The Hidden Reason Manufacturing Jobs Have Disappeared

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  • เผยแพร่เมื่อ 9 ต.ค. 2023
  • Energizer is shutting down two Wisconsin plants and moving much of the work overseas. Who should you blame?
    For decades, battery manufacturing supported the communities of Fennimore and Portage, Wisconsin, but suddenly, last year, everything changed.
    Energizer is moving its jobs here overseas - to Singapore and the U.K. - and to a non-union factory in North Carolina.
    But the six hundred union workers at these two factories aren’t the only ones in trouble.
    America has lost 35 percent of our manufacturing jobs in the last 40 years.
    The question is, what happened?
    Why have jobs in towns like Fennimore and Portage - places that used to be the bedrock of American manufacturing - disappeared?
    To find an answer, we went to Wisconsin. What we learned wasn’t just about Energizer.
    It was also about how companies buy their competitors to shift profits to executives at workers’ expense - how politicians who claim to care about American jobs let them get away with it - and what we can do to stop it.
    -----
    More Perfect Union is a new nonprofit media org with a mission to empower working people. Learn more here: perfectunion.us/
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ความคิดเห็น • 2.5K

  • @robertcollins4663
    @robertcollins4663 8 หลายเดือนก่อน +1170

    "I've never been involved politically in anything ever" and then they came for your job, your livelihood, your community. You cannot afford to not get political.

    • @dominicfucinari1942
      @dominicfucinari1942 8 หลายเดือนก่อน +99

      Particularly with out-of-control monopolism, Kochism, and plutocracy afoot.

    • @perfectallycromulent
      @perfectallycromulent 8 หลายเดือนก่อน +157

      yeah, same people complaining about big companies cutting jobs and paying executives millions are gonna walk into the voting booth and vote republican like they always do, "because they're better for the economy" and the downward spiral will continue.

    • @olliemck60
      @olliemck60 8 หลายเดือนก่อน +50

      when you wait for a threat to you, by then its too late.

    • @kippgoeden
      @kippgoeden 8 หลายเดือนก่อน +72

      @@perfectallycromulentThe Democratic Party with the Republicans on the majority of economic issues. Abandon the two party system. It has failed us.

    • @drmodestoesq
      @drmodestoesq 8 หลายเดือนก่อน +39

      Yeah...waste your vote by voting the Green Party. Quietly financed by rich conservative donors. @@kippgoeden

  • @ericburns469
    @ericburns469 8 หลายเดือนก่อน +222

    It’s almost like we are a corporate oligarchy, instead of a democracy…

    • @nitziamartin-vazquez4420
      @nitziamartin-vazquez4420 8 หลายเดือนก่อน +19

      Ding, ding, ding, ding, ding...

    • @ConvictedFelonDonaldTrump
      @ConvictedFelonDonaldTrump 8 หลายเดือนก่อน +13

      Have been since the beginning.

    • @Erde04
      @Erde04 8 หลายเดือนก่อน +21

      The United States has Oligarchs, you just won't ever see them called as such. Russian oligarchs don't get called oligarchs in Russia either. Why it's the same reason on both sides.

    • @nitziamartin-vazquez4420
      @nitziamartin-vazquez4420 8 หลายเดือนก่อน

      The United States, Inc., IS a corporation. It is owned by The London Company and it's Crown, and it's ruled by The Vatican, since 1606.

    • @gordonallen9095
      @gordonallen9095 8 หลายเดือนก่อน +6

      That's because we ARE.

  • @petes5863
    @petes5863 7 หลายเดือนก่อน +63

    The problem is that labor is treated as a cost instead of a factor of production like capital.

    • @phillipdavies6548
      @phillipdavies6548 5 หลายเดือนก่อน

      That is because labor IS a cost and it is by far the greatest cost I have in my company.. Every time my employees get a raise my costs go up and that causes my prices to go up. Cause and effect is at play here whether the idealist alt left like it or not

    • @JAYSONGS
      @JAYSONGS 5 หลายเดือนก่อน +2

      I believe the word is ‘asset’. Labor (employees) are assets.

    • @whickervision742
      @whickervision742 3 หลายเดือนก่อน +7

      Employees are people. Assets are machines or rental property. Economics is stupid.

    • @samuelbarrett5701
      @samuelbarrett5701 2 หลายเดือนก่อน +1

      ​@@whickervision742 economics is not stupid. Good people are assets - that means they're valuable.

    • @warrenpuckett4203
      @warrenpuckett4203 หลายเดือนก่อน

      Henry Ford would be livid about the way Ford produces cars now.
      He paid his workers enough to buy the product.
      He also made all the parts. < local quality control.
      Any of the parts supplied outside of Ford had to be shipped in Ford approved containers. Then the containers got reused in production.
      They blame the unions.
      BUT what the union gets now is a ghost compared to 1970.
      What manufacturing wants is to take the US back to the 80s.
      No not those 80s. The 1880s.

  • @TheRealMake-Make
    @TheRealMake-Make 7 หลายเดือนก่อน +52

    What is it with these companies laying off employees two weeks before Christmas? GM did the same thing. It’s like rubbing salt in the wound.

    • @Discretesignals
      @Discretesignals 7 หลายเดือนก่อน +15

      They dont have to give out Christmas bonuses.

    • @andyp91
      @andyp91 5 หลายเดือนก่อน

      Didn't you listen they told them 2 weeks before Christmas that they be closing down in 1 1/2 to 2 years

    • @jasons5916
      @jasons5916 3 หลายเดือนก่อน

      Psychopaths. They probably get off on it.

    • @traviskobylarz1207
      @traviskobylarz1207 หลายเดือนก่อน +3

      Also tax purposes maybe

    • @MultiAnne36
      @MultiAnne36 หลายเดือนก่อน

      If I remember correctly, GM has had a traditional 2 week shut down around Christmas for years.

  • @marlenaanderson1345
    @marlenaanderson1345 7 หลายเดือนก่อน +387

    So many people don't understand, that everything is political....I mean everything. From your job, to your water, air, and food quality and safety. The roads you drive on, to the safety of the cars, to the education your children receive.

    • @Jay-jb2vr
      @Jay-jb2vr 7 หลายเดือนก่อน

      White people are political

    • @san209nha9
      @san209nha9 7 หลายเดือนก่อน

      You're right. Everything is political. In case of union, American is brainwashed that "Union causes protest and causes the higher cost of living (inflation), Union is communist, etc"

    • @VoteForBukele
      @VoteForBukele 7 หลายเดือนก่อน +2

      Not really. It’s like that for most people today. But it hasn’t always been like this, and many of us learned back in the 1990s that the handwriting was on the wall. You can rely on stupid human politics all you want. Me? I prefer rugged individualism.

    • @cynicalrabbit915
      @cynicalrabbit915 7 หลายเดือนก่อน +19

      ​@@VoteForBukele
      Rugged individualism is fine, up to a point. That point is buying power.
      If you can start a business in your community and make it profitable great! The problem is market saturation. Is your community large enough to support one more body shop, hair salon, or whatever?
      Just because you're good at turning a wrench won't ensure that your mechanic's shop will support you, as there are a multitude of variables that are going to affect your bottom line.
      So be prepared to be a rugged individual in a homeless encampment

    • @jamiehartman3350
      @jamiehartman3350 7 หลายเดือนก่อน +1

      Aristotle called politics the master science for this reason.

  • @HideYourKarmaChameleon
    @HideYourKarmaChameleon 8 หลายเดือนก่อน +534

    Those record profits and increased CEO pay sound like money that should’ve gone to employees too. Seems criminal to take away jobs and send them elsewhere. That’s a great way to destroy a community.

    • @rickb3650
      @rickb3650 8 หลายเดือนก่อน

      Before these fools voted for reagan, his lies, and his agenda for the last 40 years, these practices were against the law.
      We've been down this road before and it took generations of suffering and bloodshed to take a small piece of our power back. Now we, and by we, I mean young people, get to do it all over again with the added challenges of total surveillance and militarized police forces.

    • @michaeld4861
      @michaeld4861 8 หลายเดือนก่อน

      That's the whole point. If they can thoroughly destroy a community then they can come back 20 years later and pay minimum wage and pretend to be heros while cutting fair paying jobs elsewhere. And then repeat the cycle again.

    • @darthvader5300
      @darthvader5300 8 หลายเดือนก่อน +52

      In 1980 the average CEO makes 4 to 5 up to 7 to 8 times more pay than the average shop floor worker. Fast forward to 2023 the average CEO makes 124.9 times more pay than the average shop floor worker.

    • @olorin1710
      @olorin1710 8 หลายเดือนก่อน

      Fake news! TRUMP SAID AMERICA IS NUMBER 1 . HE FIXED EVERYTHING UNDER HIS TERM.

    • @Khannea
      @Khannea 8 หลายเดือนก่อน +28

      It's perfectly legal - under Capitalism. If you don't like it, you should get rid of capitalism.

  • @sarawilliam696
    @sarawilliam696 6 หลายเดือนก่อน +510

    High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.

    • @rodrigo.971
      @rodrigo.971 6 หลายเดือนก่อน +1

      It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of investing in the stock market and potentially grow your retirement savings over time.

    • @joenewmeyer8358
      @joenewmeyer8358 6 หลายเดือนก่อน

      Gas prices that the Democrats created

    • @tradersquarter
      @tradersquarter 6 หลายเดือนก่อน

      You think people are too stupid to see you are a complete SCAM?
      SCAM ALERT!!!!
      SCAM ALERT!!!!

    • @scott1395
      @scott1395 6 หลายเดือนก่อน +4

      Retirement? Most people I know work day to day with no chance of retirement! I'll work til I go in the grave! It's what keeps me going! My dad retired but never quit working, he spent 27 years in the insurance buisness, when his company got bought out by American General he wound up with about $300 a month! He's 98 years old and still drives and cuts his own grass!

    • @tradersquarter
      @tradersquarter 6 หลายเดือนก่อน +4

      @@scott1395 you know these are scams, right?

  • @theblindtechguy
    @theblindtechguy 7 หลายเดือนก่อน +16

    This is why I have no sympathy for corporations. They steal from their workers, give them promises they have zero intention of keeping, actually delivering the opposite of said promises, and laughing all the way to the bank.

    • @karlbmiles
      @karlbmiles 6 หลายเดือนก่อน

      If it weren't for corporations 80% of us wouldn't have jobs.

    • @theblindtechguy
      @theblindtechguy 6 หลายเดือนก่อน +2

      @@karlbmiles And that's a bad thing? Perhaps then they would create the jobs for themselves. Plus, corporatism would not exist, and that benefits everyone.

    • @karlbmiles
      @karlbmiles 6 หลายเดือนก่อน +1

      With no corporations, and nobody has a job, what job would you create for yourself? In the poorest countries, the people are "subsistence" farmers, what they grow is what they eat. If they had excess crop, the other farmers already have what they're trying to sell, and they have no money to buy it anyway. Who will be the capitalist that will find and drill oil or copper, which capitalist will build a railroad or hydroelectric plant, can you survive without roads, water and sewer? How do subsistence farmers pay for schools and teachers, and aren't the children out planting rice right beside you? Hmmm, we need a Carnegie, Rockefeller, Vanderbilt, Musk, or Gates to figure this out. @@theblindtechguy

    • @theblindtechguy
      @theblindtechguy 6 หลายเดือนก่อน +1

      @@karlbmiles Capitalism is corrupt, and simping for big corporations is foolish at best. They don't care about you, you know. The working class is nothing but capital, and human resources to them. And let's face facts here, that's no way to live. Now, perhaps if corporations weren't greedy, and cared as much about the employee as they do the bottom line, then maybe things would be different. But until then...

    • @karlbmiles
      @karlbmiles 6 หลายเดือนก่อน

      There is no alternative to capitalism. Socialism and communism take money from capitalist until their money is gone. Somebody must CREATE wealth, and give people jobs. People with jobs own houses and cars and take vacations to Cancun. How do you get a house without a job from a corporation? @@theblindtechguy

  • @RobertStoll
    @RobertStoll 8 หลายเดือนก่อน +144

    The minute you have one major employer in town, it's time to panic.

    • @Karamoonsage
      @Karamoonsage 7 หลายเดือนก่อน +10

      Nope. The minute there's one major employer in town, it's time to move!!

    • @julietfischer5056
      @julietfischer5056 7 หลายเดือนก่อน +5

      That's all too often the case, usually for historical reasons. 'Mill towns' and 'mining towns' and similar places have been around for centuries. There was enough demand to support them. Then technological advances and improved transportation (and resource depletion), and less tangible changes, changed all that.
      Where I live lost a couple of major employers but is encouraging investment and new businesses. Other towns are changing course, with diverse newer (and yes, smaller) businesses, tourism, and so on. While others sit and rot because the inhabitants are convinced the good-paying jobs will return Any Day Now. As if the returned or new companies would hire men and women with outdated skills.

    • @9avedon
      @9avedon 3 หลายเดือนก่อน

      When that one major employer is the Government, Your screwed !
      Welcome to Ontario Canada, where one in four workers, has a government Contract !

  • @cdnrednek1027
    @cdnrednek1027 8 หลายเดือนก่อน +211

    Manufacturing jobs went over seas to the countries that don't have emission restrictions. The rich American owners get cheep labour and no emission controls. After they moved they lobbied the governments of they're home countries for trade deals with the country that they moved their Manufacturing plants to. Known as free trade agreements. I've watched this happening since the 1970s.

    • @aaadamt964
      @aaadamt964 8 หลายเดือนก่อน +23

      Nobody ever mentions all the laws and regulations. Just blame the workers wanting fair wages.

    • @mikelouis9389
      @mikelouis9389 7 หลายเดือนก่อน

      Yeah, regulations. Gotta be able to dump unlimited amounts of toxins in the air and water.

    • @williamhaynes7089
      @williamhaynes7089 7 หลายเดือนก่อน +5

      @@aaadamt964 - the laws and regulations could be the reason, and not the wages... if theupcoming lwqass would have required them to buy a $857348172654782578 upgrade, they would just move to a place they can pollute all day long and pay no fines.

    • @Mr_Dopey
      @Mr_Dopey 7 หลายเดือนก่อน

      The Clintons caused it. Bill went from Governor of Arkansas, home of Wal-Mart. Hillary went from the head of Wal-mart's board, to the First Lady. During the Clinton era Bill fought for free trade. Wal-mart went from only American Made Products to mostly Chinese manufactured products. At one point, Wal-Marts shipping fleet was larger than the U.S. Naval Fleet. The Clintons sold out the U.S. working man. They have a long history of selling out Americans. Hillary's Uranium One deal sold U.S. enriched Uranium to Russia. Bill Clinton's largest campaign donor by far was China. They called the scandal the China plan. Currently the Clinton Foundation is using government funds to pay civilians with bribes. The is a congress woman specifically trying to pass a law to stop the Clinton's corruption.

    • @danielmennel4565
      @danielmennel4565 7 หลายเดือนก่อน +18

      @@williamhaynes7089 if you a citizen try to leave the country to circumvent the law the government will go after you, but we allow corporations to do just that. It's criminal and we shouldn't be allowing it.

  • @Rhgeyer278
    @Rhgeyer278 7 หลายเดือนก่อน +295

    It has been a tough few months, filled with hardships and struggles globally. From economic challenges, job losses, market volatility, conflicts in various regions, and financial difficulties, it feels like everything has been going wrong. How can I make ends meet during these tough times?

    • @Bradleyschaeffer376
      @Bradleyschaeffer376 7 หลายเดือนก่อน

      It is always good to have a financial plan. I work with a professional planner and fixed-income strategist in NY. The fixed income portion of your portfolio won't simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.

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      @Seanmirrer 7 หลายเดือนก่อน

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      @Rhgeyer278 7 หลายเดือนก่อน +1

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      @Ashleycorrie8494 7 หลายเดือนก่อน

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    • @RandalHebert
      @RandalHebert 7 หลายเดือนก่อน

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      This can be accomplished by hiring a knowledgeable specialist like Samuel Peter Descovich whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.

  • @do9138
    @do9138 7 หลายเดือนก่อน +61

    With the support of the GOP, corporations we give HUGE tax breaks to have been outsourcing manufacturing since the 1980s.

    • @AUniqueHandleName444
      @AUniqueHandleName444 7 หลายเดือนก่อน

      Outsourcing died in 2016 with the Trump admin. But moving from blue states to red states has been an accelerating trend for some time. Blue states have simply become too anti-business and anti-civilization to do business with, for the most part. When it's illegal to change someone's job schedule but not meaningfully illegal to repeatedly steal $900 worth of equipment or inventory, yeah, it's going to have some negative consequences for that state.
      This story was caused by a merger, though, not overseas outsourcing.

    • @siris615
      @siris615 7 หลายเดือนก่อน

      yep fuck the gip

    • @fermiticus4034
      @fermiticus4034 7 หลายเดือนก่อน

      You think a corp that *doesn't* get tax breaks would still stay here???
      You can blame the right, as much as you want...the left is still just the other cheek, from the same @$$.

    • @justme-in2jb
      @justme-in2jb 7 หลายเดือนก่อน

      With the support of Democrats and Republicans American jobs of any substance have disappeared out side the country. Washington is completely bought into this "New America", all for big business, this is bi-partisan with all calling for help for the worker while behind doors selling out to big money and special interest. I agree with Reagan statement(socialist Democrat from California) I would add, but NAFTA and other Democrat policies allowed it to become a reality. Every politician that actually speaks on this is written off, and there are a few on both sides of the aisle, but they are in the minority.

  • @MichelleHell
    @MichelleHell 8 หลายเดือนก่อน +239

    Labor is a cost, but CEO pay is not a cost? You know if workers were paid a percentage of net revenue they can't possibly be a cost to the business, they would be beneficiaries of their own labor. Shareholder greed is the biggest cost to all of us in society.

    • @robertcollins4663
      @robertcollins4663 8 หลายเดือนก่อน +24

      God Damn Jack Welch, Milton Freidman, and all their enablers

    • @dominicfucinari1942
      @dominicfucinari1942 8 หลายเดือนก่อน +20

      @@robertcollins4663 Just the two people I was thinking of. Jack Francis-Welch for pioneering mass layoffs at General Electric, and Friedman for creating a shareholder dictatorship over both the labor class and the ecology.

    • @alex98b627
      @alex98b627 8 หลายเดือนก่อน +3

      So what would happen when the business makes a loss one year, or for a few years in a row? All the workers get paid nothing?
      I understand what your saying - that workers should benefit when a business and executives benefit - but it’s not as simple as their pay being a percentage of net revenue.
      I personally own a business and my wages bill is over 45% of gross revenue. That’s a huuuge cost, however I’m sure my team would say that they should be paid more…

    • @MichelleHell
      @MichelleHell 8 หลายเดือนก่อน

      @@alex98b627 People can stay and pour into the investment, or they can leave and find another business to be apart of. I've also owned a business, I know the variety of ways they offer you to classify your business, file taxes and pay yourself. For example, I could pay myself as an employee, or I could pay myself through business expenses and treat myself like I am the business. Depends on whose interest you want to serve and why you want to do. If you've never played pickup sports, maybe it wouldn't occur to you to organize with people to do physical competitive work before some big shot with money organizes it. It's about how we are raised to want to function in the world. If you hire dumb employees, it's because you want them dumb so that they need you to organize everything for them, because you want to be the one to make a bunch of money. My goal when I started my business was to hire co-partners and have that expand. What I found out is that nobody understands that way of thinking, and it's because they are uneducated and inexperienced in all the ways they need to be to see what the smartest way to run a business actually is. Yes, what I want is a smart people's world, and yes we don't have a lot of smart people. It's a contradiction, but life only has evolving problems and not utopia. You have to focus on a problem, resolve it and encounter the new one. By doing this in a forward thinking fashion, maybe we create less exploitation for ourselves.

    • @dominicfucinari1942
      @dominicfucinari1942 8 หลายเดือนก่อน

      @@alex98b627 Would a cap on executive bonus amounts work any better?

  • @donnab.333
    @donnab.333 8 หลายเดือนก่อน +293

    When these types of situations started happening in urban communities (80s, 90s, etc.) nobody cared and there were no concerns. Now, slowly over the past 40+ years, they've been removing these jobs from other communities. Always remember, this country disenfranchises the most dispensable group first, & then slowly moves to other groups. The USA Corp is trying to economically turn this country to a third world nation.

    • @ConvictedFelonDonaldTrump
      @ConvictedFelonDonaldTrump 8 หลายเดือนก่อน +16

      Just think this then. Europeans get our leftover profits. That’s how wealthy these techno capitalists are

    • @gordonallen9095
      @gordonallen9095 8 หลายเดือนก่อน +11

      SPOT ON!

    • @yasielromero8236
      @yasielromero8236 8 หลายเดือนก่อน

      Funny enough I was watching a video today making a very compelling point of how the US already is a 3rd world country

    • @qjtvaddict
      @qjtvaddict 8 หลายเดือนก่อน +12

      It’s all by design

    • @dominicfucinari1942
      @dominicfucinari1942 8 หลายเดือนก่อน

      That would be the final step towards turning the US into the Formerly United Corporations of Kochistan.

  • @CH-cd5um
    @CH-cd5um 7 หลายเดือนก่อน +44

    This is why national and International Union Solidarity is so critical in saving american companies and good paying american jobs from being farmed out to cheap nonunion labor or abroad for cheap slave labor.

    • @jasons5916
      @jasons5916 3 หลายเดือนก่อน

      Also tariffs on goods that could be produced here. There should at least be tariffs on imports of goods from any companies that offshored their jobs. Since everything is capitalism here, you have to make the decisions you don't like unprofitable or they'll keep doing it.

    • @bldrtom
      @bldrtom หลายเดือนก่อน

      Uniting world labor will NEVER happen. It’s a pipe dream.

    • @bldrtom
      @bldrtom หลายเดือนก่อน

      As I recall, Trump was the first President in my lifetime that encouraged businesses to restore and backed it up with tough tariffs on foreign made goods. Biden is just giving lip service.

  • @jdevoz
    @jdevoz 7 หลายเดือนก่อน +12

    Sadly, labor costs are just a small piece of the overall price we pay for something. We (the people) need to start flexing our purchasing power in favor of each other. What are our options for batteries? What other manufacturers/brands are available?

  • @nathasyapramudita6312
    @nathasyapramudita6312 8 หลายเดือนก่อน +124

    God. They paint it as a bad looks for employees if they tried to unionized themself. I just don't want them to blame themself for demanding basic necessities for their family or themself. I hates this system with all my heart.

    • @RS-ls7mm
      @RS-ls7mm 8 หลายเดือนก่อน

      Unions were necessary in the beginning to improve employee working conditions but then they became their own worst enemy. Massive corruption. Ridiculous salaries for menial jobs. Job security for the unqualified, inefficiency, . ... Quickest way to kill a company is to unionize.

    • @mikolowiskamikolowiska4993
      @mikolowiskamikolowiska4993 7 หลายเดือนก่อน +1

      Demand or then could try starting their own business and demand customers? See how that works out

    • @julietfischer5056
      @julietfischer5056 7 หลายเดือนก่อน

      @@mikolowiskamikolowiska4993- Not sure what you're trying to say. That meeting basic necessities is unreasonable? We were doing that before the reactionaries made it impossible for families to live on a single, full-time, minimum-wage job (and still have money to save). Now there are households busting their humps just to pay for utilities, rent/mortgage, insurance, food, and keeping the car running (because public transit outside major cities or city centers is problematic), working two or even three jobs. Hard to improve your skills or even get a better job when one is running as fast as possible to stay in one place.
      Starting a business is no guarantee of anything. Not everyone has the means, skills, or opportunity to attempt it, and when they do, they have competition from existing businesses and other startups. If nobody purchases their goods or services, they're in debt and back on the dole. Many of those who have their own small businesses did so because they wanted the freedom to do the best work they could, free from managers and supervisors looking over their shoulders. They'll never be rich, or founders of multi-million-dollar companies, but they support themselves and their families.

    • @HistoricLife
      @HistoricLife 7 หลายเดือนก่อน +4

      ​@@mikolowiskamikolowiska4993 I guess you don't understand monopolies are bad because they crush competition, hurt consumers and workers alike.

  • @moosesandmeese969
    @moosesandmeese969 8 หลายเดือนก่อน +76

    Workers do all the work and get none of the profits. CEO's do none of the work and get all of the profits

    • @williaml.baptiste3597
      @williaml.baptiste3597 8 หลายเดือนก่อน

      AKA: Thievery by corporate felons.

    • @Demopans5990
      @Demopans5990 8 หลายเดือนก่อน +3

      Only exception being a CEO/Founder of a small company. Seems like monopolization is the biggest issue. A company that can sway even 10% of a market is already problematic

    • @moosesandmeese969
      @moosesandmeese969 8 หลายเดือนก่อน +4

      @@Demopans5990 A CEO of a small company still relies entirely on the labor of others who aren't paid their full value.

    • @RS-ls7mm
      @RS-ls7mm 8 หลายเดือนก่อน

      Stupidest comment of the day. Workers salaries come out of the profit. If you think CEOs do no work then you are clueless.

    • @jimkelly4214
      @jimkelly4214 2 หลายเดือนก่อน +2

      Then try to be a CEO!

  • @cariwaldick4898
    @cariwaldick4898 6 หลายเดือนก่อน +6

    To the employees, now is the time to file a class action suit to get your benefits out of the company. If you were promised a retirement package, or severance pay, put your name on the list of creditors, so they have to pay you!
    Sounds like it's time for someone to come up with a new battery business. How hard can it be? Someone needs to buy these factories, and contract with all their suppliers. How about "Patriot Power!"?
    These monopolies and duopolies need to stop. We need the FTC to say no to these mergers. We also need a change in the model of corporate profits. When shareholders come first, employees get shafted. Change that, so every company isn't striving to beat last years earnings, and some sanity might return.

  • @juliehake2635
    @juliehake2635 3 หลายเดือนก่อน +5

    THIS is a terrible way for companies to harm US workers. WE NEED NEW LAWS AGAINST COMPANIES BUYING SIMILAR COMPANIES IN ORDER TO GAIN MONOPOLIES WHICH WILL FORCE WORKER’S TO LOSE JOBS AND WILL RAISE CONSUMER COSTS. UNIONS WILL LOSE MEMBERS, THE ECONOMY LOSES, AND WORKERS LOSE. CONGRESS NEEDS TO DO ITS JOB AND DRAFT LAWS AGAINST THIS PRACTICE. SHAME ON THESE COMPANIES. BOYCOTT THEM. ELON MUSK NEEDS TO INVENT A BETTER, LESS EXPENSIVE BATTERY MADE IN AMERICA.

  • @PaleRider54
    @PaleRider54 8 หลายเดือนก่อน +309

    Thr killing of manufacturing [union] jobs has been underway since Reagan. When Reagan fired the air traffic controllers, it sent a clear message that Corporate America no longer had to bargain in good faith with its workers. Thus began the huge increase in both jobs being off-shored and the pay disparity between CEOs and the average worker. Today's CEOs are not working a hundred times harder than their 1960s counterparts, but they're being compensated as though they are. Meanwhile, Joe Average is making about 10 times the annual average salary from the same period, but when you account for inflation, he's actually being paid LESS.

    • @dominicfucinari1942
      @dominicfucinari1942 8 หลายเดือนก่อน +23

      I wonder how much of a role Charles and David Koch played in coming up with the idea for that evil crackdown on air traffic controllers.

    • @b_uppy
      @b_uppy 8 หลายเดือนก่อน +2

      It was seconded by Bill Clinton, and furthered by the Bushes, and Obama. The uniparty gets big money from corporations (Dems more than Repubs).
      This video is very selective about blame.
      Trump actually reversed much of the problem. Trump's biggest fault was trying to align with 'Repubs,' rather than following through on promises. In Trump's defense he was trying to fight the uniparty, while defending himself from oodles of false charges.
      The job losses spoken of are being allowed by Biden, and that should be noticed. That this channel is ignoring that speaks of their bias.

    • @victorwilliams1304
      @victorwilliams1304 8 หลายเดือนก่อน

      ​@@dominicfucinari1942A lot.

    • @katherandefy
      @katherandefy 8 หลายเดือนก่อน +8

      Correct on this comment … A+ move to the head of class 💯

    • @justinfowler2857
      @justinfowler2857 8 หลายเดือนก่อน

      Don't forget that Ronald Reagan allowed stock buybacks. Now all of corporate American is paid in stock. Thus everything is set up to manipulate the stock price. Workers are just an expense that needs to be removed.

  • @Private-GtngxNMBKvYzXyPq
    @Private-GtngxNMBKvYzXyPq 8 หลายเดือนก่อน +80

    Thank you for highlighting the issue of antitrust enforcement or lack of it. Things like this should never happen. We all need to pay attention and make sure that the laws are enforced to ensure a fair market economy.

    • @maximemeis2867
      @maximemeis2867 8 หลายเดือนก่อน +1

      Things like that should happen more often. You are not entitled to a job. Businesses have a right to spend their money more efficiently

    • @nomadben
      @nomadben 7 หลายเดือนก่อน +5

      ​@@maximemeis2867I'm curious what your background is to make you say something like that.

    • @CH-cd5um
      @CH-cd5um 7 หลายเดือนก่อน

      How do we do that? By voting bought off politicians out of office. You have one tool to fight with, that's called your vote, make sure you use it.

  • @MrJwill919
    @MrJwill919 2 หลายเดือนก่อน +4

    This needs to be outlawed, if anything the executives need to forfeit their salaries and stock options.

  • @leonardgibney2997
    @leonardgibney2997 3 หลายเดือนก่อน +3

    In England about fifty years ago executives earned about ten times what a shop floor worker earned. Nowadays it's about a hundred times. Worker pay has been stagnant for decades. But houseprices have tripled.

  • @folday6169
    @folday6169 7 หลายเดือนก่อน +46

    Competition, greed, and self-serving investors and politicians kill job opportunities. It will come back to haunt us. Good, honest, hard-working people do not deserve this.

    • @Gatzlocke
      @Gatzlocke 5 หลายเดือนก่อน +2

      Competition doesn't. If there was competition, Energizer would never have bought those factories. It's anti-trust laws that prop up competition that we need to be stronger.

  • @rickb3650
    @rickb3650 8 หลายเดือนก่อน +300

    "They knew what the were doing. They had a plan."
    Yes they did, and many of us tried to tell people what it is, how it would be executed, and specifically what the results would be, for the last 40 years.
    But the majority of Americans ignored us, ridiculed us, and completely invested themselves the lies that a car salesman (reagan) told them, and have doubled down on those lies at least 8 times since then.
    Since we can't fix stupid, perhaps we should be trying to make fewer stupid people.

    • @My_Old_YT_Account
      @My_Old_YT_Account 8 หลายเดือนก่อน

      globalism was a mistake

    • @anthonycekic4509
      @anthonycekic4509 8 หลายเดือนก่อน +37

      Yeah they made their bed and now their children are forced to lie in it.

    • @leilanigreenwood5064
      @leilanigreenwood5064 8 หลายเดือนก่อน +46

      Yes, I'm waiting for that trickle down theory of his to start working

    • @gman6081
      @gman6081 8 หลายเดือนก่อน

      You are 100% correct. Sadly, most "Muricans" fall - hook line and sinker, for the car salesman (Trump - Bush - Reagan) because the car salesman plays into their emotions and fears, and most "Muricans" would rather care about Monday night football, or the Voice, or soccer practice......this is the price we all will pay for ignorance.
      Get ready for authoritarianism and dictatorship in our USA. Goodbye freedom.

    • @royalanempire2965
      @royalanempire2965 8 หลายเดือนก่อน

      You fix stupid by providing a good education. But they have been gutting education so they can keep the population stupid and miss inform them so they can get away with doing things like what this company did to its employees.

  • @diytwoincollege7079
    @diytwoincollege7079 7 หลายเดือนก่อน +14

    Vote Blue!!! Also, if you work in a one factory town, call your Senator, Governor, etc now and ask how they can draw additional business to the area. If they can’t, then move.

  • @johndelamontaigne7711
    @johndelamontaigne7711 6 หลายเดือนก่อน +3

    Battery prices have gone through the roof and the battery companies are making record profits. Greed and profit over people, that is what these corporations stand for.

  • @journeyofgreen3958
    @journeyofgreen3958 7 หลายเดือนก่อน +59

    I wonder how may people in that town still blame everyone but the people who actually made these decisions.

    • @OffMyRocker52
      @OffMyRocker52 7 หลายเดือนก่อน

      It will be the blks and immigrants that get the blame meanwhile it’s someone who looks JUST LIKE THEM.

    • @MavHunter20XX
      @MavHunter20XX 6 หลายเดือนก่อน +1

      Let's blame trump, not Energizer, you mean?

    • @journeyofgreen3958
      @journeyofgreen3958 6 หลายเดือนก่อน +6

      ​@@MavHunter20XXNo. Often people like to pin problems on whoever they want to be the villian. If that's tRump for you then that's probably who you'd blame. For others, Biden is the source of all their problems whether he is or isn't.

    • @MavHunter20XX
      @MavHunter20XX 6 หลายเดือนก่อน

      OH, I meant to say, you're right. It was the company that decided to sell and the other company that decided to buy and then law off the employees. However, in this video, they want to go to the regulators and blame them. Yeah, the company seem inhuman and too powerful, but it's still a bunch of humans that said, the labor here is too expensive. They want to credit Biden, somehow as fixing things, but things are far from fixed. @@journeyofgreen3958

    • @jasons5916
      @jasons5916 3 หลายเดือนก่อน +2

      @@MavHunter20XX A lot of the time people blame the people who end up getting their jobs for less pay either in another state or another country. Those people just want jobs too and take what they can get based on the economics of where they live. Meanwhile, the real perpetrators are the companies and the government that allows them to exploit their workers and gouge consumers. Both major parties do this.

  • @thewildwegonian92
    @thewildwegonian92 8 หลายเดือนก่อน +37

    In a nation like the size of the united states, there is honestly no real reason for a corporation to have over 15% of a national market share.

    • @Demopans5990
      @Demopans5990 8 หลายเดือนก่อน

      You can if you make the corp serve the national interest. That's the current operating policy of the CCP, and to a lesser extent, South Korea's Samsung.

    • @thewildwegonian92
      @thewildwegonian92 8 หลายเดือนก่อน +3

      @@Demopans5990 China has had 2 major failures which involved companies with well over 50% of the national market in their control.
      My suggestion is not "socialism" since Socialism is an economic system wherein the "public" own the means of production. In our current organization of society this would mean that the state, the public body of the society would ensure a Socialist economic system by having full control of the economics of the society either by direct or indirect means. The CCP ensures that every sizeable business has some sort of party attaché. This is why The People's Republic of China is classified as a Socialist nation despite its supposed "liberalization" when it was accepted into the WTO.
      A simple set of reforms related to the FTC and our current Anti-trust laws could allow for bi-annual evaluations to measure the market values and be able to properly enforce a de-conglomeration of corporate entities to allow for a line, especially a fair estimate that is 15%, cause 15% would be 7 companies or more having the total national share, this still allows for fluidity in local markets and would indirectly encourage innovation and competitions as each company attempts to solidify their chunk and not lose their backyard on the state level of markets.

    • @thewildwegonian92
      @thewildwegonian92 8 หลายเดือนก่อน +4

      @@Demopans5990 But this has nothing to do with "national interest" as that is a term reserved for geopolitical alignments.
      This is literally just some domestic economic reforms to better the lives of the people of the nation and as a safeguard against exploitative practices/build up within the nation's economy.
      I get what you're saying but foreign strategies are not really domestic politics.
      China's party ensures that the nation's economy is geared to make as many foreign powers reliant on them for cheap and passable commodities so that way those depending nations can "rake in the money" despite it being a short term gain for potential critical long term loss.

  • @robertp9297
    @robertp9297 7 หลายเดือนก่อน +2

    This video is well-arranged; thank you for sharing it.
    The information is good, and put into a good, professional format.
    Keep up the great work !

  • @craigenputtock
    @craigenputtock 6 หลายเดือนก่อน +3

    There will come a day when these "executives" will be held to account for their treason to their countrymen.

    • @ginawhiteley8834
      @ginawhiteley8834 6 หลายเดือนก่อน +1

      I doubt that any one will be held accountable. If that was ever going to happen, then it would have happened already. Ronald Reagan's Trickle Down Economics of making the rich richer has hurt the poor and middle class. Do these people understand ? I doubt they do.

    • @michaelsoutherland3023
      @michaelsoutherland3023 6 หลายเดือนก่อน

      Welcome to Globalism.

  • @loljakkon
    @loljakkon 8 หลายเดือนก่อน +59

    my step father and much of the rest of my family has worked in the Michigan auto industry my entire life. I remember what it was like seeing so many of not just my family but their friends lose their jobs to these companies and their immoral business practices. Destroying entire communities, many of which still have not recovered and possibly never will. Any CEO that makes a pay day from laying off workers and ruining lives should have to give every single penny to those workers that were laid off if not ousted as CEO or even jailed, ideally all of the above.
    People are not commodities to be discarded when they've out run their use. I am tired of seeing these monsters not held accountable, no one should be getting rich by being shit at running a company.

    • @MissionaryForMexico
      @MissionaryForMexico 8 หลายเดือนก่อน +4

      Then start your own business then! I did!

    • @loljakkon
      @loljakkon 8 หลายเดือนก่อน +9

      @MissionaryForMexico yeah the solution to this problem of boots on necks isn't "I'll just be the boot instead" the solution to this problem is getting rid of the boots. Not everyone can or should start their own business

    • @MissionaryForMexico
      @MissionaryForMexico 8 หลายเดือนก่อน +4

      @@loljakkon I had enough of working for somebody, making a corporation rich! I decided to make money for myself. I went to SBA and got an incredible amount of professional advice for free. Started my business over 25 years ago. Never looked back to working in a union ever again! Never say you cannot do anything! That is foolishness, and ignorance!

    • @richardlawrence3770
      @richardlawrence3770 7 หลายเดือนก่อน +2

      So how do you treat your employees ?@@MissionaryForMexico

    • @MissionaryForMexico
      @MissionaryForMexico 7 หลายเดือนก่อน +1

      @@richardlawrence3770 I treat anybody with dignity and respect. I don't have employees, I have friends! I truly do not understand what you are getting at! This subject matter is about unions!

  • @marcdunivan2436
    @marcdunivan2436 8 หลายเดือนก่อน +164

    This is the race to forced labor. What better way to lower labor costs? ...forced, non-paid internships, or government paid-for internships.

    • @toronaldaris
      @toronaldaris 8 หลายเดือนก่อน +22

      It's a race to the bottom. We're already forced to give up our labor. Now it's for the lowest cost worker. We have to compete with the pennies that they have to pay overseas.
      The Corporation only has two goals. Create Profit for itself, and it's Shareholders. The Worker is an after thought in most cases.
      Do you remember what the world was like before the advent of the concept of "Work" as we know it today? Think about it, are you sure you really remember what it was like? Most people cannot even imagine it, and pledge undying devotion to a business that will sell them for a nickel if they can.

    • @usersar2213
      @usersar2213 8 หลายเดือนก่อน +12

      I don't think there is anyone who wants to work a menial job. Most workers are forced to do work they hate under the threat of starvation, so it already is forced labor.

    • @Khannea
      @Khannea 8 หลายเดือนก่อน +12

      Uhm no. This is a race to people being abandoned, starving, living in tent cities. This is PRECISELY what decades of voting republicans and hating socialism gets you. You end up whining like a little b**** when displaced by someone cheaper in indochina. I suggest these people start looking at basic income and vote accordingly.

    • @DistrustHumanz
      @DistrustHumanz 8 หลายเดือนก่อน

      Well that is easy to answer... break the law by employing illegal immigrants, which is what mostly conservative Republicans have done.

    • @marcdunivan2436
      @marcdunivan2436 8 หลายเดือนก่อน

      @@Khannea If only the Democrats weren't under corporate control just as much as the Republicans. Neither has your interests nor well being at heart. Bernie Sanders was never ever going to be allowed to win the Democratic Presidential nomination. ...Michael Bloomberg...corporate.
      Furthermore, those socialist laws will be used to imprison you and force you to work, for free, to these corporations. The government might even pay the corporations for it. All the costs of the prisons will be paid for from Income Taxes on the middle class.

  • @JLocke0113
    @JLocke0113 7 หลายเดือนก่อน +2

    The highest paid jobs in a company should be tied to the lowest paid jobs, so that if the CEO's pay is doubled, the lowest pay is also doubled.

  • @christiansmith-of7dt
    @christiansmith-of7dt 7 หลายเดือนก่อน +5

    America is super depressing , what a horrible place to live , I hate it

    • @tomlund4951
      @tomlund4951 7 หลายเดือนก่อน

      There are wonderful people here and we have many many blessings… keep your head up!

    • @stephensamuel4674
      @stephensamuel4674 หลายเดือนก่อน

      Move

  • @Mark_Nadams
    @Mark_Nadams 8 หลายเดือนก่อน +20

    18 to 24 months notice of closure. They were lucky. We were told one Friday morning and the place closed by the end of the day. Clean out your desk and take whatever personal items you have. I had been working there 37 years.

    • @kbrant284
      @kbrant284 7 หลายเดือนก่อน +5

      I know this doesn't help you,but I'm sorry you were treated that way.

  • @EmilyKresl
    @EmilyKresl 8 หลายเดือนก่อน +124

    GM up and left Janesville after posting record profits and transferred everyone who wasn't laid off to Missouri or Indiana. Now all of the smaller businesses that relied on the gm employees spending money are gone and the buildings are all just dollar tree or family dollar stores. We don't even have decent family owned restaurants anymore it's all franchises or corporate fast food. What sucks most of all besides the whole mass foreclosures thing or tons of people losing their medical insurance and literally dying from losing their jobs is how weak our fourth of July fireworks shows have been ever since. The unions supported the idea of celebrating our countries birthday with a real bang. I miss those guys too, they were smart and could solve any problem and they were able to afford useful hobbies like welding, hunting, fishing and gardening. Now everyone is miserable and noone ever gets annual vacations, even with "PTO" they can't afford a cruise or a trip up to their house up north like they used to.

    • @dominicfucinari1942
      @dominicfucinari1942 8 หลายเดือนก่อน +29

      The way those layoffs hollowed Janesville out proved everything I needed to know about who and what the true threats to small businesses are: Monopolism, not labor-class-friendly policies.

    • @Khannea
      @Khannea 8 หลายเดือนก่อน

      Stop whining.

    • @jeffaulik3980
      @jeffaulik3980 8 หลายเดือนก่อน

      Not enough people care enough to buy an American built vehicle from an American based company. With this strike that is going on, Ford and GM have little chance of a decent future.

    • @unoriginalname4321
      @unoriginalname4321 8 หลายเดือนก่อน +5

      Things will only get worse until we decide to do something about it

    • @gregoryeverson741
      @gregoryeverson741 8 หลายเดือนก่อน

      I live in Janesville, GM fucked us over,

  • @chochonero3419
    @chochonero3419 7 หลายเดือนก่อน +3

    Manufacturing is a place that can be filled by anyone. I work in manufacturing, the pay is ok but not enough to quit my 2nd job. But they don’t have to pay more because if I were to quit, they will just hire another and another. Companies move to pay cheap and reap the rewards, the workers are expendable.

  • @kingbooty
    @kingbooty 7 หลายเดือนก่อน +3

    Trump said “Don’t believe what you read, see, or hear, just stick with us.” And then you get used 🤣😂😱🤣😂

  • @judesmith4941
    @judesmith4941 8 หลายเดือนก่อน +184

    Thank Reganomics for deregulation of mergers. Blame the Republicons 💯%. SCOTUS wrote Citizens United to allow Corporations to act as individuals while denying recourse to the people. VOTE BLUE 🔵🔵🔵🔵

    • @rayRay-pw6gz
      @rayRay-pw6gz 8 หลายเดือนก่อน +27

      Do not forget Nixon ( Republican) opened the door to China .

    • @cbrindle91
      @cbrindle91 8 หลายเดือนก่อน

      It's more than just that though. Corporations lobby both sides of the aisle. It's like a ratchet. Republicans fuck the working class over; then democrats come in and ease off the fucking, but don't undo anything the republicans did. Wash, rinse, and repeat.
      There need to be more than two political parties on the national stage. An ACTUAL pro-working class party.

    • @dominicfucinari1942
      @dominicfucinari1942 8 หลายเดือนก่อน +4

      Now I have to wonder just how little Charles and, while he was alive, David Koch, appreciates/d the small business whose customers were funded by decently-paying jobs.

    • @NAC_Exec
      @NAC_Exec 8 หลายเดือนก่อน +1

      Dems share part of the blame. Clinton and Obama barely did anything to prevent jobs from moving overseas. In fact Dems stopped regularly supporting anti-trust policies when ole' Clinton made his run for the White House. It is only this current admin that has vocally and actively made progress in this field. Minus the fed squashing the rail workers strike.

    • @Atticus6557
      @Atticus6557 8 หลายเดือนก่อน +19

      The Blues are responsible too.

  • @emilyanthony7138
    @emilyanthony7138 3 หลายเดือนก่อน +3

    If we rely on manufacturing job or any kind of jobs it uttery cannot sustain our daily needs. People with land and self sufficient are the only one will survive in time of economic crisis..

  • @bunnybixbie6952
    @bunnybixbie6952 หลายเดือนก่อน +2

    This is the finale of NAFTA. Wisconsin has lost over 40,000 jobs in the past 10 years - Scott Walker legacy.

  • @davidhutchinson5233
    @davidhutchinson5233 8 หลายเดือนก่อน +34

    If it's not American made I'm not buying it. Period. These companies are shameless. Take taxpayer funded subsidies and relocate off shore. Companies that engage in this should be boycotted.

    • @My_Old_YT_Account
      @My_Old_YT_Account 8 หลายเดือนก่อน +7

      It's pretty sad how garbage the US car manufacturers have become
      Best you can do is buy a US made car from Japanese companies (Toyota, Honda, Subaru and Mitsubishi mostly)

    • @baikeiast5255
      @baikeiast5255 8 หลายเดือนก่อน +5

      Maybe american should fixed first their zoning laws in their cities

    • @leilanigreenwood5064
      @leilanigreenwood5064 8 หลายเดือนก่อน +4

      That's hard to find American made products and clothes in stores.

    • @AnonymousAnarchist2
      @AnonymousAnarchist2 8 หลายเดือนก่อน +4

      And whats worse, they move production overseas to pay less, while the spending power of average american wages are plummeting. Its going from just above slave wages to below slave wages when they move overseas.
      AND
      We need local production of necessities and consumables.

    • @davehaggerty3405
      @davehaggerty3405 8 หลายเดือนก่อน +4

      This would have been more effective if it had not featured a dying industry like disposable batteries.
      Everything that was said is true. And needs addressed.
      But it offers no solution.

  • @ampersignia
    @ampersignia 8 หลายเดือนก่อน +20

    Zooming out, “company towns” with one or two major employers shouldn’t exist imo. It should be a mission of city leadership to cultivate small and medium businesses to diversify the pool.

    • @mc1870-
      @mc1870- 8 หลายเดือนก่อน +5

      Every time I drive through a small town all I see are chain restaurants and maybe some stores like target and big lots. Small businesses can't even move in when these stores go out of business bc who can afford a walmart or restaurant with a giant parking lot and drive through besides a different massive corp?

    • @julietfischer5056
      @julietfischer5056 7 หลายเดือนก่อน +1

      Businesses that don't rely on the major employers for a customer base. Doesn't matter how great the products or services are if nobody can pay for them. Find things about the area that will attract out-of-towners and advertise them.

  • @neiljuedes1661
    @neiljuedes1661 หลายเดือนก่อน +2

    I have said for 50 years that if a company is taking their product over seas so they don’t have to pay the American workers. As we all know government officials have been in the big businesses pockets for ever. That is why we need to start working together and produce our own stuff and turn our backs on the government and big business. Can you imagine what we could do if we loved our neighbors and made it our mission to work together and do what the good Lord wanted us to do all along. Unfortunately the destruction of mankind will come before we see such a thing !

  • @Ianpact
    @Ianpact 6 หลายเดือนก่อน

    Thank you, MPU.

  • @NA_49erFan
    @NA_49erFan 8 หลายเดือนก่อน +26

    This was clearly an Anti Trust issue. Keep up the hard work. These companies need to suffer and profits are the only thing they care about. #boycottenergizer

  • @tradeprosper5002
    @tradeprosper5002 8 หลายเดือนก่อน +12

    As a business engineering consultant for decades, I watched manufacturing gutted. I visited Waukesha on a job in Wisconsin at close to retirement and it felt like most of America once did. Both our business and political leaders betrayed us.

  • @thomasjefferson1457
    @thomasjefferson1457 3 หลายเดือนก่อน +2

    What good is it to keep a product built in America if we can't afford to buy it.

  • @lokiwankenobi6138
    @lokiwankenobi6138 7 หลายเดือนก่อน

    Thank you! This was a great video and I learned a lot from it

  • @aaronbono4688
    @aaronbono4688 8 หลายเดือนก่อน +169

    This is what you get when you let a business man run the government.

    • @maryshkamiceli8388
      @maryshkamiceli8388 8 หลายเดือนก่อน +31

      Agree !
      And watch out for flim flam man Ramaswamy. He's cut from the same cloth.

    • @jamesw2855
      @jamesw2855 8 หลายเดือนก่อน +10

      Yep

    • @danieleber-xn3pr
      @danieleber-xn3pr 8 หลายเดือนก่อน

      baah baah of course you agree@@jamesw2855

    • @middleagebrotips3454
      @middleagebrotips3454 8 หลายเดือนก่อน +29

      Run a government like a business and they will treat you like employees and reward their lobbyists.

    • @ericgarcia4745
      @ericgarcia4745 8 หลายเดือนก่อน +11

      We totally need to get a community organizer in office.

  • @pilotnamealreadytaken6035
    @pilotnamealreadytaken6035 8 หลายเดือนก่อน +16

    Ross perot told us all what was going to happening to our manufacturing base.

    • @justme-in2jb
      @justme-in2jb 7 หลายเดือนก่อน

      I do agree, the best opportunity this country had for a President and we chose Clinton. We the people are to blame as much as the politicians for not standing when we had so many possibilities. We got NAFTA and the government housing fiasco with Clinton.

  • @jj-yj6ot
    @jj-yj6ot 7 หลายเดือนก่อน +3

    if you think the ceo"s pay was bad here. you should look at what two ceo"s that broke albertsons was paid. it is a matter of how much money they could
    steal out of a company.

  • @GettingOlderByTheDay71
    @GettingOlderByTheDay71 7 หลายเดือนก่อน

    Excellent reporting!!

  • @dvdv8197
    @dvdv8197 8 หลายเดือนก่อน +60

    Collectively we bargain, alone we BEG.
    In solidarity with all Workers and Unions. ❤❤️🥳🥳🔥🔥

    • @darthvader5300
      @darthvader5300 8 หลายเดือนก่อน

      It all started with Reagan when he FIRED all of the Unionized airport controllers without hearing first about their reasonable grievances and complaints which are all LEGITIMATE concerning safety. Then companies started using that incident to conduct their own union busting activities and policies and regulations and rules and laws.

    • @maximemeis2867
      @maximemeis2867 8 หลายเดือนก่อน +1

      That’s because of unions that these jobs are gone. Unions make you uncompetitive.

    • @dvdv8197
      @dvdv8197 8 หลายเดือนก่อน

      @@maximemeis2867 🤡🤡 no, they do not. Stop lying and repeating corporate lines.
      Also, competitiveness is a thinly veiled euphemism for 'race to the bottom'. Enough is ENOUGH.

  • @user-dv1hp5fp2x
    @user-dv1hp5fp2x 8 หลายเดือนก่อน +20

    Cany, you blame them? The American political system is a duopoly.

    • @hueco5002
      @hueco5002 8 หลายเดือนก่อน

      You spelled “monopoly” wrong

    • @user-dv1hp5fp2x
      @user-dv1hp5fp2x 8 หลายเดือนก่อน +3

      @@hueco5002 duopolies are better is better. It's the idea of choice

    • @Jpturlax01
      @Jpturlax01 7 หลายเดือนก่อน

      No, I think they were making a sarcastic remark of how the Democrats and Republicans are just the same party with Center-Right and Far-Right corporatism politics respectively. So basically, even if you vote for one or the other, they'll always have the corporations' backs, effectively making America a right-wing corporate state. @@user-dv1hp5fp2x

  • @tamravarda4161
    @tamravarda4161 7 หลายเดือนก่อน

    Great reporting

  • @justliberty4072
    @justliberty4072 7 หลายเดือนก่อน +3

    If you prioritize keeping jobs in FTC merger analyses, you will incentivize more US companies to simply close down US operations and move them overseas. They won't merge, but they'll find other ways of decreasing costs in the face of international competition. Also notice that the NC workers gained a plant while the WI workers lost one. Whose fault is it that the plant closed down?

  • @edward1937
    @edward1937 8 หลายเดือนก่อน +18

    GET POLITICAL! GET ACTIVE!

    • @RS-ls7mm
      @RS-ls7mm 8 หลายเดือนก่อน

      Words. On TH-cam. Meaningless.

  • @hegyak
    @hegyak 8 หลายเดือนก่อน +28

    Who? Easy. CEO/Corporate Owners.
    Duh. Profits MUST be obtained at ALL COSTS. NO. EXCEPTIONS.

  • @youtubesucks1499
    @youtubesucks1499 หลายเดือนก่อน +1

    H, Ross Perot warned us back in late 1980's that NAFTA would suck 1 million high paying manufacturing jobs out of the United States.
    If you Google his old videos, EVERYTHING he warned us about has come to pass.

  • @Chu6um
    @Chu6um 7 หลายเดือนก่อน +2

    One would wonder where all the political donations come from, as it's not likely from all of the constituents. Usually, the bulk stems from those 'special interest group' funds, or the ambiguous 'super pac' funds. There's a reason why so many industries and corporations have offices located in the DC area, with the army of lobbyists circling around the appropriate politicians and 'special interest' committee group members. It's not the politicians deciding much of the decisions regarding policies, regulations and laws governing the national infrastructure and businesses. It's the army of corporate lobbyists, with their large donations, who are those 'Rich Men' in that DC area. No matter the side one's on, there's a pile of money just waiting to skew the results in favor of the executives of those corporations. The overall friendliness to keep corporations has been hardest hit when it involves those large labor pools. They're the first to pull out when costs rise, and there are many other countries who are more than happy to take them in, using their lower cost labor pool of people.

  • @user-ku6tr4vd6z
    @user-ku6tr4vd6z 8 หลายเดือนก่อน +37

    What surprises me most, is these people thought their jobs were safe. Complacency is the #2 killer. What's #1? Ignorance. Put them together, and a person has zero chance of a happy ending.

    • @DrTLEvans
      @DrTLEvans 7 หลายเดือนก่อน +3

      This! You have to be a life learner and continuously update your skills, do self assessments, have goals, and a plan to achieve them. Don’t be mad when your life changes when you leave the controls in the hands of others. Have multiple streams of income. If you stay ready, you won’t have to get ready. And, stop blaming other minority groups and immigrants for what’s going on in your life when you aren’t in control over your life.

    • @dekippiesip
      @dekippiesip 7 หลายเดือนก่อน

      ​@dr.tlevans6464 the problem is that we simply have too many stupid people, npc's, whatever you want to call them. They are one trick pony's and assume that they can use developed muscle memory at a job for 40 years up to their pension.
      They have a veryhard time adapting to changing market and economic dynamics, and keeping their skills up to date proactively.

    • @sirena7116
      @sirena7116 7 หลายเดือนก่อน +1

      I can imagine that back then people told the workers that if they began at this company, which is going to be around forever, that if they did a good job they would always have a good job because the company cared about them. That is kind of the way things were in the 60s and 70s, which is why there are so many people who were at one company for the entirety of their career. I don't blame them. We were raised in a post this sort of thing environment.

    • @julietfischer5056
      @julietfischer5056 7 หลายเดือนก่อน +1

      When a company or other employer has been around for decades or generations, it's easy to feel safe. How many expect the business founded in, say, 1810 to fold up in 2023? Yet it happens.

    • @julietfischer5056
      @julietfischer5056 7 หลายเดือนก่อน

      @@DrTLEvans- If the learning and updating are even possible. Multiple jobs and wonky hours can wreck that. Do what you can.

  • @doisenwadzinski6171
    @doisenwadzinski6171 7 หลายเดือนก่อน +14

    This hit's close to home. Born and raised in the state of Wisconsin. This isn't just this business or type of business, this is across all markets.
    This country is going downhill and quick. We need politicians that actually care about the citizens and not just the corporations that pollute, destroy and contaminate our planet.
    Remember this when you vote. I just wish conservatives would do a little research themselves and not just take everything at their spokesperson's word.

    • @kristinafletcher2919
      @kristinafletcher2919 7 หลายเดือนก่อน +2

      VOTE BLUE!

    • @justme-in2jb
      @justme-in2jb 7 หลายเดือนก่อน

      @@kristinafletcher2919This thinking is what put us exactly where we are, do you believe the "Blue" is standing for your rights and the "Red" is all out for big money. Blue got us NAFTA and a lot of other fine deals against the American worker. This is strictly a bi-partisan issue and as long as you allow big money and lobbyist in Washington it will grow until there is nothing left but a Rockerfeller looking down out of his big window wanting to expand to make more money at workers expense.

    • @Zulgen123
      @Zulgen123 3 หลายเดือนก่อน

      @@kristinafletcher2919 for higher gas prices and shrinkflation

  • @BradleySmith1985
    @BradleySmith1985 7 หลายเดือนก่อน +3

    I have a solution: No top executives or business owners should be allowed to earn more than 200% more than the lowest-paid employee or contractor. This would stabilize the company and reduce the frequency of shutdowns. It would also ensure that funds are distributed more equitably among the workforce. Additionally, if a company conducts a mass layoff involving either 100 or more employees, or more than 5% of its workforce-whichever is lower-it should be required to pay each laid-off employee an equivalent of three years' salary. if the company can not afford this than they should of known it was coming and than the business must be split up and equal shares divided to all employees.

  • @timm2845
    @timm2845 7 หลายเดือนก่อน +2

    Companies have been running from unions since the seventies .

  • @scottmcintyre9997
    @scottmcintyre9997 8 หลายเดือนก่อน +10

    Being treated like pieces on a chess board? Workers are not even on the chess board, let alone playing the same game.

    • @ohiasdxfcghbljokasdjhnfvaw4ehr
      @ohiasdxfcghbljokasdjhnfvaw4ehr 8 หลายเดือนก่อน +2

      idk if you've played chess, they're very much like pawns, who basically only exist to be sacrificed

  • @Tennesseemomtho
    @Tennesseemomtho 8 หลายเดือนก่อน +25

    This has been going on since the 1990s. In the late 1990s and early 2000s, Danville, VA, Martinsville, VA, Detroit, MI, and numerous other towns have been destroyed because of this stuff. Not to mention the families that have been torn apart because of people having to move across the country to find work.

    • @connor_flanigan
      @connor_flanigan 8 หลายเดือนก่อน

      99% of the reason that Dan River Mills, Tultex, Cannon Mills, West Point Stevens and other old/huge factories were bankrupted was because walmart quit buying their products

    • @olliemck60
      @olliemck60 8 หลายเดือนก่อน +2

      even before the 90s, my company moved 1000s of jobs to Asia in the 70s.

    • @drewcoowoohoo
      @drewcoowoohoo 8 หลายเดือนก่อน

      Try the 70s, not the 90s. Deregulation started with Carter and has happened more and more with every administration since. That meant everything from allowing oligopolies to form to less control over companies' damage to local environments to greasing "free trade," allowing jobs to leave, to becoming actively hostile to unions and more.

    • @ohiasdxfcghbljokasdjhnfvaw4ehr
      @ohiasdxfcghbljokasdjhnfvaw4ehr 8 หลายเดือนก่อน

      that's because it was right after regan, who is the one who began the destruction of our economy and government for the benefit of the wealthy

    • @connor_flanigan
      @connor_flanigan 7 หลายเดือนก่อน

      @@olliemck60 that was your choice (if it was "your" company)

  • @wreitz455
    @wreitz455 7 หลายเดือนก่อน +2

    My sympathies to the energizer employees. I am from one of those other merger companies was listed in the video. They are going to layoff all of us overtime. This year was the 2nd year of layoffs and we lost a lot of people. The "plan" seems to be to get to pre merger employee levels of the parent company. I dont see how that can happen and our group be anything be a hollow shell next year.

  • @ursulasmith6402
    @ursulasmith6402 7 หลายเดือนก่อน +15

    Outscoring started with Nixon, Reagan really shfted this in high gear. Republicans, people.

    • @dancarlton7973
      @dancarlton7973 7 หลายเดือนก่อน

      But Democrats and unions killed jobs.

    • @user-rr1jw9cz1u
      @user-rr1jw9cz1u 7 หลายเดือนก่อน

      Republicans!

    • @fermiticus4034
      @fermiticus4034 7 หลายเดือนก่อน

      Too bad there wasn't any democrats between Reagan and now, that could have changed anything!
      ....oh wait...
      Left and right are just 2 cheeks from the same @$$.

    • @justme-in2jb
      @justme-in2jb 7 หลายเดือนก่อน

      Someone explain how they believe one party is to blame while they're waiting in line for the next jab. "Blue" doesn't do one thing for the people, this is strictly a bi-partisan effort to cancel the middle class. We have to start using what little brain we have to work together on this issue, these establishment politicians are too busy padding their pocketbooks to do anything for the people. There are a few on each side of the aisle that actually believe they are for America, problem is the establishment buries them with their enormous weight.

    • @michaelsoutherland3023
      @michaelsoutherland3023 6 หลายเดือนก่อน

      Clinton was paid nicely not to interfere.

  • @jamesspash5561
    @jamesspash5561 8 หลายเดือนก่อน +12

    I'm in a different industry, (non manufacturing) but it's the same and has been happening in ours for over 30 years. I call it a cancer, and it's starting to spread faster every year.

    • @lyndamedley543
      @lyndamedley543 7 หลายเดือนก่อน

      Agree
      We have had too much union busting. NO health care for the poor till Obama causing hospitals to go bankrupt in 1990's and early 2000s.. Affordable care act helped hospitals and Medicaid expansion for poor. There are solutions out there but you won't get any voting for tax cuts for the rich and corporations voting GOP GETS YOU ONLY THAT. Vote blue 💙🔵 if you want Workers fair chances

  • @jamesw2855
    @jamesw2855 8 หลายเดือนก่อน +13

    My company moved its manufacturing to Mexico. Not sure what America is going to do about this. CEOs get rich and middle class suffers. Our legislation should protect our jobs and not taking lobbyists kick backs. But it’s all broken and there ain’t no way to fix it.

  • @Discretesignals
    @Discretesignals 7 หลายเดือนก่อน +7

    I would like to see a CEO's honest story on this situation. You never hear their side of the story why they actually make those decisions.

  • @juditrotter5176
    @juditrotter5176 7 หลายเดือนก่อน +2

    We really let this get way out of control. I was a corporate manager for almost 40 years. The first half I was able to help my team learn and grow. Then I was faced with every year laying people off. Lay off after layoffs. It is destroying America. This is why Maga is so afraid and angry. You shouldn’t have to work two jobs to have a roof over your head and food on the table.

  • @Pomeray8
    @Pomeray8 7 หลายเดือนก่อน +12

    I travel all of the time, and recently came back from dmv, mid-atlantic, alleghany regions. It is crazy to what extent the middle-class, let alone generational wealth has been hollowed out (and offshored into shell corporations). The rural areas have been just as fucked over at the cities. Somehow places like Baltimore, Pittsburgh were amazing visits despite the legacy of bad policies, and disinvestment. There is a tale of two Americas: one tale is we are constructiong a vast permanent underclass...

  • @jish55
    @jish55 8 หลายเดือนก่อน +6

    Who killed the jobs? CEOs killed the jobs. It wasn't politicians, wasn't Democrats or Republicans, it was CEOs who took advantage of policies they got politicians to pass and then instead of doing what they were supposed to do, either sent the jobs overseas for cheaper labor or automated (with automation becoming far more prevalent). So at the end of the day, if you want jobs back, you're gonna need policy makers to go against their own self interests and make laws that restrict businesses from automating and going overseas, which in turn opens the floodgates into other things being restricted and regulated (like prices). If you don't want businesses to be regulated and restricted, then be prepared to see more jobs being automated and shipped overseas.

    • @michaelsoutherland3023
      @michaelsoutherland3023 6 หลายเดือนก่อน

      That's thinking too much.
      We're supposed to get pissed off and rant about Republicans.

  • @allenestes5265
    @allenestes5265 4 หลายเดือนก่อน +1

    Has it not occurred to you that unions demanding $25. To $35 an hour and Americans who don't support that may have contributed to ownners moving their sourcing overseas??

  • @jeffreylawson5082
    @jeffreylawson5082 7 หลายเดือนก่อน +1

    The bottom line is that CEO's started chasing profits and thus left people to get creative with employing themselves or else...

  • @danieljacobson9139
    @danieljacobson9139 8 หลายเดือนก่อน +11

    I lived in a one company town when I was a kid. I have felt this pain. Our family's home was foreclosed, jobs lost, and we had to move.

    • @kbrant284
      @kbrant284 7 หลายเดือนก่อน +3

      I'm so sorry for your family, that should never happen to anyone. I hope everything turned out OK for you all.

    • @danieljacobson9139
      @danieljacobson9139 7 หลายเดือนก่อน +3

      @@kbrant284 it was 1984. Ancient history. But the one memory that is burned into my memory is, as an eight year old, looking up and down the street and seeing almost every house in our block with a for sale sign planted in the front lawn. Klamath Falls, Or. didn't die, but it didn't exactly recover either from what I heard.

  • @dvdv8197
    @dvdv8197 8 หลายเดือนก่อน +13

    "It's almost as if [the increase in CEO pay] is a reward to lay off Workers."
    It's not 'ALMOST' a reward. It simply IS! 😤😤
    CAP THE CEO PAY NOW! 20 TIMES LOWEST SALARY SEEMS MORE THAN FAIR!!

  • @RandomAudioGuys
    @RandomAudioGuys 7 หลายเดือนก่อน +8

    And knowing what happen at the FTC under Trump, they will still vote for him. We watched the Ohio plant do it after he promised to keep it running and they even revoted for him in 2020. Too many people watch who the President will be and not the small policies they allow that created this mess.

    • @steveschilling5966
      @steveschilling5966 7 หลายเดือนก่อน

      republicans are not worker friendly never will be.

  • @toastrecon
    @toastrecon 7 หลายเดือนก่อน +1

    You know what's not being said: the fact that there's a third option that is already being piloted in the USA: robotics. They've been using them for years in so many industries, and with the explosion of AI, I'm betting that in the next 5 years, we'll see large amounts of jobs being lost to automation. Amazon is already piloting a plant that has both human and robotic workers.

  • @geegaw1535
    @geegaw1535 8 หลายเดือนก่อน +10

    Who purchased Energizer and rayovac?
    It should be public information. Idk.

  • @dvdv8197
    @dvdv8197 8 หลายเดือนก่อน +10

    These Workers should have had the right to strike FROM DAY ONE while the companies still paid for their salaries.
    This is so goddamn disgusting and rampant. 😢😤

    • @cryptomaster278
      @cryptomaster278 8 หลายเดือนก่อน +2

      You don't work so you don't get salary easy as that. The solution is worker gather money and make its own company

  • @JeffLemmon-kh4nm
    @JeffLemmon-kh4nm 7 หลายเดือนก่อน

    Thank you!

  • @kdavidsmith1
    @kdavidsmith1 3 หลายเดือนก่อน +1

    This is what happens when corporations own the government. We need to be breaking up these monopolies. We also need to wrest back some of the manufacturing from over seas. It is a national security issue.

  • @AshAshAshAshAshAshAshAshAshAsh
    @AshAshAshAshAshAshAshAshAshAsh 8 หลายเดือนก่อน +80

    We need to do what they do with cars, solar, and wind turbines; make it where a certain percentage of the sales have to be made or assembled in North America. Do this across the board. It would decrease our reliance on India/China while also building our economy and our neighbors economy, helping Mexico would help decrease migration too since good jobs would go there instead of India/china. China is currently tossing Mexico money for this

    • @traewatkins931
      @traewatkins931 8 หลายเดือนก่อน +1

      Or get rid of income tax (or at least lower it significantly and permanently) and bring back the tariffs on imports that were what this country was designed to run off of.

    • @qjtvaddict
      @qjtvaddict 8 หลายเดือนก่อน

      China: we TOLD YOU SO!!!!

    • @qjtvaddict
      @qjtvaddict 8 หลายเดือนก่อน

      @@traewatkins931like the soviets? Not enough

    • @greevar
      @greevar 8 หลายเดือนก่อน +9

      No, that will never work. The solution is that the workers should own their workplace. The problem is that the people who own the company do not face the same consequences the workers face when they decide to wipe out thousands of jobs to move operations where they can better exploit workers who have no collective bargaining power.

    • @deenil
      @deenil 8 หลายเดือนก่อน +5

      ​@@traewatkins931the income tax for the rich? Or for everyone else? I don't think we need to lower the taxes for the rich any more than it is now.

  • @gorillaguerillaDK
    @gorillaguerillaDK 8 หลายเดือนก่อน +13

    First of all, so called "non-union" factories need to be blockaded!!
    Here where I live in Scandinavia, really often, when large lay offs happens, the companies often start programs to re-train the staff to make it easier for them to get new jobs.
    Luckily we're in a situation where there’s low unemployment in general, and in sectors like healthcare, we’re in dire need of more hands!

    • @williaml.baptiste3597
      @williaml.baptiste3597 8 หลายเดือนก่อน

      That's not filthy rich amuriKKKlan fascism business as usual for the rich as it is here.

    • @baikeiast5255
      @baikeiast5255 8 หลายเดือนก่อน

      Your country produce ice 😅😅😅😅😅

    • @gorillaguerillaDK
      @gorillaguerillaDK 8 หลายเดือนก่อน

      @@baikeiast5255
      Ice?
      My country produce butter, bacon, wind turbines, and small plastic bricks half of the English speaking world can’t pronounce the name of, or manage to spell….
      Oh, and my country also produce the worlds currently most popular weight management drug!

    • @gorillaguerillaDK
      @gorillaguerillaDK 8 หลายเดือนก่อน +1

      But it’s definitely the plastic bricks we are best known for!

    • @OutsideSometimes
      @OutsideSometimes 3 หลายเดือนก่อน

      Legit why sometimes I consider moving to Sweden or Norway, no joke. The pull is real. It's also where the majority of my ancestry is from, and I still have ties to my family in Sweden and keep in contact. Really wanna visit again at least, go ski Åre.

  • @garysaunders2029
    @garysaunders2029 8 หลายเดือนก่อน +34

    They shouldn’t be allowed to import their batteries back into us

  • @karlbmiles
    @karlbmiles 5 หลายเดือนก่อน +1

    In a small town you are risk, if you're in a union you are at risk. You can't always blame the company, FTC, China, or the president. Plan your life to avoid risk.

  • @DrTLEvans
    @DrTLEvans 7 หลายเดือนก่อน +1

    Manufacturing jobs were leaving when I first entered the job market in the late 90s. Ppl think they can make companies do what they want or things in life are not supposed to change due to their complacency. That’s not how life works, not even as a business owner. I can’t grow my business playing it safe or not keeping up with market trends in order to meet the needs of my clients and my business goals or how to avoid disasters. You have to be lead your life like a CEO. No one owes anyone, anything. The old fear mongering by politicians only benefits them because they rely upon vulnerable populations to be easily manipulated and controlled to help them stay in power while crushing us all. When the bottom 90% learn how to get along to partner, collaborate, and build, the 10% will be concerned because we can decreased the wage gap. It makes no sense for them to have more wealth than 90% of our population. Meanwhile, we continue to dig our holes deeper by being divided and at each other’s throats by being concerned by trivial things and being lead by ideologies and feelings more so logic and facts. I don’t have to like you to partner and collaborate as long as we both benefit. Chile…this would never happen today. Good luck to the future generations. Especially when the current generations are banning books and facts because they don’t want to be uncomfortable or feel it’s their way or no way.🙄🤦🏾‍♀️

    • @arguescreamholler
      @arguescreamholler 7 หลายเดือนก่อน

      *You're 100% Illiterate Of Facts!*
      Right jobs was leaving in the 90's.
      *After Our Government Passed The FREE TRADE AGREEMENTS Opening The Doors To SLAVE LABOR, AND NO REGULATIONS TO OBEY In The 80's!*
      Companies wasn't allowed to pack up and leave for many reasons that could Destroy The Country! As you see now.
      *Your ignorance and selfishness is why we see such failures in our country now.*
      You Ask The Same People To Be Patriots Of Illiterate Ideologies Dedication To The Country, While Saying YOU HAVE NO COMMITMENT TO THE COUNTRY AND DON'T OWE ANYBODY SHIT!
      *Happy Fourth Of July!*

  • @dvdv8197
    @dvdv8197 8 หลายเดือนก่อน +45

    It's not just about CEO pay.
    Also the Workers' treatment BY those CEO's!!
    IF they actually treated their Workers well AND gave them a FAIR/LIVEABLE wage, NO ONE would have anything against those disgustingly high CEO salaries.
    But the rub is the fact they earn MILLIONS why they EXPLOIT their Workers! THAT'S UNACCEPTABLE!!!! 😤😤😤😤

    • @HideYourKarmaChameleon
      @HideYourKarmaChameleon 8 หลายเดือนก่อน

      No one wants to be exploited anymore…🫠

    • @RS-ls7mm
      @RS-ls7mm 8 หลายเดือนก่อน

      Its the government job to insure jobs with livable wages are available. Its YOUR job to learn the skills to earn that job, otherwise you are donkey labor (which goes for less than $2/hr in the world) No one owes you money for just being alive. Average CEO salary in the US is around $175K, average worker is $65K, more than fair since the CEO is taking all the risks.

    • @dvdv8197
      @dvdv8197 8 หลายเดือนก่อน +3

      @@RS-ls7mm lmfao. Ridiculous claim. We're talking about CEO's of BIG CORPORATIONS. Taking into account independent Workers with few to no salaried workers they employ, is so disingenuous.

    • @RS-ls7mm
      @RS-ls7mm 8 หลายเดือนก่อน

      @@dvdv8197 You are having your own conversation in your head. Nothing to do with what I said.

    • @dvdv8197
      @dvdv8197 8 หลายเดือนก่อน +3

      @@RS-ls7mm lmao ok sure, dismiss my valid points. Good day.

  • @jeffaulik3980
    @jeffaulik3980 8 หลายเดือนก่อน +13

    This has been going on for over 100 years. When our plant was bought in 2012, we were all told we were fired, and that was that.

    • @drewcoowoohoo
      @drewcoowoohoo 8 หลายเดือนก่อน +6

      What exactly has been going on for over 100 years?
      From FDR to Nixon we had a strong, growing middle class because we preserved regulations to keep the next gilded age from happening. Businesses during that brief era of well-being had a responsibility to their communities. Longer-term thinking led to developing generational relations between customers and manufacturers and repeat business was seen as good business.
      In the 70s that started unraveling with Carter's deregulation of transportation and setting the conditions for the PATCO strike that Reagan busted. It's gotten worse with every administration since, red or blue.

  • @alanbailey5621
    @alanbailey5621 7 หลายเดือนก่อน +1

    I think this subject is behind the times, All throughout the 70's, 80's and 90's America was losing it's manufacturing base to cheap overseas labor. That is changing now more than ever.

  • @xlerb2286
    @xlerb2286 7 หลายเดือนก่อน +1

    Yup, everything is getting hollowed out. Companies are much more concerned with short term profits than in long term sustainability of their business. As a shareholder I like dividends, but I understand in a healthy company much of the revenue needs to go back into the company. To pay wages to attract and keep talented employees, to support R&D for future products, the list goes on. There's only so much you can take out of a company for dividends, bonuses to execs, without bleeding the company dry in the long term. And government regulations are less help all the time. People keep listening to what politicians say about supporting workers while ignoring what they do, who they appoint, what policies are enforced and which are ignored. You maybe can't fool all the people all the time but our current crop of politicians seems to be able to fool enough of the people enough of the time. It's in our hands to make things better. First step is to stop being fooled.

  • @mgreg8134
    @mgreg8134 8 หลายเดือนก่อน +19

    I have been complaining about this problem for years to my Senators and Representatives to no avail. Big money controls the government to their benefit. There will be no change until we get money and lobbyist out of politics.
    Kroger and Albertsons/Safeway are merging , in my area that means there will be two major grocers Walmart and Kroger.

    • @williamhaynes7089
      @williamhaynes7089 8 หลายเดือนก่อน +3

      Dont forget that Kroger has no Butchers as uses all pre packaged meats... all thoose workers will be canned soon.

    • @maximemeis2867
      @maximemeis2867 8 หลายเดือนก่อน +1

      Good that you could not change anything. Businesses have a right to merger. People are not entitled to a job if it does not add value to the business

    • @mgreg8134
      @mgreg8134 8 หลายเดือนก่อน

      @@maximemeis2867 They do not have a right to monopolize a market or manipulate prices by limiting competition. We have laws against that in this country. I have news for you every worker adds value to a business they can't function without workers.
      The same arguments you are making were made during the age of the robber barons and America's gilded age.
      I am retired now but while I was working my hands created wealth for my employer. I had just one boss with an attitude like yours . he told two of his best employees myself and another he could get along just fine without us.
      We both quit and within a year and a half he went from having five glass shops and growing to filing for bankruptcy. He failed to see who was actually the glue that held that company together.

    • @drewcoowoohoo
      @drewcoowoohoo 8 หลายเดือนก่อน +4

      @@maximemeis2867 Businesses have only whatever privileges we, the society, grant them. We allow them to exist.
      They seem to have forgotten this. Maybe it's time for some harsh reminders.

    • @maximemeis2867
      @maximemeis2867 7 หลายเดือนก่อน

      @@drewcoowoohoo no that don t exist as a priviledge but as a right. Individuals have a right to produce and trade. Individuals have a right to put their ressources together and produce and trade. That what a company. If you don t like corporations, your only right you have is the right not to buy their product and not to accept their job offers. Producers don t exist because of anyone s tolerance.

  • @user-xt3vu9nm3d
    @user-xt3vu9nm3d 20 ชั่วโมงที่ผ่านมา

    And WE fall for it every time. The money we lose goes to the profits, the profits then go to campaign contributions for the people that enable it

  • @bwasman8409
    @bwasman8409 5 หลายเดือนก่อน +1

    Unions have very much outweighed their usefulness....it has cycled the opposite direction it began!

  • @hanoverhomesteadva5473
    @hanoverhomesteadva5473 8 หลายเดือนก่อน +13

    I worked in the steel industry for most of my adult life. The two big reasons that competition from overseas has an advantage are taxes and EPA standards. China subsidizes manufacturing and the USA taxes them. The USA has EPA standards and places like China just dump everything. I worked exclusively in non-union mills and I will say the pay at the non-union mills paid far more than union shops. If you want more industrial work in the USA address uneven playing field with foreign competition. Tariffs should be in place for countries that don't meet our EPA standards.

    • @duroshebanja6810
      @duroshebanja6810 5 หลายเดือนก่อน

      Absolutely correct. American manufacturers can’t compete with Communist manufacturing that are state supported. Even Japan state supports their industrial manufacturing. They can sell at a loss & their governments subsidize their losses.

    • @GenXamerica
      @GenXamerica 5 หลายเดือนก่อน

      We had a POTUS just a few years ago that did just that and we all had thousands a month more in our pockets. We were on our way but the same people complaining now thought he was too mean and bought the lies from the corporations stealing from them.