Advertisement

Drudge Retort: The Other Side of the News
Wednesday, June 24, 2020

Thomas B. Edsall: A 2019 Brookings report, "Meet the low-wage work force," ... calculated that "more than 53 million people -- 44 percent of all workers aged 18-64 -- are low-wage workers. They earn median hourly wages of $10.22 and median annual earnings of $17,950." (The authors) determined that nationally, low wage workers are 52.4 percent white, 14.8 percent black and 24.9 percent Hispanic, compared with a middle and high wage work force that is 70.6 percent white, 9.9 percent black and 11.4 percent Hispanic.

More

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

And a state-by-state survey conducted by Business.org found that "Nationwide, essential employees earn an average of 18.2 percent less than employees in other industries." Interestingly, the largest disparities between the pay of essential workers and all other workers were in Democratic jurisdictions, including Massachusetts at 25.4 percent; Rhode Island, 26 percent; Virginia, 27.6 percent; Maryland, 28.6 percent; Connecticut, 29.2 percent; and the District of Columbia, at 47.2 percent.

Recognition of the disadvantages faced by essential workers has, in turn, shed light on the broader challenges of the entire low-wage job market. Many low-wage workers face an ongoing struggle, but there are substantial roadblocks to proposals to improve their standing: decades of declining worker bargaining power, including the near elimination of private sector unions; the automation and offshoring of manufacturing; as well as tax policies favoring corporations and the rich and policies described as "biased against labor and in favor of capital."

So far, the forces unleashed by the pandemic and the accompanying economic collapse have inflicted the highest level of job losses and reduced hours on those getting paid the least, although government spending under the Coronavirus Aid, Relief, and Economic Security Act has temporarily staved off some of the most dire consequences.

Very comprehensive 360-degree view of one of the most pressing issues of our times, only magnified by the ongoing economic tumult caused by the pandemic.

#1 | Posted by tonyroma at 2020-06-24 10:57 AM | Reply

The article refers to them as essential workers but they didn't really earn that distinction until 4 months ago or so.

I'm curious to see at the end of the year how their wages were impacted by the pandemic.

Under any other circumstances, the answer doesn't change. Low wage workers are low skilled workers. Low skill = low wage

I realize it's wildly unpopular on this blog to remind everyone the cost of labor is a commodity.

#2 | Posted by eberly at 2020-06-24 11:10 AM | Reply

#2 The problem with letting corporations be the sole arbiter of labor value is that there ends up being tens of millions of working Americans in poverty and it's taxpayers who cover the difference in the form of food stamps, healthcare, etc.

I don't know about you but i don't think a guy making middle class wages should have to cover more of their neighbor's healthcare bill than a billion dollar corporation that benefits from their labor does.

#3 | Posted by JOE at 2020-06-24 11:48 AM | Reply | Newsworthy 9

Slavery by another name. Except the Bossman doesn't even have to worry about keeping them fit to work, he can always replace them.

Eventually,some kind of economic justice will have to be figured out. The Poor's aren't going anywhere.

If the racial crap could be straightened out there would be more hope for economic justice. Keeping the poor at each other's throats is historically how the elites have maintained their position.

Maybe the next wave of riots will be over economic issues?

#4 | Posted by Effeteposer at 2020-06-24 11:51 AM | Reply | Newsworthy 3

I don't know about you but i don't think a guy making middle class wages should have to cover more of their neighbor's healthcare bill than a billion dollar corporation that benefits from their labor does.

#3 | POSTED BY JOE

Isn't it funny that businesses only pay taxes on "Profits" (i.e. revenue minus expenses) but workers pay taxes on all wages after minimal exemptions?

#5 | Posted by Sycophant at 2020-06-24 03:47 PM | Reply

Why?

Because their corporate masters own enough of the people who write and pass tax laws to get what they want. And they don't have to own all of them, just enough in the Senate to filibuster votes is enough.

Yurtle is their hero.... and Donald Trump was born one of them and still is today.

We need to go back to the FDR-ish policies that are as American as apple pie and for which most Dems will vote, both in the electorate and in Congress.

#6 | Posted by Corky at 2020-06-24 04:16 PM | Reply | Funny: 1

Maybe the next wave of riots will be over economic issues?

#4 | POSTED BY EFFETEPOSER

To some extent these protests have been over economic issues. A significant part of any unrest is caused by poverty.

#7 | Posted by Whatsleft at 2020-06-24 04:27 PM | Reply

We need to go back to the FDR-ish policies that are as American as apple pie

#6 | POSTED BY CORKY

LOL!!

You say that and then you keep nominating people like Hillary and Joe. Bernie Sanders was as FDR as we'll ever have a chance at in our lifetimes.

#8 | Posted by Whatsleft at 2020-06-24 04:30 PM | Reply

For Corky

youtu.be

#9 | Posted by LauraMohr at 2020-06-24 04:50 PM | Reply | Newsworthy 1

"I don't know about you but i don't think a guy making middle class wages should have to cover more of their neighbor's healthcare bill than a billion dollar corporation that benefits from their labor does."

Couldn't agree more

#10 | Posted by eberly at 2020-06-24 05:29 PM | Reply | Newsworthy 1

Why Do We Pay So Many People So Little Money?

Because the rich have spent the last century convincing labor to vote in the own worst interests.

They convinced people unions are bad, National healthcare is bad, education is bad.

They've spent billions of dollars convincing half the poor people the other half of the poor people are the reason their lives suck.

They bought our government and created laws protecting themselves. Giving taxpayer dollars to themselves through subsidies, write off and tax cuts.

Class warfare is very real. The rich are winning. They're always winning.

#11 | Posted by ClownShack at 2020-06-24 05:53 PM | Reply | Newsworthy 3

- you keep nominating people like Hillary and Joe.

By "you" you must mean the vast majority of Dem primary voters.

Perhaps we should just let the Puridopians do the nominating, right?

OK, so take a deep breath and face a couple of realities:

drudge.com

drudge.com

Try actually listening to Bernie's advice on who to vote for after the primaries.

#12 | Posted by Corky at 2020-06-24 06:10 PM | Reply

For Laura

www.youtube.com

#13 | Posted by Corky at 2020-06-24 06:13 PM | Reply

By "you" you must mean the vast majority of Dem primary voters.

#12 | POSTED BY CORKY

Riiight.. Joe and Hillary both rapped up their nominations with black voters, in states that were never going to swing Democrat. Think about that.

Try actually listening to Bernie's advice on who to vote for after the primaries

I never said I wasn't voting for Biden. I'm just telling you, if you want an FDR candidate, you should have put your support behind one. The candidates you support care more about their corporate benefactors than about FDR like progressive policy.

Stop pretending that you want progressive ideals when you won't support progressives.

#14 | Posted by Whatsleft at 2020-06-24 06:17 PM | Reply

Isn't it funny that businesses only pay taxes on "Profits" (i.e. revenue minus expenses) but workers pay taxes on all wages after minimal exemptions?

#5 | POSTED BY SYCOPHANT AT 2020-06-24 03:47 PM | FLAG:

I wish. There's the income tax on profits. There's payroll tax, workers comp and unemployment insurance taxes, excise tax, property tax, 50 states worth of sales tax collections and reporting. My favorite is estimated taxes. You get the privilege (requirement) of pre-paying your taxes to the Fed quarterly based on expected profits. I also get to pay all my personal income taxes to go with it. So much winning I can't ------- control myself.

#15 | Posted by sitzkrieg at 2020-06-24 06:20 PM | Reply | Newsworthy 1

#13

Yep. Even Bernie will settle for the lesser of evils. What other choice does he have? Trump?

#16 | Posted by Whatsleft at 2020-06-24 06:21 PM | Reply

The President of a corporation is an employee taxed like everyone else.

Any added tax to a business becomes an expense that needs to be paid.

If revenue isn't enough, then cuts are made.

Tax a business more then either the public will pay or the business makes less.

#17 | Posted by Petrous at 2020-06-24 06:49 PM | Reply

Just because Bernie is upholding to the agreement that he gave to the DNC doesn't mean I have tn be beholden tn it as well. I'm youtu.be

#18 | Posted by LauraMohr at 2020-06-24 06:50 PM | Reply

"The President of a corporation is an employee taxed like everyone else."

Not true at all; it depends on the nature of the compensation.

#19 | Posted by Danforth at 2020-06-24 06:54 PM | Reply

I think some of the conclusions of this study are correct, I have some misgivings about their use of average salaries versus median when discussing where the largest disparities are. A few outliers in a small population will skew the numbers a lot. It would be more illuminating to show if the disparity was from a few out-sized earners, or some other divide. In other words, it might be that the average for "all other earners" is much higher, but the median might be fairly close to the "essential" workers. This would point to a different issue than if the average and median for "all others" were closer together.

They are also apparently only looking at salaries, and not other types of compensation.

Their analysis seems very simplistic. It makes a point that those designated "essential" during this pandemic tend to be low-wage jobs, but the rest of their conclusions really aren't well supported.

#20 | Posted by StatsPlease at 2020-06-24 07:30 PM | Reply

"Why Do We Pay So Many People So Little Money?"

Because starvation is a powerful motivator.
People in a position of scarcity are subservient to those who have an abundance.
This is how society functions.

#21 | Posted by snoofy at 2020-06-24 07:50 PM | Reply

My favorite is estimated taxes. You get the privilege (requirement) of pre-paying your taxes to the Fed quarterly based on expected profits.

#15 | Posted by sitzkrieg at 2020-06-24 06:20 PM | Reply | Flag:

And if you overpaid, you get the money back in your return.

I have "estimated taxes" pulled out of every paycheck, based on my estimated earnings for the year. Don't forget, individuals can also be required to pay estimated taxes if they owed too much the previous year. I'm not sure I understand your complaint.

Payroll taxes are based on the employee salary, not your revenue, but also not your profits, so partial credit. Of course, the individual has to pay the same percentage on their entire salary, so probably a bigger hit to them than you.

Unemployment is also based on employee salary, not your revenue nor profits, but it's also less than 10%. Also deductible, I think.

Worker's comp isn't a tax, it's an insurance policy. It may be mandatory, but it's still not a tax and the money doesn't go to the state or federal government. It's also an expense and therefor deductible from your taxes, no? I don't get to deduct my mandatory insurance payments.

Excise and property taxes are deductible too, are they not? And unlike for individuals, there's no cap on those deductions for businesses, correct?

Sales tax collections aren't your taxes, they're taxes on the buyer, so you're not paying them. You also get to deduct the cost of collecting, tracking, and reporting them.

Unlike a business, I don't get to deduct the cost of heating or cooling my home, lighting, any services I hire like landscaping or janitorial services, depreciation of assets, and a bunch of other business expenses. So I think the comparison of businesses paying taxes on profits and individuals paying on total revenue (after minor exemptions) is still a pretty fair assessment, especially when we're talking about wage earners.

#23 | Posted by StatsPlease at 2020-06-24 08:29 PM | Reply

- if you want an FDR candidate, you should have put your support behind one.

Not when he is only slightly more liberal than his opponent, either time, as the link I gave you confirms.

- care more about their corporate benefactors

And Bernie took jobs from the MIC and kow-towed to the gun lobby voters in his state. Hillary's state has more banking workers than any other.

I don't blame either of them, you only blame one of them.

#24 | Posted by Corky at 2020-06-24 08:33 PM | Reply

- Stop pretending that you want progressive ideals when you won't support progressives.

When you stop pretending Clinton and Biden, who have two of the most liberal voting records in the Sen, aren't even progressives.

- I'm youtu.be

You are necessary for Trump's success.

#25 | Posted by Corky at 2020-06-24 08:35 PM | Reply

Hillary Clinton's Quite Revolution

Nobody's noticed, but she's running on an ambitious plan to remake the American social compact.

www.vox.com

She almost got away with the Deplorables not noticing, but Puritans on the far left wanted their McDonalds and they wanted it NOW!

#26 | Posted by Corky at 2020-06-24 08:39 PM | Reply

Not when he is only slightly more liberal than his opponent

#24 | Posted by Corky

You're a joke.

There's a huge difference between M4A and trying to patch up the ACA.

There's a huge difference between a Green New Deal and trying to set some minimal cap on emissions by 2050.

The Biden/Clinton plans don't go nearly far enough or fast enough.

#27 | Posted by Whatsleft at 2020-06-24 09:25 PM | Reply

Here are a couple of the things I find interesting:

1.) $10.22 x 40hrs/week x 52 weeks is $21,257/year
2.) Given the numbers, it implies these workers are only doing 33 hours/week

So an obvious solution would be:
i.) Get a job that is 40 hours/week
ii.) Get a second job. I, like most successful people, never work only 40 hours/week. I routinely do 60-65 hours at a minimum. If these people did 60 hours, even at the low pay of $10.22/hour, they would make $31,886/year even assuming they were never able to pick up a single overtime shift.

3.) At these rates, I am pretty sure they are also receiving government assistance. So, they stated income should have this assistance added to it to reflect the reality of what they are earning. If the are getting $6,000/year in government assistance (electric, heat, food stamps, free medical, etc), it is equivalent to being paid $14/hour.

Lastly, regardless of the cause, I know with 100% certainty that allowing hordes of illegal immigrants to come across the border and compete against these Americans for the same jobs has a depressing impact on wages. If Liberals truly cared about AMERICANS, they would not subject these disproportionately black/brown Americans to competition against illegals.

#28 | Posted by STC_916 at 2020-06-24 10:22 PM | Reply | Newsworthy 1

Time to Revolute. UBI is the ticket. Pay everybody to not riot. Let the massas keep some of their loot, but demand some tribute. They can't put the whole country in prison.

Americans have been too ----------- for like, forever.

The big protests for cash are coming soon after the doles and stimuli are exhausted.

If they can give trillions to prop up asset prices,they can pay people to behave.

#29 | Posted by Effeteposer at 2020-06-24 10:59 PM | Reply | Newsworthy 1

I realize it's wildly unpopular on this blog to remind everyone the cost of labor is a commodity.

#2 | POSTED BY EBERLY

Isn't that a relatively recent philosophical development?

#30 | Posted by jpw at 2020-06-25 12:06 AM | Reply

"Pay everybody to not riot. Let the massas keep some of their loot, but demand some tribute. They can't put the whole country in prison.
#29 | POSTED BY EFFETEPOSER"

What right do you have to any of my money? For that matter, what right do you have to demand a wage for any job you do if the employer does not value your contribution at that level?

Your nonsense about the massas is kind of funny. Because you chose not to equip yourself with actual skills that are in demand, you will be perpetually in the service of others. I have a hunch that your lack of ambition and intelligence precludes you from ever owning your own business so you will never break that cycle. But remember, it was a choice. You chose not to get actual skills through your education. You chose not to be a productive employee. Heck, you can start with zero education and skills as a fry cook at In-N-Out and within 5 years, you can be a manager making $100,000/year. I am fairly certain that you worked fast food at some point in your life. If you wanted to increase your salary above $10/hour, why didn't you just stick it out? You would be making 4x more than you do now? Again, this was your choice because you thought your gender studies degree was your ticket to the upper class. Instead, you are just a barista. Your choices are what landed you here, not 'massa'

#31 | Posted by STC_916 at 2020-06-25 12:07 AM | Reply | Newsworthy 1

Lastly, regardless of the cause, I know with 100% certainty that allowing hordes of illegal immigrants to come across the border and compete against these Americans for the same jobs has a depressing impact on wages. If Liberals truly cared about AMERICANS, they would not subject these disproportionately black/brown Americans to competition against illegals.

#28 | POSTED BY STC_916

Except it's corporations who are mediating that competition because it benefits them.

Stop being such a stooge and open your eyes you gullible, ignorant fool.

BTW I've done the 60+ hour weeks for almost 20 years. I'm tired of thinking I have to wait until retirement to enjoy life. At that point, you're salvaging a wasted life thrown down the tubes.

#32 | Posted by jpw at 2020-06-25 12:08 AM | Reply

that your lack of ambition and intelligence precludes you from ever owning your own business so you will never break that cycle.

I love it how so many idiots think owning a business is the be all end all.

LOL

#33 | Posted by jpw at 2020-06-25 12:09 AM | Reply

"Isn't that a relatively recent philosophical development?
#30 | POSTED BY JPW"

No. Do you think a medieval serf could have demanded to be paid the same as a knight?

The only difference between now and the past is the degree to which your earnings are influenced by ambition, drive, and intelligence.

in 1200AD, a serf was never going to work their way into the nobility. Economic mobility was more or less unheard of. It is still much that way in much of Europe and even Canada. The US provides the best economic/social mobility of any country ever to exist.

#34 | Posted by STC_916 at 2020-06-25 12:11 AM | Reply

#31 | POSTED BY STC_916

When you're done patting yourself on the back could you pick up the piles of assumptions you've left lying all over the place? Thanks!

#35 | Posted by jpw at 2020-06-25 12:12 AM | Reply | Funny: 1

"Except it's corporations who are mediating that competition because it benefits them."

So it is the evil big businesses in San Francisco, New York, etc that force sanctuary city policies? Okay. So, why aren't you fighting back against the big businesses and demand they stop importing illegals? Why can't you admit that illegals suppress wages?

"BTW I've done the 60+ hour weeks for almost 20 years. I'm tired of thinking I have to wait until retirement to enjoy life.
#32 | POSTED BY JPW "

That just shows you chose a poor career path. If you put 60 hours/week into product endeavors, you don't have to wait until retirement to enjoy the fruits of your labor.

#36 | Posted by STC_916 at 2020-06-25 12:16 AM | Reply | Newsworthy 1

"I love it how so many idiots think owning a business is the be all end all.
#33 | POSTED BY JPW "

It makes it so you don't have to cry about 'massa' or whine about the wages people are paying you. Instead, from you post above, you chose to work 60 hours/week and are still poor as dirt. Maybe you should have put that effort into productive endeavors rather than playing Red Dead Redemption.

#37 | Posted by STC_916 at 2020-06-25 12:18 AM | Reply | Newsworthy 1

No. Do you think a medieval serf could have demanded to be paid the same as a knight?

Neither were "paid" in the usual sense of the word. It was more akin to a bargain. More so for the knight and their lord than the knight and their serfs but there wasn't a paycheck system that's for sure.

The US provides the best economic/social mobility of any country ever to exist.

#34 | POSTED BY STC_916

What's funny is that it tends to be those dirty immigrants who make that dream some sort of reality. Americans themselves aren't very good at upward mobility.

#38 | Posted by jpw at 2020-06-25 12:18 AM | Reply

That just shows you chose a poor career path. If you put 60 hours/week into product endeavors, you don't have to wait until retirement to enjoy the fruits of your labor.

#36 | POSTED BY STC_916

Or I realized I can comfortably enjoy life now while still saving for retirement.

You're really full of assumptions, aren't you?

#39 | Posted by jpw at 2020-06-25 12:19 AM | Reply

So it is the evil big businesses in San Francisco, New York, etc that force sanctuary city policies? Okay. So, why aren't you fighting back against the big businesses and demand they stop importing illegals? Why can't you admit that illegals suppress wages?

And here comes the string of non sequiturs. Should have known some blowhard spouting off about how "hard" they work while giving unsolicited advice out left and right would be the run of the mill righty moron.

#40 | Posted by jpw at 2020-06-25 12:22 AM | Reply

It makes it so you don't have to cry about 'massa' or whine about the wages people are paying you. Instead, from you post above, you chose to work 60 hours/week and are still poor as dirt. Maybe you should have put that effort into productive endeavors rather than playing Red Dead Redemption.

#37 | POSTED BY STC_916

LOL

Newby is all piss and vinegar.

Let me guess, you're one of those idiots who takes pride in working too much because the amount of energy expended doesn't give the yield it should. So you simply brag about how hard you work as if you don't look like an idiot.

#41 | Posted by jpw at 2020-06-25 12:24 AM | Reply

BTW welcome to the retort. Get lost on your way to The Drudge Report?

#42 | Posted by jpw at 2020-06-25 12:28 AM | Reply

"Let me guess, you're one of those idiots who takes pride in working too much because the amount of energy expended
#41 | POSTED BY JPW "

I own my own business. My level of effort is directly related to how much my business, and hence I, earn. I could have been happy with only 1 or 2 locations, but I chose to work harder to expand. It benefits me in the long term and it benefits my children as well. If you don't want to work, sorry, but you don't deserve the advantages of working.

#43 | Posted by STC_916 at 2020-06-25 12:37 AM | Reply | Newsworthy 1

Guess it doesn't matter if your customers or employees get COVID-19...

#44 | Posted by snoofy at 2020-06-25 12:42 AM | Reply

If you don't want to work, sorry, but you don't deserve the advantages of working.

#43 | POSTED BY STC_916

LOL *facepalm*

Keep arguing with yourself, champ. Then you'll always be tha man!

#45 | Posted by jpw at 2020-06-25 12:45 AM | Reply

"Keep arguing with yourself, champ. Then you'll always be tha man!
#45 | POSTED BY JPW "

You made poor life choices. You need to live with them now. A little less XBox and a little more actual work would have made a world of difference for you. Sorry, you are reliant on charity now.

#46 | Posted by STC_916 at 2020-06-25 01:20 AM | Reply

LOL welcome to the retort.

#47 | Posted by jpw at 2020-06-25 01:34 AM | Reply

"LOL welcome to the retort.
#47 | POSTED BY JPW "

I think this is a pretty good example of your lack of ambition. Can't refute the point so you go to a generic comeback. Seriously, you only live once. Try harder.

#48 | Posted by STC_916 at 2020-06-25 01:50 AM | Reply

I'm not sharing specifics of my life to refute your assumptions. Those who have been here a long time know very well that what you're saying is laughable.

What I will say is I don't own a video game console. Not even an XBox.

I previously said I've worked the 60+ work week scht for years and have only recently decided it wasn't worth it.

So clearly, I'm reliant on charity. Because that's what all my posts have indicated.

Moron.

#49 | Posted by jpw at 2020-06-25 01:59 AM | Reply

"I'm not sharing specifics of my life to refute your assumptions.
I previously said I've worked the 60+ work week scht for years and have only recently decided it wasn't worth it.
#49 | POSTED BY JPW"

No need for you to share anything. The second sentence says it all. You were not very productive with you 60 hour weeks. Probably because you were working for 'massa' and did not own your own business. Just realize it was your own poor choices that put in you that position.

#50 | Posted by STC_916 at 2020-06-25 02:26 AM | Reply

No need for you to share anything. The second sentence says it all.

That you're an idiot who thinks hours worked is a bragging thing?

You were not very productive with you 60 hour weeks.

Actually, quite productive. Hence why I'm comfortable scaling it back.

Probably because you were working for 'massa' and did not own your own business.

Don't need to. Don't want to. People are willing to pay me plenty without the hassle of me owning it.

BTW "massa" wasn't my quote so stop bringing it up as if you're making a solid point.

Just realize it was your own poor choices that put in you that position.

#50 | POSTED BY STC_916

LOL

God you're an idiot.

#51 | Posted by jpw at 2020-06-25 02:31 AM | Reply

"Actually, quite productive. Hence why I'm comfortable scaling it back."

If it was, you would not be scaling it back.

Maybe for your sake, EFFEMINATEPOSER from above will go get a gig at In-N-Out and he can bring you on to wash lettuce or something.

BTW "massa" wasn't my quote so stop bringing it up as if you're making a solid point.
#51 | POSTED BY JPW "

Snowflake gonna cry now because massa did not pay him enough?

#52 | Posted by STC_916 at 2020-06-25 02:40 AM | Reply

If it was, you would not be scaling it back.

Yeah. What --------- do you run where productivity isn't rewarded?

In any case, have fun with your assumptions.

Snowflake gonna cry now because massa did not pay him enough?

#52 | POSTED BY STC_916

F--- you're stupid.

I'm betting you're not being honest about owning your own business. Nobody this dumb is successful.

#53 | Posted by jpw at 2020-06-25 02:47 AM | Reply

"Yeah. What --------- do you run where productivity isn't rewarded?"

It is rewarded financially which is why I am and my staff continue to put in 60 hour weeks. Like I said, you seem to have been unproductive with your time. Put down the joystick and smartphone and try doing your job.

"I'm betting you're not being honest about owning your own business. Nobody this dumb is successful.
#53 | POSTED BY JPW"

I own my own business and it has several locations now. You see, hard work pays off. Navel gazing for 60 hours a week does not. I will be sure to toss a few bucks in your cup next time I see you 'at the office'.

#54 | Posted by STC_916 at 2020-06-25 02:58 AM | Reply

It is rewarded financially which is why I am and my staff continue to put in 60 hour weeks.

Some people don't spend their lives seeking more more more.

I have enough so I enjoy enjoy enjoy.

Like I said, you seem to have been unproductive with your time. Put down the joystick and smartphone and try doing your job.

Like I've said, I don't even own a video game console.

Does this stuff really sound worth it when you type it? Are you snickering to yourself as you type this *ahem* "hard hitting" self congratulatory garbage?

I own my own business and it has several locations now.

Yeah sure.

You've shown yourself too stupid to believe. What's more likely is you work at multiple fast food joints within walking distance of your trailer park.

#55 | Posted by jpw at 2020-06-25 03:07 AM | Reply

So much winning I can't ------- control myself.

#15 | POSTED BY SITZKRIEG

I have no idea what the nature of this person's "business" is, but it's comical when someone who runs some small "company" pretends to be Jeff Bezos or Warren Buffet.

You're the most load bearing brick on the bottom row of a pyramid scheme that you'll never win at.

Try to buy yourself a few million dollar piece of property for $1.00 the way Amazon did where I live. Let me know how far you get.

#56 | Posted by MrSilenceDogood at 2020-06-25 05:12 AM | Reply

I refuse to get into arguments with wannabe business owners. They wouldn't be here pretending if they really owned profitable businesses. I once did own one, it was a lot of work. I never would have wasted five minutes here in those days. I came here after I closed that business and sought an easier way to earn a living which would allow me to waste time in a place like this. I found a perfect slot and have been happy ever since and have had as much time as I want to waste discussing everything here.
But the thread is about why we pay so many people so little. I think we need to read our history. Read about FDR and what he did to change the way eployers view wages. He gave employers a choice. Give a large amount of your profits to the government or pay your employees more. Fonald Traitor Reagan changed that equation by cutting income taxes down to a maximum of 28% so employers kept their profits and told their employees to eat sand.
Libertarians and Republicans can disagree but they can't change history. What FDR did was to create the largest middle class in the history of the world and it continued to prosper and grow until Ronald Traitor Reagan got elected President.
That's simply a fact, there is no real question about why wages aren't rising. Economists know exactly why they aren't but simpletons, like Reagan-Bush-Trump supporters are incapable of understanding the concept of Keynesian economics. Instead they believe in Voo Doo, Trickle Down, Supply side economics which was pushed by Friedman who demonstrated it, completely disastrously, in Chile. It is a recipe for an oligarchy. Oh wait, that's what we have in the United States.

#57 | Posted by danni at 2020-06-25 08:29 AM | Reply

So I think the comparison of businesses paying taxes on profits and individuals paying on total revenue (after minor exemptions) is still a pretty fair assessment, especially when we're talking about wage earners.

#23 | POSTED BY STATSPLEASE AT 2020-06-24 08:29 PM | FLAG:

As somebody that pays both, it's not a reasonable assessment. One is far more difficult and deductions are not as deep as you think. Charitable contributions alone are capped to 30% for most things you would donate to.

#58 | Posted by sitzkrieg at 2020-06-25 08:41 AM | Reply

#56 | POSTED BY MRSILENCEDOGOOD AT 2020-06-25 05:12 AM | FLAG:

Your projecting is pretty funny. It says a lot about you while admitting you have no idea who I am or what I do :) Keep going!

#59 | Posted by sitzkrieg at 2020-06-25 10:42 AM | Reply

"That's simply a fact, there is no real question about why wages aren't rising."

1. Prior to the pandemic, real wages WERE rising for the first time in decades with the lowest quartile rising the fastest.
2. Real wages for the top 50% of wage earners have been increasing for the last 30 years, what lagged especially badly was the bottom quartile of unskilled workers
3. The bottom quartile suffers from a vast oversupply of labor due to the flood of illegals
4. To stop wage growth of the knowledge workers, the companies lobby for increase in H1B visas - because they understand basic supply and demand.

For some reason, Liberals either don't understand supply and demand or they truly don't care about the unskilled American workers. So Danni boy, why do you hate unskilled Americans?

"Economists know exactly why they aren't but simpletons, like Reagan-Bush-Trump supporters are incapable of understanding the concept of Keynesian economics.
#57 | POSTED BY DANNI"

If you claim to understand economics and still push for the mass hordes of illegals, you are a truly evil person.

#60 | Posted by STC_916 at 2020-06-25 11:53 AM | Reply | Newsworthy 1

Why Do We Pay So Many People So Little Money?

Because we pay so few people a lot?

#61 | Posted by donnerboy at 2020-06-25 12:16 PM | Reply

Isn't it strange how after a large number of rightwingers left this site in protest, we now several weeks later have a new batch of rightwingers with different monikers saying the exact same types of things those who left in protest used to say. What a coincidence. Wusses and drama queens.

#62 | Posted by moder8 at 2020-06-25 12:59 PM | Reply | Newsworthy 1

- don't go nearly far enough or fast enough.

For you, obviously not so for the voters. Of course, they must not matter.

#63 | Posted by Corky at 2020-06-25 01:03 PM | Reply

62

a batch of rightwingers? how many is that?

So, you're saying this site sucks so much nobody new would ever join and post?

It sucks that bad, in your opinion?

#64 | Posted by eberly at 2020-06-25 01:06 PM | Reply

"If they are getting $6,000/year in government assistance (electric, heat, food stamps, free medical, etc), it is equivalent to being paid $14/hour."

But that's an unfair comparison, since we don't routinely add the value of benefits like health insurance to one's "hourly" compensation, just like if your salary is $100K/yr, you wouldn't tell folks "$120K...after benefits and the employer's portion of payroll taxes are added".

#65 | Posted by Danforth at 2020-06-25 01:14 PM | Reply

"we now several weeks later have a new batch of rightwingers with different monikers saying the exact same types of things "

Ira Goldberg is running from his ludicrous claim of Trump's upcoming black vote.

#66 | Posted by Danforth at 2020-06-25 01:18 PM | Reply

"Charitable contributions alone are capped to 30% for most things you would donate to."

For ~95% of filers, their personal charitable contributions don't move the needle. With the Trump tax code, most of them could donate another $5000 and it still wouldn't move the needle.

#67 | Posted by Danforth at 2020-06-25 01:22 PM | Reply

"So, you're saying this site sucks so much nobody new would ever join and post? "

He's probably saying we rarely have newbies so comfortable with posting, especially ones with the exact same positions and phrasing as newly departed posters.

Have you noticed the...um...viewpoint similarities?

#68 | Posted by Danforth at 2020-06-25 01:24 PM | Reply

Of course Eberly notices it. He just doesn't want to acknowledge what big babies most of his fellow right-wingers who claimed to have abandoned this site really are.

#69 | Posted by moder8 at 2020-06-25 01:51 PM | Reply

"real wages WERE rising for the first time in decades"

Oh so wages were stagnant for decades.

Funny how you'll never just say "Wages in the bottom tier of the economy have been stagnant for decades."

#70 | Posted by snoofy at 2020-06-25 01:57 PM | Reply

If you claim to understand economics and still push for the mass hordes of illegals, you are a truly evil person.
#60 | POSTED BY STC_916

If you still think it's driven by politics but not corporate greed then you're truly an idiot.

BTW Mr Businessowner shouldn't you be working? Or is this how you spend your 60+ hours a week?

#71 | Posted by jpw at 2020-06-25 01:58 PM | Reply

"You guys are all echoes and can't tolerate dissent."

Fat talk, coming from a former poster who can't tolerate dissent to the point where he has to hide behind a new name.

#74 | Posted by Danforth at 2020-06-25 02:04 PM | Reply

Yeah. You guys are all echoes and can't tolerate dissent.

#72 | POSTED BY CALLMEBWANA

hardly

#75 | Posted by jpw at 2020-06-25 02:04 PM | Reply

Crazy spike in sock puppet accounts lately.

The conservative cry club must be dead.

#76 | Posted by ClownShack at 2020-06-25 02:07 PM | Reply

Yeah. You guys are all echoes and can't tolerate dissent.

#72 | POSTED BY CALLMEBWANA

hardly

#75 | POSTED BY JPW

LOL.

What rock did not his thing crawl out from under?

What a ding bat. Welcome! We love Ding Bats here.

Also. We are not Teapublicans.

We can't even agree with ourselves some days.

#77 | Posted by donnerboy at 2020-06-25 02:09 PM | Reply

conservative cry club
#76 | POSTED BY CLOWNSHACK

It was magnanimous of you to not give 'em the old "Spell it with the letter K" treatment!

#78 | Posted by snoofy at 2020-06-25 02:12 PM | Reply | Newsworthy 1

Have you noticed the...um...viewpoint similarities?
Yeah. You guys are all echoes and can't tolerate dissent.

#72 | POSTED BY CALLMEBWANA

When viewpoints are based on facts, they tend to be similar.

What intelligent posters can't tolerate is views based on #AlternativeFacts. If you didn't live in Make-Believe-Land, your views would be similar to more posters on here.

#79 | Posted by Sycophant at 2020-06-25 02:21 PM | Reply

...At these rates, I am pretty sure they are also receiving government assistance. So, they stated income should have this assistance added to it to reflect the reality of what they are earning. If the are getting $6,000/year in government assistance (electric, heat, food stamps, free medical, etc), it is equivalent to being paid $14/hour...
#28 | POSTED BY STC_916 AT 2020-06-24 10:22 PM | REPLY |

...What right do you have to any of my money?...
#31 | POSTED BY STC_916 AT 2020-06-25 12:07 AM | REPLY |

Would you mind reconciling these two statements? Self-retorting is the best kind of retorting.

#80 | Posted by The_Finn at 2020-06-25 02:31 PM | Reply

-Of course Eberly notices it

I haven't been here enough to notice anything. I just responded to your post.

Who are the sock puppet accounts besides STC?

Callmebwana is unfamiliar to me but that's not saying much.

And again.....this site sucks so bad nobody wants to come here besides the same old crowd of lefties all jerking each other off?

#81 | Posted by eberly at 2020-06-25 03:13 PM | Reply

Crazy spike = 2?

#82 | Posted by eberly at 2020-06-25 03:14 PM | Reply

"He's probably saying..."

Then let him say it.

#83 | Posted by eberly at 2020-06-25 03:16 PM | Reply

this site sucks so bad nobody wants to come here
#81 | POSTED BY EBERLY

And yet, here you are.

#84 | Posted by ClownShack at 2020-06-25 03:20 PM | Reply

I haven't been here enough to notice anything.
#81 | POSTED BY EBERLY

Crazy spike = 2?
#82 | POSTED BY EBERLY

Which is it Eb? You haven't been around lately or you been keeping a tally?

#85 | Posted by ClownShack at 2020-06-25 03:24 PM | Reply

-And yet, here you are.

That's not my opinion...I was asking if that's Moder8's opinion.

And my tally is from the posts on this thread since I first posted.

you're cute, shart.

#86 | Posted by eberly at 2020-06-25 03:27 PM | Reply

I was asking if that's Moder8's opinion.

That's not what I inferred from his post.

It was more along the lines of Danforth's #68.

you're cute, shart.
#86 | POSTED BY EBERLY

Thanks, Beverly.

For the record. I am still glad you post here.

#87 | Posted by ClownShack at 2020-06-25 03:52 PM | Reply

87

Thanks.....I'm not protesting.....I'm just very busy.

And I'm not sure Danforth nor really anybody else here who carries such a high disdain for a right-wing opinion can distinguish between one conservative viewpoint from another conservative viewpoint. They're all the same to most of you.

Which is why Danforth considers all the viewpoints similar. He doesn't even know the viewpoint of a new poster.....instead, it's ready, fire, aim.

But think about it........why are there seemingly very few new posters over the past 3 years.

It seems like the tenure of posters here is either 5+ years or brand new. And I'm talking about both sides.

#88 | Posted by eberly at 2020-06-25 04:23 PM | Reply

"distinguish between one conservative viewpoint from another conservative viewpoint."

^
We have both kinds, Country and Western!

#89 | Posted by snoofy at 2020-06-25 04:25 PM | Reply

"He doesn't even know the viewpoint of a new poster"

His viewpoint is abundantly clear, Eberly.

#90 | Posted by snoofy at 2020-06-25 04:29 PM | Reply

"Danforth nor really anybody else here who carries such a high disdain for a right-wing opinion..."

I don't have disdain for right-wing opinion. I have disdain for lies, idiot math, and Dunning-Krugers.

You're smart enough to know the difference.

#91 | Posted by Danforth at 2020-06-25 05:14 PM | Reply | Newsworthy 1

why are there seemingly very few new posters over the past 3 years.
#88 | POSTED BY EBERLY

I'm not sure about not getting new posters. I'm seeing new usernames here and there.

Lamplighter comes to mind as someone who joined a few years ago and has been a great contributor.

OCU as well.

I'm sure I'm forgetting others.

Politics are very personal to a lot of us and we defend our ideas and our worldview. The DR is no different.

Right wingers are just as vicious as left wingers.

They just happen to be on a liberal website. There are plenty of conservative websites were discourse is moderated much more strictly than it is here.

#92 | Posted by ClownShack at 2020-06-25 05:58 PM | Reply

I don't have disdain for right-wing opinion. I have disdain for lies, idiot math, and Dunning-Krugers.
You're smart enough to know the difference.

#91 | POSTED BY DANFORTH

They'll never bring themselves to acknowledge this.

That would mean acknowledging the abject failure their world view has turned out to be.

#93 | Posted by jpw at 2020-06-25 06:00 PM | Reply

It seems like the tenure of posters here is either 5+ years or brand new. And I'm talking about both sides.
#88 | POSTED BY EBERLY

I don't think there's been that big of a change in new users over the past three years.

It seems most new users sign up and then lurk. It's always a rarity for one to become active.

#94 | Posted by jpw at 2020-06-25 06:01 PM | Reply

I don't have disdain for right-wing opinion. I have disdain for lies, idiot math, and Dunning-Krugers.
You're smart enough to know the difference.
#91 | POSTED BY DANFORTH

I'm not so sure.
What's a right-wing opinion not rooted in lies, Republican math, or abject ignorance?

#95 | Posted by snoofy at 2020-06-25 06:53 PM | Reply

"Well, Bob" He continued "I've run some numbers on this"

What is this, the story of how Republican Math was invented?

Compensation for free workers included enough to pay for housing, food, medical care...and personal items like travel and leisure actives, as well as saving for old age. The Colonel was pretending housing, food, and medical care---all in bulk and at a minimum--costs the same as what free workers got.

Housing + Food + Medicine does NOT equal Housing + Food + Medicine + Travel + Leisure + Savings. That's not how math works.

#97 | Posted by Danforth at 2020-06-25 07:17 PM | Reply

"But that's an unfair comparison, since we don't routinely add the value of benefits like health insurance to one's "hourly" compensation
#65 | POSTED BY DANFORTH "

No, it isn't unfair. Add it to the guy making $100K, add in his benefits, BUT THEN SUBTRACT the state and federal income taxes they will actually pay which the guy making $17,000 does not.

Secondly, we typically are not getting cries for additional benefits at the hand of the government from the guy making $100,000 per year, we get constant wailing from those making $17,000.

Third, as I told EFFEMINATEPOSER, literally anyone can get a job at In-N-Out or Taco Bell and make $80-$120k/year as a manager after just a few years of actually showing up to their job every day. Or, they could do a plumber apprentice or carpenter apprentice program and make $40+/hr, again, after a few years of working.

They choose to bounce from job to job paying the same low wages and/or choose to be a poor employee whom the company will not promote.

#100 | Posted by STC_916 at 2020-06-25 09:19 PM | Reply

"No, it isn't unfair. "

Of course it is. You're measuring one as hourly pay, and the other as hourly pay plus all benefits, and then comparing the two.

#101 | Posted by Danforth at 2020-06-25 09:37 PM | Reply

STC sounds like a guy I ran into who was trying to tell me how to run my sideline.

Went off on all this stuff about how I could boost my business ways to cut corners on taxes etc. Finally I said yeah but I don't really want to do anything to get more customers. He looked at me like I was nuts. I said if you called me right now for an appointment do you know how long it would take me to get you on the schedule? Two weeks. He said oh well that's where we differ I would be like how's seven tonight? I said no I get that but then what do I tell the guy I already scheduled at 7 tonight, I mean poor guy has been waiting two weeks already. He gave me a blank look.

I mean I could quit my full time job and do my side hustle full time but I would net about the same and get to work 12 hours 6 days a week year round or keep doing what I'm doing and work 12 hours 6 days a week 5 months a year and 40 a week the rest of the year (with 3 weeks paid vacation and 2 weeks paid holidays a year. Sure in 5-10 years I would have employees and make more but it would still require 72 hours 52 weeks a year and what good is more money if you wake up one day at 60 and all you remember is 40 years of work and find yourself humming m.youtube.com . I make more than I need. I have savings, investments and equity. I guess I just don't understand the viewpoint of needing more money if you'll be too busy to enjoy it. It kinda feels like horders net worth edition.

#102 | Posted by TaoWarrior at 2020-06-25 09:40 PM | Reply | Newsworthy 1

" BUT THEN SUBTRACT the state and federal income taxes they will actually pay which the guy making $17,000 does not."

The guy making $17K pays both federal and state income taxes. And payroll taxes, which are more than federal income taxes for the vast majority of workers.

Why are you lying?

#103 | Posted by Danforth at 2020-06-25 09:43 PM | Reply

Also funny how you use in and out burger when that itself is basically how liberals are calling for all companies to be run.

You start out hourly, they pay to train you and all managers were formerly hourly employees. Their hourly rate starts above minimum wage and they provide benefits.

If every company treated their employees like in and out this thread wouldn't exist.

#104 | Posted by TaoWarrior at 2020-06-25 09:50 PM | Reply

"Also funny how you use in and out burger when that itself is basically how liberals are calling for all companies to be run.
#104 | POSTED BY TAOWARRIOR"

I like to use In-N-Out or Taco Bell as examples as it lays bare the liberal economic plan.

"You start out hourly, they pay to train you and all managers were formerly hourly employees. Their hourly rate starts above minimum wage and they provide benefits."

Exactly right. And you can replace burger flipping with plumbing, carpentry, etc. Same concept. If you are a decent worker, the company will train you and you have a chance to progress.

And this is where the system breaks down. Why do liberals find it so difficult to succeed under this system when conservative do not? There are 2 basic reasons.

1.) liberals are unable to even do simple tasks over a longer duration
2.) liberals do not understand supply and demand also applies to job functions

Liberals tend to get over-educated in fields with no economic value and then are unable to find job placement in their field. So, they become baristas rather than burger flippers or taco slingers because being a barista at Starbucks is 'cool' - despite the company offering a horrible career progression.

After 2-3 years, they inevitably become disenchanted at this corporate owned coffee chain where they have stagnant wages so they switch to a craft version offering the same or worse salary but that allows them to express themselves with multiple colored hair, tats, and piercings. Their old Starbucks jobs is then filled the new gender studies college grads.

"If every company treated their employees like in and out this thread wouldn't exist."

If what you was saying was true, then In-N-Out would be flooded with applications - as would plumbers, etc. They are not. Neither is CostCo. The reason is that liberals don't want a job that actually requires responsibility and work. They want a hand-out.

#105 | Posted by STC_916 at 2020-06-25 10:09 PM | Reply

"I would have employees and make more but it would still require 72 hours 52 weeks a year and what good is more money if you wake up one day at 60 and all you remember is 40 years of work and find yourself humming m.youtube.com . I make more than I need. I have savings, investments and equity. I guess I just don't understand the viewpoint of needing more money if you'll be too busy to enjoy it. It kinda feels like horders net worth edition.
#102 | POSTED BY TAOWARRIOR "

That is fine and dandy. But if your company lays you off, don't come crying for a handout as it was your decision not to take your career into your own hands. Nobody needs more money - until they do. An unexpected illness, an economic downturn, a family member needing help. At that point, don't cry that the system is unfair. It was your choice.

#106 | Posted by STC_916 at 2020-06-25 10:13 PM | Reply

I know a costco worker.

They are flooded with applications. aetna insurance for even part timers.

#107 | Posted by Alexandrite at 2020-06-25 10:13 PM | Reply | Newsworthy 1

"But if your company lays you off, don't come crying for a handout as it was your decision not to take your career into your own hands."

That's not how unemployment insurance works.

#108 | Posted by snoofy at 2020-06-25 10:16 PM | Reply

"They are flooded with applications. aetna insurance for even part timers.
#107 | POSTED BY ALEXANDRITE "

Now they are, the blue state governors have cratered the economy.

But prior to the pandemic, they could not find workers. Same as In-N-Out, same as Taco Bell. If you think In-N-Out offers a starting wage well above minimum wage out the goodness of their heart, you live in a fantasy world.

But this extends well beyond even these simple examples. Anyone could have chosen to move to the oil fields as a direct worker of support staff. But, people choose a comfy live and would rather live in poverty than actually move to where jobs are. Take the Great Depression - the Okies moved when there were no jobs. Why is the current generation so spoiled as the job needs to be handed to them and half automated before they can be bothered to get off their lazy asses?

At this point, I suggest circling the monuments in DC with work boots, seems to work similar to garlic with vampires when it comes to liberals.

#109 | Posted by STC_916 at 2020-06-25 10:28 PM | Reply

" Now they are, the blue state governors have cratered the economy.

But prior to the pandemic, they could not find workers."

costco has been that way, to my knowledge, for the past three years.

You're just making ---- up.

#110 | Posted by Alexandrite at 2020-06-25 10:47 PM | Reply

"You're just making ---- up.
#110 | POSTED BY ALEXANDRITE "

BS. Even now they are advertising for workers.

But if your friends have such a proven track record of being a POS employee that they are rejected by CostCo, then then need to go apply at Taco Bell. Sling tacos until they can make the jump or stay with their promotion program.

#111 | Posted by STC_916 at 2020-06-25 10:55 PM | Reply

costco doesn't advertise employement or commercials.

that's a third party company trying to farm information with fake applications.

You have no idea what you're talking about.

#112 | Posted by Alexandrite at 2020-06-25 10:57 PM | Reply

"#112 | POSTED BY ALEXANDRITE "

I admit that I have never worked for CostCo.

#113 | Posted by STC_916 at 2020-06-25 11:04 PM | Reply

Now they are, the blue state governors have cratered the economy

This sack of scht is still here lying?

#114 | Posted by jpw at 2020-06-25 11:25 PM | Reply

"we typically are not getting cries for additional benefits at the hand of the government from the guy making $100,000 per year"

Except favored rates for qualified dividends and long-term capital gains, inheritance laws, stepped-up basis, and a relative gain from redlining the poorer.

You don't have to clamor for benefits when you already enjoy them.

#115 | Posted by Danforth at 2020-06-26 01:45 AM | Reply | Newsworthy 1

"Except favored rates for qualified dividends and long-term capital gains, inheritance laws
#115 | POSTED BY DANFORTH"

Those are not asking anything from the government. That is the government taking less of what is already his. Please tell me you are smart enough to see the difference.

#116 | Posted by STC_916 at 2020-06-26 02:06 AM | Reply

" Those are not asking anything from the government."

Anyone who believes the wealthier aren't getting plenty from the government needs to pick up books on history and math.

For example, do the current inheritance laws favor those with money over those without? How about GRATs? And does redlining help the 100k worker or the minimum wage guy?

#117 | Posted by Danforth at 2020-06-26 02:13 AM | Reply

" That is the government taking less of what is already his."

Nonsense. The trust fund kid making $50,000 in dividends from Johnson and Johnson pays ZERO federal taxes. Meanwhile, the janitor profiting $50,000 from sweat of the brow labor pays over $10,000 in federal taxes.

#118 | Posted by Danforth at 2020-06-26 02:18 AM | Reply

Republican brats Danforth will always feel entitled
to their golden ribbon life. They can't help it that
90% of them were born with a silver spoon shoved up
their Arse, and have been raised to believe that all
the rest of us are the 'true takers' in life. When,
in truth, many of them are. It's always fascinated me
(from a psychological standpoint) how many of those with
the most, whine the loudest, when others refuse to sympathize
with their (luck of the draw) position in life.

It takes the rare rich man (i.e. a JFK or FDR) to be able to
step outside of their rich cloistered world, and to sympathize
with those whom have less, or who have to toil for a living.
And they blew JFK's head off for doing so.

#119 | Posted by earthmuse at 2020-06-26 05:40 AM | Reply

#106

Once again you display ignorance of the people you are interacting with here.

Unlike JPW I will elucidate you. I won't be laid off there are maybe 10 people in my entire metro area with my skills hence the 2 week time frame to get an appointment. Economic down turns actually help me since it's better to repair than replace when money is tight also specifically I do gas fireplace repair if your furnace goes out fixing your fireplace is cheaper than fixing your HVAC. 2008 I did a lot of that, houses were cold as crap inside people trying to survive with a blanket trapping heat in one room with a space heater until they found me. Unexpected illness? I have MS don't tell me about it. I currently live every day wondering if I'll be able to get out of bed the next. The equity in my house is enough I could sell and buy something with no mortgage, the savings are enough to live off 3 months while waiting for the house to sell which in my market if it takes 3 months I'm asking too much. Most houses sell in this neighborhood within a week of going on market, many go straight from "coming soon" to "under contract" bypassing "for sale". Family member illness not much worry I won't go into detail but direct family is under my insurance extended family for the most part is doing even better than me. So while yes it is possible for a chain of events to completely wipe me out the likely hood of that happening is as small as I can make it and heck it happened once before 16 years ago I bounced back once if I can work I can do it again.

I'm probably in a similar income bracket to you. The difference is I have lived everything from dirt poor to upper class during my life. I know how easy it is to get wiped out from personal experience. I also know what it is like to work in a job where you have more month than money. You might want to look up the "boots theory" when you are down our whole system works to keep you down. Making the system work better for everyone is good for the economy.

Fun fact I was on medicaid for 2 years because of MS, that finally got me the treatment I needed to get back to work again. You think I'm going to support your efforts to end benefits to the poor? I'll gladly pay more taxes if it could help one other person get to where I am now from where I was.

#120 | Posted by TaoWarrior at 2020-06-26 06:43 AM | Reply | Newsworthy 5

"it's better to repair than replace when money is tight also specifically I do gas fireplace repair if your furnace goes out fixing your fireplace is cheaper than fixing your HVAC."

That is actually a good sideline job, but having any job that is weather dependent is risky business.

"The equity in my house is enough I could sell and buy something with no mortgage, the savings are enough to live off 3 months while waiting for the house to sell which in my market if it takes 3 months I'm asking too much."

You need to have much more than 3 months in savings. In a scenario that is nationwide (like a pandemic), you are going to find that selling your house may become an impossibility. Don't assume that bad luck will only strike you - many times it strikes the country or your whole community. You need a minimum of 12 months of liquidity (not in stocks or bonds) at all times.

"I'm probably in a similar income bracket to you."

Maybe, but I doubt it.

"The difference is I have lived everything from dirt poor to upper class during my life."

I grew up lower working class.

"I also know what it is like to work in a job where you have more month than money."

I paid my own way all through school. No parental support. I have made many sacrifices to make ends meet including selling my own blood plasma 2x a week and foregoing a lot of things most consider necessities.

"Making the system work better for everyone is good for the economy."

Only works if you incentivize everyone to work. With the flood of illegals, I can understand low education, low skill people choosing to live off the government dole.

"You think I'm going to support your efforts to end benefits to the poor?
#120 | POSTED BY TAOWARRIOR"

I am not going to end any benefits for the poor. I want to create a system where no one needs them because there are decent US jobs and supply/demand works to lift wages by cutting off the hordes of illegals.

#121 | Posted by STC_916 at 2020-06-26 07:13 AM | Reply | Funny: 1

"They can't help it that
90% of them were born with a silver spoon shoved up
their Arse"

This could not be further from the truth. While, on average, conservatives have much higher incomes and net worth than liberals, it is not because they will born into wealth. The conservatives were just able to manage their lives better so that they were not stuck with crippling debt working as a barista because their gender studies degree did not work out.

"and have been raised to believe that all
the rest of us are the 'true takers' in life.
#119 | POSTED BY EARTHMUSE"

Do you receive more in government payments than you contribute? If so, you are a taker. Pretty easy to see who is who - with the Dems being giant takers. For example, I have never asked for you to contribute 1 dime in transfer payments to me. But you and your ilk whine incessantly how you want more of my money.

#122 | Posted by STC_916 at 2020-06-26 07:20 AM | Reply

Hey STC... Giant taker Dems gonna take over.
Gonna tax the rich, make them pay a fair share.

Stick that in your Golden Yacht and drown it...

The rich pay (as a percentage) far less than the working
man does. Unfair to say they pay more, because they have
more. What percent do they pay vs. the percent that the
working man does? THAT is the true measure. And something
like 70% of the rich inherit their wealth, I believe I read
in the Washington Post. So don't cry me a river about
Self-made Men. Our generation is no longer listening to that
argument.

Later Tater.

#123 | Posted by earthmuse at 2020-06-26 07:38 AM | Reply

"Gonna tax the rich, make them pay a fair share."

Dems keep it up the rioting and they will be paid in lead.

"The rich pay (as a percentage) far less than the working
man does."

50% of the country pays no federal income tax. That is a simple fact.

"And something
like 70% of the rich inherit their wealth, I believe I read
in the Washington Post."

I think you either need to brush up on your reading skills or become a more convincing liar because your story is straight up BS as you can see in my link below.

money.usnews.com
A 2017 survey from Fidelity Investments found that 88 percent of millionaires are self-made. Only 12 percent inherited significant money (at least 10 percent of their wealth), and most did not grow up in exclusive country club neighborhoods

#124 | Posted by STC_916 at 2020-06-26 07:48 AM | Reply

#105 | POSTED BY STC_916

I couldn't imagine going through life as such a smug simpleton.

#125 | Posted by jpw at 2020-06-26 10:02 AM | Reply

I make more than I need. I have savings, investments and equity. I guess I just don't understand the viewpoint of needing more money if you'll be too busy to enjoy it. It kinda feels like horders net worth edition.

#102 | POSTED BY TAOWARRIOR

I think this is the key disconnect between people like you and I and STC.

Last week this article popped up on my FaceBook feed.

www.cnbc.com

And all I can think is how sad a story that is. Dude is squandering the best years of his life to try and attain a number that's only enjoyable in his 50s or older.

It's a squandered life.

#126 | Posted by jpw at 2020-06-26 10:08 AM | Reply

"50% of the country pays no federal income tax."

That's because we've combined multiple social systems on the income tax form. We're using a different metric than when we were kids.

But as soon as you put welfare, child-rearing, and child-raising subsidies on the 1040, your conclusion skews.

Add that to the fact you're including the babies and the retired, and you point is moot, particularly since the vast majority of workers ( almost 70%) pay more in PAYROLL taxes over their work lives than they pay in INCOME taxes.

#127 | Posted by Danforth at 2020-06-26 10:27 AM | Reply

-It's a squandered life.

I think it completely lacks balance. I advise recent college grads to work hard and long hours while they have no spouse nor kids for 3-5 years because many aren't married yet anyway. Take the money and pay off college debt then you have a real chance at accumulating wealth once that's behind you.

But to continue at such a pace for longer than that? No way....I mean if someone really enjoys it, fine but not many have the stamina for that and there is no shame in that.

You can live to work for a while but learn to work to live at some point.

#128 | Posted by eberly at 2020-06-26 11:07 AM | Reply

You can live to work for a while but learn to work to live at some point.

#128 | POSTED BY EBERLY

I like that. Very succinct way to stating it.

That transition is a new one for me. Realizing how much I've missed by working working working. Hell, I've learned more about my city in the last year since my wife and I moved into our new house (were long distance before that) than I did the entire 8 years I lived here prior to that.

#129 | Posted by jpw at 2020-06-26 11:31 AM | Reply

#124

Millionaire isn't rich anymore.

#121

I know 3 months isn't enough but remember MS, 16 years ago my savings were wiped out and as recently as 5 years ago I was on Medicaid. So I am building back up. As I said I make more than I need so savings is growing slowly each week with huge jumps each winter.

More importantly though how would your one dimensional solution have helped me in the least? My problem wasn't lack of wages I was making decent money my problem was getting a chronic disease losing my ability to work and therefore my insurance, and eventually my ability to pay for healthcare as my savings vanished. So if we had 0 illegals back then I would have been in the same boat. A social safety net exists for a reason.

#130 | Posted by TaoWarrior at 2020-06-26 11:54 AM | Reply

"Dems keep it up the rioting and they will be paid in lead."

Yes we know you Deplorables are itching to shoot looters. Especially if they are black.

But I am curious. How did you determine the looters were "Dems"?

Looters, generally speaking, don't vote.

#131 | Posted by donnerboy at 2020-06-26 12:37 PM | Reply

"Do you receive more in government payments than you contribute? If so, you are a taker."

ExxonMobil and Amazon are takers.

Being a taker is what our most successful entrepreneurs and job creators do to succeed.

Notice the ridiculous double standard at work here. What's good when rich people do it is bad when poor people do it.

#132 | Posted by snoofy at 2020-06-26 06:35 PM | Reply

We all know that that asshat won't be near the action.

Just another keyboard warrior.

#133 | Posted by jpw at 2020-06-26 07:15 PM | Reply

Comments are closed for this entry.

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2020 World Readable

Drudge Retort