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/biz/ - Business & Finance


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56119149 No.56119149 [Reply] [Original]

How bad will this ruin the us economy?

>> No.56119151

Yes

>> No.56119159
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56119159

>>56119149
inflation is gonna cause every industry to strike/unionize so their wages catch up to the cost of living

>> No.56119175

>>56119149
you have no idea how bad things are going to get.

>> No.56119177

>>56119149
What the fuck does it matter about what side people are on, and conducting the poll?

>> No.56119201

>>56119177
This poll will influence US immigration policy goy!

>> No.56119219

They must have interviewed only boomers.
>I TIGHTENED A SCREW ON THE CAR. I DESERVE $50/HR + PENSION

>> No.56119224

>>56119159
god I hope so

>> No.56120724

>>56119149
this is good for the US economy actually, unions are never good for the macro picture

>> No.56120753
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56120753

>>56119149
>neither

>> No.56120758 [DELETED] 
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56120758

>>56119219
>MAKIN MONEY IS COMMUNISM
>I PAY MY JEW BOSS TO FUCK ME UP THE ASS AND CUM ON MY FACE -- NOW THAT'S FREEDOM
>YA GOD DAMNED NIGGERFAGGOT JEW KIKE COMMIE!!!!! GO BACK TO CHINA!!!!!

>> No.56121029

>>56119149
>40% pay hike
ludicrous

>> No.56121059

>>56119149
>neither
Based and nothing ever happens pilled

>> No.56121068
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56121068

>I support open borders and no human is illegal
>gee why haven't my wages gone up

People are so fucking stupid lmao

>> No.56121140

>>56119224
this is pretty much inevitable as boomers age out of the system. we're losing working age population so they either need to import more illegals or fight for a shrinking labor pool with better wages/lower hours/bennies.

>> No.56121144

>>56121068
Yeah If union members weren’t such good goy democrat voters I might support them

>> No.56121151
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56121151

>>56119149
>Neither 2%

>> No.56121173

>>56119177
Easy engagement ploy

>> No.56121189
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56121189

>>56121140
Robots solve that. America needs to catch up

>> No.56121264

>>56121144

They strike for higher wages then vote for politicians that bring in millions of scabs every year. They're too stupid to figure this out.

>> No.56121281

> auto workers

kek, the reason why they are worried about this is because the many of politician's biggest investment is in the auto industry.

This is why GM was bailed out twice while Toyota was fudded hard by every new station in 2012.

>>56120758

lol, this guy gets it 100% and unironically, it's the entire republican party.
One thing i'v noticed over the past 20 years of my life, with the dems you work, you pay taxes, you get some kind of welfare.
With the conservatives/republicans, you work, you pay taxes, you get nothing except maybe your wages cut while illegals are shipped.

>>56119175

For all the retards who don't want to work, yea, it's going to get bad lol

>>56119201

The Dems don't import them as much, but they "integrate them" to become more American. The republicans immigrate them but pay them slave labor wages, republican's don't seem to care that pockets of millions of illegals are just slave labor and not being integrated.

>> No.56121291

>>56121189
800 of South koreas are pick and place machine making samsung phones

>> No.56121295

>>56119219
Fuck you scab

>> No.56121357
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56121357

>>56121068
That’s not how the world works.

Personally, The only friend I have who came here now owns 3 restaurants and employs over 20 white Americans.

>> No.56121359

>>56121189

That's now how America works.

American culture is all about slaves.

Imagine a business owner pulling up to his job with a half million dollar 2 seat vehicle while his 3 million dollar diamond ring shines like a flashlight at night.

He steps into his company too to be seen by what? a bunch of robots? no no no, that's no way to live for these people.

They literally exist to be gazed upon by lowly paid, conquered depressed souls barely scraping together enough to pay the rent and buy a seat at the movie theater.

>> No.56121365

>>56121357
Fag.

>> No.56121386

>>56121357
>my personal experience
wow! so many scientists, engineers, and doctors from 80-90 IQ countries! Think of the food becomes the last defense.

>> No.56121402

>>56121357

This is true and it's mainly because "Americans" are sodomites who eat the bitter fruit.

A hate cult in bondage.

>> No.56121427

>>56121365

kek, imagine being so jealous, lazy, hateful and thinking at the same time you think of yourself as privileged and deserve whatever it is you desire.

poor desperate selfish soul

>> No.56121430
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56121430

>>56121189
>more robots results in more work hours
/biz/ told me robots make us work less

>> No.56121431

>>56121359
Kek.
But seriously, even China is ahead of you now. You guys need to stop focusing so much on software, and get back to producing real things again.

>> No.56121434

>>56121386
>doctors

Because of our flawed med school system that limits the supply of new doctors, our healthcare system would collapse without immigrant doctors.

>> No.56121464
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56121464

>>56121431
That’s because we produce higher value items. Nobody wants to buy Chinese planes and tractors.

China has a billion more people than America and only manufactures 10% more value.

>> No.56121476

>>56119149
It will help the economy
if they side with the workers

>> No.56121487 [DELETED] 

>>56121281
>The Dems don't import them as much, but they "integrate them" to become more American. The republicans immigrate them but pay them slave labor wages, republican's don't seem to care that pockets of millions of illegals are just slave labor and not being integrated.
All the shit you posted is literally a lie, how do you even exist? Are you a time traveler from 20 years ago?

>> No.56121489

>>56121431

This is true however the US cannot compete because it doesn't have the workforce size, general educational depth or community welfare to do so.

The entire country is operating like a handlers and prostitutes.

>> No.56121501

>>56121140
All the shit you posted is wrong, Millennials are the largest generation in history.

>> No.56121513

as badly as possible, I hope

>> No.56121517

>>56119149
Union auto workers are the most fucking overplayed double digit iq retards you will ever come across. I worked in an auto facility (gm) for a year when I took a gap year after highschool and everyone there clearly had halted their brain development in their youth from drug use and are so entitled that they think they can argue that any of the work they do can’t be done by literally anyone else in the world and it’s somehow “skilled”. I would literally learn jobs in 3 hours that I watched other people take 4 days to learn, most the people there are in their 30s too. It was so brutal trying to train fucking anyone on a job. Although I think it’s fair game that the unions take advantage of their power, it’s completely a joke to feel any sympathy for these people, they got themselves into the retarded hole that theyre in and are making much more than a living for work than can be done by a monkey.

>> No.56121545
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56121545

Greetings, Hasbara agents and glowniggers. Sure would be a shame if someone handed out NJP pamphlets to the masses of striking workers.

>> No.56121554

>>56121487

lol, i worked for a "conservative" jewish family owned company who sent out letters to it's employees stating...

"Do not vote for Trump, instead vote for Scott Walker"

$10 per hour wage, no benefits, however contracts with major hotels, GE medical, waste management and recycling plants.

An entire closed off shop loaded with illegals building wood pallets, which the "legal" employees were told never to enter that area.

>> No.56121576

>>56121281
nothing ever happens
applies to every single thing you said
nothing ever happens
those zoomers who don't want to work will continue not working and being fine, and those who do want to work will continue to work for lesser and lesser wages
nothing
and I can't stress this enough
NOTHING
will happen

>> No.56121585

>>56121501
Millennials are already tapped out retard. The youngest millennials are 27, we're already all in the labor market or condemned to being neet losers at this point. Zoomers are the ones entering the labor market every year and they're a much smaller generation than the boomers.

>> No.56121616

>>56121585

Zoomers wages are higher than when millennials were entering the workforce.

I couldn't find a job above $8 per hour in 2004.

People complain about inflation but it's mostly fat people who throwing a temper tantrum because they can't have a Denny's 5 for 5 anymore now that's is a 3 for 20

Fat lazy slobs are in ruins right now all over America, you better fuckin believe it.

>> No.56121631
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56121631

>>56121357

>dilute labor pool by 30 million people
>why won't wages go up
>ummm ackshually one guy started a restaurant so that disproves what you are saying

Are you really so stupid that you think that diluting the labor pool doesn't lower wages?

>> No.56121646

>>56121357
how'd he survive covid? almost every restaurant i liked permanently closed down because of the lockdowns

>> No.56121664

>>56121646

The guy is just making shit up and posting propaganda

>> No.56121674

>>56121430
south korea has an insane work culture that makes japan look like spain. there's a reason why their suicide rates overtook historical suicide gold medalists like russia and lithuania

>> No.56121800

>>56121646
Covid made his business boom. Before Covid he had one restaurant in an okay part of a medium sized city in Tennessee.

Once Covid happened, he got a PPP loan, explosion of DoorDash orders, and a lot of hipsters moved to that part of town increasing the property value.

He then refinanced the land of his restaurant and made a second restaurant in 2021, and he just opened a third restaurant a couple of months ago.

>> No.56121832

Does this mean my cars value will go up?

>> No.56121841

>>56121631
Immigrants shrink the labor pool by hiring to a greater extent than diluting the labor pool by being a wagie.

Don’t forget that US Tech companies (best performing industry in the past decade) are mostly run by Indians now. Microsoft, google, and many more companies have hired a lot of Americans thanks to the management decisions of Indians.

>> No.56121875

>>56121841

>more workers
>smaller labor pool

You literally have Downs lmao

>> No.56121885

>>56121841
retard

>> No.56121894
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56121894

>>56121281
Yes goyim, it's the rep/dems!

>> No.56122813
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56122813

>>56121875
Explain this trendline then

>> No.56122819

errybody getting raped

>> No.56122841
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56122841

>>56122813
Ahem

>> No.56122867

I hope they get the pay hike.
I still know how to do all the jobs from when I was an operator.
I'll make plastic car parts for $25 an hour. You better fucking believe it.
However I don't have high hopes as my local UAW left a weak taste in my mouth.

>> No.56122910

>>56122813

You assume anyone is taking you seriously at this point. They aren't.

>> No.56122920

>>56119149
not enough. never enough.

>> No.56122921

>>56119149
the funny part is that 75% seems like an outrageous raise but in reality probably doesn't even match purchasing power of whatever they were making 20+ years ago

>> No.56122941

>>56122921

That's the issue. The class war on the worker through mass immigration has eroded their purchasing power to nothing.

>> No.56122953

>>56122921
Every employee down to the janitors could be making $100 an hour and the board would still be millionaires (not billionaires though, sadly).
The top really does siphon off almost the entirety of the value of the labor of the actual workers for "work" that could be done by ChatGPT.

>> No.56123216

gm, stellantis, ford union employees = 150,000

gm ceo comp = 29,000,000

est gm union emploees = 50,000

avg gm union pay = 80,100

lets give gm ceo a 95% pay cut = 1,450,000

savings = 27,550,000

savings ÷ union employees = $551

union pay right now x number of workers = 4,005,000,000

union pay with 46% increase = 5,847,300,000

gm 2022 revenue = 156,700,000,000

gm 2022 operating expenses = 146,421,000,000

revenue - expenses = 10,279,000,000

who benefits from whipping up the wagies into anger?

2022 was a good year for GM, Ford made just over 4b

do the math! how will this affect the price of your next car?

>> No.56123227

>>56122953
communists are not good at math and cause and effect hypotherical scenarios

ceo pay is a tiny, non issue, compared to the rest of company spending, to suggest it can be done by gpt shows you have no idea of how these systems work

>> No.56123229

>>56119149
Their jobs are going to Mexico because they want 30-40%+ pay hike lol. Corporations would freak just having to pay 10%. Thanks for playing union plebs.

>> No.56123234

>>56123216
*median gm union pay is 80,100 i meant

>> No.56123273

Amazing that /biz/ is anti union. The supposed anti establishment, renegade 4chan is just a bunch of boot lickers for the people at the top that crush the middle class. Hilarious.

>> No.56123318

>>56119159
>inflation is gonna cause every industry to strike/unionize so their wages catch up to the cost of living
You obviously don't know that hyperinflation and fiat currency collapse don't give a shit about wages right? Only services, metals and commodities really matter.

>> No.56123321

>>56123273
what will be the effects if the union members get their way?
and what will be the effects of those effects?
who is actually "crushing" the middle class? can that even be attributed to one single demographic or reason?
the "establishment" sure seems pro union nowadays, you can see it everywhere, who speaks against the unions? what happens to the average person who questions union goals? there is a word for it, scabs
would severely restricing the amount of immigrants into this country have any effect on middle class wages? would it have any effect on rent prices and housing affordability?
housing has far outpaced inflation, owning a house used to be a marker of a middle class lifestyle, but what happens when the demand for housing far outpaces the supply?
is additional inflation and more expensive cars good for the middle class?
examine effects of effects, disregard the beliefs of your current political religion, seek the higher probability truth, predict the future

>> No.56123645
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56123645

>>56121295
>scab
No such thing. It's a free market. I have a right to work.

>> No.56123660

>>56121029
40% on fuck all though (56k average a year).

>> No.56123676
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56123676

>>56122941
>class war
Fuck off, commie scum

>> No.56123706

>>56119149
What is it 40 million americans have student loans? How many will start repaying them in unironically 2 weeks? That means less sales, less sales means the big 3 have less pressure to produce meaning the inventory they currently are sitting on will last longer than people think. 2+2=fish

>> No.56123729

>>56123318
I see that you're ESL anon by the way you missed the whole meaning of that reply

>> No.56123733

>>56123216
>>do the math! how will this affect the price of your next car?
Car prices are already fucked even without this wage raise, so why should I care?
Whether they're $50k or $80k doesn't really matter, they're both unaffordable.
I say, let 'em strike, fuck corpos, they should all hang.

>> No.56123744

>>56123660
Okay? It's still a 40% increase in wage costs for auto business that will directly get passed onto the consumer, we're already in the inescapable inflation spiral until something breaks

>> No.56123750

>>56123676

National socialist thank you.

>> No.56123789
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56123789

>>56123750
I don't care what you commies call yourselves.
ALL SOCIALISTS GET THE ROPE

>> No.56123794

>>56119149
We need for these workers to win the fight for higher wages so other, much smaller, groups of workers feel confident in starting their own strikes. This will trickle down until wages close in on the housing gap. (hint: they won't ever touch)

>> No.56123942

>>56119149
depend, if unions win, and wages grow inflation will be forever priced in, just admit that and go over, well this lead a devastating snowball effect, and inflation could continue to climb, maybe something more than now.
If unions wont wint, power purchase will continue to fall and disruptions in the chain will be very hard to contain.
in both case we are fucked in some ways

>> No.56123955

>>56121501
They're also the 2nd smallest age group in manufacturing.

>> No.56124028

>>56119149
More inflation after the UAW go on strike

>> No.56124030

>>56123733
So you're saying it's ok to triple prices that are already fucked?

>> No.56124055

>>56124030
I'm saying I don't care because it makes no difference.
Welcome to hyperinflation, time for corpos to get fucked by the shit they helped create.