They would share the productivity gains with workers. Wealth disparity is about giant increases in productivity. The 1% er's would be smart to share the gains by reducing the work week by the % of unemployment. Workers then have a productivity incentive. 36 hours if the unemployment is 10 %
The investment class can pay more taxes to increase the "net" or share the productivity gains with the working class by decreasing the work week.
Win,Win?
The French mode of 35 hour work weeks? They thought this would decrease unemployment, but it is so hard to fire full time employees over there, they hired temps instead. Unintended consequences.
The key is that American manufacturers are competing with lower prices from overseas. Productivity of workers is one of America's biggest advantages over Europe and you want to level the playing field. Sure, reduce the work week and add a month more vacation, that will force companies to hire replacement workers and decrease sales.
I know something needs to be done about the outrageous salaries at the executive level and I like the idea of stock options, produce and be rewarded, but even this plan has been corrupted by the current system.
Thomas Sowell: There are no solutions, just trade-offs.
jmc wrote: They would share the productivity gains with workers. Wealth disparity is about giant increases in productivity. The 1% er's would be smart to share the gains by reducing the work week by the % of unemployment. Workers then have a productivity incentive. 36 hours if the unemployment is 10 %
The investment class can pay more taxes to increase the "net" or share the productivity gains with the working class by decreasing the work week.
Win,Win?
It may start an entrepreneurial tsunami.
It's like asking hogs to take turns at the trough, it'l never happen. Left unchecked they'll try to sqeeze thier employees until they are sqeezed dry-
FredHayek wrote: The French mode of 35 hour work weeks? They thought this would decrease unemployment, but it is so hard to fire full time employees over there, they hired temps instead. Unintended consequences.
The key is that American manufacturers are competing with lower prices from overseas. Productivity of workers is one of America's biggest advantages over Europe and you want to level the playing field. Sure, reduce the work week and add a month more vacation, that will force companies to hire replacement workers and decrease sales.
I know something needs to be done about the outrageous salaries at the executive level and I like the idea of stock options, produce and be rewarded, but even this plan has been corrupted by the current system.
American manufacturers? Are you serious? Except for little niche products that haven't been bought out by giant conglomerates, manufacturering is all but dead and gone in this country and it will never come back as long as there is the NAFTA . We will never ever even come close to competing with 3rd world wages..Ever!
Do you know anybody that has a factory job Fred? This is 2012, not 1975
Somehow me thinks you never worked in a union manufacturing company VL. Airline baggage handling is not manufacturing.
Business is good and we just hired a new guy from one of Obama's bankrupt green energy companies, went to lunch with him today. 1 new job created! (non-union)
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
FredHayek wrote: The French mode of 35 hour work weeks? They thought this would decrease unemployment, but it is so hard to fire full time employees over there, they hired temps instead. Unintended consequences.
The key is that American manufacturers are competing with lower prices from overseas. Productivity of workers is one of America's biggest advantages over Europe and you want to level the playing field. Sure, reduce the work week and add a month more vacation, that will force companies to hire replacement workers and decrease sales.
I know something needs to be done about the outrageous salaries at the executive level and I like the idea of stock options, produce and be rewarded, but even this plan has been corrupted by the current system.
American manufacturers? Are you serious? Except for little niche products that haven't been bought out by giant conglomerates, manufacturering is all but dead and gone in this country and it will never come back as long as there is the NAFTA . We will never ever even come close to competing with 3rd world wages..Ever!
Do you know anybody that has a factory job Fred? This is 2012, not 1975
wake up rumpelstiltskin!
Clinton signed it into law on December 8, 1993; it went into effect on January 1, 1994.[2][3] Clinton while signing the NAFTA bill stated that "NAFTA means jobs. American jobs, and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement."[4]
Yes..We covered this like 10 years ago..Clinton really screwed us- He sold us out. I don't worship Bill Clinton like you worship Ronald Reagan. Obama is screwing us right now, (They're all owned by the banks!) but not nearly as bad as Mit Romney would if he could, which he can't
jmc wrote: They would share the productivity gains with workers. Wealth disparity is about giant increases in productivity. The 1% er's would be smart to share the gains by reducing the work week by the % of unemployment. Workers then have a productivity incentive. 36 hours if the unemployment is 10 %
The investment class can pay more taxes to increase the "net" or share the productivity gains with the working class by decreasing the work week.
Win,Win?
It may start an entrepreneurial tsunami.
One thing about jmc is he always has "outside the box" ideas. LOL
Wealth disparity is more about choosing investment (with risk) vs consumption and debt though. I've seen where employees were offered stock shares in lieu of pay ( at discount) and few took the risk.
I agree that reducing hours is better than layoffs, the Germans did that, and some companies here do (mine went to 32 hours manufacturing in 2009). Or at least layoff temps and contractors first.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
