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Post Reply Millennials like myself are screwed
2496 cr points
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28 / M / Baton Rouge, Loui...
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Posted 12/15/15
when were we not ever screwed?

seems like nothing goes right now'days

but y'know, we keep breeding into this crappy lifestyle so our kids can suffer too.

or something like that.
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24 / M / USA
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Posted 12/15/15

netdisorder wrote:


biscuitnote wrote:

I happened across this today. It looks like millennials have it worse than I thought. You can't live on 19K a year, which is what the average millennial in my state earns according to this source.

No wonder they all want to stay in their parents basement and hope for a communist revolt.

http://www.attn.com/stories/4570/millennial-income-in-america


Yep, you're screwed. You can thank your baby boomer parents.


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13 / F / California
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Posted 12/15/15

biscuitnote wrote:


netdisorder wrote:


biscuitnote wrote:

I happened across this today. It looks like millennials have it worse than I thought. You can't live on 19K a year, which is what the average millennial in my state earns according to this source.

No wonder they all want to stay in their parents basement and hope for a communist revolt.

http://www.attn.com/stories/4570/millennial-income-in-america


Yep, you're screwed. You can thank your baby boomer parents.




LOL
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Hoosierville
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Posted 12/15/15

biscuitnote wrote:


Shukuzen wrote:

Weren't you the one going on about how the pay-increase for certain low income workers was a bad thing? and yet you post something like this?




Raising min wage won't fix anything... The problem is we have too many workers and not enough jobs. As long as we ship high paying manufacturing jobs over seas our economy will be shit. The city I live in is kept alive by a couple large manufacturers. If they went under the whole town would lose its high paying jobs and the whole town would be struggling.

If you want to change how much people are paid use the laws of supply and demand then make laws to modify that. If you increase the demand for workers companies will pay workers more money to try to retain them. If you decrease the demand for workers by moving production overseas then workers wages fall. It's as simple as that.
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24 / M / USA
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Posted 12/15/15

Rujikin wrote:


biscuitnote wrote:


Shukuzen wrote:

Weren't you the one going on about how the pay-increase for certain low income workers was a bad thing? and yet you post something like this?




Raising min wage won't fix anything... The problem is we have too many workers and not enough jobs. As long as we ship high paying manufacturing jobs over seas our economy will be shit. The city I live in is kept alive by a couple large manufacturers. If they went under the whole town would lose its high paying jobs and the whole town would be struggling.

If you want to change how much people are paid use the laws of supply and demand then make laws to modify that. If you increase the demand for workers companies will pay workers more money to try to retain them. If you decrease the demand for workers by moving production overseas then workers wages fall. It's as simple as that.


Well said its a shame all the liberals on here want to let in foreign hordes which will lower wages
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17 / M / United States
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Posted 12/15/15 , edited 12/15/15

Nekoshema wrote:You could get higher minimum wage but everything else will go up. Enjoy going to a fast food restaurant and having a burger for 1$? Well, if the workers are demanding a raise, that eats into profits, so your 1$ burger is now 2$.


That's 100% true. If said burger joint is only taking in one customer per employee per hour. There is a dull period in the day but with lunch rush and people eating out, that increase would only be a few dimes at the most. Not to mention that since people on the very low end of minimum wage (who are making barely enough for basic needs) now have extra spending money with which they can stimulate the economy. Check engine light on? They can now go get it checked, which gives more money to said business, which in turn allows them to put it back into the business or give to the employees (who will then stimulate the economy more.) For the first year or two it may seem like it would get worse (people would get laid off, among other things), but the people who weren't will have spending money and use it. Now businesses are getting more customers and making more profits and need more employees to balance that, meaning more people would be employed. Meaning that even more people have spending money. The best way to strengthen the economy is to do so from the bottom. If the Rich (ceo's, etc.) have that extra money it usually goes straight into a saving's account or an offshore investment, which does nothing to help the economy, whereas the bottom will actively spend that money, which will eventually rich the top. Everyone wins.


Rujikin wrote:

Raising min wage won't fix anything... The problem is we have too many workers and not enough jobs. As long as we ship high paying manufacturing jobs over seas our economy will be shit. The city I live in is kept alive by a couple large manufacturers. If they went under the whole town would lose its high paying jobs and the whole town would be struggling.

If you want to change how much people are paid use the laws of supply and demand then make laws to modify that. If you increase the demand for workers companies will pay workers more money to try to retain them. If you decrease the demand for workers by moving production overseas then workers wages fall. It's as simple as that.


What I said above create's more demand for workers. It's just not instant.
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