PeakTrader.com Forum Index PeakTrader.com
Economics, Portfolio Optimization, and Technical Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 
Log inFast Charts

Costs of Real Jobs - Uber

 
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Articles
View previous topic :: View next topic  
Author Message
administrator
Site Admin


Joined: 28 Dec 2005
Posts: 11965

PostPosted: Sun Mar 27, 2016 8:03 pm    Post subject: Costs of Real Jobs - Uber Reply with quote

Joseph:

Ah, yes, the wonderful new world of the “sharing” economy in which laborers have no social security or medicare tax sharing, no health insurance, no retirement benefits, no 401(k) matching, no holiday pay, no vacation pay, no sick pay, no family leave, no unemployment insurance, no disability insurance, no union protection, no minimum wage.

Uber drivers carry all of the financial risk and Uber itself has none. Uber can only exist in an economy in which there is a shortage of real jobs with real benefits and the Fed is doing its best to make that happen.

This isn’t a bright new future of “sharing”. JDH seems delighted to take us backwards to the 19th century where he can enjoy cheap services from cheap labor.

--

PeakTrader:

You listed some of the reasons why creating a “real job” is so expensive.

Some drivers and customers prefer Uber. Why take that choice away from them?

And, the Fed printing money doesn’t reduce the real costs of jobs.

---
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic     PeakTrader.com Forum Index -> Articles All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by PeakTrader 2.0.8 © 2001, 2002