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This can only go on so long before they have to raise pay.

• minikites 8y ago
  Wages have stagnated since the 1970s, so "they" definitely don't have to raise pay: https://upload.wikimedia.org/wikipedia/commons/thumb/7/73/US_productivity_and_real_wages.jpg/800px-US_productivity_and_real_wages.jpg https://upload.wikimedia.org/wikipedia/commons/thumb/7/73/US...
  • danieltillett 8y ago
    Not if unemployment is back to 1960s levels. I suspect you are right in that the Fed will kill any general wage rises.
• faceplanted 8y ago
  And in the meantime everyone is underpaid and the owner is stressed because he can't hire people.
  • danieltillett 8y ago
    Such is life when caught in a vicious circle.