4 ms·

wage inflation has almost never outpaced overall inflation. when that happens companies have extremely strong incentives to do things like outsource or automate

by ffggvv 5y ago

wage inflation has almost never outpaced overall inflation. when that happens companies have extremely strong incentives to do things like outsource or automate or hire illegal labor

gpsx 5y ago
Maybe that is why wealth inequality keeps getting worse? I'm hopeful that it will be different right now because of the various current circumstances, but we will see.