Friday, December 28, 2007


Here is what I'm talking about.....
Labor: Most businesses closing because of wage increase
MOST if not all of the notices of closures that the Department of Labor has received from companies this year cited the increase in minimum wage as the main reason for shutting down, according to Labor administrator Rose Ada-Hocog.
Since early this year, she added, Labor has received 150 notices of closures and these do not include garment factories.
She said the notices cite the federally mandated wage increase, the first phase of which took effect on July 25 and raised the minimum $3.05 hourly rate to $3.55.
The other factors that were mentioned included the rising cost of production, slow down of sales, and the continuously increasing energy and shipping costs.
This is bullshit spewed forth by losers and oppressors...
So the wage went up from $3.05 to $3.55, this amount is approximately a 16+% increase. Power rates in the interim have doubled, that's a 100% increase. Gasoline has doubled, that's a 100% increase. Sales have slowed everywhere, so why blame the wage increases only? These bottom feeders would have kicked the bucket anyway without a wage increase but are sadistically using the increases to spread resentment toward any type of financial improvements made toward the lowest wage earners. I say, "don't let the door hit you on the ass on the way out!"
So why is the labor department trying to blame the smallest of increases as the culprit of these businesses closing? Any business that can't afford a 16% increase in wages after over 10 years of repression needs to be gotten rid of. These are the scumbags of the economy, the abusers of human rights, the perpetrators of oppression. Thank goodness these low-lifers are squashed out of the picture and sent packing. These despicable businesses are not needed to carry out the economic development of anything, anytime, anywhere. Good riddance...


SteeleOnSaipan said...

Agreed Glen, a much needed weeding out that isn't yet complete.

I'm still in shocked disbelief over the other headline, how agency heads aren't finding it necessary to attend budget meetings and that the "legislators" get pissy and close up shop. Does anybody in a leadership position in the local gov't feel a need to earn their pay?
If one needs any further proof than this that the status quo is completely dysfunctional and broken, then he needs to stand out on Middle Rd. until a bus runs him over. Nothing could be more glaringly obvious. Mike Sablan must be pulling his hair out.

lil_hammerhead said...

I thought exactly the same thing Glen. What a bunch of BS. They don't think people see through this nonsense?

More workers from factories are sent home due to the wage increase.. more businesses aren't closing because of this.

They just refuse to acknowledge or deal with the real problems.

glend558 said...

Steele, If your company ran that way, how long would it function?

Lil, It's all denial. Wanting to point fingers elsewhere.