Economy
Related: About this forumShaky Jobs, Sluggish Wages: Reasons Are at Home.
'President Trump hasnt been saving jobs in the last few weeks, focusing his energy (and Twitter feed) on how to close the borders to immigrants instead.
When he gets back to it, he might spend less time on the workers putting together air-conditioning units in Indiana and more a lot more on the maids and janitors who clean Trump golf resorts and hotels.
This is not to accuse the president of being hypocritical by skewering companies that move production overseas while, say, selling Trump merchandise made in Bangladesh, or loudly championing the cause of the working man while refusing to recognize the rights of workers at his branded properties.
Rather, it is to argue that by obsessing over how the manufacturing jobs of the 1970s were lost to globalization, Mr. Trump is missing a more critical workplace transformation: the vast outsourcing of many tasks including running the cafeteria, building maintenance and security to low-margin, low-wage subcontractors within the United States. . .
Whatever its difficulties, addressing the vast transformation underway in the organization of work seems more relevant than tilting at windmills in hopes of restoring American manufacturing to its 1950s state.'
https://www.nytimes.com/2017/02/28/business/economy/economy-labor-wages-subcontracting.html?
Warpy
(111,317 posts)not to mention increased tax revenues, increased contributions to OASDI and Medicare, and something marginal workers haven't seen for a very long time: optimism about the future.
Cheap labor conservatives in both parties think they can have it both ways, high profits for the rich plus a booming economy.
Not going to happen. Ever.
The Velveteen Ocelot
(115,806 posts)there will be plenty of jobs for the people who lost their manufacturing jobs. They'll have lots of options: they can pick lettuce, shingle roofs, mop floors, make beds in hotels, wash dishes... the opportunities are endless! Thanks, President Trump!
elleng
(131,051 posts)ENDLESS!