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Comment by phenkdo

>There NO labor shortage when many big companies belong to billionaires that get wealthier every day (even during Covid).Those companies obviously CAN pay more. The owners are not going to sleep under a bridge anytime soon.

It's this manichaean view - business bad, me good - that's the crux of the issue. You assume every business is a FAANG and sitting on piles of cash. Most businesses (50-60%?) - even in tech - are small biz and biz owners are in the same boat. Very very few companies even come close to the level of your straw-man.

And you are very wrong with the (rather comical) assumption business-owners are scrooge mcducks sitting on piles of cash. In tech, programmer salaries are hyper-inflated (compared to most other professions) and already out of reach of many SMEs and we are scraping the bottom-of-the-barrel for talent. I'm a business owner myself and I have seen this first-hand, so don't tell me there's no labor shortage.

parent phenkdo 4 years ago

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