1026
It always got me how much it costs to be able to work.
Barely mentioned: wage stagnation and inflation.
I feel like my impression of CNBC from a while back was that it just covered stocks and business mergers and stuff like that, but between this, COVID, and the UAW strike it's really been demonstrating its position as a newspaper for business rather than simply about it.
Same as WSJ. They exist to manipulate people with pro-.1% propaganda.
There was a post earlier from wsj about how it makes more sense to rent because mortgage rates are high right now. Because, you know, refinancing doesn't exist and landlords never arbitrarily raise rent
Ah, I'll read that right after "back to office is better for workers!"
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I disagree with the editorialising from the title comment. To me it doesn't seem to celebrate or even opine anything, and that's actually kind of frustrating, because it's obviously bad that people are intending to work longer, regardless of their actual preferences.
Having read the article, to me it's not entirely obvious whether people feel that (A) they don't have enough to save regardless of their intentions (B) they feel saving for retirement is futile for whatever reason, or (C) even if they had extra money, they would prefer to spend the extra on here and now.
The article kind of hints that it's more B or C than A, but it isn't really explicit, and I think that would be the really interesting part of this story to report.
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{SIGHS} Don't eat the rich. That's how you get easily communicable diseases. Instead you should compost them and use them to grow a nice, non edible garden. Preferably one that's good at sequestering carbon!
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greedy people have all the money, you just have to take it from them.. they're not going to give up their wealth and power because it's the right thing to do..
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Pensions for the most part are gone and are not coming back.
It’s why I think Congress should require employer contributions to a 401k and a match. By law.
The only solution is to eat the rich.
I don’t mind working to old age, as long as I can have 6 hour workdays. But let’s be reasonable, no 80 year old grandpa is going to be productive at work.
As a worker I don't like the idea of a pension. It's too easy for some future regime to just get rid of my retirement fund. As long as wage slavery exist I would rather own my own retirement plan.
It's just as easy for a market crash to get rid of your private retirement fund.
you don't even need a market crash, just a corrupt investor managing the fund
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Industrial society and it's consequences have been a disaster for the human race
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It's interesting that we have a generation of politicians who refuse to retire, meanwhile the generations behind them see the option to retire going away. Maybe there is a connection?
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As a millennial, I probably would also want to work a bit in retirement for fun, but not like the job I work now, something more chill or maybe freelance projects.
Obviously that'd require having lots of retirement savings so that working isn't a requirement
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this post was submitted on 23 Oct 2023
1026 points (97.0% liked)
Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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