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Baroclinic Zone

Spring Banter

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41 minutes ago, amarshall said:

morning story #4343543 that small businesses are in trouble now that we've put everyone on universal basic income. I'm looking for someplace to rant but I got rid of Facebook. 

This morning

My favorite bakery can't open early because they have no staff to come in and make croissants at odd hours. There's not enough money you can pay people to be a baker anymore.  The owners are in their 60s and I'm sure they are going to close the place down sooner rather than later.  The other option is Dunkin Donuts . 

Yesterday

My friend told me his small business put an add in the paper two weeks ago for entry level work at $15/hr. No applicants. They upped it to $20/hr last week and got 4 bad applicants. Parole people required to apply for jobs etc. 

My business

Restaurants on Cape Cod  that want to open can't staff their establishments .  Restaurants opening now at limited capacity not because of the state but because of staff. 

The downstream effects of UBI and stimuluses are having a devastating effect on small businesses.  There is a huge undocumented population on Cape Cod (brazil) with their own shadow economy.  We legally need to be able to tap into that labor pool.  

This is a multiple decades long problem coming to a head.

Minimum wage has not followed the cost of living for like 40 years now. It should be probably double what it is now.

The pandemic assistance has given folks a security blanket to balk at working for minimum wage.

It’s unfortunate for small businesses, but at the same time, minimum wage should have increased a lot more in the last 30-40 years. 

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2 minutes ago, SouthCoastMA said:

I'm starting to dabble.

Bought some LiteCoin yesterday, but very small amount. 

Ethereum and Bitcoin are obviously the top 2, but LiteCoin is probably in the top 3 - and I may just stick with that going forward. 

XLM is another alt-coin crypto play that might be interesting..or it could also disappear completely. lol

Yea litecoin and XLM. I really like XLM and I actually understand it lol. 

Compound is interesting too.

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2 minutes ago, SouthCoastMA said:

I'm starting to dabble.

Bought some LiteCoin yesterday, but very small amount. 

Ethereum and Bitcoin are obviously the top 2, but LiteCoin is probably in the top 3 - and I may just stick with that going forward. 

XLM is another alt-coin crypto play that might be interesting..or it could also disappear completely. lol

thanks, was looking at LTC, XLM.. and DODGE just to play around.. these trade 24hrs? not sure how I can keep track.. lol

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Just now, Bostonseminole said:

thanks, was looking at LTC, XLM.. and DODGE just to play around.. these trade 24hrs? not sure how I can keep track.. lol

Yea I believe its 24 hours - but not 100% sure. I just opened up a coinbase account the other day.  Just be careful with the fees on each transaction if you start doing recurring buys. 

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Just now, SouthCoastMA said:

Yea I believe its 24 hours - but not 100% sure. I just opened up a coinbase account the other day.  Just be careful with the fees on each transaction if you start doing recurring buys. 

that's another question, most use coinbase? I was looking at robinhood.. but not sure about them

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1 minute ago, Bostonseminole said:

that's another question, most use coinbase? I was looking at robinhood.. but not sure about them

Robinhood doesn’t have all the cryptos so that’s where coinbase comes in. 

I have some on Robinhood and the rest on coinbase.

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The cool thing about coinbase is you do these quick learning vids and quizzes for several cryptos and they give you those coins. So you learn a little and get free coins. Good place to start imo.

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10 minutes ago, Bostonseminole said:

my wife wants to open a bakery.. i told her no way I'm getting up at 4 am to make the donuts

 

She said their bakers start at 1am. 

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1 minute ago, RUNNAWAYICEBERG said:

Robinhood doesn’t have all the cryptos so that’s where coinbase comes in. 

I have some on Robinhood and the rest on coinbase.

i have too many accounts now, need to consolidate.. Ameritrade, Merryl, Fidelity Etrade and now Robinhood..  I like having them because it gives me access to more research reports but still hard to manage

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Just now, Bostonseminole said:

i have too many accounts now, need to consolidate.. Ameritrade, Merryl, Fidelity Etrade and now Robinhood..  I like having them because it gives me access to more research reports but still hard to manage

Yea I have amtrade, robinhood, coinbase, ameriprise, and fidelity. It’s fine...I like having the spread and access. 

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10 hours ago, PhineasC said:

I am sitting outside at my place in DE and I am getting freaking coated in tree splooge. It's literally raining down on me as the trees have sex all around me. I have never seen the pollen this bad. I'm ****ing coated, like a damned porno. What the f*ck is going on here?

Oaks?

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1 hour ago, amarshall said:

morning story #4343543 that small businesses are in trouble now that we've put everyone on universal basic income. I'm looking for someplace to rant but I got rid of Facebook. 

This morning

My favorite bakery can't open early because they have no staff to come in and make croissants at odd hours. There's not enough money you can pay people to be a baker anymore.  The owners are in their 60s and I'm sure they are going to close the place down sooner rather than later.  The other option is Dunkin Donuts . 

Yesterday

My friend told me his small business put an add in the paper two weeks ago for entry level work at $15/hr. No applicants. They upped it to $20/hr last week and got 4 bad applicants. Parole people required to apply for jobs etc. 

My business

Restaurants on Cape Cod  that want to open can't staff their establishments .  Restaurants opening now at limited capacity not because of the state but because of staff. 

The downstream effects of UBI and stimuluses are having a devastating effect on small businesses.  There is a huge undocumented population on Cape Cod (brazil) with their own shadow economy.  We legally need to be able to tap into that labor pool.  

So are we to gather you implicitly disagree with Universal Basic Income ? 

The bold statement above, I have noticed this in the past - these sort of 'begging to get people to work at 15/hr'  stories are not as uncommon as we may think. 

Are they real tho?  Some of it has to be.  I see it my self.  I keep seeing 'help wanted!' signs at the entrances of cottage industry level...sort of mom-and-pop outfits ... bodega this and thats.  And I wonder if things are as bad as we are seeing in the gallery media portrays - why aren't those ends connecting?

I'm not saying UBI isn't necessary or wanted ...etc.  However, I do suspect there are other forces not being very well exposed in the on -going art display.

interesting -

 

 

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32 minutes ago, Typhoon Tip said:

So are we to gather you implicitly disagree with Universal Basic Income ? 

The bold statement above, I have noticed this in the past - these sort of 'begging to get people to work at 15/hr'  stories are not as uncommon as we may think. 

Are they real tho?  Some of it has to be.  I see it my self.  I keep seeing 'help wanted!' signs at the entrances of cottage industry level...sort of mom-and-pop outfits ... bodega this and thats.  And I wonder if things are as bad as we are seeing in the gallery media portrays - why aren't those ends connecting?

I'm not saying UBI isn't necessary or wanted ...etc.  However, I do suspect there are other forces not being very well exposed in the on -going art display.

interesting -

 

 

I disagree with UBI based on the fact most small business can't pay $20/hr for help that won't show up. What happened to $12/hr high school and college kids.  Who pumps gas? This year we heard so many stories of college kids applying for unemployment due to CV.  They couldn't "find a job" so they got $570/week to sit home. I don't know if you can still do this. 

There's a number in Massachusetts and I'm not sure what it is, but it's getting higher where it's more advantageous to sit on your keister than get a job. 

$20 /hr gets people in the door.  A lot of business can't survive on that.   You'll see a lot of automation coming further making the problem worse. 

 

 

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I'm getting my first today ...

I'm hearing this hydration precautionary from a few different sources.

Is there some actual ( at least ) anecdotal accounts where someone got popped in the arm and 10 hours later said, "f*, I wish I had a glass of water"   ?

I mean is there something very obvious about this that transcends the normalcy that the average person is a nimrod about hydration as a baser health requirement and most operate at a deficit ??

I'm not trying to be snarky incredulous as that succeeds at intimating ... LOL, but I drink a lot of water anyway.   So I'm not sure what/where/why the source for that hydrating thing is coming from.  I'm thinking it just applies to the common denominator of dehydrated people ...

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12 minutes ago, amarshall said:

I disagree with UBI based on the fact most small business can't pay $20/hr for help that won't show up. What happened to $12/hr high school and college kids.  Who pumps gas? This year we heard so many stories of college kids applying for unemployment due to CV.  They couldn't "find a job" so they got $570/week to sit home. I don't know if you can still do this. 

There's a number in Massachusetts and I'm not sure what it is, but it's getting higher where it's more advantageous to sit on your keister than get a job. 

$20 /hr gets people in the door.  A lot of business can't survive on that.   You'll see a lot of automation coming further making the problem worse. 

 

 

$12/hr work just isn’t happening anymore because you can’t even survive on it.  The ski areas, tourism industry, restaurants, hotels, etc up here are all dealing with it.  They need J1 international labor to work for those wages, Americans just won’t do it unless they are in high school.

My wife is spa director at a local hotel and they went from $12-13/hr starting pre-COVID to $17/hr base wage to work like Spa desk and to restock towels/robes.  Hotels around here need to start at $17-19/hr just to get people to apply.  Hell even McDonalds is saying like $15/hr in Morrisville I think.

Its not a bad thing to raise entry level wages, they are so far off from a livable wage.  Or you can pay $12/hr but you need to supply employee housing.

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4 minutes ago, powderfreak said:

$12/hr work just isn’t happening anymore because you can’t even survive on it.  The ski areas, tourism industry, restaurants, hotels, etc up here are all dealing with it.  They need J1 international labor to work for those wages, Americans just won’t do it unless they are in high school.

My wife is spa director at a local hotel and they went from $13/hr starting pre-COVID to $17/hr base wage to work like Spa desk and to restock towels/robes.  Hotels around here need to start at $17-19/hr just to get people to apply.  Hell even McDonalds is saying like $15/hr in Morrisville I think.

Its not a bad thing to raise entry level wages, they are so far off from a livable wage.  Or you can pay $12/hr but you need to supply employee housing.

It's good to pay more in wages, just understand that prices for goods and services will go up as well, especially as the business owners are also getting squeezed by the govt in the form of much higher taxes.

Americans have become used to endless consumption of cheap goods and services. We probably need to tailor that back a little and increase wages. But it might be hard for the average American to stomach, and truly many people don't understand how wages are tied to prices. They think they operate independently of each other.

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24 minutes ago, amarshall said:

I disagree with UBI based on the fact most small business can't pay $20/hr for help that won't show up. What happened to $12/hr high school and college kids.  Who pumps gas? This year we heard so many stories of college kids applying for unemployment due to CV.  They couldn't "find a job" so they got $570/week to sit home. I don't know if you can still do this. 

There's a number in Massachusetts and I'm not sure what it is, but it's getting higher where it's more advantageous to sit on your keister than get a job. 

$20 /hr gets people in the door.  A lot of business can't survive on that.   You'll see a lot of automation coming further making the problem worse. 

 

 

Yeah.. that arithmetic certainly seems clad in that space alone -  but it could be over-simplifying the beans on the counter in order to add things up that way, too.    I am willing to bet that not all mom-and-pop small businesses and cottage industries are really operating at a shoe-string fragility as they are claiming.  Some are, of course... But people have a way of lying about their zero-line, when zero for them is having to compromise at all <_< ...It's probably not the case with your friend as you referenced earlier... just sayn'   There's no one-size fits all truth about hardship.

It just seems to me at a very basic math, if we create a systemically guaranteed pay-stub that puts any small business out of business, that is inherently sacrificing.  Not sure how that can be avoided, unless there are subsidies built into this UBI legislature that offers restitution to those that were on the bubble and can prove it.   That's really the solution right there - I think... Cough up the spread sheets to show shoe string's being cut by the UBI ubiguity and if they are, and your business is codified in registry ( i.e., propertly tax-coded... blah blah ) .. anyway - you get it.

But all sacrifice is, is compromising assets now, because there is a bigger purpose to be gained.  Unless it is mandatory - that's the problem right there, the "Universal" at the front of the B and I.  But like I said, their should be some sort of compensatory that doesn't dumpster one's pride and joy and reason for living by the blithe momentum of societal machine.

Having said all that... greed is ultimately the driver.  The components that hold the scaffold of society et al toether, over time, inflate. This is normal free-market morality at work...  via speculations/avarice... Given time, are over-valued rivets, so no one or org or agency can grow and build much anymore, without upping costs to keep up.  0 $ people have to make that money to pay rent and mortgage ... provisional ...etc.

 

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1 hour ago, Bostonseminole said:

so what cryptos folks own? trying to expand my horizons beyond biotech.. :)  

Ethereum, Litecoin, Chainlink, Cosmos, Maker, Dash.  

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