Community Chat

[brii]

On 2/8/2015 annabella said:

On 2/8/2015 brii said:

I hope he can afford to keep the car.

Brii, He has over $300,000 in a fund for him... I am sure he can afford a car now.

That's a lot of money to come into

He probably doesn't have a lot of experience in financial matters. If you don't get good investment advice or people start taking advantage of you, it's not going to last very long.

[June Lands]

On 2/8/2015 brii said:

On 2/8/2015 annabella said:

On 2/8/2015 brii said:

I hope he can afford to keep the car.

Brii, He has over $300,000 in a fund for him... I am sure he can afford a car now.

That's a lot of money to come into

He probably doesn't have a lot of experience in financial matters. If you don't get good investment advice or people start taking advantage of you, it's not going to last very long.

Since we do not know what kind of education he has or smarts for financial matters... Nothing I read said anything except that he worked a job and walked to work.

It is hard to say how he will do. He may be very fugal and smart and hold on to everything so he can retire... invest and live carefully so it lasts him.

[brii]

I hope he does.

[Ms X]

On 2/7/2015 terrier3 said:

What kind of boss would pay a man like him $10.50 an hour after working there for over 20 years??????

The boss said he held him up as a model employee.

He needs a raise.

Stat.

Yes, he needs a promotion to supervisor if possible and then a raise. I'm glad he'll have a car now, but how will he insure it and buy gas? Maybe someone can advise him about training to earn more. I've heard there's a shortage of welders, for example. That would boost his income significantly.

[Ms X]

On 2/8/2015 Marienkaefer2 said: When I see a story like this, I think of the conditions that exist for a story like this. Like, why do our cities not have adequate public transportation? I'm happy for this man, but there are many like him that do not get such attention. People just struggling through every day. So we as a society give him $300k and pat ourselves on the back. Meanwhile, our inner cities crumble, our infrastructure crumbles, our schools crumble. It's a false sense of "oh everything is ok. We are a great society. Look what we did." Instead we should be looking at the domestic problems that create this situation and demand better from our leaders and from ourselves.

Yes! We need more good jobs and fewer policies that drive them overseas and bring in cheap foreign labor! That way, people can live better and taxes will be paid here, which will help infrastructure.

[Pqfan]

It was a very inspiring story. I think it is natural to be skeptical. I was. I am very happy for him.

[terrier3]

On 2/8/2015 Ms X said:

On 2/7/2015 terrier3 said:

What kind of boss would pay a man like him $10.50 an hour after working there for over 20 years??????

The boss said he held him up as a model employee.

He needs a raise.

Stat.

Yes, he needs a promotion to supervisor if possible and then a raise. I'm glad he'll have a car now, but how will he insure it and buy gas? Maybe someone can advise him about training to earn more. I've heard there's a shortage of welders, for example. That would boost his income significantly.

Training to earn more????

Welding is hot, tough work...he isn't that young.

He has the $300,000 (minus taxes) to pay for insurance and gas.

[terrier3]

On 2/8/2015 annabella said:

Since we do not know what kind of education he has or smarts for financial matters... Nothing I read said anything except that he worked a job and walked to work.

It is hard to say how he will do. He may be very fugal and smart and hold on to everything so he can retire... invest and live carefully so it lasts him.

I'm sorry, but NO ONE who has worked at a job for many years, who is a model employee and who the boss holds up as an example to everyone else - should be making $10.50 an hour.

Who can live on that?????

[Ms X]

On 2/8/2015 terrier3 said:

On 2/8/2015 Ms X said:

On 2/7/2015 terrier3 said:

What kind of boss would pay a man like him $10.50 an hour after working there for over 20 years??????

The boss said he held him up as a model employee.

He needs a raise.

Stat.

Yes, he needs a promotion to supervisor if possible and then a raise. I'm glad he'll have a car now, but how will he insure it and buy gas? Maybe someone can advise him about training to earn more. I've heard there's a shortage of welders, for example. That would boost his income significantly.

Training to earn more????

Welding is hot, tough work...he isn't that young.

He has the $300,000 (minus taxes) to pay for insurance and gas.

That money won't last long with rising prices. Someone who walked 21 miles to work every day likely has what it takes to be a welder. He should use the money to train for something that pays better. Do you disagree?

[Ms X]

On 2/8/2015 terrier3 said:

On 2/8/2015 annabella said:

Since we do not know what kind of education he has or smarts for financial matters... Nothing I read said anything except that he worked a job and walked to work.

It is hard to say how he will do. He may be very fugal and smart and hold on to everything so he can retire... invest and live carefully so it lasts him.

I'm sorry, but NO ONE who has worked at a job for many years, who is a model employee and who the boss holds up as an example to everyone else - should be making $10.50 an hour.

Who can live on that?????

Each job has a particular salary scale within which the business can continue to EXIST. Companies can't increase pay without limits just because a good employee stays in a lower-level job. They will go out of business. The answer is more good jobs so that people can move up the ranks.

In recent decades. these jobs have been going overseas and cheap foreign labor by the millions has flooded the domestic labor market. I saw an article in Computerworld just last week about tech companies that are using these outsourcing companies to bring in foreign workers to replace American IT professionals. They are training their replacements and then being let go. THIS is the source of the income gap, not the fact the minimum wage isn't higher. If the labor market wasn't being manipulated through the floods of cheap foreign labor, workers would be more valued and would earn more. There would be better, higher paying jobs rather than just so many low-paying jobs. That is the only way to improve the lot of American workers.