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> Similarly, the restriction of the oil supply will drive up cost, drive down usage, and force the economy to grind to an ugly halt. The economy wouldn't necessarily grind to an ugly hault - there is a sweetspot in the middle, which you are ignoring here. It could also be that people/businesses adjust to a _moderate_ supply restriction in some way (travel less, purchase locally, etc), new technologies arrive, and things change for the better. > If we decreased the supply of programmers to 1 said programmer would be making a shitload of money - but that is not good for the general population, nor the economy. I also don't buy into the 'good for general population' argument necessarily - it is fair for employees (in this case, programmers) to also want what is best for themselves. Corporations generally want what is best for their shareholders (or executives) and not their employees OR the general population, which is part of the reason they ask for higher caps. > And let's be honest, as a single programmer making 4.5x the median household American income, our wages are plenty elevated. Why do you think wages are elevated? Many programmers I work with are very smart folks, and I personally feel that they are underpaid relative to the value they are creating within the organizations they work for. Furthermore, why is 4.5x the median household income randomly the bar here? Should every profession be capped in your view (doctors, lawyers, etc)? |