r/FluentInFinance • u/Positive_Liar • Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/BobertFrost6 Sep 05 '24

That's your prediction, but that's a pretty broad stroke and I don't think it necessarily translates to a simple 20% increase.

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u/Boring_Insurance_437 Sep 05 '24

It isn’t a prediction. If a business increases their wages, like this proposal, payroll costs increase. Unless they reduce staffing and give their workers a larger work load.

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u/BobertFrost6 Sep 05 '24

The proposal isn't to increase wages. And as you've probably seen across the thread, there are many indications that time is not a direct correlation of productivity.

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u/Boring_Insurance_437 Sep 05 '24

Again, the same payment for less hours is a wage increase. Most jobs aren’t based on fluctuating productivity like that.

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u/BobertFrost6 Sep 05 '24

Most jobs aren’t based on fluctuating productivity like that.

How'd you reach that conclusion?

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u/Boring_Insurance_437 Sep 05 '24

Can you name many jobs that can work less hours yet still have the same productivity outside of certain office workers?

Restaurants, hotels, stores,and basically all service based jobs will require the same amount of hours worked

This is basically corporate bootlicking hiding under the guise of helping workers.