KevinC
3878
If there is, then they will be able to staff their restaurants, right?
It sounds, though, that restaurants and other industries are having trouble finding workers at their current pay rates, likely because said workers have found better pay elsewhere. That’s their problem, not my problem. They’ll have to figure it out. If that means restaurants become more of a rare treat for me or something I’m priced out of… well, boohoo me.
Timex
3879
Oh, absolutely, if no one wants to work, that’s too bad.
Who doesn’t want to work? I’m assuming most of these people are either
A) stuck at home watching kids because our daycare system sucks
B) found better founds that either pay better or require less work
C) Applying for better jobs because they now have the time to do it.
I very much doubt its
D) Being Lazy Welfare Kings and Queens just hanging out doing nothing
Which your turn of phrase might lead people to.
LockerK
3881
The context of the statement you’re replying to implies B and C and in no way, shape, or form should lead you to D.
Point A is a big one. Not just in regards to daycare, but in regards to people making life adjustments after the pandemic hit that took them out of the workforce. Maybe it’s married couples deciding to tighten belts have one parent be a full-time parent. Maybe it’s young people deciding that if their shit job is going to evaporate it’s time to return to college. I’m sure some segment of the population that lost their jobs in the initial COVID panic just sat around on unemployment waiting for the jobs to return. But I’m equally sure some segment did not and changed their life up. Now those people are no longer available to the workforce and it’s enough of a dent in the supply side of labor to disrupt Adam Smiths invisible handjob to capital.
I don’t think I’m understanding what you are saying.
I argue that there are 4 scenarios as to way Hospitality Jobs might go unfilled, and that its very unlikely that it’s “no one wants to work” and most likely that “no one wants to work in a restaurant” for the 3 reasons I’ve outlined.
That is, they found a better job (I know, I wrote found a better founds for some reason), are still looking for a better job (or I guess are going back to school), or have a situation (likely kids, but could be anything) that now requires them to be at home.
Its very unlikely that these jobs are unfilled because no one wants to work.
Timex
3884
He’s saying that you misunderstood my post, and that it was not in fact talkng about your point D.
Feel free to clarify your point at any time, because it sound like something Ronald Reagan would say.
Thrag
3887
If you don’t like the wages go get a better job!
people take advantage of a structural upset in the economy and high labor demand to get better jobs
Why doesn’t anyone want to work anymore!
Timex
3889
LockerK already pointed out that the context made it clear which it was talking about.
Is there no role for slavery anymore? People used to do that job.
Alstein
3891
Also, with others hiring, unions can hold out longer, as folks can work those jobs to earn money while striking. Deere’s probably going to lose this one, especially with the community supporting the union.
The office workers might say enough’s enough soon and get another job.
This is why I think Biden should have kept trying to keep the COVID relief spice flowing- he could have reversed all the losses of the post Cold-War era peace.
Surely there’s a middle ground between (wage) slavery and no more small businesses. I know we love arguing to extremes here. If this were an MMORPG, it’s like we’re seeing auction house prices for the 700 players with billions of gold at the expense of the 350 million players that have to grind dailies just to keep their sub active and never get to play the game. If the developer just took away the gold from the problem players that exploited the mechanics and broke the system, they could stabilize the game’s economy and AH prices would go down.
The middle ground is a livable wage. That won’t kill small businesses.
KevinC
3894
I feel like these conversations also took place with actual slavery. I mean, how to maintain such a plantation if we can’t rely on slave labor?
@Wallapuctus, I’m no economist, but there seem to be only 2 things that kill businesses.
- A lack of demand for their services (which can be caused by a lot of different things, like price)
- Another business doing it better and/or cheaper
Number 2 shouldn’t be an issue with rising prices. If wages are going up, then all the businesses in the area should be in the same shape, more or less. Everyone is paying higher wages, then it should be level playing fields. Maybe larger businesses are able to save in other places, but then again, small business owners can just work more hours to compensate.
Number 1 might be an issue, as prices go up, but on the other hand, more people will have more money in their pockets to pay for things. It should push up wages across the board as well.
The end result might be that people in the higher end of the income scale might see more of their income trickle down to people on the lower end of the income scale, as their wages don’t go up as fast as people on the lower end of the income scale.
I would argue that it’s just a market correction, more than anything else though.
So, the good news, that increase in price might be helping the economy more than just that increase in price. You should feel satisfied that you are making America just a little bit better by not having to play the bare minimun for food and service.
I would also say if it makes one pause to consider the exceedingly low cost of making spaghetti for the whole family at home, it may benefit society by reallocating expenditures to more beneficial items… like GPUs, lol.
Not sure where to put this, but considering how such actions would have a greater impact to those in the lower spectrums of wealth…
