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234

It's almost like supply and demand is an actual thing that exists and if you stop flooding the market with cheap foreign labor, the price of labor increases.

It's almost like supply and demand is an actual thing that exists and if you stop flooding the market with cheap foreign labor, the price of labor increases.

(post is archived)

[–] 9 pts

What did they think would happen when they started paying low income people to stay home instead of finding work?

I was talking to a guy who manages a Burger King and said he goes around to other fast food stores to try and poach good employees. Apparantly this has always gone on, but now it's the only way to remain staffed without raising wages a lot. I feel zero sympathy for him.

[–] [deleted] 7 pts

It works out the same way with most "high income" people too.

Those stock market boomers and trust fund kiddies are working less than the libs.

[–] 4 pts

Those stock market boomers and trust fund kiddies are working less than the libs.

Those people are the libs.

[–] 4 pts

Yep, I've been hearing more and more examples of tech workers leaving high paying jobs because they are doing so well with crypto, stocks, or something related to finances. Smart kids coming out of college are going toward finance because crypto has made it "cool" again. Smart kids with money are just investing in crazy schemes and not building productive enterprises.

The crazy money policies of the government and Fed have turned off an entire generation to working hard and doing something productive.

[–] 0 pt

Smart kids with money are just investing in crazy schemes and not building productive enterprises.

Not very smart then, is it? Though, if those schemes create new industries, then perhaps it was smart after all?