3 ms·
> when you kill a 1,000,000 plus people > resulting labor shortage Alternatively when you kill a bunch of mostly retired and sick people, perhaps you increase
by robocat 4y ago
> when you kill a 1,000,000 plus people > resulting labor shortage
Alternatively when you kill a bunch of mostly retired and sick people, perhaps you increase unemployment (nurses and rest home workers freed up) and decrease spending (dead people don’t buy services or goods).
Besides, the total number affected is a very low percent of the population, which is less significant than other economic changes over the previous 20 years.
Without some deeper analysis, your cause and effect is purely hypothetical.
- bugglebeetle 4y agoOkay, but its what the guy jacking up the rates said about the labor shortage himself, so… https://www.axios.com/2022/12/01/jay-powell-explains-americas-worker-shortage https://www.axios.com/2022/12/01/jay-powell-explains-america...
- robocat 4y agoInteresting. Thank you heaps for adding that, it better explains what you were saying.