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TheAdamAndChe
on Nov 21, 2017
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Blue-collar wages are surging. Can it last?
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
on Nov 21, 2017
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It'll be either an increase in wages, or increase in visas for that kind of labor from overseas.
amriksohata
on Nov 21, 2017
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Or worse the businesses decide to open shop abroad the jobs disappear from the local market
TheAdamAndChe
on Nov 21, 2017
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root
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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
on Nov 24, 2017
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Interesting way of looking at it, and capitalism in general
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This is what inflation is. It's all a function of supply and demand.