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Americans' fear of losing their jobs grows

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Re: Americans' fear of losing their jobs grows

#191

Post by dragonwriter »

Ensorceled wrote: post #94
glitchc wrote: post #35

I think this reflects a general erosion of trust between employers and employees, which I blame Corporate America for. It used to be a tacit agreement in the workforce that if you worked hard, the boss and the company would take care of you. This illusion has been shattered first by the employers (outsourcing, at-will employment, gig economy), and now the employees (ghosting, switching firms without notice). The lack…

> This illusion has been shattered first by the employers (outsourcing, at-will employment, gig economy), and now the employees (ghosting, switching firms without notice). This wasn't an illusion, companies actually did take care of employees and had pensions and full-time jobs and retraining and stuff. Also, ghosting and employees bouncing is a symptom of the employers not providing any loyalty to their employees. B…

> Boomers and GenX stayed for 30 years when they had pensions,

Uh, GenX was being born as private pensions were being phased out; GenX was 401K at best from day one for the most part, outside of public sector.

Re: Americans' fear of losing their jobs grows

#192

Post by Ensorceled »

dragonwriter wrote: post #191
Ensorceled wrote: post #94

Earlier quoted context omitted.

> This illusion has been shattered first by the employers (outsourcing, at-will employment, gig economy), and now the employees (ghosting, switching firms without notice). This wasn't an illusion, companies actually did take care of employees and had pensions and full-time jobs and retraining and stuff. Also, ghosting and employees bouncing is a symptom of the employers not providing any loyalty to their employees. B…

> Boomers and GenX stayed for 30 years when they had pensions, Uh, GenX was being born as private pensions were being phased out; GenX was 401K at best from day one for the most part, outside of public sector.

The oldest Gen X is almost 60 now, many entered the workforce when there were still defined benefit plans. But you're essentially right, most missed the boat.

Re: Americans' fear of losing their jobs grows

#193

Post by brewdad »

eikenberry wrote: post #189
mjevans wrote: post #126

Earlier quoted context omitted.

That's just a reason why all of the benefits need to be government (and taxes on corporations to pay for them) backed things that are retained across jobs.

They don't need to be government backed, just not tied to an employer/job. Much like current retirement plans are not tied to a specific company.

401k is government backed. The name itself refers to the law that brought them into existence. Just as Roth IRAs are named for the Senator who proposed them. Without the backing of the government, your retirement plan would solely consist of what you save and you'd be taxed on it all along the way.

Re: Americans' fear of losing their jobs grows

#194

Post by threwawasy1228 »

simplecomplex wrote: post #190
WorldMaker wrote: post #161

Earlier quoted context omitted.

Statistically "everyone" who graduated in the Great Recession is still a year or two at least (and in some cases far more) from paying off student loans. Statistically we're a generation of nothing but debt with no savings to fallback on because we've never had a long enough "peace time" of growth to pay back our creditors. It's wonderful to imagine some hypothetical reality where you had enough saved to survive an e…

You’re not responsible for your generation, just yourself. You didn’t answer my question about savings. Are you saving? If not you can and you should. If you don’t have savings the first step is to come up with a budget. Send me an email if you need help it’s in my profile.

Can't budget very well, or save at all if you make exactly how much your base-level living expenses are bud. I'm still eating ramen at the end of the month. What am I supposed to be budgeting here? Count out my bowtie pasta pieces more precisely to budget them? My generation simply can't live like this, it isn't sustainable, and isn't realistic to expect professionals to live in poverty. I barely have enough business casual clothes to make it through a single week cycle and buying more is a huge expense to me. Something bigger is going to have give, maybe a recession is what is needed to show people how unrealistic this is.

Re: Americans' fear of losing their jobs grows

#195

Post by AnIdiotOnTheNet »

tombert wrote: post #188
AnIdiotOnTheNet wrote: post #82

Earlier quoted context omitted.

I don't think the conclusion is that far off, actually. Ask Americans why they are so afraid of things like single payer and you'll see how quickly they place a dollar value on human life. Most especially the lives of people different from them.

I'm for single-payer, but when I've asked my grandmother about why she doesn't want it, she has said "the government wouldn't do it right, the free market can do it better". I completely disagree with her, and I think she's measurably incorrect about that, but that's not an anti-human stance.

Try asking her to elaborate on how the government would screw it up.

Re: Americans' fear of losing their jobs grows

#196

Post by kyleperik »

brewdad wrote: post #193
eikenberry wrote: post #189

Earlier quoted context omitted.

They don't need to be government backed, just not tied to an employer/job. Much like current retirement plans are not tied to a specific company.

401k is government backed. The name itself refers to the law that brought them into existence. Just as Roth IRAs are named for the Senator who proposed them. Without the backing of the government, your retirement plan would solely consist of what you save and you'd be taxed on it all along the way.

I'm not sure that's what was meant by government backed. The government doesn't pay for your retirement fund, a Roth IRA just doesn't charge tax on withdrawals.

Re: Americans' fear of losing their jobs grows

#197

Post by SketchySeaBeast »

corebit wrote: post #118
pm90 wrote: post #112

Earlier quoted context omitted.

The answer is that companies can’t. Private businesses shouldn’t have to create expensive welfare programs for their employees, but pay their taxes and let Government take care of healthcare and other essentials through national healthcare programs.

"Private businesses shouldn’t have to create expensive welfare programs for their employees, but pay their taxes and let [individuals] take care of [their own] healthcare and other essentials". FTFY

Is the theory that healthcare prices would drop like rocks and surgeries wouldn't cost hundreds of thousand of dollars, or do the poor just die?

Re: Americans' fear of losing their jobs grows

#198

Post by SketchySeaBeast »

corebit wrote: post #118
pm90 wrote: post #112

Earlier quoted context omitted.

The answer is that companies can’t. Private businesses shouldn’t have to create expensive welfare programs for their employees, but pay their taxes and let Government take care of healthcare and other essentials through national healthcare programs.

"Private businesses shouldn’t have to create expensive welfare programs for their employees, but pay their taxes and let [individuals] take care of [their own] healthcare and other essentials". FTFY

Is the theory that healthcare prices would drop like rocks and surgeries wouldn't cost hundreds of thousand of dollars, or do the poor and middle class just die?

Re: Americans' fear of losing their jobs grows

#199

Post by simplecomplex »

threwawasy1228 wrote: post #194
simplecomplex wrote: post #190

Earlier quoted context omitted.

You’re not responsible for your generation, just yourself. You didn’t answer my question about savings. Are you saving? If not you can and you should. If you don’t have savings the first step is to come up with a budget. Send me an email if you need help it’s in my profile.

Can't budget very well, or save at all if you make exactly how much your base-level living expenses are bud. I'm still eating ramen at the end of the month. What am I supposed to be budgeting here? Count out my bowtie pasta pieces more precisely to budget them? My generation simply can't live like this, it isn't sustainable, and isn't realistic to expect professionals to live in poverty. I barely have enough business…

If your living expenses are truly exactly your income then you need to move. You’re either making really little or living in an expensive area.

If you were in say Dallas TX for example and you waited on tables for $14 / hour you would be making double the rent.

You’ve got to have a plan.

Re: Americans' fear of losing their jobs grows

#200

Post by cptnapalm »

chillwaves wrote: post #134
cptnapalm wrote: post #75

Earlier quoted context omitted.

Remembering the 1992 election, the press kept hammering "recession recession recession" despite the recession itself being over for about a year. Job numbers had been growing for months, but still it was "recession recession recession" over and over again in the press right up through the election, but not after. The New York Times was talking about the "Clinton Recovery" months before Clinton was even in the White H…

Why was the mainstream media campaigning for Clinton?

He was the Democrat and once the pile on started, it never let up.
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