Recent submissions

Comment · 5 years ago
You're not capturing all the expenses to car ownership:

Insurance Fuel/charging Excise tax Parking Maintenance Cleaning

And most importantly, the hassel to deal with the above.

Comment · 10 years ago
Any cognitive advantage that is abused will be seen as manipulative, absolutely. The way to make "the illusion of choice" work is to be selective about it. You start out by giving the 4 year old the illusion of choice (the jacket or the sweater), but what you're really doing is coaching the child to make appropriate decisions. After a few times, you won't have to give the child the choice anymore, because they will know the parameters of the choices for the challenge facing them. You could simply say "let's get ready to go out."

Same thing with a boss. (S)he can use this cognitive tool to coach good decisions. People like choice and they like being right. Using this method allows for both.

Comment · 10 years ago
Comment · 10 years ago
You said you were a financial adviser to blue collar field owners. I'm presuming past tense (correct me if I'm wrong). I'm curious as to when your experience with blue collar professionals happened if not currently.

I say that because pre 2007, the picture you paint with the experiences you had with these people seem accurate and in lock step with their employees. Those were the same interactions I had working a blue collar job during that time. The housing bubble was the gravy train. Pay was good. Work was plentiful. Raises were frequent. Perks were ample. I heard that across housing related fields.

Post recession has been a different story altogether. And it's been these times which caused me to spit vitriol and emotional strawmans at less than well-thought-out statements.

While I agree with you that we have no idea what has caused a stagnate wadge among many blue collar industries, the "why" is something for academics. It is, we agree. And there isn't much to evidence to refute it. Which is why I find your argument confusing. You readily admit that wadges stagnate, yet are befuddled as to why the unemployed don't flock to these available jobs. An information gap? These days? Seems dubious.

It would seem you have your riddle to solve.

One step you could take towards solving that riddle is ask those in your circles (and yes, I'm sure our circles are different) what their entry level employee turnover rate is. There will be a lot of revealing information in that question, provided they answer you truthfully.

And maybe you can square this circle for me.

Wadges have stagnated (agreement). Housing market turned around in 2012 and is now booming in most parts of the country (my assessment, but if you need proof, I'm happy to provide).

Where did that money go if not to the laborer? Rising costs ate away at everything? Really? I guess I'll need sources for that.

And look, I've heard many a story from many an owner/job provider. My experience has been, the true craftsmen who made it, work in small skilled teams and had (admittedly) good breaks. I love those guys, and am genuinely envious.

The financially successful ones are innate salesmen and have no qualms with watering down the product to boost profits. They're the ones quick to tell you their tale of perseverance and self-sacrifice (maybe these guys are in your circles?). They could also teach Machiavelli a lesson or seven.

So forgive my experience. It's all I got.

Comment · 10 years ago
Oh heavens...where to start.

> I feel like many HN readers may have a non-normal view of reasonable wages...Those figures you quote (50-80k) are starting right at the median income

Probably, although that ignorance cuts both ways. Like if you were to think a family of four can live off of $50k anywhere in the US, when that won't be a struggle you'll ever face. And throwing around stats like "$52k" is the median US income, when conveniently ignoring, on the very source you cited, that the median income has dropped 8% since 2007 and is still not close to it's high in 1999 ($57k)[0].

I know it's safe and pleasant to hide behind macro economics, but those are real pains blue collar workers feel. Because of this, those aging blue collar workers tell their kids and their kids friends that their profession is in the toilet, and to get a 4 year degree. So here we are.

> they're probably not suffering some of those health issues associated with high stress and crazy hours.

Ever handed a customer a bill, knowing she had to choose between this and paying the mortgage? Ever had that customer flip out at you(and I'm talking the real rage, not MBA fancy boy hissy fits)? Ever get called at 2:30am because you're the one on call and someone's pipes burst, and knowing this emergency will cause a cascading effect of lateness (and angry customers) for the 7 appointments you have that day? Or have you ever worried, daily, if they'll be work tomorrow? Or worry about your physical health, because any illness or injury could put your out of work and screw up your finances.

Just because someone doesn't take their work home, and doesn't have a take home as large as yours, doesn't mean they don't work crazy hours or have huge stresses in their lives. In fact, it's quite the opposite.

> most of them had pension plans that were funded

Go down to your local union and ask them about their pensions. Pro Tip: bring a lunch, you'll be there a while.

> If starting is actually around 50, it's not a terrible deal.

$50k wasn't the starting, it was the US average. So very few plumbers start making that kind of money.

It is, in fact, a terrible deal. One thing they don't tell would be blue collar workers is, the profession's a dead end. Every.Single.One. You are employable for that vocation, and that vocation only. True, you could start your own business (and many do), but it is nearly impossible to land a new job out of industry without a huge personal investment. Most blue collar workers aren't technically savvy (like can't operate MS Word savvy), so their is a lot of ground to make up. Any job they train for and start is starting over with huge pay cuts (like over 50%). Almost all successful blue collar workers figure this out after a while. So very few actually switch. And those that do are GD heroes.

That's the whole problem I have with Mike Rowe's piece. Wages for blue collar works have stagnated over the last 15 years. The work has left them with little wiggle room to make major career advances. So it's very hard to convince someone to invest their future livelihood into a profession that might not reward them with a comfortable lifestyle.

[0]: https://en.wikipedia.org/wiki/Household_income_in_the_United...

Comment · 10 years ago
Right, and I think you've pointed out the real problem...impending inflation.
Comment · 10 years ago

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