2 ms·
>I'm confused by your reference to people who live paycheck to paycheck. Shouldn't lower supply and higher demand for workers result in higher wages? ... I woul
by magduf 8y ago
>I'm confused by your reference to people who live paycheck to paycheck. Shouldn't lower supply and higher demand for workers result in higher wages?
... I would expect a lot fewer truck drivers and more healthcare workers.
Who's going to pay for the healthcare workers, if the old people don't have any savings or assets to pay them? If your answer is to tax the workers, that system will collapse if there's a 1:1 ratio of workers to retired people.