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Almost 80% of US workers live from paycheck to paycheck. Here's why | Robert Reich

Almost 80% of US workers live from paycheck to paycheck. Here's why | Robert Reich

Read more on Guardian (US)

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  • A powerful analysis on the problem. But we really need a long term solution, it would be gradual and slow, but we have to have one. The starting point must be our education and the way we train our youth. Subjects like technology, micro economics, understanding diversity can no longer be optional. They

    A powerful analysis on the problem. But we really need a long term solution, it would be gradual and slow, but we have to have one. The starting point must be our education and the way we train our youth. Subjects like technology, micro economics, understanding diversity can no longer be optional. They have to be compulsory from middle school levels. Entrepreneurship and financial literacy are also two powerful themes that need to be embraced from an early stage of people’s lives. They automatically mould a thought process thats solution driven when economic fundamentals change.

  • It appears we can blame the Supreme Court and politicians for the American workers declining value to employers. Supreme Court rulings that have largely sided with corporations to the detriment of the American worker have led to declining leverage for the American worker and thus declining wages. Corporations

    It appears we can blame the Supreme Court and politicians for the American workers declining value to employers. Supreme Court rulings that have largely sided with corporations to the detriment of the American worker have led to declining leverage for the American worker and thus declining wages. Corporations and wealthy corporate owners constantly complain about too many rules and regulations that favor the worker but reality tells a different story. Workers who aren’t able to unionize due to the decline of American unions aren’t able to successfully defend cases or bring cases to the Supreme Court and put up a fight on equal grounds against corporations who have near infinite money to hire the best counsel to win a case in the highest court in the land. Corporations also have the power to put behind candidates who will pass bills that favor the corporation over the worker. With Presidents like Trump wanting to load the Court with conservative judges who lean heavily toward ruling in favor of corporations and against workers things are not looking to improve for American workers anytime soon. Workers are ill educated in the value of sticking together and allowing a union to be the arbiter between corporate greed and the need for better wages. It seems that political candidates and big employers have been able to keep unions at bay due to misleading propaganda and many times attempts to unionize are voted down by workers convinced by wealthy corporate owners that unions only bring trouble to the worker and do things like demand exorbitant dues and offer nothing in return. The American workplace is headed for disaster and disgruntled workers may eventually do worse than anything a Union could bring against corporate America. We need politicians who are willing to pass bills limiting huge donations to their campaigns in return for legislation that favors corporations and leaves the American worker with stagnant wages and little protection from employers solely motivated by profit with little regard for worker wage increases or safety. Good luck finding a politician that will vote against money in his own pocket.

  • As someone who lives from paycheck to paycheck, I know what it means living paycheck to paycheck. It means under evaluating what it’s like to be an upstanding citizen in this country. I’d like to be able to afford healthcare and other services through my job but its not reality when hourly falls below

    As someone who lives from paycheck to paycheck, I know what it means living paycheck to paycheck. It means under evaluating what it’s like to be an upstanding citizen in this country. I’d like to be able to afford healthcare and other services through my job but its not reality when hourly falls below minimum of part time. I think it’s time for America to take a closer look at jobs that were considered temporary in the past and now are what people rely on to live, regardless of their degree level.

  • There needs to be some kind of incentive or awareness for companies to realize that only focusing on extreme and constant cost cutting (e.g. outsourcing) along with a hyper short-term performance outlook is not a strategy that is long-term sustainable. The concluding quote in this article is scary and

    There needs to be some kind of incentive or awareness for companies to realize that only focusing on extreme and constant cost cutting (e.g. outsourcing) along with a hyper short-term performance outlook is not a strategy that is long-term sustainable. The concluding quote in this article is scary and not all that untrue: "the dramatic widening of inequalities of income, wealth, and political power – has had a more unfortunate and, I fear, more lasting consequence: an angry working class vulnerable to demagogues peddling authoritarianism, racism, and xenophobia."

  • Now you know why Jimmy Hoffa is buried in concrete!

  • There ARE jobs they just SUCK