- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: What are people living on?
Posted on 4/3/22 at 9:41 pm to Nguyener
Posted on 4/3/22 at 9:41 pm to Nguyener
quote:
Slave labor wages means you work every day for literally nothing and every single bit of work you do goes unappreciated and uncompensated and I get to beat you senseless and starve you until you die and I also get to rape your wife and daughters and torture your children as you all starve to death slowly in disease infested conditions unfit for any living organism. And you have no recourse and no hope and no options and if you complain about it I kill you. Think about each of those actions.
That’s what slave wages are.
No it isn't.
Slave wages are marginally subsistence wages. The equivalent of what a slave worked for. A roof, clothing, and food, all of suspect quality with no frills and no real chance of anything better.
But very few, if any, in the USA live that way except by choice and/or poor decisions.
0
Posted on 4/3/22 at 9:42 pm to Ricardo
quote:
Then it seems like a bad business model to build an economy off of slave labor like wages.
No one ever has a solution to this besides just pay more while ignoring everything else that goes along with that 'solution'
Posted on 4/3/22 at 9:48 pm to doya2
Handfuls of dust washed down by Dave Mustaine’s stagnant piss?
Posted on 4/3/22 at 9:51 pm to Deactived
quote:
No one ever has a solution to this besides just pay more while ignoring everything else that goes along with that 'solution'
Yeah there are a lot of consequences associated with raising minimum pay across the board. What would it do to demand for non essential products and services? Maybe you get a coffee at Starbucks every morning for $5. How many people would stop doing that if it was $8-9? Extrapolate that across all businesses and you could have a dramatic impact on the economy.
Posted on 4/3/22 at 10:29 pm to doya2
These have been mentioned a couple of times but I wanted to put it together.
For most of human history, “working hard” has been the secret sauce to success. You may not have been the smartest or best looking or talented person but you could make up for that with sheer determination and drive. That is less and less true each day now. In our post industrial knowledge/tech based economy, in order to be successful you still have to out work other people but now you ALSO have to have the intelligence to be able to work hard on the right things. Half the population simply doesn’t have the raw brain power to succeed no matter how hard they work. There are always exceptions, but this is becoming more and more the rule.
The question becomes, what to do with the people who are unable to keep up? I have no idea. I don’t think this is a problem that can be solved at our current stage of development. Maybe decades or a century from now, all this technology will reach a point where basic needs are met without human input being needed. Kind of like the Star Trek replicator or some fantasy stuff. Until then? It’s going to be a long and hard transition.
For most of human history, “working hard” has been the secret sauce to success. You may not have been the smartest or best looking or talented person but you could make up for that with sheer determination and drive. That is less and less true each day now. In our post industrial knowledge/tech based economy, in order to be successful you still have to out work other people but now you ALSO have to have the intelligence to be able to work hard on the right things. Half the population simply doesn’t have the raw brain power to succeed no matter how hard they work. There are always exceptions, but this is becoming more and more the rule.
The question becomes, what to do with the people who are unable to keep up? I have no idea. I don’t think this is a problem that can be solved at our current stage of development. Maybe decades or a century from now, all this technology will reach a point where basic needs are met without human input being needed. Kind of like the Star Trek replicator or some fantasy stuff. Until then? It’s going to be a long and hard transition.
Posted on 4/3/22 at 10:40 pm to NOLAVOL16
Last thing I’ll say is that it is also true that our standards of living have made things harder. For instance, young people don’t want to live with roommates. Family households used to include grandparents who would be childcare but also be taken care of. Now the grandparents are in a retirement home or by themselves and parents spend $2k a month on daycare. Our houses have gotten ridiculous and people can’t imagine living for instance with one bathroom for the whole family. Hell, in the house I’m building each bedroom has its own bath because I’m tired of hearing the kids fight over who uses the toothpaste first at bedtime. There are 6 toilets for 4 people although the 6th is for the in-law suite when our parents DO move in with us late in life. This is insane and even though we can easily afford it, I recognize the fact that such a thing was only for the Uber wealthy not that long ago and this is similar to numerous things in life that cost so much more because they ARE so much nicer than they used to be.
Posted on 4/3/22 at 10:54 pm to doya2
STONKS
Posted on 4/3/22 at 10:56 pm to doya2
Biden Bucks and EBT. Livin' large.
Posted on 4/3/22 at 11:06 pm to doya2
I'm playing with fire by jumping in at 10+ pages. I'm assuming it's devolved into a shite show, but here goes.
The issue is so complex and has so many causes and solutions that's it's crazy to blame one or even five things. We can sit here and spitball ideas all night, and a lot of them are going to be a contributing cause to our current labor market. Covid really exposed and exacerbated a lot of issues we were previously aware of but ignored. Covid really made for the perfect storm.
I can only speak from my own personal experience in running my business and my interaction with other businesses, but I believe the younger business owners/managers are adapting a lot better and having an easier time recruiting. Boomers are on their way out. That's not meant as an insult. It's just a reality. The boomers and some older Xers left in the market are playing by the old rules, and that doesn't fly anymore. I know what my fellow cohort wants, so I tailor my incentives to that.
The issue is so complex and has so many causes and solutions that's it's crazy to blame one or even five things. We can sit here and spitball ideas all night, and a lot of them are going to be a contributing cause to our current labor market. Covid really exposed and exacerbated a lot of issues we were previously aware of but ignored. Covid really made for the perfect storm.
I can only speak from my own personal experience in running my business and my interaction with other businesses, but I believe the younger business owners/managers are adapting a lot better and having an easier time recruiting. Boomers are on their way out. That's not meant as an insult. It's just a reality. The boomers and some older Xers left in the market are playing by the old rules, and that doesn't fly anymore. I know what my fellow cohort wants, so I tailor my incentives to that.
Posted on 4/3/22 at 11:09 pm to doya2
Maybe they are selling drugs.
Posted on 4/3/22 at 11:15 pm to fallguy_1978
quote:
How many people would stop doing that if it was $8-9? Extrapolate that across all businesses and you could have a dramatic impact on the economy.
Something I've been pondering and starting to believe is that we have too many of these types of businesses. We can function on a lot less restaurants/retail establishments. The lack of labor willing to do these jobs is a market correction to bring into equilibrium the number of these types of businesses we need as a society.
Posted on 4/3/22 at 11:19 pm to BottomlandBrew
Use the neighborhood brewery. One guy brews, kegs, and sells a superior product.
How many supply chain people does it take to staff that pub?
Maybe in some stretch people are overcoming economy of scale for quality or experience.
How many supply chain people does it take to staff that pub?
Maybe in some stretch people are overcoming economy of scale for quality or experience.
Posted on 4/3/22 at 11:20 pm to NOLAVOL16
quote:
Half the population simply doesn’t have the raw brain power to succeed no matter how hard they work. There are always exceptions, but this is becoming more and more the rule.
The question becomes, what to do with the people who are unable to keep up? I have no idea. I don’t think this is a problem that can be solved at our current stage of development. Maybe decades or a century from now, all this technology will reach a point where basic needs are met without human input being needed. Kind of like the Star Trek replicator or some fantasy stuff. Until then? It’s going to be a long and hard transition.
No matter how much "technology" continues to evolve, blue collar jobs will always exist.
An example. Tomorrow, a kid could graduate high school with a C average and enroll in trade school with an HVAC program. With job placement thru the school or a few phone calls, they will immediately have all the hours they want at ~$15 an hour with an HVAC company, and the time to complete an 18-24 mos advanced program.
In four years, when their high school classmates are graduating college with >$100K in student loan debt, the high school grad can be making $50K a year and on a path to owning his own business before he is 30 years old.
This is not typical, but even that half of the population without the "raw brain power" will always have a pathway to be successful. The key of course is the sheer determination you alluded too. And the fortitude to crawl thru 120 degree attics for a few years.
Posted on 4/3/22 at 11:28 pm to Deactived
quote:
s this still happening?
It has to be. Where else did all these people go? There were no issues with these places staying staffed before Covid. They didn’t all go earn degrees and leave behind their previous careers.
As far as professional positions, I think a lot of people cashed out 401ks. I think you’re also seeing fallout from the way some of these places treated employees during Covid.
Posted on 4/3/22 at 11:50 pm to doya2
Have you seen prices? They are living on those of us that pay.
Posted on 4/4/22 at 12:14 am to doya2
one thing people keep ignoring is that there are far too many restaurants, shops, stores. we have a surplus of businesses as much as a shortage of workers.
Posted on 4/4/22 at 2:35 am to camoedoutlander
quote:
I'm in the process of filling 6 positions, they have been open since January. Have had three TOTAL applicants.. pay starts at 22/hr out of high school.. no education required... i'm out of ideas...
What city are you in?
Posted on 4/4/22 at 4:12 am to elprez00
quote:
I think a lot of people cashed out 401ks
20% of people that have not gone back to work have cashed out 401k's. Having no retirement, and no Social Security is going to leave a bunch of people pulling out their teeth, and sucking dick for beer money.
This post was edited on 4/4/22 at 9:42 am
Posted on 4/4/22 at 7:21 am to camoedoutlander
quote:
'm in the process of filling 6 positions, they have been open since January. Have had three TOTAL applicants.. pay starts at 22/hr out of high school.. no education required... i'm out of ideas...
You in BR? My daughter's boyfriend wants to get out restaurant industry.
Posted on 4/4/22 at 7:26 am to fallguy_1978
quote:
Yeah there are a lot of consequences associated with raising minimum pay across the board. What would it do to demand for non essential products and services? Maybe you get a coffee at Starbucks every morning for $5. How many people would stop doing that if it was $8-9? Extrapolate that across all businesses and you could have a dramatic impact on the economy.
Some people do pay nearly that much for coffee already- due to "add-ons".
Pay people more and they can afford the higher labor costs and inflation. As it is currently, without higher labor costs, inflation will put us in this position before long. If we don't raise wages, across the board, no one will be able to spend money.
Page 10 of 13
Popular
Back to top
Follow TigerDroppings for LSU Football News