i was led to believe that 15$ min wage was going to fix everything? In the end, inflation makes the wage gap bigger. Congratulations
So, keep everyone even poorer, and have the prices still continue to increase, and the giant corporations still make record profits. Great .
you mean nothing left for $5 coffees, cell phones, eating out everyday, $200 shoes, money for booze and drugs?
no...just essentials...it's tough for young couples I know personally in Eugene who have new babies and don't high paying jobs...my son's friends...they are not abusers but there's not much left over with both of them working...there are surely many examples of people wasting money on booze, drugs and entertainment or gambling, etc....I don't have those folks around my life though.
People in their 20s should work 60 hour weeks. Builds character and lays a foundation for the future. Work hard, play hard yo.
Same. I'm so fucking lazy now, but I'm glad I put the nose to the grind back then. Working that much gives you more confidence due to stress, pressure, work experience, etc too. Like I said, it builds a foundation that you put in the work
I worked my ass off from the time I was a teen until just a few years ago but it was worth it when I look outside and now can do whatever I want all day long..
We are sooo fucking privileged. People once had to work from wake to sleep to fend for themselves daily to live in a cave or hut. Now we expect to work 40 hours a week max and that should just pay for everything including nice houses and cars…education, health care, etc. Genuine hard work ethics are gone due to the spoiling of this nation. War is coming. See how many hours you have to work to survive during war times….. Work hard is right. If your not willing to work hard, then dont bitch about not having nice things or getting to play hard.
Wrong. i just explained how we are getting a 40% increase in costs of services. Here is the Oregon minimum wage breakdown: What is Oregon's minimum wage 2020? "); display: inline-block; height: 24px; width: 24px; transform: rotateZ(-180deg);"> $12.00 Minimum wage increase schedule Date Standard Nonurban Counties July 1, 2017 $10.25 $10.00 July 1, 2018 $10.75 $10.50 July 1, 2019 $11.25 $11.00 July 1, 2020 $12.00 $11.50 If you go back to $10 per hour aNd then raise it to $15(were not there yet) Thats still only a 33% increase. so the increase in wages is not covering the inflation of costs and goods of services. One only needs to look around to see this is exactly what happening.
Inflation is not 40%. Consumer price index had it at 6.9%. Which is high, for sure. But high prices are due to the labor shortage caused by the pandemic. This is not a mystery, otherwise prices would not be rising in states which have not raised minimum wage. But they are absolutely doing exactly that. This was always going to happen when boomers started retiring. https://www.nytimes.com/live/2021/12/10/business/inflation-cpi-stock-market-news
but that isn't what i said. What i said was is raising minimum wage wont solve it. I pointed out an example of a company. It is happening. Shall i scan the letter to show you it specifically says increased costs of services due to the increased salaries they are paying? Whether its a forced in reason or required to get quality employers, the costs are being trickled down. Which in turn increases the consumers costs. you can go with what you want and agree to disagree. im going to go with what i actually see going on in the economy and industry im working in. The fact is companies pass on the increased costs to the consumer. Whether it be pandemic costs, increased goods due to demand, or increased wages doled out. It all goes downhill.
Yes. Companies do pass increased costs to consumers. But increased wages don't cause inflation to increased as much as the increased cost on wages. Consumer prices are high right now because of the labor shortage. Not because of increased minimum wage. Otherwise it would have started in Seattle and NY before the pandemic. And that didn't happen. Inflation is lower than increased wages even with the pandemic induced labor shortage. You are one again using anecdotal evidence in an effort to support what you want rather than looking at all of the data and drawing conclusions from what that data shows. Wages increasing $5 per hour does not cause inflation to rise $7, as you suggested.
