Comment by forgetfreeman
20 days ago
Hey. Remember that time a bunch of economists and politicians got together and decided we'd brick domestic manufacturing and switch to a service economy? Well this is what a service economy looks like.
20 days ago
Hey. Remember that time a bunch of economists and politicians got together and decided we'd brick domestic manufacturing and switch to a service economy? Well this is what a service economy looks like.
In the UK, that "new economy" was even explicitly motivated by strong unions in industrial labor, and Thatcher really hated unions. It's not that far-fetched that something similar happened in the US.
None of which is relevant to my point.
Segments of the working class who would have in decades past done modestly well for themselves in the industries we're currently missing are now stuck trying to get by on jobs that were intended to give teenagers something useful to do. Seems pretty relevant to a discussion of minimum wage. That is what we're talking about, right?