Comments by "Kristopher Driver" (@paxdriver) on "The Truth About the US Economy!" video.

  1. Engagement comment in support of your word. DNR
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  2. ​ @dancom6030 the only comment I've seen that hits the nail on the head. If making more but required to reduce standards of living to make ends meet without increasing debt then by definition the economy is not better for that person. Cutting benefits to make more money then paying higher health insurance is not an improvement just like having 3 part time jobs with fixed commute costs is not a better labour market statistically, even though the statistics suggest otherwise. We can learn on our own, sure, I do that, but without humans reviewing job applications in an effort to be more efficient and cut costs, then qualified self educated people don't get hired even when they're the best candidates because computers don't make value judgments of character like that. It's a double edged sword - the company loses the better pool of candidates willing to take slightly lower pay than university grads, and university grads have student loan debt with higher expectations and often lacking the gumption and character a self taught person can earn. The only way out of the mess is profit sharing to spread company earnings across any employee who does well, with wage increases fixed to inflation and replace pay bumps for solid workers with greater profit share. That would mean any smart good worker could invest in themselves long term by working any job and probably stay once they amassed more profit share and we're comfortable, and any employee could borrow short term off shares rather than pay rent-seeking banks an interest fee for doing absolutely nothing.
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