Since 2000, the value of the S&P 500 stock index has gained about 600%. Over the same period, inflation-adjusted worker earnings have climbed just 12.5%.
I can agree, my pay is worth half of what it was 6 years ago and I can’t keep increasing my rates anymore. I don’t even want to do what I do anymore. And the only nearby clowns that run a similar repair business are surprised that nobody wants to work for $25 an hour. I charged $100 hr + $150 hr just to go there and that worked fine but everyone always has complaints. Well I need to spend $90 on the screwdriver that broke so you want me to work for free. Now it’s fuck all. Parts and tools are more expensive. For a house project, bought a saw for $45 last year, and well being lazy, returned it for 80 store credit last month.
I can agree, my pay is worth half of what it was 6 years ago and I can’t keep increasing my rates anymore. I don’t even want to do what I do anymore. And the only nearby clowns that run a similar repair business are surprised that nobody wants to work for $25 an hour. I charged $100 hr + $150 hr just to go there and that worked fine but everyone always has complaints. Well I need to spend $90 on the screwdriver that broke so you want me to work for free. Now it’s fuck all. Parts and tools are more expensive. For a house project, bought a saw for $45 last year, and well being lazy, returned it for 80 store credit last month.
It’s like a pincer on shit pay and high cost.