The phrase "livable wage"

588 Views | 18 Replies | Last: 4 days ago by tequila4kapp
going4roses
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https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…
How (are) you gonna win when you ain’t right within…
Chapman_is_Gone
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I'm not a menstruating tween girl, so I don't use Instagram. Could you summarize the article for us?
Cal88
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^What you're trying to say here is that you're post menopausal?
going4roses
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Cal88
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going4roses said:

https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…


OK so the guy talks about how important it is to have a living wage, and that this term was loaded. His presentation is that "capital" or "the system" is withholding that from the working class, and especially Blacks and minorities.

My main criticism is that he doesn't present any analysis of the current state, causes or solutions. For example, why is it that in the 1960s/70s, you could raise a family on a single income, while today a double income is barely enough to enable that?

In the sitcom Married With Children set in 1980s Chicago, Al Bundy could raise his family on his income as a shoe salesman. I looked up the numbers, and that situation was actually realistic, the median home price in Chicago in 1987 when that series was made was actually $91,000. The tuition at Michigan State, a typical local land grant school, was $2,900/yr. A Big Mac cost $1.60. Bundy's salary was relatively low too, around $14k, but that salary hasn't risen proportionally as much compared to the aforementioned costs, acg salary of shoe salesman at Footlocker is $34k, Median home price in Chicago today is $400k vs $91k in 1987, tuition at Michigan St. is 16K in state and $43k out of state. Healthcare costs also are many multiples higher, far outstripping inflation.

Women entering the labor force en masse starting from the 1980s, mass immigration depressing wages in industries like construction, monetary policy spurring inflation, military spending - those are some of the issues worth exploring wrt the decrease in purchasing power.
oski003
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Cal88 said:

going4roses said:

https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…


OK so the guy talks about how important it is to have a living wage, and that this term was loaded. His presentation is that "capital" or "the system" is withholding that from the working class, and especially Blacks and minorities.

My main criticism is that he doesn't present any analysis of the current state, causes or solutions. For example, why is it that in the 1960s/70s, you could raise a family on a single income, while today a double income is barely enough to enable that?

In the sitcom Married With Children set in 1980s Chicago, Al Bundy could raise his family on his income as a shoe salesman. I looked up the numbers, and that situation was actually realistic, the median home price in Chicago in 1987 when that series was made was actually $91,000. The tuition at Michigan State, a typical local land grant school, was $2,900/yr. A Big Mac cost $1.60. Bundy's salary was relatively low too, around $14k, but that salary hasn't risen proportionally as much compared to the aforementioned costs, acg salary of shoe salesman at Footlocker is $34k, Median home price in Chicago today is $400k vs $91k in 1987, tuition at Michigan St. is 16K in state and $43k out of state. Healthcare costs also are many multiples higher, far outstripping inflation.

Women entering the labor force en masse starting from the 1980s, mass immigration depressing wages in industries like construction, monetary policy spurring inflation, military spending - those are some of the issues worth exploring wrt the decrease in purchasing power.


A shoe salesman doesn't make less than the Chicago minimum wage. Sorry.
tequila4kapp
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Good post cal88

It is certainly different than it used to be, that's for sure.

I hate the phrase because of how it is used as a new substitute for minimum wage. Those are different concepts.

I read a short while ago that we may be headed toward a societal change where kids live with parents longer, like happens in Italy, and that parents may return to live with them in their old age because of the factors Cal88 mentioned.
Cal88
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oski003 said:

Cal88 said:

going4roses said:

https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…


OK so the guy talks about how important it is to have a living wage, and that this term was loaded. His presentation is that "capital" or "the system" is withholding that from the working class, and especially Blacks and minorities.

My main criticism is that he doesn't present any analysis of the current state, causes or solutions. For example, why is it that in the 1960s/70s, you could raise a family on a single income, while today a double income is barely enough to enable that?

In the sitcom Married With Children set in 1980s Chicago, Al Bundy could raise his family on his income as a shoe salesman. I looked up the numbers, and that situation was actually realistic, the median home price in Chicago in 1987 when that series was made was actually $91,000. The tuition at Michigan State, a typical local land grant school, was $2,900/yr. A Big Mac cost $1.60. Bundy's salary was relatively low too, around $14k, but that salary hasn't risen proportionally as much compared to the aforementioned costs, acg salary of shoe salesman at Footlocker is $34k, Median home price in Chicago today is $400k vs $91k in 1987, tuition at Michigan St. is 16K in state and $43k out of state. Healthcare costs also are many multiples higher, far outstripping inflation.

Women entering the labor force en masse starting from the 1980s, mass immigration depressing wages in industries like construction, monetary policy spurring inflation, military spending - those are some of the issues worth exploring wrt the decrease in purchasing power.


A shoe salesman doesn't make less than the Chicago minimum wage. Sorry.


Foot Locker Chicago job listing

[color=#333333][size=3][font=Roboto][color=#1c1c1c][size=5]Sales Associate[/size][/color][/font][/size][/color]
[ul]
[li][color=#333333][size=3][font=Roboto][size=3]55066[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Chicago, Illinois[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]112 S State Street[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]15074[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Store Retail[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Non-Exempt[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Regular Part-Time[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Champs Sports[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]112 S State Street[/size][/font][/size][/color][/li]
[/ul]

[size=2][font=Roboto][color=inherit][size=4]Job Description[/size][/color]
Overview

You shop here all the time. So why not work here? As part of a team, your primary focus is to create a warm and friendly shopping environment by providing extreme customer service. You will be accountable for knowing and achieving personal productivity goals, to divisions' productivity standards.

Even the rookies get to start on our team!


Responsibilities
[/font][/size]
[ul]
[li][size=2][font=Roboto]Ensuring high levels of customer satisfaction by being knowledgeable on all products offered, and teaming up with co-workers to provide excellent sales service[/font][/size][/li]
[li][size=2][font=Roboto]Delivering sales, outstanding customer experience, and operational expectations[/font][/size][/li]
[li][size=2][font=Roboto]Maintaining personal and productivity goals[/font][/size][/li]
[li][size=2][font=Roboto]Connects with every customer by asking open-ended questions to assess needs[/font][/size][/li]
[li][size=2][font=Roboto]Ability to learn and share expertise of products and trends to fit customer's needs[/font][/size][/li]
[li][size=2][font=Roboto]Maintains an awareness of all product knowledge, and current or upcoming product / trends[/font][/size][/li]
[li][size=2][font=Roboto]Contributes to a positive and inclusive work environment[/font][/size][/li]
[/ul]
[size=2][font=Roboto]
Qualifications
[/font][/size]
[ul]
[li][size=2][font=Roboto]0-3 year of retail experience[/font][/size][/li]
[li][size=2][font=Roboto]Confident and comfortable engaging customers to deliver an elevated experience[/font][/size][/li]
[li][size=2][font=Roboto]Motivated to achieve great results because of one's enthusiasm from interacting with customers and athletic products[/font][/size][/li]
[li][size=2][font=Roboto]Initiates completion of tasks or activities without necessary supervision[/font][/size][/li]
[li][size=2][font=Roboto]Flexible availability including nights, weekends, and holidays[/font][/size][/li]
[/ul]
[font=Roboto]
Benefits

Rate of Pay: $16.80 / hour

https://careers.footlocker.com/jobs/55066
[/font]

This translates to an annual salary of $35k.
oski003
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Cal88 said:

oski003 said:

Cal88 said:

going4roses said:

https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…


OK so the guy talks about how important it is to have a living wage, and that this term was loaded. His presentation is that "capital" or "the system" is withholding that from the working class, and especially Blacks and minorities.

My main criticism is that he doesn't present any analysis of the current state, causes or solutions. For example, why is it that in the 1960s/70s, you could raise a family on a single income, while today a double income is barely enough to enable that?

In the sitcom Married With Children set in 1980s Chicago, Al Bundy could raise his family on his income as a shoe salesman. I looked up the numbers, and that situation was actually realistic, the median home price in Chicago in 1987 when that series was made was actually $91,000. The tuition at Michigan State, a typical local land grant school, was $2,900/yr. A Big Mac cost $1.60. Bundy's salary was relatively low too, around $14k, but that salary hasn't risen proportionally as much compared to the aforementioned costs, acg salary of shoe salesman at Footlocker is $34k, Median home price in Chicago today is $400k vs $91k in 1987, tuition at Michigan St. is 16K in state and $43k out of state. Healthcare costs also are many multiples higher, far outstripping inflation.

Women entering the labor force en masse starting from the 1980s, mass immigration depressing wages in industries like construction, monetary policy spurring inflation, military spending - those are some of the issues worth exploring wrt the decrease in purchasing power.


A shoe salesman doesn't make less than the Chicago minimum wage. Sorry.


Foot Locker Chicago job listing

[color=#333333][size=3][font=Roboto][color=#1c1c1c][size=5]Sales Associate[/size][/color][/font][/size][/color]
[ul]
[li][color=#333333][size=3][font=Roboto][size=3]55066[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Chicago, Illinois[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]112 S State Street[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]15074[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Store Retail[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Non-Exempt[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Regular Part-Time[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]Champs Sports[/size][/font][/size][/color][/li]
[li][color=#333333][size=3][font=Roboto][size=3]112 S State Street[/size][/font][/size][/color][/li]
[/ul]

[size=2][font=Roboto][color=inherit][size=4]Job Description[/size][/color]
Overview

You shop here all the time. So why not work here? As part of a team, your primary focus is to create a warm and friendly shopping environment by providing extreme customer service. You will be accountable for knowing and achieving personal productivity goals, to divisions' productivity standards.

Even the rookies get to start on our team!


Responsibilities
[/font][/size]
[ul]
[li][size=2][font=Roboto]Ensuring high levels of customer satisfaction by being knowledgeable on all products offered, and teaming up with co-workers to provide excellent sales service[/font][/size][/li]
[li][size=2][font=Roboto]Delivering sales, outstanding customer experience, and operational expectations[/font][/size][/li]
[li][size=2][font=Roboto]Maintaining personal and productivity goals[/font][/size][/li]
[li][size=2][font=Roboto]Connects with every customer by asking open-ended questions to assess needs[/font][/size][/li]
[li][size=2][font=Roboto]Ability to learn and share expertise of products and trends to fit customer's needs[/font][/size][/li]
[li][size=2][font=Roboto]Maintains an awareness of all product knowledge, and current or upcoming product / trends[/font][/size][/li]
[li][size=2][font=Roboto]Contributes to a positive and inclusive work environment[/font][/size][/li]
[/ul]
[size=2][font=Roboto]
Qualifications
[/font][/size]
[ul]
[li][size=2][font=Roboto]0-3 year of retail experience[/font][/size][/li]
[li][size=2][font=Roboto]Confident and comfortable engaging customers to deliver an elevated experience[/font][/size][/li]
[li][size=2][font=Roboto]Motivated to achieve great results because of one's enthusiasm from interacting with customers and athletic products[/font][/size][/li]
[li][size=2][font=Roboto]Initiates completion of tasks or activities without necessary supervision[/font][/size][/li]
[li][size=2][font=Roboto]Flexible availability including nights, weekends, and holidays[/font][/size][/li]
[/ul]
[font=Roboto]
Benefits

Rate of Pay: $16.80 / hour

https://careers.footlocker.com/jobs/55066
[/font]

This translates to an annual salary of $35k.


That is entry level, which is usually a teenager, and the minimum wage translates closer to $36,000. There are probably three employees on the floor, one making $16.80, one making atound $20, and one making around $25.
Cal88
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oski003 said:

Cal88 said:

oski003 said:

Cal88 said:

going4roses said:

https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…


OK so the guy talks about how important it is to have a living wage, and that this term was loaded. His presentation is that "capital" or "the system" is withholding that from the working class, and especially Blacks and minorities.

My main criticism is that he doesn't present any analysis of the current state, causes or solutions. For example, why is it that in the 1960s/70s, you could raise a family on a single income, while today a double income is barely enough to enable that?

In the sitcom Married With Children set in 1980s Chicago, Al Bundy could raise his family on his income as a shoe salesman. I looked up the numbers, and that situation was actually realistic, the median home price in Chicago in 1987 when that series was made was actually $91,000. The tuition at Michigan State, a typical local land grant school, was $2,900/yr. A Big Mac cost $1.60. Bundy's salary was relatively low too, around $14k, but that salary hasn't risen proportionally as much compared to the aforementioned costs, acg salary of shoe salesman at Footlocker is $34k, Median home price in Chicago today is $400k vs $91k in 1987, tuition at Michigan St. is 16K in state and $43k out of state. Healthcare costs also are many multiples higher, far outstripping inflation.

Women entering the labor force en masse starting from the 1980s, mass immigration depressing wages in industries like construction, monetary policy spurring inflation, military spending - those are some of the issues worth exploring wrt the decrease in purchasing power.


A shoe salesman doesn't make less than the Chicago minimum wage. Sorry.


[font=Roboto]

Rate of Pay: $16.80 / hour

https://careers.footlocker.com/jobs/55066
[/font]

This translates to an annual salary of $35k.


That is entry level, which is usually a teenager, and the minimum wage translates closer to $36,000. There are probably three employees on the floor, one making $16.80, one making atound $20, and one making around $25.


It looks like their salaries top off at $20, for a sales lead/store manager position there, so around $42k/year.

[color=#1f1f1f][size=4][font="Google Sans", Arial, sans-serif]Sales Lead, Retail, Retail & Store Manager[/font][/size][/color]
[color=var(--IXoxUe)][font=Arial, sans-serif]Footlocker Inc Chicago, IL, United States via Learn4Good[/font][/color]
[color=#1f1f1f][font=Arial, sans-serif][color=var(--IXoxUe)][font="Google Sans", Arial, sans-serif]27 days ago[/font][/color]
[color=var(--IXoxUe)][font="Google Sans", Arial, sans-serif]US$19.45 an hour

https://g.co/kgs/uR3PKJo[/font][/color][/font][/color]
DiabloWags
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FYI:

IN-N-OUT Burger

In-N-Out Burger Salaries in California: How much does In-N-Out Burger pay in California? - Zippia


oski003
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Cal88 said:

oski003 said:

Cal88 said:

oski003 said:

Cal88 said:

going4roses said:

https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…


OK so the guy talks about how important it is to have a living wage, and that this term was loaded. His presentation is that "capital" or "the system" is withholding that from the working class, and especially Blacks and minorities.

My main criticism is that he doesn't present any analysis of the current state, causes or solutions. For example, why is it that in the 1960s/70s, you could raise a family on a single income, while today a double income is barely enough to enable that?

In the sitcom Married With Children set in 1980s Chicago, Al Bundy could raise his family on his income as a shoe salesman. I looked up the numbers, and that situation was actually realistic, the median home price in Chicago in 1987 when that series was made was actually $91,000. The tuition at Michigan State, a typical local land grant school, was $2,900/yr. A Big Mac cost $1.60. Bundy's salary was relatively low too, around $14k, but that salary hasn't risen proportionally as much compared to the aforementioned costs, acg salary of shoe salesman at Footlocker is $34k, Median home price in Chicago today is $400k vs $91k in 1987, tuition at Michigan St. is 16K in state and $43k out of state. Healthcare costs also are many multiples higher, far outstripping inflation.

Women entering the labor force en masse starting from the 1980s, mass immigration depressing wages in industries like construction, monetary policy spurring inflation, military spending - those are some of the issues worth exploring wrt the decrease in purchasing power.


A shoe salesman doesn't make less than the Chicago minimum wage. Sorry.


[font=Roboto]

Rate of Pay: $16.80 / hour

https://careers.footlocker.com/jobs/55066
[/font]

This translates to an annual salary of $35k.


That is entry level, which is usually a teenager, and the minimum wage translates closer to $36,000. There are probably three employees on the floor, one making $16.80, one making atound $20, and one making around $25.


It looks like their salaries top off at $20, for a sales lead/store manager position there, so around $42k/year.

[color=#1f1f1f][size=4][font="Google Sans", Arial, sans-serif]Sales Lead, Retail, Retail & Store Manager[/font][/size][/color]
[color=var(--IXoxUe)][font=Arial, sans-serif]Footlocker Inc Chicago, IL, United States via Learn4Good[/font][/color]
[color=#1f1f1f][font=Arial, sans-serif][color=var(--IXoxUe)][font="Google Sans", Arial, sans-serif]27 days ago[/font][/color]
[color=var(--IXoxUe)][font="Google Sans", Arial, sans-serif]US$19.45 an hour

https://g.co/kgs/uR3PKJo[/font][/color][/font][/color]


That's the starting pay for the $20 guy I was talking about. They are below the ASM and SM.
Cal88
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oski003 said:

Cal88 said:

oski003 said:

Cal88 said:

oski003 said:

Cal88 said:

going4roses said:

https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…


OK so the guy talks about how important it is to have a living wage, and that this term was loaded. His presentation is that "capital" or "the system" is withholding that from the working class, and especially Blacks and minorities.

My main criticism is that he doesn't present any analysis of the current state, causes or solutions. For example, why is it that in the 1960s/70s, you could raise a family on a single income, while today a double income is barely enough to enable that?

In the sitcom Married With Children set in 1980s Chicago, Al Bundy could raise his family on his income as a shoe salesman. I looked up the numbers, and that situation was actually realistic, the median home price in Chicago in 1987 when that series was made was actually $91,000. The tuition at Michigan State, a typical local land grant school, was $2,900/yr. A Big Mac cost $1.60. Bundy's salary was relatively low too, around $14k, but that salary hasn't risen proportionally as much compared to the aforementioned costs, acg salary of shoe salesman at Footlocker is $34k, Median home price in Chicago today is $400k vs $91k in 1987, tuition at Michigan St. is 16K in state and $43k out of state. Healthcare costs also are many multiples higher, far outstripping inflation.

Women entering the labor force en masse starting from the 1980s, mass immigration depressing wages in industries like construction, monetary policy spurring inflation, military spending - those are some of the issues worth exploring wrt the decrease in purchasing power.


A shoe salesman doesn't make less than the Chicago minimum wage. Sorry.


[font=Roboto]

Rate of Pay: $16.80 / hour

https://careers.footlocker.com/jobs/55066
[/font]

This translates to an annual salary of $35k.


That is entry level, which is usually a teenager, and the minimum wage translates closer to $36,000. There are probably three employees on the floor, one making $16.80, one making atound $20, and one making around $25.


It looks like their salaries top off at $20, for a sales lead/store manager position there, so around $42k/year.

[color=#1f1f1f][size=4][font="Google Sans", Arial, sans-serif]Sales Lead, Retail, Retail & Store Manager[/font][/size][/color]
[color=var(--IXoxUe)][font=Arial, sans-serif]Footlocker Inc Chicago, IL, United States via Learn4Good[/font][/color]
[color=#1f1f1f][font=Arial, sans-serif][color=var(--IXoxUe)][font="Google Sans", Arial, sans-serif]27 days ago[/font][/color]
[color=var(--IXoxUe)][font="Google Sans", Arial, sans-serif]US$19.45 an hour

https://g.co/kgs/uR3PKJo[/font][/color][/font][/color]


That's the starting pay for the $20 guy I was talking about. They are below the ASM and SM.


OK, but really irrelevant here, I was using Al Bundy as an example of a shoe salesman in 1980s Chicago, who raised a family with a stay at home mom as a shoe salesman, he was not a store manager. When you look at the numbers as I did above for 80s COL, you find that this premise was plausible back then, but completely implausible by today's standards.

If you had to do a remake of Married with kids with current economic conditions, both parents would be working, and they would be living in a more modest home or apartment, with a long commute.
DiabloWags
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Cal88 said:


If you had to do a remake of Married with kids with current economic conditions, both parents would be working, and they would be living in a more modest home or apartment, with a long commute.


Correct.

They would be commuting an hour each way from Mountain House down into the South Bay all for the sake of owning a home.
tequila4kapp
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....
calpoly
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tequila4kapp said:

....

Your best post ever!
TandemBear
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Cal88 said:

going4roses said:

https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…


OK so the guy talks about how important it is to have a living wage, and that this term was loaded. His presentation is that "capital" or "the system" is withholding that from the working class, and especially Blacks and minorities.

My main criticism is that he doesn't present any analysis of the current state, causes or solutions. For example, why is it that in the 1960s/70s, you could raise a family on a single income, while today a double income is barely enough to enable that?

In the sitcom Married With Children set in 1980s Chicago, Al Bundy could raise his family on his income as a shoe salesman. I looked up the numbers, and that situation was actually realistic, the median home price in Chicago in 1987 when that series was made was actually $91,000. The tuition at Michigan State, a typical local land grant school, was $2,900/yr. A Big Mac cost $1.60. Bundy's salary was relatively low too, around $14k, but that salary hasn't risen proportionally as much compared to the aforementioned costs, acg salary of shoe salesman at Footlocker is $34k, Median home price in Chicago today is $400k vs $91k in 1987, tuition at Michigan St. is 16K in state and $43k out of state. Healthcare costs also are many multiples higher, far outstripping inflation.

Women entering the labor force en masse starting from the 1980s, mass immigration depressing wages in industries like construction, monetary policy spurring inflation, military spending - those are some of the issues worth exploring wrt the decrease in purchasing power.

He doesn't owe you "how or why!" And it doesn't even matter anyway. We KNOW why, we KNOW how at this point. Have you been living in a cave? Have you never picked up a book? Do you not understand much of anything in this world?

The forces of monied power have been massing for decades. We've seen falling wages for 60 years, while income and wealth gaps grow. And political power has grown commensurately.

Sorry, no one owes you a detailed analysis of why they're screwed ten days to Sunday economically!

And this explains why the French resorted to guillotines.
Cal88
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TandemBear said:

Cal88 said:

going4roses said:

https://www.instagram.com/reel/DMBmGj2g2EM/?igsh=NWFyaHF2dDhvMGY4

Damn…


OK so the guy talks about how important it is to have a living wage, and that this term was loaded. His presentation is that "capital" or "the system" is withholding that from the working class, and especially Blacks and minorities.

My main criticism is that he doesn't present any analysis of the current state, causes or solutions. For example, why is it that in the 1960s/70s, you could raise a family on a single income, while today a double income is barely enough to enable that?

In the sitcom Married With Children set in 1980s Chicago, Al Bundy could raise his family on his income as a shoe salesman. I looked up the numbers, and that situation was actually realistic, the median home price in Chicago in 1987 when that series was made was actually $91,000. The tuition at Michigan State, a typical local land grant school, was $2,900/yr. A Big Mac cost $1.60. Bundy's salary was relatively low too, around $14k, but that salary hasn't risen proportionally as much compared to the aforementioned costs, acg salary of shoe salesman at Footlocker is $34k, Median home price in Chicago today is $400k vs $91k in 1987, tuition at Michigan St. is 16K in state and $43k out of state. Healthcare costs also are many multiples higher, far outstripping inflation.

Women entering the labor force en masse starting from the 1980s, mass immigration depressing wages in industries like construction, monetary policy spurring inflation, military spending - those are some of the issues worth exploring wrt the decrease in purchasing power.

He doesn't owe you "how or why!" And it doesn't even matter anyway. We KNOW why, we KNOW how at this point. Have you been living in a cave? Have you never picked up a book? Do you not understand much of anything in this world?

The forces of monied power have been massing for decades. We've seen falling wages for 60 years, while income and wealth gaps grow. And political power has grown commensurately.

Sorry, no one owes you a detailed analysis of why they're screwed ten days to Sunday economically!

And this explains why the French resorted to guillotines.


The French Revolution is a bit misunderstood, it was largely about the new emerging mercantile elite taking over for the landed gentry and clergy. Ironically enough, the new rulers ended up dismantling the welfare system set up by the clergy, which operated free hospices and schools. As well the grain market, which was highly regulated under the old regime, with for instance bans on exports in years with bad harvests and tight controls on speculation, became unregulated and ended up exacerbating hunger for the lower classes in the cities.



Quote:

Sorry, no one owes you a detailed analysis of why they're screwed ten days to Sunday economically!


The guy is a vlogger who aspires to educate his audience, so some analysis would be useful to bolster his case, and perhaps even he might propose some policies and solutions to the problem of diminishing purchasing power for the working poor. Otherwise it's just a pointless rant.
tequila4kapp
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calpoly said:

tequila4kapp said:

....

Your best post ever!
I had a whole write-up on the house I grew up in then vs today. But I may have had some liberal arts math going
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