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Completely Unwoven: Business, Economics, and Tax Policy 4.0

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Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

It's official. Does this add jobs/growth to the economy or is it a "the only way to grow the bottom line is to acquire more bottoms?"

I say No. It doesn't create anything other than move electrons around somebody's digital empire.

tD has said no. HRC? Will she have to wait for the email from the House of Morgan before she says anything?

I would think Liz is gleefully sharpening her knives this AM. This is right up her alley.

If anything, it probably results in layoffs due to "efficiencies that exist between our combined organizations". ;)

Looks like Hillary has sent Kaine out to flank it.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Why the hell do they still print using old school dot matrix style printers at the airport for printing off what I can only imagine are passenger manifests?
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Why the hell do they still print using old school dot matrix style printers at the airport for printing off what I can only imagine are passenger manifests?

Honestly, printers that old are likely tied to equally old -- if not older -- server systems. It would be a major capital investment to go through that update. Until six months ago, the Fed was using a thirty-year-old system for moving hundreds of billions worth of transactions each day. These legacy systems stick around because they're expensive to replace, and operational downtime is not an option.
 
Why the hell do they still print using old school dot matrix style printers at the airport for printing off what I can only imagine are passenger manifests?

5 part carbons??? Each one must be a different color required by some obscure federal regulation???
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

One sign we might have a bit of a credit problem on our hands:

I took a look at my investment loans (obviously I've hinted the past couple of years that I do P2P lending) this morning that defaulted, in my normal due diligence of understanding why they defaulted so I don't make the mistake again. Turns out I ended up making money on one of these loans, and the person effectively defaulted on the interest, though it's reported a certain amount of principal is what remained unpaid, as you pay interest first. I'm not suggesting we go Halal on loans, but I just happened to find it a bit ironic.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Next month, a bunch of salaried workers suddenly become "hourly". https://mises.org/blog/new-overtime-rules-will-make-life-much-harder-young-workers

Not that this will even come close to affecting me, but all the salaried jobs I've worked still required time carding in order to address cost centering, even when I've been dedicated to a single project/client and punching 8-8-8-8-8-40 into one bucket every week. All the change will result in, is a bit more work for managers to ensure they have the resources to avoid paying a lot of OT, and perhaps a greater emphasis on availability expectations when working remote (timeliness of email responses, logging into IM applications during business hours, etc.)

As for shift workers like service desk CSRs, boo freakin' hoo. Those people never should have been exempt to begin with - answering a phone and reading a script is not skilled labor. Making them salaried/exempt employees was one of the tricks a former employer of mine used to screw those folks out of a lot of OT pay (until HR got nervous that someone would finger them to the DoL, and changed that practice).
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Not that this will even come close to affecting me, but all the salaried jobs I've worked still required time carding in order to address cost centering, even when I've been dedicated to a single project/client and punching 8-8-8-8-8-40 into one bucket every week. All the change will result in, is a bit more work for managers to ensure they have the resources to avoid paying a lot of OT, and perhaps a greater emphasis on availability expectations when working remote (timeliness of email responses, logging into IM applications during business hours, etc.)

As for shift workers like service desk CSRs, boo freakin' hoo. Those people never should have been exempt to begin with - answering a phone and reading a script is not skilled labor. Making them salaried/exempt employees was one of the tricks a former employer of mine used to screw those folks out of a lot of OT pay (until HR got nervous that someone would finger them to the DoL, and changed that practice).

When I was in contract work, the time had to be charged to specific contracts, and is probably what you're already describing. In my present line, there is no "time clock". However, like you, the monetary threshold allows for the exemption to continue.

Aren't most of the service desk CSRs in India now, anyway?
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Aren't most of the service desk CSRs in India now, anyway?

Some, but not all of them. Some of those jobs came back to the US with all the complaints about pidgin English and thick accents - there are a lot of call centers in sweatshop states (Texas, Utah, northern Florida, etc.) Of the ones that remain offshore, a fair number of them are now in Manila, because they speak much better English.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Some, but not all of them. Some of those jobs came back to the US with all the complaints about pidgin English and thick accents

... and promptly went to southern hell holes where the gen pop uses pidgin English with thick accents.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

... and promptly went to southern hell holes where the gen pop uses pidgin English with thick accents.

...but at least they're in the US, cause 'Murica. ;)

Actually, there are some clients out there that specifically have clauses placed in their contract that any support MUST be based in the USA, so that's probably where most of it comes from. Also, what's wrong with getting those "red welfare states" off of welfare and actually doing something productive? Isn't that what you've been striving for with your pleas about that?
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

... and promptly went to southern hell holes where the gen pop uses pidgin English with thick accents.
Ah Kep

You grew up on Long Island and I in Northern New Jersey. In between us is New York City and its toity toid and toid.

I've also been to Cambridge and needed a translator for Boston English. I have since taken language lessons.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

None of you gibberish-speaking blatherskites can speak properly
 
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