this post was submitted on 04 Dec 2024
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chapotraphouse

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[–] BobTheDestroyer@lemm.ee 1 points 37 minutes ago (1 children)

Has nobody else noticed that math doesn't add up?

[–] ped_xing@hexbear.net 1 points 31 minutes ago

Rounding and addition don't necessarily commute.

[–] Barx@hexbear.net 3 points 4 hours ago

Matt just has a saliva fetish. Don't kink shame him.

[–] Andrzej3K@hexbear.net 4 points 6 hours ago

Something something "price of eggs"

[–] bigbrowncommie69@hexbear.net 8 points 8 hours ago

This idiot just finding out that Shakeshack is overpriced?

[–] SkingradGuard@hexbear.net 18 points 9 hours ago

I'm learning about this Matt guy against my will, bear site pls cri

[–] glimmer_twin@hexbear.net 26 points 10 hours ago

Biden is literally in power

[–] TerribleHands@hexbear.net 38 points 13 hours ago (1 children)

Are delivery drivers in the US on less than minimum wage like in-restaurant waiters are?

[–] Sulvor@hexbear.net 24 points 13 hours ago

Yes, except in California

[–] Sulvor@hexbear.net 45 points 13 hours ago* (last edited 13 hours ago)

Tipping 2.79 on a doordash/Uber eats order when you're rich is ridiculous. I've delivered to people with a guest house, a pool, and 2 sports cars in the driveway for that kind of tip and it always pisses me off.

Also low key racist talking about deporting the delivery driver.

[–] MaxOS@hexbear.net 24 points 13 hours ago (1 children)

Libs are going to finally admit that the economy is fucked because their guy isn’t decaying in the Oval Office

[–] GrouchyGrouse@hexbear.net 1 points 1 hour ago

They might even recognize a genocide 100,000 bodies too late once the Delaware Mummy is gone

[–] TheLepidopterists@hexbear.net 35 points 14 hours ago (21 children)

Paying more to the government for sales tax than to the worker actually getting the food to you is so shitty. Fuck this dude.

[–] infuziSporg@hexbear.net 14 points 10 hours ago (1 children)

If you ever want to get mad, you can look up what proportion of workers are in minimum wage jobs, take a rough estimate of their aggregate income, and compare it to GDP.

About 40% of every price tag goes to labor. About 7% of that same price tag goes to low-wage labor, which makes up half the workforce.

[–] Hexboare@hexbear.net 3 points 6 hours ago (2 children)

Labour costs are a relatively small component of the few products I've looked at - do you have anything I can read further?

[–] infuziSporg@hexbear.net 1 points 51 minutes ago* (last edited 51 minutes ago)

Material and shipping cost components are each just a sum of labor + surplus. For almost everything, someone somewhere is working to make it happen and receiving a wage for it.

I did a bunch of the math here. I just realized I was calculating based on an average of 20 hours a week at minimum wage jobs, which is probably too low, so I fixed it; the figure would be somewhere between 8% and 12%.

I got the total wage disbursement from either the Fed or the Treasury. Later on, though, I realized that this figure only applied to companies, and I'd neglected to account for proprietorships and partnerships where the owner-operators are not paid a wage. So I looked up the revenues from each, and each is a little over $1 trillion. That still comes out to less than 50% of GDP. And if only $13T-14T of $29T goes to wages, that's still about 53% going to capitalists.

It also does not include the informal economy, and that's a lot harder to quantify, but I make the assumption that there are no key stages of production that fall into the informal economy. Otherwise, there would be substantial traceable tax fraud.

[–] TheLepidopterists@hexbear.net 1 points 6 hours ago

Just a guess here but I'm pretty sure mosts businesses calculate labor costs as the costs they pay their own employees, but looking at labor costs as a means to analyze society means you probably need to include the labor portion of services they receive from other companies (delivery drivers, factory workers who make the business's machines, ag workers who planted and hargested the food, marketing guys who come up with ad campaigns for them, etc) if counting whenever someone is getting a wage or salary somewhere in the supply chain, I could see the number being way higher than what the business owner defines it as.

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[–] edge@hexbear.net 72 points 16 hours ago (1 children)

“Trumpflation”

4 years into Biden’s term

This all your guy.

[–] SacredExcrement@hexbear.net 49 points 15 hours ago* (last edited 15 hours ago)

Cut the Americans some slack, they also think it's 'like communism' when the grocery stores in their hyper capitalist hellscape have stocking issues

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