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Topic	The US economy continues to boom as unemployment falls to 3.9%
Balrog0 08/03/18 10:42:11 AM #39:	TheMikh posted... the real beast is a saturated market for underskilled labor because education for skilled labor is both unnaturally inflated in price due to decades of indirect federal subsidization and because education for skilled labor doesn't actually prepare most for skilled labor imo its mostly attributable to a level of risk aversion that employers have with respect to labor costs which is itself probably attributable to market consolidation it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business --- But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you. <cite>Balrog0 posted [p:906197806] in The US eco... [t:76867106]...</cite> <quote><cite>TheMikh posted...</cite> <quote>the real beast is a saturated market for underskilled labor because education for skilled labor is both unnaturally inflated in price due to decades of indirect federal subsidization and because education for skilled labor doesn't actually prepare most for skilled labor</quote> imo its mostly attributable to a level of risk aversion that employers have with respect to labor costs which is itself probably attributable to market consolidation it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business --- But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you.</quote> ... Copied to Clipboard!
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