 annually.

UC has offered a salary scale increase of 7% in the first year and 3% in each subsequent year, but workers have said that’s not sufficient.
In the Bay Area, i.e. UC Berkeley, Livermore Labs, and UC Hastings, $54K if it's just and you you have a kid/kids is not even close to a living wage.

More power to them!
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The way to right wrongs is to
Shine the light of truth on them.

~ Ida B. Wells
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carmenjonze
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Re: Labor/Economics

Post by carmenjonze »

Essential Farm Workers Travel to D.C. Before Thanksgiving to Push Compromise Agriculture Bil - UFW
The United Farm Workers (UFW), the UFW Foundation, Pineros Campesinos Union del Norte (PCUN), and La Union del Pueblo Entero (LUPE) announce that more than 60 of their farm worker members will travel to Washington D.C. the week before Thanksgiving to push Congress to pass the bipartisan Farm Workforce Modernization Act, compromise legislation which will honor farm workers’ labor and help secure America’s food supply.

Farm workers from major agricultural states will be a part of the delegation including workers from Arizona, California, Oregon, Washington, Georgia, Michigan, Idaho, Colorado, Texas, and Virginia. The Farm Workforce Modernization Act passed the U.S. House of Representatives in March of 2021 with 247 votes and with 30 GOP votes.

“Providing America’s agricultural workforce with the legal status and stability they have earned is a crucial factor in ensuring America’s food security,” said UFW President Teresa Romero. “On Thanksgiving, when Americans gather with family to give thanks for the food on their table, we ask Congress to show its thanks to essential farm workers and their families by passing this common sense bipartisan legislation.”

“This Thanksgiving, families all over the country will enjoy the food brought to their tables by farm workers,” said UFW Foundation Chief Executive Officer Diana Tellefson Torres. “Farm workers demonstrated during the pandemic that they are at the very core of our food security. These hardworking men and women have earned the opportunity to apply for legal status. Let’s give thanks to those who nourish this nation by passing the Farm Workforce Modernization Act through Congress.”
________________________________

The way to right wrongs is to
Shine the light of truth on them.

~ Ida B. Wells
________________________________
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carmenjonze
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Re: Labor/Economics

Post by carmenjonze »

So many pics of the UC strike coming through my feeds today! :!:
________________________________

The way to right wrongs is to
Shine the light of truth on them.

~ Ida B. Wells
________________________________
Motor City
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Re: Labor/Economics

Post by Motor City »

2 Monroe Public Schools bus routes cancelled Monday due to staffing shortage
2 bus routes for Monroe Public Schools will be cancelled tomorrow morning due to staffing shortages.

In a note addressed to families, the school district announced that the following bus routes will be not run tomorrow.....

..... The note says that families with children on these routes will be responsible for getting their kids to school tomorrow. The school district did not say in the note when these routes will be back in service.

"We apologize for the inconveinence," Monroe Public Schools said in the note. "Thank you for your cooperation and understanding."
School bus driver crashes bus into Saline elementary school
A Saline Area school bus crashed into Harvest Elementary in Saline this afternoon, according to a spokesperson with the school district.

No one was in the building at the time of the crash. The bus driver, which had been contracted by a local business to shuttle passengers to an event, was the only occupant of the bus.....
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ap215
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Re: Labor/Economics

Post by ap215 »

Wholesale prices rose 0.2% in October, less than expected, as inflation eases

Wholesale prices increased less than expected in October, adding to hopes that inflation is on the wane, the Bureau of Labor Statistics reported Tuesday.

The produce price index, a measure of the prices that companies get for finished goods in the marketplace, rose 0.2% for the month, against the Dow Jones estimates for a 0.4% increase.

https://www.cnbc.com/2022/11/15/wholesa ... eases.html
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Libertas
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Re: Labor/Economics

Post by Libertas »

Then why did retail prices go up 30% in some cases, we all know why dont we.

Watch people who cant afford the higher prices DEFEND THEM on this board :roll: :lol: morons
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