62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds

jersan@lemmy.whynotdrs.org to News@lemmy.world – 496 points –
62% of Americans are still living paycheck to paycheck, making it ‘the main financial lifestyle,’ report finds
cnbc.com

Breaking news: in one of the most productive countries / economies in the entire history of humanity, the majority of people creating that productivity do not get to enjoy the rewards of that productivity.

same as it ever was.

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Unions.

I give 1% to my union. My pay is ~10% better than it would be if we didn't have it, and management gets in huge trouble if they mistreat workers. And by trouble, I mean they fired a manager when they scheduled a worker over their lunch break.

So you still live paycheck to paycheck, except now you have to trust someone else to negotiate on your behalf instead of negotiating yourself

If one person quits they shrug and hire some other shmuck. If everyone quits, they have a problem. Good luck negotiating that way.

I guess it depends on the industry. Replaceable production line workers following processes that haven't been automated yet are different from say engineers designing the production line

Plenty of engineers get abused by their employers too it's super naive to think otherwise. And it's going to get worse and worse and worse as time goes on that's the undebatable history of capitalism.

Engineers designing production lines absolutely get fucked over with horrible working conditions. Unions benefit every single position workers fill.

I guarantee you've never known an Engineer in manufacturing.

LoL what a shit take of thinking you are special because you are currently being treated nice.

If an engineer is living paycheck to paycheck it's their fault, and very weird, since they're generally decent at math.

Negotiating collectively is the only way to negotiate with a Capitalist. Individually, you are a replaceable cog, collectively you're the machine.

If you're living paycheck to paycheck it stands to reason that your negotiating position isn't very good.

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