Yeah, because breaking the inflation pressure is always on the workforce, never on the companies.
I only ever heard “you should abstain from wanting higher salaries, 'cause inflation”. Never has a politician or economist said “companies should abstain from raising prices, 'cause inflation” ¯\_(ツ)_/¯
Wage stagnation from greedy corps and almost non-existent minimum wage increases has been happening FAR longer then the current energy shit.
For an equivalent minimum wage to the 1950s, just accounting for inflation, we would need to be at $20/hr. If you’re not making that, then you’re making less than a McDonald’s worker in 1955.
Are there? I’d like to see those numbers. I was earning 16/hr 20 years ago and after state and local tax, health insurance, and mortgage it was choosing what bills wouldn’t get paid until late fees racked up. We weren’t living large, our living space was just over 1,000 square feet.
16/hr 20 years ago is equivalent to about 27/hr today. So I have a hard time beleiving 22/hr is going to be much more than beans ‘n rice for a family - assuming this is a normal work week and not someone pulling 60 hours and OT.
The latest Caleb Hammer show episode has a guy earning 22/hr working in a warehouse supporting his wife that doesn’t work. Tons of irresponsible high interest debt, buying 8 balls of cocaine, still smoking, vaping, and he’s able to pay back the debt without declaring bankruptcy whilst also putting away a few hundred a month into savings
There are technically jobs like that near me, but you work 5 12s or 80 hours a week. And the only reason it works is the 40 hours of overtime. Not a life I’d want to live
Like it’s super important to cut back some $100 a’ month habit to negotiate cutting several millions off the debt just by talking to the creditors.
Of course smoking is bad financially, but the whole point is really about punching downwards.
Participants need to bend down and quit smoking, vaping, fast food or anything really just so they can be told so and do what is said, like some sick submissive role play.
Meanwhile, actual rich people smoke, vape and eat at restaurants all the time. Because they “can afford to”, because they’re like fucking heroes just for being rich.
There’s people out there providing for their family as the sole bread winner and doing fine on 22/hr, it really depends on where you are living
Yes but imagine if they got 25 instead of 22; they could maybe save a little more and live a little more too.
The focus should be on crushing inflation, not adding inflationary pressure when everyone is already struggling
Yeah, because breaking the inflation pressure is always on the workforce, never on the companies.
I only ever heard “you should abstain from wanting higher salaries, 'cause inflation”. Never has a politician or economist said “companies should abstain from raising prices, 'cause inflation” ¯\_(ツ)_/¯
Who said it’s on the workforce? It should be on the cunts that are driving energy prices through the roof
Wage stagnation from greedy corps and almost non-existent minimum wage increases has been happening FAR longer then the current energy shit.
For an equivalent minimum wage to the 1950s, just accounting for inflation, we would need to be at $20/hr. If you’re not making that, then you’re making less than a McDonald’s worker in 1955.
Yeah, we’re getting fucked. Push for the right thing at the right time
But zero or negative inflation is very bad for the economy
We’re far above target inflation and have been for years
Are there? I’d like to see those numbers. I was earning 16/hr 20 years ago and after state and local tax, health insurance, and mortgage it was choosing what bills wouldn’t get paid until late fees racked up. We weren’t living large, our living space was just over 1,000 square feet.
16/hr 20 years ago is equivalent to about 27/hr today. So I have a hard time beleiving 22/hr is going to be much more than beans ‘n rice for a family - assuming this is a normal work week and not someone pulling 60 hours and OT.
The latest Caleb Hammer show episode has a guy earning 22/hr working in a warehouse supporting his wife that doesn’t work. Tons of irresponsible high interest debt, buying 8 balls of cocaine, still smoking, vaping, and he’s able to pay back the debt without declaring bankruptcy whilst also putting away a few hundred a month into savings
Oh, thank god, I thought you were being serious until you credited Caleb Hammer.
They’re just joking, everyone. Don’t take it seriously.
Does he live in the middle of bumfuck nowhere?
There are technically jobs like that near me, but you work 5 12s or 80 hours a week. And the only reason it works is the 40 hours of overtime. Not a life I’d want to live
It’s always the smoking in those shows.
Like it’s super important to cut back some $100 a’ month habit to negotiate cutting several millions off the debt just by talking to the creditors.
Of course smoking is bad financially, but the whole point is really about punching downwards.
Participants need to bend down and quit smoking, vaping, fast food or anything really just so they can be told so and do what is said, like some sick submissive role play.
Meanwhile, actual rich people smoke, vape and eat at restaurants all the time. Because they “can afford to”, because they’re like fucking heroes just for being rich.
That should be the standard for minimum wage. It used to be the case
There’s people out there surviving on less, too. So?
oh yea, well there are people who do fine with 0/hr. It indeed depends on where you live. (uncontacted tribes in amazon for example)
How is this relevant, i have no idea