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I found out long ago - by direct experience - that there is an inverse involved in work. Those who work the hardest often make the least and those that work the least make the most.
No, it's not a hard and fast rule...it's a generalization. But I found it to be true...and I've done everything from cleaning poop off of floors before I remodeled a house to cleaning basements and attics....to owning and running multi-million dollars businesses.
The most in "dollars per hour" I ever made was toward the end of my career when I spent about 2-3 hours a day on forums (I started and ran one) like this. The hardest I ever worked was for Temp jobs (manpower, etc.), on Farms and on Construction sites. None of them paid even 20% of what I made when I sat at a desk.
I totally agree with you. This is the thing. Think of a game of musical chairs. No, the economy is not completely analogous to a game of musical chairs, but they share some of the same distribution logic. Lets just assume that there are 9 chairs and 10 people playing. Say that 3 chairs represent good paying jobs, 3 chairs represent moderate paying jobs and 3 chairs represent low paying jobs. When the music stops, 9 people, if they want to sit, will either have good, moderate or low paying jobs. People can fool the participants that they all can land good paying seats......if they just do the right things......is bull ship! Regardless of what the people do......only 3 people will land the good paying jobs because THAT IS WHAT IS BEING SUPPLIED. All 10 people can acquire all the knowledge and do all the right things.....but it does not change the fact that 3 will have to sit in the low paying seats, if they want to sit.
It's a myth that most of us can be successful at the same time. A skill that is in demand but supply falls short of that demand will bid up the pay for that skill. A skill that is way over supplied relative to demand bids down the value and pay of that skill. Hence, the reason that some occupations or skills pay well is because not enough people have the skill. However, if too many people get the skill then the value and pay for that skill will go down over time. Therefore, keeping a certain segment of the population unskilled helps preserve the high income levels of others and ensures a labor pool for the low skilled occupations. If too many people became educated and the good paying seats were not available, many would feel overqualified and cheated if they had to work low paying jobs, which would cause social revolt.
They did not run it into the ground. Prior employees did. Sears was dying the last 25 years.
Liquidation corps hire execs , paid well, at end, to maximize value obtained out of a long bad situation. In short, the execs just hired are here to get an extra couple of hundred million for the creditors.
I did not realize Sears was an employee owned and run store.
What do we need the captain for if the risks get passed off to employees?
The previous captains of Sears should have been thrown overboard to the sharks instead of thumbing his nose at the ones that did all the work while they walk away with golden parachutes.
I think the OP means there are some people who are poor because they do not want to work to a level to escape poverty.
Correct, and his point is valid.
I travel daily through a neighborhood, with decades long low workforce participation rates, low rates high school graduation, ultra high use social welfare.
Its Systemically Dysfunctional
The residents continuously put forth no long-term effort at self improvement.
I totally agree with you. This is the thing. Think of a game of musical chairs. No, the economy is not completely analogous to a game of musical chairs, but they share some of the same distribution logic. Lets just assume that there are 9 chairs and 10 people playing. Say that 3 chairs represent good paying jobs, 3 chairs represent moderate paying jobs and 3 chairs represent low paying jobs. When the music stops, 9 people, if they want to sit, will either have good, moderate or low paying jobs. People can fool the participants that they all can land good paying seats......if they just do the right things......is bull ship! Regardless of what the people do......only 3 people will land the good paying jobs because THAT IS WHAT IS BEING SUPPLIED. All 10 people can acquire all the knowledge and do all the right things.....but it does not change the fact that 3 will have to sit in the low paying seats, if they want to sit.
It's a myth that most of us can be successful at the same time. A skill that is in demand but supply falls short of that demand will bid up the pay for that skill. A skill that is way over supplied relative to demand bids down the value and pay of that skill. Hence, the reason that some occupations or skills pay well is because not enough people have the skill. However, if too many people get the skill then the value and pay for that skill will go down over time. Therefore, keeping a certain segment of the population unskilled helps preserve the high income levels of others and ensures a labor pool for the low skilled occupations. If too many people became educated and the good paying seats were not available, many would feel overqualified and cheated if they had to work low paying jobs, which would cause social revolt.
The thing is people keep themselves unskilled no action is required by others. We all know siblings where one is successful and one isn’t. Yes, everyone can’t be successful but there is no one who can’t be successful.
Even musical chairs is not completely decided by random. I saw a 110 pound woman and a 250 pound woman go for the same chair once. Guess who ended up in the chair?
I travel daily through a neighborhood, with decades long low workforce participation rates, low rates high school graduation, ultra high use social welfare.
Its Systemically Dysfunctional
The residents continuously put forth no long-term effort at self improvement.
The drive to improve starts from within.
Some have it, some don't..
And much of that is learned from your parents. I know my dad made sure me and my brother developed a work ethic. A child is born basically a blank slate.
Most people in America who are poor today made a conscious decision at some point not to take school seriously. They thought it wouldn’t come back to haunt them.
In life, you reap what you sow.
The system is designed to have poor and exploit the poor, do you disagree?
If 25% of jobs pay poverty level wages, and someone has to do it, then has more to do with the design of the system.
Those jobs have to be done.
Especially when many of those jobs paid a lot better 30 years ago.
The whole idea is redistribute the wealth from the poor and middle classs and give it all to theives and shysters at the top and that is exactly what has been happening for the last 30 years when we went from capitalism to socialism for the rich.
And much of that is learned from your parents. I know my dad made sure me and my brother developed a work ethic. A child is born basically a blank slate.
BINGO. Show me the 17 year old working as hard at a fast food joint as he/she can, while knowing his/her future college major, that is the guy/gal I want in my office 7 years later. Work ethic is vital.
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