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View Full Version : Just last year commifornia was fighting for 15



BigKobeFan
12-11-2021, 08:59 PM
https://www.yahoo.com/news/california-could-18-minimum-wage-120000894.html

Now these cucks want 18$

Then when they get 18. They will want 20

It will never stop with these dumb sheeps because thats not the way to end poverty

Nanners
12-11-2021, 09:14 PM
Considering that $18 in california probably buys around what $15 bought last year, it doesnt seem too unrealistic.

Shogon
12-11-2021, 09:15 PM
The minimum wage doesn't mean anything positive for the people making minimum wage other than the very very very extreme short term once they get it.

Raising the minimum wage drives inflation arguably more than printing money does.

But with that being said, in fact, raising minimum wage actually just prices the lowest skilled people out of the job market entirely as companies will either close up shop or they will hire less people meaning the people at the lowest possible skill tier will no longer get hired.

Surface level shallow analysis perceived morality of such a thing aside, if I could hire someone for $2/hr to clean the floors when they absolutely positively will not be getting hired by anyone else for current minimum wage, is it really a bad thing in the long run?

Nanners
12-11-2021, 09:21 PM
if I could hire someone for $2/hr to clean the floors when they absolutely positively will not be getting hired by anyone else for current minimum wage, is it really a bad thing in the long run?

Its not bad for you... but what kind of maid/janitor is unable to get minimum wage?

Shogon
12-11-2021, 10:29 PM
Its not bad for you... but what kind of maid/janitor is unable to get minimum wage?

You don't think there are human beings in society that are below the skill/ability required to complete janitorial work on a minimum wage level that don't have jobs as a result?

Nanners
12-11-2021, 10:32 PM
You don't think there are human beings in society that are below the skill/ability required to complete janitorial work on a minimum wage level that don't have jobs as a result?

No doubt there are plenty of idiots in this country, this message board is full of them... but if someone is incapable of doing basic janitor work they probably shouldnt be hired for that job in the first place.

Shogon
12-11-2021, 10:42 PM
No doubt there are plenty of idiots in this country, this message board is full of them... but if someone is incapable of doing basic janitor work they probably shouldnt be hired for that job in the first place.

Well there's always something for someone to do no matter how incompetent they are. What about literal retards? Even if you consider it borderline tantamount to slave labor, it's better than $0/hr. There's always something. Instead these people are completely net negatives on society rather than producing ANYTHING even as minimal as it may be simply because of minimum wage laws. And they aren't getting through life without some help somewhere anyways, so let's not go there.

Increasing minimum wage laws will continue to hasten the process of robotics/ai replacing low level workers. I mean, that shit was coming regardless... this just adds fuel to the fire by incentivizing employers to invest more and more into replacing those jobs entirely.

Shogon
12-11-2021, 10:46 PM
And besides, what does the US currently do anyways? They just export their slave labor and they export as many below minimum wage level jobs as possible. So politicians don't really care about people's standards of living and neither does your typical US consumer. They just care about getting elected in the politicians' case and they just care about buying cheap goods in the US consumer's case.

Seriously... all the shit I say about the unintended consequences of minimum wage laws aside, does anyone actually give a **** about other human beings in this topic? No, not really. Otherwise there would be laws prohibiting the importing and sales of slave labor produced goods.

Off the Court
12-12-2021, 12:10 AM
Fighting for more money is the opposite of being a cuck.

Fighting for the top 1% to pay people less makes you their cuck.

AKA_AAP
12-12-2021, 01:11 AM
Fighting for more money is the opposite of being a cuck.

Fighting for the top 1% to pay people less makes you their cuck.

No one that leans conservative fights for the top 1%. They fight for themselves to eventually be in the top 1% or the more obtainable top 2%. You on the other hand, you fight for big government and corrupt lying politicians to help make your life easier...supposedly. Because you think equal outcome is somehow more fair, while having unequal effort or skill. You can't get it on your own, you're not a hustler. You're the cuck. And you don't even realize your own socialistic/communistic ideology will make you poorer and even more disposable.

j3lademaster
12-12-2021, 12:43 PM
https://www.yahoo.com/news/california-could-18-minimum-wage-120000894.html

Now these cucks want 18$

Then when they get 18. They will want 20

It will never stop with these dumb sheeps because thats not the way to end povertyhow do you end poverty? or at least minimize it

j3lademaster
12-12-2021, 01:15 PM
Raising the minimum wage drives inflation arguably more than printing money does.No, it doesn't. People making minimum wage aren't driving up the housing market and investing in stocks, they're struggling to make ends meet.


How much food waste is there in the United States? Each year, 108 billion pounds of food is wasted in the United States. That equates to more than $161 billion worth of food thrown away each year. Shockingly, nearly 40% of all food in America is wasted.https://www.feedingamerica.org/our-work/our-approach/reduce-food-waste

Inflation occurs when you create a demand that exceeds the supply. In this case raising min wage from $15 to 18 accounting for inflation only gives those at the bottom more food security by giving them more access to the food we already waste. I mean, by your logic food prices should go down since we're over-supplied, but it doesn't because corporations maximize profits at a markup. We're not catapulting min wage workers into middle class here, it's $15 to $18 to adjust for inflation. In California of all places, where median rent is $1500+ and in LA it's $2200. McDonald's will charge $4 for a big mac regardless of if it costs $.21 to make in Alabama(where there's no min wage so they just go by fed min wage of $7.25) or $.45 to make in California, and I'm sure the california franchises are doing fine.

Shogon
12-12-2021, 01:17 PM
No, it doesn't. People making minimum wage aren't driving up the housing market and investing in stocks, they're struggling to make ends meet.

https://www.feedingamerica.org/our-work/our-approach/reduce-food-waste

Inflation occurs when you create a demand that exceeds the supply. In this case raising min wage from $15 to 18 accounting for inflation only gives those at the bottom more food security by giving them more access to the food we already waste. I mean, by your logic food prices should go down since we're over-supplied, but it doesn't because corporations maximize profits at a markup. We're not catapulting min wage workers into middle class here, it's $15 to $18 to adjust for inflation. In California of all places, where median rent is $1500+ and in LA it's $2200. McDonald's will charge $4 for a big mac regardless of if it costs $.21 to make in Alabama(where there's no min wage so they just go by fed min wage of $7.25) or $.45 to make in California, and I'm sure the california franchises are doing fine.


By your logic, raising minimum wage has no impact on the demand for goods and services. It also does not start to cause people making more than minimum wage to want more from their employers in relation to the people that are now making minimum wage.

Minimum wage is a jerkoff concept for opportunistic politicians and ignoramuses.

I already said raising the minimum wage helps short term, but that's all it does.

Short term thinking is for stupid people and con artists. Which one are you?


And also, to echo the point I made earlier in this thread, stop pretending you care about people on the bottom rung. Until you can demonstrate to me that all of the goods you are consuming are domestically made, step off of the high horse. You're full of shit just like everyone else.

j3lademaster
12-12-2021, 02:10 PM
By your logic, raising minimum wage has no impact on the demand for goods and services. It also does not start to cause people making more than minimum wage to want more from their employers in relation to the people that are now making minimum wage.

Minimum wage is a jerkoff concept for opportunistic politicians and ignoramuses.

I already said raising the minimum wage helps short term, but that's all it does.

Short term thinking is for stupid people and con artists. Which one are you?


And also, to echo the point I made earlier in this thread, stop pretending you care about people on the bottom rung. Until you can demonstrate to me that all of the goods you are consuming are domestically made, step off of the high horse. You're full of shit just like everyone else.How am I on a morale high horse? I used nothing but facts and logic in my post.

Since 1950 to now what has gone up more: inflation or wages? Inflation right? So if inflation comes first how can you claim it's wages driving inflation rather than the other way around? And how do you feel about asking for raises at your job?

AKA_AAP
12-12-2021, 06:19 PM
j3blademaster makes minimum wage and doesn't live in Commiefornia.

SATAN
12-12-2021, 06:25 PM
No one that leans conservative fights for the top 1%. They fight for themselves to eventually be in the top 1% or the more obtainable top 2%.

:facepalm

AKA_AAP
12-12-2021, 06:29 PM
:facepalm

No facepalm. Those are facts. Also, being in the top 2% isn't even hard. It literally just takes ONE good idea, plandemic or no plandemic. And if that ONE good idea works out really well, then you'll be in the top 1%.

Off the Court
12-12-2021, 06:37 PM
No facepalm. Those are facts. Also, being in the top 2% isn't even hard. It literally just takes ONE good idea, plandemic or no plandemic. And if that ONE good idea works out really well, then you'll be in the top 1%.
:roll:
It's so easy that 100% of the population can be in the top 2%. :oldlol:

Off the Court
12-12-2021, 06:39 PM
The easiest way to get in the top 2% is when your mommy and daddy die and then you're magically there.

AKA_AAP
12-12-2021, 06:45 PM
:roll:
It's so easy that 100% of the population can be in the top 2%. :oldlol:

100% of the population doesn't have the right mindset. It's almost always the conservatives that have the right mindset and end up being in the top 2% without an inheritance.

Off the Court
12-12-2021, 06:49 PM
100% of the population doesn't have the right mindset. It's almost always the conservatives that have the right mindset and end up being in the top 2% without an inheritance.

Lol yeah right "almost always"? :oldlol:

You're killing me how stupid you are. You think all these tech billionaires with "one good idea" are a bunch of Christian conservatives?

Off the Court
12-12-2021, 06:51 PM
https://i0.wp.com/www.brookings.edu/wp-content/uploads/2020/11/2021208_BrookingsMetro_TwoEconomies-Chart1Dec9-final.png?w=768&crop=0%2C0px%2C100%2C9999px&ssl=1

It's the blue counties creating this countries wealth

AKA_AAP
12-12-2021, 06:59 PM
https://i0.wp.com/www.brookings.edu/wp-content/uploads/2020/11/2021208_BrookingsMetro_TwoEconomies-Chart1Dec9-final.png?w=768&crop=0%2C0px%2C100%2C9999px&ssl=1

It's the blue counties creating this countries wealth

All that shows is how conservatives who end up rich end up moving to blue cities to help out their GDP by creating revenue and jobs. That's why 99% of successful small business owners and CEO's are Republican voters.

SATAN
12-12-2021, 06:59 PM
lmao@kissing the corrupt law making, tax dodging, wage oppressing psyopathic 1% asses. Sounds like what this dude really wants is power. And that is kind of pathetic to be honest.

SATAN
12-12-2021, 07:02 PM
Well there's always something for someone to do no matter how incompetent they are. What about literal retards? Even if you consider it borderline tantamount to slave labor, it's better than $0/hr. There's always something. Instead these people are completely net negatives on society rather than producing ANYTHING

There are many jobs or industries which are net negatives to society also. Ironically people in those industries tend to be well paid for being absolute cancer. So what is the point?

AKA_AAP
12-12-2021, 07:02 PM
lmao@kissing the corrupt law making, tax dodging, wage oppressing psyopathic 1% asses. Sounds like what this dude really wants is power. And that is kind of pathetic to be honest.

You do realize you can create an LLC, employ people, solve problems, and use tax deductions too? That's not limited to the top 2% or top 1%. Any "adult" can do it. Or you can live your adult life as an rrr3. This is MAGA country where the ball is on your court.

AKA_AAP
12-12-2021, 07:03 PM
There are many jobs or industries which are net negatives to society also. Ironically people in those industries tend to be well paid for being absolute cancer. So what is the point?

Like your leftist friend rrr3 selling drugs to destroy black and brown communities?

Off the Court
12-12-2021, 07:07 PM
All that shows is how conservatives who end up rich end up moving to blue cities to help out their GDP by creating revenue and jobs. That's why 99% of successful small business owners and CEO's are Republican voters.

Lol yeah is that how Google started? Some dumb hick had one good idea and moved into the city?

Off the Court
12-12-2021, 07:09 PM
This country is run by rich leftists and you guys know that because you don't ever shut up about it.

And it's only going to get worse as the right is convincing themselves to stay away from college and sectors like oil are replaced by battery and tech.

SATAN
12-12-2021, 07:09 PM
Like your leftist friend rrr3 selling drugs to destroy black and brown communities?

lol

AKA_AAP
12-12-2021, 07:09 PM
lmao@kissing the corrupt law making, tax dodging, wage oppressing psyopathic 1% asses. Sounds like what this dude really wants is power. And that is kind of pathetic to be honest.

The power to be a net positive to other peoples' lives.

The way you cry about the top 2%, or the top 1% is the wrong mindset. Worry about your own hustle and better yourself, then better other peoples' lives.

SATAN
12-12-2021, 07:12 PM
The power to be a net positive to other peoples' lives.

The way you cry about the top 2%, or the top 1% is the wrong mindset. Worry about your own hustle and better yourself, then better other peoples' lives.

You'll be hanging out with Ghislaine Maxwell in no time

lmao@net positive in other people's lives. Take a look at the 1-2% and tell me with a straight face they are not literally causing problems in people's lives also, whether intentional or not.

AKA_AAP
12-12-2021, 07:17 PM
You'll be hanging out with Ghislaine Maxwell in no time

lmao@net positive in other people's lives. Take a look at the 1-2% and tell me with a straight face they are not literally causing problems in people's lives also, whether intentional or not.

The CEO of everyone's employer on this site is in the top 2%. They help you put food on the table and pay your mortgage/rent, and unfortunately your internet bill to post your crap on ISH.

You also benefit from the products and services that the people in the top 1% create.

AKA_AAP
12-12-2021, 07:20 PM
This country is run by rich leftists and you guys know that because you don't ever shut up about it.

And it's only going to get worse as the right is convincing themselves to stay away from college and sectors like oil are replaced by battery and tech.

On their way to being rich, they had a conservative mindset. Some of them unfortunately turn into corrupt corporatists leftist psychopaths.

SATAN
12-12-2021, 07:25 PM
The CEO of everyone's employer on this site is in the top 2%. They help you put food on the table and pay your mortgage/rent, and unfortunately your internet bill to post your crap on ISH.

You also benefit from the products and services that the people in the top 1% create.

You're completely over looking the obvious but all good.

Dbrog
12-13-2021, 12:11 PM
The entitlement of people is ridiculous now. For reference I made $18/hr on my first job after getting a MASTERS degree and yet completely unskilled people think they deserve it for folding clothes or being a cashier or flipping burgers. GTFO of here with that. If these people want more money, there's quite a few very straightforward ways to do it in this country. There's no excuse...they are just lazy af

hiphopanonymous
12-16-2021, 10:59 AM
https://static.attn.com/sites/default/files/meme3.jpg?auto=format&crop=faces&fit=crop&q=60&w=736&ixlib=js-1.1.0

https://i.kym-cdn.com/photos/images/original/001/523/989/f95.jpeg

Off the Court
12-16-2021, 11:59 AM
https://static.attn.com/sites/default/files/meme3.jpg?auto=format&crop=faces&fit=crop&q=60&w=736&ixlib=js-1.1.0

The issue here isn't the girl serving food making $15. Paramedics shouldn't be paid that low. It doesn't matter though both industries are having to raise their wages on simple supply and demand. There aren't people willing to work either of those jobs any more.

Rocket
12-16-2021, 12:08 PM
https://static.attn.com/sites/default/files/meme3.jpg?auto=format&crop=faces&fit=crop&q=60&w=736&ixlib=js-1.1.0

https://i.kym-cdn.com/photos/images/original/001/523/989/f95.jpeg

Bingo!!!!!

Rocket
12-16-2021, 12:11 PM
The issue here isn't the girl serving food making $15. Paramedics shouldn't be paid that low. It doesn't matter though both industries are having to raise their wages on simple supply and demand. There aren't people willing to work either of those jobs any more.
If that is the case the market will take care of itself. There would be no need for a minimum wage. The employers would have to raise wages just to hire someone regardless of what the artificial bottom wage set by uncle sam happens to be. Thank you for making such a compelling argument about the stupidity of having a minimum wage.

Off the Court
12-16-2021, 12:16 PM
If that is the case the market will take care of itself. There would be no need for a minimum wage. The employers would have to raise wages just to hire someone regardless of what the artificial bottom wage set by uncle sam happens to be. Thank you for making such a compelling argument about the stupidity of having a minimum wage.

Rare time I agree wage raises do not need to be forced the market is already doing that right now. And in many cases raising wages isn't even drawing in workers.

hiphopanonymous
12-16-2021, 12:49 PM
The issue here isn't the girl serving food making $15. Paramedics shouldn't be paid that low. It doesn't matter though both industries are having to raise their wages on simple supply and demand. There aren't people willing to work either of those jobs any more.

It doesn't change the value of anyone's time if you compensate everyone with more money.

It just lowers the value of currency.

Off the Court
12-16-2021, 01:03 PM
It doesn't change the value of anyone's time if you compensate everyone with more money.

It just lowers the value of currency.
wat? no on both. The value of someone's time is literally dictated by what someone is willing to pay for that time and the effects on currency at a level that low are abysmal in comparison to the Gov creating more currency.

hiphopanonymous
12-16-2021, 01:09 PM
wat? no on both. The value of someone's time is literally dictated by what someone is willing to pay for that time and the effects on currency at a level that low are abysmal in comparison to the Gov creating more currency.
Someone's value is the quality of work they are contributing for the time taken away from their lives. Currency is arbitrary and could literally be anything. Currency is flexible. Our actual value is NOT flexible. You could be paid 2 million dollars of currency an hour for bussing tables or 20 dollars an hour for it. But your value was always the same regardless. What you were worth was the time you took to bus those tables and how good you were at it.

What it implies is, if you raise the base even into the millions for a table busser a CEO will just end up making hundreds of trillions of dollars in a quarter instead of millions or billions. What did you really accomplish?

Off the Court
12-16-2021, 01:52 PM
Someone's value is the quality of work they are contributing for the time taken away from their lives. Currency is arbitrary and could literally be anything. Currency is flexible. Our actual value is NOT flexible. You could be paid 2 million dollars of currency an hour for bussing tables or 20 dollars an hour for it. But your value was always the same regardless. What you were worth was the time you took to bus those tables and how good you were at it.

What it implies is, if you raise the base even into the millions for a table busser a CEO will just end up making hundreds of trillions of dollars in a quarter instead of millions or billions. What did you really accomplish?
Sorry that isn't how value works, it's completely flexible based on how needed your skills are. Your value is 100% dictated by what others are willing to pay you. If people are willing to pay you $1,000/hr then that is what you're actually worth. If no one is willing to pay you anything then you're worthless. If people are willing to pay $50,000 for a Michael Jordan rookie card then that card's value is literally $50,000.

Charlie Sheen
12-16-2021, 02:04 PM
https://i0.wp.com/www.brookings.edu/wp-content/uploads/2020/11/2021208_BrookingsMetro_TwoEconomies-Chart1Dec9-final.png?w=768&crop=0%2C0px%2C100%2C9999px&ssl=1

It's the blue counties creating this countries wealth


This country is run by rich leftists and you guys know that because you don't ever shut up about it.

And it's only going to get worse as the right is convincing themselves to stay away from college and sectors like oil are replaced by battery and tech.

It's going to get worse because the wealthy blue voters are the ones constructing barriers to affordable housing in California. I don't know if I agree with your second point though. There's no guaranteed value in a college degree. It's a risky proposition because to take on thousands of dollars in debt.

hiphopanonymous
12-16-2021, 03:43 PM
Sorry that isn't how value works, it's completely flexible based on how needed your skills are. Your value is 100% dictated by what others are willing to pay you. If people are willing to pay you $1,000/hr then that is what you're actually worth. If no one is willing to pay you anything then you're worthless. If people are willing to pay $50,000 for a Michael Jordan rookie card then that card's value is literally $50,000.

If nobody is willing to pay minimal effort unskilled labor more than 9 dollars an hour than why on earth would you try to force them to pay people 15 or 18 or whatever else... clearly the work isn't worth it.

hiphopanonymous
12-16-2021, 03:46 PM
https://i.redd.it/dpke6jvp9mx21.jpg

j3lademaster
12-16-2021, 06:13 PM
Someone's value is the quality of work they are contributing for the time taken away from their lives. Currency is arbitrary and could literally be anything. Currency is flexible. Our actual value is NOT flexible. You could be paid 2 million dollars of currency an hour for bussing tables or 20 dollars an hour for it. But your value was always the same regardless. What you were worth was the time you took to bus those tables and how good you were at it.

What it implies is, if you raise the base even into the millions for a table busser a CEO will just end up making hundreds of trillions of dollars in a quarter instead of millions or billions. What did you really accomplish?You're not taking into consideration markup. The markup is already there. If verizon can get away with charging you $1000/mo and paying their workers $3/hr they would. Companies have already marked up their goods and services to the most they think you will pay, step 2 is just seeing how little they can get away with paying people. And the markups are HUGE, it's a lot more than giving their employees an average of $10-20/hr wages across the board.

https://i.redd.it/suoinp9yxv581.png


The average PHD Researcher salary is $49,666 per year, or $23.88 per hour, in the United States. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $37,000 a year, while the top 10% makes $65,000. As most things go, location can be critical.https://www.zippia.com/phd-researcher-jobs/salary/#

I mean, you don't think PHD researchers(the backbone of society) are really only bringing $50k in value to society right? They bring a shitload of value, some rich fat guy at the top just takes it all. This isn't just a problem with minimum wage, it's across the board. In 1943 median price for a house was $3600 and median individual income was $2000. A CEO made like 20x what their average employee did at the time.

Corporate America wants you to have the mentality of 'min wage earners are beneath you' so you get angry when they ask to earn more, and ignore the real problem which is the top hoarding all of it.

As for whose fault is it if someone is making min wage? I don't know. I'm pretty privileged, my parents paid for school and I've always lived in upper middle class neighborhoods. Never drove a car with anything broken in it. I can't begin to understand what these people go through, but I'm pretty damn sure it isn't "well I don't want a better life so I'm just gonna be lazy". At least not for most of them.

j3lademaster
12-16-2021, 06:17 PM
Someone's value is the quality of work they are contributing for the time taken away from their lives. Currency is arbitrary and could literally be anything. Currency is flexible. Our actual value is NOT flexible. You could be paid 2 million dollars of currency an hour for bussing tables or 20 dollars an hour for it. But your value was always the same regardless. What you were worth was the time you took to bus those tables and how good you were at it.

What it implies is, if you raise the base even into the millions for a table busser a CEO will just end up making hundreds of trillions of dollars in a quarter instead of millions or billions. What did you really accomplish?If these people's labor didn't have value, how are they making billions in profit for their companies? The free market has to deem that you have value for you to receive money, right? The people at the top take a disproportionate amount of it.

I have no problem with a CEO making more than a burger flipper. I just want the burger flipper to be able to live off of what he makes.

AKA_AAP
12-16-2021, 07:26 PM
I have no problem with a CEO making more than a burger flipper. I just want the burger flipper to be able to live off of what he makes.

You're all talk and no action, the standard for typical leftist suckers and losers. What's stopping you from buying a McDonald's and paying everyone at least $30 an hour in California? Have you even hired anyone to a full-time job in your life?

Shogon
12-16-2021, 07:36 PM
If these people's labor didn't have value, how are they making billions in profit for their companies? The free market has to deem that you have value for you to receive money, right? The people at the top take a disproportionate amount of it.

I have no problem with a CEO making more than a burger flipper. I just want the burger flipper to be able to live off of what he makes.

The issue isn't CEO pay. You can eliminate CEO pay entirely from every big company ever and redistribute it evenly to the workers and the workers aren't going to feel it if it's a big enough of a company. They won't notice or care about the difference in their paychecks. At all. At all. At all.


If your graphic is correct, then that is a problem with greedy shareholders. It has nothing to do with this stupid ****ing CEO talking point that's been going around for years. In most cases you can eliminate the entire board of directors and redistribute 100% of all of their money and the workers won't feel it. As for the shareholders? Guess what? There is no solution to that.

AKA_AAP
12-16-2021, 07:47 PM
If these people's labor didn't have value, how are they making billions in profit for their companies? The free market has to deem that you have value for you to receive money, right? The people at the top take a disproportionate amount of it.

That's not how you measure the value of someone's labor. :facepalm

j3lademaster
12-16-2021, 07:52 PM
The issue isn't CEO pay. You can eliminate CEO pay entirely from every big company ever and redistribute it evenly to the workers and the workers aren't going to feel it if it's a big enough of a company. They won't notice or care about the difference in their paychecks. At all. At all. At all.


If your graphic is correct, then that is a problem with greedy shareholders. It has nothing to do with this stupid ****ing CEO talking point that's been going around for years. In most cases you can eliminate the entire board of directors and redistribute 100% of all of their money and the workers won't feel it. As for the shareholders? Guess what? There is no solution to that.I used CEO and burger flippers as examples of different ends of the spectrum. CEO's making close to 300x their average employees is becoming a problem with the current ever increasing wagegap, but making this specifically about CEO's is just playing semantics.

j3lademaster
12-16-2021, 07:53 PM
That's not how you measure the value of someone's labor. :facepalmNo, it's not. And that's the problem.

AKA_AAP
12-16-2021, 07:57 PM
No, it's not. And that's the problem.

The problem is your rhetoric.

Shogon
12-16-2021, 09:55 PM
I used CEO and burger flippers as examples of different ends of the spectrum. CEO's making close to 300x their average employees is becoming a problem with the current ever increasing wagegap, but making this specifically about CEO's is just playing semantics.

It's actually not semantics because it straight up doesn't matter one iota.

The wage gap between a CEO and an employee even if it is 300x or even more is literally a psychological issue that does not matter one bit in reality for the employees.

Like I said, you could have CEOs work for free... for literally zero... and the workers aren't going to feel it.

The "issue" as you see it in terms of people being "underpaid" is the shareholders putting pressure on companies to behave in certain ways to drive up the stock price. Well guess what? If they don't do it, the shareholders just withdraw their money.

Your best bet at attempting to start to find a solution would be laws that prohibit CEOs from taking actions solely to drive up the stock price. The actual CEO pay number is irrelevant. It is the fact that they get paid in stocks and are incentivized to drive up the stock price that is really a big issue that leads to them gutting companies that they didn't help build that they have no emotional investment in the long term success of.

Not to mention, if you implement long term strategy at the expense of short term profitability, shareholders can literally sue. LMAO.

Publicly traded companies all trend towards dog shit because human nature is greed. Plain and simple. Period.

FultzNationRISE
12-16-2021, 10:58 PM
Pretty sure j3lademaster is a low-key provocation gimmick.

Off the Court
12-17-2021, 12:16 PM
FedEx reveals a stunning stat that shows the job market is really hot (https://finance.yahoo.com/news/fed-ex-reveals-a-stunning-stat-that-shows-the-job-market-is-really-hot-133543640.html)

FedEx just had the most applicants they have ever had in 1 month (111,000) after raising their min pay to $20/hr.

This is why a min wage debate is null and pointless. Companies are already being forced to raise their wages to attract workers. Amazon starts at $18-$22. Walmart and Target are around $15 and they will probably need to boost that. The only people who are willing to work at real min wage levels are illegals. The average salary for nurses has also seen a huge rise all the way to $81,000/yr. Hospitals have no choice, no one wants to work in an environment that stressful for low pay. It's the only way they can attract workers.

Chick Stern
12-17-2021, 01:47 PM
There is no incentive for corporate America to raise their wages, except when they can’t get anyone.
They will always look to suppress wage growth, no matter how their employees costs have changed.
It is up to unions and the legislature to ensure that wage growth reflects the economic reality of society.