bureaucracybusters

LIE CREATORS: PART TWO (OF SEVEN)

In Bureaucracy, History, Law, Law Enforcement, Politics, Social commentary on September 14, 2018 at 12:16 am

Niccolo Machiavelli, the father of modern politics, warns in his masterwork, The Discourses

All those who have written upon civil institutions demonstrate…that whoever desires to found a state and give it laws, must start with assuming that all men are bad and ever ready to display their vicious nature, whenever they may find occasion for it.

If their evil disposition remains concealed for a time, it must be attributed to some unknown reason; and we must assume that it lacked occasion to show itself. But time, which has been said to be the father of all truth, does not fail to bring it to light.

Niccolo Machiavelli

Where the crimes of corporate employers are concerned, we do not have to wait for their evil disposition to reveal itself. It has been fully revealed for decades. We need only find the courage to redress the costly outrages we see every day in the workplace.

In its June 8, 2011 cover-story on “What U.S. Economic Recovery? Five Destructive Myths,” Time magazine warned that profit-seeking corporations can’t be relied on to ”make it all better.”

Click here: What U.S. Economic Recovery? Five Destructive Myths – TIME

Wrote Rana Foroohar, Time‘s assistant managing editor in charge of economics and business:

American companies “are doing quite well,” but most American workers “are earning a lower hourly wage now than they did during the recession.”

Corporations, in short, are doing extremely well. But they don’t spend their profits on American workers.

“There may be $2 trillion sitting on the balance sheets of American corporations globally, but firms show no signs of wanting to spend it in order to hire workers at home.”

In short:  Giving even greater tax breaks to mega-corporations—the standard Republican mantra—will not persuade them to stop “outsourcing” jobs. Nor will it convince them to start hiring Americans.

While embarrassingly overpaid CEOs squander corporate wealth on themselves, millions of Americans can’t afford medical care or must depend on charity to feed their families.

Yet there is also a disconnect between the truth of this situation and the willingness of Americans to face up to that truth.

The reason, writes Foroohar:

Republicans have convinced most Americans they can revitalize the economy by slashing “taxes on the wealthy and on cash-hoarding corporations while cutting benefits for millions of Americans.”

To restore prosperity, America will need both tax increases and cuts in entitlement programs.

Now, fast forward to a March 30, 2018 story in The Motley Fool: “These 12 Companies Have Laid Off Workers in 2018.” 

The “tax reform” bill passed by a Republican Congress in 2017 “included a long-awaited reduction in corporate taxes. The top rate for corporations fell from 35% to a flat 21%.

“It also set a one-time repatriation tax on foreign profits at 15.5%, creating a windfall for many companies.” 

“In spite of the good fortune these events have bestowed on corporate America,” sums up the writer, “you might be surprised to find that there is a growing list of employers that are sending workers home this year.”   

Among those companies: 

  • Verizon Wireless – 3,000 employees.
  • PepsiCo, Inc. – 1,000 layoffs. 
  • J.C. Penney – 360 layoffs on top of an already 5,000 firings.
  • Ford Motor Company – 2,000 layoffs. Amazon.com – hundreds of workers (no specific number given).
  • Macy’s, Inc. – 5,000 jobs eliminated. 
  • AT&T – 4,000 employees.
  • Walmart – eliminating 3,500 co-manager positions in its domestic market, and replacing half of these with lower-paying assistant store managers. It’s also laying off about 500 headquarters staff this year, and will do so in 2019.
  • Kimberly Clark Corporation – laying off 5,000 to 5,500 employees.
  • International Business Machines – According to a Mother Jones article, laid off an estimated 20,000 U.S. workers over the age of 40 since 2013, who were all replaced by “less-experienced and lower-paid workers.”
  • Toys R Us – Filed for bankruptcy and plans to liquidate its 700 remaining U.S. locations, resulting in the loss of 33,000 American jobs. 
A June 14, 2018 story on Fox Business News warned: “Major Companies Have Announced Layoffs This Month. Here’s a Look.”  

The companies:

  • Hewlett-Packard – cutting 5,000 jobs.
  • McDonalds – Undisclosed.
  • Citigroup – 20,000 jobs.
  • Tesla – 3,600 jobs.

And a June 28 article in The Street announced: “These Companies Have Had Some of the Worst Layoffs in 2018.”  

  • EBay. Inc. – Cutting “cutting a single-digit percentage of jobs.”
  • General Mills – 625 employees. Mid-Continent Nail Corp – firing 60 workers. Deutsche Bank – laying off 10,000 employees. 

Admittedly, some companies have legitimate reasons for cutting back on employees:

  • PepsiCo has suffered a fall-off in customers as Americans switch from soda to healthier drinks. 
  • Sears has struggled for years after the rise of e-commerce and the decline of customer traffic at shopping malls.
  • Macy’s is another company struggling to realign itself in an age of online sales and changing consumer habits.
  • Toys R Us has filed for bankruptcy and will soon be gone.

But there are also sinister reasons why millions of willing-to-work Americans remain unemployed.  Or remain trapped in part-time, no-benefits jobs far below their levels of education and experience. 

Chief among these is the refusal of Congressional Republicans to create job opportunities for their fellow Americans.

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