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Do you see what I see?

OccupantCDN
@OccupantCDN
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Its that time of year:

Santa's communist elf has started hitting the sauce a little early:

The problem that I see, is that the educational system is failing many citizens, preparing them for low-wage employment. Companies experience a lot of turnover on the lowest-wage jobs as employees become prepared for better opportunities and move on.

The fact that poor people work for rich people (or the companies that rich people own) isn't the problem. Its contractual arrangement — one with many legal constraints and protections. The wage earner is free to move on at his will.

So, just guessing here, I don't see the problem there, that Bob does.

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Discussion (14)

  • Nohaaj@Nohaaj

    Mixing media and metaphors.

    Very Talented group.

    Very Socialist pol.

    Your brief analysis is spot on.

    Walmart, and all employers have entry level positions. Those that have the ability and motivation move onto greater responsibility and compensation. Those that don't have either the ability or the drive, stay.

    How fortunate and blessed are those people who can provide for themselves working at Walmart, instead of trying to survive growing turnips in thier front yard.

  • Steve Fast@SteveFast

    Two more factors: unskilled immigration increases the competition for unskilled jobs, driving down the wages that employers have to pay for those jobs by increasing the supply of unskilled workers.

    Second, welfare in all its forms makes it possible for employers to pay less than a living wage for unskilled jobs because they can count on the government to supply a significant part of the compensation for those workers. If a worker gets, for example, half his compensation from his salary and half from government benefits, the employer can treat him as a less valuable worker. And the worker will value his job less because half his livelihood does not come from working.

    Our society is destroying the value of work.

  • EB@EB

    Good point, Occupant CDN.

    Re: Youtube song - the last time I thought that was a great song, I was in 10th grade. I can't stand it now and change the radio station or Sirius channel every time it comes on.

  • Full Size Tabby@FullSizeTabby
    OccupantCDN (View Post):

    Yes I do see the problem here: Robert Reich is an ignoramus who does not understand the fundamentals of data analysis, one of which is the importance of comparing like-to-like.

    Instead he compares hourly (presumably cash, not including "benefits") wages (current income) of employees to the accumulated wealth (over time) of an owner and to the accumulated wealth of an entire family (of undefined size).

    He also ignores the difference in risk undertaken by an owner versus that undertaken by an employee.

    Robert Reich does not understand the fundamentals of data analysis.

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