State of the Union 2024

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MrSquished

Lifer
Jan 14, 2013
25,901
24,231
136
What I'm getting at is, if the average worker at a steel mill gets a 3% wage every year, that doesn't magically become a 7% wage because inflation went up 4% that year. It stays at 3% and the steel worker is working for 1% cheaper or whatever.

Sure some competitor may have to pay 4% more to get new hires, or maybe not because maybe that particular industry has wage stagnation going on and instead their 4% got sucked into some bullshit stat on MBAs at startups vampiring govt subsidies and getting massive payouts instead.

That's the trouble with statistics, they can lie like a motherfucker if you summarize them.

Real wages are measured against inflation and the costs of living. It's pretty complex taking into account all the numbers, and it's easy to fuck up. Real wages have essentially been stagnant at best over the last few decades for anybody but the wealthy. This is still true today. Don't think it includes productivity and things like that though.
 
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ivwshane

Lifer
May 15, 2000
33,252
16,572
136
Ah here's the part where everything is Manchin's fault

You can blame democrats for all of them not being 100% in line but I prefer to blame the party where compromise isn’t allowed and obstruction is the preferred tool.

I don’t know about you but prefer opposing parties to work with each other and where ties go to the majority as opposed to nothing getting done because both parties are entrenched in their views.
 
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MrSquished

Lifer
Jan 14, 2013
25,901
24,231
136
Yeah I know, I've considered it. It's a depressing thought because I actually like my job, and I'm lucky enough to be remote which is necessary for my current life arrangement, and it may be difficult to replicate. It's not off the table, it's just fucking stupid to be forced to consider it imho.

And here I thought you were anti-capitalist for a minute. Turns out you are just a sensible human being about the world around you.
 

eelw

Lifer
Dec 4, 1999
10,215
5,323
136
Interesting. One of his former speech writers, to control his stuttering, he places ticks to know when to pause and take a breath.
 

Muse

Lifer
Jul 11, 2001
40,145
9,764
136
So, the Republican response came on. The youngest senator, a 42 year old up and commer from Alabama, mother of two, wearing a crucifix on her neck. I did not want to hear a single word, and didn't. Then they wanted to tell me Trump's response. Before I heard a single word of that I turned off the set. That guy is 100% poison hyperbole lies.
 

fskimospy

Elite Member
Mar 10, 2006
87,386
54,042
136
Lots of ad libs in the speech from feeble sleepy Joe who can’t remember his name.

Pretty amazing. Did you see him make Miss Lindsay laugh?
It is sort of fun to see them (yet again) trying to decide if Biden is a demented old grandpa or if he’s this raging, maniacal dictator.
 

Jaskalas

Lifer
Jun 23, 2004
35,176
9,337
136
So to be clear you think it would be better if we were all poorer but more equal?
Struggling with separating your line of thinking from Republican mantra of paying the rich (CEOs) more. For them to siphon more. To... trickle down.

It DOES matter how much wealth the workers have.
And from any objective measure I know, workers have FAR LESS wealth today than in the two decades following WW2.
And it has kept getting worse decade by decade since the 70s.

You must be using some other metric that you do not explain.
But it is not one that is keeping food on the table and roofs over heads. For my entire life the American people have been losing that.

 
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MrSquished

Lifer
Jan 14, 2013
25,901
24,231
136
Lots of ad libs in the speech from feeble sleepy Joe who can’t remember his name.

Pretty amazing. Did you see him make Miss Lindsay laugh?

Biden looked great tonight. He is good for a few well-planned set pieces and an occasional off the cuff remark.

Unfortunately in the reality of the world, life is not just a set of well-planned set-pieces. There are times I see him and I'm like 'he still has it oh wait man he does look shitty'. He is my guy so I definitely try to gloss over some of his missteps, but then I have to face it, he is a weak candidate overall. The polls show it too. Not the NY times polls, but his literal approval polls.

But he had to do well tonight and he nailed that very well. Good on him.
 

ivwshane

Lifer
May 15, 2000
33,252
16,572
136
Yeah I know, I've considered it. It's a depressing thought because I actually like my job, and I'm lucky enough to be remote which is necessary for my current life arrangement, and it may be difficult to replicate. It's not off the table, it's just fucking stupid to be forced to consider it imho.

It is but people like you are why it continues to happen. If companies no longer had a core set of reliable and loyal employee base they’d have to compete and wages would have to go up. Hell, the whole reason wages have been increasing the last few years is because there are less workers, which means more competition to attract the available workers.

At the very least you should be looking at outside job postings and looking at what you can get and ask for a raise. However that really requires you to be committed to leaving if necessary. There is no loyalty to workers anymore so why would you be a loyal worker?
 

[DHT]Osiris

Lifer
Dec 15, 2015
16,843
15,880
146
And here I thought you were anti-capitalist for a minute. Turns out you are just a sensible human being about the world around you.
Oh don't get me wrong, I'm anti-capitalist, probably more than most. But I've got more than my own life to consider so I can't go all Rorschach without living a double life.
 

fskimospy

Elite Member
Mar 10, 2006
87,386
54,042
136
Struggling with separating your line of thinking from Republican mantra of paying the rich (CEOs) more. For them to siphon more. To... trickle down.

It DOES matter how much wealth the workers have.
And from any objective measure I know, workers have FAR LESS wealth today than in the two decades following WW2.
And it has kept getting worse decade by decade since the 70s.

You must be using some other metric that you do not explain.
But it is not one that is keeping food on the table and roofs over heads. For my entire life the American people have been losing that.

To me the sum total of human prosperity is the point. If ‘trickle down’ economics actually worked by providing superior outcomes for everyone I would support it. The problem is it doesn’t.

That doesn’t change the fact that the material living conditions for the average American today are vastly better than in the 70s. It’s just a fact.
 
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ivwshane

Lifer
May 15, 2000
33,252
16,572
136
Struggling with separating your line of thinking from Republican mantra of paying the rich (CEOs) more. For them to siphon more. To... trickle down.

It DOES matter how much wealth the workers have.
And from any objective measure I know, workers have FAR LESS wealth today than in the two decades following WW2.
And it has kept getting worse decade by decade since the 70s.

You must be using some other metric that you do not explain.
But it is not one that is keeping food on the table and roofs over heads. For my entire life the American people have been losing that.


He’s talking about all wages not hourly pay.
 

MrSquished

Lifer
Jan 14, 2013
25,901
24,231
136
Oh don't get me wrong, I'm anti-capitalist, probably more than most. But I've got more than my own life to consider so I can't go all Rorschach without living a double life.

I'm anti-the capitalism we have going on right now as well, but I am not anti-capitalist, in that I think there are some fundamentals in capitalism that need to be part of a modern society, but within a framework of socialist goals at the same time.
 
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[DHT]Osiris

Lifer
Dec 15, 2015
16,843
15,880
146
It is but people like you are why it continues to happen. If companies no longer had a core set of reliable and loyal employee base they’d have to compete and wages would have to go up. Hell, the whole reason wages have been increasing the last few years is because there are less workers, which means more competition to attract the available workers.
Not necessarily, some places just keep a job opening available for some low-wage shitheel until it's eventually filled by someone wholly unqualified for the position. Maybe the service quality goes down, maybe more people leave, maybe someone notices and kicks off a 6mo review process, maybe changes are made where some services get shunted to a different service provider at a rate of .7 FTE's, lower quality of service gets normalized over a few years, service degrades further, until you settle at the bottom of a morass of terrible quality until some event takes place (someone takes command that gives a shit, a cryptolock happens, uni requires an insurance policy that dictates higher requirements) and THEN, after a decade, more funds are discovered as available for employee compensation.
 

MrSquished

Lifer
Jan 14, 2013
25,901
24,231
136
Not necessarily, some places just keep a job opening available for some low-wage shitheel until it's eventually filled by someone wholly unqualified for the position. Maybe the service quality goes down, maybe more people leave, maybe someone notices and kicks off a 6mo review process, maybe changes are made where some services get shunted to a different service provider at a rate of .7 FTE's, lower quality of service gets normalized over a few years, service degrades further, until you settle at the bottom of a morass of terrible quality until some event takes place (someone takes command that gives a shit, a cryptolock happens, uni requires an insurance policy that dictates higher requirements) and THEN, after a decade, more funds are discovered as available for employee compensation.

Yep. In general real worker pay has stagnated, productivity has drastically increased, we are also more tethered to our jobs at all hours due to advancements in technology, housing prices are the most unaffordable ever, while corporate profits have soared and the wealth share of the wealthy has done nothing but increase to untenable levels completely shadowing everybody else under them...

But this is the best it's been so stfu!
 

Muse

Lifer
Jul 11, 2001
40,145
9,764
136
Not mine. People who think we have a good economy like the Democrats are preaching are out of touch with being working class in America and the GOP has successfully conned Americans into believing that they're the more trustworthy of the two shit parties economically. I think Biden's going down.
Well, you're in Texas. Asshole "leaders," incredibly anti-female restrictive reproductive legislation. Hypocritical authoritarian and cowardly law enforcement. Getting you down?

I mean you live in Texas, no surprise that your republican run economy sucks. I’m far better off in my democratic utopia than four years ago.

Right. Same here.
 
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Zorba

Lifer
Oct 22, 1999
15,613
11,254
136
Who said you have to think we live in a Utopia to be able to recognize that capitalism has run amuck, that economic benefits have not kept up to the costs of living OR EVEN CLOSe,
But the data disagrees with you. You can say it isn't enough or as much as you want. But real wages are up. Yes, not for everyone, but in aggregate.
 

Muse

Lifer
Jul 11, 2001
40,145
9,764
136
My grocery bill largely remains the same as it has been in the past - a few things are slightly more expensive, but their prices have stabilized, and I really haven't noticed a big change in spending. But in this awesome economy, I went out and got myself a new job paying 25%+ more (and avoided some layoffs at my old place to boot); and my investments are doing fantastically. This Biden economy is awesome.

Some people just want to live in miserable vibe-land. It's all vibes based on what their friends and social media are feeding to them.
Yes, and if you ask someone if they think Joe Biden is too old to be president, what do you think they are going to say? It doesn't matter a rat's ass what they say. What matters is who they vote for.
 

Zorba

Lifer
Oct 22, 1999
15,613
11,254
136
You can ask a million times if you want and I'll tell you to fuck off while you keep pretending housing isn't a nightmare for working class people right now.
So just to make it clear, you can't point to any time the economy was better than today, but you are still going to bitch about it.

I will say something Trump did right, the day he was elected he just started talking about the how great the economy was and everyone believed it. We have a better economy today and everyone thinks it's 2009 again or worse.
 
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Muse

Lifer
Jul 11, 2001
40,145
9,764
136
Go fuck yourself. Inflation isn't from COVID, it's from corporate profiteering from how little competition there is thanks to all the mergers and buyouts that are allowed to take place. It's the kind of planned economy they used to warn us about in school with the socialist boogeyman but caused by capitalism.
You're deluded. The pandemic was the basic reason for the inflation spike we've been coming down from.
 
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SteveGrabowski

Diamond Member
Oct 20, 2014
8,643
7,266
136
Well, you're in Texas. Asshole "leaders," incredibly anti-female restrictive reproductive legislation. Hypocritical authoritarian and cowardly law enforcement. Getting you down?
If I knew I could be secure in my remote job I'd probably move the fuck out to rural Montana or somewhere along the 395 in Cali, but with urban housing prices what they are these days moving somewhere desirable feels pretty unattainable unless I moved to an even worse shithole like Phoenix. Though I have family here and like going to Spurs games too (Wemby's a monster).
 

Zorba

Lifer
Oct 22, 1999
15,613
11,254
136
Know what fun thing happens when we're poorer but more equal? You can buy blueberries for less than $7/6oz from fucking Tops, because if you charge that much nobody will ever buy it.
Holy shit, I bought them for $5.50/18oz this weekend (I go through 3 18oz packs a week by myself, I basically never pay more than $6 for them). Maybe you need to find a new grocery store. Price inflation is easy when consumers don't adjust their spending habits in response to price gouging.
 

SteveGrabowski

Diamond Member
Oct 20, 2014
8,643
7,266
136
You're deluded. The pandemic was the basic reason for the inflation spike we've been coming down from.
Nonsense. It's largely corporate profits increasing while having the media push BS about supply chains nonstop to manufacture consent for the increased prices.
 
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