$15-$22 a hour for menial jobs is getting us exactly what we all warned about: $25 pizzas and $12 Big Mac meals.

I believe VTAIL is correct about the comment being a 50 percent increase in the rate, not going to 50 percent unemployment, but the guy is still a clueless and out of touch douchebag.

quote:

Originally posted by jljones:
The path that we are on can’t end well. It’s just not sustainable.

A one bedroom apartment around here starts at $1,750, with most around $1,900. The sustainability ship left port a decade or more ago.

Poorly written article, everyone that read it here has indicated it's clearly an increase of rate meaning doubling the current rate, not half the people in the country.

He's being honest about what he thinks. If I was in his shoes, I'd probably say the same thing. But since I'm on the other side of the table, I say, "fuck you."

One assumes that the 3.8 figure is correct. Remember the calculation was changed in 2012 to get the 'Community Organizer in Chief' under the 7 pct number so that he could get re-anointed.

IT has lots of folks out of work. A huge percentage are contract jobs making less than the more permanent employees. I see permanent job posting in IT where 100 plus apply.

Took me 18 months to get a lousy contract job when my job was 'exported' almost 6 years ago. Then another 9 month unpaid vacation, then a 20 month contract at a semi-decent rate (sill only 60 cents on dollar compared to the old job I list). Been unemployed since 1/1/2023 - well, effectively retired, with no SSN; 2 more months before I can apply for poor person's SSN.

Yes, part of skill set (software) thanks to my idiot manager and a paradigm shift due to IT function exportation. The DEI shit did not help either - 56, white, and not confused about being male since womb time.

So, all is not all in IT land here. Been watching it sink here in the US of A since 2001.

The idiot seems to forget that 'Idle hands are the devil's tools.'

Naturally as a 'property developer', he stands to make a lot of money acquiring property people can't make payments on due to unemployment, at rock bottom prices and the make a fortune on the turn around.

We have inflation because, govt spending, and govt created mess like a war in the Ukraine and domestic energy production strangulation. Increase the price of energy 100 pct and you will have inflation, ala 1973 / 1979 oil embargo era.

Back to enjoying my early semi-semi-retirement.