• happybadger [he/him]@hexbear.netEnglish
    171·
    3 months ago

    One of my relatives was a respected CPA. Charged like $300/hr, had all of the successful small businesses in town as clients, was a partner in his firm. He’s a libertarian who regularly gets taken in by all the scams targeting preppers and crypto goobers. Despite owning his own house and three cars, in his 60s he can’t retire because he has no savings. Despite being a Wall Street Journal contributor and helping all of his clients dodge taxes that he has rallied against his entire adult life, he no longer has access to healthcare because that didn’t make him wealthy or fund universal healthcare. He believes there’s a glass dome 40 miles above the earth with a hologram of space projected onto it and that hitting this glass dome is why the Challenger explosion occurred.

    Accountants have to be some of the dumbest asses I’ve ever met. They drive themselves crazy doing the mind-numbing work that nobody else wants to do because they aren’t talented enough at either maths or law to be a mathematician or a lawyer. They’re little number monkeys that help corporations steal from the public while pretending they aren’t the public because they make a six figure salary.

    • knfrmityEnglish
      10·
      3 months ago

      I have been tangentially involved in some accounting topics through my work tasks over the last few years and I realized what a crazy insular world the bean counters have built for themselves. They think they’re the kings of their little castles, when in reality they just count beans and in a way leech off the actual value that has been produced.

      Then some of the bean counters get jobs in government bureaucracy (or worse, in the legislative branch) and make rules about how to count beans which they think look all nice and pretty but in reality just busy even more bean counting worker drones to do the more complex counting.

  • Anarcho-BolshevikEnglish
    8·
    3 months ago

    A 2004 meta‐analysis from IZA found no evidence of significant increases in prices after minimum wage increases.

    Similarly, a 2020 study in the journal Economics Letters found that inflation declined after raising the minimum wage:

    Analysis suggests that the minimum wage increase had little or no effect on prices.

    A paper from the Upjohn Institute corroborates these results. A 2021 paper from Princeton did find small price effects, but notes that they were outweighed by the increase in wages, leading to a strong increase in overall incomes for low‐wage workers.

  • Yiazmat
    8·
    3 months ago

    lol @ putting “CPA” in your twitter display name like it’s some kind of prestigious title

    also what a weird example he chose. In-n-out is one of the few places that didn’t raise their prices like crazy over the last several years. When I was in high school all my friends wanted to work there because their starting pay was $15/hr (back then the minimum wage was $8). It was recently around $18 or $19 I think so raising it to $20 didn’t really change much at all. What a doofus

  • Addfwyn
    7·
    3 months ago

    Oh no, a 5-10 cent increase on the price of burgers so that their staff can have slightly more livable wages? The absolute horror! However will Mr. Schlagbaum afford burger anymore.