Fox News: Minorities and the poor do not deserve $15/hr.

ProV1 said:
That’s insightful. Wages are generally earned. You guys just don’t get it. You don’t like that entry level workers demand 15-20 bucks an hour. Get with the times and pay attention. The gig economy is a huge driver to what is happening. My son worked as a clerk at wine store as a senior in high school and the first couple of years in college. He started at $9 and hour and ended up at $11. They begged him to come back but last year he started delivering Grub Hub. Instead of $11 and 8-10 hour retail shifts, he makes $20 an hour and works whenever he feels like it. We ain’t living in the 70’s and 80’s anymore. My God.
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So all that college and he works for grub hub ?? Land of opportunity
 
This is another one of those "they did it the wrong way" issues. (Socialism in other countries)

The proof is out there. This "fix" to people choosing to not take advantage of education will only hurt them, not help them.
 
zeeman said:
So all that college and he works for grub hub ?? Land of opportunity
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He did Grub Hub last summer and during his senior year. He will likely continue to do it as he just took a graduate assistant job on the staff of a college football team. That does not pay much but usually is the required route.
 
Hammerdrill said:
I doubt any teacher is making less than $15/hour.
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I don't want to put any district on blast but I could name some districts in Ohio (largely in impoverished areas) that currently start new teachers at under $30,000. $15/hr adjusted to full time work measures out to about $31,200.
 
ProV1 said:
That’s insightful. Wages are generally earned. You guys just don’t get it. You don’t like that entry level workers demand 15-20 bucks an hour. Get with the times and pay attention. The gig economy is a huge driver to what is happening. My son worked as a clerk at wine store as a senior in high school and the first couple of years in college. He started at $9 and hour and ended up at $11. They begged him to come back but last year he started delivering Grub Hub. Instead of $11 and 8-10 hour retail shifts, he makes $20 an hour and works whenever he feels like it. We ain’t living in the 70’s and 80’s anymore. My God.
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Basic knowledge of simple economics would benefit you greatly.
 
zeeman said:
Yep, they gave us all “free” money through the pandemy and even protected us from the China flu by getting us all pieces of cloth to wear. Heck, our bespectacled governor has even made a game show for us for more “free” money
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Can't wait to see if I'm a big winner tonight!
 
frecriss said:
I am old....and with age comes wisdom. Hopefully you will gain some at some point in the future.
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Your wisdom sucks. You deserve whatever anybody is willing to pay you. That is what capitalism is all about. I guess you don’t understand how demand impacts economics. In the example I gave you (Grub Hub) wages are dynamic based on demand. You need a serious refresher.
 
oxat622 said:
Chipotle announced raising prices on menu items up to 4% so it can accommodate $15/hr starting pay. That bumps the steak burrito at the location nearest to me from $9.10 to $9.46. That's not a bridge too far for a consumer like me.
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A $0.36 doesn’t seem like much, but over time consistent price increases like this are what is driving the wealth gap. It’s death by a million cuts. A decade ago a steak burrito was like what, $6.00-$6.50? The reality is wages aren’t increasing for most Americans to match these price increases. Raising wages isn’t enough, because the other huge effect of inflation is rising asset values.

Saving money isn’t enough, you need hard assets. Most of baby boomers wealth has come because they bought homes cheap and then the Fed inflated the currency. That wealth generation technique is no longer possible for many working class Americans. The Federal Reserve system is a straight ponzi

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ProV1 said:
He did Grub Hub last summer and during his senior year. He will likely continue to do it as he just took a graduate assistant job on the staff of a college football team. That does not pay much but usually is the required route.
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I don't want anyone handling my food other than those who prepare and serve it.

No grub hub or uber eats for me, thank you very much.
 
OhioBobcatFan06 said:
A $0.36 doesn’t seem like much, but over time consistent price increases like this are what is driving the wealth gap. It’s death by a million cuts. A decade ago a steak burrito was like what, $6.00-$6.50? The reality is wages aren’t increasing for most Americans to match these price increases. Raising wages isn’t enough, because the other huge effect of inflation is rising asset values.

Saving money isn’t enough, you need hard assets. Most of baby boomers wealth has come because they bought homes cheap and then the Fed inflated the currency. That wealth generation technique is no longer possible for many working class Americans. The Federal Reserve system is a straight ponzi

View attachment 17939
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Your argument is predicated that the price increases are driven strictly by inflationary pressures. Inflation rates have generally been in decline over the last 70 years. Wages not keeping has almost nothing to do with price increases. Look at the attached chart and then think really hard what might be a bigger driver?

U.S. Inflation Rate 1960-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
www.macrotrends.net www.macrotrends.net
 
oxat622 said:
Chipotle announced raising prices on menu items up to 4% so it can accommodate $15/hr starting pay. That bumps the steak burrito at the location nearest to me from $9.10 to $9.46. That's not a bridge too far for a consumer like me.
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The funny thing is you believe that's all itll increase.
 
OldSoulon said:
I don't want anyone handling my food other than those who prepare and serve it.

No grub hub or uber eats for me, thank you very much.
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The vast majority of the country does not think like you do but we already knew that.
 
ProV1 said:
LOL. Like a contractor performing the same task as an employee changes a thing. What a fool.
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The pizza guy works for the restaurant.

The grub hub guy is often a greasy miscreant, willing to deliver from any foolish establishment that will have him.

A veritable street urchin.
 
ProV1 said:
That’s insightful. Wages are generally earned. You guys just don’t get it. You don’t like that entry level workers demand 15-20 bucks an hour. Get with the times and pay attention. The gig economy is a huge driver to what is happening. My son worked as a clerk at wine store as a senior in high school and the first couple of years in college. He started at $9 and hour and ended up at $11. They begged him to come back but last year he started delivering Grub Hub. Instead of $11 and 8-10 hour retail shifts, he makes $20 an hour and works whenever he feels like it. We ain’t living in the 70’s and 80’s anymore. My God.
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20 dollars an hour...for a couple hours of work a day. Cool story.

You understand these people wont have anymore buying power when prices rise to compensate for the increased cost of labor right?
 
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