People with degrees making 13 bucks an hour

SNBthetrue · Dec 7, 2009

Quote from el pollo:

Coke was sold in 32 & 64oz plastic bottles during the 70's up until the 80's, as well as the smaller glass bottles!

thx

el pollo · Dec 7, 2009

Quote from gwb-trading:

Which leaves the only industries left in the U.S. as retail and service.... paying an average of $10 to $13 per hour.... not a very optimistic future.

You can get a $50K job in healthcare if you have a little training, not great but better than flipping burgers or restocking shelves @ Loews.

Scataphagos · Dec 7, 2009

Quote from Misthos:

"... That's 250 million people....and many of them would be happy working for 10 dollars a day.

That is the "elephant in the room" which we are trying to ignore and to which we've yet failed to adjust.

SNBthetrue · Dec 7, 2009

Yeah I really feel strange that ( without offense ) the people that the MsM sees as ennemy, they aren't in it... why?

number22 · Dec 7, 2009

Quote from noob_trad3r:

wont globalization over time mean a drop in wages to a mean of sorts and prices as well?

prices stayed kind of high in the us because of cheap credit and people charging it.

In theory, it is, but, in reality, government and unions have influence on wages if private sector can not.

Back in 70s, average teacher made just little under 10k per year, now, every entry level teacher are making about 40k.

noob_trad3r · Dec 7, 2009

Quote from number22:

In theory, it is, but, in reality, government and unions have influence on wages if private sector can not.

Back in 70s, average teacher made just little under 10k per year, now, every entry level teacher are making about 40k.

Like they did with GM?

PPT · Dec 7, 2009

It just dawned on me that there are too many people on this planet.

I could wake up anyday and fire about 7 people, but then that would affect my bottom line.

i just like the fact that most people are afraid, not hungry, weak minded, and extremely non-confrontational.

so i continue to walk over them, and pay them little.

the gov't pacifies you with debt, marriage, etc....

and then i beat you down more

and then the gov't takes all my money

good times

crgarcia · Dec 7, 2009

Quote from noob_trad3r:

Well if a man earns a dollar a day you can't sell him a 10 dollar steak.

wont globalization over time mean a drop in wages to a mean of sorts and prices as well?

prices stayed kind of high in the us because of cheap credit and people charging it.

but cheap credit is going away.

Agree

Widespread credit also created a lot of unfair business competition.

In some business nobody would risk his hard earned money to open a business in too competed fields.
But with credit, they open the business, ruin themselves AND the competition.

crgarcia · Dec 7, 2009

Quote from gwb-trading:

Which leaves the only industries left in the U.S. as retail and service.... paying an average of $10 to $13 per hour.... not a very optimistic future.

So sad but so true.

number22 · Dec 7, 2009

Quote from noob_trad3r:

Like they did with GM?

You know why would Nazi Germany invade other countries in Europe in 1930s, to guarantee its citizen full employment. plus outrageous social benefits to its citizen at that time(except Jewish, of course). In fact, Nazi had blamed on Jewish to begin with its social programs. You will hear and see this kind of blames games going on here in American.

Governmental influence on private business is very bad thing, but you can't fight with governments. it will crash you before it will admit its wrong doing, if it will ever do that, you will be long died, died on your children futures.