Category Archives: Employment

That why Minimum Wage is a bad idea according to the economic analyst John Sneisen

Josh Sigurdson sits down with author and economic analyst John Sneisen to talk about the recent “disaster” in Seattle as the minimum wage is hiked to $13/hr following its recent hike to $11/hr.
As Josh had predicted in 2014, the minimum wage hike would lead to vast unemployment, poverty and cause businesses to look elsewhere to set up shop.
Well, the truth always prevails eventually!

According to the study,
“The numbers of hours worked by low-wage workers fell by *3.5 million hours per quarter*. This was reflected both in thousands of job losses and reductions in hours worked by those who retained their jobs.”

“The losses were so dramatic that this increase “reduced income paid to low-wage employees of single-location Seattle businesses by roughly $120 million on an annual basis.” On average, low-wage workers *lost* $125 per month.”

It’s basic economics and market principles to understand the inflation of the price of living as the wage is raised, all while employment crashes in an attempt to save the markets from total destruction. Everything the government does, the free market does better!

People have to understand the difference between the amount of money they get and actual value as value goes down as the wage is forced up.

Who benefits? McDonalds, Burger King, Walmart, the companies these “Fight for 15” activists say can afford to pay them more. Of course they can afford to pay them more, but that’s not the point. The small businesses can’t. That’s why Walmart and McDonalds support the wage hike. It leads to further monopolization and less competition in the market.
This also leads to massive job automation and will lead to vast long-term poverty rates.

Time to grasp reality folks! Just because something “sounds” good doesn’t mean it is.

The minimum wage hike begets poverty and inflation. This isn’t rocket science.

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Robots could take over 3.4 million human jobs thanks to Amazon Go’s new grocery stores

Source: Natural News
Date: 14 December 2016
Author: JD Heyes

(NaturalNews) For decades factories in the most advanced industrialized nations have been replacing human labor at a steady pace with robots. But today an explosion in robotics technology is leading to rapid advances in capability that will affect nearly all employment sectors—if not every single one. Continue reading Robots could take over 3.4 million human jobs thanks to Amazon Go’s new grocery stores

Keiser Report: Trumponomics (E993)

In this episode of the Keiser Report Max and Stacy address the policy vacuum of the President-elect by guessing what his policy toward fracking might be. If he wants to ‘save coal’, as he claims, it is fracking (a policy pushed by Hillary Clinton) that hurt coal mining more than environmental regulations. They also look at the false promise of genetically modified crops. In the second half Max continues his interview with Dr. Michael Hudson about what went wrong for Hillary.

Ten Reasons why Untied Kingdom Must Leave the EU

Date: 2 June 2016
Author: Adam Hamdy; filmmaker and writer

When I recently told a colleague that I want the UK to leave the EU, she expressed considerable dismay that someone of my background – mixed-race, working class, comprehensive education – was lining up with far-right racists. Such a misguided view of the people who support Brexit does a disservice to the millions of Britons up and down the UK, who are now in a majority that understands why it is morally, politically and economically essential for Britain to leave the EU. Continue reading Ten Reasons why Untied Kingdom Must Leave the EU

Why Brexit Must Happen | Paul Joseph Watson and Stefan Molyneux

On June 23rd, 2016, the United Kingdom determines if it will leave the European Union to re-embrace national sovereignty.

Paul Joseph Watson joins Stefan Molyneux to discuss the upcoming United Kingdom EU Referendum, the push to restore British national sovereignty, the consequences of unchecked immigration, the impact of the European Migrant Crisis, the danger of Turkey joining the EU, how burdensome EU regulations destroy businesses, economic scaremongering and the future of the European Union.

7 Signs You Should Leave Your Job (Sooner Rather Than Later)

Source:Time
Date: 5 January 2015
Author: Camilla Cho / The Muse

Do not get complacent and make time to regularly check in with yourself about your career happiness and goals

This post is in partnership with The Muse. The article below was originally published on The Muse.

We all get content at times, especially at a job that pays decently well and comes with a good group of co-workers. Maybe your job isn’t what you really want to do for the rest of your life, but you start convincing yourself, “This is fine—it’s not my dream job, but it’ll do for now.” Continue reading 7 Signs You Should Leave Your Job (Sooner Rather Than Later)

The War on Cars Is a War on Workers and the Poor

Source:Mises Daily
Date: 28 October 2015
Author: Gary Galles

A just-released poll of Los Angeles residents found that 55 percent of respondents indicated their greatest concern was “traffic and congestion,” far ahead of “personal safety” — the next highest area of concern — at 35 percent. So if their city government was working in their best interests, it would be doing something about automobile congestion.

It is. Unfortunately, it will make things worse.

Los Angeles’s recently adopted Mobility Plan 2035 would replace auto lanes in America’s congestion capital with bus and protected bike lanes, as well as pedestrian enhancements, despite heightening congestion for the vast majority who will continue to drive. Even the City’s Environmental Impact Report admitted “unavoidable significant adverse impacts” on congestion, doubling the number of heavily congested (graded F) intersections to 36 percent during evening rush hours. Continue reading The War on Cars Is a War on Workers and the Poor

Monsanto to Cut 2,600 Jobs as GMO Seed Sales Fall

Source:Natural Society
Date: 8 October 2015
Author: Anthony Gucciardi

It’s not looking too good for everyone’s favorite GMO seed giant. With sales figures crashing down, Monsanto has announced a plan to cut 2,600 jobs in an effort to cut costs — about 11.6% of the workforce.

And this isn’t the first time Monsanto has experienced a serious slump in sales. Back in February of this year, I told you about the ‘beginning of the serious decline’ for both Monsanto and McDonald’s. It’s a notion that would be considered absolutely absurd not too long ago, really. McDonald’s and Monsanto were the two ‘juggernauts’ that everyone loved to hate, but felt powerless against. Continue reading Monsanto to Cut 2,600 Jobs as GMO Seed Sales Fall

Hawking: Greedy capitalists may pocket wealth as robots replace human workers

Source: RT
Date: 9 October 2015

Renowned physicist Stephen Hawking’s latest Apocalyptic prediction involves neither colonizing aliens nor malicious artificial intelligence – just plain old human greed.

The scientist was commenting on so-called technological unemployment, a trend of automatization taking over the jobs that previously required humans. According to some estimates, in a matter of decades robots may become better and cheaper than humans in most tasks and make most of the human workforce unemployable.

Hawkins believes that in such a scenario we should expect not prosperity but drastic economic inequality in the future.

“If machines produce everything we need, the outcome will depend on how things are distributed,” he said in a Reddit Ask Me Anything session Thursday.

“Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.”

Hawkins’ previous predictions of emerging threats dealt with automatic weapons controlled by artificial intelligence (AI) and the potential dangers of actively searching for alien life.

Economic inequality is a problem growing worse in developed countries. According to the OECD, the situation is worse than 30 years now, with the US and Israel performing worst.