This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
I don't follow this, you strung together like 8 negatives
If business are closing because they can't find workers then the money already hit the general public
Or else the money isn't related to why they can't find workers
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
are YOU on the beer list?
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Powerpuppiesdrinking coffee in themountain cabinRegistered Userregular
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
It's not the long term that's a problem. It's the suddenly every single employee cost thousands more.
Because if Joe A that works as a cashier at target is making $35k in bumfuck Alabama, Joe B that works IT will need to be bumped up as well.
If they hadn't canceled the stagger minimum wage hike something like that would have worked out fine.
Ah! Key word ' suddenly.' I get you. You're saying even if we're better off after a change, there are smart and dumb ways to roll it out if you want to avoid a period of disruption and inefficiency and get right to the new normal
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
I don't follow this, you strung together like 8 negatives
Well pupps was referring to Alabama so I was able to translate by switching them to double negatives.
are YOU on the beer list?
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TavIrish Minister for DefenceRegistered Userregular
+5
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Powerpuppiesdrinking coffee in themountain cabinRegistered Userregular
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
Just to follow the chain of reasoning, why don't they then pay higher wages? If everyone has a new $35,000 then will the small businesses make more money and be able to afford to pay higher wages?
0
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syndalisGetting ClassyOn the WallRegistered User, Loves Apple Productsregular
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
Just to follow the chain of reasoning, why don't they then pay higher wages? If everyone has a new $35,000 then will the small businesses make more money and be able to afford to pay higher wages?
Small businesses will need to increase their gross to maintain whatever margin they had before the pay increase. This is solvable by:
1. Accepting lower margins because it was already way too profitable based on worker exploitation
2. Getting more customers because they have money to spend on their stuff
3. Increasing prices since people have more money to spend on their stuff
4. Reduce the workforce in order to retain profitability
People often assume that 1 is always the answer but there are a lot of real Small to Midsized businesses out there operating on rather thin margins, and the money will have to come from somewhere.
SW-4158-3990-6116
Let's play Mario Kart or something...
+5
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
Just to follow the chain of reasoning, why don't they then pay higher wages? If everyone has a new $35,000 then will the small businesses make more money and be able to afford to pay higher wages?
I'm in the same camp as Dewey that it's a temporary/sudden problem due to the increase, otherwise I'd agree. And Everyone doesn't have a new 35K, just people on unemployment, which was the majority of the entry level workforce because they all got laid off when the pandemic started.
Give everyone the money, absolutely. But that money should come from the government, and instead if a small business owner wanted to compete with that level of unemployment, they had to take out a PPE loan.
Which they should have done. A lot of those have been waived and forgiven for business that actually kept all their employees and paid them well during the pandemic.
So I guess the problem is greed? The shop owners that trusted the federal government, even during the end of the Trump administration, and used the PPE loans, are doing fine. The ones that just let everyone go to try and hold on cause they thought society was going to crumble, a lot of them are now fucked.
I guess we could just give the small business owners each a couple hundred grand now?
are YOU on the beer list?
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TavIrish Minister for DefenceRegistered Userregular
i'm looking at the beard subreddit before i get mine trimmed and man that place is hornier than porn subreddits
bonks everywhere
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TTODewbackPuts the drawl in ya'llI think I'm in HellRegistered Userregular
And since $35k is enough to live pretty comfortably here you couldn't just raise the base pay to $35k.
You'd have to raise it significantly higher.
Because why would I go to work for $40k when I can just play video games and eat hot pockets for $35k.
It'd make more sense if it was a place where 35k wasn't good money
Bless your heart.
+2
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SummaryJudgmentGrab the hottest iron you can find, stride in the Tower’s front doorRegistered Userregular
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
Just to follow the chain of reasoning, why don't they then pay higher wages? If everyone has a new $35,000 then will the small businesses make more money and be able to afford to pay higher wages?
Owners don't have that 35k, and their still-employed customers don't have that 35k...so, they'd have to raise prices, but most people don't have that increased income to support those prices, and it's just going to be a series of price shocks both to labor cost and customer price- raise, then lower immediately once COVID unemployment supplements end?
I'm generally very unimpressed by capital bitching about labor costs - Papa John's infamous gripe about "pizza will be 10cents more!" - but I can see in this case in low COL areas there's weirdness with labor liquidity, for lack of another term, and they'd really fuck up other stuff trying to address it
SummaryJudgment on
Some days Blue wonders why anyone ever bothered making numbers so small; other days she supposes even infinity needs to start somewhere.
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Powerpuppiesdrinking coffee in themountain cabinRegistered Userregular
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
Just to follow the chain of reasoning, why don't they then pay higher wages? If everyone has a new $35,000 then will the small businesses make more money and be able to afford to pay higher wages?
Small businesses will need to increase their gross to maintain whatever margin they had before the pay increase. This is solvable by:
1. Accepting lower margins because it was already way too profitable based on worker exploitation
2. Getting more customers because they have money to spend on their stuff
3. Increasing prices since people have more money to spend on their stuff
4. Reduce the workforce in order to retain profitability
People often assume that 1 is always the answer but there are a lot of real Small to Midsized businesses out there operating on rather thin margins, and the money will have to come from somewhere.
There are also a million capital letter Small and Midsize businesses that are catapulting or have catapulted their owners into the investment class. This argument falls immediately to a chart of real wages vs productivity over the last seventy years.
That said, my default assumption has always been 2. Businesses make more money when the average person in the community can afford an Xbox or a bike
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
Just to follow the chain of reasoning, why don't they then pay higher wages? If everyone has a new $35,000 then will the small businesses make more money and be able to afford to pay higher wages?
I'm in the same camp as Dewey that it's a temporary/sudden problem due to the increase, otherwise I'd agree. And Everyone doesn't have a new 35K, just people on unemployment, which was the majority of the entry level workforce because they all got laid off when the pandemic started.
Give everyone the money, absolutely. But that money should come from the government, and instead if a small business owner wanted to compete with that level of unemployment, they had to take out a PPE loan.
Which they should have done. A lot of those have been waived and forgiven for business that actually kept all their employees and paid them well during the pandemic.
So I guess the problem is greed? The shop owners that trusted the federal government, even during the end of the Trump administration, and used the PPE loans, are doing fine. The ones that just let everyone go to try and hold on cause they thought society was going to crumble, a lot of them are now fucked.
I guess we could just give the small business owners each a couple hundred grand now?
I think the problem is just that unemployment isn't a minimum wage and I misunderstood what you guys meant when you said everything would go under if "everyone were bumped up" to 35k.
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syndalisGetting ClassyOn the WallRegistered User, Loves Apple Productsregular
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
Just to follow the chain of reasoning, why don't they then pay higher wages? If everyone has a new $35,000 then will the small businesses make more money and be able to afford to pay higher wages?
Small businesses will need to increase their gross to maintain whatever margin they had before the pay increase. This is solvable by:
1. Accepting lower margins because it was already way too profitable based on worker exploitation
2. Getting more customers because they have money to spend on their stuff
3. Increasing prices since people have more money to spend on their stuff
4. Reduce the workforce in order to retain profitability
People often assume that 1 is always the answer but there are a lot of real Small to Midsized businesses out there operating on rather thin margins, and the money will have to come from somewhere.
There are also a million capital letter Small and Midsize businesses that are catapulting or have catapulted their owners into the investment class. This argument falls immediately to a chart of real wages vs productivity over the last seventy years.
That said, my default assumption has always been 2. Businesses make more money when the average person in the community can afford an Xbox or a bike
For consumer stuff, sure.
For things like call center services not so much. A phone support role is not going to be busier explicitly because of this, and what few of those things that still exist stateside, usually for small services companies like IT field services, forcing higher wages there only further leads businesses to offshore it because margins straight up suck in that line of work.
edit: keep in mind, I want wages to increase - the workers have been utterly screwed for many decades now. But if we can't figure out how the phase it in properly or try to doa one size fits all thing like the 15/hr thing... its going to cause some serious indigestion.
syndalis on
SW-4158-3990-6116
Let's play Mario Kart or something...
You just solve 1 by offering small businesses grants to cover the costs for paying people a sustainable wage
Cap the number of employees, force them to show their books/taxes, and phase it out after 1 year
And really the PPE stuff the Feds did was this. Anyone that wanted to keep all of their employees could. I hope my father in law writes a book on this because he kept his entire staff, gave them raises, and now post pandemic has one of the most successful print shops running in Nashville.
are YOU on the beer list?
+3
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Powerpuppiesdrinking coffee in themountain cabinRegistered Userregular
This is Alabama.
If you suddenly bumped everyone up to 35,000 permanently everything would probably go under.
Isn't this 100% false all the time because businesses make more money afterward because everybody has $35k to spend?
Not if the business literally closes it's doors before that money hits the general public.
Then they wouldn't be closing their doors because they can't find workers because the money disincentivized working, right? In this scenario why did they close?
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
Just to follow the chain of reasoning, why don't they then pay higher wages? If everyone has a new $35,000 then will the small businesses make more money and be able to afford to pay higher wages?
Small businesses will need to increase their gross to maintain whatever margin they had before the pay increase. This is solvable by:
1. Accepting lower margins because it was already way too profitable based on worker exploitation
2. Getting more customers because they have money to spend on their stuff
3. Increasing prices since people have more money to spend on their stuff
4. Reduce the workforce in order to retain profitability
People often assume that 1 is always the answer but there are a lot of real Small to Midsized businesses out there operating on rather thin margins, and the money will have to come from somewhere.
There are also a million capital letter Small and Midsize businesses that are catapulting or have catapulted their owners into the investment class. This argument falls immediately to a chart of real wages vs productivity over the last seventy years.
That said, my default assumption has always been 2. Businesses make more money when the average person in the community can afford an Xbox or a bike
For consumer stuff, sure.
For things like call center services not so much. A phone support role is not going to be busier explicitly because of this, and what few of those things that still exist stateside, usually for small services companies like IT field services, forcing higher wages there only further leads businesses to offshore it because margins straight up suck in that line of work.
edit: keep in mind, I want wages to increase - the workers have been utterly screwed for many decades now. But if we can't figure out how the phase it in properly or try to doa one size fits all thing like the 15/hr thing... its going to cause some serious indigestion.
No, your edit loses me. "For consumer services sure but not for IT call centers " doesn't make it to "serious indigestion" for me. We don't need to focus on making the number of small business owners who get screwed zero, just on making it small. You're discussing a minority of small margin business which are themselves a minority of businesses. Most of the problem is and has been for 50 years that businesses could pay higher wages and don't.
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TTODewbackPuts the drawl in ya'llI think I'm in HellRegistered Userregular
There are still PPE loans left people haven't grabbed.
Also I am bored looking at stuff. $35,000 is about $18 an hour. The median wage in Alabama is $17.43 across all jobs. You get some major high points (lawyers, engineers and such) and then like holy shit pre-school assisstants and teachers are $8.36 or something like that. Or fast food at $8.85. Ooof. That is still poverty in Alabama.
Overall though the shift in QoL is very interesting. And I am curious if businesses will adjust in the long run even though this kind of small try at UBIish money ends in September.
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TTODewbackPuts the drawl in ya'llI think I'm in HellRegistered Userregular
Im seeing an awful lot of economic policy here, but i'm not seeing any cats, you've all lost the light.
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Donkey KongPutting Nintendo out of business with AI nipsRegistered Userregular
while I agree that it's probably not great to have so many businesses collapsing, seeing the businesses that paid insulting wages closing shop with signs on the door from the entire staff announcing that they have quit has been very cathartic
whoops maybe you shouldn't have criminally underpaid your workers for decades while lobbying politicians to keep income inequality as high as possible because it permits you a nice unethical mix of cheap labor and paying customers.
Thousands of hot, local singles are waiting to play at bubbulon.com.
+9
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TTODewbackPuts the drawl in ya'llI think I'm in HellRegistered Userregular
the average income in NYC area is almost the same as the state of Alabama
but the cost of living is like 5x higher
Now that's some fucked up shit
Bless your heart.
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syndalisGetting ClassyOn the WallRegistered User, Loves Apple Productsregular
There are still PPE loans left people haven't grabbed.
Also I am bored looking at stuff. $35,000 is about $18 an hour. The median wage in Alabama is $17.43 across all jobs. You get some major high points (lawyers, engineers and such) and then like holy shit pre-school assisstants and teachers are $8.36 or something like that. Or fast food at $8.85. Ooof. That is still poverty in Alabama.
Overall though the shift in QoL is very interesting. And I am curious if businesses will adjust in the long run even though this kind of small try at UBIish money ends in September.
ok, dumb math time.
8.36*40*50 = 16,720 dollars. You pay less than 400 in federal tax on this, and then factor in SS, Medicare, state... and a low cost high deductible insurance for a single earner. Lets say you end up at 13,500/yr.
A 1 bedroom apartment in alabama will cost you ~ 8400/yr. This brings you to 5100 dollars.
Assuming 200/mo. for groceries, that's 2400/yr, bringing you to 2700.
So yeah, we haven't touched transportation, internet, phone or leisure spend at all and we are down to only a little over 200 a month. pre school assistant wages in AL is not a job that allows you to be self sufficient. You will need to have a roommate, or remain at home, or be in a relationship in order to make this job make any sense at all.
12 bucks an hour as a floor dramatically changes the math
SW-4158-3990-6116
Let's play Mario Kart or something...
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
We just need to make replicators so we don't need to buy things anymore and solve two problems at once. We can use trash and shit for the replicators to have material to fix pollution as well.
This zoom class I'm in has now been derailed because the presenter can no longer log in to the sites he's supposed to be using to teach us about, because the government VPN he has to use is having nationwide issues.
This class is offered only once a month now, and is a requirement to be able to purchase anything.
It was previously a flash-based online self-taught course that no longer works because there was no replacement for it once flash got EOL'd.
This zoom class I'm in has now been derailed because the presenter can no longer log in to the sites he's supposed to be using to teach us about, because the government VPN he has to use is having nationwide issues.
This class is offered only once a month now, and is a requirement to be able to purchase anything.
It was previously a flash-based online self-taught course that no longer works because there was no replacement for it once flash got EOL'd.
*cackles in software developer*
Tech debt is gonna make the next decade constantly hilarious.
There are still PPE loans left people haven't grabbed.
Also I am bored looking at stuff. $35,000 is about $18 an hour. The median wage in Alabama is $17.43 across all jobs. You get some major high points (lawyers, engineers and such) and then like holy shit pre-school assisstants and teachers are $8.36 or something like that. Or fast food at $8.85. Ooof. That is still poverty in Alabama.
Overall though the shift in QoL is very interesting. And I am curious if businesses will adjust in the long run even though this kind of small try at UBIish money ends in September.
ok, dumb math time.
8.36*40*50 = 16,720 dollars. You pay less than 400 in federal tax on this, and then factor in SS, Medicare, state... and a low cost high deductible insurance for a single earner. Lets say you end up at 13,500/yr.
A 1 bedroom apartment in alabama will cost you ~ 8400/yr. This brings you to 5100 dollars.
Assuming 200/mo. for groceries, that's 2400/yr, bringing you to 2700.
So yeah, we haven't touched transportation, internet, phone or leisure spend at all and we are down to only a little over 200 a month. pre school assistant wages in AL is not a job that allows you to be self sufficient. You will need to have a roommate, or remain at home, or be in a relationship in order to make this job make any sense at all.
12 bucks an hour as a floor dramatically changes the math
And this makes the assumption of 40 hours a week.
A lot of the lowest paying jobs (fast food, pre-school assistant, substitute teacher) are very much variable amounts of hours a week and many times less than 40 and many times less than 32 to avoid having to provide health insurance under Obamacare.
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
This zoom class I'm in has now been derailed because the presenter can no longer log in to the sites he's supposed to be using to teach us about, because the government VPN he has to use is having nationwide issues.
This class is offered only once a month now, and is a requirement to be able to purchase anything.
It was previously a flash-based online self-taught course that no longer works because there was no replacement for it once flash got EOL'd.
Yeah they're gonna have entire lesson plans in IT programs at colleges about Pulse VPN.
Posts
If business are closing because they can't find workers then the money already hit the general public
Or else the money isn't related to why they can't find workers
RE32 with 15' tall vampires coming 2023
In this scenario specifically, at least in Nashville with business owners I've spoken with, the temporary upgraded unemployment is paying out so well everyone is just (rightfully) choosing to stay home and deal with getting a job later, so the small business owners no longer have employees.
Ah! Key word ' suddenly.' I get you. You're saying even if we're better off after a change, there are smart and dumb ways to roll it out if you want to avoid a period of disruption and inefficiency and get right to the new normal
Well pupps was referring to Alabama so I was able to translate by switching them to double negatives.
Just to follow the chain of reasoning, why don't they then pay higher wages? If everyone has a new $35,000 then will the small businesses make more money and be able to afford to pay higher wages?
Small businesses will need to increase their gross to maintain whatever margin they had before the pay increase. This is solvable by:
1. Accepting lower margins because it was already way too profitable based on worker exploitation
2. Getting more customers because they have money to spend on their stuff
3. Increasing prices since people have more money to spend on their stuff
4. Reduce the workforce in order to retain profitability
People often assume that 1 is always the answer but there are a lot of real Small to Midsized businesses out there operating on rather thin margins, and the money will have to come from somewhere.
Let's play Mario Kart or something...
I'm in the same camp as Dewey that it's a temporary/sudden problem due to the increase, otherwise I'd agree. And Everyone doesn't have a new 35K, just people on unemployment, which was the majority of the entry level workforce because they all got laid off when the pandemic started.
Give everyone the money, absolutely. But that money should come from the government, and instead if a small business owner wanted to compete with that level of unemployment, they had to take out a PPE loan.
Which they should have done. A lot of those have been waived and forgiven for business that actually kept all their employees and paid them well during the pandemic.
So I guess the problem is greed? The shop owners that trusted the federal government, even during the end of the Trump administration, and used the PPE loans, are doing fine. The ones that just let everyone go to try and hold on cause they thought society was going to crumble, a lot of them are now fucked.
I guess we could just give the small business owners each a couple hundred grand now?
bonks everywhere
You'd have to raise it significantly higher.
Because why would I go to work for $40k when I can just play video games and eat hot pockets for $35k.
It'd make more sense if it was a place where 35k wasn't good money
Owners don't have that 35k, and their still-employed customers don't have that 35k...so, they'd have to raise prices, but most people don't have that increased income to support those prices, and it's just going to be a series of price shocks both to labor cost and customer price- raise, then lower immediately once COVID unemployment supplements end?
I'm generally very unimpressed by capital bitching about labor costs - Papa John's infamous gripe about "pizza will be 10cents more!" - but I can see in this case in low COL areas there's weirdness with labor liquidity, for lack of another term, and they'd really fuck up other stuff trying to address it
There are also a million capital letter Small and Midsize businesses that are catapulting or have catapulted their owners into the investment class. This argument falls immediately to a chart of real wages vs productivity over the last seventy years.
That said, my default assumption has always been 2. Businesses make more money when the average person in the community can afford an Xbox or a bike
Cap the number of employees, force them to show their books/taxes, and phase it out after 1 year
I think the problem is just that unemployment isn't a minimum wage and I misunderstood what you guys meant when you said everything would go under if "everyone were bumped up" to 35k.
For consumer stuff, sure.
For things like call center services not so much. A phone support role is not going to be busier explicitly because of this, and what few of those things that still exist stateside, usually for small services companies like IT field services, forcing higher wages there only further leads businesses to offshore it because margins straight up suck in that line of work.
edit: keep in mind, I want wages to increase - the workers have been utterly screwed for many decades now. But if we can't figure out how the phase it in properly or try to doa one size fits all thing like the 15/hr thing... its going to cause some serious indigestion.
Let's play Mario Kart or something...
And that is when it will get real interesting. There is little to no chance of another extension unless we get COVID 2.0 that ignores the vaccines.
And really the PPE stuff the Feds did was this. Anyone that wanted to keep all of their employees could. I hope my father in law writes a book on this because he kept his entire staff, gave them raises, and now post pandemic has one of the most successful print shops running in Nashville.
No, your edit loses me. "For consumer services sure but not for IT call centers " doesn't make it to "serious indigestion" for me. We don't need to focus on making the number of small business owners who get screwed zero, just on making it small. You're discussing a minority of small margin business which are themselves a minority of businesses. Most of the problem is and has been for 50 years that businesses could pay higher wages and don't.
I don't think we'll make any real progress towards permanent income overhauls until the temp stuff is gone.
Also I am bored looking at stuff. $35,000 is about $18 an hour. The median wage in Alabama is $17.43 across all jobs. You get some major high points (lawyers, engineers and such) and then like holy shit pre-school assisstants and teachers are $8.36 or something like that. Or fast food at $8.85. Ooof. That is still poverty in Alabama.
Overall though the shift in QoL is very interesting. And I am curious if businesses will adjust in the long run even though this kind of small try at UBIish money ends in September.
The end is neigh
It was horses all along
Argument solved. You’re welcome.
Two men enter, one man leaves with a job.
whoops maybe you shouldn't have criminally underpaid your workers for decades while lobbying politicians to keep income inequality as high as possible because it permits you a nice unethical mix of cheap labor and paying customers.
but the cost of living is like 5x higher
Now that's some fucked up shit
ok, dumb math time.
8.36*40*50 = 16,720 dollars. You pay less than 400 in federal tax on this, and then factor in SS, Medicare, state... and a low cost high deductible insurance for a single earner. Lets say you end up at 13,500/yr.
A 1 bedroom apartment in alabama will cost you ~ 8400/yr. This brings you to 5100 dollars.
Assuming 200/mo. for groceries, that's 2400/yr, bringing you to 2700.
So yeah, we haven't touched transportation, internet, phone or leisure spend at all and we are down to only a little over 200 a month. pre school assistant wages in AL is not a job that allows you to be self sufficient. You will need to have a roommate, or remain at home, or be in a relationship in order to make this job make any sense at all.
12 bucks an hour as a floor dramatically changes the math
Let's play Mario Kart or something...
This class is offered only once a month now, and is a requirement to be able to purchase anything.
It was previously a flash-based online self-taught course that no longer works because there was no replacement for it once flash got EOL'd.
*cackles in software developer*
Tech debt is gonna make the next decade constantly hilarious.
And this makes the assumption of 40 hours a week.
A lot of the lowest paying jobs (fast food, pre-school assistant, substitute teacher) are very much variable amounts of hours a week and many times less than 40 and many times less than 32 to avoid having to provide health insurance under Obamacare.
Yeah they're gonna have entire lesson plans in IT programs at colleges about Pulse VPN.
I liked the show so much I did a free trial on comixology so I could read it
and then I got to like issue 50 and they stopped doing it for free, so I bought the other two compendiums. It's really good!