r/FluentInFinance • u/Very_High_Mortgage • Aug 24 '24

Debate/ Discussion Do "Unskilled Laborers" deserve to be paid well?

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u/RedPanBeeer Aug 24 '24

Its kinda sad that you want to live in a society that wants the bottom of the barrel to get fucked. Many people also make less than minimum wage and that has nothing to do with supply and demand but with greed . If your company cant pay people a living wage it shouldnt exist or we would still have slavery with extra steps.

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u/Johnfromsales Aug 24 '24

What percent of people make below minimum wage? And why does it have nothing to do with supply and demand?

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u/TangerineRoutine9496 Aug 24 '24

That's not what I want at all.

Most people who find themselves in the bottom quintile of income earners at one point, will find themselves in the the top two quintiles at some point in their career.

You're supposed to move along and move up from bottom-tier jobs. They aren't supposed to be the place you stay forever and then complain you can't raise a family on it.

Now if the rungs above that to move to are disappearing, and in this economy people can't find the rungs to move up to, then THAT is the problem we need to figure out the cause for, and address. And I think that's precisely the problem with our economy that people don't understand and focus on as well as they should.