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Message

re: Millennials earn 20% less than baby boomers did—despite being better educated

Posted on 11/7/19 at 12:18 pm to
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 11/7/19 at 12:18 pm to
quote:

globalization. please think dude


Your turn to think. Globalization, at the expense of who? Someone always pays.
Posted by Centinel
Idaho
Member since Sep 2016
46693 posts
Posted on 11/7/19 at 12:18 pm to
quote:

You have no background in labor history.


And you do?
Posted by Centinel
Idaho
Member since Sep 2016
46693 posts
Posted on 11/7/19 at 12:19 pm to
quote:

If the real income is going into the quarterly earnings and not the worker's paychecks, as the numbers seem to indicate, then how is it helping?


It's helping pensions, 401ks, 403bs, and a myriad of other investment strategies.

Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 11/7/19 at 12:22 pm to
quote:

It's helping pensions, 401ks, 403bs, and a myriad of other investment strategies.


So when you're struggling paycheck to paycheck and can't contribute to a 401k, how does that help?
Posted by jclem11
Chief Nihilist
Member since Nov 2011
10028 posts
Posted on 11/7/19 at 12:23 pm to
quote:

It's helping pensions, 401ks, 403bs, and a myriad of other investment strategies.


frick the workers, I got mine. Am i rite?
Posted by Centinel
Idaho
Member since Sep 2016
46693 posts
Posted on 11/7/19 at 12:25 pm to
quote:

So when you're struggling paycheck to paycheck and can't contribute to a 401k, how does that help?


I don't know. The first question I'd be asking is why are you struggling paycheck to paycheck?

You do realize life isn't fair, right? That there will always be people that struggle?

Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
74709 posts
Posted on 11/7/19 at 12:25 pm to
Globalization, economically speaking, is a good thing

Please read up on comparative advantage and Adam smith

Mexican, Chinese, and many African nation’s middle classes are booming and it should make you happy. Because it is a victory for humanity.

The entire third and second world is massively getting more prosperous.
Posted by Centinel
Idaho
Member since Sep 2016
46693 posts
Posted on 11/7/19 at 12:25 pm to
quote:

frick the workers, I got mine. Am i rite?


Workers don't fall under pension plans or 401ks?
Posted by FightnBobLafollette
Member since Oct 2017
12204 posts
Posted on 11/7/19 at 12:27 pm to
quote:

And you do?


Yes.

Hmm. Wonder who has one of the strongest history departments in the country. And iirc, the first to have labor history.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
10028 posts
Posted on 11/7/19 at 12:28 pm to
quote:

Workers don't fall under pension plans or 401ks?


They do but if there pay isn't enough to cover their current living expenses and contribute to the 401k, the mere existence of the 401k is irrelevant to them.
Posted by Centinel
Idaho
Member since Sep 2016
46693 posts
Posted on 11/7/19 at 12:28 pm to
quote:

Yes.

Hmm. Wonder who has one of the strongest history departments in the country. And iirc, the first to have labor history.




I don't know bob, why don't you tell us about why you're better qualified to discuss labor history than wutang?
Posted by FightnBobLafollette
Member since Oct 2017
12204 posts
Posted on 11/7/19 at 12:30 pm to
quote:

Globalization, economically speaking, is a good thing


Sweet deflection.

Posted by Klark Kent
Houston via BR
Member since Jan 2008
75945 posts
Posted on 11/7/19 at 12:30 pm to
then their priorities are fricked up.
Posted by Centinel
Idaho
Member since Sep 2016
46693 posts
Posted on 11/7/19 at 12:31 pm to
quote:

They do but if there pay isn't enough to cover their current living expenses and contribute to the 401k, the mere existence of the 401k is irrelevant to them.


Life isn't fair. There will always be those that struggle. The fact remains the majority overwhelmingly benefit from a well-performing pension plan and/or investment portfolio.

Posted by FightnBobLafollette
Member since Oct 2017
12204 posts
Posted on 11/7/19 at 12:34 pm to
quote:

don't know bob,


I know.
quote:

bob, why don't you tell us about why you're better qualified to discuss labor history than wutang?


Why don’t you tell me why he is qualified to make statements about labor history?

Or better yet, why don’t you defend his statement?
Posted by coachcrisp
pensacola, fl
Member since Jun 2012
31137 posts
Posted on 11/7/19 at 12:34 pm to
Because too many of them are worthless pieces of shite.
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 11/7/19 at 12:35 pm to
quote:

I don't know.


Finally, we agree on something. And as far as your first question, have you read the topic of the thread yet? Might be a good starting point for your answer.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11984 posts
Posted on 11/7/19 at 12:36 pm to
quote:

Stay in your lane.





Okay tough guy. I forgot how unpopular subsidised healthcare is. I wonder why nobody is running for president on a platform of ending entitlements? I wonder why we have presidents wanting to increase the benefits on taxpayer dime.

They didn't want the unintended consequences.
Posted by Centinel
Idaho
Member since Sep 2016
46693 posts
Posted on 11/7/19 at 12:36 pm to
quote:

I know.


No you don't.

quote:

Why don’t you tell me why he is qualified to make statements about labor history?



You're the one that said he's not qualified to do so. Why don't you tell us exactly why bob?

You do understand that since you made the accusation, it's up to you defend the accusation, right?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 11/7/19 at 12:37 pm to
quote:

frick the workers, I got mine. Am i rite?


Millennial victimhood

If you're not happy with your current status, reinvent yourself. It's what resourceful people do.

I have no sympathy for perpetual victims.
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