Author: Olivia

The company I worked for has been hovering around $15M-USD year on year leading up to the pandemic. Ever since Covid they have been taking in $30M-USD+ for the last 2 years so thats $60M double their revenue. Alot of the good employees have left to find something else, but I realised one thing. Ever since the pandemic I have not received a single pay rise, even inflation is 7.5%+ or even worse double digits. All I ever get is words, that we are valuable employees and a essential to the business, management thanks us for our efforts blah blah blah etc… Every pay-check that I look at makes me depressed seeing it being fixed while housing has gone up 30%+ and the cost of living is just ever more expensive 10%+… I'm thinking of leaving my job and just live on government benefits instead. Perhaps file for mental illness…

John Maynard Keynes was an economist in the early 1920s who released a series of books about monetary policy and how governments operate under “fiat currencies”. (The Federal Reserve Note) This is a few paragraphs from one of his books. A Tract on Monetary Reform, chapter two 'Inflation as a Method of Taxation'. pg 43 “Let us suppose that there are in circulation 9,000,000 currency notes, and that they have altogether a value equivalent to $36,000,000 gold dollars. Suppose that the Government prints a further 3,000,000 notes, so that the amount of currency is now 12,000,000 notes; then, in accordance with the above theory, the 12,000,000 notes are still only equivalent to $36,000,000. In the first state of affairs, therefore, each note = $4, and in the second state of affairs each note = $3. Consequently, the 9,000,000 notes originally held by the public are now worth $27,000,000 instead of…

For context, this employer had no previous contact with me and didn't respond to any prior emails I sent. I withdrew my application as soon as I saw this o3o https://preview.redd.it/q0tcumrkzyh81.png?width=1920&format=png&auto=webp&s=54b7e274358ece7c896a44e4b5fcc4ae2683ae75

Basically the title. I recently got promoted to a management position at a very large restaurant. Like, makes my year's salary in a day large. Employees here have good benefits, but the area CoL is vastly outstripping their pay. Off-the-street hires make nearly as much hourly as our most senior full time staff, and the union is doing fuck all about it. Now, part of my promotion is I'm no longer covered by the union, so organizing and going to union meetings is off the table. Also, due to contracts, myself and my direct superior have no authority to give raises, all raises have to be negotiated. But I watch these people bust their asses day in and day out, for what is no longer a liveable wage in my area. Don't get me wrong, I am extremely pro-union. This is literally the first time in my working life I…