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> “A carpenter now is making 20% to 25% more than they did 24 months ago, and that is not sustainable.” - some employer. This is a feature, not a bug. If that
by ramblenode 3y ago
> “A carpenter now is making 20% to 25% more than they did 24 months ago, and that is not sustainable.” - some employer. This is a feature, not a bug.
If that holds true for the average employee then it's inflation, not a wage increase.
In that case the losers are people paid in cash, which is most employees.
- tuatoru 3y agoNo, the losers are the people who are not employees: business owners mainly. Hence the whining and throwing of toys out of cots.
- ramblenode 3y agoIf prices keep up with inflation then the business owner is no worse off. They have most of their assets in the business, which is better than cash.
- fakedang 3y agoThe losers are people paid in startup equity while their CEO gallivants about as an "investor".