Do you suffer from a really bad heart, cancer, or need dialysis, and still want to buy health insurance? If you can find a company in the U.S.A. that will cover you, the price will be many thousands of dollars a month with a cap on total payments, plus co-pays through the roof. If you don’t die rather quickly, our health system will devour your savings, house, car and force […]
China on the way to master trade with U.S., making us little more than a colony.
IBM’s chief executive, Ginni Rometty was anxious to meet with the newly-elected Donald Trump in December, last year, and she pledged that her tech firm would create 25,000 new American jobs. She also promised that IBM will be investing in the United States by bringing $1 billion to create training programs and opening new offices. Promises are cheap. But Mr. Trump was quick to praise Rometty, and even included her […]
FOX News yesterday proclaimed on the web: The new GM deal would raise labor costs from $55 to $60 an hour, a 9 percent hike, according to a study of the deals from Kristin Dziczek of the Center for Automotive Research and Art Schwartz, a former GM labor executive and president of Labor and Economic Associates. The union contract at Ford also reached the $60 hourly rate over the next […]
The threshold to qualify for overtime pay, now $23,660, is expected to rise to $50,440 a year if new regulations are adopted by the Barack Obama administration. Until now, companies were allowed to call you a manager, pay you $26,000 and require you to work, say, 58 hours a week – no extra pay for hours worked more than 40. This has left many Americans earning far less than the […]
