I had this one this morning while out on one of my walks. It concerns a free market economy, bankruptcy, the bankrupt company’s employees, and what we ought to do about those employees.
In an ideal world’s free market, then, here is my gaseous expulsion. It comes against the backdrop of my long-held disdain for the citizens of one State being forced to send their tax dollars to another State via the mechanism of Federal transfer payments in order to indemnify the recipient against its own foolish spending. That backdrop also includes James Madison’s remark, on the occasion of Congress’ considering money transfers to Haitians after a devastating earthquake
There are 12 days left after their 5 September return from vacation, driven by the Obamacare requirement for health plan providers to commit by 17 September to selling their health plans for the next year or withdrawing, for Congress to pass a potful of legislation.
Two proposals regarding Obamacare are in the offing. One would shore up the funds transfer of Federal dollars to those providers who are losing money in ObamaMart, and the other instead would send that money as grants to the States to help them generate their own health coverage plan programs. This one also would eliminate the Individual Mandate.
Here’s an example, People’s Republic of China style. Including the fact that gender discrimination in the workplace is illegal in the PRC, while its governments at all levels blithely ignore those laws.
[A]bout 22% of women have experienced severe or very severe discrimination when seeking employment, according to Zhaopin Ltd, an online recruiter. … That percentage rose to about 43% for women with graduate degrees.
A trawl through job listings on Boss Zhipin, the recruitment site, showed some tech companies state explicitly that positions are just for men.
German businesses better add women to their governances. Or else Germany’s Großer Bruder will do it for them. Regardless of qualification.
Big German companies need to put more women on their executive boards, said Germany’s Women’s Affairs Minister Katarina Barley. The official threatened legal measures if the firms fail to fix the problem within the year.
Quotas just stigmatize those who got in via quota, whether they were truly qualified for the position or not. And those who are not, and so fail, only strengthen the stigma. Quotas are especially damaging to black women. My GP was contemptuously treated as a twofer in med school because she allegedly filled two squares: she’s a woman, and she’s black. It stinks.
At least 174 of the 184 lawmakers who support legislation raising the federal minimum wage to $15 per hour do not pay their interns, according to a recent Employment Policies Instituteanalysis.
It’s a bogus beef, though. Folks employed in minimum wage jobs are low-skill workers doing low-value work, and they’re doing it to build general work experience and ethic, to earn summer spending money, to earn money for college, to build a resume, to supplement an existing family income.
Recall the 2015 ruling by the National Labor Relations Board that said, via Browning-Ferris Industries v NLRB, that a joint employer was not an employer that shared direct control over a temp agency’s employees with that temp agency, as the long-established 1984 standard held, but that such a joint employer is one that exercises merely tenuous control.
The case is before the DC Circuit on appeal from the ruling. The Wall Street Journal is properly skeptical of the permanence of a favorable court outcome, as it is with the possibility of a reversing ruling by an NLRB populated with President Donald Trump appointees.
Is technology—automation—really going to kill jobs? No. As many, including me, have written before, automation is only going to shift the nature of jobs. Minimum wage laws are killing jobs, and will continue to and at increasing rates, by making robots cost effective despite their high up-front costs.
Wal-Mart, for instance, used to employ humans to track individual stores’ cash and manage their books. Now at roughly 4,700 Wal-Marts, roughly 4,700 of those employees have been replaced by a machine that can track the books and while counting bills and coins at rates of 480 and 3,000 per minute, respectively. Because it’s Wal-Mart, those folks, where they’ve wanted to, have taken jobs elsewhere in their store at the same pay, but those jobs are at risk, too. Cashiers are being replaced by automated check-out stands, for instance.
The positions are being eliminated, and the incumbents aren’t being offered positions elsewhere on the government’s teat payroll. The horror. The union-demanded, if not God-given, sinecures are not sinecures, after all. American Federation of Government Employees Local 704 President Michael Mikulka is quite vocal with his dismay.
EPA wants over 1,200 of us to leave, purportedly to save money going forward and claiming that they no longer need the positions occupied by staff that in some cases worked at EPA for over 30 years[.]
[United Food and Commercial Workers International Union President, Marc] Perrone plans to file a complaint to the Federal Trade Commission, arguing that letting Amazon buy Whole Foods would trigger a wave of store closures and eventually quash customer choice.
With a straight face, he argued in his complaint (which somehow fell into The Washington Post‘s hands before the filing) that
Regardless of whether Amazon has an actual Whole Foods grocery store near a competitor, their online model and size allows them to unfairly compete with every single grocery store in the nation.