Pay and Pension in the White House

[wdmso]

liberalism has zero to do why people are moving south and west ..

its about low housing costs and jobs namely Auto (non union) and gas and oil and baby boomers retirements moving south
why stay in MA making 15 bucks an hour when you can go to Tennessee make around the same and be able to afford your own place

Jobs in the NE have no longer manufacture based those commpanys screwed their employees in the 70s and 80's 90s and 2000s


Polaroid Corporation filed for federal bankruptcy protection on October 11, 2001

left executives of the company with large bonuses, while stockholders, as well as current and retired employees, were left with nothing.
lets not for get enron or the Subprime mortgage crisis but now we have a de regulation POTUS who will remove the regulation from the same industries . who created the need to impose the regulation in the 1st place???

Americans today are aware that corporate pensions have been virtually eliminated and that the few remaining private, as well as the nation’s public pensions, are in jeopardy. Even if you are among the lucky few that have a pension, you cannot rest assured that it will be there for all the years you’ll need it. Whether you know it or not, someone is busy trying to figure how to screw you out of your pension.

Americans also know the great 401k experiment of the past 30 years has been a disaster. It is now apparent that 401ks will not provide the retirement security promised to workers.

The signs of the coming retirement crisis are all around you. Who’s bagging your groceries: a young high school kid or an older “retiree” who had to go back to work to supplement his income or qualify for health insurance?

Faith in Companys and their big Tax break is unfounded and another nail in the coffin of the middle class

https://www.forbes.com/sites/edwards.../#b411c055b6fb

http://www.pewtrusts.org/en/research...uth-west-again

[DZ]

WD - good advice. Before anyone relocates they should definitely look into the state and local pension obligations they have. Many communities have been over generous with tax payer funded public pensions. Taxpayers are now on the hook and taxes will overburden these communities/states.

[Jim in CT]

Originally Posted by wdmso

liberalism has zero to do why people are moving south and west ..

You say people want to move to places that have a low cost of living and cheaper housing and better economic prospects. But you deny that has any connection to liberalism or conservatism.

Unless an individual wants to live near Manhattan or Boston so badly that they are willing to pay through the nose, then New England is a ripoff. Except for New Hampshire. But you see no political connection.

Enjoy your denial-fest.

[wdmso]

Originally Posted by Jim in CT

You say people want to move to places that have a low cost of living and cheaper housing and better economic prospects. But you deny that has any connection to liberalism or conservatism.

Unless an individual wants to live near Manhattan or Boston so badly that they are willing to pay through the nose, then New England is a ripoff. Except for New Hampshire. But you see no political connection.

Enjoy your denial-fest.

its called seeing the world with both eyes open

you use the word liberalism as a universal cause to everything

the past 63 years since 1952 40 of those years republicans held the white house

the other 23 years the Dems

whos in denial??? not I

[detbuch]

Originally Posted by wdmso

its called seeing the world with both eyes open

you use the word liberalism as a universal cause to everything

the past 63 years since 1952 40 of those years republicans held the white house

the other 23 years the Dems

whos in denial??? not I

What does that have to do with the taxes and cost of living in the states?

[Jim in CT]

Originally Posted by wdmso

its called seeing the world with both eyes open

you use the word liberalism as a universal cause to everything

the past 63 years since 1952 40 of those years republicans held the white house

the other 23 years the Dems

whos in denial??? not I

"you use the word liberalism as a universal cause to everything"

Not remotely true. I agree with liberals on gay marriage and the death penalty. I'm no thoughtless zombie. But in terms of economics, liberalism has almost a 100% failure rate in this country. I don't say that because I happen to like it. I say it, because it's true.


"the past 63 years since 1952 40 of those years republicans held the white house

the other 23 years the Dems "

Many things wrong with that statement. First, "republican" doesn't always mean "conservative". Hell, Bill Clinton was a Democrats who implemented VERY conservative economic principles, and it worked spectacularly well. also, the legislature is where the action is, they write laws and craft budgets. Not the executive. Not usually, anyway...executive orders are changing that a bit.

"whos in denial??? "

You.

[wdmso]

Originally Posted by Jim in CT

"you use the word liberalism as a universal cause to everything"

Not remotely true. I agree with liberals on gay marriage and the death penalty. I'm no thoughtless zombie. But in terms of economics, liberalism has almost a 100% failure rate in this country. I don't say that because I happen to like it. I say it, because it's true.


"the past 63 years since 1952 40 of those years republicans held the white house

the other 23 years the Dems "

Many things wrong with that statement. First, "republican" doesn't always mean "conservative". Hell, Bill Clinton was a Democrats who implemented VERY conservative economic principles, and it worked spectacularly well. also, the legislature is where the action is, they write laws and craft budgets. Not the executive. Not usually, anyway...executive orders are changing that a bit.

"whos in denial??? "

You.

"republican" doesn't always mean "conservative". Wow thats your defense ... the Rino argument your to funny

[scottw]

FedEx announced wage increases, employee bonuses and pension funding on Friday, citing the new Republican-backed tax-reform plan.

The company announced that two-thirds of $200 million in increased compensation will go to hourly employees, while the remainder will be put toward performance-based incentive plans for salaried employees.

FedEx also said $1.5 billion will be put toward the company's pension plan and another $1.5 billion would go toward expanding the company's hub in Indianapolis.


"FedEx believes the Tax Cuts and Jobs Act will likely increase [gross domestic product] and investment in the United States," the company said on its website.



Home Depot said on Thursday it would be giving a $1,000 bonus to employees who have worked at Home Depot at least 20 years, according to CNBC.

Starbucks announced new raises for its employees on Wednesday, while JPMorgan Chase and Disney said on Tuesday they would give their employees raises and bonuses as a result of tax reform.

http://thehill.com/policy/finance/37...mid-tax-reform

[Jim in CT]

Originally Posted by scottw

FedEx announced wage increases, employee bonuses and pension funding on Friday, citing the new Republican-backed tax-reform plan.

The company announced that two-thirds of $200 million in increased compensation will go to hourly employees, while the remainder will be put toward performance-based incentive plans for salaried employees.

FedEx also said $1.5 billion will be put toward the company's pension plan and another $1.5 billion would go toward expanding the company's hub in Indianapolis.


"FedEx believes the Tax Cuts and Jobs Act will likely increase [gross domestic product] and investment in the United States," the company said on its website.



Home Depot said on Thursday it would be giving a $1,000 bonus to employees who have worked at Home Depot at least 20 years, according to CNBC.

Starbucks announced new raises for its employees on Wednesday, while JPMorgan Chase and Disney said on Tuesday they would give their employees raises and bonuses as a result of tax reform.

http://thehill.com/policy/finance/37...mid-tax-reform

Oh stop it, everyone knows this is only helping the super rich.

[wdmso]

Originally Posted by scottw

FedEx announced wage increases, employee bonuses and pension funding on Friday, citing the new Republican-backed tax-reform plan.

The company announced that two-thirds of $200 million in increased compensation will go to hourly employees, while the remainder will be put toward performance-based incentive plans for salaried employees.

FedEx also said $1.5 billion will be put toward the company's pension plan and another $1.5 billion would go toward expanding the company's hub in Indianapolis.


"FedEx believes the Tax Cuts and Jobs Act will likely increase [gross domestic product] and investment in the United States," the company said on its website.



Home Depot said on Thursday it would be giving a $1,000 bonus to employees who have worked at Home Depot at least 20 years, according to CNBC.

Starbucks announced new raises for its employees on Wednesday, while JPMorgan Chase and Disney said on Tuesday they would give their employees raises and bonuses as a result of tax reform.

http://thehill.com/policy/finance/37...mid-tax-reform

Its a 1 time dog and pony show .. a pr stunt to look as if they are giving back , and not funneling all the money back to share holder's and to praise dear leader .... was in Walmart today only 4 check out lines open ... looks like they toldeveryone they increased the pay but failed to say they cut the hours

[Jim in CT]

Originally Posted by wdmso

"republican" doesn't always mean "conservative". Wow thats your defense ... the Rino argument your to funny

it's not my defense, it's fact. In terms of economic policy, Bill Clinton was conservative.

Truth is, I'm not funny, I am hysterical. But this is still fact.

[wdmso]

Originally Posted by Jim in CT

But you deny that has any connection to liberalism or conservatism.

liberalism or conservatism. isn't left behind when you move to another state .. thats in your imagination

What about the states that are experiencing an exodus? Here is that list in order:

New Jersey
New York
Illinois
Connecticut
Ohio
Kansas
Massachusetts
West Virginia
Mississippi
Maryland

these states are all “true blue.” people are leaving these states on the quest for economic prosperity.

not to find political nirvana

[spence]

Originally Posted by Jim in CT

You say people want to move to places that have a low cost of living and cheaper housing and better economic prospects. But you deny that has any connection to liberalism or conservatism.

Unless an individual wants to live near Manhattan or Boston so badly that they are willing to pay through the nose, then New England is a ripoff. Except for New Hampshire. But you see no political connection.

Enjoy your denial-fest.

Has less to do with politics and more just about macro trends.

[detbuch]

Originally Posted by spence

Has less to do with politics and more just about macro macaroni trends.

Fixed

[spence]

Originally Posted by detbuch

Fixed

Is that on the menu?

[detbuch]

Originally Posted by spence

Is that on the menu?

Simply pick whatever fancy, trendy word you wish to portray what it is "more just about," stick it in your political hat, and call it macaroni.