The average income of African American males between 20-59

Still Benefited

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Workers need to start asking for more money. I know that's not easy, but if you already in a company, nothing stopping you from keep your resume updated and job hopping.


Ask for more:gucci:? No,workers need to get paid less. The problem isnt that workers dont get paid enough. The problem is greed,and the system that allows for it. And the people who dont get paid enough being willing to pay anyway. Whether it be for the look,their desire,or their own greed. Its a cruel unforgiving loop that requires govt intervention due to lack of discipline and recourse for the poor. But thecoli loves capitalism so most will probably be disgusted by that idea:respect:
 

WIA20XX

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I agree to disagree here, many great minds were great with first noticing the patterns via observation. Can't recognize what you don't know.

And I don't disagree with that.

Plenty of pattern matchers have done well in life, spectacular even.

The Asian Kids that become Asian Employees have the incomes and networths to show that.

And if that's the only idea of what "success" looks like - then I don't know how to argue that that vision of success is limited.

You can't solve a remedial Math problem if you don't know what M stands for in PEMDAS. You'll have a dang near impossible time in Calculus if you don't recognize the Power Rule for Differentiating. Most of Calc I, Calc II and Differential Equations is basically a bunch of pattern recognition problems. I save so much time in my Microelectronics II course because when I look at a circuit I can see "That part/stage is just a Cascode or Current Mirror". Taking the time to memorize these things will make for a far far easier and quicker time in the long run. Even just memorizing the Laplace Transform right at the start when introduced to it and forcing oneself to recall it from memory saves so much time and does so much more than having to constantly reference back to it.

You're just repeating the same argument. Believe me, I got it the first time. Memorize the building blocks to build new things.

Thinking abstractly is beyond pattern matching.
Much like thinking creatively is beyond pattern matching.
 

Wild self

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college is great
trades are great

at the end of the day you gotta choose something or get left behind.

im pretty much guaranteed a certain standard of income with he college degree and experience at this point.

"Get left behind" is a bootstrap trait to justify low wages on some indentured servitude BS
 

JT-Money

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It's crazy how oversaturated the field is. I been in the field for a while and when I first got into it I had maybe 10 or 15 people I was competing against but I knew somebody at the company so I had an advantage. Before I left my job we had 200+ candidates for the last round and they were paying 20% less than when I started because they named it something different. I'm with the government now and every round has a thousand applicants smh. Only about 1% make it out of each round and they hire maybe 10% of that 1%.
All those entry level tech jobs have been outsourced overseas. They can hire like 4 people for the cost of 1 American still. Doesn't matter if they suck at the job or not. Quality doesn't matter anymore only cost.
 
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if you're not developing skills *and renewing them*, then how are you going to compete and progress?

Statements like these are generic… what skills should black people be acquiring or developing outside of their current skillset?

If you’re in some flavor of IT I don’t disagree with this at all, but that only accounts for a small percentage of black people
 

Nascimento

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tenor-7-27.gif

50 years of US wages, in one chart​


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Figure-1.png


increasing-division-between-college-educated-and-minimum-wage-workers-475x433.png

Thank you for providing us a reality check.

People get in this thread and their take is that people need to work harder :mjlol: stop being lazy! ... if this mentality prevails then America and Europe are doomed. There is no insight at all into the root causes.

The struggle to find a decent any job has been normalized that people don't even the question the sanity of several hundreds of job applications to land anything. You know, it's not supposed to be like this in a functional economy in a wealthy country.

The single biggest problem that plagues us this: where capital is invested. We can contrast America vs China on this very point and then hopefully learn to demand more of our leaders and politicians.

Both China and America have run zero or low interest rate policies for a long long time now. In China it happens because banks are state-run public utilities (i.e. no profit motive), in America because that is set by the Federal Reserve. The contrast between how these two countries operate occurs at the next step, which is what do banks do with this capital.

In China, they figure out a productive industrial activity to start, and then allocate money and resources for that, funded by low interest loans, and coordinate local governments, real estate developers, universities, utilities, energy, infrastructure. The new productive industry eventually turns a profit, and the surpluses get spun back into starting more productive industry, and so the cycle continues. It works very well.

In this manner, the Chinese have built up regions with 20-30 million inhabitants in cities living a modern lifestyle to Western standards. Not once, not twice. This kind of development has been repeated in literally dozens of regions of such size, that are specialized into specific industries to achieve efficient supply chains all the way from raw materials to finished goods. Be it EVs, white goods, electronics, semiconductors, commercial aircraft, high speed rail, solar panels, wind turbines. Sometimes on land where two decades ago, it was just empty nature.

The scale and focus and coordination and planning that has been accomplished will boggle your mind once you appreciate how large it is. It's been done by capital investment on capitalist principles. There's no magic here, any country can start doing it. However, what they don't allow is that the surpluses accumulate as private wealth, and now we get to America.

In the US, banks used ZERP to fund real estate and mortgages, to the tune of 80 % of their lending. This is not productive industrial activity that creates jobs. It is however an excellent means for those with wealth to accumulate more and more assets (real estate, stocks, bonds) which enables their rent-seeking. Private wealth is also used to influence politics, to manipulate markets and artificially increase revenue streams.

Inflating debt and cost structures for all of the basic necessities of life is the name of the game. Americans pay $700 billion a year for prescription drugs, housing takes up 40 % of your income vs 20 % a few decades ago, inflated student loans, inflated and highly leveraged stock markets with stock buybacks (because apparently there are no productive investments to be found...). Our economies are fake scams deliberately set up to accumulate wealth to the top by sucking money out of the real economy of production and consumption.

Look at the trendlines, they been going for more 50 years. Where do you suppose it will end? Current generation is doing worse than the previous. This will keep happening until the system is changed. Cancel all debts and nationalize banking. Yeah we should all work hard. But you can never hope to improve society without insight of the troubles we face. It's not some natural law that says only Chinese can build stuff. Western workers in current economies cost too much, but that is only because of purposefully inflated costs which is the mechanism by which the rich get richer.
 

Ezekiel 25:17

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Statements like these are generic… what skills should black people be acquiring or developing outside of their current skillset?

If you’re in some flavor of IT I don’t disagree with this at all, but that only accounts for a small percentage of black people


That's not a generic statement at all. You're making this more difficult than it seem.



You learn a skill, get your foot in the door, and keep learning to move up. You don't know everything on day 1 of the job. When I first got into my company, I didn't know how to estimate jobs, now I do. My next skills will be learning bluebeam software and learning how jobsites are run.

That's what it means to acquire/develop skills.
 
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The only way to make it is to bundle up with people in similar situations.

United we might stand, divided we definitely fall.
I would advise this to anyone in a lower income bracket going forward. Mexicans do it all the time… They pool their resources and come up together. South Asians as well
 

42 Monks

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Statements like these are generic… what skills should black people be acquiring or developing outside of their current skillset?

If you’re in some flavor of IT I don’t disagree with this at all, but that only accounts for a small percentage of black people
its not overcomplicated and im not even sure why it requires some sort of layers or peeled back onion approach

'getting left behind' isn't some bootstraps ideology at all. you have to compete against people who are jockeying for the same positions and you have to continuously keep stride with your sector's evolution whether it be administration/policy, stem, it, medical, etc

i don't understand the need to even push against professional development like its taboo fr
 
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