A rise in the cost of living and stagnant wages affect voter attitudes and political preferences.
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#Wages #Economy #Inflation
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The rapid advancements in technology necessitate a fundamental reassessment of our understanding of value and work. Historically, automation has displaced workers, as we saw when the advent of film and recording technologies significantly reduced the need for live performers. This shift parallels our current scenario, where the anticipated future of work could involve humans predominantly servicing machines in round-the-clock environments.
We're witnessing a transition where stable employment is increasingly supplanted by lean, agile manufacturing and gig work models. These models have roots in the film industry, but lack the ongoing compensation provided by residuals. The concern now is that even the film industry is being thrust towards an 'uberized' model, where contributors are remunerated for their initial input but derive little to no benefit from continued use.
This progression highlights a crisis within capitalism and raises fears of a tilt towards autocracy. The accusations of socialism leveled against Democrats echo the historical slurs directed at Native Americans in the late 19th century, which served as pretexts to seize their land and resources. As we confront these challenges, we must strive to balance technological advancement with fair and equitable labor practices. Ray Evans Harrell, artistic director, The Magic Circle Opera Repertory Ensemble, Inc. NYCity and the MCORE team on the Future of Work in America.
It would be nice to mention hours of work per week in avg rather than specific number of jobs. The numbers don't add up to me; she's got 2 part-time jobs making $20 and $16.5, $18.25 Avg. Assuming she works at both jobs in equal amount of hours monthly, $1500 a month is 346.15 per week (1500*12/52), this equates to 19 hours a week. She said she needs to make $3500 a month to be comfortable which means it's 44-45 hours a week, (3500/1500 * 19hours). It sounds like she's being paid a good wage, but she's just not working enough hours.
On the whole living wage metric, it's somewhere $38/hr, based on the video it sure sounds like that's a household requirement, not per headcount. A married coupon each making $20/hr seems to be comfortable to a degree i guess. So based on what i am hearing, it sounds like she needs a husband with similar income and both need to work more hours.
I grew up in poverty, my parents barely paid attention to brother and I because both of them were working close to 12 hours a day(14-15 when includes commuting). I'm making 6fig which isn't a lot in 2023 but it comes with a 50-55 hour per week and upward of 60-65 during busy months. People in general are working harder and longer for same money, capitalism at work, benefit of good economy tends to go to the top first. fact of life, but it's definitely not as bad as press make it feel like.
So she can get a better job, correct?
That depends on the overall cost of living. Not every place in the country is the same.
If your paycheck isn't equal to 30% of your housing costs: It's not a living wage.
However, it's usually just another real estate "investor" trying to squeeze money out of you.
Level the playing field. Affordable housing debt relief and regulation of businesses and banks that target all Americans.
The Success behind every Rich person today is the decision they made for themselves, I'm so happy with a good investment I'm able to acquire my third house recently even as a single mom at 42 and I believe if things keep going well I would retire early.😊
Im glad were having this disscussion. We all need more money if they want 400K for a decent home.
Purchase of what is necessary for yourself! Promote selfishness in terms of living wage. ✊🏾✊🏾🪧🪧🤑🤑
Thank big business. Oh we will outsource our work to China. They will grow democratic L0L big business couldn’t bust the unions totally so they moved the work overseas. Thanks for financing the CPC.
My mother was on welfare most of my childhood and there was a time when I had to go food banks and had no health insurance as an adult. But I was always told throughout school that I was going to go to college and graduate which I did and after a few years I decided to become a teacher in the early 2000s. My salary is above 100k (finally).
Chuck Todd asks "What do these people want the government to do for them?" People just want a government not controlled by special interest corporate donors. We want the government to stop subsidizing corporations. We want a higher minimum wage. We want free health care, like all other developed nations have. We want free college and no-interest student loans.
They should cover California.
My wife and I both have college degrees, good careers, and a solid amount in savings, yet we can't afford a home in northern California.
All giving free money to people did was to get them to stop working as hard by leaving the workforce and help create inflation. Yes, Yang's ideas sound nice. But they aren't fully flushed out and inflation is the obvious byproduct. Leading to a continual self-reinforcing loop of free money feeding inflation leading to the necessary step of giving more money to the "indigent;" creating even more inflation.
Everyone complains about minimum wage but won’t work on themselves raising their skills geez
Thank you for doing this reporting, we need more like this. I think its ridiculous some of us are getting paid $9-12hr, not including tax, then have limited hours for the week while still having to pay living expense.
The prices of grocery goes up every time I go to buy food. The companies make billions in profits every year yet claim they need to raise prices because of inflation.
I’m so glad she shared her testimony!
Mortgages are cheaper than rent – ask the bank what they think is a living wage.
3:55 how can she afford 4 kids anywhere on $1500 a month? She has to be using ebt, housing assistance etc. So the $3500 she thinks is going to change things is likely less than all the subsidies or $3500 +subsidies is probably what the workable budget for a family of 5 is.
And how are peopl are bloking ur way?
The potential benefits of a living wage: A living wage can have a number of benefits, including:
Reduced poverty: A living wage can help to reduce poverty by ensuring that people have the resources they need to meet their basic needs.
Improved health: A living wage can help to improve health by reducing stress and providing access to healthier foods and housing.
Increased productivity: A living wage can help to increase productivity by ensuring that workers are well-rested and healthy.
Ultimately, the amount of money that is considered a living wage is a complex issue with no easy answer. However, it is an important issue to consider, as it can have a significant impact on the lives of low-wage workers and their families.
One thing I would love to see in the US is a separation – a differentiation between "Minimum" wage and "Living" wage. My first job was at a grocery store, and I was 17.
I did not need to earn enough to live on. I was still at my parent's place and the main reason I worked was to have things for myself without burdening my family with the cost.
I learned to save, to budget, and to spend responsibly, and to have a good work ethic.
Someone who doesn't have to support themselves or others, doesn't face the same challenges and may not need to. I see it similarly to volunteering, and receiving "payment in kind".
We need to confiscate the top 1% gather up their possessions and destroy them. Less money chasing more goods and services = deflation
Lol that business owner "Why is it when the gov does it's it's inflation but when you do it it's not?"
The answer is because when business does it business keeps the money I when the gov does it their workers get the money.
Many people work 2 jobs….. shrink them and pay more. It's not rocket science.
The only solution is to reverse the global market race-to-the-bottom. It is time for good people of the world (who can still vote) to stop playing around and put a massive 500%+ tariff on ALL dictatorships and theocracies. Free trade should only be with free people. All democracies must join together in a free-trade union to finally make all governments accountable to their people by taking the profit out of exploitation and oppression. Discounts can be given to encourage improvements, but we must be consistent. Domestic tax reductions and rebates will make this tariff cost the consumer nothing. In fact, this would eventually make all countries more prosperous as well as peaceful. No excuse not to start now.
Living wage has not kept up with inflation there for buying a house is a dream that most of us will not accomplish
There's nothing more entertaining than watching the very people who pushed quota-based hiring complaining about a living wage.
Here's another reason used: you know how much everything costs???
A "living wage" is $13 an hour part-time, no benefits and 20 hours a week for work. No raises every few months and if you dont want that then you dont wanna work. That's "living the high life".
Ps: if the economy is down you're getting 10 hours this week and that's all we can afford.
The truth is it's not just education and good jobs that have been lost over the years it's paid apprenticeships unions and not having a living wage in the country as well as the high cost of everything.
1998 article said $40thousand annually was poverty level income. I worked full time as state employee earning $20thousand annually. I was floored to learn just how much we were grossly underpaid. Those short wages have not improved over the quarter century. SMH
It's not good thats why I will never vote for a Democart.
This country needs help
I know in the US couples without children aren't considered a family, but those "non-family" people are struggling, too. Yet somehow they are overlooked and ignored.
P.S. if your job is a "family" run away a fast as you can! Your job is just that, a job. Keep family separated from your job. Your co-workers are not your besties. Again, run away as fast as you can form those types of bosses!
Americans are so dumb! Hello. Democracy/Capitalism do not go together! Democracy = one person, one vote. The vote is supposed to count. Capitalism = lets Cooperations have the power with a top/down power. Look at who gets what they want in politics? It is not the workers. Dems and Reps are on the same team. Don't let them keep lying. It is sad to see how clueless Americans are. They rub it on face but you don't fight back😢.
"How much is a living wage?"
Certainly not what Uber pays, I'll tell you that.
RESPECT THE ELDERLY. How does Social Security expect anyone to survive on $1000 a month?
Nineteen dollars and eight cents per hour.
Unsaid here is also that ppl are working 3 PT jobs to accommodate shift flexibility mandated by corporate efficiency standards. No more reliable 8 hour shifts. If you aren’t actively productive, you don’t work. If the moment doesn’t call for active productivity, you better have another job/momentary gig lined up for those hours. Or you don’t eat. Or you’re on the street.
There are too many things in this story that don't add up. First, the lady sorts mail for UPS? Should that be USPS? Or maybe I'm not aware that UPS does mail sorting. Most of their package handling is automated! Next, she has a job that pays $20 per hour and a second job at $16.50 per hour yet "brings home" $1500 per month. $20 X 40 hours per week X 4 weeks per month = $3200. She obviously has kids shown in the piece. So either these are very part time, limited hour jobs (I get that the delivery job is part time), or there is a problem with the calculations. She's not having 50% of her income withheld as taxes. So later in the program, it came out that these families are on government assistance. This means that they must keep their earnings below a certain level in order to qualify…so they are working fewer hours or "under the table" to keep their benefits. This is a huge problem, and there are very few programs that allow for job advancement with continued benefits for a given length of time, and even fewer people who complete the programs and are successful in transitioning off aid programs. In the instance of the first woman, has she contacted Legal Aid (a free legal service) to see if they can help her clear her record? I don't mean to imply that the answers are easy, but there are a few basic steps. Don't take out loans that you can't pay back. Don't create children that you can't support. It does sound like these families have mastered some of the basics of living within your means, even when much of those means comes from assistance. But a big problem is whether you would rather work 20 hours per week and qualify for government assistance or work 40+ hours per week to earn the same lifestyle without the assistance.
I am a male who works at McDonald's in Aurora, Colorado and I am getting paid $18 per hour working as a crew. I'm mostly at window, but once in awhile they need help in the kitchen.
I only work 3 days. I love this. I get to spend more time with my kids. I'd rather spend my time raising my kids and getting to know my kids. I got tired of working all my life and not even knowing my family. My wife owes the most money, so she works full time.
There's other reasons why I choose not to work so much. My wife was not raised like me. I'm more cleaner, organized, and knows how to do more around the house, so I'd rather stay home and get things done. I only work enough to pay my half of the rent. I sacrifice having more money for more time at home.
Depends on the person and the day it most definitely varies! And other words unless you're wealthy there's not one.
$1500/month income working two jobs ($16.50/hr and $20/hr), after taxes = Less than 22 work hours per week.
Maybe if people eat less, there would be less obesity in this country which could lead to lower health cost and fix financial problem. I stopped drinking soda, alcohol, and I’m saving more on groceries.
This is the benefits of Bidenomics. Best thing since sliced bread.
It's to much greed in America and that why people can't get ahead. Yes, in some jobs there is high turnover because boss's abuses their power. High turnover in job is usually do to power abuse.
IT'S ALL ABOUT THE SHAREHOLDERS. THEY ALWAYS WANT MORE CUTBACKS TO STEAL MORE MONEY FROM THE ONES THAT DO THE WORK.