5 ms·
Marget wages represent labor supply/demand/productivity dynamics, I dont like it when government starts looking into people’s wages. It is their hard earned mon
by slt2021 2y ago
Marget wages represent labor supply/demand/productivity dynamics, I dont like it when government starts looking into people’s wages. It is their hard earned money.
Government should focus on increasing efficiency, reducing bloat, and helping private sector thrive: building more housing, allowing dense housing, there should be orders of magnitude more housing across the board
- readthenotes1 2y agoAre they really "market wages" when employers are known to have conspired to limit them? They may not be doing so for the low-end, but if California is like most other states with a lot of illegal immigrants, there are people you can pick up at a parking lot somewhere that'll do the work for lower than minimum wage, which distorts the comparison because we do not have such a market for high $ workers
- jpollock 2y agoExcept there is that competition for high compensation workers. I'm proof of it. I was imported from New Zealand to the US to take a job at a wage an American wasn't willing to accept. That it was $160k/yr doesn't change that my employer couldn't find anyone at that wage. In fact, they couldn't find anyone at that wage + >~100k, because that's about how much they spent to hire me, move me (lawyers + immigration), and keep me legal. My entire career has been spent moving from country to country and (essentially) taking jobs at wages locals aren't willing to work for.
- readthenotes1 2y agoThe scale is so much less since high compensation workers tend to be brought in legally (or kept out of the country so that they're not counted in the wage disparity)