[quote=jpinpb][quote=CA renter][quote=faterikcartman]Just because someone got a sweet deal yesterday doesn’t mean someone hired tomorrow needs to be offered the same deal.
Again, comparing groups or whether or not certain jobs are tough, etc., etc., ad nauseam, just muddies the water. All we should be looking at is if there are qualified people willing to do the job for less. I assert there are plenty.[/quote]
They’re not. That’s why many departments are going to a two-tier system where new hires are paid less and/or get fewer benefits.[/quote]
It will be interesting to see how many new people will stay on during the next bubble. I wonder how many will jump ship to make more money elsewhere if they don’t have incentive to stay on.[/quote]
It depends how the rest of the economy is doing. I guarantee if the rest of the economy is in the tanks, despite newer folks grumbling for crappy compensation, they’re going to put up with the crap in order to pay for the bills….Plus there will be plenty of other people who probably would be looking for work.
Conversely, if the economy is doing well, there’s probably not a need to reduce pay to these people either, because in theory, more money will be coming in as tax dollars (more people spend more-> increased tax dollars).
There was this discussion about supply of labor versus availability of jobs, though I think in the past it was wrto the context of outsourcing….Ironically, it applies to this situation here when we have a large unemployed population and also when cities/states/etc are prepared to start laying off workers to cut expenses to meet budgets…It’s not going to be the soon to be retired with pension employees that are going to be getting the axe. Like i said, the younger generation people are the ones that are going to be getting the shaft so the older baby boomers can get their entitlements that should have never been promised in the first place….So…if you’re a generation X or younger, go find a baby boomer and kick his/her ass…(Just kidding of course :)) …..Baby Boomers….Bankrupting this nation one retiree at a time.