Post
Topic
Board Economics
Re: Price of goods goes up, salary never goes up!!!
by
Artemis3
on 23/05/2019, 16:28:37 UTC

Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago, I’m not disclosing my age, so don’t be too paranoia, but the price of everything goes up thru the roof, the only person who salary goes up are (ikr, salary must kept secret because it is case sensitive, don’t tell anyone else!), ok, enough rant! Try to tell your kids to work for a salary in the future, I think they could barely afford a piece of beard!!

Your only choice is to find a better paid job or start your own business. Only then you can expect a higher income, not before. The company you work for will probably never do it on their own. You think that's bad? Try hyperinflation. I went from 250 USD to 5 USD per month in the span of 10 years (til i left). Some people suicide, others flee. Have been looking at the jobs market, a full time job for analyst or IT related, goes from 25 to 50 USD a month, and that's considered a "high paid" salary now, utter garbage. Most people earn 10 or 15 USD a month at most in their full time jobs here.

A socialist will provide the "solution": order them to rise your wage. Simple minded "solution" that happens to produce the exact opposite effect: bankrupt those companies and add more people to unemployment, which shrinks the job "supply" and therefore lowers even more the offered wage.

A free market economy is not limited to goods, its also the working force. You are part of this market, and so are they. That's why you never stop looking for better jobs, or a chance to start your own business. They are not going to rise your wage, unless you have already secured a better paid job and show them, then they may or may not but either way you scale up.

Supply and demand plays a key. Is your job position in excess? Maybe you can work in something else. Don't wait for them.