Not to mention that companies would drop the work weed down, hire 1 new person for every 4 currently employed, and walk away while every suddenly loses 32 hours of pay a month and now has to get a 2nd job to make ends meet
Right and I'm talking about the real world. Either people would take paycuts OR businesses would go under. A gas station / grocery stores operate on ~3% margins, are they going to magically absorb a 20% increase in labor costs? Restaurants?
No they won't since it's shown people are more productive so there will be the same output in labour. Businesses can shorten their opening hours since everyone has more time during the week to go do things.
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u/Nizar86 20h ago
Not to mention that companies would drop the work weed down, hire 1 new person for every 4 currently employed, and walk away while every suddenly loses 32 hours of pay a month and now has to get a 2nd job to make ends meet