4 ms·
> And if there is an oversupply of employees with those skill levels, then they can choose from the pool based on the market rate. This is pretty standard econo
by rmrfrmrf 8y ago
> And if there is an oversupply of employees with those skill levels, then they can choose from the pool based on the market rate. This is pretty standard economic theory.
Right, and part of the point of all this rhetoric is the fact that our current economy is upending economic theory. Labor is in short supply and wages aren't budging.