Economic Errata

[K-Dog]

Trump Has Exposed the Fragility of the Global Dollar System

Now it begins: 'corporate' mandated 20 hours a week for associates about a year ago.  Now beginning after the 12th of next month which ends a pay period, my hours are cut.  I will be scheduled for 12 hours a week after that.

Elon wants to take away my Social Security and Trump just docked me $200 a week.  These lame-assed motherfuckers fuck people they never met.

As I was pricing last week.  I could see what we had stocked in the Moreno Valley warehouse by item price jumps.  Things in good supply are not going up in price yet.  Everything else fresh off the boat goes up.

We hope you don't look for a new job.  We really like you here, and we hope you stay.

Of course, what is happening to me is across the board so where would I go?  The stock market will do fine for a while.  Unemployment makes it healthy,  until the unemployed can't buy any shit.  That comes next.  In the meantime my work wages are cut in half and my zeros are going to stop growing.  Trump the thief becomes a real billionaire instead of the pretend one he has been.

[RE]

One of my CNAs makes Xtra money on days off shopping 4 Instacart.  Maybe you could do that to add some hours.

RE

[K-Dog]

One of my CNAs makes Xtra money on days off shopping 4 Instacart.  Maybe you could do that to add some hours.

RE

I am going to spend a month on the reduced hours at least.  We are going into good weather, and I need to tend to the yard and house.  If I decide I need more hours, I will move.

I'm not complaining about the extra bandwidth.  For now.

I probably will be complaining later as I doubt they will do the decent thing and cut a day a week.  They will expect the same team commitment coverage-wise.  More for less when viewed from a correct perspective.

I'm Ok, Other people are going to be singing a much sadder song.

[TDoS]

Trump Has Exposed the Fragility of the Global Dollar System

Now it begins: 'corporate' mandated 20 hours a week for associates about a year ago.  Now beginning after the 12th of next month which ends a pay period, my hours are cut.  I will be scheduled for 12 hours a week after that.

Well,  gut punch to be sure. But in a world of McJobs, can't you go find one to make up for 2 missing 4 hour shifts?

Elon wants to take away my Social Security and Trump just docked me $200 a week.  These lame-assed motherfuckers fuck people they never met.

Well, good thing you've got those low yield investments churning away at...something less than the high yield investments then. I'm sure they didn't have you in mind when beginning to blast away chunks of the federal budget that get in the way of them handing out tax cuts to friends.

We hope you don't look for a new job.  We really like you here, and we hope you stay.

Sounds like a clue to bail. You live in a non-depressed part of the country, opportunities might be plentiful. And closer to home so you don't need to fuel up with danish and coffee on the way to work, saying some significant fraction of your pay, as you last detailed.

Of course, what is happening to me is across the board so where would I go?  The stock market will do fine for a while.  Unemployment makes it healthy,  until the unemployed can't buy any shit.  That comes next.  In the meantime my work wages are cut in half and my zeros are going to stop growing.  Trump the thief becomes a real billionaire instead of the pretend one he has been.

Reverse mortgage on the house and LIVE IT UP! Round the world cruises and shit like that, no point in leaving it to any never-do-well relatives. Tom Selleck is still hawking those products for high net worth but low cash flow folks isn't it? Dunno...sounds like a potential opportunity to screw over those waiting around for you to keel over AND have a good time before it actually does happen.

[RE]

This sounds like a lot, right?  In terms of being realistic, it's also pretty out of the question except for grads of Ivy League or other elite universities in a few fields, mainly finance.  We're not talking an advanced degree, just a Bachelor's.

But even with that, compare it to what you started at in 1978 with BA in investment banking at the top banks.  Typical starting salary was $50K, plus bonus and commissions in some positions.

Adjusted for inflation, $50,000 in 1978 is equal to $254,110 in 2025.

Dollar Times

This is why the Middle Class is a vanishing species.  Starting salaries at even the highest levels haven't even come close to keeping up with inflation.  To Boomers though, $100K sounds like a lot of money, particularly for a recent college grad.  A reasonably successful Boomer like Kdog didn't crack 6 digits even at the end of his career in IT with a Master's.

Besides Banking and an elite degree, about the only field I think you could hope to make 6 figures starting out now would be Nursing, and only with Overtime or maybe as a traveling nurse.  Playing pro football doesn't count.

Far as the list in the article goes, who would hire a "Consultant" right out of college?  You need experience and a track record in any field to be a consultant.  Similar with "Supply Chain Manager".  You would need a few years in logistics somewhere before you got a managerial position.  The low end of those job opening examples is a little more realistic.

https://www.msn.com/en-my/money/careersandeducation/new-grads-expect-to-earn-over-100k-right-after-college-on-average-these-are-the-top-fields-to-achieve-that/ar-AA1DttzA

New grads expect to earn over $100K right after college, on average—these are the top fields to achieve that

RE

[RE]

Taking on debt to EAT is a definite sign of real trouble.  A sign also that there is a reckoning coming in the Consumer Debt sector.  Gotta wonder if the write downs have been priced in on the TBTF bank balance sheets?  There's also weakness in the mortgage market and student debt, now that the Trumpenator has cancelled forgiveness.  Commercial RE also looks bad.  Could be a Perfect Storm brewing.  Individually, maybe you could juggle it around.  All together, much harder to extend & pretend.

https://fortune.com/article/buy-now-pay-later-groceries-economic-concerns-lending-tree-survey/

A quarter of U.S. consumers are now financing groceries with buy-now, pay-later as economic pressures mount, survey says

RE