Comments by "Dangic23" (@Dangic23) on "The Great Labor Shortage Crisis | Economics Explained" video.

  1. Covid made people realize they were modern slaves. CEOs and Board members became ultrarich during covid...... Workers struggled. Now workers are asking for a piece of the pie...... But the ultrarich would rather go out of business, than pay more.
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  2.  @constantineergius1626  I'm not asking for socialism...lol. US wages were already low before covid. The unemployment aid seemed huge, but only because of the terribly low salaries people had. US aid was one of the lowest compared to the countries in the OECD. What I'm saying is that the increased output and productivity of the worker has not been reflected in pay. Wages have barely increased in 40 years....but output has gone up double digits. That difference is captured by the higher ups in the corporation.
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  3. These companies would rather go out of business, than pay higher wages.
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  4. USA assistance was lower than most OECD countries. The difference is that wages in the US were extremely low before the pandemic, compared to other OECD.
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  5. Covid made people realize they were modern slaves. CEOs and Board members became ultrarich during covid...... Workers struggled. Now workers are asking for a piece of the pie...... But the ultrarich would rather go out of business, than pay more.
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