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Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.

 
Anonymous Coward
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05/08/2021 08:54 AM
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Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Biden's $4 trillion infrastructure plan promises to raise wages for some workers and create many jobs.
The spending plans resemble what Henry Ford and Jeff Bezos did: both founders raised wages as their companies grew.
Ford and Bezos increased productivity, which signals that Biden's plan could lift the middle class.

President Joe Biden is a man of the middle class. At least, he's trying to be.

He wants "good jobs, blue-collar jobs, jobs that pay well," he said in a White House conference at the end of March. And he wants to give the middle class a raise.

His two-part infrastructure package, promises to, if passed by Congress, create millions of jobs and give workers a raise. "It's time to build our economy from the bottom up and from the middle out," he said while unveiling the package last month.

Just how many jobs his package would create is definitely in the millions, but the exact number is unclear. The Biden administration has been messaging that the $2.3 trillion American Jobs Plan would result in 19 million jobs over the next decade, citing a report from Moody's Analytics. But that report actually says 16.3 million jobs would come from natural job growth and the $1.9 stimulus legislation, and so 2.6 million new jobs would come from the infrastructure package. But that's still a lot of jobs.

As Insider's Joseph Zeballos-Roig reported at the culmination of Biden's first 100 days, this approach marks a break with 40 years of presidential politics, when the nation's chief executive incentivized big business, aka the private sector, to take the wheel. But it shares something in common with two of the greatest corporate chief executives ever: Henry Ford and Jeff Bezos.

Raising wages has already been a big issue during Biden's first months as president. He campaigned on raising the minimum wage from $7.25 to $15, but the $15 proposal was struck from his stimulus plan for not meeting the rules of budget reconciliation. Now, the job-market recovery is faltering while employers are largely not raising wages, and April surprised to the downside with a gain of just 266,000 jobs. The average worker hasn't received a raise since the 1970s, with hourly inflation-adjusted wages only growing by 0.2% a year. The average wage as of 2018 had the same purchasing power as it did 40 years ago, according to Pew.

[link to www.businessinsider.com (secure)]
Anonymous Coward (OP)
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05/08/2021 08:54 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
that's our DOMINION VOTING MACHINES president 5a
BRIEF

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05/08/2021 08:56 AM

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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Spending on infrastructure is always good...Overpaying people for services is not beneficial, as it undermines the integrity of the market, the integrity of the system...

Last Edited by BRIEF on 05/08/2021 08:56 AM
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

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05/08/2021 08:59 AM

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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
If you look at it in the extreme, a person putting soap in a box all day long and making $100/hour, he knows he is not worth the price...A monkey can do his job, and therefore takes away his self-esteem and overall worth...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

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05/08/2021 09:01 AM

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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Minimum wage jobs are supposed to be uncomfortable! It's designed to motivate you to better yourself...Waitresses get paid $2/hour to motivate them to get tips for great service...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

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05/08/2021 09:02 AM

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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
The children do not get to dictate their allowance, period.
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
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05/08/2021 09:09 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
If you look at it in the extreme, a person putting soap in a box all day long and making $100/hour, he knows he is not worth the price...A monkey can do his job, and therefore takes away his self-esteem and overall worth...
 Quoting: BRIEF


Sadly, we are not living in the same era where the work-value pay is commensurate with basic living. It's NOT. Inflation and cost of living is so high now that a roof over your head, heat, water, gas and other necessary bills and taxes paid, and food on the table requires at least 20 an hour and someone to share in the rent. Anything less and you ain't making it. Which means you are falling behind on one or more of the basics....
Anonymous Coward
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05/08/2021 09:14 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
The children do not get to dictate their allowance, period.
 Quoting: BRIEF


Ah shut the fuck up you money grubbing pedophile piece of steer shit.
 Quoting: Anonymous Coward 80340293


Figure it out, slaves.

Anonymous Coward
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05/08/2021 09:14 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Need $30 an hour to support the workers that do the jobs no one else wants to do. Time to stop taking advantage of them. Their jobs are just as important as the owners of the company.
Anonymous Coward
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05/08/2021 09:15 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Considering henry ford was a NAZI no doubt biden would goose step to his tune
Anonymous Coward
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05/08/2021 09:15 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Need $30 an hour to support the workers that do the jobs no one else wants to do. Time to stop taking advantage of them. Their jobs are just as important as the owners of the company.
 Quoting: Anonymous Coward 74964731


Thoight thats what the dems were inporting mexicans for.
Anonymous Coward
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05/08/2021 09:16 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
KEEP BELIEVING LIES YOU GOD DAMN ASSHOLES
Anonymous Coward
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05/08/2021 09:17 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Even at 20 an hour, most people will simply not be able to save even 50 a month. They will always be behind the 8 ball and anything that comes up in terms of maintenance issues, car issues, health issues just puts you back in debt for ever. That's a fact. A household income of 50,000 a year is really a minimum in this day and age, Anything less and you are struggling with managing bills and saving money.
Anonymous Coward
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05/08/2021 09:19 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Need $30 an hour and one job per family in order to fix American families.
Anonymous Coward
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05/08/2021 09:26 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Spending on infrastructure is always good...Overpaying people for services is not beneficial, as it undermines the integrity of the market, the integrity of the system...
 Quoting: BRIEF


what market? What system? It's been compromised to the nth degree. A REAL market would not be constantly bailing out private companies and corporations, while utterly destroying the little retirement savings of the populace, would not be subsidizing their parasitical growth, would not be creating loopholes for not paying taxes, etc....its a big club, but the average man is certainly NOT in it.
Anonymous Coward
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05/08/2021 09:30 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Spending on infrastructure is always good...Overpaying people for services is not beneficial, as it undermines the integrity of the market, the integrity of the system...
 Quoting: BRIEF


So does underpaying people

Wages are supposed to keep up with inflation but they have not


This is a serious problem

When inflation out paces wages for this long there is serious consequences

People cannot afford housing or baiscs
Mr Samuel Colt

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05/08/2021 09:31 AM

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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Biden's $4 trillion infrastructure plan promises to raise wages for some workers and create many jobs.
The spending plans resemble what Henry Ford and Jeff Bezos did: both founders raised wages as their companies grew.
Ford and Bezos increased productivity, which signals that Biden's plan could lift the middle class.

President Joe Biden is a man of the middle class. At least, he's trying to be.

He wants "good jobs, blue-collar jobs, jobs that pay well," he said in a White House conference at the end of March. And he wants to give the middle class a raise.

His two-part infrastructure package, promises to, if passed by Congress, create millions of jobs and give workers a raise. "It's time to build our economy from the bottom up and from the middle out," he said while unveiling the package last month.

Just how many jobs his package would create is definitely in the millions, but the exact number is unclear. The Biden administration has been messaging that the $2.3 trillion American Jobs Plan would result in 19 million jobs over the next decade, citing a report from Moody's Analytics. But that report actually says 16.3 million jobs would come from natural job growth and the $1.9 stimulus legislation, and so 2.6 million new jobs would come from the infrastructure package. But that's still a lot of jobs.

As Insider's Joseph Zeballos-Roig reported at the culmination of Biden's first 100 days, this approach marks a break with 40 years of presidential politics, when the nation's chief executive incentivized big business, aka the private sector, to take the wheel. But it shares something in common with two of the greatest corporate chief executives ever: Henry Ford and Jeff Bezos.

Raising wages has already been a big issue during Biden's first months as president. He campaigned on raising the minimum wage from $7.25 to $15, but the $15 proposal was struck from his stimulus plan for not meeting the rules of budget reconciliation. Now, the job-market recovery is faltering while employers are largely not raising wages, and April surprised to the downside with a gain of just 266,000 jobs. The average worker hasn't received a raise since the 1970s, with hourly inflation-adjusted wages only growing by 0.2% a year. The average wage as of 2018 had the same purchasing power as it did 40 years ago, according to Pew.

[link to www.businessinsider.com (secure)]
 Quoting: Anonymous Coward 75986194


Get this propaganda outta here. The only playbook that this crime boss is following is that of alinsky, marx and the recent hussien obama

bezos is a fucking ripe turd
Mr Samuel Colt
Anonymous Coward
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05/08/2021 09:33 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
So... 4 trillion to create 2.6 million jobs?

If you just divided 4 trillion dollars among 2.6 million people, it would be 1.5 million each.
Anonymous Coward
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05/08/2021 09:34 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Need $30 an hour and one job per family in order to fix American families.
 Quoting: Anonymous Coward 74964731


That's about right nowadays. It ain't the 1950s and 60's anymore. It's the old white men running the show who truly have no idea what things cost anymore...they dont buy anything -- their wives do and they have plenty of money from times past when life was real and not a nightmare. They dont know that real orange juice costs nearly 4 dollars and fake orange juice 3.

Yes, there was a time in the distant past where you could work your way through school without ever getting a loan. Nowadays, books alone per semester runs about $1000. Health insurance is required, tuition demands a loan...it's just that damn high, many students are on food stamps in order to eat....it's a damn nightmare.

It goes on.
Anonymous Coward
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05/08/2021 09:34 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
The children do not get to dictate their allowance, period.
 Quoting: BRIEF


Ah shut the fuck up you money grubbing pedophile piece of steer shit.
 Quoting: Anonymous Coward 80340293


Figure it out, slaves.


 Quoting: Anonymous Coward 80340293


Thread: Both Capitalism and Socialism Don't Work

Winning.
Anonymous Coward
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Sweden
05/08/2021 09:39 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
The children do not get to dictate their allowance, period.
 Quoting: BRIEF


Ah shut the fuck up you money grubbing pedophile piece of steer shit.
 Quoting: Anonymous Coward 80340293


Figure it out, slaves.


 Quoting: Anonymous Coward 80340293


Thread: Both Capitalism and Socialism Don't Work

Winning.

 Quoting: Anonymous Coward 80305832


[link to www.godlikeproductions.com]


The proof is in the pudding.


epiclol
Anonymous Coward
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05/08/2021 09:49 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
There was a time where a once income single family worker from 18 years old to retirement could take care of his family, buy a home, a car, build his savings, and live a life of dignity. That is long gone,

The people in charge have to wake up to the reality of cost of living. Wages have fallen far behind since the early 1970's....and are so incredibly far behind that it truly takes 2 person incomes, multiple jobs and a very lucky life to not fall into perpetual poverty and perpetual debt.

This economic divergence has contributed to the fall of the nuclear family with a single male provider and a female keeper of the home, hearth and proper raising of children.
Anonymous Coward
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United States
05/08/2021 10:06 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
There was a time where a once income single family worker from 18 years old to retirement could take care of his family, buy a home, a car, build his savings, and live a life of dignity. That is long gone,

The people in charge have to wake up to the reality of cost of living. Wages have fallen far behind since the early 1970's....and are so incredibly far behind that it truly takes 2 person incomes, multiple jobs and a very lucky life to not fall into perpetual poverty and perpetual debt.

This economic divergence has contributed to the fall of the nuclear family with a single male provider and a female keeper of the home, hearth and proper raising of children.
 Quoting: Anonymous Coward 78463094


No one cares.

Most especially the dear readers of this forum.

Not one of you will do anything different tomorrow than you did yesterday.


epiclol
Anonymous Coward
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05/08/2021 10:08 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
The children do not get to dictate their allowance, period.
 Quoting: BRIEF


Ah shut the fuck up you money grubbing pedophile piece of steer shit.
 Quoting: Anonymous Coward 80340293


Figure it out, slaves.


 Quoting: Anonymous Coward 80340293


Thread: Both Capitalism and Socialism Don't Work

Winning.

 Quoting: Anonymous Coward 80305832


Do note the date and consider ALL that has transpired since.
Anonymous Coward
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05/08/2021 10:15 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
His infrastructure is really just another way of saying he's giving handouts. So, dems putting so much more money into the system, which has already seen huge price increases due to inflation w/the stimulus, might raise wages some. But a lot of good that's going to do when a bell pepper costs you $5 and a McDonald's meal $20. And then he will still expect old people to live on their $1400 average Social Security checks. Dems have always had the brains of a grasshopper.
REaliZe

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05/08/2021 10:16 AM

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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
A+ propaganda. I mean, really. Great stuff.
There's. A. H0le. In. The. Sky.
Icey

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05/08/2021 10:20 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Biden's $4 trillion infrastructure plan promises to raise wages for some workers and create many jobs.
The spending plans resemble what Henry Ford and Jeff Bezos did: both founders raised wages as their companies grew.
Ford and Bezos increased productivity, which signals that Biden's plan could lift the middle class.

President Joe Biden is a man of the middle class. At least, he's trying to be.

He wants "good jobs, blue-collar jobs, jobs that pay well," he said in a White House conference at the end of March. And he wants to give the middle class a raise.

His two-part infrastructure package, promises to, if passed by Congress, create millions of jobs and give workers a raise. "It's time to build our economy from the bottom up and from the middle out," he said while unveiling the package last month.

Just how many jobs his package would create is definitely in the millions, but the exact number is unclear. The Biden administration has been messaging that the $2.3 trillion American Jobs Plan would result in 19 million jobs over the next decade, citing a report from Moody's Analytics. But that report actually says 16.3 million jobs would come from natural job growth and the $1.9 stimulus legislation, and so 2.6 million new jobs would come from the infrastructure package. But that's still a lot of jobs.

As Insider's Joseph Zeballos-Roig reported at the culmination of Biden's first 100 days, this approach marks a break with 40 years of presidential politics, when the nation's chief executive incentivized big business, aka the private sector, to take the wheel. But it shares something in common with two of the greatest corporate chief executives ever: Henry Ford and Jeff Bezos.

Raising wages has already been a big issue during Biden's first months as president. He campaigned on raising the minimum wage from $7.25 to $15, but the $15 proposal was struck from his stimulus plan for not meeting the rules of budget reconciliation. Now, the job-market recovery is faltering while employers are largely not raising wages, and April surprised to the downside with a gain of just 266,000 jobs. The average worker hasn't received a raise since the 1970s, with hourly inflation-adjusted wages only growing by 0.2% a year. The average wage as of 2018 had the same purchasing power as it did 40 years ago, according to Pew.

[link to www.businessinsider.com (secure)]
 Quoting: Anonymous Coward 75986194


bsflag
I am SNOWIE. WELCOME TO THE NEW ICE AGE. TRY NOT TO STARVE.
BRIEF

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05/08/2021 11:28 AM

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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
If you look at it in the extreme, a person putting soap in a box all day long and making $100/hour, he knows he is not worth the price...A monkey can do his job, and therefore takes away his self-esteem and overall worth...
 Quoting: BRIEF


Sadly, we are not living in the same era where the work-value pay is commensurate with basic living. It's NOT. Inflation and cost of living is so high now that a roof over your head, heat, water, gas and other necessary bills and taxes paid, and food on the table requires at least 20 an hour and someone to share in the rent. Anything less and you ain't making it. Which means you are falling behind on one or more of the basics....
 Quoting: Anonymous Coward 78463094


Minimum wage is not tied to a living wage. You cannot force it to comply with your wishes. It's a mathematical ratio that must be allowed to dictate it's own value.
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
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05/08/2021 11:34 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
"Don't worry, I'm a good person, I'm here to help you... but take the jab first."

Anyone who falls for this crap deserves what's coming.
Anonymous Coward
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05/08/2021 11:37 AM
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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
Minimum wage jobs are supposed to be uncomfortable! It's designed to motivate you to better yourself...Waitresses get paid $2/hour to motivate them to get tips for great service...
 Quoting: BRIEF


No,. The waitresses in your state get paid $2/hr because businesses are to cheap to pay their waitresses more.


Waitresses in my state get $9/hr plus tips....minimum...and most places pay more.......guess what? Service at most restaurants are still excellent.

Service with a smile...and won't spit in my food next time I visit if I don't tip well this time.
DakotaRose

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05/08/2021 11:42 AM

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Re: Biden's spending plans could lift wages from the bottom up. It's a page out of Jeff Bezos' playbook — or Henry Ford's.
If you look at it in the extreme, a person putting soap in a box all day long and making $100/hour, he knows he is not worth the price...A monkey can do his job, and therefore takes away his self-esteem and overall worth...
 Quoting: BRIEF


Sadly, we are not living in the same era where the work-value pay is commensurate with basic living. It's NOT. Inflation and cost of living is so high now that a roof over your head, heat, water, gas and other necessary bills and taxes paid, and food on the table requires at least 20 an hour and someone to share in the rent. Anything less and you ain't making it. Which means you are falling behind on one or more of the basics....
 Quoting: Anonymous Coward 78463094


hesright
Waiting for Yeshua





GLP