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> If women drop out of the workforce, are employers suddenly going to start doubling salaries so household income will stay the same? Taken in reverse, that's
by wrycoder 5y ago
> If women drop out of the workforce, are employers suddenly going to start doubling salaries so household income will stay the same?
Taken in reverse, that's pretty much what happened when women entered the workforce in large numbers. It now generally takes two incomes to support a household, where it used to take one. (Yes, the standard of living and expectations in general are higher these days, but still.)
- danShumway 5y agoWell then this thread is very odd, because if people have that perspective about why current wages are what they are, then I don't understand what they're complaining about with the current labor shortage. They should see lower supply driving up wages as a good thing.
- wrycoder 5y agoYes, for the government to respond to wage inflation by allowing inflation in the general market basket of goods would be an error imo.