Wages, Work, and the Millennium Economy

We have a new economy. Whether you call it the 'global economy' or the 'Millennium economy' is a matter of perception.

There has always been a global economy. Look at the trade routes of the old world, whether they used wooden ships or camels to transport goods. People always want exotic goods.

The Millennium Economy is different in that we now use electronic devices to instantly communicate, control, and pay for our goods and services.

We also have exported jobs to slave wage countries, all the while being told that it 'improves' our country, no matter where you live.

It improves only the bottom line of those who manipulate the economy.

Everyone else pays the price in the cyber-managed markets.

Wages will continue to stagnate until they reach a point of equity with those of the rest of the world.

Don't worry, there will always be entertainment distractions to keep you from worrying about your loss of income and rights.

New Plans for the New Year

I've been following the news about our current employment situation, not only in the USA but Europe and other countries of interest.

You don't have to be a rocket scientist to notice that there is growing unrest amongst the working people of this world when it comes to employment rights, conditions and wages.

These topics will be covered in the coming months by the various media outlets and political commentators.

It will be interesting to see which of them understands and explains the developments in the business culture both national and worldwide.

Don't expect it to be a boring year.

Don't Worry, Be Happy About Getting Paid, Mini

Enjoy your minimum wage.

It's the best the company can do. After all it costs lots of money to do those things the executives do, which you get to earn for them.

Remember, Segerson's First Law of Compensation:

"The less you do, the more you make."

If you don't believe me, ask any politician, actor, or sports hero. Sure, they work, but everyone does that. How much of what they do really PRODUCES something of use?

We won't go into the usefulness of company executives. Golf, anyone?

Talk show hosts are actually the best examples.

If we had them back in 1776 the USA would still be a part of the British Commonwealth.

All talk and no action equals hot air.

Minimal Wage, the New Economic Slavery

Welcome to the new world of minimal wage. Where you can earn the least amount necessary to continue to survive. You're welcome to work harder for more, but don't expect it.

Will this be a TV/RADIO/INTERNET advertisement?

FADE IN

Distance Shot:Man in a suit standing in front of a lake with fountains in the background.

"Hello and thank you for groveling. It's comforting to know that we, the elites, have been able to drip feed misinformation  to all of you loyal workers. We now have you believing that your life is wonderful, even as you scurry from job to job."

Close-up Shot: Man in suit smiling into camera

"Insecurity has allowed us to control your every move. Which makes it easy for us to manipulate your life. Debt is happiness and the more you have the happier you'll be. You don't want to quit your job, then you won't be able to keep your precious stuff. Work harder to own more."

Tracking Shot, intercut: Different crowds of workers from all over the world.
"After all, we've got billions of you wage slaves out there and we're going to use you until you drop. Then we'll sweep you out the door and put a fresh, new clone/drone in your place."

FADE to Close-ups: Shots of various workers at their jobs, smiling.
"Remember, we need you to continue to be happy and productive. If you're not, then we don't get our profit margins. We can't allow that, as it will affect our conservative, free-spending lifestyles."

FADE to tracking shot of expensive convertible car pulling up to lake and man in suit getting in with beautiful woman. He looks into the camera.
"So, we thank you and expect you to slave on. It's what you do best."

FADE OUT

Wages OR a Percentage

So, what are you worth?

Does your hourly rate reflect your contribution to the company's bottom line?
Should you be paid a percentage of the company's profits?
How about a base pay rate, plus a percentage?

All questions which you should consider, in light of the fact that the current wages in this country have stagnated now for over 30 years.

The people who are at the top haven't seen this decline in buying power. But then again, they do set the standards and wages, don't they.

"Those who have the gold, make the rules."

Until those who do the work, change them.

Welcome to SNAFU

Which for those of you unencumbered by being around the military means, in polite terms; Situation Normal All Fouled Up. I'll elaborate on the circumstances later, but I'm glad to see that there are people out there who are now willing to make their adverse working conditions known. Time to change the game rules! Remember, only you can preventa a SNAFU.

Wage Slaves Gain Weight, Continue to Lose Money

As Wall Street sets new records, corporations are finding new ways to pass business costs onto employees. The longest running is the health care scam. Big Health, (read the AMA and other organized medical groups) bolstered by Big Pharma, now are turning everything into a disease. If you're a drunk, then you're really an alcoholic. A disease treatable by the medical community. Get a lawyer to fight for you and and you can receive 'disability' payments from the government. Money you can spend on getting drunk. If you're overweigh, then you're obese. Now classified as a disease by the AMA. Which means that they will develop treatments, backed up by drugs. Notice that there's never a cure? That would destroy the money flow. We are being fed junk news, junk food and given junk healthcare. It's no wonder this country is headed for the junkpile. The sad thing is that we get to pay for it, through taxes or insurance, while receiving little or no benefit from a system that now supports healthcare fraud. With the minimum wage now lower than it was (on an inflation adjusted basis) in the 1960s can the working people of this country allow this to continue? I don't think so. There may be some outcry, but for right now, its' been more of a whimper. Of severe economic pain.