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Posts Tagged ‘September’

“Behind modest jobs growth, the real story is full-time jobs with good benefits are still disappearing. America’s going part-time.” This is a trend that’s been going on for some time, at least since President Ronald Reagan. That’s because the Republicans and Democrats are trying to turn the USA into a banana republic by continuously redistributing income from the 99 to the 1 percent via government legislation.

Click below for an analysis of the recent job numbers, as well as an analysis of the legislation that has been successfully pursued by the 1 percent in their financial rape of the 99 percent; this rape has occurred in the corridors of congress and the white house, successfully prosecuted by such agents of the 1 percent as Wall Street Senator Ron Wyden.

jobs-numbers-quantity-quality–The Guardian UK

eight-key-charts-about-the-growing-income-inequality-in-the-united-states–JohnHively.wordpress.com

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A few days ago, the New York Times announced that thousands of workers had (and are still) rioting at the Foxconn Technology factory in Taiyuan, China. Five thousand police had to be called in to quell the riot. Windows were shattered, police cars overturned and fires were set.

One source reported that components for the Apple I-Phone number five are made at the factory.

The cause of the riot is not clear, but some sources say there was an incident between security and workers that triggered the riot. But the reason is probably more widespread than that.

Why are these jobs overseas? The authors of the story, David Barboza and Keith Bradsher, report that “Analysts say worker unrest in China has grown more common because workers are more aware of their rights, and yet have few outlets to challenge or negotiate with their employers.”

In other words, beside the massive difference in pay between workers in the US and in China, the Chinese workers have virtually no rights in the workplace to negotiate pay increases, hours worked, overtime pay, as well as health, safety and environmental standards.

Foxconn has had problems with workers committing suicide on-the-job last year at one of their factories that produced exclusively for Apple, Inc. Here’s another fact; this riots demonstrates that the race to the bottom in China continues, as well as in the USA. The difference between the old wages here in the USA, as well as the higher amount of dollars needed to maintaining higher factory standards, worker safety and environmental standards here, compared to in China, go into the pockets of the rich, (such as the late Steve Jobs, Bill Gates and Wall Street Mitt the Complete Twit Romney) via higher corporate earnings, surging dividends, and rising share prices. That’s why the jobs are in China and not in the USA, where they belong. Standards are higher in the USA.

The rest of us 99 percenters are made to suffer lower standards of living, as our income is redistributed to the 1 percent via trade treaties that all US jobs to be exported or created in foreign nations.

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