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by mc32 2516 days ago
Even Bernie came against this reality: his workers demanded $15/hr, you know in line with his stated policy platform. So, he did concede the raise but cut back on their hours.

Now, I’m somewhere in the middle. I think shipping jobs overseas has had a catastrophic impact on wages and jobs (unions can’t protect against this in any meaningful way). Also unions will milk a company dry regardless of consequences. But they occasionally protect against some abuse. On the other hand they stifle innovation in very counterproductive ways.

1 comments

> I think shipping jobs overseas has had a catastrophic impact on wages and jobs

On the flip side this is also what has contributed so much to global progress in terms of increased wages globally, increased standard of living, life expectancy, literacy levels, and every other measurable positive progress indicator. I'm conflicted as well.