WHY should companies pay people more as long as there is an aparent inexhaustable supply of desperate, de-facto SLAVES flooding in..?
They had one slave brought in from Croatia to Tesla’s plant in Fremont, Calif —he was helping in the layout design of the expansion of the plant there:
$6 per DAY, or something...!
Import more illegal alien robots!
The Summer of Recovery 7.0 is almost over and we have this.
“Free” trade and immigration destroying the working classes of the US and Europe.
The political class is just fine with it. They profit from it afterall.
I notice in the article a suggested prescription is utilization reduced working hours, part time and temporary contract jobs. All very nice to keep labor costs down, but not what I think will improve the incomes or lives of people.
The whole article strikes me as an attempt at dazzle, to make you think they care about their own [countries]. The reality is still an enabling of pernicious globalism, weakening of national identity, with out a care to the damage done to each country's culture. They will still get theirs in Mumbai, London, Singapore; wherever the smart set decides to call home today.
C.W.
The CEO at McKinney ought to be replaced with a cheaper foreign worker. Doing this in all the Fortune 500 companies would shed a completely different light on the problem of excessive immigration.
The loss of marriage in the working class, with its attendant three times higher rates of dropping out of school, becoming an addict, joining a gang, becoming homeless and becoming an unwed teenaged mother, is also a factor in income disparities.
Around half of unmarried mothers would cease being in poverty if they married and joined households with the child’s father. And when married, they save more for retirement and other goals than when unmarried - a shift in outlook when they make a commitment.
So much of this problem is the loss of marriage in the lower classes that are turning them into a permanent underclass.
I wrote this 11 years ago:
Another Look at Outsourcing (Vanity)
It was McKinsey (with Neutron Jack Welch of GE, the vermin) back then.
ping