personally time and money is much more valuable to me than being a do gooder to society.
everyone else can keep polishing brass on titanic being virtue signaling environmental karens, it don't matter to me
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Why's Everything So Expensive?
- Thread starter Ranga
- Start date
everyone else can keep polishing brass on titanic being virtue signaling environmental karens, it don't matter to me
That's not an anecdote.
Models are not perfect. But there's decades and decades of data and research backing what I'm telling you, and it's one thing most economists pretty much agree on.
Here's probably the most recent, from just a few days ago.
Research: When a Higher Minimum Wage Leads to Lower Compensation
While proponents of increasing the minimum wage have grown increasingly vocal in the U.S., new research suggests that raising the minimum wage can actually have a significant negative impact on the total compensation of hourly workers. Researchers analyzed a detailed dataset of wage and...
hbr.org
Have you ever owned a small business or taken any college courses in economics?
I think this is debatable. Might be better to have a single UPS truck on a given route delivering packages to all of the homes along the way as opposed to everyone in all those houses driving to the mall. However you certainly have to factor in the additional packaging, and there are definitely more dumb impulse purchases when it’s “that easy”
I love them. The money I save not buying a $70 dollar laptop charger from Worst Buy because my dog chewed it up the one it came with allows me to spend more at local businesses that actually produce something unique and valuable. Most of my purchases these days are replacing basic things that are not luxuries long after their expiration date.
Plus last time I checked there were no artisan USB cables, but I’m sure if Greg Griffin made one it would be the fastest charger ever. Especially if it was red.
I think this is a worthwhile goal, but sometimes I want something very specific that I know works the best for me, so I’m going to buy that from the place that requires the lowest cost (ie time, effort and price combo) on my part.
Of course it’s doable, but why not get more for your money, especially if what’s available and affordable locally is still mass produced crap
Breakfast and 2 beers costs around $5usd.
10,000 liters of potable water costs around $40usd delivered.
I don’t know what anything else costs. My wife does all that. No reason for both of us to be wringing our hands over it.
10,000 liters of potable water costs around $40usd delivered.
I don’t know what anything else costs. My wife does all that. No reason for both of us to be wringing our hands over it.
Your post was literally a made-up example about some small business owner and their soccer-playing kids. anecdote
Had to take a few to get my BS in Economics yeah.
The article you linked was good, so good in fact that it actually recommended implementing "fair workweek laws" that a number of states already have to address the stated issue.
Purely anecdotal, but of the people I know who work retail/restaurants/coffee: 20% of them learned to make money online during pandemic (onlyfans, ebay, dropshipping), 30% of them went back to school (online), 30% of them started working essential businesses (post office, construction, library, real estate) and only 20% of them went back to retail/restaurant work when it opened back up.
Maybe there's nobody to work cause less people want to go back to those jobs after finding other ways to make money.
Maybe there's nobody to work cause less people want to go back to those jobs after finding other ways to make money.
Workers via automation. The scale of what’s happening today is going to guarantee >10% unemployment going forward.
White collar and tech jobs created.....transitional and service employee jobs automated. sigh.
McDonald's drive through worker was never intended to be a middle class career. It was employment for high school and college kids where they could learn things like showing up on time, work ethic, how to pay taxes and balance a checkbook. With the drive to make these jobs careers...you will destroy them and make them automated. Every grocery store in America today employs less workers than they did a decade ago.
And yet, pre-covid, we had the lowest levels of unemployment in history.
When the automobile came along the business of horse transportation and all it’s related industries (saddle makers, black smiths, sh!t cleaners, feed lots….) all disappeared virtually over night.
as long as people need money there will be jobs.
And as long as Americans don’t want to do the shitwork jobs there will be illegal immigration and more people living the homeless lifestyle.
I’ve asked this before, those of you that have high school age kids, are they employed?
My son is 16 and he just interviewed for a job at a movie theater. Likely he gets it.
My 12 year old is wishing she could get a summer job. Bonuses being offered before day one around here. School district is offering 5K to teach 3 weeks at the end of summer.
Oh, you mean learn to code? How many coal workers wound up with high paying tech jobs recently? There has to be a number somewhere.
We measure unemployment differently today. We exclude people who have given up from the numbers……but before you finish your victory lap, many of those jobs aren’t coming back either. Slow Joe has already shipped them back overseas or killed them through executive order. The infrastructure bill will help but like every federal funded project, not as much as it could due to the incredible skim before the money gets to work.
During the automotive revolution America was growing and we were at the leading edge on innovation in everything. This innovation period was leading job creation and not developed specifically to kill it.
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There aren't going to be any good paying jobs. We were whipped off the farms into the cities to work in manufacturing. Aside from Henry Ford, most industrialists wanted to pay nothing for mfg labor. Then the manufacturing and now R&D were sent overseas and we're "post-industrial." Of those jobs that remain, you're in competition with a lot of foreign labor for tech jobs on the high-end and carpentry and other trades on the low-end. Bureau of Labor and Statistics data show that wages haven't risen for the bottom 3/5ths of the labor pool since the 90s. Welfare seems to pay better.
The job of the future is probably the one you create for yourself if you're allowed.
*sigh* Mods, this has turned political. I'm in an empty parking lot crying while listening to my '90s doomer emo playlist as I write this.
Ponto. Amirite?
If it would make you feel better go home and strangle a couple of rabbits. Then check Grandview.
The coding comparison is valid.
Both my kids work in food service. High school/college jobs. My son drove Doordash in Honolulu his first semester of college. They don't love it, but it's good for them.
There will always be jobs, the kinds of technology we invent and adopt will have a huge effect on what kind, and whether or not one can survive off them
The problem of the future (one of them) will be deciding how to organize a society where there is actually quite a bit less work to do
There will always be jobs, the kinds of technology we invent and adopt will have a huge effect on what kind, and whether or not one can survive off them
The problem of the future (one of them) will be deciding how to organize a society where there is actually quite a bit less work to do
All my high school jobs involved weed and alcohol.
I remember being a boy box totally stoned.
I used to have to hustle too.
I remember getting totally drunk at my restaurant jobs after work.
I remember being a boy box totally stoned.
I used to have to hustle too.
I remember getting totally drunk at my restaurant jobs after work.
This relates to an idea I have that we move further rural from the cities. It's not a cycle of city to suburb and back, it's city to suburb and more rural. Tech put everything at our finger tips, no need to live in the city unless you really want to.
We've disrupted anthropology.