Comment by bslalwn
9 days ago
> it's bad for businesses that need their labor
Those poor millionaires won’t have people dumping labour costs anymore :(
9 days ago
> it's bad for businesses that need their labor
Those poor millionaires won’t have people dumping labour costs anymore :(
Now, in combination with tariffs, they can hire college-educated and debt-addled 20-somethings to do the job for just 10x the salary. It's better that they do this than start a family or focus on career building, apparently.
Instead they can pass the more expensive labor costs for less product onto American consumers.