Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Illinois > Chicago
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-02-2013, 12:45 PM
 
2,990 posts, read 5,256,986 times
Reputation: 2366

Advertisements

Quote:
Originally Posted by Chi-town Native View Post
Very true, but you have to have the "admittance fee" or golden key to get in the door of funding capital-intensive projects.

Another recent foible on how average workers get screwed in current American-style capitalism:

Twinkie CEO Admits Company Took Employees Pensions and Put It Toward Executive Pay | Alternet

This one is just sick. If this *isn't* illegal, well I reckon that's the problem right there.
That's awful. Not too surprising though. In this country, virtually every law favors employers. For white collar jobs there is not even a 'maximum' amount of hours one can be asked to work--if your employer tells you to sit there and write the encyclopedia backwards in two days, you have to try.

I'm wading through David Stockman's recent book. It's depressing as all get out but pretty much tells all of the dirty details of how our policy has been formed since World War II--primarily through crony capitalism and corruption.

Which is one reason why the corporate tax code makes no sense to anyone, anywhere, but no one ever tries to change it... except where their specific interests are concerned.

Like I said, pretty cynical stuff.
Reply With Quote Quick reply to this message

 
Old 08-02-2013, 12:45 PM
 
100 posts, read 123,548 times
Reputation: 80
Quote:
Originally Posted by lenniel View Post
Digging ditches may be more physically demanding than someone sitting in air conditioning analyzing spreadsheets, but they're both 'working hard'. But, the guy analyzing spreadsheets provides more 'value' for his work because not as many people can do what he does where as lots of people can dig a ditch (or flip a burger, or push a broom).
This is college Economics 101. You have to understand that for many people this "living wage" argument is an emotional one though. An emotion that I agree with, but you can't get away from simple economics of the above post, which is just plain reality as long as you have a monetary system. Specifically, wages' underlying foundation is supply and demand. There are of course outliers. But there is a greater supply of people that have the ability to work fast food, for instance, than there people who have the ability to transplant a heart, hence why one is paid so much more than the other. Both can be working EQUALLY hard, but one person is much more rare relative to the demand of that skill.

Unless you decrease the supply of people that have the ability to work fast food you won't get an increase in wages. Or you increase demand for them. You can force certain situations (like with strikes) but it doesn't change supply or demand long term. It doesn't change how rare the person is who has the ability to do that certain task. If you just inflate the wage this will literally eventually work its way through the system to everyone, including managers, CEO's, etc., and everyone's wage will eventually be inflated. This is because money is worth something in a relative nature--the prime example being an ounce of gold versus one hundred trillion Zimbabwe dollars. Inflating starting wages does "feel good" though but it actually only fixes the problem for a short while (i.e., perhaps a few years), and eventually you have to have this argument again because "Why is milk now $8.99 a gallon?"

Reply With Quote Quick reply to this message
 
Old 08-02-2013, 12:49 PM
 
2,990 posts, read 5,256,986 times
Reputation: 2366
Quote:
Originally Posted by NARFALICIOUS View Post
Most people don't want to better themselves. If they did, it'd be happening.

If they get what they are asking for, $15.00 for entry level, then $17.00 for shift leader, $19.00 for assistant manager? Where does it end? higher end restaurants and retail don't pay these wages. Hell, skilled positions like CNA, Automotive, EMS don't even pay these wages.
More people are unwilling to fend for themselves and are looking for someone to blame for their problems. It has to stop.
The problem is this country only needs so many financial pros, engineers, college professors etc.

You can't just say to an entire populace, 'Go to med school or you deserve what you get.'

We already have far too many lawyers because the writing is on the wall that it is one of the few professions left with fairly predictable upward mobility... and I've heard that is even on the wane fairly dramatically, unless you go to a really good school.
Reply With Quote Quick reply to this message
 
Old 08-02-2013, 12:50 PM
 
2,990 posts, read 5,256,986 times
Reputation: 2366
Quote:
Originally Posted by yoyoniner View Post
This is college Economics 101. You have to understand that for many people this "living wage" argument is an emotional one though. An emotion that I agree with, but you can't get away from simple economics of the above post, which is just plain reality as long as you have a monetary system. Specifically, wages underlying foundation is supply and demand. There are of course outliers. But there is a greater supply of people that have the ability to work fast food, for instance, than there people who have the ability to transplant a heart, hence why one is paid so much more than the other. Both can be working EQUALLY hard, but one person is much more rare relative to the demand of that skill.

Unless you decrease the supply of people that have the ability to work fast food you won't get an increase in wages. Or you increase demand for them. You can force certain situations (like with strikes) but it doesn't change supply or demand long term. It doesn't change how rare the person is who has the ability to do that certain task. If you just inflate the wages this will literally eventually work its way through the system to everyone, including managers, CEO's, etc. Money is worth something in a relative nature--the prime example being an ounce of gold versus one hundred trillion Zimbabwe dollars. Inflating starting wages does "feel good" though but it actually only fixes the problem for a short while (i.e., perhaps a few years).
That would be relevant if anyone was arguing that fast food workers should be compensated like heart surgeons.
Reply With Quote Quick reply to this message
 
Old 08-02-2013, 12:53 PM
 
100 posts, read 123,548 times
Reputation: 80
Quote:
Originally Posted by jonnynonos View Post
That would be relevant if anyone was arguing that fast food workers should be compensated like heart surgeons.
It's just a stark example of supply and demand. No one is arguing this, yes.
Reply With Quote Quick reply to this message
 
Old 08-02-2013, 12:58 PM
 
1,251 posts, read 2,507,160 times
Reputation: 896
Quote:
Originally Posted by 2nd trick op View Post
A couple of years ago, I had the distinct displeasure of working alongside a product of the "educational" system similar to the subject of the original post; age 25, with an 11-year-old son at risk of following in Trayvon Martin's footsteps.

She was, however, well-suited to the job, which was just opening and repacking grocery items; she turned it into a dance and I would have to endure Michael Jackson's "Can We Chill" (if you're not familiar with it, consider yourself lucky) over and over again. She had the fastest rate of all of us, and got incentive pay -- all of 75 cents an hour.

Is this what the last phase of the culture which invented the term "baby daddy" has reduced itself to???
Just like there is "Godwin's Law" for invoking Hitler when it doesn't belong, there now has to be a some sort of equivalent for mentioning Trayvon Martin/George Zimmerman. Congratulations on being that person to this thread.
Reply With Quote Quick reply to this message
 
Old 08-02-2013, 01:07 PM
 
Location: Berwick, Penna.
16,214 posts, read 11,285,307 times
Reputation: 20827
Quote:
Originally Posted by ERS-One View Post
Just like there is "Godwin's Law" for invoking Hitler when it doesn't belong, there now has to be a some sort of equivalent for mentioning Trayvon Martin/George Zimmerman. Congratulations on being that person to this thread.
And my congratulations to you for refining the Fascism called Political Correctness to a new level of self-righteousness,
Reply With Quote Quick reply to this message
 
Old 08-02-2013, 01:09 PM
 
Location: Chicago
4,688 posts, read 10,082,234 times
Reputation: 3207
Quote:
Originally Posted by yoyoniner View Post
This is college Economics 101.
Generally anyone referencing "Econ 101" in an explanation on economics will subsequently show they either:

a) never took Econ 101
b) if they did take it, never advanced past 101
or
c) failed econ 101
Reply With Quote Quick reply to this message
 
Old 08-02-2013, 01:10 PM
 
14,801 posts, read 17,616,394 times
Reputation: 9246
Unfortunately we are all witnessing the slow decline of the USofA.

Last edited by Vlajos; 08-02-2013 at 01:18 PM..
Reply With Quote Quick reply to this message
 
Old 08-02-2013, 01:12 PM
 
Location: Here
2,754 posts, read 7,400,047 times
Reputation: 2872
Quote:
Originally Posted by jonnynonos View Post
The problem is this country only needs so many financial pros, engineers, college professors etc.

You can't just say to an entire populace, 'Go to med school or you deserve what you get.'

We already have far too many lawyers because the writing is on the wall that it is one of the few professions left with fairly predictable upward mobility... and I've heard that is even on the wane fairly dramatically, unless you go to a really good school.
College professors? Engineers? What? Not once did I mention go to med school. Nor did I make mention that everyone should be a 75k a year earner. Very unlikely. Though that shouldn't stop someone who wants to be.


I was thinking more like get a promotion to assistant manager of McDonalds and make somewhere in the 25k range. Or get a better job like a secretary or receptionist and make 30k. Or go to a 2 year school and make 30k, 35k, 40k or more. All of these are within reach for anyone who currently works at McDonalds.
Yes, we need McDonalds workers. We need the minimum wage employees to fill those positions.
But nobody went to the single mom's house and begged her to work there for minimum wage. She applied.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Illinois > Chicago

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top