I understand that from an economical perspective, this is brilliant, but the natural part of myself also think that this kinda of junk food is ruining this planet. Its more or less directly the cause of most pollution troubles (over-consumerism, transports, .., at the expense of organic local "good" food)
How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
241–250 of 279 posts
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#242Earlier quoted context omitted.
The US has a lot more immigrants from Latin America living here than it did back then. Plus, unemployment is lower (even with the pandemic). I would rather have 1 million people making $12/hr and 0 unemployed and in poverty than 650k people making $18/hr with 350k just shit out of luck. I can’t say the former is what we have, but with unions or tight labor market regulation, the later tends to be closer to what you g…
The problem is that $12/hr is still "in poverty". You've set up a false dichotomy between everyone out of poverty vs most farther out of poverty, but some still in poverty. There's literally nowhere in the US where a single minimum wage job can rent and "affordable" (defined as And it gets even worse in expensive metro areas. The poverty line in san francisco is $117,000 for a family of 4 and $82,000 for an individua…
That’s a bit of a straw man saying “two bedroom apartment”. Why would a single person need to live in a 2 bedroom?
I mean, plenty of people rent a room in a shared house in SF. Are they living in poverty because they don’t live in a two bedroom?
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#243Earlier quoted context omitted.
The US has a lot more immigrants from Latin America living here than it did back then. Plus, unemployment is lower (even with the pandemic). I would rather have 1 million people making $12/hr and 0 unemployed and in poverty than 650k people making $18/hr with 350k just shit out of luck. I can’t say the former is what we have, but with unions or tight labor market regulation, the later tends to be closer to what you g…
Fair wages and guaranteed jobs can both exist.
Is there any point in guaranteeing a job rather than just giving the person the money?
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#244Earlier quoted context omitted.
The US has a lot more immigrants from Latin America living here than it did back then. Plus, unemployment is lower (even with the pandemic). I would rather have 1 million people making $12/hr and 0 unemployed and in poverty than 650k people making $18/hr with 350k just shit out of luck. I can’t say the former is what we have, but with unions or tight labor market regulation, the later tends to be closer to what you g…
The problem is that $12/hr is still "in poverty". You've set up a false dichotomy between everyone out of poverty vs most farther out of poverty, but some still in poverty. There's literally nowhere in the US where a single minimum wage job can rent and "affordable" (defined as And it gets even worse in expensive metro areas. The poverty line in san francisco is $117,000 for a family of 4 and $82,000 for an individua…
Man I have a hard time dealing with comments like this, because people say this sort of thing and it is simply not true. When you get to brass tacks that's when all the other "necessary" expenses usually come up. Gotta have Netflix, gotta eat out once or twice a week, what is the point in life if you cannot consume products? What other ways are there to have fun?
My bills are 800 dollars a month, total. My rent is 400. I live 40 minutes from downtown of one of the largest cities in the US. Before this, they were 1200 dollars a month. I wanted to cut them so I found a way. I have everything I need, and I've got money saved in case of an emergency, I'm going to save my way into the upper middle class living this way, without a degree of any kind.
The trick is to repeat the following mantra: "bills are the devil." That's really all there is to it. Get a car with cash. If you don't have cash, save some cash by not spending all your money. A single person who can't live off 1200 bucks a month is mismanaging their finances. If you can't afford to live in San Francisco, that's not due to our economic system, it is due to how the city manages itself, and it's a way the city is telling you you aren't welcome there. Go somewhere where you can have a decent life.
The only real problem here is health insurance. I do not have it. The health insurance market has been absolutely destroyed by government intervention over the last decade. I remember when I could get a decent plan for 80 bucks a month and I thought that was expensive. It wasn't that long ago.
For families, I get that it is a lot tougher. Two incomes are a must nowadays. But historically, families encouraged their sons to establish themselves financially before having children, and communities that had children young or out of wedlock were usually impoverished. It has always been financially tough rearing children. You can't raise a family working the window at a fast food joint, and there was never a time when you could.
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#245Earlier quoted context omitted.
Fair wages and guaranteed jobs can both exist.
I agree. You can get full employment and a respectable standard of living floor through stuff like a negative income tax and universal health coverage. But making it illegal to work for what YOU consider a low wage and permitting labor cartels is counter productive.
Calling unions "labor cartels" is cheap. You might just as well call democratic systems "law cartels" by that logic.
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#246Earlier quoted context omitted.
The US has a lot more immigrants from Latin America living here than it did back then. Plus, unemployment is lower (even with the pandemic). I would rather have 1 million people making $12/hr and 0 unemployed and in poverty than 650k people making $18/hr with 350k just shit out of luck. I can’t say the former is what we have, but with unions or tight labor market regulation, the later tends to be closer to what you g…
> I can’t say the former is what we have, but with unions or tight labor market regulation, the later tends to be closer to what you get. This is a big claim without any evidence. Given the minimum wages in other western countries are proportionally much higher with no negative consequences AFAIK, do you have any evidence that the richest average income country could not have a higher minimum wage?
>no negative consequences
Meanwhile politicians tell us that double digit unemployment is the new normal.
There are people that are not skilled enough to warrant certain minimum wage. There are jobs that are not feasible at certain wage levels. When you put a floor on what people can agree between themselves that their work is worth, you price people and jobs out of the market. It is self evident when you look at it.
Now, the problems we try to solve with minimum wages are real. Cartel formation of labor demand, coercive bargaining, these are real problems. Minimum wages solve them to a degree, hut not without a new set of problems.
Did you know Norway, Denmark, Sweden, Iceland and Switzerland have no minimum wage at all?
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#247Earlier quoted context omitted.
The problem is that $12/hr is still "in poverty". You've set up a false dichotomy between everyone out of poverty vs most farther out of poverty, but some still in poverty. There's literally nowhere in the US where a single minimum wage job can rent and "affordable" (defined as And it gets even worse in expensive metro areas. The poverty line in san francisco is $117,000 for a family of 4 and $82,000 for an individua…
Man I have a hard time dealing with comments like this, because people say this sort of thing and it is simply not true. When you get to brass tacks that's when all the other "necessary" expenses usually come up. Gotta have Netflix, gotta eat out once or twice a week, what is the point in life if you cannot consume products? What other ways are there to have fun? My bills are 800 dollars a month, total. My rent is 40…
It may seem counterintuitive, but being able to cut your bills down like that is often a privilege. Poverty is a trap and it is hard to move somewhere cheaper when you don’t have enough money to buy a car. You can say “don’t spend your money” all you want but when money is tight you make concessions on things, and it usually leads to higher costs down the road. Cheaper products have to be bought more frequently. Bad cars bought break down sooner. This leads to debt trouble as you borrow from your future to pay for expensive costs now, leading to more fees later. The best money management still can’t predict the unexpected and when you’re barely making it month to month even the slightest setback can have rippling consequences that roll you deeper into debt.
It’s really easy to say “just move and stop spending your money lol” but it really is often more complicated than that.
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#248That's $18.52 an hour in today's dollars. The average pay for a janitor today is closer to $12 an hour. In fact, just a few years after 1976, janitors' wages (at least in LA) started falling sharply below the cost of living: https://socialjusticehistory.org/lalabor/workingla/archives/... The fact that our economic system worked for him does not mean that it works for the vast majority of people in similar jobs. It's…
The US has a lot more immigrants from Latin America living here than it did back then. Plus, unemployment is lower (even with the pandemic). I would rather have 1 million people making $12/hr and 0 unemployed and in poverty than 650k people making $18/hr with 350k just shit out of luck. I can’t say the former is what we have, but with unions or tight labor market regulation, the later tends to be closer to what you g…
Yeah, know what you mean. It's a real hellscape up here in Iceland with all these unions and livable wages. We aspire to become a better and more profitable American style system.
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#249Earlier quoted context omitted.
The problem is that $12/hr is still "in poverty". You've set up a false dichotomy between everyone out of poverty vs most farther out of poverty, but some still in poverty. There's literally nowhere in the US where a single minimum wage job can rent and "affordable" (defined as And it gets even worse in expensive metro areas. The poverty line in san francisco is $117,000 for a family of 4 and $82,000 for an individua…
So what if you can’t afford a two bedroom apartment on minimum wage? Bunk up with a roommate.
okay, but as wage increases continue to lag behind cost of living, are you just going to ask people to bunk up with more and more roommates in a 2BR?
Re: How a janitor at Frito-Lay invented Flamin' Hot Cheetos (2017)
#250I understand that from an economical perspective, this is brilliant, but the natural part of myself also think that this kinda of junk food is ruining this planet. Its more or less directly the cause of most pollution troubles (over-consumerism, transports, .., at the expense of organic local "good" food)
You can choose not to eat it. And plus, a bag of chips once in a while doesn't hurt anyone unless you are allergic to it or a heart patient perhaps.