News Round Up 2018

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OKW Lover said:
But the gondolas aren't carrying traffic that would otherwise be on the monorails.
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I guess you could say that they could deploy the bus traffic that would otherwise have carried gondola resorts to the monorail line, but not sure if that was what the OP meant or not
 
vacationer1954 said:
To be fair, no one knows how long that benefit will last. Technically, your concern would need to be raised when they don't offer the any increase next year.
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Agreed. Though I think we can agree that a supermajority of Democrats able to override a Presidential veto is unlikely in the mid-term elections, making for at least 3 years. So we will see if the bonuses are offered again next year. A valid suspicion, however, is to look at the facts and realize the reason companies offered a bonus and not wage increases is because the bonus is not a permanent change to their wage structure.
 


jknezek said:
Agreed. Though I think we can agree that a supermajority of Democrats able to override a Presidential veto is unlikely in the mid-term elections, making for at least 3 years. So we will see if the bonuses are offered again next year. A valid suspicion, however, is to look at the facts and realize the reason companies offered a bonus and not wage increases is because the bonus is not a permanent change to their wage structure.
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I sure wish I had gotten a bonus. January's first paycheck was lower than December's last one again this year. No bonus and no news of whether merit increases will happen this year or not.
 
jknezek said:
Agreed. Though I think we can agree that a supermajority of Democrats able to override a Presidential veto is unlikely in the mid-term elections, making for at least 3 years. So we will see if the bonuses are offered again next year. A valid suspicion, however, is to look at the facts and realize the reason companies offered a bonus and not wage increases is because the bonus is not a permanent change to their wage structure.
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Just so you know - this is merely a one-time thing. Large corporations look at year-over-year profits. The new tax rates mean an increase in profits from 2017 to 2018. Since they in affect in 2018, they mean nothing once 2019 comes around...so don't expect anything more than a short-term affect.
 
skier_pete said:
Just so you know - this is merely a one-time thing. Large corporations look at year-over-year profits. The new tax rates mean an increase in profits from 2017 to 2018. Since they in affect in 2018, they mean nothing once 2019 comes around...so don't expect anything more than a short-term affect.
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Oh I agree. I just don't want to slam the door closed on something we don't know for sure. I think this is likely a 1 time thing, while the tax benefit is a long term positive for companies. I've said that before. But... you could see some companies that incorporate it into the wage structure for as long as the tax break lasts. I don't think we will see many companies do this, and especially not large public corporations as the goodwill both news based and political will really only exist this year, but I'd imagine a few will, especially in companies that are stretched for manpower.
 


Flyerjab said:
With all of the rumors that you stay on top of so well, has there ever been a rumor if UNI was looking into a mass transit system in the future? Considering they already have two theme parks and a water park, Citywalk and numerous resorts, adding to that a possible 3rd gate, another Citywalk and even more resorts.

UNI loves putting on the pressure, and what better a way than to implement their own monorail-type system, when there are pieces falling off of Disney’s, as well as video or the trains moving with open doors.

@rteetz, did you hear this in the wdwmagic site?
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Seems like rumors of this come up every time Universal buys a new plot of land or something is up for sale - they are going to have to develop something for getting people from the new hotels being built at the old Wet N wild side (could just be shuttles/buses) and then even more so if/when they build a new park at the large plot of land they have further south of that
 
jknezek said:
the reason companies offered a bonus and not wage increases is because the bonus is not a permanent change to their wage structure.
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Yes. Anything unreasonable or "bad business" about that? As others have pointed out, there's nothing "permanent" about a tax cut. And as I've said, some of the business benefits are one-time as well (repatriation, full capex expensing). What makes most sense is to offer bonuses -- not commit to a long term higher wage structure.
 
MickeyMinnieMom said:
Yes. Anything unreasonable or "bad business" about that? As others have pointed out, there's nothing "permanent" about a tax cut. And as I've said, some of the business benefits are one-time as well (repatriation, full capex expensing). What makes most sense is to offer bonuses -- not commit to a long term higher wage structure.
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No. There is nothing bad business about it. It's a question of matching benefits. There is a long term benefit to companies and in response they have given a short term benefit to employees. The benefit, therefore, is proportionally better for businesses than employees. How you feel about that is a political question that I have no interest in getting involved in here. But these are, nevertheless, the facts. The bonus is great and I've said employees that receive it should appreciate it. That doesn't change the equation of who benefits the most.
 
jknezek said:
No. There is nothing bad business about it. It's a question of matching benefits. There is a long term benefit to companies and in response they have given a short term benefit to employees. The benefit, therefore, is proportionally better for businesses than employees. How you feel about that is a political question that I have no interest in getting involved in here. But these are, nevertheless, the facts. The bonus is great and I've said employees that receive it should appreciate it. That doesn't change the equation of who benefits the most.
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Disagree on many counts -- as have others here on some of them. This isn't a political issue for me. It's a clear business issue. I'm happy to agree to disagree. Moving on to other "News and Rumors" now! :thumbsup2
 
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