EB: Not only do younger generations have to work harder for less money than their parents, they get the additional benefit of having to compete against millions of foreigners for the same jobs

twitter.com/____worldtour/status/1690352500560502784

https://i.poastcdn.org/bb01be03426086f85e47a6b580212f243f2469ef4e40a141e1d0d99ae6a2f88d.mp4

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Probably the worst part is that lots of people who understand that these problems exist think it's just entropy. It's not.

On the flip side, UPS just upped drive pay to $44/hr (a lot of news outlets are saying $170k a year or some bullshit, because they don't understand pay vs pension/benefits).

That's ~$80k a year for UPS drivers, and magazines like Forbes are praising it as some kinda magic of the Biden economy, when really it's an indication of insane runaway inflation. A $190k house from 5 years ago is now $300k. Rent is skyrocketing, even in small cities. It's not a win for UPS drivers to make a half way decent baseline when adjusted for the reckless money printing of the scamdemic + modern monetary theory. It's a sign every single company will have to increase wages or close down to keep up with record money printing.

Only real way to make it is to work for yourself and take that big risk.