From wages to skills to diversity, equity, and inclusion, Jay Goninen and Wisco discuss into many facets that affect the mechanic culture.
- Are mechanics proactively learning electrical and computer engineering?
- Are wage rates being passed down to customers?
- Is there really no equality in the automotive space?
- Laura Schwab accuses Rivian as a 'toxic bro culture'
- Art and science of making decisions
Wisco Weekly is an automotive business podcast, and is part of the 'Not Your Father's Economy' podcast channel on Apple Podcasts. Host, Dennis Wisco, shares weekly insights into current economic conditions like navigating this post-COVID economy.
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Wisco Weekly is proudly supported by automotiveMastermind. Visit automotivemastermind.com to learn more about predictive analytics and marketing automation.
Have a listen to 'Predicting the Next Paycheck' a podcast mini series assessing the behaviors of car dealers, and their data-inspired decisions. Available on Apple Podcasts, Spotify, and other popular apps.
For more content, follow Dennis Wisco on Instagram (@wisco_dennis), Youtube (@wiscoweekly), and LinkedIn (@wiscoweekly).
EPISODE NOTES Free Markets Destroy celebrates the power of free markets to tackle humanity's most daunting challenges. The world isn't perfect, but it's getting better very day thanks to entrepreneurs who work tirelessly to deliver life-changing innovations. Be a part of the solution by harnessing the power of markets to improve everything. Source: Free Markets Destroy web Excerpt from Spokane Journal Most fair-minded Washingtonians have been shocked by the recent events in Seattle. Failed city leadership and a political movement concentrated on turning Seattle into an American socialist experiment are ripping the city apart. Read more from Spokane Journal. About Chris Cargill Chris Cargill is the Eastern Washington Director at Washington Policy Center. A sixth-generation Eastern Washingtonian, Chris graduated from Gonzaga University with a B.A. in broadcast communication studies and political science. Before joining WPC in 2009, he worked in television news for ten years at FOX and ABC affiliates in Spokane. He has had the opportunity to serve on many community boards, including the Spokane Valley and Tri-City Regional Chambers, as well as the Spokane Regional Transportation Commission. He is the author of numerous policy studies on Eastern Washington issues and is a frequent guest host and commentator on news radio stations through the state. About The Pursuit The Pursuit documentary by Arthur Brooks | IMDB ...
In urban spaces throughout the country, app-based ridesharing platforms like Uber and Lyft have a greater impact on the economy than what meets the eye. For years, these services were rarely regulated, and there were minimal protections in place for individuals driving for the companies. In recent years, states such as New York and California have become vocal in their crusades to regulate the app-based economy, including California’s keystone statute Assembly Bill 5. In the previous episode of this two-part series, host Dennis Wisco introduced key policies at play and delved into the Classical Economic interpretation of the impact of California Assembly Bill 5 on the economy. Listen in as Dennis outlines key elements of Keynesian Economics, and how it applies to the regulation of the gig economy. Keynesian economic theory is a school of thought developed by British economist John Maynard Keynes in the 1930s that supposes the totality of spending in the economy, and its impact on output and inflation. Essentially, Keynes argued that a healthy economy depends on the government to regulate, balance, and manage economic opportunity. In his 1936 book, The General Theory of Employment, Interest, and Money, Keynes discusses the idea of “perfect competition,” which exists in a close-to-ideal economic society. Under this model, the government is flooded with money in order to create economic opportunities. Therefore, the Keynesian model argues against the California App-Based Driver’s Regulation Initiative in order to keep AB-5 in effect and thus allow the government to continue to regulate the gig-based economy’s labor protections as they relate to app-based drivers. Tune in to this episode to hear excerpts from Keynes’ book and how this theory applies to current policy. Dennis ...
Since their inception, transportation start-ups like Uber and Lyft have garnered tremendous media and policy attention not only for their service but also for their impact on the labor market. In this two-part series, host Dennis Wisco introduces key concepts of policies that speak to this topic, such as California Assembly Bill 5. He outlines non-partisan arguments that apply economic theory to exploring the bill's policy implications. Tune in to this episode to learn more about the California App-Based Driver's Regulation Initiative, the history of the independent contractor status, and a crash-course breakdown of classical economics related to current legislation. California Assembly Bill 5 (AB-5) is a state statute that establishes that it is the employer's burden to prove that a worker is an "independent contractor" and not an "employee" through the application of a three-prong analysis. This analysis identifies an employer's duty to provide greater labor protections to workers through industries' regulation and holds the employer accountable if they fail to do so. Historically, "independent contractors" have been excluded from certain protections, including minimum wage, unemployment benefits, and overtime pay. AB-5 challenges the basis for exclusion and opens doors for gig economy workers to access the same benefits that traditional employees enjoy. The California App-Based Driver's Regulation Initiative is a question on the November election ballot that brings AB-5 back into the spotlight as a response to Uber, Lyft, and other app-based employers refusing to reclassify their drivers as employers. A vote in favor of the ballot initiative would essentially repeal AB-5 and enable companies like Uber and Lyft to construct and adopt their own policies regarding labor and wages specific to the app-based mobility industry. A vote against ...