I was told that Econ 101 says this doesn’t happen

MikeDamone

WestlinnDuck said:

MikeDamone said:

BleachedAnusDawg said:

This could also factor in to the need to raise prices.

https://www.cnbc.com/2021/10/27/starbucks-hikes-wages-will-hit-15-an-hour-in-2022.html

No, you don’t get it. Wage increases are supposed to come by reducing profit and executive pay. I’m surprised you didn’t know that.

I was in the International Brotherhood of Chemical Workers Union and there is nothing more degrading to a productive worker than getting paid at the same rate as the least productive workers. And that any productive worker gets pounded daily by the least productive. Of course, the chemical plant is long gone. Last strike lasted four months and the by then the broke ass workers finally came back for a nickel raise. Plant became unprofitable and was closed down. Same thing with the teacher unions. I've had several friends that became teachers and most lasted just a few years and then left. Between the union and the inability to discipline their classrooms (supported by the teacher unions) they hated their jobs. You think the slobberer is a happy productive guy? Rhetorical question.

Normal, ambitious people don’t become teachers so I think they are cool with the union. Those who get into teaching and hate being paid the same as bunch of lazy dumbasses leave pretty quickly. So what are we left with teaching kids? Lay people with socialist bend. They also know the school isn’t going out of business no matter what they do, so fuck it.

Private business has the risk of flushing the whole thing.

WestlinnDuck

MikeDamone said:

WestlinnDuck said:

MikeDamone said:

BleachedAnusDawg said:

This could also factor in to the need to raise prices.

https://www.cnbc.com/2021/10/27/starbucks-hikes-wages-will-hit-15-an-hour-in-2022.html

No, you don’t get it. Wage increases are supposed to come by reducing profit and executive pay. I’m surprised you didn’t know that.

I was in the International Brotherhood of Chemical Workers Union and there is nothing more degrading to a productive worker than getting paid at the same rate as the least productive workers. And that any productive worker gets pounded daily by the least productive. Of course, the chemical plant is long gone. Last strike lasted four months and the by then the broke ass workers finally came back for a nickel raise. Plant became unprofitable and was closed down. Same thing with the teacher unions. I've had several friends that became teachers and most lasted just a few years and then left. Between the union and the inability to discipline their classrooms (supported by the teacher unions) they hated their jobs. You think the slobberer is a happy productive guy? Rhetorical question.

Normal, ambitious people don’t become teachers so I think they are cool with the union. Those who get into teaching and hate being paid the same as bunch of lazy dumbasses leave pretty quickly. So what are we left with teaching kids? Lay people with socialist bend. They also know the school isn’t going out of business no matter what they do, so fuck it.

Private business has the risk of flushing the whole thing.

Never happen, but we need to isolate education spending from the commie bureaucrats and give it to the parents. I can tell you that the teachers at Jesuit High School in Beaverton are professionals and largely are paid less than public school teachers.