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nbp160130

42 karma · joined July 18, 2019

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nbp160130··on The boss who put everyone on 70K
I can't find any mention of technical staff having their salary slashed. The only mention of pay cuts is the one the CEO took. Would you mind sharing a source where this is stated?
nbp160130··on The boss who put everyone on 70K
This is measuring household income, not individual income. Real household income isn't increasing because wages are rising, it's increasing because more people in a household are working.
nbp160130··on Single-payer healthcare would save $450B and 68k lives a year: study
The "10s of trillions of dollars" estimates you see are for 10 years of projected spending, not for one year.
nbp160130··on It takes now 53 weeks salary to earn same as 30 weeks in 1985
Again, you're nitpicking. Cars aren't the only form of transportation, and vehicles and loans aren't the only expenses involved. The author advocates looking at categories of expenses rather than single items because it misrepresents the increase in expenses Americans are experiencing.
nbp160130··on It takes now 53 weeks salary to earn same as 30 weeks in 1985
His point isn't that individual items are more expensive. His point is that necessities in broad categories have grown in price faster than the median male worker's income. It can be true that the Dodge Caravan (and all other cars) are cheaper today when adjusted for inflation, and the amount of money spent on transportation has grown faster than wages. The retail price of a Dodge Caravan does not include the higher cost of gasoline, longer commutes, rising toll fees, or increasing car loan terms.
nbp160130··on It takes now 53 weeks salary to earn same as 30 weeks in 1985
The author's premise does not hinge of the price of single items. Sure, a Dodge Caravan in 2018 may have a lower inflation-adjusted price than the 1996 model, but the author never claimed that every individual item's price increased faster than the measured rate of inflation. He looked more broadly at the amount the median worker spends on transportation. No one buys just a Dodge Caravan. They buy the Caravan, they pay for it with a loan of a significantly longer time than you'd get in 1996, they pay for more gas (longer commutes) that is more expensive, they pay for car insurance, and tolls. This total transportation cost (plus other mandatory necessities like health insurance and rent) have grown faster than the median worker's wages.
nbp160130··on Thousands of Google’s cafeteria workers have unionized
Exactly. We should repeal the minimum wage and the 13th amendment so no corporation should ever have to pay more than what a free market dictates.