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How does pay go up? You assume there's an infinite profit margin available for decreasing. Many industries operate at a few percent profit.
by mjburgess 5y ago
How does pay go up?
You assume there's an infinite profit margin available for decreasing.
Many industries operate at a few percent profit.
- Sabinus 5y agoIncrease costs. Everyone should be able to afford labor-heavy industries costs going up since consumers have so much excess capital from cheap Chinese goods.
- lotsofpulp 5y agoDecrease in income/wealth gap. People on the upper rungs of the ladder have to sacrifice.
- mjburgess 5y agoYou realise there are fewer of them? There's no money there either, after a division.