Haffrung t1_jdyz1tg wrote on March 28, 2023 at 5:33 AM

Reply to comment by elementofpee in Low-wage workers have seen historically fast real wage growth in the pandemic business cycle: Policy investments translate into better opportunities for the lowest-paid workers by sillychillly

It‘s remarkable how many people think paying higher wages won’t mean higher prices. You can see them cheer on higher wages for restaurant workers, and in the next breath rant about the price of eating at a restaurant. Can people really go through 13-17 years of education without learning how markets work?

Typical-Length-4217 t1_je1h9n8 wrote on March 28, 2023 at 6:55 PM

This same irony can be applied to open borders policies. So many of the folks who promote open border policies also promote low cost housing, totally disregarding the notion of global demand. It’s like they cannot comprehend that uncontrolled population growth could also cause an uncontrolled increase in the price of housing.