Reply to UPS TO pay drivers $170,000

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This should be exhibit A whenever people try to tell you that unions are a bad thing.[/quote]

Come back when ups raises its delivery costs to reflect this generous compensation package. I doubt you’ll be touting how great this is when the t shirt gift to Timmy costs you 35.00 to ship. [/quote]

Yup. People are cheering it.

Wait until all of this gross wage inflation gets passed to consumers. It will be runaway wage driven inflation.

It took you 35 working years for you to save and your 401k to become worth $2M? Ooopps too bad, that $2M now worthless because wage inflation has ruined your entire life's savings.[/quote]

I dunno, my life feels very similar to how it did the last time UPS workers negotiated a bigger salary for full-time employees. The Chicago school has done an impressive job making labor movements the cause for any and all ills in our society. [/quote]

+1 it is so stupid to say suggest that the entire cost of this will be passed on to consumers and cause a wage-price spiral which hurts workers, especially when a) UPS says it is cutting its revenue forecasts sharply in the article and b) there is ample evidence from the last couple of years that inflation has been caused by firms sticking with high prices they pushed on us from  supply chain problems even after those problems are gone.

Basically it’s Panglossian view that says workers should be glad with whatever crumbs management is willing to give them. [/quote]

Labor costs always get passed on to consumers.  You're just an idiot to think otherwise.

Wait until there's a recession or economic slowdown. They will be forced to increase prices are margins become compressed due to rising labor costs. Labor is always the most expensive cost.  Price increase will come.[/quote]
So who should get a good wage then? No one?[/quote]

Skilled workers, [b]workers with education[/b], entrepreneurs, business owners.  Just being a slab of meat to do hardwork shouldn't mean a high salary.  Picking up trash is hard work. Roofing is hard work. Junk hauling is hard work. Landscaping is hard work.

You gonna pay them $170k too?  Hard work does not automatically mean valuable work. [/quote]

We are a capitalist society.  Wages are set by what the market will bear and by what the industry needs to pay in order to attract sufficient work force to handle the work load.  Basically a derivative of supply and demand.

Due to the pandemic and the explosion of on-line purchases and delivery, the need for package delivery staff has gone up.  Right now, companies like UPS do not have enough drivers to handle the volume and ensure that delivery quotas and deadlines are met.  So, they have to attract more staff and the only way to do that is to increase the salary and compensation offered.

Useless educations do not need to be paid extra.  Just because someone has some random useless LA degree, does not mean they deserve to be paid higher.  Their degrees add nothing to their market value and employers are not required to pay people back for spending money on an education.  I've seen people hired for essentially non-skilled or low-skilled positions and had two employees hired for the same position, but one with a college degree got a significant increase in offer over the one without a degree.  Same job, same required skills.  The degreed person does not deserve more, but got more because of stupid corporate policies that give bonus incentives to those with a degree.

I think people who take difficult to fill positions for companies making a decent profit are worth more than people who happened to blow four years partying and taking courses in subjects that they'll never use and sit at a desk doing a job that makes no money, and just wastes time.  There are thousands of random office workers who are completely replaceable and offer no additional skills or worth for their four years of Spanish and random liberal arts subjects.[/quote]

A society full of haves and have-nots is an unstable society.  It’s bad for the people who don’t earn enough to live comfortably, and it’s bad for the wealthy because they become in danger of revolt.

Unfettered capitalism is dangerous for all of us.  [/quote]

But we don't have an unfettered capitalist society.  We have a capitalist society with a social net.  We have medicare, medicaid, social security, welfare, SNAP, uninsurance employment and a host of other programs that federal taxes pay billions of dollars every year to help support those at the lower end of the scale.

Trying to say that the market should be responsible for ensuring wealth redistribution from the higher end to the lower end is a bad idea.[/quote]

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