Comment

Comment by face_mcgace

A) So, wages are stagnant or falling and unemployment (real unemployment) is at 10%.

B) Companies reinvest in themselves through buyback and lobbying congress for subsidies. They freeze wages and reduce their workforces.

C) Congress subsidizes their research and development through tax payer funding. Costing a higher tax burden during which wage rates are falling / stagnant.

If B relies on C, and C relies on A, but A is destroyed by B - then what happens?

parent face_mcgace 9 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton