Despite what many pundits and politicians are saying, simply raising wages does not solve the problem. That's like telling people that are struggling to find a

Despite what many pundits and politicians are saying, simply raising wages does not solve the problem. That's like telling people that are struggling to find a home to simply pay more. The real problem is that there is a lack of supply. We know this because the workforce participation rate is at record lows. Yes, employers can try to poach employees off of each other, but until the fundamental issue is resolved, which is that there is a lack of workers in the labor pool compared to any time in the last several decades, these problems will persist.