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> You can just as well argue that labor is getting more expensive in the West because of two non-market pressures. First, we have a multitude of government prog
by stein1946 11mo ago
> You can just as well argue that labor is getting more expensive in the West because of two non-market pressures. First, we have a multitude of government programs that seek to eliminate extreme poverty, so there are fewer people who are desperate to take any job for any money. Second, you have consumer protection policies that make it genuinely expensive to, say, be a HVAC repairman. Educational requirements, permits, licensing, business insurance, waste disposal, etc.
How's what you wrote substantiated at all?
To me it seems you are suggesting we let people starve so that labour you characterize as "minimally-skilled backyard" is cheap.
You also seem to be suggesting that consumer protection policies need to go as well. I assume we are going to trust the end consumer to do due diligence cause "they know whats better for them?"
If they get a quote of 10k and they cannot get a better one, they might as well start writing that check.
- toomuchtodo 11mo agoI don’t think that’s what they were saying, but instead, labor is expensive now because labor is scarce, which is true. And that regulation is expensive, which it is, but also necessary. Perhaps the question is why wages are not high enough to support these prices (globalization, productivity wage gap over the last fifty years, etc). This will change over time due to structural demographics [1] making labor much more scarce (pushing up wages), we’re still in the early days. Software is not going to eat the trades and HVAC repair. [1] https://www.sas.upenn.edu/~jesusfv/Slides_London.pdf https://www.sas.upenn.edu/~jesusfv/Slides_London.pdf
- margalabargala 11mo agoI didn't see anything in their comment where they added "and therefore we ought return to rampant extreme poverty", did I miss it? They don't appear to be suggesting anything you say they are, just describing the effects of what exist. It can be true that consumer protection laws raise the price floor for certain goods and services without "and therefore consumer protection laws are bad".
- locknitpicker 11mo ago> I didn't see anything in their comment where they added "and therefore we ought return to rampant extreme poverty", did I miss it? The US is already experiencing rampant extreme poverty. There are people in the US holding multiple jobs and still can't afford to eat, let alone healthcare. Again, this argument that things are expensive because the poor can't work and regulation somehow is suffocating businesses is purely ideological and not supported by facts.
- water9 11mo agoYes, because if you get a leak in your air conditioner, instead of just patching the hole and refilling it with coolant, you have to replace your entire system in places like California because they require a more green, less gas, in the name of science, and still completely ignoring the simple fact that it doesn’t make a damn difference because we all live in the same globe. The amount of waste that is generated is 1000 times that of just refilling the coolant. When will people realize that you can use an existential threat that you can’t prove to justify anything? What could be more important than our existence? If the same scientist came out with a study that said if you don’t pay me $1 million by tomorrow, we are gonna get hit by an asteroid. Would you believe them and pay me? Or has this become a political issue we’re no longer thinking rationally
- locknitpicker 11mo ago> Yes, because if you get a leak in your air conditioner, instead of just patching the hole and refilling it with coolant, you have to replace your entire system in places like California because they require a more green, less gas, in the name of science, and still completely ignoring the simple fact that it doesn’t make a damn difference because we all live in the same globe. I don't think you are holding an informed opinion. Ozone layer depletion was tied primarily with CFC emissions used in air conditioning units, and since the production of CFCs and other ozone-depleting chemicals were banned in the late 1980s the ozone layer started to regenerate. In practical terms this means lower incidence of health issues such as skin cancer or cataracts. That sounds pretty neat. But being able to use a 40+ year air conditioning unit is worth it?