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The retiree age cohort is the wealthiest of all age cohorts in the US. The current retiree has a standard of living that was unfathomable even a century ago.
A lot of hedonic adaptation has gone on the world over when it comes to lifestyle... People feel like being able to own 3 properties and travel to 30 countries is a God given right. It's a good thing within reason. Providing a middle class lifestyle to somebody who doesn't do anything to work for it to me crosses the line. OTOH a lot of middle class paid their dues by busting their butts in their professions throughout their lives...it's a balancing act.
If someone chose not to save for retirement and was a gambling addict or spent all their money on toys is it our job to provide them a middle class lifestyle through old age? Age old question. . I don't believe children should be responsible for their parents debts. We are all responsible for past and current debts via inflation and taxation. Don't like it? Vote better... For whichever swamp creature you think will do the least bad job.
No. Actually what happens is shift in demand for low-price labor towards unionized high priced labor. Why pay $15 per hour for an unskilled stoner when for $2 per hour more you can get a higher skilled union employee who is much more productive?
Raising the minimum wage is all about artificially increasing the demand for union labor.
The unions are behind the $15/hour protests by FF workers.
And that is because it is written in their union contracts that they get an automatic raise should the min wage get raised.
Did people really think unions sympathized with FF workers and funded their protests for other reasons ?
A lot of hedonic adaptation has gone on the world over when it comes to lifestyle... People feel like being able to own 3 properties and travel to 30 countries is a God given right. It's a good thing within reason. Providing a middle class lifestyle to somebody who doesn't do anything to work for it to me crosses the line. OTOH a lot of middle class paid their dues by busting their butts in their professions throughout their lives...it's a balancing act.
If someone chose not to save for retirement and was a gambling addict or spent all their money on toys is it our job to provide them a middle class lifestyle through old age? Age old question. . I don't believe children should be responsible for their parents debts. We are all responsible for past and current debts via inflation and taxation. Don't like it? Vote better... For whichever swamp creature you think will do the least bad job.
Why not ? We're doing it for the young and poor today. The US has the richest poor on the face of the earth and that is why poor from all over the world are coming here illegally if need be.
Inflation is strictly a monetary policy issue - the government is printing too much currency.
But hey, you guys voted for the democrats. So enjoy the cow pie sandwich they voted for!!! So reap what you sow and enjoy it, please!
Inflation is world wide, is China and Europe spending too much? Many factors are causing inflation mostly more demand for fewer products but go on with your theory.
Inflation is world wide, is China and Europe spending too much? Many factors are causing inflation mostly more demand for fewer products but go on with your theory.
We had that in 2020 as factories had to shut down due to covid infections.
We had empty shelves but no price inflation.
It's more than "the supply chain"...much, much more.
Why not ? We're doing it for the young and poor today. The US has the richest poor on the face of the earth and that is why poor from all over the world are coming here illegally if need be.
I'm generally against that also. The working shouldn't have to support the parasites, not until robots can take over all jobs at least. We have labor shortages, people should be working, living off savings, or moving in with their parents. To give them subsidized housing so they can live completely independently on the taxpayer dime while making it harder for working people to afford housing due to shortages, while also reducing the labor pool of people who can build more housing, makes little sense to me. Want to work not at all and don't have money? Live with family members.
People who claim to have anxiety and depression as a reason to not work can fix these problems with proper training. I completely conquered generalized anxiety disorder, not with government handouts but with exposure therapy, time, and research into human psychology and our brain and nervous system. I oppose paid FMLA that is handed out selectively...the government may as well just give every working person a month of government paid vacation per year. The people who abuse it are going to resent those that don't.
I'm generally against that also. The working shouldn't have to support the parasites, not until robots can take over all jobs at least. We have labor shortages, people should be working, living off savings, or moving in with their parents. To give them subsidized housing so they can live completely independently on the taxpayer dime while making it harder for working people to afford housing due to shortages, while also reducing the labor pool of people who can build more housing, makes little sense to me. Want to work not at all and don't have money? Live with family members.
People who claim to have anxiety and depression as a reason to not work can fix these problems with proper training. I completely conquered generalized anxiety disorder, not with government handouts but with exposure therapy, time, and research into human psychology and our brain and nervous system.
I agree with you. But our government has a different agenda. A people dependent on a government will always vote to keep that government in power. That is where I think we're going.
A decent company making billions a year would raise the the salary for their employees. But nope, Executives need a 3rd yacht. Thats more important than your employees living or dying or having money for gas to get to work. Heres the thing, if people don't have money, they aren't going to buy the garbage you are selling. Thats common sense too
You obviously have no understanding about how an open economy based upon the recognised (by the markets) economy works -- can't even draw a line between individual and corporate prosperity -- and responsibility.
Employees at most large enterprises are compensated by wage scales -- not "salary"; and most are glad of it, because with that "salary" usually comes an aggresive junior supervisor or manager who is always demanding more for the same fixed salary.
"Performance reviews" are a sick joke: Everything you've done faithfully, every day, will usually be ignored, But if you have reservations about, or objections to any part of the Korporate Master Plan, you'll never hear the end of it until your voice is silenced.
Amd most "executives" don't get a salary sufficent for a bass boat, let alone a yacht; the difference between the CEO's paycheck, and those of subordinates. even at the Vice-Presidential level, is substantial.
Because every sucker who walks into the Korporate snake pit at the same time every morning, wearing a few extra hundred dollars worth of unnecesssary clothing -- furnished at his/her own expense and not even tax-deductible. is out to suck his/her way to the top.
A decent company making billions a year would raise the the salary for their employees. But nope, Executives need a 3rd yacht. Thats more important than your employees living or dying or having money for gas to get to work. Heres the thing, if people don't have money, they aren't going to buy the garbage you are selling. Thats common sense too
Your "common sense" calls for nationalization of everything in the US so that everything can be controlled by the government.
You are living in the wrong country if that is your vision.
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