Labor is losing big time
quarta-feira, abril 09, 2014
David Barradas
0 Comments
quarta-feira, abril 09, 2014 David Barradas 0 Comments
The American worker knows that "improved efficiency" is largely innuendo for layoffs, longer hours, and only modest pay increases (assuming you can convince your boss to give you a raise).
So far, these efficiencies have been lucrative. Widening profit margins have enabled corporations to book fat profits on modest revenue growth.
But how long can this trend last?
Read more: http://www.businessinsider.com/gerard-minack-on-profit-margins-2014-4#ixzz2yNG6aFmx
So far, these efficiencies have been lucrative. Widening profit margins have enabled corporations to book fat profits on modest revenue growth.
But how long can this trend last?
Read more: http://www.businessinsider.com/gerard-minack-on-profit-margins-2014-4#ixzz2yNG6aFmx
You know i have written about this over and over again. A man with a machine can do the work of 100 man or more. If this is the case the salary of a man or woman must go down slowly but surely.
What can we do?
1.Do something manual that can not be replaced by a machine ( Bike Mechanic, Hair dresser, Gardener etc...)
2.Invest in the shares of the machine factory.
3.Invest your money in the companies that have the most machines & least labor costs. I guess the early adapter and of course the low cost producer.
More on the same subject http://thoughtmeme.blogspot.pt/2014/02/what-could-be-problem-in-world.html
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