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Let's say answering a phone is 11/hour and laying bricks is 11.20/hour. No big shock that people will take the phone job, but if you remove that option more peo
by matt-p 1y ago
Let's say answering a phone is 11/hour and laying bricks is 11.20/hour. No big shock that people will take the phone job, but if you remove that option more people will flow into the laying bricks job.
- esseph 1y agoExcept that's not reality, because the wage for most bricklayers in the US is $10-12 higher than the call center job. A byproduct is the drop in wages in the bricklayer job, as the call center workers that were fired are now fighting for the bricklayer jobs.
- Buttons840 1y agoAlso, let's not forget an underlying pillar of society; real-estate must never decrease in value. That doesn't really fit with the theory that we're going to build a lot of real-estate.
- matt-p 1y agoThe difference is nowhere near as stark in the UK, and for society a reduction in the cost of building houses or infrastructure is good.