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by mlhpdx
40 days ago
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> it's no surprise by and large they are not known for having a nuanced and academic understanding of economic theory The folks I’ve worked with have been as dedicated to their career path as anyone, and while their expertise and skill varies that isn’t different than any job. I understand your point, but your (mis?)characterization hits me as a little biased and shallow. It’s not “theory”; it’s literally what they do. |
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They either don't understand that addressing wages without supply simply increases prices, or they do understand and don't care because it's good for their pocketbook. Which one's worse?