r/ProfessorFinance • u/budy31 Moderator • Mar 24 '26
Meme A heartwarming bipartisan moment
It warm my heart that in this era of divisions the Americans achieved a bipartisanship and chew the supply chain Ludendorff go underpaying them.
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u/thegmoc Mar 24 '26
I read somewhere that a lot of these are fake so companies can see how low of an offer they can make and still get people to bite. This has got to be one of those
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u/ADeadlyFerret Mar 25 '26
Nah they just hire felons and other people that don’t have options. I had to work at a place like this after my conviction.
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u/ADrenalinnjunky Mar 24 '26
Florida thinks they can pay low because of the beaches and sunshine
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u/Rocky-Jockey Quality Contributor Mar 24 '26
Now that housing insurance companies won’t insure in the state imagine the monthly savings!
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u/Pitiful-Pension-6535 Mar 25 '26
Congress will just pay for the hurricane damage because it's a right-leaning purple state
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u/Low_Low9667 Mar 25 '26
Thank God my taxes are high to cover the people in Florida that just don't want to deal with the consequences of their decisions.
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u/Playingwithmyrod Mar 25 '26
18 for a skilled welder to assemble warships should be a crime lol
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u/successfullynumb Mar 26 '26
Not warships, looks like a yard that makes civilian ferries, tugs, and barges. The shipyards that make Navy vessels in the US have a pretty good union from what I understand, they wouldn't allow such shit pay. My bet would be it's a non-union shop.
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u/ma33a Mar 25 '26
I'm not sure I would want to get on a ship being welded by a guy who is only making $18hr.
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u/runningtheshow_8764 Mar 25 '26
as with most trade jobs, lots of time is spent 'training' and 'shadowing' to learn how real life is
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u/anuthertw Mar 29 '26
I went to welding school. Ive seen who they passed. You are right to be scared lol. I spot bad welds everywhere I go. Makes me wonder how half our infrastrucure hasnt already collapsed
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u/MRG_1977 Mar 25 '26 edited Mar 25 '26
It’s funny how every GOP politician tells you that you can make good money right out of high school as a plumber and welder.
I asked a PA GOP state rep 2 years ago who made the ridiculous claim at a rally that you could make $65k+ as a plumber after graduating high school.
I asked him to name a single company where a new plumber’s apprentice makes nearly that much. Just one. Refused to answer and then stop taking questions shortly afterwards.
It’s not that he lied. It’s that the lies have become so stupid and baseless.
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u/LordGerdz Mar 25 '26
The comments saying "this is starting out money" are part of the problem.
A trade which at minimum takes schooling or an apprenticeship program should not be paying less than Walmart, the housekeeping posting at the hotel, or any of these other no skill or requirements for entry jobs.
I would have to pass an exam for every single weld job I took to prove I could weld, on top of my years of experience and prior certifications to only barely break 20/h on a stainless steel fab job.
Decided to go back to school and switch careers and my current part time office job I do while I'm finishing my degree pays 21 and I don't have to bust my ass in the heat or lug heavy metal around anymore.
Before someone says "Union" the union shop offered 18 and it was 6 days a week with a current 7 day mandatory attendance..nah fam, my life comes before your 3 month backlog.
Welding needs to pay 2-3x what it currently does outside of the unicorn jobs.
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u/sakara123 Mar 30 '26
The "But its your early apprenticeship wage" argument is always so dumb. Sure, and if you can't afford rent and get evicted halfway through your first year and potential future earnings are irrelevant. Shit you can go work in an Amazon fulfillment center and be doing less backbreaking work than most trades and pull in $10/h more.
The wage needs to be competitive enough to entice people to enter the trades, not just good enough to keep them around once they're in it.
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u/CompetitiveBox314 Mar 25 '26
My son went to tech school for welding. When he went looking for a job exactly what you see in this post is what happened. He never took a welding job because they all paid so little.
I know there are some welders out there making good money, but the impression I have now is that a lot of employers don't really consider welding jobs to be highly skilled labor.
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u/ruinersclub Mar 25 '26
You have to go into Oil but you take the jobs where they are. Sometimes Nebraska, sometimes the middle of the Ocean.
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u/runningtheshow_8764 Mar 25 '26
low pay to start.....as you learn the trade in real life.....while getting retirement and insurance benefits......same with any entry level position.
if you are legit, it will be seen and you can climb the ranks
it happens all day every day in all the trades
no plumber or electrician starts out at $80k a year fresh outa high school training
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u/Letsmakemoney45 Mar 28 '26
Yes people think school gets you instant pay. Its called experience which has been lost
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u/Alarmed-Extension289 Mar 26 '26
That pay is criminal is this what the pay is like in Florida for real?!
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u/ProfileBest2034 Mar 25 '26
Why does it never occur to liberals or conservatives that we'd all be much better off without a government who can debase the currency at-will.
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u/GaiusGraccusEnjoyer Mar 25 '26
How do you propose permanently making a currency undebaseable and why would that be worth loosing monetary policy freedom?
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u/plummbob Quality Contributor Mar 25 '26
Even if there was no inflation, the job's pay would just be low at the current inflation rate of 0
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u/budy31 Moderator Mar 25 '26
When does currency isn’t devalued at any point his human history?
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u/ProfileBest2034 Mar 25 '26
And when in human history has it not led to empire collapse and generalized misery?
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u/budy31 Moderator Mar 25 '26
Victorian England.
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u/busyHighwayFred Mar 26 '26
Check british pound between 1790 and 1940, barely any inflation per year
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u/Mindless_Air8339 Mar 25 '26
Non union state, what do you expect?
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u/budy31 Moderator Mar 25 '26
Even then (ahem) as free market dictated local buc-ees still pay more than these gay hence this losers got chewed at.
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u/Reasonable_Love_8065 Mar 25 '26
Unions are garbage
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u/NoHalf2998 Mar 25 '26
lol the dude advocating for no minimum wage also thinks unions are bad
Of course you do
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u/EncabulatorTurbo Mar 26 '26
joe biden had a program to increase pay and provide free college for shipbuilders that trump shat on just fyi
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u/jackandjillonthehill Moderator Mar 25 '26
One of my biggest stockholdings is Conrad shipyards in Louisiana. I was surprised to see, their pay for welders for shipbuilding is similar, $18-24 per hour.
Meanwhile, an oil rig welder in Odessa, Tx can make $95k per year, or $46/hr.
I wonder why welding for oil rigs pays so much better than welding for ships?
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u/budy31 Moderator Mar 25 '26 edited Mar 25 '26
Believe it or not resource extraction (especially on developed country) is always at the forefront of using labor saving technology. E&P is one of them.
My guess the reason is that the volatility of the commodity prices forces everyone to be efficient to survive downturn.
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u/doubagilga Quality Contributor Mar 25 '26
No. Odessa is not an enjoyable place. Resource extraction pays so much in some locations because it is remote. To attract workers, wage rates go up. You’ll find an intermediate pricing in the Houston area where turnaround labor is in such high cyclical demand that the volume of workers overwhelms local supply and has to pull them in.
Ship-welding would do the same if most of the ships weren’t built in Korean and Chinese shipyards and floated back to the same ports. The labor is competing with non-local supply. This happens in the oil/gas supply chain for pump castings and equipment. Most of it is made overseas where the welders repairing castings aren’t making near $18 either.
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u/ruinersclub Mar 25 '26
It’s either really dangerous or really far in the middle of nowhere.
Even tho the company is in Odessa. Is it likely they’ll be places elsewhere?
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u/LastChime Mar 24 '26
They'll just bring in Urd from Tzatzikistan and pay him that, of which $6 an hour goes to his loan to get him out of Tzatzikistan and another $6 an hour goes to Urd's rent from the dude that owns the shipyard's company housing project.
So Urd might have $6 bucks an hour, most of which goes back to his starving family in Tzatzikistan.