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Enderzero
Jun 19, 2001

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I'm just glad we can use a naive youth to continue defending the system that is re-proletarianizing the vast majority of people in this country. It's great that we can use examples like sisters with PHDs who had to struggle way too hard to make it in life to defend this state of affairs instead of reading it as the indictment of our current system that it is. Had wages kept up with productivity since the 60s perhaps that outsized struggle wouldn't have been necessary, but never mind, let's use these examples to show how it's ok that people are drowning - it's definitely not analogous to insane arguments like "hey this black person became an unqualified success so anyone can do it! Everything's as it should be. Just work harder."

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Enderzero
Jun 19, 2001

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Liquid Penguins posted:

nah I work in a corporate office at a very profitable company because I have good work ethics and don't aspire to write memes on twitter and be paid $20 an hour like the lady in the op

If minimum wage had kept up with American productivity gains It would be over $21/hr right now so it's not an unreasonable concept. It's just that 90%+ of all new income gains go to the top 1%. But please continue punching at lazy Millenial stereotypes while your bosses skim from the top. It affects your income too, but I suspect you're too busy being smug about work ethics and such.

Enderzero
Jun 19, 2001

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Liquid Penguins posted:

nah I just watch how the 1% work while slowly compiling a list of contacts for when I save enough to start my own business and profit off lazy idiots in 10 years or so

Hahah oh look it's a Temporarily Embarassed Millionaire in the wild! You will almost certainly never be part of the 1% because you didn't go to the right schools or make the right connections. And if you do, through an insane, unwarranted amount of hard work, your story will be used to explain how everything is fine the way it is now, because look at this guy's story. That fallacy is called survivor's bias and it's used to hide the systemic problems within a system.

Enderzero
Jun 19, 2001

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Liquid Penguins posted:

ya you're right I should go into my boss's office tomorrow and let him know how I feel about the working middle and lower class

No instead you should keep making GBS threads on someone who has no effect on your life whatsoever. Much better use of time. What are you doing here anyways? Shouldn't you be building value or something?

Enderzero
Jun 19, 2001

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drunk asian neighbor posted:

just because the upper class is loving the lower class in every way possible doesn't mean the person who wrote that article in the OP doesn't come across as a whiny dummy who can't deal with the fact that success didn't come instantly and doesn't know how to manage money

It took me like 5 years out of college to find a Big Boy Job but the fact that I didn't automatically feel like I was entitled to things like my own place and a car in a city where I didn't need one made it a little easier to not have to live on rice and ramen

Yeah she deserves a lot of ribbing. But using this anecdote to prop up the way things work right now is not a good look, and people projecting this person's story onto the general entitled Millenial narrative is counter-productive unless you are a 1%er.

Enderzero
Jun 19, 2001

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SHISHKABOB posted:

But the median income in the us is 50k.

*Household* income is 50k. Nowadays that often means two people working full time. That happened because wages didn't keep up with productivity and so women were forced to enter the workforce to keep households above poverty levels.

Enderzero
Jun 19, 2001

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Solice Kirsk posted:

Banks don't print/create money. Loans generate interest which is paid by the people taking the loans. The bank is making money off the interest it takes from people paying back their loans and gives interest to people that leave money with them so they can cover the loans they make.

Correct. The Federal Reserve creates money out of thin air and credits bank registers to keep them from failing. I suspect the Ubermensch in here insisting a youth be punished for their mistakes have a much quieter voice on punishing banks for their mistakes even though the importance of punishing the latter is vastly more important to long term economic survival.

Enderzero
Jun 19, 2001

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crabcakes66 posted:

What about all of the diarrhea created in this scenario?

That's what we call an externality.

Enderzero
Jun 19, 2001

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Nightrain posted:

3 months later she is spit out of the bottom of the porn industry

But I thought the porn industry spits in your bottom?

Enderzero
Jun 19, 2001

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Clochette posted:

What is the purpose of these contracts? What do the companies have to gain?

Retention at lower wages, or just the chance to screw over rival companies.

Enderzero
Jun 19, 2001

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are you saying the guy who thinks 90% of jobs will be gone in 4 years might not have a grasp on the nature of employment? Huge if true

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Enderzero
Jun 19, 2001

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runupon cracker posted:

it's almost like the workforce participation rate isn't the lowest it's been in 35 years and companies aren't scrambling to automate literally everything as quickly as possible

That's true but jumping from that to 90% of jobs are gone within 4 years and "sales bots" is incomprehensible

fuckin sales bots lol

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