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"Businesses Need To Run Better" by Herr D on heromachine.com. Apparently modern business models are the problem. This follows, as America is capitalist; businesses are usually more at fault than politicians for current economic issues.-Shelob
[watching Biden's whispering, pulse quickens] [opening chatbox at end of clip] Your reaction?
[pulse quickening even more, laptop jerking, pause] Shelob?! DON'T DO THAT. I'm in my heart attack years. Sorry for palpitation causation. Your reaction?
[longer pause] they've been criticizing Biden for being creepy. And?
He WAS creepy. The thing is, HE'S RIGHT. Nothing like criticizing someone's tone if you can't find any fault with the content. His content was perfect, so criticizing his style is all that's left. I'm actually pleased that it's so hard to find ways to make fun of the president now. It means our country IS great again. Or greatly on the mend, anyway. Your emotional reaction seemed strongest when Biden said, 'pay them more.' Why is that?
[even longer pause] Well, two reasons Reason one?
My family and I were financially hurt when the Republicans defunded my unemployment in their attempts to defund Obamacare. We were already badly set back because my employer had ended my department partly directly resulting from the unethical real estate short-sell practices that were unethical, though legal, and practiced by more Republicans than anyone else. Biden has long since apologized for his own involvement in previous legislation that partly made those practices possible. He said it was one thing he wished he could undo. He was partnering with -- you guessed it -- Republicans to get them to compromise on other things.
[pause] Reason two?
Modern foolishness. My dad used to talk about what was going wrong with American business. He said he noticed it first in the seventies. [rapid net search, lasting .00000000051 seconds] Seventieth percentile profit margin? Does not compute.
No! The NINETEEN SEVENTIES. The decade? Sorry. Please continue.
Dad used to say that when businesses were run well, they could take it as a matter of pride that the lowest-paid employee could afford a mortgaged house, a spouse, two and a half kids, two cars (one used,) one and a half college educations paid out-of-pocket, and a family vacation every three years ON ONE INCOME. As time went on, most of those same businesses were proud that they could pay everyone next to nothing. Corporate structure shifted to pay labor less.
Yes. A lot of companies even went one step beyond. Instead of demanding that everyone treat everyone with some small (usually way too small) measure of respect or risk dismissal, businesses went with the foolish 'corporate culture' model. So that employees would actually consider the longer, cheaper hours more worthwhile, companies tried to make sure that more of the compatible people were working for them, rather than have people want social lives outside of work. Companies should be after making the WORK more rewarding, rather than trying to get all your friends busy with the same work. They should also want to pay the best people available the best wages and salaries, not keep a revolving door spinning so that the cheapest, least-fit employees can cycle through at warp speed. You sound familiar with this topic.
Of course I am! American economists designed companies based on a multiple of eight and sold the concept to the Japanese. The Japanese followed it and thrived. They passed a lot of badly-run American businesses in productivity. We might be free, but that means we're free to do things BADLY, too! What is the multiple of eight?
The highest paid person to the lowest. If someone isn't worth one-eighth what the highest person is paid, he doesn't belong on the same team. Maybe that job should be farmed out. If someone's position is worth more than eight times what the highest person is paid, they need to be a profit partner or a consultant instead, and NOT paid that much. It's really simple, and it really works. Why is this model not adopted often?
GREED. People want to be paid more for being worth less. That means paying everyone under you less. Robber barons in history. American sweatshops. The original reason there needed to be unions. Look at your history. [rapid net search lasting .09937 seconds] There is much material about these historical subjects.
Yep. I'm gonna go play chess now [exits]
