Truth And Lies About Business And Jobs

Let’s expose a few lies that Americans hold dear.

“Small businesses create most of the jobs.”

TRUTH:  Small businesses are what? SMALL. By definition, small businesses have few employees.

“Small businesses fuel economic growth.”

TRUTH:  Most small businesses FAIL within the first five years. Often within the first year. When they close their doors, they create unemployment.

Continue reading

Mitt Romney’s Economic Divide, Part 2. Lash Yourself to An Oar.

We used to have the upper class, middle class, lower class, working class. Most of us in America pretended that class wasn’t an issue.

Retired folks living on Social Security and pensions were in a separate category. As elders and retired, they were deemed “entitled” (gasp) to the Social Security and pensions they received. They had, after all, worked long and hard to earn those Social Security and pension checks.   Continue reading

The Big JOBS Plan: What is Possible? What is the Goal?

Cover of

Cover of End of Work

The mob is clamoring for a big, definitive “plan” to “create” JOBS.

The problem is, we are all yearning for a return to the prosperity and good jobs of the 1950s. A return to Middle-class America. That model of American prosperity lasted for a half-century, even as it was eroding away. That model lasted through the inflating 1970s, the greedy 1980s and the bubbling 1990s.

The middle-class model of America, with good-paying jobs all around — it’s over. We aren’t going back to the 1950s. It’s impossible. That’s where President Barack Obama’s JOBS plan has got to start.   Continue reading

You Decide: How Much Is A Worker Worth? What Is Fair Pay?

Last night, I attended a meeting about social justice issues. Naturally, the controversy about public worker salaries and unions in Wisconsin came up.

One person commented, “The workers in Wisconsin are not poorly paid.” As if that were a known fact.

We all have preconceived notions about how much certain workers are paid. (When we say “public workers,” we’re often thinking of  teachers, firefighters, and police officers. It is important to point out that by the very nature of state and local government, large numbers of the workers are in traditionally low-paying  jobs requiring low levels of skill or education.)  What do you think is fair pay? Please vote.

Which workers are we talking about? Teachers? Police officers? School maintenance workers? School cafeteria workers? Bus drivers? Road repair crews? Attorneys, engineers, accountants? Public health nurses? Truck drivers? Clerks who process paperwork or answer the phone?

Does a police officer deserve to be paid an adequate living wage? Does a trash collector? Should fair pay be enough for the worker to support himself or herself only? Or should the pay be high enough to also support a child? Two children?

Was answering these questions difficult, impossible, easy? Who should set pay rates? The governor, the private market, the unions, collective bargaining, lottery? Put them all  on the ballot for the voters to decide in a referendum?

How much should bloggers be paid? What? Never mind!

John Hayden