Earlier quoted context omitted.
You gave me two beautiful examples, the best examples, thank you very much. Medicine (healthcare's real name) and driving. Right so, that ties in to what I was saying, you do need more people for the menial jobs, 20% more bus drivers hired. It doesn't increase COSTS, it increases WAGES, not the same thing! Throwing away half the good food just for the sake of wasting it increases costs, hiring 20% more bus drivers in…
There is currently a shortage of bus drivers in San Francisco. https://www.mercurynews.com/2021/12/29/bay-area-transit-look... Reducing the hours to 32h/w doesn't increase the amount of employment when there are currently openings and the current staff is working overtime to meet the commitments. Going to 32h/week and then overtime increases the amount of overtime that the currently employed get and makes the existin…
Translation: there's a surplus of employers who don't want to bid up. Anything other than bidding up, no bidding up, no just no bidding up, never clear the market. No, drag the bosses kicking and screaming, not even, kicking screaming shitting their pants and swearing treacherous vengeance upon the auctioneer. The auctioneer, the worker who'll do the work, their enemy, for asking them for a raise instead of every single other thing they can do instead, which is everything, put a man on Mars before raising wages, invent a time machine before raising wages, elect a gestating fetus as Governor of California before raising wages, sell their sole to the shittiest loser among the demons of hell before raising wages, anything just don't ask for what makes perfect obvious sense.
Bid up or shut up, nobody can say there's a shortage, shortages don't exist. If you paid $10000000 a year for bus drivers would people go to California to drive? Yeah then there's no shortage.
Shortage. No, conspiracy to suppress wages. And if you can't pay what it costs to find someone, tell the truth that you're a shitty poor employer, don't say there's a shortage. There is just as much a shortage of bus drivers in California as there are Apple shares that cost one dollar. It's a surplus of poor and entitled...well not buyers, they don't buy anything, not even prospective buyers like I guess...bidders. Poor and entitled bidders, "pobres diablos de mala muerte."
Doctors there is a shortage because they restrict supply, that's a fair description. So in fact there's a commensurate surplus of medical-school applicants and foreigners who want to become American doctors, but they get turned away, that's a shortage. So in fact no amount of money can actually get America the supply of medicine it needs to have dignity, no amount of money can "incentivize" these overeducated losers to make America healthy. That's a shortage. Going back to the bus driver, would people move into California to drive for ten million dollars a year? Yes, and there would be more drivers, no shortage. "Oh but that's not a reasonable salary" It is if you say there's a shortage! Whereas with doctors, would there be more doctors if you paid ten million a year in salary? No, there would not. A billion a year? No, there would not. So in fact it would backfire, the more America spends on healthcare the less of it it gets, shortage.