So the Catfood Commission wants to:

1) raise the Social Security retirement age to 69  - when we are near 10% unemployment (and more like 22% real unemployment when you count people who have given up looking) - this will just make unemployment WORSE as it forces older workers to cling to their jobs instead of freeing up jobs to younger workers.

2) ( Read more... )

According to the report "CEO Pay and the Great Recession," chief executive officers of the 50 firms that laid off the most workers since the start of the economic crisis earned nearly $12 million on average in 2009. That's 42 percent more than the average pay of CEOs at S&P 500 firms as a whole.
"I think that really shows a really perverse incentive ( Read more... )

Call centre workers are becoming as cheap to hire in the US as they are in India

Yay?

 
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 US to train IT Workers -- in South Asia and Armenia

Bleeping class war is turning into a class carnage.