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Alternatively, people could try to prevent bad things from happening before they happen. "Let the city go to hell and then it will adjust" is crappy policy.
by waterlesscloud 12y ago
Alternatively, people could try to prevent bad things from happening before they happen.
"Let the city go to hell and then it will adjust" is crappy policy.
- madengr 12y agoIt's not going to hell, it's a slow adjustment. This isn't rocket science, it's a simple system stabilized with negative feedback. Wages for low pay jobs will naturally rise when there is no one there to fill them, instead stimulus is being introduced to keep those people treading water. It's just the reverse effect of all the high paying jobs leaving; let all the low paying jobs leave.