I did not say I was in support of universal income I was simply identifying the speaker.willthrill81 wrote: ↑Thu May 14, 2020 11:39 amYour statement about working at Walmart for one-fourth of a blue collar worker's prior pay is obviously at least somewhat hyperbolic. Most blue collar workers aren't making $80k/annually.hoops777 wrote: ↑Thu May 14, 2020 11:35 amSounds great....adapt or be left behind.willthrill81 wrote: ↑Thu May 14, 2020 10:50 amYes, workers must be willing to adapt. Like it or not, the job market is constantly shifting and has been for the last ~140 years. Those who do not adapt to it will be left behind. That's just the way it is.smitcat wrote: ↑Thu May 14, 2020 10:45 am"But all of those people aren't employed. We have totally new jobs that simply didn't exist before. Heck, many of today's jobs didn't exist just 20 years ago."
I agree - the problem is that many people will not adapt to new jobs/skills/careers and that will leave them out of luck.
Not a day goes by that I do not see great resistance to new jobs/skills/careers that could pay more, yield higher satisfaction, and lend more future security right on this Bogle website.
The media doesn't help matters when they focus on industries that are failing and people losing those jobs when other industries are thriving and begging for people to work in them.
A lot of older blue collar workers, simply have no option to start a new career. Yea you can get a job at Walmart and try to survive on 1/4 of what you were earning.
I listened to a podcast on Joe Rogan about 6 months ago with Andrew Yang,who was pushing universal income because of the gradual elimination of jobs.
This is a real and very serious problem and no,there are not a ton of thriving industries looking to hire 50 year old truck drivers and the like with good paying jobs.
Issues related to universal basic income are completely off topic, so I won't even touch that.
The point is there are no decent jobs for those people that can adequately replace their old income. This is also off topic so I will end it there.