4 ms·

Why is this a good thing? Especially for wages?

• sokoloff 4y ago
  A good thing for employees? It's not. A good thing for government policy makers and employers? It is. Conclude from that what you will.
• tareqak 4y ago
  It is a good thing for the rich/capitalist classes and for those in the immediate periphery because they can then buy more in real terms. It is a bad thing for the poorer working class because their labour gets devalued in real terms.
• deleted 4y ago
  [deleted]
• kgwgk 4y ago
  It adds some slack to a complex system. Rigidity won’t be necessarily better.
• HDThoreaun 4y ago
  It stops being from being fired. Pay everyone 2% less or fire 2% of the employees.