It is strange how most employees do not consider inflation a pay decrease. When I told my coworkers they just got a 7 percent pay decrease, they laughed at me. This is part of the business paradigm in the U.S. that is hurting all workers.
Jeff Bezos is worth about $180 billion. Compared to the net worth of the average millennial of $72,000 (according to Business Insider, surely a huge overestimate): 1/4 of 1/4 of 1 percent of millennial worth = $47.50 1/4 of 1/4 of 1 percent of Bezos worth = $112.5 million Yup. A hundred mil in his pocket feels like $50 in ours. If you cashed us out in hundred dollar bills it would weigh as much as a bottle of water. If you cashed out Bezos, it would weigh as much as 2 cargo ships. This is what buying stuff feels like for him: $50k student loan payoff = tootsie roll $750,000 home = Pack of gum Learjet 45 = bottle of Coke Business class hotel = gallon of milk F-16 fighter jet = pack of cigarettes Boeing 747 airliner = speeding ticket 10 fully equipped Metro area hospitals = PlayStation…
I graduated college 2 decades ago and I'm still paying off student loans for an education that proved to be useless (My parents and guidance counselor didn't want me to be a loser like those tradesmen!). I'm unemployed/looking for work and I'm at a weird place in my career where I need to learn new skills. Problem is there's no more on-the-job learning anymore, every employer wants you to be a fully-formed employee that fits their exact needs that they don't have to train. And every job is so specialized that, for the most part, skills you do end up using in one job probably aren't transferrable to another job. To get ahead, the options available to most people are: 1) Go back to college for 4 years and get in even more debt 2) Take a bootcamp and spend money you don't have (Most don't offer flex payment or…
The Met Office issues a “top level” red weather warning for tomorrow. People are advised to stay home – schools, colleges, universities, public transport, libraries, etc are all closing in preparation for the weather tomorrow. Amazon management has told workers that they will remain open because they “haven’t heard anything other than bad weather predicted tomorrow”. Due to buses being cancelled, a lot of employees won’t be able to travel to the warehouse anyway. My partner has to risk driving on the motorway in 90-100mph winds or risk getting in trouble for not showing up to work. How can they ignore a Met Office issued top level weather warning?
