70% of Food Stamps/Medicaid recipients work full time, new study GAO And more results

[Cthulhu 2020]

In general, Walmarts operate on razor thin margins where increasing wages by $1 would blow up their budget.

This has been repeated ad nauseum, but labor costs are such a small percentage of business operation that it's barely even worth considering. Wal Mart barely has any employees working at each site for how large they are. It's been studied numerous times, across numerous businesses, and if you recall McDonald's which actually does actually employee a lot of labor relative to other businesses, would barely have to raise the cost of their Big Mac a few cents to pay for a $15 minimum wage.

I don't understand why people still defend the shitty practices of big business, it's mind boggling. But I also tend to find that people who are against a minimum wage increase are the same people who make a few dollars above minimum wage, so they feel that an increase would negate all the "hard work" they did to get to where they are (basically two feet past the starting line).

[Egomaniac]

Do those revolutions build better and stronger societies or do they create weaker more impoverished ones where even more suffer?

Both. It depends on the revolution. But the people that dismissed the value that others had to society...they found out really quick how much the new society valued them.

[kamuimac]

Yeah, but that's when someone owns their own business, something that is not viable for a particularly large part of the population, in a fair bit of industries. And even an entrance into one, is not an assured grand pay off. As I noted, it is not even that much, if one takes into account that the same work hours, with overtime, would actually net you more. So it is a lot of work, with limited pay off; it looks good on paper that it is a fair bit of cash, but it is ultimately a lot of labour being sold at a mediocre price.
And also, 60 hours, at 12.5 dollars (which again, is a bit above average), is 3k a month. That's again, not exactly particularly well off.
.

so its ok to work so much when you are small business owner but not ok if you are worker who wants to achieve something more

gotta love the double standards here

this is the epitomy of destricption of laziness of workers - f... the owner he can work his ass off , f... small 1 man businesses - we demand to work only 40 hours and earn a lot because its our right.

instead trying to do something with their lives - nah lets work all live in wallmart and complain .

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The 40 hour work week has nothing to do with the power unions held back in the day, nope, not at all.

it doesnt

it does have a lot to do with developement of machines, computers and overall rise in productivity of workers due to them being provided with supperior production lines etc by their employers.

it does also has a lot to do with the drop of productivity of worker after X amount of time while doing physical work (but in much lesser degree)

it has also a lot - and i mean a lot to do with defending themselves from the sudden rise of unemployement (i describe it below)

unions ? thats least important factor.

now with further developement of machines and AI it will be possible to drasticaly reduce number of workers needed - so alternative is either reduce their work hours or letting go of big % of employees.

imo a lot of countries will make that choice by hands of governments to ensure unemploeyment does rise and enforce the reduction of working hours to 24-30 in incoming decade - virus will only speed it up - this way people will keep their jobs while at the same time saving money for companies because they will pay them much less - but they will have those jobs.

this was the same main reason for 40 hours work week instead unlimited one of 6 days work week (depends on country) - to ensure that uneployement doesnt rise drasticaly .

[Zan15]

Next to none.

I repeat. Next to none.

The one most applicable example that you are trying to reference here is Bill Gates.

He comes from a family of bankers and lawyers, the rich type of bankers and lawyers. At age 13 he was enrolled in the best private school in the United States. The school very early on began investing in IT and education related to programming, buying computer time share from GE at the time when that was mostly a thing that only universities, corporations and governments could afford. He was classmates with people like Paul Allen. Half of the fucking big names from the early IT boom came out of that fucking school. These weren't just random nerdy kids playing with cathode rays after homework.

It's a bit easier to start the first multi billion dollar software company when half of the first generation of software engineers with access to silicon chipsets are all in it together.

Most of these bootstrap billionaire stories are remotely not as bootstraps as you want them to be.

This remains true in most cases.

.

Well sure they had education but no actual experience or business skills. That is vastly different.

Also with all that effort they still were not successful till they got what they needed from IBM for a lucky Nickle and a bag of seeds.


I was more thinking Buffet, Howard Schultz, Oprah Winfrey, John Paul DeJoria, George Soros, Larry Ellison, etc. and i was also exaggerating, but a lot of people have done it to become millionaires and multi without all the "help" Gates got.


you are right a lot of these stories have a little "got ya" moment where they really were not rags to riches, but even in bill gates case he took an semi upper class life and turned it into top 3 in the world life.

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Anyone can make it, just by far not everyone. A point these types don't want to see.

Also I don't understand how they have no problem with the taxpayer subsidising Walmarts poverty wages instead of demanding Walmart pays itself.

same reason they have no problem with 110 billion a year for farmers to destroy and not grow crops.....

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YOU claimed that 70% of food stamps/medicaid recipients work full time, which is not what the study was about. The study was NOT about food stamp/medicaid recipients. It was about food stamp/medicaid recipients that are also earners.

I did read the study, and that's how I found out that YOUR claim was false (hence the edit).

*THEY CLAIMED. I posted exactly what they said in their summary. its the first paragraph of the document you "read".




. For example, approximately 70 percent of adult
wage earners in both programs worked full-time hours (i.e., 35 hours or more) on
a weekly basis and about one-half of them worked full-time hours annually (see
figure).

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nowadays people are lazy and want everythign instantly and for free.

yup nothing like 5 kids and 6 grandchildren getting 2.6 billion dollars a year because they came from Sam Walton's sperm, for doing nothing but collecting dividends they decided on with their majority voting block.

but "people" are lazy...and want free stuffs....not something like a wage they can live off...nope just free goodies

[PACOX]

This has been repeated ad nauseum, but labor costs are such a small percentage of business operation that it's barely even worth considering. Wal Mart barely has any employees working at each site for how large they are. It's been studied numerous times, across numerous businesses, and if you recall McDonald's which actually does actually employee a lot of labor relative to other businesses, would barely have to raise the cost of their Big Mac a few cents to pay for a $15 minimum wage.

I don't understand why people still defend the shitty practices of big business, it's mind boggling. But I also tend to find that people who are against a minimum wage increase are the same people who make a few dollars above minimum wage, so they feel that an increase would negate all the "hard work" they did to get to where they are (basically two feet past the starting line).

Its the "fuck you I got mine" mentality. People don't want to see their bill go up by a dollar even if it means that someone with a job will be raised out of poverty. Ironically people will gladly donate $20 to a faceless charity if they get a pat on the back for it - people only care when there are virtues to be signaled.

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I want to add a side note. You do not work 24/7 as a small business owner. Especially once your business is firmly established. You may put in an extra hour hear or there and be the person who has to take a call on their day off under abnormal circumstances but you aren't working 24/7 no i is that healthy. A good small business owner separates work for life real quick unless their business is just their overall lifestyle.

Grew up under a small business that operates 24/7. Parents definitely don't and did not work 24/7. There were times where weekends were dedicated to work but those were uncommon.

[Zan15]

Its the "fuck you I got mine" mentality. People don't want to see their bill go up by a dollar even if it means that someone with a job will be raised out of poverty. Ironically people will gladly donate $20 to a faceless charity if they get a pat on the back for it - people only care when there are virtues to be signaled.

you are dead on

How do you think we got to almost 30 trillion in debt and SS/Medicare being bankrupt in the next 5-10-15 years. how pensions are underfunded by 100 trillion +

Cause the "fuck you i got mine boomer generation" decided to stop increasing payroll taxes that were increased 30 some odd times to adjust for growing expense. they stopped giving a shit and just wanted as much as they could individually get.

[kamuimac]

yup nothing like 5 kids and 6 grandchildren getting 2.6 billion dollars a year because they came from Sam Walton's sperm, for doing nothing but collecting dividends they decided on with their majority voting block.

but "people" are lazy...and want free stuffs....not something like a wage they can live off...nope just free goodies

this is pure jealousy

instead being jealous start your own business tycon dynasty so your kids and grandkids will have the same privileges.

[Saltysquidoon]

this is pure jealousy

instead being jealous start your own business tycon dynasty so your kids and grandkids will have the same privileges.

"Bro you're just jealous there are people who 'earn' more in a year (by virtue of being born) than one single person could reasonably spend in a lifetime, while their employee's need food stamps to eat"

Is this the denial stage of COPE?

[Zan15]

this is pure jealousy

instead being jealous start your own business tycon dynasty so your kids and grandkids will have the same privileges.

lol how can you be jealous of something you have no chance at ever getting?

I am partial owner in my own business already.


You wanted to call people lazy and the people you did are still less lazy then the dynasty gaggle of Walmart kids whom most have done nothing but live off inheritances.

[unfilteredJW]

this is pure jealousy

instead being jealous start your own business tycon dynasty so your kids and grandkids will have the same privileges.

You embarrassed millionaires are adorable.

[Howel]

so its ok to work so much when you are small business owner but not ok if you are worker who wants to achieve something more

gotta love the double standards here

this is the epitomy of destricption of laziness of workers - f... the owner he can work his ass off , f... small 1 man businesses - we demand to work only 40 hours and earn a lot because its our right.

instead trying to do something with their lives - nah lets work all live in wallmart and complain .

That's not at all what I said, but nice of you to put words in my mouth, but I'll entertain it. Your buddy, if he was to elect so being his own boss, to work 40 hours, would make about as much as they do at 70 hours. That's the same salary for a 75 % increase of labour hours; and they've hit about peak at that point, for a median income. Working more, will land you in median income, that's not great, seeing as you are labouring a lot and still don't exactly have money to live some lavish lifestyle to try and shake off that notion.

No one said a lot. Remember, you are in a thread, where we are talking about people, working a job, but is still in need of government welfare. That's not asking for a lot, it is asking for a minimum, that allows to not be on freaking welfare. That's not an extreme position, especially considering that it is basically us paying taxes, so that a company can basically run on a profit, by paying their workers below a living standard.

You also have to keep in mind, you're coming from a very specific point of craftsmen. That's one of the few industries that don't have many conglomerates, and has an easier time for smaller business to thrive. But let's say people follow your example, and all quit walmart and start their own craftsmen business. Now not only, would you probably be unlikely to be getting enough business to have a 70 hour week, you'd likely also have to lower your wage. Let's say to 12.5 dollars, and 40 hours a week, your buddy would suddenly be making 2000 bucks a month, that's 3-4 times less. At which you will tell yourself, pump those numbers up, 70 hours! 3.5k, but that's still only half of what is earned now... So I am not entirely sure you'd actually want this, seeing as you'd suddenly be the one making a mediocre wage at a fairly high amount of hours.
That and the fact, that stores will need to continue to operate, otherwise we will all starve, so someone has to work there.

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Grew up under a small business that operates 24/7. Parents definitely don't and did not work 24/7. There were times where weekends were dedicated to work but those were uncommon.

It is the "I took one or two five minute phone calls in an hour, therefore I worked that entire hour", or "I checked emails while watching TV, productivity was about 5 % efficiency, I worked that entire hour" - Seen that waaaayyyy too many times, to believe that mantra. If that was how your worked, at a job, you'd be fired

[Felya]

this is pure jealousy

instead being jealous start your own business tycon dynasty so your kids and grandkids will have the same privileges.

Why would anyone be jealous of people, that suffer the dreaded affluenza, simply due to their inherited wealth? A kid with a severe case of it, ran over and killed someone. I don’t drink and drive... and I would never be rich and drive. Hopefully I’d be able to write off a driver, as a medical expense.

[Bodakane]

this is pure jealousy

instead being jealous start your own business tycon dynasty so your kids and grandkids will have the same privileges.

I'm so fucking sick of this stupid and reductive argument. I make plenty more than minimum wage and live very comfortably. I have everything I want. And I can still stay....

WalMart is a bullshit company that rapes its employees and the American people. Just because you are too far up your own ass thinking you'll be a Walton some day, doesn't;t excuse the fact that they subsidize their workforce with welfare and take in near 30% of their sales through welfare. And they do all of that, because they can move into small towns and bury small businesses killing the American dream and ideal. Your sycophancy is unabashed, pathetic and obvious.

But yeah, go on and tell me about handouts while coddle the Waltons who make more off of welfare than 10,000 poor families.

[Krastyn]

Cause the "fuck you i got mine boomer generation" decided to stop increasing payroll taxes that were increased 30 some odd times to adjust for growing expense. they stopped giving a shit and just wanted as much as they could individually get.

That's a great job of scapegoating. I hate to break it to you, but every generation is filled with "fuck you I got mine" people, just like every generation has good people.

Non-boomers have been outnumbered for years now. How have they not risen up against the evil boomer overlords, voted in like minded folk, and changed laws to turn society into the utopian dream?

[unfilteredJW]

That's a great job of scapegoating. I hate to break it to you, but every generation is filled with "fuck you I got mine" people, just like every generation has good people.

Non-boomers have been outnumbered for years now. How have they not risen up against the evil boomer overlords, voted in like minded folk, and changed laws to turn society into the utopian dream?

Probably because they had the ladder kicked away on their way up and told they should work harder by a generation that had every opportunity but wanted the whole pie, not a piece.

[Bodakane]

That's a great job of scapegoating. I hate to break it to you, but every generation is filled with "fuck you I got mine" people, just like every generation has good people.

Non-boomers have been outnumbered for years now. How have they not risen up against the evil boomer overlords, voted in like minded folk, and changed laws to turn society into the utopian dream?

The "logic" fueling our argument is no different than the "logic" behind saying....why stop murder since murder still happens. If people would just rise up and stop murder then it wouldn't be a problem anymore. Since they don't, its not a real problem. Besides, people have always murdered people.

[Krastyn]

Probably because they had the ladder kicked away on their way up and told they should work harder by a generation that had every opportunity but wanted the whole pie, not a piece.

You mean how over half the boomers are past the age of retirement? There should have been a massive shift of benevolence already. But there isn't. The news is still riddled with stories from all generations of people being selfish.

That still says nothing of the political world, where there is no excuse other than people not giving a shit, in which case see the "fuck you, I got mine".

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The "logic" fueling our argument is no different than the "logic" behind saying....why stop murder since murder still happens. If people would just rise up and stop murder then it wouldn't be a problem anymore. Since they don't, its not a real problem. Besides, people have always murdered people.

No, it's not the same logic at all because it's a completely different scenario. It's a hilariously bad false equivalence. Stopping murder is near impossible because you need to control the actions of every individual person. If the entirety of the blame for the woes politically is because a minority is running things, the majority can simply vote and end it.

Trying to lay this all at the feet of boomers is terribly misguided, and I say this as a non-boomer.

[Zan15]

That's a great job of scapegoating. I hate to break it to you, but every generation is filled with "fuck you I got mine" people, just like every generation has good people.

Non-boomers have been outnumbered for years now. How have they not risen up against the evil boomer overlords, voted in like minded folk, and changed laws to turn society into the utopian dream?

Scapegoating? Then exlpain how we got to where we are today with the debt and whom was in charge during the whole time?

the generation before boomers sacraficed so much during 2 world wars and you want to blame even a fraction of a fraction on them?

the current generations cannot even generate enough income to cover the expense of the baby boomer generation spending and "benefits".

its more reality then scapegoating

[kamuimac]

That's a great job of scapegoating. I hate to break it to you, but every generation is filled with "fuck you I got mine" people, just like every generation has good people.

Non-boomers have been outnumbered for years now. How have they not risen up against the evil boomer overlords, voted in like minded folk, and changed laws to turn society into the utopian dream?

this is because most of "young people" go through rebelous phase. the older they get their views change towards either typical conservative/liberal views.

every country in west has seen that over years.

the rejects of society typicaly pick up "fashist " parties - but they - thanks god - never go above certain percentage .

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Scapegoating? Then exlpain how we got to where we are today with the debt and whom was in charge during the whole time?

the generation before boomers sacraficed so much during 2 world wars and you want to blame even a fraction of a fraction on them?

the current generations cannot even generate enough income to cover the expense of the baby boomer generation spending and "benefits".

its more reality then scapegoating

debt is not a bad thing though . it always existed - since the first hard farmer in ancient mezopotamia had more grain then he could eat and "lend some" to lazy drunkard neighboor who was to lazy to work but otherwise would starve with he promist that next season he would get 2xback : (ye ye i know childrens tale - but describes where barter came from)

it fuels the market and gives people jobs.

as long as its kept in check .

unless you are talking about people getting in huge debts because they borrow money to study liberal arts or other usless degrees. but then its their own fault.

and as how you got there - i wil ltell you as outsider - you got there on hard work , blood and sweat of countless immigrants who over past 200 years were taking worst paying jobs so that locals could take better ones.

first it were slaves

then it were asians

then it were irish / italians

then it were eastern europeans

and finally where streak ended it were mexicans

(yes i do know is simplyfy)

each first generation comming was always screwed - but their children had it easier - and grandkids usually if previous generations worked hard enough were assimilated and had it super easy .

the chain got broken at certain point and you cannot go back - now your local people have to do those jobs - and have to live the lives that immigrants were living - no wonder they hate that life.

[Krastyn]

Scapegoating? Then exlpain how we got to where we are today with the debt and whom was in charge during the whole time?

the generation before boomers sacraficed so much during 2 world wars and you want to blame even a fraction of a fraction on them?

the current generations cannot even generate enough income to cover the expense of the baby boomer generation spending and "benefits".

its more reality then scapegoating

Everyone has had a hand in the mess we're in.

You harp on Walmart, yet it was founded by a non-boomer, and it's CEO is currently a non-boomer. Same goes for McDonald's.

Do I need to list off a list of scummy "me-first" non-boomer CEO's? Because it's not hard.

Brushing off boomers as selfish is no different from brushing off millennials as self-entitled whiners.

There is no defining trait of a generation. Do you honestly think that as soon as the boomers retire that all the corporations are going to magically become benevolent?