Published: Saturday, Aug. 31 2013 12:00 a.m. MDT
The bottom line is without a college education to get higher paying jobs people
don't have a chance, there are few jobs that pay a decent wage without a
degree. The US is changing, soon there will be no middle class. You will have
the poor and the rich. I would like to see money go toward getting those on
assistance an education so they can support themselves, kind of like the teach a
man to fish story. Otherwise they will be on food stamps welfare for the rest of
If a business cannot afford to pay the full cost of doing business - which
includes paying a real wage to their employees - perhaps they should not be in
business. If we, as consumers, want the product or service a
business is providing, we should be willing to pay the full cost of that product
or service. Those who do not want that product or service should not
have their tax money used to support it - especially if the head of the company
and the stockholders are making hundreds of thousands, if not millions, of
I think that U.S. government and local governments should stop giving huge
corporations(Walmart) tax breaks and incentives if the workers of these
corporations are on government assistance. Why should the taxpayers subsidize
@ trekker: Many of those who work minimum wage jobs have a college education.
The problem us that "job creators" are not creating jobs. Additionally,
many high paying jobs require no college - education is not the answer - decent
wages are. The fastest growing industries in the US are retail and
food service - industries that don't require an education and that we allow
to pay low wages. In spite of claims to the contrary, it is
possible for companies like these to thrive while paying real wages and benefits
to their employees - examples of this are businesses like Costco and WinCo. Whether or not employees have a college education, taxpayers should not
be subsidizing businesses by paying for food, housing, and healthcare for their
Does anyone understand what "an entry level job is?"
Good letter. These large corporations are taking advantage of government
welfare programs (the taxpayer) to pick up the slack for their Scrooge wages,
just so they can turn an ever-increasing, year over year, double-digit profits
for their shareholders. Wall street has lost its way. Investors used to be
happy with just profitability, now they are only happy with those companies who
are exponentially profitable which has led to a decline in real wages and
reliance on government welfare programs. They have become the real government
trekker Salt Lake, UTThe bottom line is without a
college education to get higher paying jobs people don't have a chance,
there are few jobs that pay a decent wage without a degree. ========
Now necessarily.1. Many of those WITH college degrees
can't even get a "good" job anymore.2. There has not been a
"good" job market now for over 6 years, so wages have been stagnant to
receding.3. They are completely with college degrees and 5+ years
experience over jobs making barely $15 hour.4. Their debt to earning
ratios for that piece of paper is no longer a good investment of their time OR
money.So -- Why should one go into debt $50,000 to get a job
making $5 an hour more than minimum wage?And If they
aren't moving UP - no one else will either.Meanwhile -- GDP appears to go up, but the rich (1%) who produce nothing - but
collect the earnings of the actual producers are getting richer, and the poor
(the 99%) keep getting poorer.
May I nominate this for the Letter Of The Year Award?
@ Star Bright"Does anyone understand what "an entry level
job is?""I think we all do. However, do you not understand
that while these corporations are giving gigantic increases to their CEOs that
you are then paying (out of your tax dollars) to give their employees food
stamps and health care? How does that make any sense? I thought
repubs were concerned over how their taxes are spent. Lets use some
common sense here. Until employees at these corporations are compensated enough
to be off food stamps and medicaid, none of these CEOs should be paid.
Especially huge bonuses. It only makes sense. Think about it.
Re: "Does anyone understand what 'an entry level job is?'"If someone loses his job, people say he should take any job he can get.
Often minimum wage jobs are the only jobs available, but if he takes one, then
people criticize him for having an entry level job. If he simply must take such
lowly work, and it doesn't pay enough for him to live on, then he should
get a second and a third job. Then, while working three full-time jobs he should
somehow "improve his skill set," so that he can get a higher-paying
position.Forbes:"According to a recent survey ...
Millenials really are most likely to be employed in service industry jobs. So,
all those jokes about post-graduation latte pouring and t-shirt folding
haven't been in vain. And while it might be comforting to think of these
jobs as necessary way stations on the path to an upwardly mobile future ...
there's mounting evidence that the American labor market may never return
to its pre-recession composition. The future is already here and it brings with
it low-wage temporary or contract work as a way of life."
"The bottom line is without a college education to get higher paying jobs
people don't have a chance, there are few jobs that pay a decent wage
without a degree."And yet... The stats show that those who are
the highest unemployed are recent college grads. So what's the point of
getting yourself thousands in debt when you won't have a job once you
graduate?Here in America we don't have an education problem. We
have a problem with corporations completely gouging the American public. We are
being taken to the cleaners. When will we wake up?This isn't a
R or D issue. But an American worker issue. The time has come. Enough is enough!
Not to mention these so called job creators drain the economy more than any
person on food stamps does.
"Walmart employs about 2.1 million people, 2/3 of them in the U.S. Its 2012
revenue was 3x's that of Apple and 15x's that of McDonald's. A study in Wisconsin by the U.S. House Committee on Education and the
Workforce determined that a typical Walmart store costs taxpayers over $1.7
million/yr, or about $5,815 per employee. Four members of the
Walmart family made a combined $20 BILLION from their investments last year.
Less than half of that would have given every U.S. Walmart worker a $3/hr
raise."(Paul Buchheit, lead creator of Gmail)
On the topic of recent college grads having a high degree of unemployment, the
new reality is that grads not finding a job in their field are offered
internships that give both employee and employer a look at a prospective
career/prospective employee. This seems a great option for both sides, but here
again things went astray. The Supreme Court ruled this past term that employers
were taking advantage of interns by asking them to do work to benefit the
company but without pay. The Court had to set rules to assure that interns were
not being taken advantage of by unscrupulous employers who hire unpaid interns
instead of full time employees. The government is the only referee that can
prevent the abuses this letter and the comments review. The government
shouldn't compete with the private sector, but their is no other or better
referee for job market abuses.
The LDS Church had a great idea: to develop our own co-operative industrial
system in the then "State of Deseret". I wish that had worked out but
too many chose to go outside the system to buy products either more prestigious
or of a cheaper quality. One day I expect to see that system of home
manufactures given another try.Similarly we are concerned about how
WalMart treats its employees and the apparent fact that it could afford to pay
them substantially more. Nevertheless we are forgetting, it seems, that Walmart
is the biggest retailer of "Made in China" goods in the country. A
better solution would be to decrease our American corporate tax, currently the
highest in the world, so we could compete with Chinese manufactures and bring
industry home. We could, in this and other ways, "level the playing
field" so that home productions could thrive. Paul, and I believe Romney,
would or might have encouraged such a policy, though I think Romney's
general economic policy lacked sufficient specifics.Then again
Americans could, if they really wanted, begin by buying "Made in
America" where there is still an American product to be had.
Problem is, we, the people, don’t have any control over the people who
decide who pays taxes.If we, the people, can get control of our
government by clearing away the obstacles of our voting and removing the effect
of business, we may be able to improve our status and happiness. A
better plan would be for the government to hire all who wanted a job and at a
rate that makes the American dream possible. The cost of the program to be paid
for not by the CEOs but by a flat rate on all of business operations. Business would have the choice to pay the tax or hire the people at a rate
greater than the government pay. Either way we would have full employment and a
re:Gildas" A better solution would be to decrease our American
corporate tax, currently the highest in the world, so we could compete with
Chinese manufactures and bring industry home."The U.S. has
higher statutory tax rates, but lower "effective" tax rates than many
countries. The U.S. corporate tax burden is smaller than average
for developed countries. Corporations in 19 of the member states of the OECD
paid 16.1% of their profits in taxes between 2000 and 2005, on average, while
corporations in the U.S. paid 13.4%.The U.S. tax code offers so many
deductions, credits, and other mechanisms by which corporations can reduce their
taxes, the actual percentage of profits that U.S. corporations pay in taxes or
what analysts refer to as their effective tax rate is not high, compared to
other developed countries.(CBPP)Manufacturing jobs are in
China (India and other countries) due to wage rates (less than $2.00/hr) NOT
corporate tax rates.
Dane, it isn't "fraud" when a corporation pays it CEO, regardless
of the amount or the increase. It also isn't fraud that a corporation pays
its employees, even if their pay is very little. Rather, I think
you mean to say "poor management" and "poor decision making".
But not fraud.Rather than suggesting that corporations pay for food
stamps or other government entitlement programs, why don't you stop buying
things at McDonalds and Walmart? I am sure if enough people showed their
displeasure in these huge, grossly overpaid salaries to CEOs by not purchasing
things from such businesses, that there will be a greater and more immediate
impact and change.
WallMart, Halliburton, Bain Capital. How can any honest citizen find justice,
equality or a living wage when these Vulture Capitalists OWN the most lobbyists,
and OWN the most Politicians? What would it take to return power and
opportunity to the working class?
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.— About comments