One of Seven

I’m doing something today I don’t usually. I’m complaining. Yes, you’re right, I have expressed displeasure from time to time but this is different. This is head shaking, head scratching, “what did you expect” vent-age.

You can tell by how late it is that I wasn’t even certain about posting this, but clearly I have. If you don’t want to think of me as a complainer stop here and I’ll see you again on Thursday.

Yesterday’s paper featured an article, “Why aren’t wages rising?” It stated that although some of the brightest economists in the country can’t agree on the reason, they do agree that wages are not increasing any faster than the rate of inflation. Today’s paper had a headline that a local company’s employees are “set for raises” for the next three years after the company and a local union agreed to a new contract.

So salaries are going up, nobody is losing spending power, yet nobody, or at least not one headline writer, is happy.

Was I the only one to see this 60 years ago? There used to be a time wages were commensurate with results. Now they are time released. Ever year everybody gets more money for doing the same work they did the year before. The widget maker doesn’t make more widgets for the widget company to sell yet the widget maker makes more money from the widget company. The widget company can’t report to the widget investors they are turning a smaller profit because they are spending more money paying the widget makers so they raise the price on widgets. Now that the price of widgets is up, everybody who buys a widget, including the widget makers, go to their respective companies and say next year they will need bigger raises, inflation isn’t making their dollar go as far. The next year the companies, including the widget company, increase workers’ salaries, sometimes by predetermined, contracted amounts. Again there are no more widgets to sell to offset the increased expense so again the price of widgets goes up. And the snowball continues its run downhill.

I never have and never will understand how people believe it is their right to get more for doing no more. I also never have understood and never will understand how the same people upon receiving this windfall instead of voluntarily sharing their increase with their church or synagogue or charity or charities of their choices complain about it being not enough while simultaneously complaining about others getting increases for not doing anything to deserve them. The price of everything keeps getting more and more expensive they say.

NoMoreMooneySo wages aren’t going up but are going up just not enough because they only go up as much as necessary to keep with inflation but that’s not enough because everybody else gets more too.  It won’t end. It can’t end. For it to end everybody has to simultaneously say they want no more increases, even minimal cost of living increases. You can’t do it piece meal because somebody will (with a capital WILL) break the chain and not give back. And you can’t just rely on people. You need industry, large and small companies, profit based and non for profits to agree to no increase fees or prices except for bona fide improvements. Wages will go up in response to increases in output and profits will go up when true efficiencies result in lower expenses. Won’t happen. Can happen but won’t. Too many people have to make the right choice. The right choice never made anybody anything for nothing.

Greed is one of the seven deadlies, isn’t it?

4 thoughts on “One of Seven

  1. Greed is the worst of the 7 deadlies.
    But now, in this time and place, it’s no longer horrible. It’s lauded. It’s encouraged. It’s expected.

    And it’s going to tear our entire civilization to shreds, because it’s unsustainable.

    We need to make greed a four-letter word again.

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