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Yes Aklim, you are absolutely correct. The new $15.00 wage is still the old 10 bucks.
Assuming you aren't being sarcastic, what, may I ask is the gain? I fight and fight with you and the gain isn't lasting. OTOH, If I take a job as a something else that makes $15 tomorrow or in a few years, even more with a career instead of asking you if you would like fries with that, it might be better.
Assuming you aren't being sarcastic, what, may I ask is the gain? I fight and fight with you and the gain isn't lasting. OTOH, If I take a job as a something else that makes $15 tomorrow or in a few years, even more with a career instead of asking you if you would like fries with that, it might be better.
I’m not completely sure how you deciding whether you should continue your career in fast food is relevant to what the biggest drivers of outsourcing are.
It was a simple point that litigation and regulation are bigger drivers of outsourcing than wages
I’m not completely sure how you deciding whether you should continue your career in fast food is relevant to what the biggest drivers of outsourcing are.
It was a simple point that litigation and regulation are bigger drivers of outsourcing than wages
Originally Posted by thestoicmarcusaurelius
I think higher labor wages could be supported but not all the regulatory and legal costs
Litigation is the fault of the 12 people that make up the jury. Ever ask why your manual for a car tells you not to do certain things? CYA.
Litigation is the fault of the 12 people that make up the jury. Ever ask why your manual for a car tells you not to do certain things? CYA.
Just preparing a very simple case for trial is going to cost $100k plus.
It’s going to be in the millions for a complex case with lots of expert testimony.
Just going to trial is a loss in today’s environment regardless of what the jury decides.
We live in a very anti-business / anti- industry society and that’s most definitely reflected in the legal system.
People have a lot of cognitive dissonance with supporting all sorts of
strange ideological positions when it comes to business then constantly whine and complain about their careers. It’s a familiar tune for some in this forum
Just preparing a very simple case for trial is going to cost $100k plus.
It’s going to be in the millions for a complex case with lots of expert testimony.
Just going to trial is a loss in today’s environment regardless of what the jury decides.
We live in a very anti-business / anti- industry society and that’s most definitely reflected in the legal system.
People have a lot of cognitive dissonance with supporting all sorts of
strange ideological positions when it comes to business then constantly whine and complain about their careers. It’s a familiar tune for some in this forum
You missed anti public education, anti government, anti other faiths, anti women's rights, anti immigration,anti free thinking,anti .... You get my point. It's easier to say, humanity is toast and we just pushed the lever down.
Assuming you aren't being sarcastic, what, may I ask is the gain? I fight and fight with you and the gain isn't lasting. OTOH, If I take a job as a something else that makes $15 tomorrow or in a few years, even more with a career instead of asking you if you would like fries with that, it might be better.
No, absolutely not being sarcastic.
There is never a gain in basic/minimum wage hikes, or an equalization of lifting minimum wages to a medium wage. The rest of the business world hikes their prices accordingly to reclaim what was lost, so there is always a zero sum gain for everyone, except government tax increases, insurance costs and interest rates.
Although business is not for everyone, it’s the only path that offers unlimited income, freedom and control.
With a job, you are always conceding control of everything from income potential, freedom to live your life, and future success to someone else’s whims..
My advice is always follow your passion in life and roll the dice. Work a job in your passion field that will help you gain experience. Passion makes a person focus, and will be one thing you will be absolutely great at, no matter how crazy it may seem.
Choosing a career or business coming into focus? It’s tough when you are young.
In retrospect of my life, when I was 20, the world was totally out of focus and taking lumps. .
30? Very hazy, but fog lifting..
40? Fog is lifting fast and clearing up with a clear path.
50? Crystal clear.
60? Wish I was 20 LOL
Wage hikes allow you to buy more stuff. Its not zero sum as long as production is increased with the wage hike which in private industry would be a given.
You are describing inflation. Inflation is from an undue influx of money or supply constrains. Think social government spending, government over investment in private industries, artificially low interest rates, government over regulating, natural disaster or pandemic (transient in nature), etc….
Wage hikes allow you to buy more stuff. Its not zero sum as long as production is increased with the wage hike which in private industry would be a given.
You are describing inflation. Inflation is from an undue influx of money or supply constrains. Think social government spending, government over investment in private industries, artificially low interest rates, government over regulating, natural disaster or pandemic (transient in nature), etc….
Production increase? Have you witnessed the 21 century work ethic, along with a major issue of actually filling jobs?
The entire nation has “now hiring” signs posted.
Our concern, especially with plant production like Ford will be finding the next Gen workforce with that’s about value and production, along with the commitment to work ethic and quality as their forefathers and mothers.
Lots of stuff coming together at once triggers inflation, as we are seeing.
IMO Inflation starts with wage increases across the board, like 15 dollars an hour at McDonald’s... which I may add that a restaurant once a first job for teens has now been eliminated in favor of tech. Minimum wage is a raise of ALL wages..
Add in free stimulus..
Wages raises insurances, payroll taxes, 401K contributions etc.
More stuff? Buy a Big Mac and fries and then tell me how much more stuff you got from your 12 bucks, that used to be 7 a couple years ago.
It’s tough when you are young.
In retrospect of my life, when I was 20, the world was totally out of focus and taking lumps. .
30? Very hazy, but fog lifting..
40? Fog is lifting fast and clearing up with a clear path.
50? Crystal clear.
60? Wish I was 20 LOL
You left out the age of 15, that’s when I knew everything.
The only control you have on getting a truck is submitting the order. So you might as well forget about it after you’ve done that. Hopefully it will show up someday.
Wage hikes allow you to buy more stuff. Its not zero sum as long as production is increased with the wage hike which in private industry would be a given.
You are describing inflation. Inflation is from an undue influx of money or supply constrains. Think social government spending, government over investment in private industries, artificially low interest rates, government over regulating, natural disaster or pandemic (transient in nature), etc….
AS LONG AS
I can go out tonight and buy a Corvette. I can't buy someone a good attitude. Money can't make someone a better employee.. You can't pay me more for the SAME job and expect that my attitude improves.
Production increase? Have you witnessed the 21 century work ethic, along with a major issue of actually filling jobs?
The entire nation has “now hiring” signs posted.
Our concern, especially with plant production like Ford will be finding the next Gen workforce with that’s about value and production, along with the commitment to work ethic and quality as their forefathers and mothers.
Lots of stuff coming together at once triggers inflation, as we are seeing.
IMO Inflation starts with wage increases across the board, like 15 dollars an hour at McDonald’s... which I may add that a restaurant once a first job for teens has now been eliminated in favor of tech. Minimum wage is a raise of ALL wages..
Add in free stimulus..
Wages raises insurances, payroll taxes, 401K contributions etc.
More stuff? Buy a Big Mac and fries and then tell me how much more stuff you got from your 12 bucks, that used to be 7 a couple years ago.
21st century work ethic? What sort of nonsense are you talking about? Years ago, ABBA had the song "Gimme, gimme, gimme". Good work ethic? Might be more Bigfoot sightings.
I am still waiting to get a VIN. The longer I wait, the less I want it. In the mean time. Thats the issue I have. While waiting, in the mean time I have to do repairs on the truck in order to use it, which is one of the reasons I want to replace it. If I do the repairs on it, I won't get that time or money back. If thats the case, why sell it, right?
I'm not looking forward to removing the bed, getting it off wont be a problem, I have pallet forks for my tractor, easy peasy, its flipping the damn thing over where i will have a problem. I can't repair the bed with it sitting up right. I have to rip the front spindles off, replace all the seals and the auto 4WD hubs. If I am doing that might as well replace the ball joints whether they are needed or not since I got it that far apart. Then the new truck arrives 4 months later, did I do all this work for the next owner, or say screw it and keep my current trucks? Nothing wrong with my F150, I just can't afford it and a new Superduty.
I give it one more month, if nothing by June, I have no choice since I need the truck road ready by mid July for a trip with the 5th wheel.
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