>Listen goy, you just don't understand economics. Your life is better when there is downward pressure on wagies wages. The rich guys are gonna get theirs no matter what, but if the wages they pay you are lower, then they will pass that on in savings at the register. It's simple Babylonomics
@Xenophon Yeah, just like they passed-on the per-worker productivity gains to us, right?
The only reason some things got cheaper, was technological-advancement - never "labor costs," which are a minuscule part of the retail-price of 99% of goods.
Our middle-class is nearly gone, and the elite are many times richer than ever.,
It's even worse than even the Guided Age and the Great Depression, when we were also dirt-poor due to mass-immigration - which is why we shut that crap down with the Immigration Act.
Even with that done - the flow shut-off - it took decades + killing off a bunch of men in WWII to get wages up to middle-class levels.
The only reason some things got cheaper, was technological-advancement - never "labor costs," which are a minuscule part of the retail-price of 99% of goods.
Our middle-class is nearly gone, and the elite are many times richer than ever.,
It's even worse than even the Guided Age and the Great Depression, when we were also dirt-poor due to mass-immigration - which is why we shut that crap down with the Immigration Act.
Even with that done - the flow shut-off - it took decades + killing off a bunch of men in WWII to get wages up to middle-class levels.
Looking at Labor through an economic lens without special pleading because it is labor rather than some other thing that you buy and sell makes it pretty darn clear the things to raise wages are not the things people think. I don't think it's a mistake that all of those things that would make labor more valuable have been made taboo.
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