all 25 comments

[–]Canbot 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (0 children)

We are entering a hyperinflationary spiral and the Unions are responsible to keep wages in line with that. Every company will be using this opportunity to screw over workers by raising prices and cutting pay and benefits. They are looking forward to high unemployment to restructure thier labor costs. It is more important now than ever that we stand with workers and not let the coming corporate propaganda turn workers against each other.

[–]iamonlyoneman 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (12 children)

once again labor unions pissing in the pot until they make themselves so odious they have to be regulated-away.

A 24% raise is unreasonable in literally any context. I'd say I hope they get their shit stuffed but Biden is likely to impose some shit-for-brains for this stuff and give an "agreement" nobody likes.

[–]Canbot 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (11 children)

Inflation is skyrocketing and shipping costs have out paced inflation for over 15 years, to the tune of double the rate of inflation. The shipping companies are raising thier rates accordingly, and it is far more than 24%. Some businesses are reporting that thier shipping costs are up 400%.

Frankly you have no idea what you are talking about and are simply shocked by a number you don't understand. When the minimum wage went up it was hiked nearly 100% over night. Wage increases are far more complex and contextual than you seem to realize.

[–]iamonlyoneman 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (9 children)

Allow me to reiterate:

A 24% raise is unreasonable in literally any context

if someone is so retarded they think they need that to cover any raises they missed out on, that's their own dumbass fault for staying in a job that doesn't take care of them

[–]Canbot 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (8 children)

If you think that a 24% raise is unreasonable when cost of living has gone up 100% in one year, property has gone up 200%, and your companies profits are up 300%, then frankly you are retarded. You obviously don't understand the concept of inflation.

[–]iamonlyoneman 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (7 children)

People who think inflation is a function of prices . . . don't understand inflation.

Cost of living (CPI) has gone up about 8% YOY

Property (OER) is up about 5% YOY

These exaggerations to the extreme make you sound stupid.

[–]Canbot 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (6 children)

Prices are a function of inflation. Wages should rise in line with prices. They should be pegged. But they aren't. There is no limit to increases in prices therfore there should be no limit to wage increases. In fact to be fair wages should increase more due to efficiency improvements.

Any claim that wage increases are not fair without including in that argument the increases in profits is nothing short of propaganda. Workers deserve fair compensation and forcing them to take pay cuts due to inflation is not fair.

[–]iamonlyoneman 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

wages should rise

WRONG. Inflation should deflate. Congress and the President should spend less. Fiat money is stupid, but it's stupider when people keep electing fools.

[–]Canbot 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

That's not how any of this works. The money has already been printed and distributed. Inflation is already on the rise. It is nothing short of idiotic to not react accordingly with the excuse that you think all of reality should be different. Absolutely idiotic.

[–]iamonlyoneman 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

the government could stop spending more money than it takes in right now today.

[–]Canbot 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Government spending is a nebulous term that is too broad to mean anything valuable. You can't put schools and roads into the same category of spending as the multi trillion dollar bailout packages handed out to banks and cronies.

The problem is the bailouts specifically. Bankers and business tycoons doubled the money supply and stole it all. They essentially robbed the rest of the country of half it's wealth.

[–]Alienhunter 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yeah they'll have a worse issue than a strike if they don't pay their workers enough to live, since they'll eventually all quit.

[–]RACHEL_THECOW 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (6 children)

If the economy crashes, I am fine with that.

I will enjoy the volatility in the trading markets

[–][deleted] 2 insightful - 3 fun2 insightful - 2 fun3 insightful - 3 fun -  (1 child)

Yeah the markets should crater this fall, but only very briefly until the next senseless, insane bull run.

[–]monkeymagic 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

[–]grassfed 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (3 children)

Buy AMD

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

It has a gap at $60.

[–]RACHEL_THECOW 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (1 child)

I am a 4x junkie.

[–]grassfed 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

Thot

[–]grassfed 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

😡

[–]Canbot 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Unions, always the double edged sword; it can cut the employer or cut the employees, but usually it does both at once.

[–]RuinedSpiral 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The workers are getting screwed for sure. I wish them the best of luck. Owners are greedy scum. That being said . . .

There’s no way they reach a deal by Friday. The strike will happen and it will drag on for months. Prices will skyrocket during the strike and probably will remain high afterwards because whatever concessions ownership makes will be made up money wise by raising shipping costs because the owners are greedy fucks obsessed with profits. Brain dead takes from left-leaning people I know will proliferate, and I will lose respect for a lot of them. These will be responded to with equally brain dead takes from right-leaning people I know, and I will lose respect for a lot of them, too. Biden will do something stupid that doesn’t fix anything and the Republicans will respond with some bullshit that makes things worse. Hell, whatever the Democrats come up with will probably make things worse, too, who am I kidding? They’ll be shortages of all kinds of products and good people will suffer.

This is like the fourth or fifth thing like this to come along since 2020, and I am just so very, very tired. I just can’t take it anymore and it’s really starting to effect my mental well being. I just want it to stop.