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The Great Resignation? More Like the Great Renegotiation

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Re: The Great Resignation? More Like the Great Renegotiation

#261

Post by brimble »

Gareth321 wrote: post #167
ReaLNero wrote: post #44

Earlier quoted context omitted.

It's catchy, it attracts attention, and it makes people learn what the movement is about. It's one thing to say "defund the police", and it's another to say "penalize police brutality, take police funds and use them to fund social workers trained to disarm situations without using violence, etc."

“Reform the force” It’s not hard to come up with a catchy tagline that doesn’t completely misrepresent the movement. Thing is, the movement is about defunding police. They’re not shy about that: https://defundthepolice.org/

I do not understand why this is regarded as so radical, once I actual sat down and thought it through.

They never do anything about property crime, even for middle class white people out in middle class 'burbs.

The one time we had a shooting anywhere nearby it was really weird and looked a whole lot like a (small-time—the dude was clearly not a seasoned pro, as he wandered into the wrong house first, telling the occupants they weren't who he was after before leaving) organized crime hit, and AFAIK they never solved it even with several witnesses, it happening in broad daylight, and both victims surviving, plus the guy apparently traveling a good long way on foot to and from the scene, and that was years ago, so they're 0/1 on scary violent crime in my area. I can't imagine they'd do better in a more typical case, unless it's one of those incredibly obvious "the boyfriend did it" situations that any idiot could solve in two minute flat. Traffic enforcement should probably be someone else's job anyway, not the police. Imagine how many fewer police officers we could have if they didn't spend 75% of their time sitting on the side of the road with a radar gun, and how much cheaper people who only did that would be—I think we only maintain the status quo because police benefit from fines & seizures, so they don't want to lose that, and as an excuse to fish for other (mostly victimless) crimes or "crimes" (like having too much money in the passenger seat).

I don't really care one way or the other, but if folks in less-nice parts of town want to try getting rid of them, seems OK to me. If it goes very wrong, I expect they'll get experience practically all the downside, so if they think it's a good idea, cool, let's try it. They're mostly dead weight from my perspective anyway—I don't get why actually defunding them, at least to try it out and see what happens, is such a big deal. They're incredibly ineffective and unhelpful, at best. Starting from scratch and seeing what we actually need to pay for doesn't seem like a crazy idea.

Re: The Great Resignation? More Like the Great Renegotiation

#262

Post by sleepingadmin »

Why is the central bank inflation target typically 2%?

Well if you target 0% and any actual result below 0% happens, that's deflation which is a disaster for economies.

If inflation is say 10%. Maximum employment is near certainly impossible. Debt will be expensive and the economy crawls to a halt. Who wants to pay 10% interest on their student debt?

So where in between do you have a good price stability? It tends to be around 2%. It allows for error in measurement, it provides safe cushion.

The USA is at 7% inflation. This means the central bank is not doing their job. They by mandate should have drastically increased interest rates. Inflation almost certainly is out of control now. Looking at central bank balance sheets that are very far from balance, and looking at money supply M2. There's a solid 40% inflation coming. Lets say it sticks to 7%, this inflation will last probably 4 years.

When inflation is so high and interest rates are not. The people winning are those in debt. Which is the government and youngins. However, it also means you cant save money. You must spend money as soon as possible. Tourism is dead for many years.

Flipside, what does this also do? It pressures salaries. You are making 7% less this year but you're making 115% less the next year. So anyone in demand will be in demand and be able to buck the inflation curve.

The people most hurt by high inflation are those who just retired. They no longer can demand more $ for their productivity. Their 'safe' investments are way below inflation. They don't realize yet they cant afford to be retired.

Re: The Great Resignation? More Like the Great Renegotiation

#263

Post by dvtrn »

anthonypasq wrote: post #229
dvtrn wrote: post #141

Earlier quoted context omitted.

I was a long time reader of antiwork because of the former, and ended up leaving because of the latter. These days it’s absolutely reeking with stupendously bad takes about employment law and workers rights that in most cases aren’t actual laws and aren’t actual issues of “workers rights” just “shitty communication between functioning adults”. But that’s a story as common as blue skies and chirping birds: once your f…

once anything gets big, it starts to stink. Call me an elitist, but the average person has wretched taste.

"A person is smart, people are dumb, dangerous, panicky animals"

- An alien invasion movie

Not gonna say I subscribe in text, but in merit...I mean...

Re: The Great Resignation? More Like the Great Renegotiation

#264

Post by wombat-man »

fvavsc wrote: post #135

Exactly, I asked my manager for raise to match market rate. I received meh in response. It was great motivator to start job search. I don't blame her though. It is just how it is, ignore employees while chasing birds in bush lol

Especially in large companies HR dgaf until attrition rates hit a certain percent. Then all of a sudden we're bumping bonuses and ticking up the annual step raise a couple points. It is exhausting.

Re: The Great Resignation? More Like the Great Renegotiation

#265

Post by BoorishBears »

rr808 wrote: post #194
Waterluvian wrote: post #137

It feels fundamentally wrong that my employer cares at all about where I live when determining my 100% remote salary. Can anyone offer me rational arguments for why they shouldn’t just pay people based on what they offer the job rather than where they choose to live? Because it makes me salty to be paid half of what a colleague does because I’m in rural Canada and not San Francisco.

> Because it makes me salty to be paid half of what a colleague does because I’m in rural Canada and not San Francisco. Sure but you're paid multiples of someone in Mexico. Can you explain that?

Their example is bad because they used a different country, if you want US wages live in the US.

But within the US it's pretty ridiculous.

Not all of how you spend your pay is scaled by your cost of living for example...

My employer can't predict where I want to retire, yet by scaling my entire pay by cost of living where I currently am they'd be limiting how much I can save.

You can live in a high cost of living area and decide you're ok with living with roommates and ramen noodles. That results in the same living expenditure as someone in a low cost of living area with significantly more room to save.

Re: The Great Resignation? More Like the Great Renegotiation

#266

Post by boring_twenties »

wonderwonder wrote: post #248
MattGaiser wrote: post #125

Earlier quoted context omitted.

I would be interested to see the difference between those who did switch and those who didn't. It could easily be 20% raises for those moving and 1% for those who are not.

It seems like companies are really having a hard time understanding that people are not going to just take financial hits out of loyalty to a company anymore. Companies still appear to be of the mindset that they can give small cost of living increases and people will stick around for years in hopes of getting promoted. With inflation at 9%, getting a 20% raise after 2 years with a promotion essentially just sets you…

> Why would anyone stick around for that?

Lots of reasons.

First of all, job hunting takes time and effort. If you're rusty at interviewing and need some practice, then even more so. People that have kids or other responsibilities outside of work have even less of both available. On top of that you have to face rejection, which for many people is emotionally difficult.

Secondly, even if everything goes well, it's still a substantial risk. The new job might seem great at first, then turn out to be a nightmare a couple of months in. The old job might not be ideal, but you're used to it, and know you can live with it -- it's the devil you know. Same way that couples often stay in unsatisfying relationships for years, because it seems better than risking ending up alone.

Re: The Great Resignation? More Like the Great Renegotiation

#267

Post by [deleted] »

hungryhobo wrote: post #254
scatters wrote: post #243

Earlier quoted context omitted.

If inflation is 5% and you get a 5% raise, you're level in real terms, right? No, because that 5% is taxed at your higher tax rate, which is (usually) higher than your average tax rate. This is called bracket creep.

but you're still earning more than if you haven't gotten that 5% raise.

[deleted]

Re: The Great Resignation? More Like the Great Renegotiation

#268

Post by fundad »

jsdwarf wrote: post #180
PragmaticPulp wrote: post #19

Earlier quoted context omitted.

> Constant articles and such with very little data. Very frustrating as a reader. Actual resignations are up slightly, but the idea that employees are quitting in droves is exaggerated. It’s higher than normal turnover, but the stories are written in ways to suggest that companies everywhere are gutted by employees leaving in bulk. I feel like “great resignation” was deliberately chosen to mislead people into thinkin…

I believe in the great resignation within the leisure/restaurant industry. Waiters and chefs live mostly off tips, and the COVID limitations have deprived them from those earnings.

Exactly this, demand contracted, millions were laid off. Without more foot traffic, there aren't sufficient tips to keep people in those jobs especially after being burned during the mass layoffs in 2020.

Re: The Great Resignation? More Like the Great Renegotiation

#269

Post by jtbayly »

hungryhobo wrote: post #254
scatters wrote: post #243

Earlier quoted context omitted.

If inflation is 5% and you get a 5% raise, you're level in real terms, right? No, because that 5% is taxed at your higher tax rate, which is (usually) higher than your average tax rate. This is called bracket creep.

but you're still earning more than if you haven't gotten that 5% raise.

And you’ll still be surprised that even though you’re in a higher tax bracket, your standard of living actually went down.

Re: The Great Resignation? More Like the Great Renegotiation

#270

Post by jackson1442 »

Gareth321 wrote: post #167
ReaLNero wrote: post #44

Earlier quoted context omitted.

It's catchy, it attracts attention, and it makes people learn what the movement is about. It's one thing to say "defund the police", and it's another to say "penalize police brutality, take police funds and use them to fund social workers trained to disarm situations without using violence, etc."

“Reform the force” It’s not hard to come up with a catchy tagline that doesn’t completely misrepresent the movement. Thing is, the movement is about defunding police. They’re not shy about that: https://defundthepolice.org/

Right, it's about defunding the police, but it doesn't mean "defund the police and change absolutely nothing else," just like most other movements. You can't put a movement's entire mission into its name.
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