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> Lower profits = less money to go around to workers Hasn't this shown to have been un-true in the last 5 years? Higher profits has not meant more money going
by supercanuck 12y ago
> Lower profits = less money to go around to workers
Hasn't this shown to have been un-true in the last 5 years?
Higher profits has not meant more money going around to workers.
- debacle 12y agoI think in general it has. The cost function for labor has kind of bottomed out. Demand is so low in comparison to supply.
- dragonwriter 12y ago> Hasn't this shown to have been un-true in the last 5 years? Strictly speaking, no. > Higher profits has not meant more money going around to workers. That doesn't mean that lower profits don't reduce the maximum that can be distributed to workers, however. (The fact that the actual amount distributed hasn't historically increased when the maximum has is a different issue.)