#wages

anonymiss@despora.de

US #chip #factory #workers say it’s a ‘struggle to survive’ on their #wages as #industry booms

Source: https://www.theguardian.com/business/article/2024/aug/05/chip-factory-workers-wages

Workers are pushing for a $27 #minimum #wage at the #semiconductor plant, which they say is the minimum required to live in the #Beaverton area. They are currently paid around $21 an hour.

#usa #economy #news #work #job #business #life #money #finance #business #justice #labour #fail #capitalism #system

tpq1980@iviv.hu

Population #density of countries with more than 20 million #population.

The #UK is 10th out of 62, putting it within the top 17% of most population dense #countries with more than 20 million population & within the top 20% most population dense of all polities on #Earth.

Clearly there is no necessity or justification for mass #migration into the UK when there are 193 other polities out of a total of 241 that are less population dense than the UK.

#populationdensity #demographics #uk #un #massmigration #openborders #elitism #immigration #globalism #neoliberalism #elitism #wewereneverasked #usa #eu #thewest #westerncivilization #democracy #wages #houseprices #multiculturalism #rentprices #wagestagnation #costofliving #birthrates #demographicchange #analysis #data

tpq1980@iviv.hu

Jeremy #Corbyn is a #multimillionaire with an income 461% more than the #UK average. He comes from #wealth & lives in Finsbury Park where the average house price is 263% above the UK #average & the #median #household #income is 50% above the UK average.

Corbyn is a champagne #socialist & his wealth insulates him from every negative aspect of the mass #migration he advocates for.

Mass migration stagnates #wages, drives up #rent & house prices, puts additional demand on #infrastructure & social services & leads to ethno-linguistic fragmentation of autochthonous #British cultures.

#jeremycorbyn #champagnesocialist #usa #hypocrisy #labourparty #leftwinghypocrisy #leftwingelitists #londonelites #elitism #richmennorthofrichmond #plutocracy #westminsterbubble #globalism

escheche@diasp.org
dredmorbius@joindiaspora.com

Why US military expenses are so high compared to global rivals

... and the relationship that has with offshoring, outsourcing, globalised processing, and other aspects of trade, shipping, production, and commerce.

You've likely seen examples of goods which are produced in one location, processed in another, and sold in a third, often spanning the globe. Fish shipped from the US to China and back, salt sourced in Pakistan, packed in South Africa, and sold in Canada, and other examples come to mind.

Much of what drives this is 1) the high cost of US and European wages and 2) the low cost of shipping.

This is related to what drives up the cost of US military operations, though that's largely driven by constraints on who can do what and where.

There's a great Reddit thread which breaks down drivers of US military expenses as compared with global rivals China and Russia (or if you prefer, the Taliban), by /u/GTFErinyes:

The metric that the US spends more on their defense budget than other most other nations combined is an extremely superficial look at military spending and mostly pointless as a comparison of power.

Of course the US spends a lot more than China or Russia: there is a vastly different cost of living in the US versus those nations.

To actually understand where/how the US spends on its military, take a look at the DOD Budget Request for 2018 and Table 5.1 from the Government Publishing Office for historical spending.

You'll see the actual budget breakdown:

  • Military Wages - $141.7B
  • Operations and Maintenance - $223.3B
  • Procurement - $114.9B
  • Research and Development - $82.7B
  • Management - $2.1B
  • Military Construction - $8.4B
  • Family Housing - $1.4B
  • Overseas Contingency Operations (war funds) - $64.6B

That's right - 25% of the base (day to day non-war funds) budget of the DOD is spent on JUST wages (22% if we include funds spent for war operations). That's just military personnel wages - contractor wages fall under the other categories they get contracted for (e.g. maintenance contractors fall under Ops/Maintenance)

Why does this matter? Compare this to China, where their soldiers are paid a tenth of what the US pays its soldiers. Or South Korea, a first world nation with conscription, which pay its soldiers $100 a month.

If the US paid its personnel what the Chinese do, we'd save nearly $130 billion overnight! ...

https://old.reddit.com/r/changemyview/comments/71bq8h/cmv_the_military_budget_of_the_us_is/dn9mqdq/

The comment continues, with an additional Part 2.

Input costs matter, and where there's price-sensitivity, often-paradoxical behaviours can emerge as a result.

Oh, and: Offshoring is a form of wage suppression.


Inspired by this Diaspora thread.

#offshoring #economics #wages #shipping #globalisation #MiltaryExpenses #military #outsourcing #prices

sylviaj@joindiaspora.com

Cuba ~ End the Embargo

‘If #JoeBiden or frankly any US politician #cared about the #Cuban #people, they’d push for an end to the US’s #crippling #economic sanctions on Cuba.’

‘All people have the right to #protest and to live in a #democratic #society. I call on the Cuban government to #respect opposition rights and refrain from violence. It’s also long past time to end the #unilateral #US #embargo on #Cuba, which has only #hurt, not #helped, the Cuban #people.’ …. #BernieSanders

‘It’s important to remember that before the #Cuban #Revolution, Cuba was a #colonial #piggy-bank for #American #capitalists to #exploit. The revolution stopped the United States from treating Cuba like its little plaything, which the United States has never been able to accept.’

‘The US continually punishes #Haiti & Cuba because these are nations that successfully #revolted against #white #supremacist #empires in generations past.’

‘The #whole #world has spoken against the US embargo against Cuba. In the #UN #GeneralAssembly, 184 countries voted to #condemn the #blockade. Only two, the US and #Israel, voted not to. Cuba loses $9.1 billion a year due to the blockade.’

‘Not only is the US blockading Cuba, they are claiming #veto #power over any other country which wishes to send Cuba #food and #medicine.’

‘The choice is clear. Which side are we on? The US, which continues to #violate #international #law by decades of crippling #sanctions even in the face of a #pandemic, or Cuba, which has created five different vaccines and sent thousands of #doctors to #heal #people around the world?’

‘Nobody is charged a dime in Cuba for their #treatment. But in the US, people are denied treatment unless they have tens of thousands of dollars to pay for medical bills. Again, which side are you on?’

‘In addition, Cuba has: – #Guaranteed #salaries; – #Nationalized #BigPharma; – #Distribution of #food, #electricity, and piped #water.’

‘The US is trying to create a #self-fulfilling #prophecy with Cuba. Cripple it with #decades of sanctions, then try to initiate an #astroturf #regime #change operation. This is typical M.O. for the #PoliceState.

'Never forget the explicitly stated goal of the US government’s murderous, #illegal, 60-year blockade on Cuba: to " #weaken the economic #life of Cuba," and " #decrease #monetary and #real #wages, to bring about #hunger, #desperation and #overthrow of #government."

#EndTheEmbargo #HandsOffCuba #VivaCuba! #VivaLaRevolucion! #VivaElPuebloCubano!

https://twitter.com/BTnewsroom/status/1414955958414061574