Wages have not kept up with what should be a comfortable middle class life style.
Wages have not kept up because minimum wages keep rising causing the middle class (who do not get those government imposed raises) to move toward the bottom.
Define comfortable or "living wage". Necessities of life-Food, clothing and Shelter? Or must it include computer, smartphone, a car, truck and an Alumaweld in the driveway, annual paid vacation to go hunting/fishing/on a cruise, employer paid health care? Maybe the phrase should be "what should be a covetable life style".
We have the wealth in this country for a much higher standard of living for everyone but workers can't earn enough. Something is out of balance.....
You're right. Because our society has become "comfortable" and forgot how to "kill something". Workers have little risk.
Creators have the wealth because they have the risk and subsequent reward. Don't like your (plural form) lot? You
created it. Education and age has nothing to do with it. I have a 24 y/o son that cost me over $100K for a college education. He's making $12/hr. I have a 21 y/o son with just 1 yr of college that is making $60K+. That's today, not 1955. They have each chosen their path.
Does wanting to earn a wage from a full time job that affords you food, shelter and clothing, plus a little bit of savings count as a sense of entitlement?
Yes, if you expect it because you can fog a mirror. The hardest door for anyone to open is their front door. If you want it, go get it.
I think the number of people that might fit this definition are a very small percentage of the overall population. By human nature most people like to work- it gives them a sense of worth.
I think you are off by 180. Yes people like to work for the sense of worth. But how many are willing to take the risk to create the wealth they crave?
Making minimum wage should suck and not be comfortable. Otherwise what would be the motivation to work hard or study more and become more than a fry fryer?
Correct
Remember, we have a right to the pursuit of happiness, not a right to happiness itself.
But it is attainable by EVERYONE
So, all of you people who think all the people in this country that are making minimum wage can just walk down the street and find a better paying job
No, but those that walked down the street to try, are closer than those who didn't
when these millions of jobs appear out of nowhere and all the people working for minimum wage quit their jobs what will that do for the economy, when these companies can't find several million workers
The jobs won't appear. They'll be created. But that's the fundamental understanding of humanity- That millions won't create anything which is why companies know they don't have to pay higher wages.
If you have employees (I don't care what their job is or what skill level they are at) as a honest employer it is your duty to pay them a decent wage (which varies depending where you live) so that they can live a decent life
Again, define decent? When calculating the ROI on a position, what is the decency factor I include? As a member of the human race, is it your DUTY to ensure your neighbor has a decent life?
All you people that talk about minimum wage people getting a raise is some kind of entitlement, these people give a large part of there lives to there employer and deserve a fair wage, which is certainly more than they are getting
They deserve the wages they negotiated when they took the job. Do I deserve to complain about the trains that have been going by at 3am for the 40 years before I bought my house?
Allowing people to make more money actually invigorates the economy.
Absolutely correct. I am not seeing any post where people are not allowed to prosper.
My advice for those that are making too little. Do something about it.
:applause:
My employer had a bunch of layoffs, hiring freezes, and a reduced budget that goes to raises for the rank and file. They also cut a bunch of the other employee perks that they previously offered. All in the same year the executive staff gave themselves an overall 76% pay increase! The CEO literally doubled his salary!
Sounds like a publicly traded company. Rarely do CEOs of publicly traded companies give themselves a raise. The Board of Directors handles that. Shareholders elect the BOD. If you are a shareholder of any company, do you participate in the conversation?
Warren Buffet once said "there are three types of business- innovators, imitators and idiots" I submit the same goes for income earners.
I am 49 years old, grew up in a lower income factory worker family in the midwest. I do not have a college education. I have owned my own business(es) since 2006. Some have succeeded, some have failed. I read a lot. I can read and explain a Balance Sheet, PNL and Cash flow statement. I know how to do an ROI. Times have been challenging. I've never missed a payroll, but have reduced staff. I live a "comfortable" (by my standard) life. I do covet more- time, money, stuff. I don't blame anyone for my "status" other than the guy I see in the mirror. Yes, I have drank from the Kool-aid fire hose of personal accountability and responsibility taught to me by my father.
Gregg Marshall