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re: How far do you think we are from a major worker’s revolution in America?
Posted on 4/17/18 at 12:15 pm to LSURussian
Posted on 4/17/18 at 12:15 pm to LSURussian
quote:
Inflation has been almost non-existent in the U.S. for over a decade.
So, in 2008, they are showing an F150 costing $17,900 and a comparably equipped model running around $28,100 in 2016.
Posted on 4/17/18 at 12:28 pm to Jim Rockford
quote:
Machines will design, build, and service other machines. Machines will automate much if not all of law, medicine, architecture, etc.
Everybody in this thread is kind of taking this as an inevitable fact but I disagree with that premise, especially in our lifetimes.
quote:
Machines are on the verge of being able to paint pictures, write novels, write and perform music.
No way these are worth a shite. Art is and will always be a human endeavor, a painting by a robot might as well be a photograph.
quote:
What exactly will humans do in this new environment? Nobody has figured that out. Innovation has always created more, different jobs. That paradigm may not hold in this revolutiion.
I anticipate a renaissance in the craft beer market. Invest accordingly.
Posted on 4/17/18 at 2:13 pm to TDcline
Life sucks what you gonna do. Release hope and take pills like I do.
Posted on 4/17/18 at 2:21 pm to TDcline
quote:
Seeing the teacher strike has me thinking about this. Wages have remained stagnant for the past 25-30 years with only minimal wage increases, while inflation and price of goods & services has skyrocketed. The American quality of life has been going down since the 80s. It’s been an employer’s market for the past 10+ years also with the over abundance of useless college degrees, employers can offer Masters degrees 30k a year. Also, take that family vacation and your job just might be in jeopardy.
I’m not some Bernie voting communist cuck, but I do think it’s unfair to the American middle-class worker to get squeezed on both ends while wages remain stagnant. Probably because Im poor & trashy
Overall compensation has actually grown in line with the rise of productivity. It's just that sky-rocketing healthcare costs for employees is eating into basically all the growth. That and things like 401k matching and lots of other ancillary benefits (daycare, cafeterias, etc.) have grown a lot as well.
I don't think the quality of life has gone down at all. It's just a different mix than it used to be. Thirty years ago, tradeable goods (in general, electronics, furniture, cars, food, and on and on and on) were much more expensive. None-tradeables (healthcare, education, and real estate, to name the three biggies) were much cheaper.
This post was edited on 4/17/18 at 2:31 pm
Posted on 4/17/18 at 2:39 pm to Centinel
well i'm definitely fricked as well
Posted on 4/17/18 at 2:49 pm to CoachChappy
How many kids know what they want to do by freshman year if highschool? How many know by middle school? Starting job training in their junior year is the best because it still provides time to get their act together freshman and sophomore year if they want to go to college but provides sufficient time for proper evaluation of students.
Posted on 4/17/18 at 2:50 pm to TDcline
No where close to a revolution. The president says everyone is doing great and that is enough for the stupid people. They actually believe him, so they will just ignore reality because he says so.
Moron quote from today:
Moron quote from today:
quote:
On this Tax Day, America is strong and roaring back. Paychecks are climbing. Tax rates are going down. Businesses are investing in our great country. And most important, the American people are winning.
Posted on 4/17/18 at 3:59 pm to Tiger n Miami AU83
quote:
No where close to a revolution. The president says everyone is doing great and that is enough for the stupid people. They actually believe him, so they will just ignore reality because he says so.
Moron quote from today:
Posted on 4/17/18 at 4:08 pm to Tiger n Miami AU83
quote:
Tiger n Miami AU83
You need to get help man. You are seriously unhinged.
Posted on 4/17/18 at 4:14 pm to TDcline
Here's my view. The labor force has changed dramatically in less than 50 years. In the 60s and prior most women stayed at home, and the ones that did work held more administrative types of positions that generally paid less.
If you're educated tbis applies; As more women, and society in general, got more education,the supply curve for an educated workforce shifted making the price of that labor lower. It's no coincidence that employers want people to get more education, because they want more for less.
Combine all that with foreigners entering the workforce at every level and the average employee gets paid less.
Tldr; blame women and foreigners, but mostly women
If you're educated tbis applies; As more women, and society in general, got more education,the supply curve for an educated workforce shifted making the price of that labor lower. It's no coincidence that employers want people to get more education, because they want more for less.
Combine all that with foreigners entering the workforce at every level and the average employee gets paid less.
Tldr; blame women and foreigners, but mostly women
Posted on 4/17/18 at 4:26 pm to deanwelles
quote:
Here's my view. The labor force has changed dramatically in less than 50 years. In the 60s and prior most women stayed at home, and the ones that did work held more administrative types of positions that generally paid less.
If you're educated tbis applies; As more women, and society in general, got more education,the supply curve for an educated workforce shifted making the price of that labor lower. It's no coincidence that employers want people to get more education, because they want more for less.
Combine all that with foreigners entering the workforce at every level and the average employee gets paid less.
Tldr; blame women and foreigners, but mostly women
More labor supply means lower labor costs
Lower labor costs means more investment
More investment means more growth
More growth means more demand for jobs
By now this should have leveled off, there are more variables at play here.
Posted on 4/17/18 at 4:48 pm to 225bred
you mean trumps tax cut didn't make all of you a lot more money. told ya
Posted on 4/17/18 at 4:50 pm to 56lsu
quote:
you mean trumps tax cut didn't make all of you a lot more money. told ya
Tax cuts roughly gave me an extra 7 grand last year.
Posted on 4/17/18 at 4:54 pm to 50_Tiger
good for you, but it didn't do that for everyone
Posted on 4/17/18 at 5:27 pm to TDcline
quote:
Wages have remained stagnant for the past 25-30 years with only minimal wage increases, while inflation and price of goods & services has skyrocketed. The American quality of life has been going down since the 80s. It’s been an employer’s market for the past 10+ years also with the over abundance of useless college degrees, employers can offer Masters degrees 30k a year. Also, take that family vacation and your job just might be in jeopardy.
Most of this is bullshite, but to answer your question, we're not far from a revolution because of AI and automation. Millions of jobs are on the cusp of being eliminated.
Posted on 4/17/18 at 5:34 pm to TDcline
It's not just illegals and lazy people.
It's got a lot to do with shareholder equity being more important than the rank and file people that work for the company.
Corporate profits have been awesome for decades, they just gave more of it to management and the shareholders and not the people that actually do most of the work.
Middle class America is the true engine of the economy. shite trickles up, not down. Want to have a roaring economy, give the blue collar middle class worker a bump.
The decline in unions is a big reason too.
It's got a lot to do with shareholder equity being more important than the rank and file people that work for the company.
Corporate profits have been awesome for decades, they just gave more of it to management and the shareholders and not the people that actually do most of the work.
Middle class America is the true engine of the economy. shite trickles up, not down. Want to have a roaring economy, give the blue collar middle class worker a bump.
The decline in unions is a big reason too.
This post was edited on 4/17/18 at 5:38 pm
Posted on 4/17/18 at 5:38 pm to TDcline
My wages haven’t been stagnant.
Maybe it’s a you problem.
Maybe it’s a you problem.
Posted on 4/17/18 at 5:48 pm to LSURussian
(no message)
This post was edited on 6/6/20 at 12:30 pm
Posted on 4/17/18 at 6:14 pm to TDcline
Universal Income!!!!!!!
Other people's money!!!!!!!
Other people's money!!!!!!!
Posted on 4/17/18 at 6:18 pm to 56lsu
quote:
good for you, but it didn't do that for everyone
Who didn't it do that for?
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