3 ms·
Theres no labor shortage, companies have been reaping record profits and not paying it out to employees. Thats why the standard of living is dropping. Its basic
by ldjkfkdsjnv 3y ago
Theres no labor shortage, companies have been reaping record profits and not paying it out to employees. Thats why the standard of living is dropping. Its basic economics
- vkou 3y agoUnemployment is at historic lows.
- ldjkfkdsjnv 3y agoUnemployment at historic lows, cost of living at all time highs. Something isnt adding up
- vkou 3y ago1. Rent-seekers are sucking up all the productive surplus out of the economy, raising the cost of a lot of things. 2. People doing work vital for society got raises, which was made possible by bargaining power that they gained from low unemployment. This, naturally, results in higher prices for anything that their labour produces. 3. Shortages. None of these are the fault of the immigrant boogieman.