SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: flatsville who wrote (19022)9/17/2000 3:01:59 PM
From: patron_anejo_por_favor  Read Replies (3) of 436258
 
Flats...in looking at it some more, I certainly see your point. I don't begrudge blue collar workers their "piece of the pie"....after all, at least these folks are working and producing or providing a needed service. I was wrong to imply that a bus driver in L.A. (where the cost of living is skyrocketing anyway) couldn't possibly be worth 80K/yr, no matter how hard he works.

The reason I posted the article was to illustrate the building pressures of wage inflation, which is the very problem that several Fed officials (just last week) took pains to reassure us was not on the horizon. Once the bubble asset inflation rips through the economy, we'll see nurses, bus drivers, school teachers making 100K; janitors, landscape maintainence workers, road construction workers making 60K, Fast food workers and grocery stocking clerks making 35K, etc. All of the above before benefits (which are skyrocketing themselves, particularly health care costs). This is just the beginning.....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News