The IFF offer included the company being able to change benefits (like health coverage and retirement) with a 30-day notice and take away contract language of overtime pay after 8 hours, among other takeaways. IFF has already increased benefits costs and made multiple attempts to reduce union rights in many matters that would rob members of personal and family time.
That’s just despicable… I wish the workers success.
All Income earned in USA was 21.8 trillion dollars in 2022. The U.S. labor force is projected to reach 153.5 million in 2022. That means there was enough income for every worker to make $133,333.33. United States population will be 332,403,650 on Jan. 1, 2022. Or $65,582.91 income for every person in usa. GDP in 2022 was $25.46 trillion. Gdp is all things produced in America. So all those numbers could be higher. According to the calculator below if you made $65,582.91 67% of Americans make more less than you. If you make $133,333.33 90% of Americans make less than you. In the United States, median individual income was $46,001 in 2022. That means 50% of Americans make less than $46,000. In a country where every worker is producing over $133,333.33 of value or ever person is producing over $65,582.91 of value. The wealth is being hoarded 67% of American workers don't even see a half of the value they are producing for the economy.
All other information is from quick Google searches
Millennials and Gen-Z are truly the lost generation.
Imagine still living with parents in your late twenties or even early thirties because you simply cannot afford to even rent your own place. Now imagine that work pays like shit and you are busting your ass working long hours to chase an eternal pipe dream of economic prosperity. You can’t even seek psychiatric help for your ailing mental health because it’s expensive, inaccessible and oversubscribed.
For a man, being in that situation makes you downright undateable so it’s not like you can rely on the joint incomes that couples do either.
And we wonder why toxic masculinity is on the rise…
The rich have done a smash & grab on the economy and made everybody poorer as a result of their own greed. It’s a dangerous game.
If you wanted the younger generation to continue producing workers for the capitalist machine, you should have made sure that potential parents had enough resources to actually maintain a family if they started one.
But yeah, that would have slightly reduced quarterly profits, and we can’t have that kind of long-sightedness messing with the short-term returns of our shareholders.
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