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A surprisingly uninformed article. The article does not consider these issues. The extra people: 1. need to be trained. 2. can screw up customer service, mis
by pm24601 10y ago
A surprisingly uninformed article.
The article does not consider these issues. The extra people:
1. need to be trained.
2. can screw up customer service, misfile things, enter numbers incorrectly, etc.
3. Occupy space - there are limits to the number of people that can be in a factory.
4. Create a distraction - (asking "beginner" questions)
5. Diffuse responsibility for completing tasks. (If the same amount of work is spread over 2 people - who is responsible for a quality outcome)
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Companies only hire people when there is a need. Sadly for the purists: the economy is driven by the true job creators - the middle class.
Focus on rebuilding the middle class and reduce the wealthy imbalance. (Yes this means the rich will have to pay up a lot of their wealthy in the form of taxes.)
Through out history, this has been shown to be the best way for a healthy economy.
P.S. you are welcome to disagree if you can talk about the 1873 bank panics (and through the 1900s), the Great Depression . Every example of wealth imbalance has resulted in a stagnant economy.