there's stupid... and then there's jesse watters

butters

High on a Hill
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“Does Fox have an entrance exam to make sure you’re stupid enough to host 8pm?” the host of MSNBC’s “Last Word” asked on X, formerly Twitter.

Watters currently sits in the prime-time slot that was vacated by Tucker Carlson.

this comes after watters bitches about fast food workers earning '6-figure' salaries and how it skews the whole wage/work relationship

”If you’re making $20 an hour to work at a fast-food restaurant, right? Is that six figures? Are you making six figures?”
“No,” he was told. It actually added up to around $40,000 full-time.

“OK, so, $40k a year. So, and then if your husband or wife is also there. You’re making $100,000 as a family, both working at McDonald’s.”
math was clearly a problem for him... unless we're to believe he deliberately skews those figures in order to inflame his rabid audience

https://www.msn.com/en-us/lifestyle...&cvid=aee275da8a3a43e4dbe9cd6b078e6187&ei=115
 
So, who is being paid too much?

Fast-Food workers or Jesse Watters?
 
Bottom line. $20 per hour for the menial labor of fast food workers does inflate the labor market. Now every skill level above that of fast food workers will demand raises that maintain the levels of values that existed before the $20 per hour rule. Unions will also use that new bottom-line wage as the starting level of their next wage progression contract negotiation where every wage level will be increased at least by the difference between the old and new minimum wage. So the cost of labor will go up across the board.
 
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I truly think there's a lot of boomers and even gen x who still think about wages in terms of what they made growing up. I used to mow grass for $7 and that was the high end of my neighborhood.

And that $7 added up to quite a hefty savings account.

What kid would mow for that amount now?
 
I truly think there's a lot of boomers and even gen x who still think about wages in terms of what they made growing up. I used to mow grass for $7 and that was the high end of my neighborhood.

And that $7 added up to quite a hefty savings account.

What kid would mow for that amount now?
Damn you're young. I grew up in the time where you mowed lawns because your parents told you to. It went something like this, "go cut so and so's lawn, they're too old to be pushing a reel mower".
 
Bottom line. $20 per hour for the menial labor of fast food workers does inflate the labor market.
Wages are only worth what those wages buy.

If inflation has increased the price of goods, then wages should increase the same amount.... Else you're truly meaning that you believe the value of the job HAS decreased....
 
Damn you're young. I grew up in the time where you mowed lawns because your parents told you to. It went something like this, "go cut so and so's lawn, the're too old to be pushing a reel mower".
I didn't charge my parents nor did they ever tell me to cut someone else's lawn.
 
If inflation has increased the price of goods, then wages should increase the same amount...
I agree. However, then you are in a cycle: wages go up, so costs go up, so prices go up, so now wages must go up again... better to avoid that inflation in the first place.
 
Wages are only worth what those wages buy.

If inflation has increased the price of goods, then wages should increase the same amount.... Else you're truly meaning that you believe the value of the job HAS decreased....

The job at $20 per hour (a 25% increase all at once) this labor is overvalued. If the selling price is too high, potential customers may be unwilling to buy the product. As a result, market share can decline. To combat this, technology will be produced and purchased to replace an offending cost center, in this case, the human element. Faced with rising labor costs, businesses will explore automation, robotics, and other technological solutions. These technologies can perform tasks more efficiently, consistently, and without the need for human intervention.
 
Accurate comment. You do not see kids mowing around here and you have not for almost two decades.
You live in an odd place, though it was dumb because it misses my point.

Nobody (regardless of citizen status) would mow a lawn for $7.
 
To be fair, inflation is at 17% or so.
US Inflation Rate is at 3.48%, compared to 3.15% last month and 4.98% last year. This is higher than the long term average of 3.28%.

Why use statistics when a bold lie will do?
 
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