Comments by "Kristopher Driver" (@paxdriver) on "Why Blue-Collar Workers Are Finally Getting Paid More | WSJ" video.

  1. The reason it doesn't work is is because a huge percentage of a tiny income is still a tiny raise lol in an economy where we're all more productive every year, there ought to be room to absorb wage increases across the board of double inflation at least, were it not for the exorbitant returns and generous tax breaks we give to shareholders or bonuses to management for just "being there" while work was being done.
    4
  2. The reason is you're using percentages of vastly different scales of income. They shouldn't scale as a linear percentage in a healthy pay gap, income disparity is caused by focusing on linear relationships (%) between compounding pay increases. Ie large pay increases may be 1% on a million dollar salary and thus harder for a company to absorb than a $1 increase for 100 employees at $10 per hour, for eg. It doesn't make sense to compare percentages with a 3x differential between both workers.
    2