On: Blue-collar wages are surging. Can it last?

[TheAdamAndChe]

Right, and as fewer people go into middle class jobs, demand for those workers will increase and will lead to increased wages.

This is what inflation is. It's all a function of supply and demand.

[thrillgore → TheAdamAndChe]

It'll be either an increase in wages, or increase in visas for that kind of labor from overseas.

[amriksohata → thrillgore]

Or worse the businesses decide to open shop abroad the jobs disappear from the local market

[TheAdamAndChe → amriksohata]

Hence the growing disdain for globalization. It's a race to the bottom to see what country will provide the lowest wages and quality of life for its workers.

[amriksohata → TheAdamAndChe]

Interesting way of looking at it, and capitalism in general