The point is that employers are now in a position where they are competing with the federal government for "wages". Surely you don't think that's a good thing.Pay better and/or provide better benefits. This isnt rocket science. It isnt society's responsibility to make sure employers can find employees, at some point employers need to make their open positions appealing to people.
The point is that employers are now in a position where they are competing with the federal government for "wages". Surely you don't think that's a good thing.
Heaven forbid you don't have to compete with the government handing out free money to be unproductive. And more than $15 hour rate.
Child care facilities have been open. That is a lie. Might need more excuses for the lazy and unproductive.
Not anywhere in Florida. By the way...where do you think hospital employees do with their kids? They were at child care from the beginning of covid. Excuses
No reason people can't get a job at this point. Schools are open. Stores are open. Theme parks are open. Vaccine is available. People can work.
This is a decades long argument and it's circular. Pay employees more, and prices go up so buying power goes down. We've moved past that though now that there is a competitor in the labor market willing to pay you for doing nothing.They wouldnt be competing if they paid decent wages. But let me also say, this idea that people arent taking jobs because they are lazy is just off base. THere are a lot of factors that come into play. Some people with health issues, still dont want to put themselves in a position to get sick, though that should be getting better. A lot of childcare facilities are still closed, so it isnt easy for everyone just to take a low paying job, and then have no where for their kids to go, etc etc. But none of that changes the fact that better wages and/or benefits, would have more people taking some of these jobs.
This is a decades long argument and it's circular. Pay employees more, and prices go up so buying power goes down. We've moved past that though now that there is a competitor in the labor market willing to pay you for doing nothing.
When was that time where you could live off minimum wage?This is completely false. There used to be a time in this country where you could live off min wage. Obviously you werent having a huge house and fancy cars, but you could pay the bills. But you are also missing the fact that prices have still gone up, while min wage has not kept up with inflation.
Yes, the government is paying you to do nothing during a pandemic, and a lot of employers want to pay you in bread crumbs to do something.
I looked it up. For a few years in the late 60’s, a family of 2 was above the poverty line on minimum wage. That’s it.When was that time where you could live off minimum wage?
exactly when was that, when I started working minimum wage was 1.25 per hour. You were not living off of that. Miminum wage was never expected to be a living wage, If you had any work ethic at all you were not on minimum wage more than a couple of months. Even when I was working as a dishwasher at 16 years old I was making over the minimum. On top of that I always did side jobs that kids do, and always made well above minimum wage.This is completely false. There used to be a time in this country where you could live off min wage. Obviously you werent having a huge house and fancy cars, but you could pay the bills. But you are also missing the fact that prices have still gone up, while min wage has not kept up with inflation.
Yes, the government is paying you to do nothing during a pandemic, and a lot of employers want to pay you in bread crumbs to do something.
As we saw from 2017-2019, that wasn't an issue. Now we have an excess of workers and an excess of job openings because the business owners are competing with the government. Some people won't work until they are hungry, and it's not a right to have a full belly.These idiots love the "fee market" until it bites them in the ass.
You want employees?
Pay them.
So, this time around the "free market" is giving money to the workers??As we saw from 2017-2019, that wasn't an issue. Now we have an excess of workers and an excess of job openings because the business owners are competing with the government. Some people won't work until they are hungry, and it's not a right to have a full belly.
That made no sense. It's undeniable that we saw inflationary pressure in the labor market for 3 years, and that wages were increasing relative to COLI. Of course it wasn't equal growth because the system favors the wealthy, but that is a separate issue.So, this time around the "free market" is giving money to the workers??
LOL.
20 bucks an hour flipping burgers can't compete with 15 bucks an hour to do nothing.You can't compete with government paying over $15 an hour to eat potato chips and play video games all day vs doing real work.
And then where do we end up when the government money runs out?20 bucks an hour flipping burgers can't compete with 15 bucks an hour to do nothing.
The only alternative solution is to bring in immigrants that are happy to work for less than minimum wage, which is the approach we took for 35 years.
It'll never run out. It just won't be worth anything anymore and productive people will revert to a basic form of mercantilsm. The ultra wealthy and those that have no skills or work ethic are basically screwed.And then where do we end up when the government money runs out?
The point was that we haven't had a free market for a long, long, number of years. Usually, the money pumped in doesn't benefit the working class. This time, it just happens that the working class is getting a tiny boost, and some people don't like it.That made no sense. It's undeniable that we saw inflationary pressure in the labor market for 3 years, and that wages were increasing relative to COLI. Of course it wasn't equal growth because the system favors the wealthy, but that is a separate issue.
Are you really THAT oblivious to the money that has been pumped into the pockets of "the productive" for the last 50 years at our expense?You can't compete with government paying over $15 an hour to eat potato chips and play video games all day vs doing real work.
That's great in theory, but it'll choke off small businesses. We have to break loose a big chunk of that money that has gone to the ultrawealthy before we can take about artificially inflating wages.The point was that we haven't had a free market for a long, long, number of years. Usually, the money pumped in doesn't benefit the working class. This time, it just happens that the working class is getting a tiny boost, and some people don't like it.
laissez faire policies created it. They made the bed. Now, lie in it and pay a minimum wage that keeps up with the inflation they've created by dumping money into rich peoples' pockets for 50 years.
I don't disagree.That's great in theory, but it'll choke off small businesses. We have to break loose a big chunk of that money that has gone to the ultrawealthy before we can take about artificially inflating wages.
Lol, it's happening now. I just got a call from a customer I was supposed to build a house for starting next month. Just the material package (lumber, windows, house wrap) has gone up 37,000 dollars since February 1st, and by the time the lumber yard had revised the price it had already gone up. A roll of wire that cost me 49 bucks last fall now costs almost 200. It's here, and the bubble is about to pop. People have no idea how bad this is going to be. DJI at 4-5k wouldn't surprise me, followed by 10 dollar milk and bread.I don't disagree.
And, once the money actually does trickle down, the REAL inflation will happen.
Hope and inspirationFor some staying home and playing Xbox is more lucrative than going into work. What is the strategy getting them off the sofa? Are we going to do this extra unemployment benefits for another year? Companies are struggling to fund employees.
Lol, it's happening now. I just got a call from a customer I was supposed to build a house for starting next month. Just the material package (lumber, windows, house wrap) has gone up 37,000 dollars since February 1st, and by the time the lumber yard had revised the price it had already gone up. A roll of wire that cost me 49 bucks last fall now costs almost 200. It's here, and the bubble is about to pop. People have no idea how bad this is going to be. DJI at 4-5k wouldn't surprise me, followed by 10 dollar milk and bread.
You of course mean the CEO’s receiving 30 million in salary for their companies losing money. I agree.For some staying home and playing Xbox is more lucrative than going into work. What is the strategy getting them off the sofa? Are we going to do this extra unemployment benefits for another year? Companies are struggling to fund employees.
Oh lord.
Just think about this for a second. The price of lumber and plywood is up about 700% in the last year. Can you really say that due to covid, lumber mills slowed down production while at the same time contractors were not affected at all in demand for their services? How can the construction industry not be affected across the board? I mean, by definition if people are willing to pay 700% more for a product doesn't that sound like inflation?Oh lord what? It's been all over the news.
New homes cost $36,000 more because of an epic shortage of lumber
As the pandemic crushed the US economy last spring, sawmills shut down lumber production to brace for a housing slump. The slump never arrived and now there isn't enough lumber to feed the red-hot housing market.www.cnn.comLumber Shortage 2021: 7 Reasons Wood Prices Are Soaring
The incredible move in wood prices of late has led many to question what's behind the lumber shortage driving this sector wild.investorplace.comLumber prices up a staggering 280% as builders scramble for supply
Despite all-time high lumber prices, neither home construction nor home renovations have showed signs of slowing.fortune.com
Just think about this for a second. The price of lumber and plywood is up about 700% in the last year. Can you really say that due to covid, lumber mills slowed down production while at the same time contractors were not affected at all in demand for their services? How can the construction industry not be affected across the board? I mean, by definition if people are willing to pay 700% more for a product doesn't that sound like inflation?
this is like saying that a restaraunt can't find cooks due to covid but the waiters and customers aren't affected.Yes you can say that. Lumber mills expected a decrease in demand, which didnt happen, and they got caught with low inventory. Inflation is a currency issue, this is a supply/demand issue. Again, this has been on the news, but you are suggesting there has been a 700% increase due to inflation, and not the shortage that has been all over the news?
this is like saying that a restaraunt can't find cooks due to covid but the waiters and customers aren't affected.
Maybe explain why you think there is a shortage of supply and an increase in demand so I know where you're coming from.
They slowed down production last April. Are you telling me that over the course of the last 13 months they failed to up production in the face of steady demand?It isnt where I am coming from, this is in the news. Lumber mills expected a decrease in demand due to covid, but what happened is that a lot of people decided to complete projects they were planning, home improvements, building a fence, things of that nature. This was likely due to a lot of things being closed and people not having as many options for things to do on weekends and what not. So you combine an increase in those types of projects, new houses still being built, and decreased inventory, then you create a supply/demand issue.
They slowed down production last April. Are you telling me that over the course of the last 13 months they failed to up production in the face of steady demand?
Well you might want to question the validity of the news reports that you are paying attention to. Has there all of a sudden been a shortage of corn since post harvest last fall? The price has gone from 3.50 to over 8 bucks since then. Same supply, correct?I am telling you that the news has been talking about a lumber shortage for months now, one of the articles I linked was dated 5/6. So if you dont believe there is a shortage and the news is making it up and this is simply due to crazy inflation, then you are obviously entitled to your opinion, but there is a lot more evidence that it is due to a shortage then your inflation theory.