[matwood]

> VCs I talk to seem to expect it to get much worse.

Of course they would say that because it's what they want. They hoped to wrestle back power from the worker in 2000, then 2008 and now they think maybe this time. The fed is actively attacking wage growth this time around, so maybe?

[ericmcer]

What? VCs want the insanely optimistic no-interest rate environment. Giant speculative investments, overvalued IPOs and insane acquisitions are how they get rich, and those things all coexist with huge salaries for engineers.

[laidoffamazon]

Big part of it is politically motivated economic reasoning, imho