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To: Wyatt's Torch

Working faster, smarter, harder, and longer to pay for those who don’t?


18 posted on 07/21/2014 12:05:40 PM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb; Wyatt's Torch
...earnings growth by...   ...laying off workers and squeezing more productivity out of those on the payroll.

Working faster, smarter, harder, and longer...

--which is pretty much how our loony Marxist colleagues in the press would have us see it. 

Those of us working for a living have to stick with reality, and the facts are that while the % employed is down since the '09 crisis, the workweek's been cut back while pay and productivity's increased.   

Evil corporate productivity "squeezing" is for comic books. Real life means laying off cheap slow workers and keeping the expensive fast ones means wages increase w/ productivity.

While we can't argue about the facts, the reasons why are open for debate.  My take is what we're seeing is typical for a big hike in min. wages during anti-business public policies.

20 posted on 07/21/2014 5:55:16 PM PDT by expat_panama
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