Yep; money is necessary but not sufficient for happiness. It also removes very common cause of unhappiness (financial stress). But it can’t unconditionally make someone happy.
Imagine you have 10 people. 1 has $100, 2 have $50, and 7 have $20. Now imagine you have 10 stores selling pants. 1 store has a few pants for $50, and a bunch for $10. 1 store has a few pants for $80 and a bunch for $25. 8 have pants for $30, $25, and $10.
In this scenario, the median wealth is $20, and in all but one store the median price is $25. So in 90% of stores, the median pants cost more than the median amount a person can spend. BUT, all but one still have plenty of pants that cost less than the median. Given this, you wouldn’t say “90% of people can’t afford pants”.
You’re right. This is just an example to illustrate the statistics involved. At this point it doesn’t seem like you’re continuing this debate in good faith.
You’re right, and that’s not what’s being claimed. It’s just saying that in 99% OF MARKETS, the median price exceeds the means of the median income. This isn’t really that surprising, actually. In a perfectly balanced market, you’d expect the median price to be exactly equal to the affordability of the median income, so about 50% of markets would be above this value, and 50% would be below it.
It’s probably also true that a far greater percentage of markets are affordable if you look at median income vs 45th percentile home cost, or 55th percentile income vs median home cost.
All this means is that if you make median income, you’ll probably need to buy a house that’s below median price.
These workers are contracted by Cognizant, one of the many subcontractors which works with Google and its parent company Alphabet. … However, Google has refused to bargain with them, because it says it is not legally considered to be their employer. The workers, the union, and the National Labor Relations Board (NLRB) contest this point.
Unfortunately the workers don’t really have a case against Google here. Don’t get me wrong - “vendor” companies are parasites and often serve only to avoid paying full benefits to those whom companies would otherwise need to hire as full-time employees. But there’s decades of established law that says they are not, in fact, employed by the contractor. Without changing the law, vendor employees won’t be considered transitively employed by the contractor by any court.
Do you get the impression that these are real humans lying to try and get the job themselves? Or is it just spam from vendor agencies conjuring hypothetical candidates that they in turn will need to find, taking a cut in the process.
DURHAM, NORTH CAROLINA – In late June, I attended a meeting of public works employees in Durham, who were planning the first strike of public works employees in the rapidly gentrifying city, where many city workers can’t afford to live....
There’s no such thing as an “illegal” strike. There are “unlawful” strikes which just means the strike is not protected by the NLRA, so the employer would be free to fire the strikers without legal repercussions.
I'm not asking to be rich. ( lemmy.world )
Homes "unaffordable" in 99% of nation for average American ( www.cbsnews.com )
Google Flat-Out Refuses to Bargain With Workers, Prompting YouTube Music Strike ( www.vice.com )
In an email obtained by Motherboard, Google tells YouTube Music workers it will "not be participating in collective bargaining."
there is Indeed a problem ( lemmy.world )
Durham Public Works Employees “Illegally” Strike for 1st Time ( paydayreport.com )
DURHAM, NORTH CAROLINA – In late June, I attended a meeting of public works employees in Durham, who were planning the first strike of public works employees in the rapidly gentrifying city, where many city workers can’t afford to live....