The tax bills are in conference to hammer out the details for one big f*cking of the Middle Class……I have read what parts are not scribbled in some lobbyist lingo and found the one part that is most disturbing to me.
In my younger days I was a labor organizer for the IWW, yes I was a Wobbly and if you do not know that term then you are too young …….and as an organizer I fought hard for workers to to re-trained when their jobs were either outsourced or replaced by machines…..the new tax bill will screw the worker hard and with a smile…..
The section I am referring to…….
Encouraging corporations to automate ― without any help for displaced workers.
A provision of the tax bill would allow companies to deduct from their taxable income the entire cost of certain kinds of business investments that were previously only eligible for a 50 percent deduction. Traditionally, manufacturing firms and other infrastructure-heavy companies took advantage of the deduction to buy new factory equipment.
But the increase in the deduction comes at a time when corporations are investing in automation of their production facilities through the use of robots and artificial intelligence technology, noted Robert Kovacev, a corporate tax attorney for the Steptoe & Johnson law firm in Washington, D.C.
“It’s going to accelerate spending, basically, on robots that could displace workers,” Kovacev told HuffPost.
Kovacev is supportive of the deduction, because automation is likely to increase productivity ― defined as the amount of economic output generated per work-hour. And many experts maintain that, over the long run, this type of technological disruption is a net job creator.
That is likely to serve as cold comfort, however, for the mostly blue-collar workers displaced by automation in the short term. And Congress chose to speed up the automation process without any companion measures to offset the fallout for affected workers.
“It would be a good idea to pair this with a tax incentive to encourage companies either to employ more human workers or retrain them for jobs in the new economy,” Kovacev said.
Some progressive lawmakers have other ideas about how to address the harm caused by automation. For example, San Francisco County Supervisor Jane Kim has explored the idea of implementing a ”robot tax” on companies for every robot they employ to perform a job previously done by humans. The revenue raised by the tax would fund the retraining of displaced workers.
I approve of the “robot tax” and the money used to re-train workers for other aspects of the job.
Every trade union should be on this section of the bill like a pit bull with a lobbyist leg in its mouth.
The workers are screwed every time these cowards try to help their corporate masters….time for them to pay up to help the worker…..PERIOD!
“An injury to one is an injury to all”
Bring back the radicalization that was the IWW!
TTFN……tomorrow is another day……chuq
In my younger years I was a labor organizer for the IWW….I worked mainly with bartenders and casino workers….you have not lived until you try to organize workers at at a casino…..
Anyway as a organizer for the IWW I learned about the early days and especially about one of the “saints” of the labor movement, Joe Hill…..who was murdered in November1915 ……learn more about this extraordinary man……
Don’t mourn – organise!
Joel Emmanuel Haaglund was born in Gefle, Sweden in 1882. He emigrated to the United States in 1901 and settled in California where he changed his name to Joe Hill. Converted to socialism in 1910, Hill became a member of the revolutionary rank-and-file union the Industrial Workers of the World (IWW) and was one of the leaders of the San Pedro dock workers’ strike. In 1912 he was beaten up and permanently scarred during a free speech campaign in San Diego.
Hill, left, was also a songwriter and his socialist songs appeared in the trade union newspapers, Industrial Worker and Solidarity. After his Red Songbook was published his songs were sung on picket lines and demonstrations. Songs such as The Preacher and the Slave (the phrase “pie in the sky” originates from a lyric in this song) and Casey Jones – The Union Scab became internationally known folk songs.
He was jailed and executed by firing squad in Salt Lake City, Utah…..his final wish was to Big Bill Haywood leader of the IWW….. “Could you arrange to have my body hauled to the state line to be buried? I don’t want to be found dead in Utah.”
Below is a song about Joe Hill sung by Paul Robeson…..
More songs from the IWW…..
Trump takes to Twitter to condemn Clinton, rag on Sessions, bitch about Comey, rail on about Mueller and pick in”Rocket Man…..in other words he belittles anyone that will not kiss his ass….instead he should be chest thumping about the economy and especially the unemployment rate that has come down under his regime….
US employers added a robust 261,000 jobs in October as the economy recovered from hurricanes that slammed the Southeast in September, per the AP. The Labor Department says the unemployment rate declined to 4.1%, the lowest in nearly 17 years, from 4.2% in September. The burst of hiring (though it was actually below estimates of 325,000, per the Wall Street Journal) mostly reflects a rebound from a trio of hurricanes that temporarily depressed job gains. But it also shows that for all their fury, the storms did not knock the economy off course.
“Now that the storms have passed, the focus can return to the central question for the United States job market: With unemployment low, when will wage growth accelerate?” writes Ben Casselman at the New York Times. Average hourly earnings continue to rise at about 2.5% year-over-year, below the annual rate economists would predict when unemployment is this low. Over the past three months, hiring has averaged 162,000. That is similar to the pace of hiring before the hurricanes. Employers added just 18,000 jobs in September, as thousands of businesses were forced to close. That figure was revised higher from a previous estimate that showed a loss of 33,000.
This is great news for the economy that he, Trump, could take credit for doing but instead he takes to Twitter like the spoiled brat that he is and just shows his stupidity with every new Tweet.
It is tiring writing about the idiot that we put in the White House…if he only had a brain.
That is it for me for today….TTFN….chuq
Today is the first Monday in the month of September and that means we Americans celebrate Labor Day……a day dedicated to the workers of this country and their contributions to society.
This may well be my only post for the day as I would like to spend some time with my better half….Trying to stay off my foot but that is a lot harder than one would think……so I will revert back to the events of the past to bring some light to the labor issue……
The US loses more and more good paying jobs every year…..maybe it is time to step back and see what our ancestors did to improve working conditions in the country.
We need to return to the days when the workers were important enough for a movement to help achieve that better life that all all looking for……
The labor movement in the United States grew out of the need to protect the common interest of workers. For those in the industrial sector, organized labor unions fought for better wages, reasonable hours and safer working conditions. The labor movement led efforts to stop child labor, give health benefits and provide aid to workers who were injured or retired.
Source: Labor Movement – Facts & Summary – HISTORY.com
Below is over 2 hours of labor songs from the early days of the union movement….enjoy!
Put politics aside…..time for the Workers To Unite!
Time to shut the mind down and do things that require little thought…..enjoy your day and I shall return tomorrow with more stuff…..chuq
Another weekend and we take some time to reflect on the past week and the one approaching…….since I usually do not post much politics and such on these couple of days……I will do the next best thing….HISTORY (moans, groans and head slapping)……
In my younger days I was a delegate for the IWW, Industrial Workers of the World, the original union in the beginning later came the AFL-CIO and others….my days with the union was spent in outreach and activism to help the workers…..my main work was done with bartenders and casino workers……
Most Americans have never heard of the IWW so I thought I would give them a little history to mull over while they go about their weekend duties……
It all began around the year 1905…….
The IWW changed American trade unionism forever, being the first big union to organise black and white across entire industries, and calling for the abolition of the wage system and industrial democracy. It was largely defeated by a massive campaign of repression launched by bosses and the government.
Source: 1905-today: The Industrial Workers of the World in the US
Before you think you know everything about the labor movement you might want to read this short history……..there is so much more to the movement than what you think you know…..
A few songs of the IWW to close……
My granddaughter likes Pete Seeger’s song…”All You Fascists Born To Lose”…what a great kid!
Time for me to bow out for the day…TTFN….be back tomorrow with more stuff….chuq
For decades there has been a growing inequality here in the US…..the old saying….”the rich get richer and the poor get poorer”…..is not just a cute slogan but a grown situation….
There has been some good research on this phenom…….
I describe the American economy in the twenty-first century as a dual economy in the spirit of W. Arthur Lewis. Similar to the subsistence and capitalist economies characterized by Lewis, I distinguish a low-wage sector and a FTE (Finance, Technology, and Electronics) sector. The transition from the low-wage to the FTE sector is through education, which is becoming increasingly difficult for members of the low-wage sector because the FTE sector has largely abandoned the American tradition of quality public schools and universities. Policy debates about public education and other policies that serve the low-wage sector often characterize members of the low-wage sector as black even though the low-wage sector is largely white. This model of a modern dual economy explains difficulties in many current policy debates, including education, healthcare, criminal justice, infrastructure and household debts.
If you would like to see where this research has gone then open the pdf and read the rest of the study…..
Source: Microsoft Word – Temin paper final.docx – delivery.php
More on the author of this paper……
In the America of haves and have-nots, fewer folks are “movin’ on up” like George Jefferson of the classic sitcom. In a new paper for the Institute for New Economic Thinking, Peter Temin, MIT economist and economic historian, breaks down how it happened and where we’re headed with a powerful model first used by West Indian economist W. Arthur Lewis, the only person of African descent to win a Nobel Prize in economics. Dual economies are common in less developed countries, but Temin argues that America has now diverged into a top thirty percent, where children receive excellent educations and grow up to work in sectors like finance, technology and electronics industries (FTE)— and then there’s the rest, the low-wage folks who live paycheck to paycheck and whose kids have little hope of joining the lucky ones at the top. Temin explains what drives the dual economy, what race has to do with it, how children are hurt, and why our political system can’t seem to fix anything. *This post originally appeared on the blog for the Institute for New Economic Thinking.
Source: There are two Americas entirely: How the U.S. became a “dual economy” — and what can be done to reverse it – Salon.com
Read the research and then tell me what you think needs to be done to find an equilibrium…..
My thought is that the “People’s Budget” would be that equilibrium…..as long as we will have yet another budget debate then why not look for a better answer to the growing problems of this country?
Source: FINAL FY16 Peoples Budget.pdf
I am sure there will those that dismiss this out of hand simply because in comes from progressives….that is moronic…..if it helps the people of this country it is worth a look and a debate…..
Happy May Day…..celebrate the International Day of the Worker…..
The world over the worker is celebrated on May 01….that is except in the US we could not celebrate it with everyone else we had to have a separate day for labor…..1st Monday of September.
Around the early days of the 20th century the world was seeing the workers demanding some rights that have been denied them for so long. There were riots, protests, and movements popping up all over the world.
This is when the trade unions starting showing their strength…back in those days it was the IWW, the Wobblies…..and it grew from there….
So today I thought that some tunes from those days of struggle would be a good way to end the day for me….people like Pete Seeger, Woody Guthrie,Paul Robeson, etc……..
Enjoy some musical history…..
I will see you guys tomorrow…..have a good day and evening…..be well, be safe….chuq