From the: Be Careful What You Wish For Files - Minimum Wage Hike Edition

[Firefly]

All I know is that my personal, non-employer provided insurance was pretty goddamn cheap pre-2008.

And you know....I'm at a point in life where digging a ditch would be a huge step up from the BS.

Quality of life is what I'm going for now.
I literally cannot wait for the day when everything finally comes home to roost.

Hoovervilles, high crime, and people jumping out of windows. People forget too easily.

Eventually shit piles up and can't be contained forever.
With every movement comes a backlash.

Life is a pendulum

[Averageman]

I literally cannot wait for the day when everything finally comes home to roost.

Hoovervilles, high crime, and people jumping out of windows. People forget too easily.

Eventually shit piles up and can't be contained forever.
With every movement comes a backlash.

Life is a pendulum

Just a little background for those of you who didn't get American History in HS.

https://en.wikipedia.org/wiki/Nine-b...llo#Hoover_hog
During the Great Depression, the species was hunted for its meat in East Texas, where it was known as the poor man’s pork,[21] or the "Hoover hog" by those who considered President Herbert Hoover to be responsible for the depression.[22] Earlier, German settlers in Texas would often refer to the armadillo asPanzerschwein ("armored pig").
https://en.wikipedia.org/wiki/Hooverville
There were hundreds of Hoovervilles across the U.S. during the 1930s.[2] By 1932 millions of people were living outside their homes and hundreds of thousands were living on the streets.[2]

The Bonus Army, a group of World War I veterans seeking expedited benefits, established a Hooverville in Anacostiain the District of Columbia in 1932. At its maximum there were 15,000 people living there.[7] The camp was demolished by units of the U.S. Army, commanded by Gen. Douglas MacArthur.
Central Park, New York City: Scores of homeless families camped out at the Great Lawn at Central Park, then an empty reservoir.[8]
Riverside Park, New York City: A shantytown occupied Riverside Park at 72nd Street during the depression.[9]

http://www.straightdope.com/columns/...out-of-windows
Several well-publicized suicides did fulfill the stereotype. Winston Churchill, visiting New York, was awakened the day after Black Tuesday by the noise of a crowd outside the Savoy-Plaza Hotel. "Under my very window a gentleman cast himself down fifteen storeys and was dashed to pieces, causing a wild commotion and the arrival of the fire brigade," he wrote.

I'm not sure how many guys took the quick way out during the market crash, but I'm willing to bet this time it's many more. And then there will be folks who stashed 25% of their income in a 401K, I imagine a few of those folks will declare and "Open Season" on these Mopes.
I dunno, I don't look forward to it, but I'm guessing I'm a bit more prepared than your average "Hipster."

[Averageman]

Don't hate the playa: hate the game.

I thought he would make a great Attorney with a fine future in Politics.

[soulezoo]

This is not a new prediction, I've listened to Tom Sullivan (financial tv/radio host) talk about this tied to minimum wage since the middle 80's

[Mauser KAR98K]

Automation: Going Galt while still making money.

[Outlander Systems]

Definitely got yourself a shrewd one.

I thought he would make a great Attorney with a fine future in Politics.

[SteyrAUG]

My Son got a Fast Food job in High School at Taco Bell.
He is a pretty sharp kid, whenever he worked the register he would ask if the customer wanted their receipt most said no. He just filled out the customer survey on the back, usually extolling his virtues of service. He would laugh his ass off every time corporate would send someone down to interview him and give him another raise.
I think he was making close to twelve an hour when he moved on to greener pastures.

Smarter than your average bear.

[elephant]

My uncle is the Chairman of the University of Miami, Bascom Palmer. He told me that Obamacare did nothing but create more Administration jobs. Apparently there are more administrators than doctors overall. A higher percent of health care cost go to administrators and most of those are not full time health care professionals, they are golfers.

[26 Inf]

My uncle is the Chairman of the University of Miami, Bascom Palmer. He told me that Obamacare did nothing but create more Administration jobs. Apparently there are more administrators than doctors overall. A higher percent of health care cost go to administrators and most of those are not full time health care professionals, they are golfers.

No, it was that way before Obamacare.

Read this - http://www.uta.edu/faculty/story/231...ndAndGreed.pdf

[ramairthree]

How much does a CT machine cost?
To run and maintain?
I honestly don't know.

I do recall seeing somewhere there has only been about a 20% increase in doctors since 1970.
But a 2000% increase in in administrative and executive personnel.
(Something similar has occurred in college education with professors vs administrative staff)
Medical bills and tuition are paying these salaries.