Showing posts with label deregulation. Show all posts
Showing posts with label deregulation. Show all posts

Saturday, November 21, 2015

Race to the Bottom: Trump's Minimum Wage Cuts and the Competitive Hoax

by Nomad

Ever imagine a day would come in America when a candidate for president would tell voters that the lowest wage was too good for them. The moment came in the last Republican debate.


At the last Republican debates, we heard GOP candidate Donald Trump trying to explain why he was against an increase in the minimum wage. Trump told the audience that that wages are “too high” in the United States. 
A lot of audacious things come out of the mouth of The Donald, but, coming from a one of the wealthiest candidates in US history, this remark had to be the hardest to hear for people making the lowest wage in the country.

Trump's Tactical Blunder

In response to a question about the New York decision to raise the minimum wage for certain workers to $15 an hour, he said
“Taxes too high, wages too high. We’re not going to be able to compete against the world.”
Cutting wages may have been something Republicans often implied but never dared to say outright. For good reason. For a lot working men and women, a remark like that puts you smack dab in the category of the oligarchical class.
The following day, Trump remained adamant in his declaration and insisted he had nothing to retract.

Almost immediately Trump's foes- a group not limited to the left- jumped on the remark, calling it a colossal blunder. Not in terms of  economic policy. If it were left to conservatives, wages would decrease, and there are probably plenty of CEOs out there who dream of wages dropped to zero. 

After all, nobody seemed to mind the fact that for most workers, wages have remained stagnant for the last two decades. Everything else, like food and housing costs, retail prices and medical costs, all these have soared.

So, few commentators on the Right considered Trump actually be wrong but only that his remark was a tactical misstep. You can think it, you can hint at it, and you can camouflage it with trickle-down redux but if you want to get elected, you sure as hell shouldn't say it. 

It showed, his critics said, a lack of understanding of where his core support originates. The angry working class.

Sunday, January 12, 2014

Waiting for America's Bhopal: How Budget Cuts and De-Regulation Are Making the Unimaginable Inevitable

by Nomad

Last year's West, Texas explosion and this week's West Virginia chemical leak could just be a wake up call to the nation. De-regulation and budget cutting may make us more competitive but at what cost?

A single environmental disaster could affect the lives of millions of people, cost the state billions and make entire areas uninhabitable. And that  could make the discussion of de-regulation and budget-cuts completely null and void.

Not long ago I read the book Five Past Midnight in Bhopal: The Epic Story of the World's Deadliest Industrial Disaster. It's the kind of book that you know you should read but dread to begin. It's an exceedingly thoroughly-researched book and at times, slow going. In spite of that,  in these days when environmental regulations are under attack by the conservative Republicans, it should be on every American's reading list.

Most people, I suppose, have heard of the industrial disaster at Bhopal but here's a little refresher.

The Bhopal Event
In the early hours of December 3, 1984, in the town of Bhopal, India, a nearby Union Carbide plant, which manufactured insecticides, accidentally released a heavy toxic cloud of chemicals into the surrounding residential area. The heavy cloud hovered over the area, which was comprised mostly of crowded slums. It literally fumigated the unsuspecting village, mercilessly killing the people that lived there.

Within hours, things quickly collapsed. Panic and confusion spread and any kind of coordinated response was impossible. The local government was totally ill-equipped to handle the emergency. (The very idea that it could happen at all seems never to have crossed their minds.)