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re: Unions are outdated. It is 2023 not 1923
Posted on 9/14/23 at 8:12 am to LSUTitan99
Posted on 9/14/23 at 8:12 am to LSUTitan99
I agree with every word you said
But I also look at this graph…
…(which is corporate profits as a percent of GDP)… and I look at this graph… 
…(which is inflation adjusted income broken up by quintile)…and I am forced to consider what other solutions there are. Something about our economic system is fundamentally is broken when corporate profits are growing from 1% of gdp to 15%, while at the same time, the middle income quintile and below has seen functionally no real income growth at all.
I agree that unions aren’t the correct answer, for all the reasons you outlined above. But the status quo isn’t acceptable either. And absent a compelling alternative finally getting proposed, at the least, the recent push for more Union activity isn’t surprising to me. Workers are desperate to find a way to stay afloat, even if that means turning to corrupt institutions to try and get help. And the shite flows downstream from there.
But I also look at this graph…
…(which is corporate profits as a percent of GDP)… and I look at this graph… …(which is inflation adjusted income broken up by quintile)…and I am forced to consider what other solutions there are. Something about our economic system is fundamentally is broken when corporate profits are growing from 1% of gdp to 15%, while at the same time, the middle income quintile and below has seen functionally no real income growth at all. I agree that unions aren’t the correct answer, for all the reasons you outlined above. But the status quo isn’t acceptable either. And absent a compelling alternative finally getting proposed, at the least, the recent push for more Union activity isn’t surprising to me. Workers are desperate to find a way to stay afloat, even if that means turning to corrupt institutions to try and get help. And the shite flows downstream from there.
1
Posted on 9/14/23 at 8:27 am to funnystuff
80% of voters go to the polls for 2 issues, neither neither side wants to solve it for all the money it garners them.
If you want to solve a problem you must first ask the real questions instead of distractions with no actual solutions.
A simple question (before guns or abortion) should be is the buying power of the US citizen stable or rising over time?
What started in the 60's and 70's went exponential in the 80's forward.
If minimum wages are raised 10% but goods go up 20% the citizens are losing ground, not gaining it. Since the 80's and the "greed is good" mantra this has accelerated. I favor local and regional ownership with stockholders being average citizens and companies who actually do something.
I do not favor Wall Street padding their pockets looting US companies and making paper profits for themselves while not actually building long term US companies.
If you want to solve a problem you must first ask the real questions instead of distractions with no actual solutions.
A simple question (before guns or abortion) should be is the buying power of the US citizen stable or rising over time?
What started in the 60's and 70's went exponential in the 80's forward.
If minimum wages are raised 10% but goods go up 20% the citizens are losing ground, not gaining it. Since the 80's and the "greed is good" mantra this has accelerated. I favor local and regional ownership with stockholders being average citizens and companies who actually do something.
I do not favor Wall Street padding their pockets looting US companies and making paper profits for themselves while not actually building long term US companies.
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