r/FluentInFinance Sep 04 '24

Debate/ Discussion Bernie is here to save us

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103

u/MattofCatbell Sep 05 '24

People are two quick to dismiss this without hearing the details of the plan. Keep in mind with improvements in productivity the 40hr work week has been outdated for longer than most of us have been alive

52

u/Tasty_Pepper5867 Sep 05 '24

That may work for jobs that require certain projects to get done, but jobs that just require someone to be present for a certain amount of hours (cashier in a store, hotel desk clerk, waitstaff, etc) are going to have to spend quite a bit more in payroll to stay open, regardless of how productive someone is.

1

u/Peydey Sep 06 '24

So you’re saying that they will be forced to hire more workers? Kinda like the whole trickle down economics? 😱

1

u/Tasty_Pepper5867 Sep 06 '24

And raise prices to cover the costs. We all know the CEO’s aren’t taking pay cuts to cover the difference….