in German, the word for ‘economy’ and ‘pub’ is the same - ‘Wirtschaft’. You can imagine all the jokes about students of economics.
That was my understanding also. Also do you count as unemployed if you’re not collecting unemployment? And can restaurant workers collect unemployment? At what amount?
Great news for landlords. Tenants have more money and there is a shortage of housing.
Yup. All a minimum wage raise does is put money in the pockets of landlords. Congrats on your raise, elt1.
Though admittedly, it also is a good raise for my teenager.
Free rent, so his raise really is a hand up for his Roth IRA and retirement.
“The company moved to a commission-based model, with a 20% service charge for diners.”
All fine and well in areas which can support that. And of course every 20% service charge a diner pays is discretionary income that isn’t available to be spent elsewhere.
It’s almost as if they are going for every terrible policy in the book to destroy the country from the inside.
Well they proved you can pay people to stay home and not work
Looks like the beginning of socialist dystopia
Here’s a much smarter approach than UBI or a higher minimum wage. Help people het higher paying jobs. The economic growth potential is tremendous.
“ The Philadelphia Fed’s research is not isolated. A recent report conducted by nonprofit Opportunity@Work found that as many as 30 million U.S. workers without college diplomas already have the skills necessary to earn 70% more.”
That’s literally the same number of people that’d benefit from a higher minimum wage. Instead of handing them more money for the same job, help them get better jobs.
So, I am as liberal as they come and I am okay with bringing automation and job losses -most of these low paying jobs suck and the people who have them don’t even want them. So why not give people a little kick in the butt to go make a change to upskill and get higher paying jobs?
Making people work is considered slavery by most liberals
Good old Yankee work ethic is considered racist by progressives. We are doomed. Only immigrants like my wife don’t believe in this horeshite. PC is for losers and apologists.
It is ironic that the most successful man in America is an
African American… Elon Musk.
Do you really think that’s what will happen? They’ll just go on the numerous government programs that exist and become victims of the welfare cliff.
Agree. Use Mac ![]()
Not irony. It means American-born are too complacent except those who are brought up by single mother. Check profile of Jeff Bezos.
I was unclear. 50 years of affirmative action for African Americans was totally non productive. Obviously immigrants do better because our system of PC white guilt does not work.
All it does is tell people they can’t do anything, and their best option in life is to let the government take care of them. If that’s not a racist message, then I have no idea what is.
The only way to do that is to have them work the boring jobs and realize they want to move up.
Also, there are people who are fine with repetitive manufacturing jobs. From what I understand mildly functional autistic kids (not the brilliant savants) are very comfortable with repetitive jobs.
Immigrants are by definition selected groups. Those who leave their homelands and go to other nations tend to be more entrepreneurial and hardworking, some of them are very smarts e.g. those* that go to SV.
- @manch is an exception

