LJJQ Posted October 3 #26 Share Posted October 3 It was announced a short time ago that a tentative agreement has been reached. Dock Workers will be going back to work & in January will resume negotiations 👍 Link to comment Share on other sites More sharing options...
Rare NMTraveller Posted October 3 #27 Share Posted October 3 What? They did not get the 76% raise they were asking for 😁 Link to comment Share on other sites More sharing options...
Wineaux007 Posted October 3 #28 Share Posted October 3 8 minutes ago, LJJQ said: It was announced a short time ago that a tentative agreement has been reached. Dock Workers will be going back to work & in January will resume negotiations 👍 The strike is on hold until after the election -- How convenient. 🤪 1 Link to comment Share on other sites More sharing options...
Rare NMTraveller Posted October 3 #29 Share Posted October 3 And now goods will cost even more... The workers just got a 62% raise. 😇 Perhaps we are in the wrong business ... Link to comment Share on other sites More sharing options...
Charles4515 Posted October 3 #30 Share Posted October 3 (edited) 4 minutes ago, NMTraveller said: And now goods will cost even more... The workers just got a 62% raise. 😇 Perhaps we are in the wrong business ... The raise is over six years and the shippers have been making super profits. The raises were easy. The other issues won’t be as easy to settle. Edited October 3 by Charles4515 1 Link to comment Share on other sites More sharing options...
Charles4515 Posted October 3 #31 Share Posted October 3 (edited) 9 minutes ago, Wineaux007 said: The strike is on hold until after the election -- How convenient. 🤪 Those were my thoughts. The WH didn’t seem too concerned when the strike began. Edited October 3 by Charles4515 Link to comment Share on other sites More sharing options...
Rare NMTraveller Posted October 3 #32 Share Posted October 3 (edited) 10 minutes ago, Charles4515 said: The raise is over six years and the shippers have been making super profits. The raises were easy. The other issues won’t be as easy to settle. That is well over 10% a year. Perhaps we should all go on strike 😉 Typical COLA is around 3%... Edited October 3 by NMTraveller Link to comment Share on other sites More sharing options...
Rare hcat Posted October 4 #33 Share Posted October 4 gov pensions and Soc Sec for 2025 will have very low COLAS.. Just hope cruises are not affected as to service or rising supply costs! Link to comment Share on other sites More sharing options...
sasset Posted October 4 #34 Share Posted October 4 January 15. Link to comment Share on other sites More sharing options...
Charles4515 Posted October 4 #35 Share Posted October 4 3 hours ago, NMTraveller said: That is well over 10% a year. Perhaps we should all go on strike 😉 Typical COLA is around 3%... When workers have a strong union they usually get more than 3%. Link to comment Share on other sites More sharing options...
Tom and Ingrid Posted October 4 #36 Share Posted October 4 (edited) The good news is that anyone can become a longshoreman! Want the pay they get? Join them and get crackin'! I'm not sure I'd want to move to the areas they work, but I bet if I dug a little deeper, I could find a few places near work that I liked. Edited October 4 by Tom and Ingrid 1 Link to comment Share on other sites More sharing options...
Charles4515 Posted October 4 #37 Share Posted October 4 38 minutes ago, Tom and Ingrid said: The good news is that anyone can become a longshoreman! Want the pay they get? Join them and get crackin' It is not easy to get work as a longshoreman. The work may not be steady. Only those who have high seniority work steady or get the overtime. Link to comment Share on other sites More sharing options...
Tom and Ingrid Posted October 4 #38 Share Posted October 4 (edited) 11 minutes ago, Charles4515 said: It is not easy to get work as a longshoreman. The work may not be steady. Only those who have high seniority work steady or get the overtime. Of course. I wouldn't expect these folks are getting a hand-out, right? They joined a profession, put in the time and effort, and now are getting compensated for - one assumes - years (or decades) of time and energy. But, it's open to all, if they make the effort too. IOW - if folks want sporadic or predictable pay raises - some big, some small - then they can CHOOSE to work their way up as a longshoreman whatever the full process may be. Edited October 4 by Tom and Ingrid 1 Link to comment Share on other sites More sharing options...
Charles4515 Posted October 4 #39 Share Posted October 4 55 minutes ago, Tom and Ingrid said: Of course. I wouldn't expect these folks are getting a hand-out, right? They joined a profession, put in the time and effort, and now are getting compensated for - one assumes - years (or decades) of time and energy. But, it's open to all, if they make the effort too. IOW - if folks want sporadic or predictable pay raises - some big, some small - then they can CHOOSE to work their way up as a longshoreman whatever the full process may be. That is generally right. If they can get hired, that is not an easy hurdle, then it last on the job, they will gain enough seniority to have steady employment. 1 Link to comment Share on other sites More sharing options...
Harrisonkid Posted October 4 #40 Share Posted October 4 All I know is if wages go up the products that comes in Will rise in cost to the buyers ..so buy as much as you can now before the increases happen… and enjoy 1 Link to comment Share on other sites More sharing options...
Rare NMTraveller Posted October 5 #41 Share Posted October 5 1 hour ago, Harrisonkid said: All I know is if wages go up the products that comes in Will rise in cost to the buyers ..so buy as much as you can now before the increases happen… and enjoy The federal reserve blames a lot of it on wage inflation. That is what we are seeing... Can't buy a new house or car due to the crazy rates ... Link to comment Share on other sites More sharing options...
jwlane Posted October 5 #42 Share Posted October 5 9 minutes ago, NMTraveller said: Can't buy a new house or car due to the crazy rates ... You FUNNY! What were mortgage rates 40 years ago? 1 Link to comment Share on other sites More sharing options...
Rare markeb Posted October 5 #43 Share Posted October 5 2 minutes ago, jwlane said: You FUNNY! What were mortgage rates 40 years ago? 13.87 for a 30-year fixed conventional mortgage... According to HUD. 1 Link to comment Share on other sites More sharing options...
Rare NMTraveller Posted October 5 #44 Share Posted October 5 (edited) 12 minutes ago, markeb said: 13.87 for a 30-year fixed conventional mortgage... According to HUD. Ah yes, we have not been this muffed up for 40 years. Do we not learn??? #1 high and #2 high ... Or #1 clown and #2 clown. Edited October 5 by NMTraveller Link to comment Share on other sites More sharing options...
Charles4515 Posted October 5 #45 Share Posted October 5 (edited) 26 minutes ago, NMTraveller said: The federal reserve blames a lot of it on wage inflation. That is what we are seeing... Can't buy a new house or car due to the crazy rates ... Prices don’t go up because wages increase. Wages increase because of inflation. Inflation has been caused by increases in the money supply. The government has been printing more money. Edited October 5 by Charles4515 Link to comment Share on other sites More sharing options...
Rare NMTraveller Posted October 5 #46 Share Posted October 5 (edited) 5 minutes ago, Charles4515 said: Prices don’t go up because wage increases. Wages increase because of inflation. Inflation has been caused by increases in the money supply. The government has been printing money. I agree somewhat... But they were also sending checks to people who had no desire to work... Inflation occurs due to an overheating economy. We saw people day trading AMC stock vs. working ..... The young were not working but the old were. This is what I observed during many vacations. Edited October 5 by NMTraveller Link to comment Share on other sites More sharing options...
Rare markeb Posted October 5 #47 Share Posted October 5 Just now, NMTraveller said: I agree somewhat... But they were also sending checks to people who had not desire to work... And there were people who hadn't spent money for close to 2 years during the pandemic and had a lot of it to spend. See also: cruise pricing. If there's more money regardless of the reason than goods available to buy, prices go up. And if there's more demand for workers than workers, regardless of the reason, wages increase. And here we are. Link to comment Share on other sites More sharing options...
Rare NMTraveller Posted October 5 #48 Share Posted October 5 (edited) 29 minutes ago, markeb said: And there were people who hadn't spent money for close to 2 years during the pandemic and had a lot of it to spend. See also: cruise pricing. If there's more money regardless of the reason than goods available to buy, prices go up. And if there's more demand for workers than workers, regardless of the reason, wages increase. And here we are. A small percentage.... That is why you get inflation... It is all about the larger trends, not the small small ones. Sooner or later the party ends that leads to inflation ... Edited October 5 by NMTraveller Link to comment Share on other sites More sharing options...
jwlane Posted October 5 #49 Share Posted October 5 (edited) 43 minutes ago, markeb said: According to HUD. It was a rhetorical question (I knew! bought 1st house in '83). They just think it's bad now. Edited October 5 by jwlane 2 Link to comment Share on other sites More sharing options...
Rare NMTraveller Posted October 5 #50 Share Posted October 5 5 minutes ago, jwlane said: It was a rhetorical question (I knew! bought 1st house in '83). They just think it's bad now. You would have refinanced your mortgage. I am not sure that you will ever get 3% again ... Link to comment Share on other sites More sharing options...
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