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Topic:
Apparently I live in Greece
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GrilledCheez
Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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individual wages as a percentage of production costs and profits are way down. The average income numbers for the bottom 50 percent of americans at least has barely risen 10 percent in 40 years. That's pathetic.
What we see in this outrage is that gov't generally gives all workers a COLA every year. Clearly this is outrageous because under Pauls' knew bang for your buck newfangledtech scale people can buy way awesomer stuff now for the same money, which is almost the same thing as negative inflation.
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Szerek
Posts: 338
Registered: 2000-8-8 09:26:09
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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tenkly posted:
100k in most of canada is great.
You see, in the US 100k isn't great money, but anyone can live on minimum wage (15k per year).
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"The reason they call it the American Dream is because you have to be asleep to believe it."
"The IQ and the life expectancy of the average American recently passed each other in opposite directions."
- George Carlin
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paulg_68
Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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GrilledCheez posted:
individual wages as a percentage of production costs and profits are way down.
That's because manufacturing is much less labor intensive these days. Actually services and general business overhead are also much less labor intensive.
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Bonzoboy1
Posts: 885
Registered: 2008-8-1 18:04:29
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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I can remember when the public sector made less but had better benefits and job protections than the private sector, now they make more, have better benefits and protections than the private sector who pays their salary.
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Politicians are like diapers, they should be changed often and for the same reason.
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paulg_68
Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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And their unions make massive donations to the Democrats who cut deals to guarantee they never have to suffer layoffs or pay cuts even when the rest of the country is suffering.
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If you wish to make an apple pie from scratch...
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"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
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eodoll
Posts: 1,028
Registered: 2002-2-14 12:35:42
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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I dont know how pensions are supposed to work - where does that money come from? I know a few retired people on the pension system - they get good money for doing nothing. Why do we even offer that as a benefit for government jobs? Government jobs should just pay more and get rid of the pensions altogether.
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paulg_68
Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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I think pensions are a good idea but the payout amount shouldn't be guaranteed.
The payments into the pension plan should be guaranteed though and they should always be paid at the time the work is done.
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If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
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ZigmundZag
Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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paulg_68 posted:
Inflation numbers generally fail to account for the fact that products are continuously being replaced with new technology which is vastly superior to old technology.
If you look at the statistics, it may appear that the relative income of worker bees has gone down. The reality though is that you can get wayyyy more bang for your buck these days so the average quality of life for worker bees is going up.
http://www.youtube.com/watch?v=5hfYJsQAhl0
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Bonzoboy1
Posts: 885
Registered: 2008-8-1 18:04:29
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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The money for the pensions is there and won't ever be there but the left just keeps giving them more because it is the stronghold of their political power.
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Politicians are like diapers, they should be changed often and for the same reason.
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Szerek
Posts: 338
Registered: 2000-8-8 09:26:09
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Date Posted:
1/1/00 12:00am
Subject:
Apparently I live in Greece
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paulg_68 posted:
I think pensions are a good idea but the payout amount shouldn't be guaranteed.
The payments into the pension plan should be guaranteed though and they should always be paid at the time the work is done.
No, public employees should have to put their money in the Casino we call the market via a 401k like the rest of us. This way, every time the market tanks we can listen to them yell how they just lost half of their retirement, rather than telling the rest of us to pay more in taxes so they can have their full retirement.
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"The reason they call it the American Dream is because you have to be asleep to believe it."
"The IQ and the life expectancy of the average American recently passed each other in opposite directions."
- George Carlin
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