Showing posts with label Wages. Show all posts
Showing posts with label Wages. Show all posts

12.29.2008

Ziggy tries to get by on $125,900

Manitowoc County Exec and State rep Bob Ziegelbauer announced today that he "will be returning my scheduled pay raise for this session."

Brave action Ziggy, maybe in your press release you should have mentioned that you also will be receiving $75,813 in pay as County Exec in Manitowoc.

Ziegelbauer, however, rightly points out in his press release:

Note to the press: Since these raises occur only once every two years, in fairness, this increase ought to be described as a "5.3% over two years" or "equivalent to a 2.65% annual increase", not simply as a "5.3% pay increase".
What he doesn't point out is that his scheduled annual pay increase as County Exec is about 3.5%, from $78,500. Even greater than his increase in Legislative pay.

Now, I don't point this out specifically to dump on Ziegelbauer. I do it to point out the stupidity of the entire exercise.

Lawmakers, like any other worker, are entitled to a fair wage. It is not out of line to increase their pay by a level close to inflation.

But, stupid politics dictates that these leggies need to deny themselves this raise. If a Rep had some guts, they would say that the raise is not out of line, and they have bills to pay just like any other WI resident. Most of them are your representatives as their only full-time job.

If anything else, we should let the market speak, maybe if salaries were larger for these people, we might get a better quality employee to run...

Either way, Ziegelbauer is not a hero for refusing the raise, he is just another politician - making a symbolic stance that is in essence meaningless and of no consequence to his entire pay package.

1.30.2007

In Peoria, Bush Celebrates the End of the American Middle Class

The story that is not being told about Bush's visit to Peoria:

"There is a balance that must be struck,” Caterpillar group president Douglas Oberhelman told The New York Times, “between being competitive and being middle class.”
That is from a February 26, 2006 story in the New York Times (I blogged it here and here).

Remember this when you hear that:

Bush is touting Peoria-based Caterpillar as an example of how his administration's trade agreements and tax breaks can boost global sales and create jobs for U.S. workers.
What he is really saying is that by selling out real middle-class supporting jobs, Caterpillar can:

... net about $9 billion in sales outside of North America in 2006, when revenues of about $41.5 billion netted profits that topped $3.5 billion -- both company records.
Where is the extra profit coming from?

Highly profitable Caterpillar Tractor, for instance, now offers its new hires just $22 an hour in wages and benefits, half what it pays its more senior employees.
and:

After more than a decade of failed strikes and job actions — mainly in Illinois, where Caterpillar has its biggest factories — the U.A.W. reluctantly accepted a two-tier contract that provides for significantly lower wages and benefits for newly hired employees. The new second tier is as much as $20 an hour below the cost of employing Mr. Doty, 50, and a dwindling band of other veterans.
Bush is in Peoria today... Celebrating that community winning the race to the bottom, and the end of the American Middle Class.

And the $3.5 billion profit it netted his supporters.

Greg Baise, president and CEO of the Illinois Manufacturers Association, disagreed, calling Caterpillar the perfect stop ahead of Bush's economic address.

“Cat has had a very strong run the last few years. If there was a symbol of industrial might in America, I think they represent that as much as anyone,” Baise said.

Unfortuantely, he is correct.