Doing away with part-time terms
We are rapidly creating an entirely new category of second-class citizens in this country, otherwise known as part-time workers. It isn't because full-time jobs aren't there. It's because two or more part-timers are being hired to fill full-time jobs.
Companies are circumventing laws that require them to pay benefits for full-time workers.
It's hard to blame management, because any Harvard educated MBA, or for that matter, any fifth-grader, can tell you that if companies can cut employee cost, they can increase profits and also sell their product at a lower price than their competitor. And employee costs are probably the one thing they have the most control over.
The problem here is that management can only make decisions that affect their own company. Therefore, to be competitive, other companies must do likewise. This keeps a downward pressure on employee costs, forcing many workers into part-time jobs where even full-time workers are in a below poverty level.
This is where the government can step in. We can legally do away with terms like part-time, contract employees and independent contractors and have only one-term employee. If the standard is a 40-hour work week, then an employee who works 20 hours would get a pro-rated benefit of 50 percent, 8 hours 20 percent, etc., doing away with the need for many part-time jobs. This would level the playing field, giving no one company an advantage. The same philosophy would also apply to raising the minimum wage to $10.25 an hour, which could be done over a three-year period. You would probably be surprised how little this would add to the cost of a hamburger.
Money may trickle down from the rich, but it gushes up from the working-class. Most working-class families have their paychecks spent as soon as they arrive. This plan puts more money in the hands of the consumer, who buy more products, which brings more profits to the companies. The economy would take off, more families raised out of poverty, and more people taken off the welfare rolls.