<< <i>Yup. The only jobs that cannot yet be outsourced is local retail. I suppose we will soon have 3D printers that can create a Pizza and the rest of the workforce will be screwed. >>
Never done a self checkout? Cashier outsourced to a machine.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Yup. The only jobs that cannot yet be outsourced is local retail. I suppose we will soon have 3D printers that can create a Pizza and the rest of the workforce will be screwed. >>
Never done a self checkout? Cashier outsourced to a machine. >>
I never have but you are correct that a few jobs per shift have been reduced by that equipment. On the other side, retail grocers have many more folks preparing ready to eat foods like Sushi and RF Chickens. A market that did not exist a generation ago.
Either way it is a sucker deal for the average worker that is now competing against the world, and many illegal immigrants to make a living.
The $7.50 worker bee should be getting as much money as they can get for their work but even $15 isn't going to do any good 'cause those jobs are going poof just like what happened to the cube farmers in 2008-2012. The math is simple because you can hire 20 employees for $7.50 or 10 employees for $15 plus a machine...prophetic. Automation will likely make repetitive, low skills jobs much more scarce than they are now because those jobs are leaving for good. Employee regulations and overhead, the gov staring at your every turn, not to mention personnel problems, all these problems are very 20th century and more employees, more problems...who needs it and besides, it's the 21st century! Now, the business model is volume...fast, efficient, high tech volume. Go ahead and gripe about now those $7.50 jobs, it won't be for much longer now. So, what happens to all those low skill people that are about to be teched out of a job? Are we becoming committed to providing support for 50% of the population on the dole while the other half go out there and fight the good fight?
The sad thing about the $7.50 worker is that there are community colleges, trade schools, mentors, tons of resources for the worker to get some skills and have a job that will last. The local community colleges here are expanding at breakneck speed. The colleges are building multimillion dollar new campuses seemingly every year, hiring more instructors, training people to be part of the new world. There simply is no excuse for working a $7.50 job for very long and the reality of new tech makes it self defeating. I taught community college at night for 20 years as a part time job. It was refreshing to see 20 students all ready to go at 6 p.m. after a full day of work and sit there and hump the books for 2 hours, two nights a week...the will to succeed is strong in some. For those that want something other than $7.50, there is a way and anyone can do it. $15/hr for flipping burgers or stacking warehouses isn't the answer.
<< <i> It was refreshing to see 20 students all ready to go at 6 p.m. after a full day of work and sit there and hump the books for 2 hours, two nights a week...the will to succeed is strong in some. For those that want something other than $7.50, there is a way and anyone can do it. $15/hr for flipping burgers or stacking warehouses isn't the answer. >>
Ah, but you have to remember that now day, going to school after working a full day cuts into their Facebook and Twitter time! Besides, with free government $$$, sometimes there isn't incentive to better themselves because of the lack of ethics. It is to easy now days to get Government $$$. These programs use to be a safety net to help you get back on your feet. Now they are a hammock!
<< <i> It is to easy now days to get Government $$$. These programs use to be a safety net to help you get back on your feet. Now they are a hammock! >>
Admittedly I have not read the entire thread, and, I'm sure this was mentioned (or at least I hope it was) but they probably already receive 15.00 per hour when one counts the benefits they receive in the way of food stamps, housing vouchers and medicaid. Maybe it is time that multi-billion dollar corporations start paying those workers a living wage so the taxpayers need not subsidize their workforces. I for one don't care if the cost of a burger/some Chinese pressed plastic widget goes up resulting in some faceless shareholder receiving less of a dividend.
<< <i>Admittedly I have not read the entire thread, and, I'm sure this was mentioned (or at least I hope it was) but they probably already receive 15.00 per hour when one counts the benefits they receive in the way of food stamps, housing vouchers and medicaid. Maybe it is time that multi-billion dollar corporations start paying those workers a living wage so the taxpayers need not subsidize their workforces. I for one don't care if the cost of a burger/some Chinese pressed plastic widget goes up resulting in some faceless shareholder receiving less of a dividend. >>
If you count the Gov. subsidies they are well north of $15.00 an hour!!! I agree, their pay should increase, the subsidies reduced along with my taxes!!!
<< <i>Admittedly I have not read the entire thread, and, I'm sure this was mentioned (or at least I hope it was) but they probably already receive 15.00 per hour when one counts the benefits they receive in the way of food stamps, housing vouchers and medicaid. Maybe it is time that multi-billion dollar corporations start paying those workers a living wage so the taxpayers need not subsidize their workforces. I for one don't care if the cost of a burger/some Chinese pressed plastic widget goes up resulting in some faceless shareholder receiving less of a dividend. >>
If you count the Gov. subsidies they are well north of $15.00 an hour!!! I agree, their pay should increase, the subsidies reduced along with my taxes!!! >>
Two separate issues. Giveaways should end. All of them. Can't afford kids, do not have them.
When it comes to people working in the food industry, it would bother me a lot if the workers do not have access to health care or paid sick leave. Do you want to have someone that had to come to work sick prepare your food? I am not talking about just the flu. There are other communicable diseases that may show no symptoms.
Increasing the minimum wage will eventually lead to increase of consumer good prices and services. We would be right back where we started from.
If the government could increase funds to basic research and foster innovations, we can hope that technology will help things be more efficient so that the low wages that workers get will actually be able to purchase something sustainable. The problem with funding basic research is not that if it leads to results, but it just requires patience. New technologies can also lead to entirely new industries, which translates to overall growth. We have to think in terms of a closed loop system, not a linear one. The video link up above explains it better than I can.
"So many of our DREAMS at first seem impossible, then they seem improbable, and then, when we SUMMON THE WILL they soon become INEVITABLE "- Christopher Reeve
<< <i>If the government could increase funds to basic research and foster innovations, we can hope that technology will help things be more efficient >>
Innovations like genetically modified crops, irradiated beef and mercury laden alternative light bulbs?
They may appear efficient on the front end but will only add to our deteriorating health in the longer run.
<< <i>While I feel for low income earners, I keep reminding myself that the consumer (Me) pays for everything. Higher wages lead to higher prices and it remains a never ending vicious cycle of more here and then more there.
Needing higher wages is only a symptom of a broken and mismanaged economy. Fix the economy using leadership that can get the job done.
New menu item: Stagflation. >>
Working people deserve a living wage. As is these employers are wasteful, inefficient, and make exorbitant profits because they are protected by Washington and the status quo. They cry about having to pay farm workers but their pay is a tiny percentage of the dollar you're charged for that Washington apple that was picked six weeks ago and will never taste right. Most of the work is being done by people brought in from Mexico but not allowed citizenship or even legal status so they can be shipped out if they complain. Then younger people, many with massive college debts, make up much of the rest of the low income earners. They have two or three jobs just to keep food on the table because these employers are allowed to use part time workers and they would rather their benefits.
You know these people are going to be running the country when the baby boomers get old and they're going to be pretty tired of carrying us around for a few decades.
Sure. The local McDounalls increases their pay by double (minimum) but they now will feel entitled to raise their prices much much more. An apple goes from 2c to 4c to pick and each middleman who sits and marvels at how well it can be shipped before it is ripe will double his price until the 2c increase becomes an $8 apple that will never taste good.
It would be wise to stop protecting inefficient, lazy, wasteful American businesses but it seems pretty unlikely to happen. We'll continue to get ham that acts like a geyser when you try to get it out of the shrink wrap and adulterated, poor quality, and impossible to open products. The wealthy people who bring us garbage, deteriorating servives, bankrucy, blatant financial fraud, and all the other shenanigans will continue to rake in an ever larger share of the money and use it to rent Congressmen and assure ever more money.
<< <i>Working people deserve a living wage. As is these employers are wasteful, inefficient, and make exorbitant profits because they are protected by Washington and the status quo. They cry about having to pay farm workers but their pay is a tiny percentage of the dollar you're charged for that Washington apple that was picked six weeks ago and will never taste right. Most of the work is being done by people brought in from Mexico but not allowed citizenship or even legal status so they can be shipped out if they complain. Then younger people, many with massive college debts, make up much of the rest of the low income earners. They have two or three jobs just to keep food on the table because these employers are allowed to use part time workers and they would rather their benefits. >>
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>While I feel for low income earners, I keep reminding myself that the consumer (Me) pays for everything. Higher wages lead to higher prices and it remains a never ending vicious cycle of more here and then more there.
Needing higher wages is only a symptom of a broken and mismanaged economy. Fix the economy using leadership that can get the job done.
New menu item: Stagflation. >>
Working people deserve a living wage. As is these employers are wasteful, inefficient, and make exorbitant profits because they are protected by Washington and the status quo. They cry about having to pay farm workers but their pay is a tiny percentage of the dollar you're charged for that Washington apple that was picked six weeks ago and will never taste right. Most of the work is being done by people brought in from Mexico but not allowed citizenship or even legal status so they can be shipped out if they complain. Then younger people, many with massive college debts, make up much of the rest of the low income earners. They have two or three jobs just to keep food on the table because these employers are allowed to use part time workers and they would rather their benefits.
You know these people are going to be running the country when the baby boomers get old and they're going to be pretty tired of carrying us around for a few decades.
Sure. The local McDounalls increases their pay by double (minimum) but they now will feel entitled to raise their prices much much more. An apple goes from 2c to 4c to pick and each middleman who sits and marvels at how well it can be shipped before it is ripe will double his price until the 2c increase becomes an $8 apple that will never taste good.
It would be wise to stop protecting inefficient, lazy, wasteful American businesses but it seems pretty unlikely to happen. We'll continue to get ham that acts like a geyser when you try to get it out of the shrink wrap and adulterated, poor quality, and impossible to open products. The wealthy people who bring us garbage, deteriorating servives, bankrucy, blatant financial fraud, and all the other shenanigans will continue to rake in an ever larger share of the money and use it to rent Congressmen and assure ever more money. >>
You mentioned hams, for a long time they have been pumping hams with salt water so they would weigh more, you wind up paying ham prices for a quart of salt water and that boosts the bottom line . In the healthcare thread I complained about $500 per bag charges for saline IV's. Hospitals could hang hams on the pole and save some cash. After gravity drains the saline out they could ship the dried out husk that remains to the kitchen.
They already serve stringy dried out ham in the cafeteria , they need salt water for IV's for patients so it looks like a win win all around.
I just found a way to shorten the supply chain of every hospital in the country.
and doesn't need to take breaks, have weekends off, require health insurance, call in sick, or go on strike for $15 and hour.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Interesting. Besides the lower paying jobs of loading it and cleaning it, there will be the medium paying jobs to fix it and build it and higher paying jobs to design, program, etc it. Hopefully they will build it in the US! Could you imagine calling tech support when it breaks and the first thing they say is "Did you restart it?"
Just imagine how many minimum wage video rental store clerks were replaced by the guy that rides around putting new dvds in the Redbox.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Just imagine how many minimum wage video rental store clerks were replaced by the guy that rides around putting new dvds in the Redbox. >>
and even they Redbox dvd guy is going obsolete, a "victim" of streaming content. Oh well, at least he can apply his delivering skills to hauling something else around.
Just imagine how many "moving stuff" jobs will become obsolete when They introduce the"robot truck driver", of course, there will be new jobs in robot truck and road system maintenance.
New Bachelor's of Arts degree: "Fixin' and Delivern' Chinese Stuff"
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I decided to renew my gym membership at $300. It's cheaper than (1) Advair inhaler at $315.
I've got a few hundred pounds of nice, beautiful, tasty tomatos this year. Better than any store-bought I've ever had. The peppers are awesome too. I worry a little bit every time I stop for fast food these days.
If fast food workers get their $15/hr., I know for a fact that the cost of my product will be rising faster and that I'll make more money (before gov.com redistributes it, that is).
Everything's a tradeoff.
Q: Are You Printing Money? Bernanke: Not Literally
Hell, give 'em $20 an hour. We need a bit of inflation.
Let them and their unions price themselves right out of the market. Bet there's a lot of unemployed auto workers that could give them some needed advice. Sadly, a lot of foodworkers are former union auto workers.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Hell, give 'em $20 an hour. We need a bit of inflation.
Let them and their unions price themselves right out of the market. Bet there's a lot of unemployed auto workers that could give them some needed advice. Sadly, a lot of them are former union auto workers. >>
Unfortunately our crossed wire politicians have created an aura of work entitlement. Take the new Tesla plant in Nevada for example. With taxpayers kicking in an estimated billion dollars for the honor of making Elon Musk even wealthier, can a local taxpayer feel that he is not owed something, anything from this venture?
Truly a regrettable situation that we have found ourselves in. Perhaps Ayn Rand should be required reading when running for office.
<< <i>Hell, give 'em $20 an hour. We need a bit of inflation.
Let them and their unions price themselves right out of the market. Bet there's a lot of unemployed auto workers that could give them some needed advice. Sadly, a lot of them are former union auto workers. >>
Unfortunately our crossed wire politicians have created an aura of work entitlement. Take the new Tesla plant in Nevada for example. With taxpayers kicking in an estimated billion dollars for the honor of making Elon Musk even wealthier, can a local taxpayer feel that he is not owed something, anything from this venture?
Truly a regrettable situation that we have found ourselves in. Perhaps Ayn Rand should be required reading when running for office. >>
That plant will employ 6500 people making $50,000 per year. Thats $325 million per year added to the local economy. The State of Nevada gets paid back in just a few years. Thats just a tad better than the $500 million the taxpayers gave to another now defunct CA company that was praised by the President.
<< <i>Perhaps Ayn Rand should be required reading when running for office. >>
Ms. Rand would be better served if it was required reading when voting.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Time to revisit the fast food worker. Has his lot improved in the last 12 months? >>
has he done anything to improve this lot? Education, training, job interviews, taking a few piercings off his face so he can do well at said interviews?
Or has he done nothing and expected good things to come his way?
<< <i>Time to revisit the fast food worker. Has his lot improved in the last 12 months? >>
has he done anything to improve this lot? Education, training, job interviews, taking a few piercings off his face so he can do well at said interviews?
Or has he done nothing and expected good things to come his way? >>
<< <i>Time to revisit the fast food worker. Has his lot improved in the last 12 months? >>
His "get to work" gasoline is costing him less.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Now in my old age I should look for a job flipping burgers. At $15 an hour I can buy about an ounce of silver per hour ignoring taxes. In 1964 minimum wage was $1.15, since coinage was 90% silver I think it's pretty close!
<<Unfortunately our crossed wire politicians have created an aura of work entitlement. Take the new Tesla plant in Nevada for example. With taxpayers kicking in an estimated billion dollars for the honor of making Elon Musk even wealthier, can a local taxpayer feel that he is not owed something, anything from this venture?
Truly a regrettable situation that we have found ourselves in. Perhaps Ayn Rand should be required reading when running for office. >>
That plant will employ 6500 people making $50,000 per year. Thats $325 million per year added to the local economy. The State of Nevada gets paid back in just a few years. Thats just a tad better than the $500 million the taxpayers gave to another now defunct CA company that was praised by the President.
What's the tax rate in Nevada? Let's say 8% as a guess. That's about $26,000,000 a year to the state. $325 million/$26 million = 12.5 years.
Unless Tesla goes under. Then the state loses big. Just like Solyndra burned California taxpayers.
Q: Are You Printing Money? Bernanke: Not Literally
In our small county Pfizer's was given incentives to build a big corporate complex in downtown New London, CT just across the river from their main complex. The goal was to rebuild the waterfront with new high priced condo's and lure in cruise ships and tourists. To do that they had to kick everyone out of their homes in that multi-block area. Then they leveled it in anticipation of the building boom. Oh yeah that was 2007. The boom never came and now they have a desolate area with concrete foundations from the old homes as if an atomic bomb was dropped on it. The new Pfizer's complex was shutdown. The town ended up getting less in taxes than they had before when there were low income homes there. Way to go guys. In 2014 they finally got General Dynamics (Electric Boat) to take over the vacant Pfizer's facility. What a plan they had!
<< <i>In our small county Pfizer's was given incentives to build a big corporate complex in downtown New London, CT just across the river from their main complex. The goal was to rebuild the waterfront with new high priced condo's and lure in cruise ships and tourists. To do that they had to kick everyone out of their homes in that multi-block area. Then they leveled it in anticipation of the building boom. Oh yeah that was 2007. The boom never came and now they have a desolate area with concrete foundations from the old homes as if an atomic bomb was dropped on it. The new Pfizer's complex was shutdown. The town ended up getting less in taxes than they had before when there were low income homes there. Way to go guys. In 2014 they finally got General Dynamics (Electric Boat) to take over the vacant Pfizer's facility. What a plan they had! >>
a lot of those elected officials still in office? I know the non-elected decision makers are still in office, no doubt unaffected by their decisions.
Plan was no doubt for the office holder to receive a hefty payout after leaving office. A wretched practice that liberal voters now accept and seemingly embrace. One home could never be enough for an ex president, federal reserve chair or treasury secretary.
Filters down to the locals, though the payoffs are generally less.
Comments
<< <i>Yup. The only jobs that cannot yet be outsourced is local retail. I suppose we will soon have 3D printers that can create a Pizza and the rest of the workforce will be screwed. >>
Never done a self checkout? Cashier outsourced to a machine.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>Yup. The only jobs that cannot yet be outsourced is local retail. I suppose we will soon have 3D printers that can create a Pizza and the rest of the workforce will be screwed. >>
Never done a self checkout? Cashier outsourced to a machine. >>
I never have but you are correct that a few jobs per shift have been reduced by that equipment. On the other side, retail grocers have many more folks preparing ready to eat foods like Sushi and RF Chickens. A market that did not exist a generation ago.
Either way it is a sucker deal for the average worker that is now competing against the world, and many illegal immigrants to make a living.
The $7.50 worker bee should be getting as much money as they can get for their work but even $15 isn't going to do any good 'cause those jobs are going poof just like what happened to the cube farmers in 2008-2012. The math is simple because you can hire 20 employees for $7.50 or 10 employees for $15 plus a machine...prophetic. Automation will likely make repetitive, low skills jobs much more scarce than they are now because those jobs are leaving for good. Employee regulations and overhead, the gov staring at your every turn, not to mention personnel problems, all these problems are very 20th century and more employees, more problems...who needs it and besides, it's the 21st century! Now, the business model is volume...fast, efficient, high tech volume. Go ahead and gripe about now those $7.50 jobs, it won't be for much longer now. So, what happens to all those low skill people that are about to be teched out of a job? Are we becoming committed to providing support for 50% of the population on the dole while the other half go out there and fight the good fight?
The sad thing about the $7.50 worker is that there are community colleges, trade schools, mentors, tons of resources for the worker to get some skills and have a job that will last. The local community colleges here are expanding at breakneck speed. The colleges are building multimillion dollar new campuses seemingly every year, hiring more instructors, training people to be part of the new world. There simply is no excuse for working a $7.50 job for very long and the reality of new tech makes it self defeating. I taught community college at night for 20 years as a part time job. It was refreshing to see 20 students all ready to go at 6 p.m. after a full day of work and sit there and hump the books for 2 hours, two nights a week...the will to succeed is strong in some. For those that want something other than $7.50, there is a way and anyone can do it. $15/hr for flipping burgers or stacking warehouses isn't the answer.
You are lucky if you got GOT GOLD?
<< <i> It was refreshing to see 20 students all ready to go at 6 p.m. after a full day of work and sit there and hump the books for 2 hours, two nights a week...the will to succeed is strong in some. For those that want something other than $7.50, there is a way and anyone can do it. $15/hr for flipping burgers or stacking warehouses isn't the answer. >>
Ah, but you have to remember that now day, going to school after working a full day cuts into their Facebook and Twitter time! Besides, with free government $$$, sometimes there isn't incentive to better themselves because of the lack of ethics. It is to easy now days to get Government $$$. These programs use to be a safety net to help you get back on your feet. Now they are a hammock!
<< <i> It is to easy now days to get Government $$$. These programs use to be a safety net to help you get back on your feet. Now they are a hammock! >>
Maybe more of a cot, but I agree.
All you have to do is move to Williston, ND.
but they probably already receive 15.00 per hour when one counts the benefits they receive in the way of food stamps,
housing vouchers and medicaid. Maybe it is time that multi-billion dollar corporations start paying those
workers a living wage so the taxpayers need not subsidize their workforces. I for one don't care if the cost
of a burger/some Chinese pressed plastic widget goes up resulting in some faceless shareholder receiving less of a dividend.
<< <i>Admittedly I have not read the entire thread, and, I'm sure this was mentioned (or at least I hope it was)
but they probably already receive 15.00 per hour when one counts the benefits they receive in the way of food stamps,
housing vouchers and medicaid. Maybe it is time that multi-billion dollar corporations start paying those
workers a living wage so the taxpayers need not subsidize their workforces. I for one don't care if the cost
of a burger/some Chinese pressed plastic widget goes up resulting in some faceless shareholder receiving less of a dividend. >>
If you count the Gov. subsidies they are well north of $15.00 an hour!!! I agree, their pay should increase, the subsidies reduced along with my taxes!!!
<< <i>
<< <i>Admittedly I have not read the entire thread, and, I'm sure this was mentioned (or at least I hope it was)
but they probably already receive 15.00 per hour when one counts the benefits they receive in the way of food stamps,
housing vouchers and medicaid. Maybe it is time that multi-billion dollar corporations start paying those
workers a living wage so the taxpayers need not subsidize their workforces. I for one don't care if the cost
of a burger/some Chinese pressed plastic widget goes up resulting in some faceless shareholder receiving less of a dividend. >>
If you count the Gov. subsidies they are well north of $15.00 an hour!!! I agree, their pay should increase, the subsidies reduced along with my taxes!!! >>
Two separate issues. Giveaways should end. All of them. Can't afford kids, do not have them.
The Story of Stuff
When it comes to people working in the food industry, it would bother me a lot if the workers do not have access to health care or paid sick leave. Do you want to have someone that had to come to work sick prepare your food? I am not talking about just the flu. There are other communicable diseases that may show no symptoms.
Increasing the minimum wage will eventually lead to increase of consumer good prices and services. We would be right back where we started from.
If the government could increase funds to basic research and foster innovations, we can hope that technology will help things be more efficient so that the low wages that workers get will actually be able to purchase something sustainable. The problem with funding basic research is not that if it leads to results, but it just requires patience. New technologies can also lead to entirely new industries, which translates to overall growth. We have to think in terms of a closed loop system, not a linear one. The video link up above explains it better than I can.
BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
<< <i>If the government could increase funds to basic research and foster innovations, we can hope that technology will help things be more efficient >>
Innovations like genetically modified crops, irradiated beef and mercury laden alternative light bulbs?
They may appear efficient on the front end but will only add to our deteriorating health in the longer run.
<< <i>While I feel for low income earners, I keep reminding myself that the consumer (Me) pays for everything. Higher wages lead to higher prices and it remains a never ending vicious cycle of more here and then more there.
Needing higher wages is only a symptom of a broken and mismanaged economy. Fix the economy using leadership that can get the job done.
New menu item: Stagflation. >>
Working people deserve a living wage. As is these employers are wasteful, inefficient, and
make exorbitant profits because they are protected by Washington and the status quo. They
cry about having to pay farm workers but their pay is a tiny percentage of the dollar you're
charged for that Washington apple that was picked six weeks ago and will never taste right.
Most of the work is being done by people brought in from Mexico but not allowed citizenship
or even legal status so they can be shipped out if they complain. Then younger people, many
with massive college debts, make up much of the rest of the low income earners. They have
two or three jobs just to keep food on the table because these employers are allowed to use
part time workers and they would rather their benefits.
You know these people are going to be running the country when the baby boomers get old
and they're going to be pretty tired of carrying us around for a few decades.
Sure. The local McDounalls increases their pay by double (minimum) but they now will feel
entitled to raise their prices much much more. An apple goes from 2c to 4c to pick and each
middleman who sits and marvels at how well it can be shipped before it is ripe will double his
price until the 2c increase becomes an $8 apple that will never taste good.
It would be wise to stop protecting inefficient, lazy, wasteful American businesses but it seems
pretty unlikely to happen. We'll continue to get ham that acts like a geyser when you try to
get it out of the shrink wrap and adulterated, poor quality, and impossible to open products.
The wealthy people who bring us garbage, deteriorating servives, bankrucy, blatant financial
fraud, and all the other shenanigans will continue to rake in an ever larger share of the money
and use it to rent Congressmen and assure ever more money.
<< <i>Working people deserve a living wage. As is these employers are wasteful, inefficient, and
make exorbitant profits because they are protected by Washington and the status quo. They
cry about having to pay farm workers but their pay is a tiny percentage of the dollar you're
charged for that Washington apple that was picked six weeks ago and will never taste right.
Most of the work is being done by people brought in from Mexico but not allowed citizenship
or even legal status so they can be shipped out if they complain. Then younger people, many
with massive college debts, make up much of the rest of the low income earners. They have
two or three jobs just to keep food on the table because these employers are allowed to use
part time workers and they would rather their benefits. >>
Rerun: Reality Check
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Nice try though...
<< <i>
<< <i>While I feel for low income earners, I keep reminding myself that the consumer (Me) pays for everything. Higher wages lead to higher prices and it remains a never ending vicious cycle of more here and then more there.
Needing higher wages is only a symptom of a broken and mismanaged economy. Fix the economy using leadership that can get the job done.
New menu item: Stagflation. >>
Working people deserve a living wage. As is these employers are wasteful, inefficient, and
make exorbitant profits because they are protected by Washington and the status quo. They
cry about having to pay farm workers but their pay is a tiny percentage of the dollar you're
charged for that Washington apple that was picked six weeks ago and will never taste right.
Most of the work is being done by people brought in from Mexico but not allowed citizenship
or even legal status so they can be shipped out if they complain. Then younger people, many
with massive college debts, make up much of the rest of the low income earners. They have
two or three jobs just to keep food on the table because these employers are allowed to use
part time workers and they would rather their benefits.
You know these people are going to be running the country when the baby boomers get old
and they're going to be pretty tired of carrying us around for a few decades.
Sure. The local McDounalls increases their pay by double (minimum) but they now will feel
entitled to raise their prices much much more. An apple goes from 2c to 4c to pick and each
middleman who sits and marvels at how well it can be shipped before it is ripe will double his
price until the 2c increase becomes an $8 apple that will never taste good.
It would be wise to stop protecting inefficient, lazy, wasteful American businesses but it seems
pretty unlikely to happen. We'll continue to get ham that acts like a geyser when you try to
get it out of the shrink wrap and adulterated, poor quality, and impossible to open products.
The wealthy people who bring us garbage, deteriorating servives, bankrucy, blatant financial
fraud, and all the other shenanigans will continue to rake in an ever larger share of the money
and use it to rent Congressmen and assure ever more money. >>
You mentioned hams, for a long time they have been pumping hams with salt water so they would weigh more, you wind up paying ham prices for a quart of salt water and that boosts the bottom line . In the healthcare thread I complained about $500 per bag charges for saline IV's. Hospitals could hang hams on the pole and save some cash. After gravity drains the saline out they could ship the dried out husk that remains to the kitchen.
They already serve stringy dried out ham in the cafeteria , they need salt water for IV's for patients so it looks like a win win all around.
I just found a way to shorten the supply chain of every hospital in the country.
and doesn't need to take breaks, have weekends off, require health insurance, call in sick, or go on strike for $15 and hour.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Just imagine how many minimum wage video rental store clerks were replaced by the guy that rides around putting new dvds in the Redbox. >>
and even they Redbox dvd guy is going obsolete, a "victim" of streaming content. Oh well, at least he can apply his delivering skills to hauling something else around.
Just imagine how many "moving stuff" jobs will become obsolete when They introduce the"robot truck driver", of course, there will be new jobs in robot truck and road system maintenance.
Liberty: Parent of Science & Industry
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Glad that I stay away from the fast food joints.
I've got a few hundred pounds of nice, beautiful, tasty tomatos this year. Better than any store-bought I've ever had. The peppers are awesome too. I worry a little bit every time I stop for fast food these days.
If fast food workers get their $15/hr., I know for a fact that the cost of my product will be rising faster and that I'll make more money (before gov.com redistributes it, that is).
Everything's a tradeoff.
I knew it would happen.
Knowledge is the enemy of fear
<< <i>Pushing a wheelbarrow around the back 40 is free. >>
No kidding. I always wonder about all the cars at my local post office. They are local, with most folks in easy walking or biking distance.
Always 30 or 40 cars in the lot and rarely another bike besides mine.
Same lady that will drive the mile to the PO will be on the treadmill at a busy gym at 6 oclock.
Here's where you'll wind up...LINKY
Let them and their unions price themselves right out of the market. Bet there's a lot of unemployed auto workers that could give them some needed advice. Sadly, a lot of foodworkers are former union auto workers.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Hell, give 'em $20 an hour. We need a bit of inflation.
Let them and their unions price themselves right out of the market. Bet there's a lot of unemployed auto workers that could give them some needed advice. Sadly, a lot of them are former union auto workers. >>
Unfortunately our crossed wire politicians have created an aura of work entitlement. Take the new Tesla plant in Nevada for example. With taxpayers kicking in an estimated billion dollars for the honor of making Elon Musk even wealthier, can a local taxpayer feel that he is not owed something, anything from this venture?
Truly a regrettable situation that we have found ourselves in. Perhaps Ayn Rand should be required reading when running for office.
<< <i>
<< <i>Hell, give 'em $20 an hour. We need a bit of inflation.
Let them and their unions price themselves right out of the market. Bet there's a lot of unemployed auto workers that could give them some needed advice. Sadly, a lot of them are former union auto workers. >>
Unfortunately our crossed wire politicians have created an aura of work entitlement. Take the new Tesla plant in Nevada for example. With taxpayers kicking in an estimated billion dollars for the honor of making Elon Musk even wealthier, can a local taxpayer feel that he is not owed something, anything from this venture?
Truly a regrettable situation that we have found ourselves in. Perhaps Ayn Rand should be required reading when running for office. >>
That plant will employ 6500 people making $50,000 per year. Thats $325 million per year added to the local economy. The State of Nevada gets paid back in just a few years. Thats just a tad better than the $500 million the taxpayers gave to another now defunct CA company that was praised by the President.
Knowledge is the enemy of fear
<< <i>Perhaps Ayn Rand should be required reading when running for office. >>
Ms. Rand would be better served if it was required reading when voting.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Time to revisit the fast food worker. Has his lot improved in the last 12 months? >>
It depends on whether he's getting more or less good sex than he was last year.
Liberty: Parent of Science & Industry
<< <i>Time to revisit the fast food worker. Has his lot improved in the last 12 months? >>
has he done anything to improve this lot? Education, training, job interviews, taking a few piercings off his face so he can do well at said interviews?
Or has he done nothing and expected good things to come his way?
<< <i>
<< <i>Time to revisit the fast food worker. Has his lot improved in the last 12 months? >>
has he done anything to improve this lot? Education, training, job interviews, taking a few piercings off his face so he can do well at said interviews?
Or has he done nothing and expected good things to come his way? >>
My guess is "B"
<< <i>Time to revisit the fast food worker. Has his lot improved in the last 12 months? >>
His "get to work" gasoline is costing him less.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>Time to revisit the fast food worker. Has his lot improved in the last 12 months? >>
His "get to work" gasoline is costing him less. >>
Or in many cases, heavily subsidized bus fare which is cost stable.
In my town it costs about $5.00 per bus passenger, but the fare is $1.25 or $1.50
At $15 an hour I can buy about an ounce of silver per hour ignoring taxes.
In 1964 minimum wage was $1.15, since coinage was 90% silver I think it's pretty close!
Truly a regrettable situation that we have found ourselves in. Perhaps Ayn Rand should be required reading when running for office. >>
That plant will employ 6500 people making $50,000 per year. Thats $325 million per year added to the local economy. The State of Nevada gets paid back in just a few years. Thats just a tad better than the $500 million the taxpayers gave to another now defunct CA company that was praised by the President.
What's the tax rate in Nevada? Let's say 8% as a guess. That's about $26,000,000 a year to the state. $325 million/$26 million = 12.5 years.
Unless Tesla goes under. Then the state loses big. Just like Solyndra burned California taxpayers.
I knew it would happen.
<< <i>Unless Tesla goes under. Then the state loses big. Just like Solyndra burned California taxpayers. >>
I recall a few gems here in Arizona. 15 years ago our county paid a fortune to land a Microsoft facility here. Never happened.
Phoenix area just had an Apple supplier go bust. Cha-ching.
$40,000,000 minor league ballpark is now vacant as the cactus league moved north after a couple of years.
Glad to have the political hacks looking out for us.
<< <i>In our small county Pfizer's was given incentives to build a big corporate complex in downtown New London, CT just across the river from their main complex. The goal was to rebuild the waterfront with new high priced condo's and lure in cruise ships and tourists. To do that they had to kick everyone out of their homes in that multi-block area. Then they leveled it in anticipation of the building boom. Oh yeah that was 2007. The boom never came and now they have a desolate area with concrete foundations from the old homes as if an atomic bomb was dropped on it. The new Pfizer's complex was shutdown. The town ended up getting less in taxes than they had before when there were low income homes there. Way to go guys. In 2014 they finally got General Dynamics (Electric Boat) to take over the vacant Pfizer's facility. What a plan they had! >>
a lot of those elected officials still in office? I know the non-elected decision makers are still in office, no doubt unaffected by their decisions.
<< <i>What a plan they had! >>
Plan was no doubt for the office holder to receive a hefty payout after leaving office. A wretched practice that liberal voters now accept and seemingly embrace. One home could never be enough for an ex president, federal reserve chair or treasury secretary.
Filters down to the locals, though the payoffs are generally less.