Post #4937 -
Corporate "America" has been cutting back on full-time jobs for decades so they don't have to pay any benefits. Decades. And then they tell us that they "appreciate" the American workers - that American workers are the best in the world. It's all BS - the only thing they care about is the bottom line. If anyone thinks businesses respect, appreciate, or "love" their workers ........ I've got a bridge I'll sell you for cheap. Wait until AI kicks in big-time. There'll be millions more put out of work ....... unwillingly. Let's see if those robots, software programs, and computerized systems buy any of businesses' goods and services ............
Why is it that when unemployment numbers are higher, the "business community" likes it?? Because there is a larger pool of people desperate for jobs at any pay level. But when more folks are out of work (unwillingly) businesses b##ch that "nobody's coming in ........ nobody's buying anything." I've seen this over the decades of my lifetime.
More people working / less unemployed = higher worker pay (but not by much) = more buying of things by folks. Fewer people working / more unemployed = lower worker pay / part-time work / reduced or eliminated benefits = folks not buying things, tightening financial belts. Which scenario sounds better for our economy to most people???