this post was submitted on 14 Apr 2024
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Cool. So if everyone Learns To Code because that's the only way to deserve an actual living, who does the essential but unskilled jobs then? Oh I get it, you're advocating for labour immigration. Cool.
Supply and demand. The supply reduced so wages went up but only as much as demand required. If you want more money be more valuable.
So you want labour shortages (and/or strikes because that's the other way to effect a supply shortage) for a while to hurt the economy before The Market finds a way to pay the people it wants to consume their way to infinite growth
What a weirdly planned economy
Well, we could skip the labor shortage until wages increase by increasing wages right away.
We simply don't have a perfect market, which would be required for supply and demand to regulate without hiccups.