When the owners of the means of production get obscenely wealthy and the workers make nothing, it’s communism!
/s
Extension_Dig9321 on
John Oliver covered the topic of nursing homes I think I one of his episodes. You can see where the money goes
dragonfliesloveme on
Those places are expensive even when Medicaid or Medicare can be used to subsidize the costs. So now imagine the Republicans get their way and get rid of those things
They just won’t be happy until we are all living in the damn dirt
Consistent-Leek4986 on
corporate, stockholder profits over care of people…pathetic
faketree78 on
Did she ask that question with a name like ‘Rebecca Anti-Communist’?
How ironic.
Intelligent_Pea5351 on
HMMMMMM I WONDER
yantraman on
The simple act of raising minimum wage to 15 dollars would save the government 7-10 billion dollars per year.
bad_teacher46 on
The richest guy I ever met owned nursing homes. He drove a Maybach and lived n a 14 million dollar home.
Rso1wA on
To the ownersand corporations
MoRoDeRkO on
The amount of “They almost figured it out” recently is staggering
UnluckyCardiologist9 on
So close.
Tazling on
dear anti-communist: capitalism is actually the problem here. I know this is gonna be hard for you to process… but the ownership class underpays the working class, charges whatever the market will bear, and then they and the shareholders pocket the difference. capitalists squeeze profit out of their customers on one side, and out of labour on the other. this is how capitalism works.
jsc503 on
Something tells me they literally don’t know the textbook definition of capitalism. Miss Anti-Communist is like one step away from deciding that essential services should be socialized.
Classic_Bid3126 on
It’s called predatory profiteering. And it’s not just these industries.
rankor572 on
The simple reason is because you’re paying for a person’s gross income with only a portion of your net income. It’ll take a large portion of that net income to cover even a smaller gross income and it’s simply impossible for those caretakers to both make an average salary and be affordable for an average salary. Greed and private equity and what have you doesn’t help, but you just can’t make it math either way.
KidGorgeous19 on
With day care, at least in my experience, no one makes any money. I’ve been on the board of two as treasurer. The rates were eye watering, but between rent, insurance, food, supplies, staff, etc, the max anyone made per year was like $60k for the director. The person who started it didn’t do it to make money, they did it because they truly loved children and wanted to fill the need. They were good people doing amazing things for very little pay. It wasn’t some corporate overlord sucking capital out of the poor.
ReddditSarge on
In a words, billionaires.
GhostRevival on
Do these places have to carry expensive insurance in case something happens (particularly daycares)? That’s really the only thing I can think of that would make it so expensive if the workers aren’t getting much pay. Obviously the owners of these places probably make a ton.
xenithdflare on
The preschool my wife just left charges an *obscene* amount for childcare and their director just went on back to back vacations, not once, but twice in a row. That’s three week-long vacations! And if you think that’s the first time this year you’d be mistaken.
Their highest-paid employee makes $18/hr but there are definitely some girls there making 12. They raise prices every year *at least* once. All of that money goes straight into the pockets of the director/owner, none of it gets funnelled back into the rooms or staff. It’s a captive market
SidKafizz on
It takes a lot of stuff to satisfy an oligarch.
StephJamz on
For both, a lot of cost is wrapped up in regulatory red tape.
But regulations are obviously needed for safety purposes, etc.
With elderly care, it’s the typical large corporate groups buying out smaller care services. Then raising prices and also further reducing potential for labor group, aka unions.
23 Comments
*facepalm*
A greed-based capitalist economy be like that.
When the owners of the means of production get obscenely wealthy and the workers make nothing, it’s communism!
/s
John Oliver covered the topic of nursing homes I think I one of his episodes. You can see where the money goes
Those places are expensive even when Medicaid or Medicare can be used to subsidize the costs. So now imagine the Republicans get their way and get rid of those things
They just won’t be happy until we are all living in the damn dirt
corporate, stockholder profits over care of people…pathetic
Did she ask that question with a name like ‘Rebecca Anti-Communist’?
How ironic.
HMMMMMM I WONDER
The simple act of raising minimum wage to 15 dollars would save the government 7-10 billion dollars per year.
The richest guy I ever met owned nursing homes. He drove a Maybach and lived n a 14 million dollar home.
To the ownersand corporations
The amount of “They almost figured it out” recently is staggering
So close.
dear anti-communist: capitalism is actually the problem here. I know this is gonna be hard for you to process… but the ownership class underpays the working class, charges whatever the market will bear, and then they and the shareholders pocket the difference. capitalists squeeze profit out of their customers on one side, and out of labour on the other. this is how capitalism works.
Something tells me they literally don’t know the textbook definition of capitalism. Miss Anti-Communist is like one step away from deciding that essential services should be socialized.
It’s called predatory profiteering. And it’s not just these industries.
The simple reason is because you’re paying for a person’s gross income with only a portion of your net income. It’ll take a large portion of that net income to cover even a smaller gross income and it’s simply impossible for those caretakers to both make an average salary and be affordable for an average salary. Greed and private equity and what have you doesn’t help, but you just can’t make it math either way.
With day care, at least in my experience, no one makes any money. I’ve been on the board of two as treasurer. The rates were eye watering, but between rent, insurance, food, supplies, staff, etc, the max anyone made per year was like $60k for the director. The person who started it didn’t do it to make money, they did it because they truly loved children and wanted to fill the need. They were good people doing amazing things for very little pay. It wasn’t some corporate overlord sucking capital out of the poor.
In a words, billionaires.
Do these places have to carry expensive insurance in case something happens (particularly daycares)? That’s really the only thing I can think of that would make it so expensive if the workers aren’t getting much pay. Obviously the owners of these places probably make a ton.
The preschool my wife just left charges an *obscene* amount for childcare and their director just went on back to back vacations, not once, but twice in a row. That’s three week-long vacations! And if you think that’s the first time this year you’d be mistaken.
Their highest-paid employee makes $18/hr but there are definitely some girls there making 12. They raise prices every year *at least* once. All of that money goes straight into the pockets of the director/owner, none of it gets funnelled back into the rooms or staff. It’s a captive market
It takes a lot of stuff to satisfy an oligarch.
For both, a lot of cost is wrapped up in regulatory red tape.
But regulations are obviously needed for safety purposes, etc.
With elderly care, it’s the typical large corporate groups buying out smaller care services. Then raising prices and also further reducing potential for labor group, aka unions.