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(VA) Senator Warner Addresses the Opportunities and Challenges of the 'Sharing Economy'
Senator Mark Warner ^ | June, 2015 | Unattributed

Posted on 06/24/2015 7:16:40 AM PDT by Perseverando

Whether by economic necessity or by choice, as many as one-third of American workers now find themselves piecing together two, three or more on- demand opportunities to make a living. It's called The Gig Economy, or the Sharing Economy. Yet Washington mostly has remained on the sidelines as the U.S. economy, its workforce and the work place, have undergone perhaps the most dramatic transformation in decades.

Senator Warner, a former business executive, is committed to bringing this conversation to Washington, working with his colleagues, stakeholders, and the growing “gig economy” workforce, to put forward practical solutions to keep up with this fundamental shift in the economy.

In June 2015, Senator Warner delivered the first significant speech of any Washington D.C. policymaker on the potential impact of generational and technological changes on the American economy. Senator Warner’s op-ed “Asking the tough questions on the Gig Economy” ran in the Washington Post on June 19, 2015.

The changing employee-employer dynamic of the “gig economy” poses both opportunities and challenges for the American worker, allowing freedom and flexibility of hours. But many of these on-demand jobs do not provide traditional safety net protections for workers: unemployment insurance, workers’ compensation for injuries, or pension and retirement planning.

Senator Warner is exploring practical solutions like an hour-bank, pioneered by the building trade unions. There are several other public-private models that could be used to manage safety net programs for workers not attached to a traditional full-time employer.

(Excerpt) Read more at warner.senate.gov ...


TOPICS: Business/Economy; Culture/Society; Government; US: Virginia
KEYWORDS: 114th; economy; gig; gigeconomy; markwarner; obamanomics; parttime; sharingeconomy; warner
Warner is the 1st or 2nd richest person in the U.S. Senate. He got rich on the cell phone boom using inside information when he was a Congressional staffer. (Inside information is not illegal for Congress and staffers.)

Now there is a name for the part time job revolution in America - the "gig economy" or "sharing economy."

Oh yeah, let's celebrate one of the greatest achievements of the Obama legacy - part time jobs! Gig jobs: in part the result of the IRS tax code, part Obamacare, part exporting jobs overseas and part the welfare state.

My take on this is Warner is plugging the benefits of part time jobs. Of course he doesn't mention that to marginally survive, people have to have 2 or 3 of them and still there are no benefits.

1 posted on 06/24/2015 7:16:40 AM PDT by Perseverando
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To: Perseverando

This is from an email I received from Warner’s office yesterday:


Friends,

I wanted to let you know about a significant issue I’ve started to focus on: the big shifts occurring in the workplace and among the workforce as more and more people work “on-demand” in what’s called the “sharing economy”.

Whether by economic necessity or by choice, as many as one-third of American workers now piece together several on-demand opportunities to make a living. And with continuous advances in technology, that number continues to grow, especially as the Millennial generation enters the workforce.

Today, online platforms such as Airbnb, Uber, TaskRabbit and Etsy can provide easy-to-use digital platforms to match supply and demand for goods and services. These innovations are changing the traditional employee-employer dynamic.

The sharing or on-demand economy, where people are contract or freelance workers, provides exciting opportunities in terms of freedom and flexibility in hours and work-life balance. But many of these on-demand jobs do not provide traditional safety net protections for workers: unemployment insurance, workers’ compensation for injuries, or pension and retirement planning.

Yet Washington has mostly remained on the sidelines as the U.S. economy, its workforce and the work place, have undergone perhaps the most dramatic transformation in decades. As policymakers, we have a role to play with this tremendous shift.

Earlier this month, I delivered a speech about the potential impacts of generational and technological changes on the American economy. My recent op-ed in the Washington Post explored some ways that policymakers might begin to address these challenges.

Finally, as I work to find solutions to make this sharing or on-demand economy work better for more people, I’d like to hear from you. If you are working in this on-demand economy, tell us your story: Is it working for you? Could it work better? What are the advantages of this type of work? Do you see any downsides?

Please email your thoughts to: projects@warner.senate.gov.

Thank you,

Mark R. Warner


2 posted on 06/24/2015 7:21:32 AM PDT by Perseverando (For Progressives, Islamonazis & Totalitarians: It's all about PEOPLE CONTROL!)
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To: Perseverando

Leave it to a Democrat to celebrate the destruction of full time jobs due to their idiotic policies.


3 posted on 06/24/2015 7:23:22 AM PDT by headstamp 2
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To: headstamp 2

You have got be f**king kidding me! They destroy full time jobs, especially by their own Obamacare, and people try to eke out a living in harsh conditions - and they act like they have nothing to do with it!


4 posted on 06/24/2015 7:29:52 AM PDT by KC_Conspirator
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To: Perseverando
"Yet Washington has mostly remained on the sidelines as the U.S. economy, its workforce and the work place, have undergone perhaps the most dramatic transformation in decades. As policymakers, we have a role to play with this tremendous shift."

The inherent bias of a politician. How about the option that Washington stay on the sidelines and just let the market work its ways? Message to DC: Leave us alone!

5 posted on 06/24/2015 7:39:00 AM PDT by Truth29
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To: Perseverando

Yeah.. thanks, Sen. Kneepads for your astute observations. The policies of the “_Resident” whose agenda you so slavishly serve are the primary cause of this shift to a “gig” economy.

ESAD, acolyte.


6 posted on 06/24/2015 7:40:39 AM PDT by ScottinVA (The election of Obama was a hate crime.)
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To: Truth29

“Yet Washington has mostly remained on the sidelines as the U.S. economy, its workforce and the work place, have undergone perhaps the most dramatic transformation in decades. As policymakers, we have a role to play with this tremendous shift.”

I think Washington has done enough meddling in the “economy” up until this point.


7 posted on 06/24/2015 7:42:41 AM PDT by headstamp 2
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To: KC_Conspirator

At least Bush’s ‘McJobs’ were full time.


8 posted on 06/24/2015 8:04:33 AM PDT by Right Brother
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To: Right Brother

Agree. It took awhile after 911, but the economy was great during Bush. Its been ghetto since his predecessor took over.


9 posted on 06/24/2015 8:13:18 AM PDT by KC_Conspirator
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To: Right Brother

Agree. It took awhile after 911, but the economy was great during Bush. Its been ghetto since his replacement took over.


10 posted on 06/24/2015 8:13:35 AM PDT by KC_Conspirator
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To: Perseverando

In my not so humble opinion, he’s looking for another opportunity to rip off as many Americans as possible.


11 posted on 06/24/2015 8:14:56 AM PDT by Pecos (What we obtain too cheap, we esteem too lightly.)
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To: Perseverando

Politicians just get dumber and dumber.


12 posted on 06/24/2015 8:20:01 AM PDT by mulligan (I)
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