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robertreich · 1 year

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This One Thing Would Increase Wages By $300 Billion

There's a dirty trick many employers use to keep workers from getting a better job.

Some 30 million Americans are trapped by contracts that say if they leave their current job, they can't work for a rival company or start a new business of their own.

These are called non-compete agreements.

They block workers from seeing higher wages or better working conditions. And they enlarge corporate monopoly power by stifling competition.

But a sweeping new rule from the Federal Trade Commission would put a stop to these non-compete agreements.

The FTC estimates that banning them could increase wages by nearly $300 billion a year overall by allowing workers to pursue better job opportunities.

But non-competes aren’t just bad for workers. They also harm the economy as a whole by depriving growing businesses of the talent and experience they need to build and expand.

Experts argue California’s ban on non-competes was a major reason for Silicon Valley’s boom.

For several decades, non-compete agreements have been cropping up all over the economy — not just in high-paying fields like banking and tech but as standard boilerplate for employment contracts in many lower-wage sectors such as construction, hospitality, and retail.

A recent survey found that non-competes are used for workers in more than a quarter of jobs where the typical employee only has a high school diploma. Another found that they disproportionately impact women and people of color.

Employers say they need noncompete agreements to protect trade secrets and investments they put into growing their businesses, like training workers.

Rubbish. Employers in states that already ban these agreements (such as California) show no sign of being more reluctant to invest in their businesses or train workers.

The real purpose of noncompetes is to make it harder (or impossible) for workers to bargain with rival employers for better pay or working conditions. Workers in states that have banned non-compete agreements have seen larger wage increases and more job mobility than workers in states where they are still legal.

As we learn again and again, the economy needs guardrails — and workers deserve protection. Otherwise, unfettered greed will lead to monopolies that charge high prices and suppress wages.

America once understood the importance of fighting monopolies. Woodrow Wilson created the Federal Trade Commission in 1914 to protect the public against the powerful corporate monopolies that fueled unprecedented inequality and political corruption.

In 1976, when I ran the policy planning staff at the FTC, it began cracking down on corporations under its then assertive chairman, Michael Pertschuk.

Corporate lobbyists and their allies in Congress were so unhappy they tried to choke off the agency’s funding, briefly closing it down. Pertschuk didn’t relent, but eventually he (and I) were replaced by Ronald Reagan’s appointees, who promptly defanged the agency.

Now, under its new Biden-appointed chair, Lina Khan, the FTC is back. Its ban on non-compete agreements nationwide marks the first time since Pertschuk that the agency has flexed its muscle to issue a rule prohibiting an unfair method of competition.

The rule is hardly a sure thing. I wouldn’t be surprised if the radical-right Republicans, now in control of the House, tried to pull off a stunt similar to what the House tried in the late 70s. And corporations are sure to appeal the rule all the way up to the Supreme Court.

In the meantime, kudos to Lina Khan and the FTC for protecting American workers from the unfettered greed of corporate America.

#youtube #economics #money #FTC #government #politics #video #videos

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hostess-of-horror · 1 year

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You know what? I'm going to say it.

Mario + Rabbids: Sparks of Hope has improved so much from the first game that it has made me want to hug every single Rabbid multiple times.

These were the Minions before the Minions existed, and they have come so far from being the definition of "Obnoxious and Loud = Funny" that's it really impressive!

Augie, who was kicked out by his own father and is/was constantly overshadowed by his brother? Give 'em a hug!

Wildclaw? Giant Kitty. Gotta hug him.

Midnite when she was defeated and Edge spared her? That face she makes? Hugging time!

Bedrock too? Yeah why not!

Woodrow? ALL THE HUGS AND SMOOCHES IN THE WORLD.

Sweetlopek? Yes. Dryad? Yes. Sullivan? Yes. Bea AND Phantom? Double yes. Rabbid Luigi? Yes. Rabbid Lina? Yes.

Yes yes yes yes yes yes!

AND YOU GET A HUG, AND YOU GET A HUG!

EVERYONE GETS HUGS!

#if you can't tell #i have thoughts and feelings #mario rabbids sparks of hope #mario rabbids #mario + rabbids sparks of hope #mario + rabbids #hugs #just my ramblings

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minnesotamedic186 · 2 years

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Medic Plays Mario + Rabbids: Sparks Of Hope, Palette Prime

This post contains MAJOR spoilers for the game, so viewer discretion is advised

Rabbid Peach = RP

Rabbid Mario = Remmy

Rabbid Luigi = Louie

Rabbid Rosalina = Lina

Onto Palette Prime and

wOAH MAMA that don't look good-!

Woodrow, I appreciate you-

Oh I love this new power-!

Dear god that was tough, but we did it!

And now the forest is pretty again-!

Now we just gotta deal with the brawl at the plaza-

This fight is heating up, and Bowser's gonna need some assistance whether he likes it or not

At least he gets a new weapon out of it

YAS! GO MY RABBID MECHA-KOOPAS!!!

Edge we all know by now you gots something to hide, but that would have to wait for-

...

Oh boy-

#medic gaming: nintendo edition #mario + rabbids #mario + rabbids sparks of hope #princess peach #rabbid luigi #rabbid edge #bowser #midnite #rabbid bedrock #rabbid daphne #ts woodrow

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todaysdocument · 2 years

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Resolution Adopted by the Student Body of Flemington High School, 5/4/1917

File Unit: Petitions and Memorials, Resolutions of State Legislatures, and Related Documents Which Were Referred to the Committee on the Judiciary during the 65th Congress, 1917 - 1919

Series: Petitions and Memorials, 1813 - 1968

Record Group 233: Records of the U.S. House of Representatives, 1789 - 2015

Transcription:

Resolutions Adopted by the Student Body of Flemington High School.

Present in Mass Meeting

May Fourth Nineteen Seventeen

__________________________________________

Whereas-Our beloved Nation is confronted with the serious situation of War with a foreign nation that challenges our united and entire support; and

Whereas-We are moved with a laudable pride to see Our Nation bring the issue of this war to a praiseworthy success. Be it therefore

Resolved-That we, the Students of Flemington High School, Flemington, New Jersey, do, hereby pledge our unresolved support to the government of the

United States of America in the preparation for and in the execution of our present conflict; and be it further

Resolved-That we most respectfully urge the "immediate prohibition of the liquor traffic for the conservation of food supplies, for the increased efficiency of

army, navy, shop and farm for the protection of health and character of our soldiers and sailors, and for the release for national service of the plants and

army of workers now engaged in the manufacture and sale of liquors"; and be it further

Resolved-That we most respectively petition our Representatives in Congress to give their support to the Lever Bill now before the House of

Representatives. Be it finally

Resolved-That these resolutions be sent immediately to the Honorable Woodrow Wilson, President; to the Honorable Williams Hughes and the Honorable

Joseph S. Frelinghuysen, United States Senators; and to the Honorable Elijah C. Hutchinson, Congressman of our District.

Respectfully Submitted,

[handwritten] Lina Markert

Mollie Katcher

Charles Icats

John Corcoran

Gerarda Schenk [/handwritten]

Committee.

[handwritten] John Lolsel [/handwritten]

Pres. of Student Body

#archivesgov #May 4 #1917 #WWI #Prohibition #petitions #high school #students

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truck-fump · 1 year

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This One Thing Would Increase Wages By $300...

New Post has been published on https://robertreich.org/post/713154225377591296

This One Thing Would Increase Wages By $300...

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This One Thing Would Increase Wages By $300 Billion

There’s a dirty trick many employers use to keep workers from getting a better job.

Some 30 million Americans are trapped by contracts that say if they leave their current job, they can’t work for a rival company or start a new business of their own.