THAT Ted Talk about America

[76561199278013014]

There was recently a TED Talk that blew up, far surpassing their videos' usual view counts of around 50k, reaching 3.2 million views in just 5 days. It also has quite a lot of interaction (likes, comments) for a video of its view count, and has sparked various discussions and reactions.

The Ted Talk discusses how young people in the US are worse off financially than ever before. What are everyone's thoughts on this?

https://www.youtube.com/watch?v=qEJ4hkpQW8E

[Blitz4]

combine that talk with another explaining the reason why those outside of USA hate USA and you get an external picture of corportism, i mean capitalism

how in the hell is minimum wage now $100k USD annually? the dollar isn't worthless, this means the government is. every single president we've had since the guy on the 20 dollar bill has made everything financial worse. Andrew Jackson, the 7th president from 1829-1837 was the only president to balance the budget.


https://www.youtube.com/watch?v=0bFs6ZiynSU

[Boblin the Goblin]

Opprinnelig skrevet av 𝖠̶̶̅𝖨̶̶̅𝖬̶̶̅:

Opprinnelig skrevet av SlowMango:

Finland has a minimum wage. Sweden and Denmark have trade union agreements that set a minimum wage in each sector.

Something that can't work in the US since businesses have always tried to bust unions.

Depending on where you are in the U.S, you actually get better pay/treatment/healthcare going with a union. It's really only in the Southern states in the U.S that are non-Union. Union workers make more, work less, get insurance and have pensions where I live. Non-union workers are treated like dirt here and that discrepancy isn't obvious here either.

Unions do usually treat non union workers like dirt. That is true.

[Mavrah]

Opprinnelig skrevet av Blitz4:

how in the hell is minimum wage now $100k USD annually?

What? How? That's more than what workers with education AND skills get.
It's past time to abolish minimum wage laws and unions.

[Boblin the Goblin]

Opprinnelig skrevet av Mavrah:

Opprinnelig skrevet av Blitz4:

how in the hell is minimum wage now $100k USD annually?

What? How? That's more than what workers with education AND skills get.
It's past time to abolish minimum wage laws and unions.

That isn't the minimum wage.

[Chalupacabaras]

Opprinnelig skrevet av 𝖠̶̶̅𝖨̶̶̅𝖬̶̶̅:

Opprinnelig skrevet av SlowMango:

Finland has a minimum wage. Sweden and Denmark have trade union agreements that set a minimum wage in each sector.

Something that can't work in the US since businesses have always tried to bust unions.

Depending on where you are in the U.S, you actually get better pay/treatment/healthcare going with a union. It's really only in the Southern states in the U.S that are non-Union. Union workers make more, work less, get insurance and have pensions where I live. Non-union workers are treated like dirt here and that discrepancy isn't obvious here either.

Southern here... yeah, about that.

During the 2000s, I worked in my county government's public libraries system and it had a union. The union was decent, but the county commission refused to honor the contract's annual COLA increase for 7 years. We still had our jobs, but we worked more and got paid less while the union kept getting the monthly fees and didn't stand up for us. Eventually the union was able to get things straightened out and we got our backpay, but we also lost a lot of solid workers who didn't appreciate being screwed by all sides.

And before you start, Broward's as blue as you can get -- the DNC chairwoman (at the time) was also the head of the Board of Commissioners -- and it hasn't budged at all.

Lee's deep blue as well and the corruption is bad, but we ditched the unions several years ago because they contractually enabled the corruption and incompetence in important areas like LEO, schools, mass transit, public services, etc. Things have gotten better, but it's going to be a while before we get through the mess.

My previous employer was a call center company, they weren't union. However, their client was Stellantis, a major international automotive conglomerate based in Italy. My department did tech support for several of their U.S. brands -- Jeep, RAM, Dodge, Fiat, etc. -- and they're union.

Stellantis was able to negotiate a contract with the UAW late last year, like the rest of the manufacturers. But then they fired all of the engineers in late March, closed down all of the U.S. manufacturing operations and shipped everything to China because it's cheaper and easier access to their growing EV market.

The union's response? Absolute silence. In 2008, GM got a bailout and the union workers got screwed. The union's response? Again, absolute silence.

One last thing... FDR made it very clear that the minimum wage wasn't meant to be a living wage, but a starting point for Americans to achieve their own financial independence. He'd be furious at seeing the mockery his party has turned it into.

[Chalupacabaras]

If you really want to start fixing things in the U.S., start by re-enacting the Steagall-Glass Act of 1933. It put the entire financial and investment industry on a tight leash, so they wouldn't repeat what happened in 1929.

Unfortunately, it was repealed in December 2000.

[Alaskan Catfish Hike]

You voted for Brandon, you get Bidenflation. You can cope or you can seethe

[Blitz4]

Opprinnelig skrevet av SlowMango:

Opprinnelig skrevet av Mavrah:

What? How? That's more than what workers with education AND skills get.
It's past time to abolish minimum wage laws and unions.

That isn't the minimum wage.

near seattle or san fran it surely is less than minimum wage

in the surrounding areas it's closer to it

as you get away from those areas the min wage goes down

min wage should mean to live comfortably. that's what it originally meant in the 60's and very early 70's. why did it change to what it is defined as now to mean "the minimum amount that someone can get legally paid"

the definition changed from focusing on the employee to the employer

could this be because an average vote in today's election is worth $13 USD and a company is going to fund far more votes with less effort than an employee can??

EDIT:
How can a public company make 40% profits year over year but not even give employees 3% raises when the 3% figure is closer to 4.5% today

[Uncle Sam]

Opprinnelig skrevet av ⛧CyberDemonEmpress⛧:

Opprinnelig skrevet av BassTurd:

So far the US has given Ukraine about $75 billion in aid to fight their cowboy and Indian war with Russia.

Just remember that next time you break down and cry because you can't afford groceries or pay your phone bill.

Imagine if that 75 billion went into creating jobs and helping our country, but that would make me a dirty socialist, right?

This might be hard for to believe but the US has several corporations that generate over a trillion dollars a year all of which empowers the US economy. The US it's self generates 20 trillion dollars a year. So no, it's not a jobs issue. It's that we have a generation of worthless people corrupted by socialist ideology that are ignorant enough to think 75 billion doillars is alot of money to a country as wealthy as the USA.

Well with 75 Billion you could solve the homeless issue in the USA, humanize the prison system in the USA akin to Nordic countries, end hunger completely in the USA and still have many remaining billions left to spare, in other projects.

However those ideas aren't profitable at least in the eyes of Boeing, Lockheed Martin, Colt, Barett, their lobbyist & the bought career politicians, etc.

[Chalupacabaras]

Opprinnelig skrevet av Blitz4:

Opprinnelig skrevet av SlowMango:

That isn't the minimum wage.

near seattle or san fran it surely is less than minimum wage

in the surrounding areas it's closer to it

as you get away from those areas the min wage goes down

min wage should mean to live comfortably. that's what it originally meant in the 60's and very early 70's. why did it change to what it is defined as now to mean "the minimum amount that someone can get legally paid"

I know my math ain't the greatest, but $13/hour is definitely NOT $100K/year. I still don't come close to that after including my tips, totaling around $20-30/hr depending on season.

Minimum wage is federal, that doesn't change unless the state is able to get an approved waiver from the U.S. Department of Labor. What you're trying to refer to is "cost of living", and that's what varies by area.

EDIT:
How can a public company make 40% profits year over year but not even give employees 3% raises when the 3% figure is closer to 4.5% today

Hiring and training a new employee is 40 percent of that employee's annual salary, and most of that is tax-deductible as operational business expense. You're an investment, not a worker, hence employers calling you "assets".

[76561199445701497]

My thought is that I do not let YouTube videos tell me what I am supposed to think.

[Doomerang]

I bet most of you who think America is the worst country in the world do not know what’s going on in the South China Sea or could even point to it on a map

The “free Palastine” graffiti at an Ivy League tells me all I need to know

[76561199445701497]

Opprinnelig skrevet av Doomerang:

The “free Palastine” graffiti at an Ivy League tells me all I need to know

That informed people know what has been happening for 70+ years?

[Majestic Turkey]

Opprinnelig skrevet av ⛧CyberDemonEmpress⛧:

Opprinnelig skrevet av BassTurd:

So far the US has given Ukraine about $75 billion in aid to fight their cowboy and Indian war with Russia.

Just remember that next time you break down and cry because you can't afford groceries or pay your phone bill.

Imagine if that 75 billion went into creating jobs and helping our country, but that would make me a dirty socialist, right?

This might be hard for to believe but the US has several corporations that generate over a trillion dollars a year all of which empowers the US economy. The US it's self generates 20 trillion dollars a year. So no, it's not a jobs issue. It's that we have a generation of worthless people corrupted by socialist ideology that are ignorant enough to think 75 billion doillars is alot of money to a country as wealthy as the USA.

Socialist ideology you say, its a lot when its tax money by a government which is debt spending at a rapidly accelerated rate.

The interest on that debt alone and your trillions are gone.
https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/
2023 $1.0T $34.0T
2022 $830B $31.4T
2021 $612B $29.6T
2020 $518B $27.7T
2019 $564B $23.2T
2018 $571B $22.0T
2017 $493B $20.5T
2016 $460B $20.0T
2015 $435B $18.9T
2014 $442B $18.1T

https://www.youtube.com/watch?v=S2qHcKY5m7A

[A&A]

When 80% of the economy is only services.
Who will deal with the raw materials and production of goods?