5 ms·
It's not that I advocate for wealth redistribution, quite the opposite in fact. But I certainly wish that these leaders would just, y'know, RAISE WAGES. Rent is
by uejfiweun 4y ago
It's not that I advocate for wealth redistribution, quite the opposite in fact. But I certainly wish that these leaders would just, y'know, RAISE WAGES. Rent is skyrocketing, housing is skyrocketing, medical expenses are skyrocketing, car prices are skyrocketing, and after 40 years of this, it's finally just now that wages are starting to catch up a tiny bit. Meanwhile, CEO pay has risen >30% since the pandemic alone: https://www.forbes.com/sites/annefield/2022/05/23/ceo-worker-pay-gap-widens-and-employees-arent-happy-about-it/?sh=2707ef5c142c https://www.forbes.com/sites/annefield/2022/05/23/ceo-worker...
- throw8383833jj 4y agoRight, rising wages is what most people demand of politicians. But, there's two ways to get more of what you want: 1) rising wages 2) lowering costs. #1 -> it would be nice but you can only squeeze so much blood from a turnip. #2 has gotten far too little attention and has a lot of potential to do good, if we start pursuing it in a way that increases overall prosperity, not decreasing propsperity
- xmprt 4y agoI don't know if raising wages alone will help. Increased wages will just make cost of production more expensive and raise prices or allow landlords to charge more for rent. What's more important is solving housing, transportation, and healthcare issues so people can satisfy those needs cheaply. Build more houses, improve urban planning and public transit, and create national healthcare.