4 ms·
The gap is closing but it means amenities are getting more expensive and since the people in the middle aren't getting raises it just isn't attractive to work i
by amriksohata 9y ago
The gap is closing but it means amenities are getting more expensive and since the people in the middle aren't getting raises it just isn't attractive to work in a smarter role
- TheAdamAndChe 9y agoRight, and as fewer people go into middle class jobs, demand for those workers will increase and will lead to increased wages. This is what inflation is. It's all a function of supply and demand.
- thrillgore 9y agoIt'll be either an increase in wages, or increase in visas for that kind of labor from overseas.
- amriksohata 9y agoOr worse the businesses decide to open shop abroad the jobs disappear from the local market
- TheAdamAndChe 9y agoHence the growing disdain for globalization. It's a race to the bottom to see what country will provide the lowest wages and quality of life for its workers.
- amriksohata 9y agoInteresting way of looking at it, and capitalism in general