Title: United Airlines' Outsourcing Jobs to Company That Pays Near-Poverty Wages Is Shameful | HuffPost
Headings: United Airlines’ Outsourcing Jobs to Company That Pays Near-Poverty Wages Is Shameful
United Airlines’ Outsourcing Jobs to Company That Pays Near-Poverty Wages Is Shameful
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Content: But instead average wages have stagnated — and most normal people are struggling just to keep up. That’s because almost all of that increase has been siphoned into the hands of the top 1 percent and out of the pockets of middle-class families. United’s outsourcing plan is one of the methods that has been used systematically by corporations and Wall Street banks to achieve this result. And it is exactly the kind of action that we must stop if we are to prevent America from becoming a society composed of a tiny number of wealthy semi-aristocrats and a massive number of workers who barely make enough to make ends meet. The victims of United’s outsourcing will not just be the employees and their families. The move will contribute to the increased proportion of gross domestic product going to wealthiest Americans and the big Wall Street banks — and lower the proportion going to everyday Americans. That means that ordinary Americans will have less money to spend on the increasing number of goods and services that our increasingly productive economy produces. If this trend continues the inevitable results will be to lower demand for products and services, lower economic growth and fewer jobs. Download
It is ironic that one of the stations United is outsourcing is Detroit — the very location where Henry Ford raised the wages of his employees because he understood that in the long run, it was better for business if his employees made enough to buy the cars the produce. Today, short-term bottom lines seem to be the only benchmark that guides economic decision makers at America’s largest corporations and Wall Street Banks.