this post was submitted on 06 Apr 2024
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This sounds like productivity is commensurate with pay. Maybe instead of advocating for interest rates to drop (which has issues of its own), we should be advocating for proper pay raises?
Edit to add a note: This comment is intending to call them out about poor wages. If you want more productivity, then pay us for it! I'm sick of doing the work of 3 people with measly, if any, wage raises!
Higher interest rates slow spending
Higher pay increases spending
If only the economics of whole countries was this simple.