Free Republic

Regardless of political affiliation, recent American presidents commonly say that the nation needs to win back manufacturing jobs lost to overseas relocation. “Where is it inscribed that America cannot reclaim its position as the world’s manufacturing hub?” queried [Joe] Biden recently. He has pushed for policies that penalize corporations for moving jobs abroad and that incentivize job repatriation. Biden’s predecessor Donald Trump pursued a similar objective with different means, modifying the tax code to encourage companies to bring back profits earned internationally and imposing tariffs to protect domestically produced goods. Despite their ideological differences, both presidents share a similar view...

Annual pay raises don't work. The salary increase serves two purposes: to motivate workers and to keep employees from leaving for a better-paying job. In its current form, the traditional raise does neither of those things very well. "You can't really do a lot with the annual raise," said Evren Esen, director of survey programs at the Society for Human Resource Management. When the economy is decent, annual pay adjustments come in at 1 percentage point or 2 percentage points ahead of inflation for a given year. That doesn't go far. Employees expect to get at least the cost of...

The failing business would be the New York Times Company, which, like most newspapers, has fallen on hard times and laid off many employees. The greedy executives include Chairman Pinch Sulzberger: Top executives at the beleaguered New York Times Company reaped hefty rewards last year, with Chairman Arthur "Pinch" Sulzberger more than doubling his total compensation to $6 million. CEO Janet Robinson got even more, reaping $6.3 million, a 31.9 percent hike. The increases come against a backdrop of declining ad revenue, layoffs, frozen pension plans, unpaid vacations and a 5 percent pay cut for most of the rank-and-file workers...