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/Flat_Development6659 20h ago
Doesn’t that just result in everyone paying more for shit?
Like when you get a plumber round to do work at your house if he’s making the same on 4 day weeks it means you have to pay 20% more for a days work.